Legacy Cove Stuart FL May 2019 Market Report

There are currently 6 homes available for sale in Legacy Cove in Stuart, FL. List prices range from $335,000 up to $645,000. This is an average list price of $461,800 which works out to $178.18 per sq. ft. of liv

ing area.

There are 3 Legacy Cove homes currently under contract awaiting settlement. List prices range from $404,000 up to $555,000. For an average list price of $454,667or $178.18 per sq. ft. of living area. These homes were on the market for an average of 64 days before going under contract.

In the past 12 months, 8 homes have sold in Legacy Cove with sales prices ranging from $335,000 up to $625,000. This is an average sales price of $420,313 which works out to $172.18 per sq. ft. of living area. These sales averaged 98% of list price and went under contract in an average of 59 days after going on the market.

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.

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 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 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.

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

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

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 May 2019 Market Report

Hobe Sound FL 33455 Residential Market Report March 2019

04.29.19 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report March 2019

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

For March 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 236 active listings. (Down by 20 homes from February)

93 Residential sales are pending and awaiting close (Up by 27 homes from February)

35 Homes Sold in March (Down by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice big jump in pending sales which should translate to strong sales in the coming months. Unfortunately, closed sales were down slightly and there was a sizeable drop in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 6.7 months (It was 6.6 months in February). Remaining in a balanced market for Hobe Sound residential real estate for a second month. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2018 were: 194 active listings, 105 pending sales, and 45 closed sales. Better all around activity last year with less inventory of available Hobe Sound homes for sale.

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Hobe Sound FL 33455 Residential Market Report March 2019

Stuart FL 34997 Residential Market Report March 2019

04.25.19 by Gabe Sanders

Stuart FL 34997 Residential Market Report March 2019

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

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

There are currently 339 active listings (Decreased by 22 homes from February).

197 Residential sales are pending and awaiting close or lender approval (Up by 31 homes from February).

89 Homes Sold in March (Increased by 12 homes from February)

The Stuart Florida Residential Market for ZIP Code 34997 is once again leading Martin County segments as the most active segment for sales. Both closed and pending sales rose and remain very strong.

The absorption rate dipped to 3.8 months (was 4.7 months for February). Back into a pretty extreme seller’s market for the 34997 zip code area of Stuart for March 2019. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.

The 2018 numbers for March, were: 297 active listings, 164 pending listings, and 92 closed sales. Slightly stronger closed sales volume last year but better pending numbers for this year.

Stuart FL 34997 Residential Market Report March 2019

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Stuart FL 34997 Residential Market Report March 2019

Jensen Beach FL 34957 Residential Market Report March 2019

04.23.19 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report March 2019

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

For March 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

There are currently 230 active listings. (Down by 21 home from last month)

92 Residential sales are pending and awaiting close or lender approval. (Increased by 37 home from February)

40 Homes Sold (Increased by 11 homes from February)

The Jensen Beach FL 34957 Residential Market rebounded very strongly from weaker winter activity with strong increases in both pending and closed sales.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.8 months ( was 8.7 months in February). Back into a seller’s market for Jensen Beach homes. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The March 2018 numbers were: 186 active listings, 93 pending sales, and 34 home sales closed. A very similar volume of sales and pending sales to last year, but this is with an increased inventory of Jensen Beach homes for sale.

Jensen Beach FL 34957 Residential Market Report March 2019

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Jensen Beach FL 34957 Residential Market Report March 2019

Stuart FL 34996 Residential Market Report March 2019

04.19.19 by Gabe Sanders

Stuart FL 34996 Residential Market Report March 2019

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

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

There are currently 163 active listings (Decreased by 8 homes from February).

49 Residential sales are pending and awaiting close (Up by 10 homes from February).

18 Homes Sold in March (Down by 3 homes from February).

The 34996 zip code area of the Stuart Florida had a nice jump in pending sales. Unfortunately, closed sales were down compared to last month while the inventory stayed fairly steady.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March rose to 9.1 months as compared to the 8.1 months for last month. Remaining in a buyer’s market for the 34996 zip code area of Stuart FL. A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for March 2018 were: 133 active listings, 48 pending sales, and 29 closed sales. Better closed sales numbers for last year. A slightly higher number of pending sales this year, but this is also with a considerably greater number of available homes for sale (inventory).

Stuart FL 34996 Residential Market Report March 2019

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Stuart FL 34996 Residential Market Report March 2019

Palm City FL 34990 Residential Market Report March 2019

04.17.19 by Gabe Sanders

Palm City FL 34990 Residential Market Report March 2019

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

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

There are currently 386 active listings (Down by 16 homes from February)

150 Residential sales are pending (Up by 3 homes from last month)

87 Homes Sold in September (Up by 25 homes from February)

The Palm City FL, zip code 34990 residential real estate market rebounded with very strong increases in sales and pending sales compared to the last two months.

The monthly absorption rate plunged to 4.4 months from 7.7 months in February. Back into a strong seller’s market for the Palm City zip code 34990 area. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2018 numbers were: 391 active listings, 171 pending sales, and 81 closed sales. Slightly greater closed sales this year and slightly less pending sales on similar inventory numbers.

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report March 2019

Stuart Florida 34994 Residential Market Report March 2019

04.15.19 by Gabe Sanders

Stuart Florida 34994 Residential Market Report March 2019

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

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

There are currently 90 active listings (Down by 3 homes from February)

38 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).

19 Homes Sold in May (Increased by 5 homes from February)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed stronger activity when compared to last month along with a small drop in inventory.

The one-month absorption rate for the 34994 zip code for February dropped to 4.7 months from 6.6 months for February. Transitioning back into a seller’s market t for the 34994 zip code area of Stuart, FL after one month as a balanced market and another in a buyer’s market. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2018 numbers were 75 Active Listings, 34 pending sales, and 27 closed sales. Stronger sales activity last year on less inventory.

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Search here for homes for sale in the 34994 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
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Search here for Stuart Florida Real Estate for Sale

Stuart Florida 34994 Residential Real Estate Market Report March 2019

Sewalls Point Single Family Market Report March 2019

04.12.19 by Gabe Sanders

Sewalls Point Single Family Market Report March 2019

Sewalls Point Real Estate Snapshot, Residential Sales for March 2019

There are currently 72 active listings (Down by 8 homes from last month)

16 home sales are pending and awaiting close or lender approval (Up by 6 homes from February)

7 Homes sold in February (Increased by 2 homes from February)

The single-family real estate market in Sewalls Point is had better activity than last month but still in a buyers market for March 2019.

The absorption rate dropped to 10.3 months, in February it was 16.0 months. Remaining in a buyers market for Sewalls Point FL but heading towards a balanced market. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to March 2018, the inventory was 66 homes on the market, 21 pending sales and there were 9 closed sales. Stronger closed and pending activity last year with less inventory.

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
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Sewalls Point Single Family Market Report March 2019

Hobe Sound FL 33455 Residential Market Report February 2019

04.02.19 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report February 2019

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

For February 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 256 active listings. (Up by 10 homes from January)

66 Residential sales are pending and awaiting close (Up by 3 homes from January)

39 Homes Sold in February (Up by 13 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales after a weak January. Though the inventory is increasing and sales appear not to be keeping pace with them at this time.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.6 months (It was 9.5 months in January). Returning into a balanced market for Hobe Sound residential real estate after one month as a buyer’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 February 2018 were: 207 active listings, 80 pending sales, and 41 closed sales. Slightly better sales activity last year, but also with a reduced number of homes for sale as compared to now. With, that considered much better activity last year.

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Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report February 2019

Stuart FL 34997 Residential Market Report February 2019

03.29.19 by Gabe Sanders

Stuart FL 34997 Residential Market Report February 2019

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

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

There are currently 361 active listings (Increased by 13 homes from January).

166 Residential sales are pending and awaiting close or lender approval (Up by 8 homes from January).

77 Homes Sold in February (Increased by 25 homes from January)

The Stuart Florida Residential Market for ZIP Code 34997 regained its momentum of closed sales after a weak January. Though, pending sales, while strong may not be enough to keep up with the increases in inventory.

The absorption rate rose to 4.7 months (was 6.7 months for January). Back into a seller’s market for the 34997 zip code area of Stuart for February 2019 after one month of a balanced market. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.

The 2018 numbers for February, were: 307 active listings, 155 pending listings, and 65 closed sales. A greater number of closed sales this year when compared to last year. Pending sales were not quite as strong as last year and there is a considerably larger inventory of available homes for sale.

Stuart FL 34997 Residential Market Report February 2019

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report February 2019

Jensen Beach FL 34957 Residential Market Report February 2019

03.27.19 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report February 2019

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

For February 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

There are currently 251 active listings. (Up by 30 home from last month)

55 Residential sales are pending and awaiting close or lender approval. (Increased by 1 home from January)

29 Homes Sold (Decreased by 3 homes from January)

The Jensen Beach FL 34957 Residential Market has shown increasing inventory and increasing sales, though the pace of sales is not keeping up with the increasing number of homes for sale.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.7 months ( was 8.5 months in January). Remaining in a buyer’s market for Jensen Beach homes. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The February 2018 numbers were: 193 active listings, 74 pending sales, and 40 home sales closed. Much better sales activity last year. Inventory has grown appreciably and sales are not keeping up.

Jensen Beach FL 34957 Residential Market Report February 2019

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Residential Properties

- - Residential Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000
- - Residential Properties for Sale in Jensen-Beach, Florida Between $500,000 – $1,000,000
- - Residential Properties for Sale in Jensen-Beach, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Jensen-Beach, Florida Between $2,000,000 – $2,500,000

Land Properties

- - Land Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000
- - Land Properties for Sale in Jensen-Beach, Florida Between $500,000 – $1,000,000
- Land Properties for Sale in Jensen-Beach, Florida Between $1,000,000 – $1,500,000

Rental Properties

- Rental Properties for Rent in Jensen-Beach, Florida Between $0 – $500,000

Commercial Properties

- Commercial Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000

Residential Income Properties

Residential Income Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000

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

Jensen Beach FL 34957 Residential Market Report February 2019

Stuart FL 34996 Residential Market Report February 2019

03.25.19 by Gabe Sanders

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).

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

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

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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Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report February 2019

Palm City FL 34990 Residential Market Report February 2019

03.21.19 by Gabe Sanders

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)

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

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

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.

Are you interested in the value of your Palm City FL home?
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