South Fork Estates Real Estate Market Report for March 2019

There are currently 2 homes for sale in South Fork Estates in Stuart FL. The listing prices are $375,000 and $564,900 for an average list price of $469,950 which equates to $186.00 per sq. ft. of living area.

There is one home under contract at this time in South Fork Estates. The list price was $389,000 or $213.15 per sq. ft. of living area. This home went under contract 122 days after coming on the market.

In the past 12 months, there have been 4 sales in South Fork Estates. These homes had sales prices from $380,000 up to $456,500. This works out to an average sales price of $410,375 which is $195.82 per square foot of living area. These homes averaged 87 days on the market before going under contract and sold for an average of 97% of the list price.

About South Fork Estates in Stuart FL:

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other. All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community. Those homes not on the lakes have private preserve views of the Atlantic Ridge.There are 114 homes in South Fork Estates. Homes were built from 1992 through as late as 2011. The majority of the homes were built between 1998 through 2005. Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500. There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area. Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters. Shopping and medical facilities are also close by. And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

South Fork Estates Market Report for March 2019

Stuart FL 34996 Condo Market Report February 2019

03.26.19 by Gabe Sanders

Stuart FL 34996 Condo Market Report February 2019

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

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

There are currently 138 active condo listings (Up by 16 condos from last month).

51 Condo sales are pending and awaiting close or lender approval (Up by 13 condos from January).

16 Condos Sold in February (Down by 1 condo from January)

The Stuart FL 34996 Condo Market of Stuart showed a nice increase in pending sales but a slight decrease in closed sales when compared to January.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 8.6 months from January’s 7.2 months. Remaining in 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 February 2018 were: 141 active listings, 55 pending sales, and 29 closed sales. Slightly better activity last year.

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Stuart FL 34996 Condo Market Report February 2019

Martins Crossing Real Estate Market Report March 2019

03.26.19 by Gabe Sanders

Martins Crossing Real Estate Market Report March 2019

There are currently 7 homes for sale in Martins Crossing. Prices range from $199,900 up to $423,000. This is an average list price of $281,900 which equals $145.42 per sq. ft. of living area.

There are 5 homes under contract. List prices were from $204,900 up to $385,000. This equals an average list price of $295,360 which is $144.92 per sq. ft. of living area. These homes went under contract in an average of 71 days.

In the past twelve months, 34 homes have sold in Martins Crossing. Sales prices ranged from a low of $177,000 to a high of $415,000. This equals an average sales price of $279,592 which equates to $144.68 per sq. ft. of living area. These homes sold at an average of 97% of list price and were under contract in an average of 34 days.

About Martins Crossing in Stuart FL:

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping. Martins Crossing Real Estate Market Report March 2019, boasts of 596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing Real Estate Market Report March 2019 community amenities include lush landscaping and with private preserve views, The Martins Crossing Clubhouse has a sparkling resort style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing Real Estate Market Report March 2019 is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95. All this in a wonderful ‘A’ rated school system.

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Martins Crossing Real Estate Market Report March 2019

Stuart FL 34996 Residential Market Report February 2019

03.25.19 by Gabe Sanders

Stuart FL 34996 Residential Market Report February 2019

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

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

There are currently 171 active listings (Decreased by 3 homes from January).

39 Residential sales are pending and awaiting close (Down by 4 homes from January).

21 Homes Sold in February (Up by 11 homes from January).

The 34996 zip code area of the Stuart Florida had a nice jump in closed sales. Unfortunately, both pending sales and inventory dropped from last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February rose to 8.1 months as compared to October’s 17.4 months. Still a buyer’s market for the 34996 zip code area of Stuart FL but driting towards a balanced market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February 2018 were: 130 active listings, 56 pending sales, and 14 closed sales. There is increased sales volume this year but also less pending activity and a greater inventory of homes for sale.

Stuart FL 34996 Residential Market Report February 2019

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Search here for real estate in the 34996 Zip Code of Stuart FL

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Stuart FL 34996 Residential Market Report February 2019

The Pines and Windemere Real estate Market Update March 2019

03.25.19 by Gabe Sanders

The Pines and Windemere Real estate Market Update March 2019

There are currently 14 homes for sale in the Pines and Windemere in Jensen Beach FL. Prices range from a low of $298,000 up to $465,000. This is an average list price of $389,007 which is equal to $192.40 per sq. ft. of living area.

Four homes are under contract awaiting settlement. List prices range from a low of $289,000 up to $424,900. This works out to an average list price of $348,450 or $169.20 per sq. ft. of living area. These homes averaged 73 days on the market before going under contract.

In the past 12 months, 35 homes have sold in the Pines and Windemere. Sales prices ranged from a low of $274,000 up to a high of $500,000. This equals an average sales price of $361,380 which equates to $176.41 per sq. ft. of living area. These homes were on the market for an average of 73 days before going under contract and sold for 96% of list price.

About the Pines and Windemere in Jensen Beach FL:

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why The Pines and Windemere Real estate Market Update March 2019 is so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own backyard.” And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) is right next door, a regional park that offers little league and soccer and many family attractions. “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World-famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines is the smaller community of Windemere and the Preserves. D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or Windemere offers the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

When these developments were planned the original intent was to combine the two for ease of access. However, the County decided to nix these plans as they felt that out of area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach and making a lot of congestion in this community.

For any questions you may have about The Pines and Windemere Real estate Market Update March 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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The Pines and Windemere Real estate Market Update March 2019

The Meadows Palm City March 2019 Market Report

03.24.19 by Gabe Sanders

The Meadows Palm City March 2019 Market Report

There are currently 12 homes for sale in the Meadows in Palm City FL. List prices range from $175,900 up to $399,900. This is an average list price of $307,142 which equals $179.81 per sq. ft. of living area.

There are currently 4 homes under contract in the Meadows. These homes were listed from $179,900 up to $449,900. This is an average list price of $320,200 which is $172.13 per sq. ft. of living area. These homes averaged 39 days on the market before going under contract.

In the past 12 months, there have been 29 sales in the Meadows. Sales prices ranged from a low of $140,000 up to $382,250. This is an average sales price of $249,153 or $156.51 per sq. ft. of living area. These homes went under contract in an average of 33 days and sold for an average of 96% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows is a guard gated community with round-the-clock security. Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts. Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988. Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Homebuilding (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988. DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale. The Meadows is not age restricted and currently allows up to 2 large pets. Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

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The Meadows Palm City March 2019 Market Report

Tesoro Club March 2019 Real Estate Market Report

03.23.19 by Gabe Sanders

Tesoro Club March 2019 Real Estate Market Report

There are currently 18 homes available to purchase in the Tesoro Club in Port St Lucie FL. List prices range from $329,000 up to $1,525,000 for an average list price of $709,000 or $186.88 per sq. ft. of living area.

There are 4 homes currently under contract in the Tesoro Club. List prices were from $550,000 up to $725,000. This is an average list price of $667,250 which works out to $169.06 per sq. ft. of living area. These homes were on the market for an average of 118 days before going under contract.

In the past 12 months, there have been 13 sales in the Tesoro Club. Sales prices ranged from a low of $220,000 up to $1,400,000. This works out to an average sales price of $634,170 which equals $165.88 per sq. ft. pf living area. These homes sold at an average of 91% of list price and were on the market for an average 136 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres. The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course. The Tesoro Club is an official PGA Tour host.

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake. This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club. The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts. There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop. Spacious men’s and women’s locker rooms make this a wonderful facility. And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

For those needing more pampering, there’s a full service spa and salon on premises. And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes. Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area. For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club March 2019 Real Estate Market Report

Palm City FL 34990 Condo Market Report February 2019

03.22.19 by Gabe Sanders

Palm City FL 34990 Condo Market Report February 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2019

For February 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 90 active condo listings. (Decreased by 14 condos from January)

19 Condo sales are pending and awaiting close or lender approval. (Up by 12 condos from last month)

4 Condos Sold in February. (Unchanged from January)

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market. The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public. Though, those who love golf, there are some incredible bargains in these communities.

The current absorption rate for condos in the 34990 zip is 22.5 months (was 26 months in January). An extreme buyer’s market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The February 2018 numbers were: 103 active listings, 10 pending sales, and 4 closed sales. The same number of sales while a big increase in pending sale for this year on a reduced inventory.

Palm City FL 34990 Condo Market Report February 2019

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report February 2019

Hammock Creek March 2019 Market Report

03.22.19 by Gabe Sanders

Hammock Creek March 2019 Market Report

There are currently 6 homes actively listed in Hammock Creek in Palm City, Florida. Prices range from $393,000 up to $689,000. The average list price works out to $538,500 which is $179.81 per square foot of living area.

There are 2 homes currently under contract awaiting closing. Their list prices were $395,000 and $700,000. This is an average list price is $547,500 and equals $1169.45 per square foot of living area. These homes averaged 60 days from list date to being under contract.

In the past 12 months, 39 homes have sold in Hammock Creek. Sales prices ranged from $360,000 up to $702,000. This is an average sales price of $497,628 which works out to $168.45 per square foot of living area. These homes went under contract in an average of 50 days and sold for an average of 97% of list price.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides.

The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City elementary, Hidden Oaks middle and Martin County high schools.

Here are the currently available homes in Hammock Creek March 2019 Market Report

For any questions you may have about Hammock Creek March 2019 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek March 2019 Market Report

Palm City FL 34990 Residential Market Report February 2019

03.21.19 by Gabe Sanders

Palm City FL 34990 Residential Market Report February 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2019

For February 2019 in the 34990 Zip Code area of Palm City Florida :

There are currently 402 active listings (Up by 11 homes from January)

147 Residential sales are pending (Up by 26 homes from last month)

52 Homes Sold in September (Ip by 5 homes from January)

The Palm City FL, zip code 34990 residential real estate market showed strong results for February with solid increases in both pending and closed sales.

The monthly absorption rate decreased to 7.7 months from 8.3 months in January. Remaining in a buyer’s market for the Palm City zip code 34990 area for residential sales but drifting towards a balanced market. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2018 numbers were: 415 active listings, 144 pending sales, and 55 closed sales. Very similar activity and inventory as last year.

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Search here for Palm City Florida Real Estate for Sale:

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Palm City FL 34990 Residential Market Report February 2019

Banyan House Condos Stuart FL March 2019 Market Report

03.21.19 by Gabe Sanders

Banyan House Condos Stuart FL March 2019 Market Report

There is currently 1 condo for sale in the Banyan House condos in Stuart FL. This condo is listed for $189,900 which is $138.61 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only 2 condos have sold in the Banyan House. The sales prices were $121,000 and $184,900. This is an average sale price of $152,950 or $111.64 per sq. ft. of living area. These condos averaged 29 days on the market before going under contract and they sold for an average of 100% of list price.

About the Banyan House Condos in Stuart FL:

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart. This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities. All ages are welcome and up to 1 medium sized pet is also allowed. Rentals are also allowed with some restrictions. For 2018, the association fees are $427 per month. These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community. Condos tend to sell very quickly when they come on the market. Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL March 2019 Market Report

Stuart FL 34994 Condo Market Report February 2019

03.20.19 by Gabe Sanders

Stuart FL 34994 Condo Market Report February 2019

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

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

There are currently 113 active condo listings (Down by 1 condo from January).

50 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

20 Condos Sold in January (Up by 3 condos from January).

The Stuart FL 34994 Condo market had a small increase in sales while little or no other significant changes. One of the few segments where inventory is below last year’s numbers.

The absorption rate for February dropped to 5.7 months compared to last month’s 6.7 months. Back into a seller’s market after one month of 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 February the numbers were 125 active listings, 55 pending sales, and 28 closed sales. There was better sales activity last year on a greater inventory of homes for sale.

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Stuart, FL Real Estate

Business Opportunity Properties

- - Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

- - Commercial Properties for Sale in Stuart, Florida Between $0 – $500,000
- - Commercial Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
- Commercial Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000

Land Properties

- - Land Properties for Sale in Stuart, Florida Between $0 – $500,000
- - Land Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
- - Land Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
- - Land Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
- Land Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

- - Residential Properties for Sale in Stuart, Florida Between $0 – $500,000
- - Residential Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
- - Residential Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
- - Residential Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
- - Residential Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000
- - Residential Properties for Sale in Stuart, Florida Between $2,500,000 – $3,000,000
- - Residential Properties for Sale in Stuart, Florida Between $3,000,000 – $3,500,000
- - Residential Properties for Sale in Stuart, Florida Between $4,000,000 – $4,500,000
- - Residential Properties for Sale in Stuart, Florida Between $4,500,000 – $5,000,000
- - Residential Properties for Sale in Stuart, Florida Between $5,000,000 – $5,500,000
- - Residential Properties for Sale in Stuart, Florida Between $6,000,000 – $6,500,000
- - Residential Properties for Sale in Stuart, Florida Between $7,000,000 – $7,500,000
- Residential Properties for Sale in Stuart, Florida Between $7,500,000 – $8,000,000

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

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Stuart FL 34994 Condo Market Report February 2019

Islesworth in Palm City FL March 2019 Market Report

03.20.19 by Gabe Sanders

Islesworth in Palm City FL March 2019 Market Report

There are currently no homes for sale in Islesworth in Palm City, Florida.

There are also no homes currently under contract in Islesworth.

In the past 12 months, 4 homes have sold in Islesworth. Sales prices ranged from $365,000 up to $455,000. This is an average sales price of $397,500 which works out to $159.25 per square foot of living area. These homes averaged 78 days on the market prior to going under contract and sold for 96% of the listing price.

About Islesworth in Palm City FL

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway). This was a Pulte community with 113 homes being built from 1996 through 1998. Most homes are on spacious lots from just under to over ¼ acre sites.

Many homes enjoy serene water views as there are two smaller lakes in this community. Both single and two story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes. The current HOA fees are a very reasonable $463.00 per quarter. The fees include maintenance and insurance of the common areas, roads, reserve funds and basic cable TV.

Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School. Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Islesworth in Palm City FL Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs. For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.

Here are the currently available homes in March 2019 Market Report for Islesworth in Palm City FL

For any questions you may have about March 2019 Market Report for Islesworth in Palm City FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Islesworth in Palm City FL March 2019 Market Report

Stuart Florida 34994 Residential Market Report February 2019

03.19.19 by Gabe Sanders

Stuart Florida 34994 Residential Market Report February 2019

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

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

There are currently 93 active listings (Up by 2 homes from January)

35 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

14 Homes Sold in May (Increased by 6 homes from January)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had increases in sales and pending sales as well as the number of homes available to purchase.

The one-month absorption rate for the 34994 zip code for January jumped up to 6.6 months from 11.8 months for January. Transitioning into a balanced market t for the 34994 zip code area of Stuart, FL after one month as a buyer’s market. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2018 numbers were 81 Active Listings, 41 pending sales, and 13 closed sales. Very similar activity when compared to last year but with a larger inventory of homes for sale this year.

Are you interested in the value of your Stuart FL Home?
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Search here for Stuart Florida Real Estate for Sale

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