VilaBella Town-Home Condos in Stuart FL February 2019 Market Report

VilaBella Town-Home Condos in Stuart FL February 2019 Market Report


For February 2019, there is 1 townhome for sale in VilaBella.  The list price is $175,000 or $163.25 per sq. ft. of living area.

There are no pending sales currently in Vilabella

In the past 12 months, 5 townhomes have sold with sales prices ranging from $169,500 up to $201,000 with an average sales price of $181,260 which equals $135.81 per sq. ft. of living area.  These sales averaged 49 days on market before going under contract and sold at 98% of list price.

 

About Vilabella in Stuart FL:

VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos

 Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two-level) units with 1,607 sq. ft. of living area down to 2 Bedroom, 2 Bath townhomes with 1,072 sq. ft. of living area.  All Vilabella townhomes come with a single car garage.  There is also a community pool for the residents’ enjoyment.

VilaBella Town Home Condos in Stuart, FloridaVilabella townhomes are very conveniently located off SE Central Parkway with easy access to Kanner Highway as well as US-1.  Very easy access to shopping, restaurants and downtown Stuart.  Also, an excellent location for those wishing to access I-95 and commute to points both North and South.

VilaBella Town Home Condos in Stuart, Florida2 large pets are permitted.  The HOA fees vary from $295.00 to $316.00 a month depending on the size and location of the unit.  Since these units are deeded as condos, these fees cover insurance and exterior maintenance as well as common area fees, management, cable TV, pest control, recreational facilities, etc.

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VilaBella Town-Home Condos in Stuart FL February 2019 Market Report

 

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Stuart FL 34997 Residential Market Report January 2019

Stuart FL 34997 Residential Market Report January 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2019

For January 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 348 active listings (Increased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2019 

158 Residential sales are pending and awaiting close or lender approval (Up by 65 homes from December).

 Stuart FL 34997 Residential Market Report January 2019

52 Homes Sold in January (Decreased by 18 homes from December)

Stuart FL 34997 Residential Market Report January 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a sizeable drop in closed sales for the first month of the year.  I think this is only temporary as we had an impressive jump in pending sales.  This should show up with increased closed sales in the next couple of months.
     The absorption rate rose to 6.7 months (was 4.9 months for December).  Now, a balanced market for the 34997 zip code area of Stuart for January 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for January, were: 292 active listings, 144 pending listings, and 58 closed sales.  Slightly better closed sales activity last year on a reduced inventory.  There is a better number of pending sales this year.
Stuart FL 34997 Residential Market Report January 2019

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Stuart FL 34997 Residential Market Report January 2019

Mariner Village February 2019 Real Estate Market Report

Mariner Village February 2019 Market Report

For February 2019, there are 4 homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $290,000 up to $339,900.  This is an average list price of $314,950 which equals $181.45 per sq. ft. of living area.

There is one home under contract.  This home had a list price of $299,999 which is $154.88 per sq. ft. of living area.  It was on the market for 5 days prior to going under contract.

In the past 12 months, 20 homes have sold in Mariner Village.  Sales prices ranged from a low of $210,000 up to a high of $388,500.  This works out to an average sales price of $302,995 which works out to $162.03 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were active on the market for an average of 33 days prior to going under contract.

About Mariner Village:

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedrooms, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedrooms, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The monthly $200.00 HOA fee includes front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner Village in Stuart FL

Mariner Village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village February 2019 Real Estate Market Report

Stuart FL 34996 Condo Market Report January 2019

Stuart FL 34996 Condo Market Report January 2019

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

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

There are currently 122 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report January 2019

38 Condo sales are pending and awaiting close or lender approval (Up by 12 condos from December).

Stuart FL 34996 Condo Market Report January 2019

17 Condos Sold in January (Down by 10 condos from December) 

Stuart FL 34996 Condo Market Report January 2019

The Stuart FL 34996 Condo Market of Stuart is one of the few areas in Martin County with lower inventory as compared to last year.  Closed sales were unchanged and pending sales increased for January.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 7.2 months from December’s 4.6 months. Transitioning back into a slight buyer’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2018 were: 140 active listings, 52 pending sales, and 17 closed sales.  Identical closed sales with slightly less pending sales this year on lower inventory.  This condo market is bucking the trend from the rest of Martin County.

Stuart FL 34996 Condo Market Report January 2019

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Stuart FL 34996 Condo Market Report January 2019

Indian Pines February 2019 Market Report

Indian Pines February 2019 Market Report

There are no condos available for purchase in Indian Pines in Stuart FL at this time.

There are also no condos currently under contract.

In the past 12 months, 9 condos have sold in Indian Pines.  Sales prices ranged from a low of $114,000 up to a high of $160,000 for an average sales price of $136,611 which works out to $114.11 per square foot of living area.  These condos averaged 51 days on the market prior to going under contract and sold for an average of 94% of list price.

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedrooms, 2 bathrooms condos, though there are a few 3 bedroom and 1 bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

The condo association fees range from $325.00 a month up to $400.00 depending on the building as each one has its own condo association.  These fees may vary as different buildings have different reserve setups and management and cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup and reserve funds.

Indian Pines Condos in Stuart FL Indian Pines Condos in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, the Dr. David L. Anderson Middle School, and the Martin County High School.

Indian Pines Condos in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

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Indian Pines February 2019 Market Report