River Village December 2016 Market Report

There are two River Village Condos available for sale as in December 2016.  The list prices for these condos are $259,000 and $299,000 for an average list price of $279,000 which equals $263.43 per sq. ft. of living area.

There is also one condo under contract that has yet to close.  The list price was $264,900 which equals $252.53 per sq. ft. of living area.  This condo was on the market for 38 days prior to going under contract.

In the past 12 months, 4 condos have sold in River Village.  Sales prices ranged from $235,000 up to $300,000 for an average sales price of $276,250 or $278.30 per sq. ft. of living area.  These condos sold for an average of 95% of the last listing price and were on the market for an average of 140 days prior to accepting a contract.

 River Village in Indian River Plantation

The River Village condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of four four story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation.  These units were built in 1980 with most units having views of the Intracoastal Waterway also knows as the Indian River.

There are 64 units all are two bedroom two bath condos of with either 1,068 or 970 sq. ft. of living area. This is a pet friendly building.  River Village residents enjoy their own community pool for River Village resident’s exclusive use.

Current condo and management fees are around $1,475 per quarter.

River Village December 2016 Market Report