Stuart FL 34996 Residential Market Report February 2019

Stuart FL 34996 Residential Market Report February 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2019

For February 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 171 active listings (Decreased by 3 homes from January).

Stuart FL 34996 Residential Market Report February 2019

39 Residential sales are pending and awaiting close (Down by 4 homes from January).

Stuart FL 34996 Residential Market Report February 2019

21 Homes Sold in February (Up by 11 homes from January).

Stuart FL 34996 Residential Market Report February 2019

The 34996 zip code area of the Stuart Florida had a nice jump in closed sales.  Unfortunately, both pending sales and inventory dropped from last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February rose to 8.1 months as compared to October’s 17.4 months.  Still a buyer’s market for the 34996 zip code area of Stuart FL but driting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February 2018 were: 130 active listings, 56 pending sales, and 14 closed sales.  There is increased sales volume this year but also less pending activity and a greater inventory of homes for sale.

Stuart FL 34996 Residential Market Report February 2019

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Click on this link and fill out the form for an accurate personal evaluation

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report February 2019

Tesoro Club March 2019 Real Estate Market Report

Tesoro Club March 2019 Real Estate Market Report

There are currently 18 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $329,000 up to $1,525,000 for an average list price of $709,000 or $186.88 per sq. ft. of living area.

There are 4 homes currently under contract in the Tesoro Club.  List prices were from $550,000 up to $725,000.  This is an average list price of $667,250 which works out to $169.06 per sq. ft. of living area.  These homes were on the market for an average of 118 days before going under contract.

In the past 12 months, there have been 13 sales in the Tesoro Club.  Sales prices ranged from a low of $220,000 up to $1,400,000.  This works out to an average sales price of $634,170 which equals $165.88 per sq. ft. pf living area.  These homes sold at an average of 91% of list price and were on the market for an average 136 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

Tesoro real estate in Port St Lucie FL

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro real estate in Port St Lucie FL

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake.  This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro real estate in Port St Lucie FL

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro real estate in Port St Lucie FL

For those needing more pampering, there’s a full service spa and salon on premises.  And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro real estate in Port St Lucie FL

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

Tesoro real estate in Port St Lucie FL

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club March 2019 Real Estate Market Report

Palm City FL 34990 Condo Market Report February 2019

Palm City FL 34990 Condo Market Report February 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2019

For February 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 90 active condo listings. (Decreased by 14 condos from January)

Palm City FL 34990 Condo Market Report February 2019

19 Condo sales are pending and awaiting close or lender approval. (Up by 12 condos from last month)

Palm City FL 34990 Condo Market Report February 2019

4 Condos Sold in February. (Unchanged from January)

Palm City FL 34990 Condo Market Report February 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.

The current absorption rate for condos in the 34990 zip is 22.5 months (was 26 months in January).  An extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The February 2018 numbers were: 103 active listings, 10 pending sales, and 4 closed sales.  The same number of sales while a big increase in pending sale for this year on a reduced inventory.
Palm City FL 34990 Condo Market Report February 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report February 2019

Palm City FL 34990 Residential Market Report February 2019

Palm City FL 34990 Residential Market Report February 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2019

For February 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 402 active listings (Up by 11 homes from January)

Palm City FL 34990 Residential Market Report February 2019

147 Residential sales are pending (Up by 26 homes from last month)

Palm City FL 34990 Residential Market Report February 2019

52 Homes Sold in September (Ip by 5 homes from January)

Palm City FL 34990 Residential Market Report February 2019

The Palm City FL, zip code 34990 residential real estate market showed strong results for February with solid increases in both pending and closed sales.
The monthly absorption rate decreased to 7.7 months from 8.3 months in January.  Remaining in a buyer’s market for the Palm City zip code 34990 area for residential sales but drifting towards a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2018 numbers were:  415 active listings, 144 pending sales, and 55 closed sales.  Very similar activity and inventory as last year.

Palm City FL 34990 Residential Market Report February 2019

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

 Search here for Palm City Florida Real Estate for Sale:

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

Palm City FL 34990 Residential Market Report February 2019

Banyan House Condos Stuart FL March 2019 Market Report

Banyan House Condos Stuart FL March 2019 Market Report

There is currently 1 condo for sale in the Banyan House condos in Stuart FL.  This condo is listed for $189,900 which is $138.61 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only 2 condos have sold in the Banyan House.  The sales prices were $121,000 and $184,900.  This is an average sale price of $152,950 or $111.64 per sq. ft. of living area.  These condos averaged 29 days on the market before going under contract and they sold for an average of 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL March 2019 Market Report