Legacy Cove Stuart FL May 2020 Market Report

Legacy Cove Stuart FL May 2020 Market Report

There are currently 4 homes available for sale in Legacy Cove in Stuart, FL.  List prices range from $429,900 up to $519,000.  This is an average list price of $473,447 which works out to $171.39 per sq. ft. of living area.

There are 3 Legacy Cove homes currently under contract awaiting settlement.  List prices ranged from $364,900 up to $445,000.  This is an average list price of $391,633 or $172.09 per sq. ft. of living area.  These homes were on the market for an average of 115 days before going under contract.

In the past 12 months, 9 homes have sold in Legacy Cove. The sales prices ranged from $332,500 up to $545,000. This is an average sales price of $444,611 which works out to $187.43 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 71 days after going on the market.

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About 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.

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Legacy Cove in Stuart FL

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.

Legacy Cove Stuart FL May 2020 Market Report

Hobe Sound FL 33455 Residential Market Report October 2019

Hobe Sound FL 33455 Residential Market Report October 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2019

There are currently 172 active listings. (Down by 6 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2019

73 Residential sales are pending and awaiting close  (Up by 1 home from September)

Hobe Sound FL 33455 Residential Market Report October 2019

49 Homes Sold in October (Up by 9 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had an active October with more closed sales than the previous month.  The pending sales remain quite strong as well.

The current absorption rate for the Hobe Sound residential market dropped to 3.5 months (It was 4.5 months in September).  Remaining as a seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2018 were: 194 active listings, 49 pending sales, and 52 closed sales.  With a smaller inventory of available homes for sale, sales were the same and pending sales were greater than last year.

Hobe Sound FL 33455 Residential Market Report October 2019

Click here to view the previous Hobe Sound condo market reports

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

Click here to view previous Hobe Sound FL 33455 Residential Market Reports

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

Hobe Sound FL 33455 Residential Market Report October 2019

Stuart FL 34997 Residential Market Report October 2019

Stuart FL 34997 Residential Market Report October 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2019

For October 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 273 active listings (Increased by 18 homes from September).

Stuart FL 34997 Residential Market Report October 2019 

133 Residential sales are pending and awaiting close or lender approval (Down by 31 homes from September). 

Stuart FL 34997 Residential Market Report October 2019 

100 Homes Sold in October (Increased by 39 homes from September)

Stuart FL 34997 Residential Market Report October 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  Our results were quite impressive for October with very strong closed sales numbers.  We did show a decrease in pending sales, but these are still strong results.
     The absorption rate plunged to 2.7 months (was 4.2 months for September).  We remain in an extreme seller’s market for the 34997 zip code area of Stuart for October 2019.  A typical balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for October, were: 316 active listings, 123 pending listings, and 63 closed sales.  This is a considerably stronger sales and pending sales figures on a smaller inventory this year.  We are showing very impressive results for this segment of the Stuart FL real estate market.
Stuart FL 34997 Residential Market Report October 2019

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

Search here for homes for sale in the 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

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

Click here to view previous Stuart FL 34997 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 FL 34997 Residential Market Report October 2019

Jensen Beach FL 34957 Residential Market Report October 2019

Jensen Beach FL 34957 Residential Market Report October 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2019

 There are currently 210 active listings. (Up by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2019

70 Residential sales are pending and awaiting close or lender approval. (Increased by 13 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2019

33 Homes Sold (Down by 5 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2019

The Jensen Beach FL 34957 Residential Market had both the inventory and pending sales rise for October.  While the number of closed sales dropped slightly.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.4 months ( was 5.1 months in September).  Transitioning into a balanced market for Jensen Beach homes for the first time in quite a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or the buyer.
The October 2018 numbers were: 181 active listings, 47 pending sales, and 40 home sales closed.  There was better activity last year even with a significantly lower inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Click here to view previous Jensen Beach FL 34957 Residential Market Report

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

Jensen Beach FL 34957 Residential Market Report October 2019

Stuart FL 34996 Residential Market Report October 2019

Stuart FL 34996 Residential Market Report October 2019

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

There are currently 118 active listings (Decreased by 7 homes from September).

Stuart FL 34996 Residential Market Report October 2019

23 Residential sales are pending and awaiting close (Up by 2 homes from September).

Stuart FL 34996 Residential Market Report October 2019

11 Homes Sold in October (Down by 6 homes from September).

Stuart FL 34996 Residential Market Report October 2019

The 34996 zip code area of the Stuart Florida residential real estate had a lower number of closed sales from last month.  The inventory of available homes for sale also continues to decrease.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for October jumped up to 10.7 months as compared to 7.4 months for last month.  Now, transitioning into a buyer’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for October 2018 were: 158 active listings, 21 pending sales, and 14 closed sales.  A greater number of sales last year.  But, this was also with a considerably greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report October 2019

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

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Click here for previous Stuart FL 34996 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 FL 34996 Residential Market Report October 2019