Southwood Real Estate Market Report September 2017
For September 2017 there is only 1 home for sale in the Southwood community of Stuart, FL. This home is priced for $449,900 which equals $203.02 per sq. ft. of living area.
There are 3 homes under contract. These homes were listed with prices from $350,000 up to $419,000 for an average list price of $380,333 or $193.78 per sq. ft. of living area. These homes averaged 23 days on the market before going under contract.
In the past 12 months, 9 homes have sold in the Southwood subdivision of Stuart. The sales prices ranged from $312,500 up to $425,000 for an average sales price of $359,833 which works out to $167.57 per sq. ft. of living area. These homes went under contract in an average of 90 days and sold for 97% of the last list price.
About Southwood in Stuart, FL:
Southwood is a small community of 115 home sites located just south east of Salerno Rd on Kanner Highway in Stuart FL. This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95. It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd and also just minutes to Martin Memorial South Hospital. Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.
Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools. All great schools. Click on the above links for more information about each school.
One enters the Southwood subdivision through a long private drive. Currently this community is not gated, yet offers the utmost in privacy and safety. The homes were built from 1990 to 2001 and are all individual styles from various builders. This is not a cookie cutter community. Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.
There are a number of ponds and creeks throughout Southwood and this community is mostly surrounded by either preserve lands or acreage. There is no community pool or clubhouse so the HOA fees are a very reasonable $285 a quarter as of this writing and include trash and basic cable TV. Though there are some magnificent nature trails through thepreserve areas.
Southwood is a gem of a neighborhood and is little known to many Martin County residents. There is very low turnover in this community so, if you’re interested let us know and we can put you on a listing alert notification for this community.
Click here to see if any Southwood Homes are currently available
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