November 2015 Market Update Stuart West Palm City
There are currently 11 homes for sale in Stuart West. List prices range from $$419,000 to 845,000 with an average asking price of $600,236 which is $190.00 per sq. ft. of living area.
There are 6 homes currently under contract. List prices for these homes range from $411,950 to $695,000 for an average list price of $561,141 or $150.44 per sq. ft. of living area. These homes averaged 260 days on market before going under contract.
In the past 12 months, 12 homes have sold in Stuart West. Sale prices ranged from $65,729 to $813,000 with the average sale price being $494,860 which equals a per sq. ft. of living area price of $148.22. These homes sold for an average of 96% of list price and averaged 65 days on the market.
Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City. Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.
Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres. There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family friendly equestrian community.
Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity. All of this in Martin County’s ‘A’ rated school system. And school bus service is provided inside the community.
Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.
Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon. Though many of these lots are being kept as pastures by the adjacent homeowners. Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air. The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.
More information about Stuart West can be found on their property owners’ website here.
Vacant Land for Sale in Stuart West
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