Mariner Village August 2018 Real Estate Market Report

Mariner Village August 2018 Market Report

For August 2018, there are three homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $289,900 up to $359,900 for an average list price of $323,233 which equals $176.82 per sq. ft. of living area.

There are currently four homes with pending sales that have not closed to date.  These homes were listed for prices that ranged from $219,900 up to $329,000 for an average list price of $276,475 or $164.05 per sq. ft. of living area.  These homes averaged 64 days on market before going under contract.

In the past 12 months, eighteen homes have sold in Mariner Village.  Sales prices ranged from a low of $253,000 up to a high of $388,500 for an average sales price of $303,972 which works out to $159.86 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 41 days prior to going under contract.

About Mariner Village:

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.

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

The HOA fees include 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 is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village August 2018 Real Estate Market Report

Inlet Village August 2018 Condo Real Estate Market Report

Inlet Village August 2018 Condo Real Estate Market Report

There are three condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for August 2018.  List prices range from $214,900 up to $275,000 for an average list price of $246,633 which is $237.38 per sq. ft. of living area.

There are 2 condos currently under contract.  These condos were listed for $222,000 and $225,000 for an average list price of $223,500 which is $215.11 per sq. ft. of living area.  These two condos averaged 31 days on the market prior to going under contract.

In the past 12 months, 11 condos have sold in Inlet Village.  Sales prices ranged from $181,500 up to $405,000 for an average sales price of $260,168 which equal $235.47 per sq. ft. of living area.  These condos sold for an average of 96% of list price and were on the market for an average of 91 days prior to going under contract.

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of August 2018) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

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Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

Inlet Village August 2018 Condo Real Estate Market Report

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2018

For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Decreased by 16 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

34 Condo sales are pending and awaiting settlement. (Down by 4 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

26 Condos Sold (Down by 5 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

 The Jensen Beach FL 34957 Condo Market Report for July continued to show strong sales activity.  Both pending and closed sales decreased slightly along with a little larger drop in the inventory of available condos for sale.

The one-month absorption rate for the July 2018, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.3 months (from 3.3 months in June), still a very strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The July 2017 numbers were: 93 active listings, 35 pending sales, and 32 condos closed.  Slightly stronger activity last year.

Jensen Beach FL 34957 Condo Market Report July 2018

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Jensen Beach FL 34957 Condo Market Report July 2018

Whispering Sound Palm City August 2018 Real Estate Market Report

Whispering Sound Palm City August 2018 Real Estate Market Report

 There no homes for sale in Whispering Sound in August 2018.

There are three homes currently under contract. The list prices ranged from $220,000 up to $235,000 which works out to an average list price of $227,833 or $136.03 per sq. ft. of living area.  These homes were on the market for an average of 16 days before going under contract.

In the past 12 months, 15 homes have sold in this Whispering Sound. Sales prices ranged from a low price of $183,900 up to a high of $240,000 for an average sales price of $223,493 which equals $140.41 per sq. ft. of living area.  These sales average 97% list to sales price ratio and went under contract in an average of 31 days.

About Whispering Sound in Palm City FL:

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

This active 55+ community boasts of an active clubhouse with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

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Whispering Sound Palm City August 2018 Real Estate Market Report

Jensen Beach FL 34957 Residential Market Report July 2018

Jensen Beach FL 34957 Residential Market Report July 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2018

 For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 168 active listings. (Down by 2 from last month)

Jensen Beach FL 34957 Residential Market Report July 2018

72 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2018

47 Homes Sold (Decreased by 12 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2018

The Jensen Beach FL 34957 Residential Market remains very active.  Unusually, the Jensen Beach single family real estate market has not suffered any large drop in inventory compared to last July.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months ( was 2.9 months in June).  Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2017 numbers were: 165 active listings, 79 pending sales, and 27 home sales closed.  Much stronger closed activity this year with similar inventory and pending numbers when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2018
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Jensen Beach FL 34957 Residential Market Report July 2018

Harbour Pointe Palm City August 2018 Real Estate Market Report

Harbour Pointe Palm City August 2018 Real Estate Market Report

For August 2018 there are 2 homes for sale in Harbour Pointe.  List prices are $385,000 and $420,000 for an average list price of $402,500 or $169.81 per square foot of living area.

There is one Harbour Pointe home currently under contract.  This home was listed for $510,000 which equals $160.38.  This home was on the market for 233 days prior to going under contract.

10 homes have sold in the past 12 months with sales prices from $375,000 up to  $430,000.  The average sales price was $393,500 which works out to $174.15 per square foot of living area.  These homes sold for an average of 97% list price and averaged 43 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Currently Available Homes and Town Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
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Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City August 2018 Real Estate Market Report

 

Palm City FL 34990 Condo Market Report July 2018

Palm City FL 34990 Condo Market Report July 2018

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

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

There are currently 78 active condo listings. (Decreased by 8 condos from June)

   Palm City FL 34990 Condo Market Report July 2018

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

Palm City FL 34990 Condo Market Report July 2018

1 Condos Sold in July. (Down by 8 condos from June)

Palm City FL 34990 Condo Market Report July 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For July sales really tanked with only one closed sale.

The current absorption rate for condos in the 34990 zip code area exploded to 78 months (was 7.8 months in July).  Now in 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 July 2017 numbers were: 75 active listings, 9 pending sales, and 2 closed sales.  Even though the activity is very slow for Palm City Condos this month, it’s very similar to what happened last year.
Palm City FL 34990 Condo Market Report July 2018
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Palm City FL 34990 Condo Market Report July 2018

The Preserve of Hobe Sound August 2018 Real Estate Market Report

The Preserve of Hobe Sound August 2018 Real Estate Market Report

For August 2018, there is 1 home on the market in the Preserve of Hobe Sound.  This home is listed for $319,900 which is $158.60 per sq. ft. of living area.

There are two homes currently under contract.  These homes were listed for $325,000 and $335,000 for an average list price of $330,000 or $163.61 per sq. ft. of living area.  These homes averaged 32 days on the market before going under contract

In the past 12 months, 10 homes have sold in the Preserve.  Sales prices ranged from $270,000 up to $359,900 for an average sales price of $311,211 which works out to $154.29 per sq. ft. of living area.  These homes averaged 30 days on the market before going under contract and sold for 98% of list price.

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound Real Estate Market Report

The Preserve of Hobe Sound is a DiVosta built community which was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two car garage.  The garages come in both front and side entrance varieties.

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

The Preserve of Hobe Sound

This is a gated community with a very attractive waterfall lake entrance.  Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course.  All ages are welcome and up to two large pets are permitted.  The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse.  Low HOA fees of $184.00 a month (as of August 2018) cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

There are also excellent medical facilities close by as well as restaurants and shopping.  A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

Search here for any available Preserve Homes for Sale

The Preserve of Hobe Sound August 2018 Real Estate Market Report

Palm City FL 34990 Residential Market Report July 2018

Palm City FL 34990 Residential Market Report July 2018

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

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

 There are currently 335 active listings (Increased by 2 homes from June)

Palm City FL 34990 Residential Market Report July 2018

142 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from last month)

Palm City FL 34990 Residential Market Report July 2018

76 Homes Sold in June (Down by 35 homes from June)

Palm City FL 34990 Residential Market Report July 2018

The Palm City FL, zip code 34990 residential real estate market had a fairly slow month for July with a decrease in pending sales and a large drop in closed sales.  At least the inventory didn’t decline any further.
The monthly absorption rate rose to 4.4 months from 3.0 months in June.  Remaining in a seller’s 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 July 2017 numbers were:  398 active listings, 165 pending sales, and 96 closed sales. Considerably weaker activity this year with a reduced inventory of available homes for sale.

Palm City FL 34990 Residential Market Report July 2018

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Palm City FL 34990 Residential Market Report July 2018

Mariner Sands August 2018 Market Report

Mariner Sands August 2018 Market Report

For late August 2018, there are 24 properties for sale in Mariner Sands.  These 24 properties include a mix of condos and homes.  The list prices range from $154,500 up to $599,000 for an average list price of $313,995 which works out to $140.27 per sq. ft. of living area.

There are 6 homes under contract (pending) which have not completed the sales process to date.  List prices were from $199,000 up to $479,000 for an average of $327,750 or $146.27 per sq. ft. of living area.  These homes averaged 29 days on market prior to going under contract.

In the past 12 months, 44 homes and condos have sold.  Sales prices ranged from $110,000 up to $840,000 for an average sales price of $409,225 which equals $143.91 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:

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 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.

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.

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.

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.  Currently (as of October 2016) 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 2018 Market Report

Stuart FL 34997 Condo Market Report July 2018

Stuart FL 34997 Condo Market Report July 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2018

For July 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 6 condos from June).

Stuart FL 34997 Condo Market Report July 2018

21 Condo sales are pending and awaiting close (Down by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2018

17 Condos Sold in July (Decreased by 1 condos from June).

Stuart FL 34997 Condo Market Report July 2018

      The Stuart FL condo market for zip code 34997 is still a very strong market, but the inventory of available condos has now shrunk to unprecedented low levels.

     The absorption rate inched down to 2.6 months in July compared to 2.8 months for June.  Remaining as a strong seller’s market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The July 2017 numbers were: 61 active listings, 32 pending sales, and 25 closed sales.  Considerably better activity last year.

Stuart FL 34997 Condo Market Report July 2018

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report July 2018

 

 

Pipers Landing August 2018 Market Report

Pipers Landing August 2018 Market Report

There are currently 25 active listings for sale in Pipers Landing.  List prices for these homes and condos range from $100,000 to $975,000 for an average list price of $247,524 which equals $86.01 per sq. ft. of living area.

As of this time, there are 3 homes under contract which haven’t closed to date.  List prices for these properties were from $50,000 and $400,000 for an average of $233,000 which is $70.60 per sq. ft. of living area.  These homes averaged 106 days on market before going under contract.

In the past 12 months, 23 homes have sold in Pipers Landing.  The sales prices ranged from a low of $1.00 up to $445,000.  The average sales price was $166,848 or $56.49 per sq. ft. of living area.  These sold listings averaged 162 days on the market before going under contract and sold at an average of 77% of the list price.

About Pipers Landing in Palm City FL:

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

This is an equity golf course community (membership is mandatory).  Championship Joe Lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

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Pipers Landing August 2018 Market Report

Lakeside Condos Indian River Plantation August 2018 Market Report

Lakeside Condos Indian River Plantation August 2018 Market Report

For August 2018, there are 8 active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $159,900 up to $284,000 for an average list price of $226,886 which works out to $276.34 per sq. ft. of living area.

There are no condos under contract and awaiting settlement.

In the past 12 months, 9 Lakeside Condos have sold with sales prices ranging from $190,000 up to $289,000 for an average sales price of $228,250 which is $223.85 per sq. ft. of living area.  These condos sold for an average of 95% of the list price and in an average of 260 days on market (before going under contract).

About the Lakeside Condos in Indian River Plantation:

Lakeside Condos in Indian River Plantation

 

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 in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 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 2018 Market Report

Windstone Palm City August 2018 Market Report

Windstone Palm City August 2018 Market Report

As of August 2018:

There is currently 1 home for sale in Windstone in Palm City, FL.  This home is listed for $549,000 which equals $168.40 per sq. ft. of living area.

One home is under contract and awaiting sale at this time.  It was listed for $620,000 or $207.36 per sq. ft. of living area.  This home was on the market for 43 days prior to going under contract.

In the past 12 months, 4 homes have sold in Windstone.  The sales prices ranged from $535,000 up to $650,000.  The average sales price was $606,250 which equals $180.76 per sq. ft. of living area.  These sold listings averaged 50 days on the market before going under contract and sold for 96% of the list price.

About Windstone in Palm City FL:

Windstone real estate in Palm City FL

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2018 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2018 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone real estate in Palm City FL

Windstone Palm City August 2018 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone real estate in Palm City FL

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Windstone Palm City August 2018 Market Report

Stuart FL 34997 Residential Market Report July 2018

Stuart FL 34997 Residential Market Report July 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2018

For July 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 258 active listings (Decreased by 5 homes from June).

Stuart FL 34997 Residential Market Report July 2018

164 Residential sales are pending and awaiting close or lender approval (Increased by 15 homes from June).

Stuart FL 34997 Residential Market Report July 2018

80 Homes Sold in July (Decreased by 14 homes from June)

Stuart FL 34997 Residential Market Report July 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales.  Pending sales were off this month which may result in some lower closed sales volume in the coming months. The inventory remained relatively steady for this month after numerous months of decreases in thenumber of available homes for sale.
     The absorption rate rose slightly to 3.2 months (was 2.8 months for June).  Remaing as a very strong seller’s market for the 34997 zip code area of Stuart for July 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for July, were: 292 active listings, 180 pending listings, and 84 closed sales.  Similar closed activity but a considerably reduced number of pending sales on a much lower inventory of available homes for sale.
Stuart FL 34997 Residential Market Report July 2018

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Stuart FL 34997 Residential Market Report July 2018

 

Kingswood Condo August 2018 Market Report

Kingswood Condo August 2018 Market Report

August 2018 Market Report:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $90,000 up to $159,000 for an average list price of $110,883 which equals $100.67 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $110,000 and $149,000 for an average list price for these pending sales of $129,500 or $104.78 per sq. ft. of living area.  These two condos averaged 11 days on the market before going under contract.

26 condos have sold in the past 12 months.  Ranging in sales price from $60,000 up to $156,000.  The average sales price was $101,177 which works out to $88.95 per sq. ft. of living area.  These condos sold on average of 106 days on market before going under contract and with sales prices at 95% 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 Condo August 2018 Market Report

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 vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Search here for all available Kingswood Condos for Sale

Kingswood Condos for Sale

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Kingswood Condo August 2018 Market Report

Stuart FL 34996 Condo Market Report July 2018

Stuart FL 34996 Condo Market Report July 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2018

For July 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 106 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report July 2018

25 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from June).

Stuart FL 34996 Condo Market Report July 2018

26 Condos Sold in July (Down by 3 condos from June) 

Stuart FL 34996 Condo Market Report July 2018

The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and no help with any increase in inventory.  Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.1 months from June’s 3.7 months.  Still in a strong sellers’ 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 July 2017 were: 122 active listings, 43 pending sales, and 21 closed sales.  Better closed activity this year but much greater pending activity last year.

Stuart FL 34996 Condo Market Report July 2018

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Stuart FL 34996 Condo Market Report July 2018

Stuart FL 34996 Residential Market Report July 2018

Stuart FL 34996 Residential Market Report July 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2018

For July 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 128 active listings (ncreased by 23 homes from June).

Stuart FL 34996 Residential Market Report July 2018

21 Residential sales are pending and awaiting close or lender approval (Down by 13 homes from June).

Stuart FL 34996 Residential Market Report July 2018

25 Homes Sold in July (Down by 1 homes from June).

Stuart FL 34996 Residential Market Report July 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be an active market but somewhat weaker than last month.  On a positive note, the inventory did rise for July.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 5.1 months as compared to June’s 4.0 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL but drifting 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 July 2017 were: 147 active listings, 33 pending sales, and 36 closed sales.  Considerably stronger activity last year.

Stuart FL 34996 Residential Market Report July 2018

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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 July 2018

Bahia Sound Hobe Sound August 2018 Real Estate Market Report

Bahia Sound Hobe Sound August 2018 Real Estate Market Report

There are no homes for sale in Bahia Sound in Hobe Sound for August 2018.

One home is currently under contract.  The list price was $379,900 or $136.36 per sq. ft. of living area.

4 Bahia Sound homes have sold in the past 12 months.  The sales prices ranged from $450,000 up to $520,000.   This is an average sales price of 475,000 which works out to $184.40 per square ft. of living area.  These homes were on the market for an average of 96 days prior to going under contract and sold for an average of 95% of list price.

About Bahia Sound in Hobe Sound:

Bahia Sound in Hobe Sound

The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 to 2015 and as of this writing (July 2017), there are still 6 vacant lots. These homes are on lots of around 1/4 to 1/3 of an acre and range in size from 4 bedrooms, 3 bathroom homes of around 3,400 sq. ft. of living area down to 3 bedrooms, 2 bathroom homes of just over 2,000 sq. ft. Most homes are single story, however, there are a number of 2 story homes. There was no preferred builder so all of these homes are individual and unique.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

There is a boardwalk through the preserve area to a private dock area as well as kayak/canoe storage. There are only a limited number of docks available and those with deeded docks have the ability to sell these docks to other Bahia Sound owners.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

Children are currently zoned to attend the Hobe Sound Elementary School, Murray Middle School, and the South Fork High School.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

This community is located next to the Jimmy Graham Park and is only 5 miles +/- to Jupiter Inlet or St. Lucie Inlet as well as 10 min to Pecks Lake by boat.  There’s easy access to US-1 and either the City of Stuart or south to the town of Jupiter for entertainment, fine restaurants, movies and first class medical facilities.

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Bahia Sound Hobe Sound August 2018 Real Estate Market Report

Stuart FL 34994 Condo Market Report July 2018

Stuart FL 34994 Condo Market Report July 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2018

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

There are currently 84 active condo listings (Up by 1 condos from June).

Stuart FL 34994 Condo Market Report July 2018

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

Stuart FL 34994 Condo Market Report July 2018

16 Condos Sold in July (Decreased by 9 condos from June).

Stuart FL 34994 Condo Market Report July 2018

The Stuart FL 34994 Condo market weakened slightly from last month but still is an active market.  Close sales were down but we have a good supply of pending sales.

The absorption rate for July rose to 5.3 months compared to last month’s 3.3.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  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 77 active listings, 41 pending sales, and 30 closed sales.  Better pending activity this year while closed sales were cosiderably less than last year.

Stuart FL 34994 Condo Market Report July 2018

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Stuart FL 34994 Condo Market Report July 2018