Stuart FL 34997 Condo Market Report July 2019

Stuart FL 34997 Condo Market Report July 2019

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

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

There are currently 44 active condo listings (Down by 12 condos from June).

Stuart FL 34997 Condo Market Report July 2019

20 Condo sales are pending and awaiting close (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

16 Condos Sold in July (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

      The Stuart FL condo market for zip code 34997 picked up considerably from last month and is a very active condo real estate market.

     The absorption rate plunged to 2.8 months in July compared to 5.1 months for June.  Back into a very strong 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 July 2018 numbers were: 44 active listings, 21 pending sales, and 17 closed sales.  Very similar to the July 2018 condo activity for the 34997 zip code area of Martin County.

Stuart FL 34997 Condo Market Report July 2019

Stuart Florida Real Estate presented by:
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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 July 2019

Foxwood August 2019 Real Estate Market Update

Foxwood August 2019 Real Estate Market Update

The Foxwood August 2019 Real Estate Market Update shows 1 home on the market.  Thw list price is $545,000 or $203.59 per sq. ft. of living area.

There is also 1 home currently under contract.  This home was listed for $525,000 which is $196.12 per sq. ft. of living area.  This home was on the market for 4 days before going under contract.

In the past 12 months, there were a total of 5 homes sold in this sought after Stuart community.  Sales prices ranged from $350,000 up to $590,000.  This works out to an average sales price of $467,300 which equals $155.75 per sq. ft. of living area.  These sales took an average of 64 days on the market before going under contract andsold for 92% of the list price.

About Foxwood Equestrian Community in Stuart FL:

Foxwood Equestrian in Stuart FL

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Equestrian in Stuart FL

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Foxwood Equestrian in Stuart FL

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood Equestrian in Stuart FL

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

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For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood August 2019 Real Estate Market Update

 

Stuart Florida 34994 Residential Market Report July 2019

Stuart Florida 34994 Residential Market Report July 2019

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

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

There are currently 89 active listings (Up by 3 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

17 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

Stuart Florida 34994 Residential Market Report July 2019

16 Homes Sold in July (Decreased by 11 homes from June)

Stuart Florida 34994 Residential Market Report July 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed much weaker activity for July as compared to the last few months.  Both pending and closed sales were down by considerable numbers.

The one-month absorption rate for the 34994 zip code for July jumped to 5.6 months from 3.2 months for June.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL, but approaching a balanced one.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2018 numbers were 71 Active Listings, 30 pending sales, and 21 closed sales.  Much better activity last year than for July 2019.

Stuart Florida 34994 Residential Market Report July 2019

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

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 July 2019

Kingswood Condo August 2019 Market Report

Kingswood Condo August 2019 Market Report

August 2019 Market Report:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $94,500 up to $129,900.  This is an average list price of $108,183 which equals $98.47 per sq. ft. of living area.

There are currently 4 condos under contract with list prices ranging from $90,000 up to $135,000.  This works out to an average list price for these pending sales of $113,200 or $97.37 per sq. ft. of living area.  These condos averaged 78 days on the market before going under contract.

32 condos have sold in the past 12 months.  Sales prices ranged from $59,900 up to $155,000.  The average sales price was $112,962 which works out to $102.67 per sq. ft. of living area.  These condos averaged 56 days on market before going under contract and with sales prices at 96% of list price.

About Kingswood Condos in Stuart FL:

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condos in Stuart FL

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Kingswood Condo August 2019 Market Report

Search here for all available Kingswood Condos for Sale

Kingswood Condos for Sale

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Kingswood Condo August 2019 Market Report

VilaBella Town-Home Condos in Stuart FL August 2019 Market Report

VilaBella Town-Home Condos in Stuart FL August 2019 Market Report


For August 2019, there are no townhomes for sale in VilaBella.

There are no pending sales currently in Vilabella

In the past 12 months, only 1 VilaBella townhome has sold. The sales price was $191,000 or $118.86 per sq. ft. of living area.  This home sold for 101% of list price and was on the marlet for 146 days before going under contract.

About Vilabella in Stuart FL:

VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos

 Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two-level) units with 1,607 sq. ft. of living area down to 2 Bedroom, 2 Bath townhomes with 1,072 sq. ft. of living area.  All Vilabella townhomes come with a single car garage.  There is also a community pool for the residents’ enjoyment.

VilaBella Town Home Condos in Stuart, FloridaVilabella townhomes are very conveniently located off SE Central Parkway with easy access to Kanner Highway as well as US-1.  Very easy access to shopping, restaurants and downtown Stuart.  Also, an excellent location for those wishing to access I-95 and commute to points both North and South.

VilaBella Town Home Condos in Stuart, Florida2 large pets are permitted.  The HOA fees vary from $295.00 to $316.00 a month depending on the size and location of the unit.  Since these units are deeded as condos, these fees cover insurance and exterior maintenance as well as common area fees, management, cable TV, pest control, recreational facilities, etc.

Search here for Vilabella Townhomes for Sale

VilaBella Town-Home Condos in Stuart FL August 2019 Market Report

 

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