Stuart Florida Market Report ZIP Code 34997 – Condo, August 2012

09.18.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, August 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2012

 

For August 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 98 active condo listings (A decrease of 2 condo form July).

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24 Condo sales are pending and awaiting close or lender approval (Down 4 condos from July).

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15 Condos Sold in August (An increase of 2 condos from July).

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Bucking the trend for the other condo markets in Martin County, the Stuart condo market for the area in ZIP code 34997 had excellent numbers for August of 2012.  Inventory is now down to only 98 units while both pending and closed sales rose.

The one month absorption rate is at 6.5 months, which is basically a balanced market, favoring neither the seller or buyer.

The August 2011 numbers were: 107 active listings, 16 pending sales and 9 closed sales.  A considerable improvement this year from 2011.

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2012

 

 

Stuart Florida Market Report ZIP Code 34994 – Residential, August 2012

09.11.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, August 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2012

For August, 2012 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 58 active listings (Down 4 from July).

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38 Residential sales are pending and awaiting close or lender approval (Down 15 from July).

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14 Homes Sold in August (Down 2 homes from July)

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The 34994 ZIP code area of the Stuart, Florida real estate market activity slowed somewhat from the active spring and early summer.  Both sales and pending sales declined for August. The inventory continued to decline and is now down to very low levels for this segment of the Stuart Florida market.  With only 58 available homes for sale in this zip code are of Stuart, finding quality well priced homes is becoming difficult for buyers.

The one month absorption rate for this zip code is just over 4 months, which signifies a sellers market.  Excellent time for those wishing to place their homes on the market for sale.  The August 2011 numbers were 84 Active Listings, 27 pending sales and 5 closed sales.

 

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Stuart Florida Market Report ZIP Code 34994 – Residential, August 2012

Cedar Pointe Condominiums in Stuart Florida

09.07.12 by

Cedar Pointe Condominiums in Stuart Florida

As of September 5, 2012:
There are currently 12 active condos for sale in Cedar Pointe
2 Condos are currently under contract (Conventional sales)
In the past 6 months 26 condos have sold in Cedar Pointe, indicating a very active market

Cedar Pointe Condos in Stuart Florida

An active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

This 55+ community is the jewel of the Stuart area condominiums because of it’s location, reasonable condo fees from the high $200’s to the low $300’s per month depending on size and village (each village sets their own budget).  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Condos in Stuart Florida

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Currently a very affordable complex for those looking for a full time Stuart, Florida home or just a winter getaway.

Cedar Pointe Condos in Stuart Florida

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Willoughby Country Club Home Sold

09.02.12 by

Willoughby Country Club Home Sold

All Willoughby Country Club residents are encouraged to welcome the new owners of 3649 SE Doubleton Drive.   This Willoughby Country Club Home Sold on August 24 for $575,000 by the Gabe Sanders real estate team!

Willoughby Country Club Homes in Stuart Florida

For those with an interest in larger Willoughby Country Club homes, please give us a call as their are a number of attractive homes currently available.

Willoughby Country Club Homes in Stuart Florida

This is a beautifully appointed Estate home in Willoughby Country Club. This home has 3 spacious bedrooms plus a den with 4 full baths.  The den could easily be converted to a 4th bedroom.  The living room features a wet bar and gas heated fireplace.  The kitchen opens up to a breakfast area along with a generous family room.  A heated & screened Pool/Spa area has plenty of covered patio space along with a built-in summer kitchen.  The Master suite includes a large offset sitting room.  Don’t miss the full 3 car garage.  There is a $15,000 initial capital contribution at closing for new purchasers.Social /Tennis membership fees are included in the HOA fees.

Willoughby Country Club Homes in Stuart Florida

Willoughby Country Club Homes in Stuart Florida

Willoughby Country Club Homes in Stuart Florida

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Willoughby Country Club Home Sold

Stuart Florida Market Report ZIP Code 34997 – Condo, July 2012

08.20.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, July 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2012

 

For July 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 100 active condo listings (A decrease of 9 condo form June).

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28 Condo sales are pending and awaiting close or lender approval (Up 2 condos from June).

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13 Condos Sold in July (An increase of 3 condos from June).

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Bucking the trend for the other condo markets in Martin County, the Stuart condo market for the area in ZIP code 34997 had excellent numbers for July of 2012.  Inventory is now down to only 100 units while both pending and closed sales rose.

The one month absorption rate is at 7.7 months.  Still a slight buyers market, as a six moth absorption rate typically signifies a balanced market favoring neither the seller or buyer.

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2012

 

 

Springtree Homes in Stuart Florida

08.12.12 by

Springtree Homes in Stuart Florida

Springtree Entrance - Stuart Florida real Estate

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Engle Homes completed this community between the years of 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community.  Low HOA fees of approximately $120. month make this an affordable community.   Many homes boast wonderful private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

Currently their are two homes on the market in Springtree.  One home is under contract, a short sale, which is awaiting lender approval.  And, in the past 12 months, 7 homes have sold in Springtree.

For additional Springtree community information the Homeowners Association has a website at this address:

For any questions you may have about Springtree Homes in Stuart Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Springtree Homes in Stuart Florida

Stuart Florida Market Report ZIP Code 34994 – Residential, July 2012

08.10.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, July 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2012

For July, 2011 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 62 active listings (Down 2 from June).

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53 Residential sales are pending and awaiting close or lender approval (Up 3 from June).

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16 Homes Sold in July (Up 7 home from June)

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The 34994 ZIP code area of the Stuart, Florida real estate market continues to show very positive market activity.  Sales were up, pending sales also increased and the inventory continued to decline.  With only 62 available homes for sale in this zip code are of Stuart, finding quality well priced homes is becoming difficult for buyers.

The one month absorption rate for this zip code is just under 4 months.  This would typically signify a major shift as we enter into a sellers market.  Well priced homes that are correctly presented are selling in days if not hours in this market.

 

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Stuart Florida Market Report ZIP Code 34994 – Residential, July 2012

Martins Crossing Pool Home on Lake Sold

08.08.12 by

Martins Crossing Pool Home on Lake Sold

968 SE Fleming Way
Martins Crossing, Stuart, FL

Welcome the happy new owners to this Martins Crossing Pool Home on Lake Sold. 

Martins Crossing Pool Home in Stuart Florida

 

Like new Martins Crossing 3 Bedroom, 2 bath home with two car garage and a screened heated pool with waterfall. Wonderfully located on a private lot with serene lake and preserve views. This home features an updated kitchen with granite counter-tops and a large Island with a cook top and stone floors in the living areas. Flexible open plan with a family room, dining room and living area. The large master suite features crown molding, private pool entrance, and a huge walk in closet. The master bathroom has dual sinks, a Jacuzzi tub and separate shower. All this with low HOA fees that include lawn care as well as a community pool, tennis courts, tot lot and clubhouse. Conveniently located just minutes from shopping, schools and I-95 for commuters.

Martins Crossing Pool Home in Stuart Florida
Martins Crossing Pool Home in Stuart Florida

 


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Martins Crossing Pool Home on Lake Sold


Stuart Florida Market Report ZIP Code 34997 – Condo, June 2012

07.26.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, June 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2012

For June 2012 in the 34997 Zip Code area of Stuart, Florida :

There are currently 109 active condo listings (A decrease of 1 condo form May).

26 Condo sales are pending and awaiting close or lender approval (Down 3 condos from May).

10 Condos Sold in June (A decrease of 4 condos from May).

A slowdown of market activity from last month in the Stuart condo market for the area in ZIP code 34997.  All measured activity was slightly lower from May.  The 34997 zip code area of Stuart still has a troubling number of short sales and foreclosures coming on the market at a slower but steady rate.  This is keeping prices from rising.
Last years numbers were 103 active listings, 27 pending sales and 8 closed sales.  Very little change from last year.  The 34997 area of Stuart condo market seems to be treading water with a roughly 10 month absorption rate for June of 2012.

For more information, visit our website or call us at (772) 888-2885.
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2012

Sewalls Point Open House

07.12.12 by

Sewalls Point Open House

Join me on July 15th from 1 to 4 p.m. in this Sewalls Point Open House at 100 Hillcrest Drive.  This Sewalls Point gem was totally remodeled in 2003/2004. New barrel tile roof in 2006. Volume & coffered ceilings throughout, lovely master suite with 3 walk-in closets. Huge covered & screened lanai lends itself to entertaining for large groups. Upgrades include extensive use of granite & stone, 20″ rectified tiles throughout, Kitchen Aid appliances, custom trim, crown moldings & cabinetry milled on premise. Beautifully landscaped corner lot with brick paver walkway & circular paver driveway.

Search the MLS for all Sewalls Point Homes for Sale in Stuart Florida Real Estate

Sewalls Point Open House

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Stuart Florida Market Report ZIP Code 34994 – Residential, June 2012

07.12.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, June 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2012

For June, 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 70 active listings (Down 5 from May).

50 Residential sales are pending and awaiting close or lender approval (Up 2 from May).

9 Homes Sold in June (Up 1 home from May)

The 34994 ZIP code area of the Stuart, Florida real estate market continues to show very positive market activity.  Sales were up, pending sales also increased and the inventory continued to decline.  With only 70 available homes for sale in this zip code are of Stuart, finding quality well priced homes is becoming difficult for buyers.  Those homes that are attractively priced and in quality condition are in fact moving quickly.  Some very well priced homes closed in June, in the $600,000 to $700,000 price range.

Last June at this time, there were 79 active listings, 36 pending sales and 10 closed sales.  Better activity than last June for the Stuart Florida Markep Report Zip Code 34994 – Residential, June 2012.

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Stuart Florida Market Report ZIP Code 34994 – Residential, June 2012

the Yacht and Country Club of Stuart

07.11.12 by

the Yacht and Country Club of Stuart

 Yacht and Country Club of Stuart

The Yacht and Country Club of Stuart is one of Stuart Florida’s original gated communities.  The first homes were built in the late 1960’s on the 524 available home-sites.  Currently only a couple of vacant lots are available for those desiring new construction in the Yacht and Country Club of Stuart.   There’s a deep water canal that runs through the middle of this community and those on either side have ocean access through the Manatee Pocket to the Atlantic Ocean only a few minutes away via the Saint Lucie inlet.

Yacht and Country Club of StuartHomes in the Yacht and Country Club of Stuart range from 2 Bedroom, 2 Bath town homes with garages to spacious waterfront estates with over 5,000 sq. ft. of living space, private pool, and deep water dock.

Yacht and Country Club of Stuart

There is a professional golf course on site (membership is not mandatory) that was updated in 2006 by Ed Seay (Arnold Palmer Designs) and Tom Walker (Gary Player Designs).  This course is friendly for beginner golfers yet is still challenging for those with low handicaps.

Yacht and Country Club of Stuart

There is a community pool, tennis courts and fitness center that is separate from the club and available to all residents for a very reasonable annual fee.  In addition, residents can take advantage of a social membership to the main club house which features fine dining, as well as casual meals, and many social functions throughout the year.  The basic Home owner’s association fee for the Yacht and Country Club of Stuart is presently approximately $2,500 per year.  This fee covers the gated entry and security patrols as well as the management and maintenance of all the garden areas and common grounds.  More information about memberships and the golf club can be found on their we site for the Yacht and Country Club.

Yacht and Country Club of Stuart

All residents enjoy easy access to Martin County’s pristine beaches, downtown and just a short ride to shopping, restaurants, ‘A’ rated schools and medical facilities.  The Yacht and Country Club is a unique and wonderful community to call home.

 

Here are the currently available homes in the Yacht and Country Club of Stuart

 

For any questions you may have about the Yacht and Country Club of Stuart, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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the Yacht and Country Club of Stuart

Price Slashed on Hutchinson Island Waterfront Lot

07.10.12 by

Price Slashed on Hutchinson Island Waterfront Lot

4.29 Acres with Deep Water Dock in Place

Suitable for Estate Home with views of both Ocean and River

Price slashed on Hutchinson Island Waterfront Lot with deep water dock for larger vessels.  Now available for $455,000!  This incredible price is available through then end of July only, after which this lot will no longer be available for sale.  Take advantage of this limited time opportunity while it lasts.

Build your dream home on this estate sized waterfront lot on prestigious Hutchinson Island in Stuart, Florida. With over 4 acres of land and beach access across street or by boat to the Atlantic inlet only minutes away this lot is truly a special opportunity. Watch the fabulous sunsets and dolphins swim from your new deep water dock (5′ draft) with 26,000 lb. boat lift plus room for an additional large Yacht (water and electric is installed). Close to charming downtown Stuart, Jensen Beach, Publix, Elliott Museum, Oceanographic Center and more. Plans available for an awesome estate home. Don’t hesitate for this one of a kind opportunity in wonderful martin County.

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Price Slashed on Hutchinson Island Waterfront Lot

Legacy Cove in Stuart Florida

07.05.12 by

Legacy Cove in Stuart Florida

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of 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 for 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 boast a community pool and club house 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 Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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Legacy Cove in Stuart Florida

Affordable Stuart Condo in Cedar Pointe Under Contract

07.02.12 by

Affordable Stuart Condo in Cedar Pointe Under Contract

2929 SE Ocean Blvd. Suite C-2 has been on the market for two weeks and now is under contract.

Affordable Stuart Condo in Cedar Pointe Under Contract.  Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

It is currently a very attractive time to consider buying a Cedar Pointe Condo as prices have returned to pre 2003 levels and with low interest rates, these Sunshine State condos are ready for those wishing to move here full time or looking for an affordable winter home.

This condo which has just gone under contract is a spacious first floor one bedroom 1 and 1/2 bath condo for senior adults. Generous open plan with lots of storage and 2 walk in closets. This condo has been brought up to code after 2004 with Impact Glass for the porch, new AC in 2005, new hot water heater in 2005. Very conveniently located within walking distance of the Saint Lucie River, restaurants, shopping and medical facilities. Only a short drive or bike ride to the crystal clear waters of the Atlantic and charming downtown Stuart. This active community features numerous pools with one being just steps from this unit. Shuffleboard and other activities are available at the clubhouse. This unit comes mostly furnished and is ready for some one who wants an affordable Florida home.

The Cedar Pointe Villages 1 through 5 website

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Affordable Stuart Condo in Cedar Pointe Under Contract

The Yacht and Country Club of Stuart Courtyard Villa has Sold

06.28.12 by

The Yacht and Country Club of Stuart Courtyard Villa has Sold

The Yacht and Country Club of Stuart Courtyard Villa has sold for $160,000.  An exceptional turn key opportunity that the brand new owners of this great Villa are now enjoying.

Have a never-ending vacation of a lifetime in this sunny bright courtyard villa in the Yacht and Country Club of Stuart. Lying adjacent to a full 1 acre of vacant land, this 3 BR, 2 BA, 2 Car Garage home is like having a private oasis. This home is offered fully furnished and even comes with your own golf cart ready for it’s new owner. Located in a guard gated golf course community (with golf membership not mandatory) and conveniently located close to marinas, beaches, shopping and the other amenities that Stuart, Florida has to offer. Community pool, tennis courts and fitness center are also available. Great opportunity for a full time or vacation home at an affordable price. For fishermen & boaters, there’s a 28′ Pro Cat fishing boat that is also available, only minutes away.

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The Yacht and Country Club of Stuart Courtyard Villa has Sold

Stuart Florida Market Report ZIP Code 34997 – Condo, May 2012

06.21.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, May 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2012

For May 2012 in the 34997 Zip Code area of Stuart, Florida :

There are currently 110 active condo listings (A decrease of 5 condos form April).

29 Condo sales are pending and awaiting close or lender approval (Down 5 condos from April).

14 Condos Sold in June (A decrease of 4 condos from April).

A slightly disappointing month for the Stuart condo market for the area in ZIP code 34997.  While inventory decreased to 110 condos both pending and closed sales were also off.  The 34997 zip code area of Stuart contains a fairly good supply of condo communities, but there is definitely a shortage of good inventory which is affecting sales.  The current one-month absorption rate is just under 8 months.  Still a buyer’s market, but close to a balanced market which would be with a 6 to 7-month absorption rate.
Last years numbers were 111 active listings, 30 pending sales and 8 closed sales.  The market is marginally better than May of 2011.  We are now being hampered by lack of inventory.

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2012

Stuart Florida Market Report ZIP Code 34994 – Residential, May 2012

06.16.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, May 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2012

For May, 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Down 5 from April).

42 Residential sales are pending and awaiting close or lender approval (Up 2 from April).

6 Homes Sold in May (Up 1 home from April)

The 34994 ZIP code area of the Stuart, Florida real estate market continues to show some positive market activity.  Sales were up, pending sales also increased and the inventory continued to decline.  With only 74 available homes for sale in this zip code are of Stuart, finding quality well priced homes is becoming difficult for buyers.  Those homes that are attractively priced and in quality condition are in fact moving quickly

Last May at this time, there were 89 active listings, 31 pending sales and 9 closed sales.  This May, the activity has decreased slightly from last year.  Some of this can be attributed to the lower inventory this year.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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Stuart Florida Market Report ZIP Code 34994 – Residential, May 2012

Martins Crossing Pool Home Open House June 3

05.30.12 by

Martins Crossing Pool Home Open House June 3

968 SE Fleming Way
Martins Crossing, Stuart, FL

Join us June 3 from 1 to 4 PM to see this exceptional opportunity in Stuart, Florida

Like new Martins Crossing 3 Bedroom, 2 bath home with two car garage and a screened heated pool with waterfall. Wonderfully located on a private lot with a serene lake and preserve views. This home features an updated kitchen with granite countertops and a large Island with a cooktop and stone floors in the living areas. Flexible open plan with a family room, dining room and living area. The large master suite features crown molding, a private pool entrance, and a huge walk-in closet. The master bathroom has dual sinks, a Jacuzzi tub and a separate shower. All this with low HOA fees that include lawn care as well as a community pool, tennis courts, tot lot and clubhouse. Conveniently located just minutes from shopping, schools and I-95 for commuters.

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Martins Crossing Pool Home Open House June 3

Martins Crossing Pool Home on Lake New on the Market

05.22.12 by

Martins Crossing Pool Home on Lake New on the Market

968 SE Fleming Way
Martins Crossing, Stuart, FL

Martins Crossing Pool Home on Lake New on the Market

Like new Martins Crossing 3 Bedroom, 2 bath home with two car garage and a screened heated pool with waterfall. Wonderfully located on a private lot with serene lake and preserve views. This home features an updated kitchen with granite counter-tops and a large Island with a cook top and stone floors in the living areas. Flexible open plan with a family room, dining room and living area. The large master suite features crown molding, private pool entrance, and a huge walk in closet. The master bathroom has dual sinks, a Jacuzzi tub and separate shower. All this with low HOA fees that include lawn care as well as a community pool, tennis courts, tot lot and clubhouse. Conveniently located just minutes from shopping, schools and I-95 for commuters.

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Martins Crossing Pool Home on Lake New on the Market