Stuart West Palm City November 2018 Market Report

Stuart West Palm City November 2018 Market Report

There are currently 4 homes for sale in Stuart West.  List prices range from $558,000 up to $849,900. This is an average price of $725,475 which is $189.67 per sq. ft. of living area.

There is 1 home currently under contract. This home was listed for $719,000 or $256.24 per sq. ft. of living area. And, was on the market for 40 days prior to going under contract.

In the past 12 months, 10 homes have sold in Stuart West.  Sale prices ranged from $464,900 up to $800,000.  This works out to an average sale price of $640,390 which equals a per sq. ft. of living area $196.89.  These homes sold for an average of 94% of list price and averaged 83 days on the market.

About Stuart West in Palm City FL:

 Stuart West in Palm City FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Stuart West in Palm City FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And school bus service is provided inside the community.

Stuart West in Palm City FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.  The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

Stuart West in Palm City FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

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Vacant Land for Sale in Stuart West

Stuart West Palm City November 2018 Market Report

River Landing November 2018 Market Report Palm City FL

River Landing November 2018 Market Report Palm City FL

As of November 2018, there are two homes on the market in River Landing. List prices are $449,900 and $469,900. This makes for an average asking price of $459,900 which equals $166.11 per sq. ft. of living area.

There is 1 home currently under contract and awaiting settlement.  The list price was 418,000 or $160.89 per sq. ft. of living area.  This home was on the market for 134 days prior to going under contract.

In the past 12 months, 3 homes have sold in River Landing.  Sales prices ranged from $410,000 up to $560,000.  The average sales price equaled $466,633 which works out to $184.76 per sq. ft. of living area. These homes sold for an average of 98% of the last list price and took an average of 56 days on market until going under contract. 

About River Landing in Palm City FL:

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generously sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air-conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older homes, and most have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

River Landing in Palm City FL

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River Landing Homes for Sale in Palm City Florida

River Landing November 2018 Market Report Palm City FL

Palm City FL 34990 Condo Market Report September 2018

Palm City FL 34990 Condo Market Report September 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2018

For September 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 83 active condo listings. (Increased by 7 condos from August)

   Palm City FL 34990 Condo Market Report September 2018

5 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

Palm City FL 34990 Condo Market Report September 2018

6 Condos Sold in September. (Down by 1 condo from August)

Palm City FL 34990 Condo Market Report September 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales remain difficult in this market as we have a large number f condos in two high fee equity golf club associations where the current market is quite challenging.

The current absorption rate for condos in the 34990 zip code area jumped to 13.8 months (was 10.9 months in September).  Still a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2017 numbers were: 68 active listings, 7 pending sales, and 3 closed sales.  Down slightly this year when compared to September 2017.
Palm City FL 34990 Condo Market Report September 2018
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Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report September 2018

Palm City FL 34990 Residential Market Report September 2018

Palm City FL 34990 Residential Market Report September 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2018

For September 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 357 active listings (Decreased by 4 homes from August)

Palm City FL 34990 Residential Market Report September 2018

119 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from last month)

Palm City FL 34990 Residential Market Report September 2018

57 Homes Sold in August (Down by 40 homes from August)

Palm City FL 34990 Residential Market Report September 2018

The Palm City FL, zip code 34990 residential real estate market had  big drop in closed sales and is back into a balanced market for the first time in quite a while.  Pending sales were up which will hopefully result in greater closed sales in the coming months.
The monthly absorption rate jumped to 6.3 months from 3.7 months in August.  Into a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2017 numbers were:  335 active listings, 108 pending sales, and 43 closed sales. Better activity this year but with a highr inventory of available homes for sale.

Palm City FL 34990 Residential Market Report September 2018

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

 Search here for Palm City Florida Real Estate for Sale:

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Palm City FL 34990 Residential Market Report September 2018

Palm Pointe and Palm Isles October 2018 Market Report

Palm Pointe and Palm Isles October 2018 Market Report

There are currently four active listings in Palm Pointe and Palm Isles community of Palm City FL.  List prices for these homes range from $277,500 up to $379,000. This results in an average list price of $323,850 which equals $165.16 per sq. ft. of living area.

At this time, there are two homes under contract.  The list prices were $277,500 and $279,999. This is an average list price of $278,750 or $177.69 per sq. ft. of living area.  These homes were on the market for an average of 40 days prior to going under contract.

5 homes have sold in the past 12 months.  Sales price ranged from $250,000up  to $350,000 with the average sales price of $281,500 which works out to $159.28 per sq. ft. of living area.  These homes were on the market for an average of 24 days prior to going under contract and sold at an average of 98% of list price.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Isles and Palm Pointe in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

 Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Palm Isles and Palm Pointe in Palm City

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Isles and Palm Pointe in Palm City

As of October 2018, HOA fees were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

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Palm Pointe and Palm Isles October 2018 Market Report