Stuart FL 34997 Condo Market Report July 2018

Stuart FL 34997 Condo Market Report July 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2018

For July 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 6 condos from June).

Stuart FL 34997 Condo Market Report July 2018

21 Condo sales are pending and awaiting close (Down by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2018

17 Condos Sold in July (Decreased by 1 condos from June).

Stuart FL 34997 Condo Market Report July 2018

      The Stuart FL condo market for zip code 34997 is still a very strong market, but the inventory of available condos has now shrunk to unprecedented low levels.

     The absorption rate inched down to 2.6 months in July compared to 2.8 months for June.  Remaining as a strong seller’s market for 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 2017 numbers were: 61 active listings, 32 pending sales, and 25 closed sales.  Considerably better activity last year.

Stuart FL 34997 Condo Market Report July 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report July 2018

 

 

Kingswood Condo August 2018 Market Report

Kingswood Condo August 2018 Market Report

August 2018 Market Report:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $90,000 up to $159,000 for an average list price of $110,883 which equals $100.67 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $110,000 and $149,000 for an average list price for these pending sales of $129,500 or $104.78 per sq. ft. of living area.  These two condos averaged 11 days on the market before going under contract.

26 condos have sold in the past 12 months.  Ranging in sales price from $60,000 up to $156,000.  The average sales price was $101,177 which works out to $88.95 per sq. ft. of living area.  These condos sold on average of 106 days on market before going under contract and with sales prices at 95% 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 Condo August 2018 Market Report

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 vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Search here for all available Kingswood Condos for Sale

Kingswood Condos for Sale

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Stuart Florida Real Estate is presented by:
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Kingswood Condo August 2018 Market Report

Stuart Florida 34994 Residential Market Report July 2018

Stuart Florida 34994 Residential Market Report July 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2018

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

There are currently 71 active listings (Up by 2 homes from June)

Stuart Florida 34994 Residential Market Report June 2018

30 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

Stuart Florida 34994 Residential Market Report June 2018

21 Homes Sold in May (Increased by 4 homes from June)

Stuart Florida 34994 Residential Market Report June 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show very strong activity in single family real estate sales.

The one-month absorption rate for the 34994 zip code for July dipped to 3.4 months from 4.1 months for June.  Remaining in 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 have an advantage.

The July 2017 numbers were 79 Active Listings, 25 pending sales, and 12 closed sales.  Better all around activity this year with less inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report June 2018

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report July 2018

VilaBella Town-Home Condos in Stuart FL August 2018 Market Report

VilaBella Town-Home Condos in Stuart FL August 2018 Market Report


For August of 2018, there are no townhomes for sale in VilaBella.

There are also no pending sales currently in Vilabella

In the past 12 months, 8 townhomes have sold with sales prices ranging from $150,000 up to $201,000 with an average sales price of $173,350 which equals $132.85 per sq. ft. of living area.  These sales averaged 31 days on market before going under contract and sold at 96% of list price.

 

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 is 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 are $216 a month (as of July 2018).  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 2018 Market Report

 

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Summerfield Real Estate Market Report July 2018

Summerfield Real Estate Market Report July 2018

As of July 2018, there are 3 homes on the market in Summerfield ranging in listing price from $379,900 up to $517,500 for an average list price of $432,433 which equals $189.36 per square foot of living area.

There are 5 homes under contract (pending) awaiting their closing. Listing prices ranged from $374,800 up to $725,000 for an average list price of $502,938 which is $202.32 per square foot of living area. These homes averaged 56 days on the market prior to receiving an accepted offer.

In the past 12 months, 19 homes have sold.  Sales prices ranged from $270,000 up to $410,000 for an average sales price of $343,653 which equals $182.10 per square foot of living area.  Thes homes averaged 70 days on the market before going under contract and the average list to sales price was at 97%.

About Summerfield the Home of the Champions Golf Club:

Summerfield

Summerfield is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio designed course is open to the public with very reasonable membership fees.  Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

the Champions Club at Summerfield

The residential section is known as Summerfield and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club.  All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

the Champions Club at Summerfield

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

Summerfield

The following homes are currently available for sale in Summerfield:

Summerfield Homes for Sale

Stuart Florida Real Estate

Summerfield Real Estate Market Report July 2018