Stuart FL 34997 Condo Market Report April 2018

Stuart FL 34997 Condo Market Report April 2018

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

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

There are currently 57 active condo listings (Up by 1 condos from March).

Stuart FL 34997 Condo Market Report April 2018

19 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from March).

Stuart FL 34997 Condo Market Report April 2018

9 Condos Sold in April (Decreased by 11 condos from March).

Stuart FL 34997 Condo Market Report April 2018

      The Stuart FL condo market for zip code 34997 showed slower activity for April after a red-hot March.  Pending sales are off by quite a lot as were the closed sales.  In great need of more condos available for sale in this area of Stuart FL.

     The absorption rate jumped to 6.3 months in April compared to 2.4 months for March.  Back into a balanced 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 April 2017 numbers were: 70 active listings, 44 pending sales, and 5 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale.  The pending numbers are not as good.

Stuart FL 34997 Condo Market Report April 2018

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report April 2018

 

 

Legacy Cove Stuart FL May 2018 Market Report

Legacy Cove Stuart FL May 2018 Market Report

There is currently 1 home available for sale in Legacy Cove in Stuart, FL.  The list price is $389,000 which is $205.71 per sq. ft. of living area.

There is one home currently under contract awaiting settlement.  The list price was $650,000 or $175.87 per sq. ft. of living area.  This home was on the market for 93 days prior to going under contract.

In the past 12 months, 6 homes have sold in Legacy Cove with sales prices ranging from $342,000 up to $471,000 for an average sales price of $396,167 which works out to $163.35 per sq. ft. of living area.  These sales averaged 97% of list price and went under contract in an average of 31 days after going on the market.

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.

Search here for Legacy Cove Homes for Sale

Legacy Cove in Stuart FL

For any questions you May have about Legacy Cove Stuart FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Legacy Cove Stuart FL May 2018 Market Report

 

River Pines Townhouses May 2018 Market Report

River Pines Townhouses May 2018 Market Report

As of May 2018, there are 3 active listings for River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $160,999 up to $169,900 which equals to an average list price of $165,213 or $128.27 per sq. ft. of living area.

There is only 1River Pines town home under contract awaiting sale.  The list price was $174,900 or $135.79 per sq. ft. of living area.  This property was on the market for 76 days prior to going under contract.

In the past 12 months, 31 townhouses have sold in River Pines with sales prices ranging from$115,000 up to $165,000 which equals to an average sales price of $143,776 or $110.04 per sq. ft. of living area.  These townhomes have been on the market for an average of 93 days prior to going under contract and sold for 97% of the last list price.

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 2018, HOA fees were $167 per month.

River Pines in Stuart FL

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River Pines Townhouses May 2018 Market Report

Stuart Florida 34994 Residential Market Report April 2018

Stuart Florida 34994 Residential Market Report April 2018

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

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

There are currently 74 active listings (Down by 1 homes from March)

Stuart Florida 34994 Residential Market Report April 2018

35 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).

Stuart Florida 34994 Residential Market Report April 2018

13 Homes Sold in March (Decreased by 14 homes from March)

Stuart Florida 34994 Residential Market Report April 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a decrease in closed sales from last month (which were very strong) but remains a very strong market.

The one-month absorption rate for the 34994 zip code for March jumped to 5.7 months from 2.8 months for March.  Hanging on to 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 April 2017 numbers were 69 Active Listings, 33 pending sales, and 12 closed sales.  One of the few areas of Martin County with increased inventory from last year.  Sales activity was very similar to last year.

Stuart Florida 34994 Residential Market Report April 2018

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report April 2018

Stuart FL 34997 Condo Market Report March 2018

Stuart FL 34997 Condo Market Report March 2018

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

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

There are currently 56 active condo listings (Up by 2 condos from February).

Stuart FL 34997 Condo Market Report March 2018

23 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from February).

Stuart FL 34997 Condo Market Report March 2018

22 Condos Sold in March (Increased by 5 condos from February).

Stuart FL 34997 Condo Market Report March 2018

      The Stuart FL condo market for zip code 34997 has a very low inventory of available condos for sale yet is showing strong activity with what is available.

     The absorption rate dropped to 2.4 months in March compared to 3.2 months for February.  Back into a strong sellers’ 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 March 2017 numbers were: 75 active listings, 44 pending sales, and 18 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale..

Stuart FL 34997 Condo Market Report March 2018

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report March 2018

 

 

Stuart Florida 34994 Residential Market Report March 2018

Stuart Florida 34994 Residential Market Report March 2018

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

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

There are currently 75 active listings (Down by 6 homes from February)

Stuart Florida 34994 Residential Market Report March 2018

34 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).

Stuart Florida 34994 Residential Market Report March 2018

27 Homes Sold in February (Increased by 14 homes from February)

Stuart Florida 34994 Residential Market Report March 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida lost a little inventory after two months of some gains.  Sales for the month were very strong while pending sales were down but still impressive.

The one-month absorption rate for the 34994 zip code for February plunged to 2.8 months from 6.2 months for February.  Into a very strong 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 March 2017 numbers were 69 Active Listings, 34 pending sales, and 15 closed sales.  One of the few areas of Martin County with increased inventory from last year.  Sales were also much better for this year.

Stuart Florida 34994 Residential Market Report March 2018

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Stuart Florida 34994 Residential Real Estate Market Report March 2018

Stuart Florida 34994 Residential Market Report February 2018

Stuart Florida 34994 Residential Market Report February 2018

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

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

There are currently 81 active listings (Down by 5 homes from January)

Stuart Florida 34994 Residential Market Report February 2018

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

Stuart Florida 34994 Residential Market Report February 2018

13 Homes Sold in January (Increased by 2 homes from January)

Stuart Florida 34994 Residential Market Report February 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida has gained inventory for two months in arow unlike most areas in Martin County.  Both sales and pending sales also increased.

The one-month absorption rate for the 34994 zip code for January dipped to 6.2 months from 7.8 months for January.  Returning to a balanced 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 February 2017 numbers were 68 Active Listings, 25 pending sales, and 10 closed sales.  One of the few areas of Martin County with increased inventory from last year along with better sales volume.

Stuart Florida 34994 Residential Market Report February 2018

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Stuart Florida 34994 Residential Real Estate Market Report February 2018

Stuart FL 34997 Condo Market Report February 2018

Stuart FL 34997 Condo Market Report February 2018

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

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

There are currently 54 active condo listings (Down by 2 condos from January).

Stuart FL 34997 Condo Market Report February 2018

32 Condo sales are pending and awaiting close or lender approval (Down by 3 condos from January).

Stuart FL 34997 Condo Market Report February 2018

17 Condos Sold in February (Increased by 9 condos from January).

Stuart FL 34997 Condo Market Report February 2018

      The Stuart FL condo market for zip code 34997 continues with dropping inventory while still maintaining strong sales for February.

     The absorption rate plunged to 3.2 months in February compared to 7.0 months for January.  Back into a strong sellers’ 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 February 2017 numbers were: 75 active listings, 32 pending sales, and 22 closed sales.  Better closed activity last year, though there were also a greater number of available condos for sale.

Stuart FL 34997 Condo Market Report February 2018

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report February 2018

 

 

Kingswood Condo February 2018 Market Report

Kingswood Condo February 2018 Market Report

February 2018 Market Report:

There are 8 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $69,900 up to $135,000 for an average list price of $99,350 which equals $90.85 per sq. ft. of living area.

There are currently 4 condos under contract with list prices from $85,000 up to $120,000 for an average list price for these pending sales of $105,225 or $94.86 per sq. ft. of living area.  These two condos averaged 76 days on the market before going under contract.

25 condos have sold in the past 12 months.  Ranging in sales price from $55,000 up  to $156,000.  The average sales price was $98,116 which works out to $84.41 per sq. ft. of living area.  These condos sold on average of 79 days on market before going under contract and with sales prices at 94% 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 February 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.

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Kingswood Condos for Sale

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Kingswood Condo February 2018 Market Report

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

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

In August of 2017 there is only 1 townhome for sale in VilaBella.  This home is listed for $172,500 which is $145.94 per sq. ft. of living area.
There is also 1 pending sale currently in Vilabella. The list price was $189,900 which equals $118.17 per sq. ft. of living area.  This townhome was on the market for 114 days prior to going under contract.
In the past 12 months, 6 townhomes have sold with sales prices ranging from $150,000 up to $190,000 with an average sales price of $168,750 which equals $122.32 per sq. ft. of living area.  These sales averaged 36 days on market before going under contract and sold at 97% of list price.

About Vilabella in Stuart FL:

VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos


These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet friendly condominiums feature stainless steel appliances with granite counter tops in the kitchen and in the bathrooms. All units have one car garages and terraces with beautiful views of this well landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious club house with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!

VilaBella Town Home Condos in Stuart, Florida

VilaBella Town Home Condos

VilaBella Town Home Condos in Stuart, Florida

Community Pool in VilaBella Town Home Condos


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

 

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Stuart FL 34997 Condo Market Report January 2018

Stuart FL 34997 Condo Market Report January 2018

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

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

There are currently 56 active condo listings (Down by 1 condo from December).

Stuart FL 34997 Condo Market Report January 2018

35 Condo sales are pending and awaiting close or lender approval (Up by 18 condos from December).

Stuart FL 34997 Condo Market Report January 2018

8 Condos Sold in January (Decreased by 11 condos from December).

Stuart FL 34997 Condo Market Report January 2018

      The Stuart FL condo market for zip code 34997 Had a significant reduction of closed sales along with a very strong number of new pending sales indicating much better closed volume for the near future.

     The absorption rate jumped up to 7.0 months in January compared to 3.0 months for December.  Just about to become a buyer’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 January 2017 numbers were: 80 active listings, 34 pending sales, and 15 closed sales.  Weaker closed sales (on reduced inventory but much stronger pending sales.

Stuart FL 34997 Condo Market Report January 2018

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report January 2018

 

 

Foxwood Stuart FL February 2018 Market Update

Foxwood Stuart FL February 2018 Market Update

 As of February 2018, there are 2 homes on the market in the Foxwood equestrian community in Stuart, FL.  List prices are $419,900 and $549,900 for an average list price of $484,900 which works out to $206.86 per sq. ft. of living area.

There is 1 home under contract at this time.  It was listed for $624,900 or $226.91 per sq. ft. of living area.  This home was on the market for 56 days before going under contract.

In the past 12 months there were a total of 7 sales in this sought after Stuart community.  Sales prices ranged from $285,000 to $445,000 for an average of $$372,843 which equals $150.14 per sq. ft. of living area.  These sales averaged a sales price of 97% of the last list price and took an average of 73 days on the market before going under contract.

About Foxwood in Stuart FL:

Foxwood in Stuart Florida

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 a 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 Stuart FL

Association fees are a very reasonable $450 per year.  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 web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

Construction of homes in Foxwood began in 1978.  Four phase 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 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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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 Stuart FL February 2018 Market Update

Stuart Florida 34994 Residential Market Report January 2018

Stuart Florida 34994 Residential Market Report January 2018

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

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

There are currently 86 active listings (Down by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

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

Stuart Florida 34994 Residential Market Report January 2018

11 Homes Sold in December (Decreased by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to gain inventory while sales are not keeping up with this increased volume of available homes for sale.  I expect this to abate as we have a strong volume of pending sales.

The one-month absorption rate for the 34994 zip code for December rose to 7.8 months from 6.4 months for December.  Entering into a buyer’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 January 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Considerably stronger activity this January with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report January 2018

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Stuart, FL Real Estate

Business Opportunity Properties

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Stuart Florida 34994 Residential Real Estate Market Report January 2018

Stuart FL 34997 Condo Market Report December 2017

Stuart FL 34997 Condo Market Report December 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2017

For December 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 57 active condo listings (Unchanged from November).

17 Condo sales are pending and awaiting close or lender approval (Unchanged from November).

19 Condos Sold in December (Increased by 9 condos from November).

Stuart FL 34997 Condo Market Report December 2017

      The Stuart FL condo market for zip code 34997 continues with very strong activity even though the inventory is now down which may be reflected in the lower pending sale numbers.

     The absorption rate decreased to 3.0 months in December compared to 4.9 months for November.  More of an extreme 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 December 2016 numbers were: 83 active listings, 29 pending sales, and 11 closed sales.  Better closed volume, but less pensingsales on a reduced inventory for December 2017.

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report December 2017

 

 

The Florida Club January 2018 Market Report

The Florida Club January 2018 Market Report

Stuart, Florida

As of January 2018, there are 8 Florida Club homes for sale.  List prices range from $272,500 up to $449,500 for an average list price of $383,699 which works out to $187.73 per sq. ft. of living area.

There is 1 home under contract awaiting closing.  The list price was $259,900 or $170.09 per sq. ft of living area.  These homes averaged 52 days on the market before going under contract.

In the past 12 months, 37 homes have sold in the Florida Club with sales prices ranging from $225,000 up to $497,500 for an average sales price of $344,238 which equals $172.01 per square foot of living area.  The average days on market before going under contract  was 66 days with a 97% list to sales price ratio.

About the Florida Club:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes.  113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes.  Many with both lake or golf course views and a few with both.  The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views.  Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership.  Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

For more information about golf at the Florida Club January 2018 Market Report please visit their web site: Florida Club Web Site and watch their welcome video below:

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The Florida Club January 2018 Market Report

Summerfield Real Estate Market Report January 2018

Summerfield Real Estate Market Report January 2018

As of January 2018, there are 5 homes on the market in Summerfield ranging in listing price from $299,900 up to $359,900 for an average list price of $338,640 which equals $178.56 per square foot of living area.

There are 2 homes under contract (pending) awaiting their closing. Listing prices were $289,900 and $372,490 for an average list price of $331,195 which is $159.49 per square foot of living area. These homes averaged 76 days on the market prior to receiving an accepted offer.

In the past 12 months, 27 homes have sold.  Sales prices ranged from $290,000 up to $480,000 for an average sales price of $364,199 which equals $178.31 per square foot of living area.  The average days on market for these sales was 83 days 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 January 2018

Stuart FL 34997 Condo Market Report November 2017

Stuart FL 34997 Condo Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2017

For November 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Decreased by 4 condos from October).

Stuart FL 34997 Condo Market Report November 2017

30 Condo sales are pending and awaiting close or lender approval (Increased by 5 condos from October).

Stuart FL 34997 Condo Market Report November 2017

10 Condos Sold in November (Unchanged from October).

Stuart FL 34997 Condo Market Report November 2017

     The Stuart FL condo market for zip code 34997 had some strong activity even though the inventory is now down to extremely low levels and may impact future sales volume.
     The absorption rate decreased to 4.9 months in November compared to 5.3 months for October.  Still in a 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 November 2016 numbers were: 73 active listings, 20 pending sales, and 8 closed sales.  Much better activity for this year when one considers the greatly reduced inventory of available condos for sale.

Stuart FL 34997 Condo Market Report November 2017

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report November 2017

 

 

Stuart Florida 34994 Residential Market Report November 2017

Stuart Florida 34994 Residential Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2017

For November 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 81 active listings (Up by 4 homes from October)

Stuart Florida 34994 Residential Market Report November 2017

28 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).

Stuart Florida 34994 Residential Market Report November 2017

13 Homes Sold in October (Increased by 1 homes from October)

Stuart Florida 34994 Residential Market Report November 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed continued positive sales and pending numbers along with an unusual rise in inventory.

The one-month absorption rate for the 34994 zip code for November decreased to 6.2 months from 6.3 months for October.  Remaining in a balanced 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 November 2016 numbers were 45 Active Listings, 31 pending sales, and 14 closed sales.  Similar pending and sales numbers this year but this is with almost double the inventory, making for a much poorer ratio as compared to last year.

Stuart Florida 34994 Residential Market Report November 2017

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Stuart Florida 34994 Residential Real Estate Market Report November 2017

Plantation House Condos Indian River Plantation December 2017 Market Report

Plantation House Condos Indian River Plantation December 2017 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $504,999 or $340.07 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

Two condos have sold in the Plantation House in the past 12 months.  The sales prices were $501,000 and $565,000 for an average sales price of $533,000 which equals $411.38 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and went under contract in an average of 78 days after going on the market.

About the Plantation House on Hutchinson Island in Indian River Plantation:

Plantation House Condos on Hutchinson Island

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

Plantation House Condos on Hutchinson IslandThe Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Plantation House Condos on Hutchinson Island

Current condo and management fees are around $567 per month.

Plantation House Condos on Hutchinson Island

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation House condos for Sale

Search for Martin County Real Estate

Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation House Condos Indian River Plantation December 2017 Market Report

 

 

 

Plantation Club Villas Indian River Plantation December 2017 Market Report

Plantation Club Villas Indian River Plantation December 2017 Market Report

There is 1 active listing in the Plantation Club Villas of Hutchinson Island for early December 2017.  This condo is listed for $259,900 or $203.68 per sq. ft. of living area.

There is 1 pending sale in the Plantation Club Villas.  This condo was listed for $299,000 which equals $209.82 per sq. ft. of living area.  This condo was on the market for 376 days prior to going under contract.

2 condos have sold in the Plantation Club Villas in the past 12 months.  The sales prices were $260,000 and $282,500 which averages to $271,250 and equals $223.62 per sq. ft. of living area.  These condos sold for an average of 96% of the last listed price and were on the market for an average of 47 days before receiving an accepted offer.

About the Plantation Club Villas

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course.  These units were built in 1987 and most have views of lakes, golf course or private preserves.

Plantation Club Villas on Hutchinson IslandThere are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft.  The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Plantation Club Villas on Hutchinson Island

Current condo and management fees are around $367 per month.

Plantation Club Villas on Hutchinson IslandIndian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

Search for Martin County Real Estate

Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation House, Resort Villas,River Village, Riverbend, Riverwood, Tennis Villas

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation Club Villas Indian River Plantation December 2017 Market Report