Coral Lakes May 2021 Market Report

Coral Lakes May 2021 Market Report

For May 2021 there is only 1 home available for sale in Coral Lakes in Stuart FL.  The list price is $689,900 o $221.41 per sq. ft. of living area.

There is also 1 home currently under contract in Coral Lakes. The list price was $699,000 which works out to $245.61 per sq. ft. of living area. This home was on the market for 41 days before going under contract.

7 homes have sold in the past 12 months in Coral Lakes.  These homes sold for prices ranging from $345,000 up to $550,000.  This equals an average sales price of $456,700 which works out to $200.26 per sq. ft. of living area. These homes were on the market for an average of 49 days before going under contract and sold for 99% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2019).  Many homes have private pools in these spacious single family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

Recent Market Report Posts:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Coral Lakes May 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos market had very impressive real estate activity when compared to last year. Closed sales were up by 130.9% as compared to last month’s increase of 52.6%.  New sales under contract (new pending sales) increased by 208.8% (In March there was a 126.4% increase).

Prices were also up for April.  The median sales price was up by 19.6% (was up by 15.2% in March). While the average sales price increased by 39.9% (was up 23.8% in March).

The inventory of active listings decreased by 50.3% from April of last year.  This results in 2.3 months of inventory as compared to 5.7 months for April 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos April 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Recent Florida Market Report Posts:

Florida Townhouses and Condos April 2021 Market Report

Martin County Townhouses and Condos 2021 1st Quarter Report

Martin County Townhouses and Condos 2021 1st Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2021 1st Quarter Report

Both sales volume, as well as prices, showed increases in the first quarter of 2021 when compared to the same period last year.  We are in a very positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Recent Market Report Posts:

Martin County Townhouses and Condos 2021 1st Quarter Report

Florida Townhouses and Condos 2021 1st Quarter Report

Florida Townhouses and Condos 2021 1st Quarter Report

Click the image below to view the 2021 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 1st Quarter Report

Both sales volume, as well as prices, showed increases in the 1st quarter of 2021 when compared to the same period last year.  So, we remain in a positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Recent Market Report Posts:

Florida Townhouses and Condos 2021 1st Quarter Report

Florida Single Family Homes 2021 1st Quarter Report

Florida Single Family Homes 2021 1st Quarter Report

Click the image below to view the full details of the 2021 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 1st Quarter Report

For the 1st quarter of 2021, Florida single-family homes continue to show improved activity when compared to last year.  Both sales and prices had improved results. Currently, the biggest issue is a very low inventory of available homes for sale.

To view, the full report click the image above or this link.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Recent Market Report Posts:

Florida Single Family Homes 2021 1st Quarter Report