Stuart FL 34994 Condo Market Report July 2019

Stuart FL 34994 Condo Market Report July 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2019

For July 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 99 active condo listings (Down by 15 condos from June).

Stuart FL 34994 Condo Market Report July 2019

36 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month) 

Stuart FL 34994 Condo Market Report July 2019

15 Condos Sold in June (Unchanged from June).

Stuart FL 34994 Condo Market Report July 2019

The Stuart FL 34994 Condo market changed very little from last month.

The absorption rate for July dropped to 6.6 months compared to last month’s 7.6 months.  Back into a balanced market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last July the numbers were 84 active listings, 57 pending sales, and 16 closed sales. Much better pending sales numbers last year and just slightly better closed sales.  Inventory is higher for 2019.

Stuart FL 34994 Condo Market Report July 2019

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For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report July 2019 

 

Stuart Florida 34994 Residential Market Report July 2019

Stuart Florida 34994 Residential Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2019

For June 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 89 active listings (Up by 3 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

17 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

Stuart Florida 34994 Residential Market Report July 2019

16 Homes Sold in July (Decreased by 11 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed much weaker activity for July as compared to the last few months.  Both pending and closed sales were down by considerable numbers.

The one-month absorption rate for the 34994 zip code for July jumped to 5.6 months from 3.2 months for June.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL, but approaching a balanced one.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2018 numbers were 71 Active Listings, 30 pending sales, and 21 closed sales.  Much better activity last year than for July 2019.

Stuart Florida 34994 Residential Market Report July 2019

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

Search here for homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report July 2019

Mariner Sands August 2019 Market Report

Mariner Sands August 2019 Market Report

For late August 2019, there are 31 properties for sale in Mariner Sands.  These properties include a mix of condos, villas, and homes.  The list prices range from a low of $155,000 to a high of $699,000.  This is an average list price of $374,996 which works out to $154.44 per sq. ft. of living area.

There are 2 homes under contract (pending) which have not completed the sales process to date.  The list prices were  $269,000 and $379,000.  This works out to an average list price of $324,000 or $166.70 per sq. ft. of living area.  These homes averaged 74 days on market prior to going under contract.

In the past 12 months, 51 Mariner Sands homes have sold.  Sales prices ranged from $100,000 up to $825,000.  This equals an average sales price of $346,469 which is $141.32 per sq. ft. of living area.  These homes averaged 103 days on the market before going under contract and sold on average at 92% of the last listed price.

About the Mariner Sands Golf & Country Club:

Mariner Sands Golf & Country Club

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands Golf & Country Club

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Mariner Sands Golf & Country Club

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Mariner Sands Golf & Country Club

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has its own chapel. It has multi-denominational worship services and is host to art classes, a library, and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  There’s a one-time non-refundable capital contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands August 2019 Market Report

Lakeside Condos Indian River Plantation August 2019 Market Report

Lakeside Condos Indian River Plantation August 2019 Market Report

For August 2019, there are 3 active listings for sale in the Lakeside Condos in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $179,000 up to $250,000.  This is an average list price of $216,333 which works out to $279.57 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 Lakeside Condos have sold.  Sales prices ranged from $162,000 up to $380,000.  This works out to an average sales price of $222,483 which is $237.90 per sq. ft. of living area.  These condos sold for an average of 93% of the list price and averaged 104 days on market before going under contract.

About the Lakeside Condos in Indian River Plantation:

Lakeside Condos in Indian River Plantation

Lakeside and Tennis Villas condos for sale in Indian River Plantation on Hutchinson Island in Stuart FL:

Lakeside Condos in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full-service Marina, golf course, restaurants, and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

Lakeside Condos in Indian River Plantation

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built during 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedrooms, 3 bath units with 1323 sq. ft. of living area.  This is a pet-friendly complex that will allow up to two large pets.  At the time of this writing, the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

Additional Indian River Plantation Condos you may wish to consider: 
Bayview  Beachwalk  Dunes Club  Fairway Villas  Inlet Village  Ocean House  Ocean Terrace  Plantation Club Villas  Plantation House  Resort Villas  River Village  Riverbend  Riverwood  Tennis Villas

Lakeside Condos Indian River Plantation August 2019 Market Report

Kingswood Condo August 2019 Market Report

Kingswood Condo August 2019 Market Report

August 2019 Market Report:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $94,500 up to $129,900.  This is an average list price of $108,183 which equals $98.47 per sq. ft. of living area.

There are currently 4 condos under contract with list prices ranging from $90,000 up to $135,000.  This works out to an average list price for these pending sales of $113,200 or $97.37 per sq. ft. of living area.  These condos averaged 78 days on the market before going under contract.

32 condos have sold in the past 12 months.  Sales prices ranged from $59,900 up to $155,000.  The average sales price was $112,962 which works out to $102.67 per sq. ft. of living area.  These condos averaged 56 days on market before going under contract and with sales prices at 96% of list price.

About Kingswood Condos in Stuart FL:

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condos in Stuart FL

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Kingswood Condo August 2019 Market Report

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Kingswood Condos for Sale

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Kingswood Condo August 2019 Market Report