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.

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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 November 2019 Market Report

 

River Pines November 2019 Market Report

River Pines November 2019 Market Report

For May 2019, there are 3 active listings of River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $130,000 up to $199,975.  This is an average list price of $162,992 or $126.55 per sq. ft. of living area.

There are 3 River Pines townhouses under contract and awaiting sale.  The list prices ranged from $159,000 up to $198,500.  This is an average list price of $175,500 which is $136.26 per sq. ft. of living area.  These homes were on the market for an average of 33 days prior to going under contract.

In the past 12 months, 21 townhouses have sold in River Pines with sales prices ranging from $120,500 up to $189,900.  This works out to an average sales price of $164,038 which equals $127.36 per sq. ft. of living area.  These townhomes were on the market for an average of 47 days prior to going under contract and sold for an average of 98% of the list price.

Click here to view the previous River Pines market reports

About River Pines in Stuart FL:River Pines Townhomes

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts, and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines in Stuart FL

As of May 2019, HOA fees were $167 per month.

River Pines in Stuart FL

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River Pines November 2019 Market Report

Conquistador Condo Building 12 Suite 101 Under Contract

Conquistador Condo Building 12 Suite 101 Under Contract

And, yet another Conquistador Condo is under contract and awaiting closing with buyers courtesy of the Gabe Sanders Stuart Real Estate Team.  This condo was offered for sale for $180,000.

Conquistador Condos in Stuart FL

Exceptionally well-maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2-acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door.

Conquistador Condos in Stuart FL

An updated 2 BR, 2 BA home with granite counters and resilient flooring.  Third floor (top floor) in an elevator building with lovely courtyard and pool views. Washer and dryer in the unit.  Wood flooring and updated appliances. Close to historic downtown Stuart, restaurants, shopping, boating, and our beaches.

Conquistador Condos in Stuart FL

About Conquistador Condos and Homes:

Conquistador Condos in Stuart FL

Conquistador is the prime senior location in Stuart Florida.  A wonderful location on the shores of the wide Saint Lucie River.  Only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course.  Also, there is easy access to shopping, restaurants, medical facilities.

 Conquistador Condo Building 4 Suite 308 Under Contact

This community is a mix of single-family homes (the estates’ section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

Conquistador Condo Building 4 Suite 308 Under Contact

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

 

Conquistador Condo Building 4 Suite 308 Under Contact

Search for available Condos in Conquistador

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 For any questions, you may have about Conquistador Homes and Condos in Stuart, Florida, 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

Conquistador Condo Building 12 Suite 101 Under Contract

Stuart FL 34997 Condo Market Report September 2019

Stuart FL 34997 Condo Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2019

There are currently 40 active condo listings (Down by 8 condos from August).

Stuart FL 34997 Condo Market Report September 2019

21 Condo sales are pending and awaiting close (Up by 1 condo from August).

Stuart FL 34997 Condo Market Report September 2019

11 Condos Sold in September (Up by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2019

      The Stuart FL condo market for zip code 34997 remains quite active and is one of the strongest performers in the Stuart condo market.  Sales and pending sales both rose this month while the inventory declined.

     The absorption rate dropped to 3.6 months in September compared to 6.9 months for August.  Transitioning back into a seller’s market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The September 2018 numbers were: 42 active listings, 16 pending sales, and 16 closed sales.  Stronersales volume last year, though this is still a very hot segment of the Stuart condo market.

Stuart FL 34997 Condo Market Report September 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Stuart FL 34997 Condo 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 Condo Market Report September 2019

Stuart Florida 34994 Residential Market Report September 2019

Stuart Florida 34994 Residential Market Report September 2019

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

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

There are currently 92 active listings (Up by 5 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report September 2019

12 Homes Sold in September (Increased by 8 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded from a pretty weak August with much better activity for September.

The one-month absorption rate for the 34994 zip code for September plunged to 7.7 months from 21.8 months for August.  Moving towards a more balanced market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2018 numbers were 72 Active Listings, 16 pending sales, and 17 closed sales.  There was less inventory of available homes for sale last year.  Yet, closed sales were greater.  This year, our pending sales look stronger which should result in greater closed sales in the coming months.

Stuart Florida 34994 Residential Market Report September 2019

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Stuart Florida Real Estate presented by:
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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 September 2019