Stuart Florida 34994 Residential Market Report October 2019

Stuart Florida 34994 Residential Market Report October 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2019

For September 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 75 active listings (Down by 15 homes from September)

Stuart Florida 34994 Residential Market Report October 2019

37 Residential sales are pending and awaiting close or lender approval (Increased by 8 homes from last month).

Stuart Florida 34994 Residential Market Report October 2019

16 Homes Sold in October (Increased by 4 homes from September)

Stuart Florida 34994 Residential Market Report October 2019

The residential real estate market for the 34994 ZIP code area of Stuart, Florida showed strong results for October with both pending and closed sales increasing.

The one-month absorption rate for the 34994 zip code for October plunged to 4.7 months from 7.7 months for September.  Back, once again, into a seller’s market for the 34994 zip code area of Stuart, FL.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer has an advantage.

The October 2018 numbers were 85 Active Listings, 18 pending sales, and 15 closed sales.  Considerably better activity this year.  Especially when factoring in the lower inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report October 2019

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Click here for previous Stuart Florida 34994 Residential Market Reports

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

Stuart Florida 34994 Residential Real Estate Market Report October 2019

Martin County Townhouses and Condos 2019 3’rd Quarter Report

Martin County Townhouses and Condos 2019 3’rd Quarter Report

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Florida Realtors for the 3’rd Quarter 2019.

Martin County Townhouses and Condos 2019 3'rd Quarter Report

The Martin County townhouse and condo market had weaker sales activity when compared to last year in the third quarter of 2018.  Prices were also off slightly from last year.  The inventory of available properties has improved from last year.

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

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2019 3’rd Quarter Report

Martin County Single Family Homes 2019 3’rd Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtors.

Martin County Single Family Homes 2019 3'rd Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the third quarter of 2018, last year.   Prices were also higher than this period last year with some very impressive gains.

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

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2019 3’rd Quarter Report

Legacy Cove Stuart FL November 2019 Market Report

Legacy Cove Stuart FL November 2019 Market Report

There are currently 5 homes available for sale in Legacy Cove in Stuart, FL.  List prices range from $399,900 up to $635,000.  This is an average list price of $496,580 which works out to $169.70 per sq. ft. of living area.

There are 2 Legacy Cove homes currently under contract awaiting settlement.  They were listed for $445,000 and $555,000.  For an average list price of $500,000 or $192.86 per sq. ft. of living area.  These homes were on the market for an average of 36 days before going under contract.

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $332,500 up to $545,000. This is an average sales price of $413,300 which works out to $181.84 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 76 days after going on the market.

Click here to view the previous Legacy Cove market reports

About Legacy Cove in Stuart FL:

Legacy Cove in Stuart FL

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

Legacy Cove in Stuart FL

There’s a wide variety of homes in Legacy Cove, ranging from the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two-story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove in Stuart FL

Legacy Cove boasts a community pool and clubhouse with a fitness center as well as two hard-surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove in Stuart FL

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school, and Martin County high school.

Legacy Cove in Stuart FL

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

Residents of Legacy Cove in Stuart FL enjoy a relaxing lifestyle with easy access to restaurants, shopping, and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

Legacy Cove in Stuart FL

For any questions you November have about Legacy Cove Stuart FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Legacy Cove Stuart FL November 2019 Market Report

 

Martin County Townhouses and Condos September 2019 Market Report

Martin County Townhouses and Condos September 2019 Market Report

The Martin County Townhouses and Condos September Market Report had mixed sales activity when compared to last year.  Closed sales for the month were down by 17.8%.  They were up by 1.2% in August.  While new sales under contract (new pending sales) were up by 17.5% from September 2018.  They decreased by 19.6% in August.

Prices were up significantly for September.  The median sales price increased by 16.8% (was down by 11.7% in August) while the average sales price increased by 29.0% (was down by 19.1% in August).

The inventory of available townhouses and condos decreased by 25 units to 335 properties.  This is a 3.2% smaller inventory then we had for in September 2018.  Currently, there’s a 3.7 month supply of inventory (compared to 3.0 months for September 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos September 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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.

Martin County Townhouses and Condos September 2019 Market Report