Stuart FL 34996 Condo Market Report March 2019

Stuart FL 34996 Condo Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2019

For March 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 131 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report March 2019

50 Condo sales are pending and awaiting close or lender approval (Down by 1 condo from February).

Stuart FL 34996 Condo Market Report March 2019

24 Condos Sold in March (Up by 8 condos from February) 

Stuart FL 34996 Condo Market Report March 2019

The Stuart FL 34996 Condo Market of Stuart had stronger activity than last month bringing this segment back into a seller’s market.  Though still not as strong as it was last year, but quite active none the less.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 5.5 months from February’s 8.6 months. Transitioning back into a seller’s market for this segment of Martin County condos after a number of months in a buyer’s market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2018 were: 139 active listings, 55 pending sales, and 29 closed sales.  Better activity last year for condo sales in the 34996 zip code of Stuart FL.

Stuart FL 34996 Condo Market Report March 2019

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

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2019

Whitemarsh Reserve April 2019 Market Report

Whitemarsh Reserve April 2019 Market Report

For April 2019, there are no homes available for sale in Whitemarsh Reserve in Stuart FL.

There is 1 townhome currently under contract.  It was listed for $279,900 or $129.34 per sq. ft. of living area.  This homes went under contract 46 days after being listed.

In the past 12 months, 21 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $216,500 up to $270,000 for an average sales price of $253,271 which is $123.67 per sq. ft. of living area.  These homes averaged 70 days on market prior to going under contract and sold for an average of 98% of list price.

About Whitemarsh Reserve:

Whitemarsh Reserve

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet-friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup, and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches, and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve

Whitemarsh Reserve April 2019 Market Report

Stuart Florida Real Estate is presented by:
the Gabe Sanders real estate team

Like New Central Stuart Pool Home Under Contract

Like New Central Stuart Pool Home Under Contract

An almost new home (built in 2014) custom built to the owners discriminating taste and to the highest standards.  This Riverside drive home has every feature you would expect and is in Stuart’s most desirable neighborhood.  This CBS home with a metal roof is designed for coastal living and entertaining both friends and family.   There is maple wood flooring throughout the main living areas and bedrooms. The living room is open and airy and features the warmth of a gas fireplace.

Central Stuart FL Pool Home Central Stuart FL Pool Home

The sumptuous owner’s bath has a pedestal tub, granite tops and onyx floors with a separate rain shower.  The large walk-in closet has custom designed maple shelves and drawers.  A chef’s kitchen features Cambria counter tops, gas convection oven and cooktop, pot filler, high-velocity exhaust fan, and a farm sink. The pool and spa have a salt filtration system. Worry-free hurricane glass doors and windows negate the need for shutters. Handcrafted mahogany front entrance door. Exceptionally high and coffered ceilings, superior crown and baseboard moldings milled by Palm City craftsmen. Additional features include an alarm system, gas tank, cameras, Icynene insulation, 2 attics for storage, 2 gas instant hot water heaters and gas fireplace (convertible to wood).

Central Stuart FL Pool Home Central Stuart FL Pool Home

Central Stuart FL Pool Home Central Stuart FL Pool Home

Search for all Central Stuart FL homes for sale here

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Like New Central Stuart Pool Home Under Contract


Commercial Condo in Stuart Under Contract

Commercial Condo in Stuart Under Contract

Sawgrass Business Center

Here’s your chance for an excellent business opportunity at an affordable price in the Sawgrass Business Center.  Extremely well located on Indian Street between Kanner Highway by the newer Veterans memorial Bridge to Palm City and US-1-Federal Highway.  This mostly open space is ready for your vision for a successful commercial venture in Stuart FL.

Sawgrass Business Center

Being a commercial condo, exterior maintenance and building insurance is included in the management fee of $280.00 per month.   

Sawgrass Business Center

Search here for commercial opportunities in the Stuart FL area

Stuart Florida real estate is brought to you by:
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Commercial Condo in Stuart Under Contract

Stuart FL 34996 Residential Market Report March 2019

Stuart FL 34996 Residential Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2019

For March 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 163 active listings (Decreased by 8 homes from February).

Stuart FL 34996 Residential Market Report March 2019 

49 Residential sales are pending and awaiting close (Up by 10 homes from February).

Stuart FL 34996 Residential Market Report March 2019

18 Homes Sold in March (Down by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2019

The 34996 zip code area of the Stuart Florida had a nice jump in pending sales.  Unfortunately, closed sales were down compared to last month while the inventory stayed fairly steady.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March rose to 9.1 months as compared to the 8.1 months for last month.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for March 2018 were: 133 active listings, 48 pending sales, and 29 closed sales.  Better closed sales numbers for last year.  A slightly higher number of pending sales this year, but this is also with a considerably greater number of available homes for sale (inventory).

Stuart FL 34996 Residential Market Report March 2019

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

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report March 2019