"South Fork Estates market report" - Stuart Florida Real Estate

Rocky Point Estates January 2016 Market Report

There are currently 3 homes available for sale in Rocky Point Estates. List prices are from $239,900 to $269,000 for an average list price of $257,966 which equals $168.62 per sq. ft. of living area.

Two homes are under contract. List prices are $329,000 and $375,000 for an average list price of $352,000 or $196.75 per sq. ft. These two homes averaged only 6 days on the market prior to receiving an accepted offer.

In the past 12 months, 13 homes have sold in Rocky Point Estates. Sales prices ranged from $200,000 up to $430,000 for an average sales price of $294,307 which works out to $170.66 per sq. ft. of living area. These homes sold for an average of 95% of the last list price and in 81 days of being on the market prior to receiving an accepted offer.

Rocky Point Estates

Rocky Point Estates is an HOA community in the eastern middle of Rocky Point. Homes on Orange St, Nassau Ter. and the north side of Matousek St. had the opportunity to join this HOA when it was developed and for the sum of $75.00 per year, members have access to a large park with a boat ramp and picnic grounds available for their exclusive use. In addition to the ramp and picnic area, there’s a 29 slip marina suitable for boats up to 30’ in length. These docks can only be owned (or leased) by members in good standing within the Rocky Point Estates HOA community. Individuals within Rocky Point Estates have the option to sell or trade docks within the community.

This boat ramp and the docks are in a highly desirable location that’s only about a mile or so from the open waters of the Atlantic Ocean through the Saint Lucie Inlet. Fisherman in this community love the fact that they can be casting their lines in deep water just minutes after leaving the dock or ramp.

There are just over 170 homes belonging to the association. Homes were first built in this community in 1959 and the latest home was just completed in 2014. Homes are of all styles and sizes ranging from 5 bedroom, 4 bathroom home on almost a half-acre down to under 1,000 sq. ft., 2 bedroom, 1 bathroom homes on under a quarter of an acre lots.

Children residing in Rocky Point Estates attend the Martin County School District with current assignments to Port Salerno Elementary, Murray Middle and South Fork High Schools. Residents are also close to a number of wonderful restaurants and first class medical facilities.

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Rocky Point Estates January 2016 Market Report

Tres Belle August 2015 Market Report

August 2015 Market Update:

There are 7 homes currently for sale in the Tres Belle subdivision of Stuart FL. Listing prices are from $579,900 to $1,067,183 for an average list price of $774,840 and works out to $201.60 per sq. ft. of living area. A number of these homes are new construction from Kolter Homes. Those interested, please ask about our new home buyer rebate program.

There are currently 2 homes under contract with list prices of $550,0000 and $649,900 for an average list price for these pending sales of $599,950 or $171.46 per sq. ft. of living area.

21 homes have sold in the past 12 months. Ranging in sales price from $480,000 to $765,714. The average sales price was $615,657 which comes out to $183.52 per sq. ft. of living area. These homes sold on average of 122 days on market days with sales prices at 98% of list price.

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2015). Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails. Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy. Martin Memorial Hospital South is only a few minutes away. A consistently highly rated medical facility. For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

For boaters, there are an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.