Stuart FL 34996 Residential Market Report April 2019

Stuart FL 34996 Residential Market Report April 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2019

For April 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 153 active listings (Decreased by 10 homes from March).

Stuart FL 34996 Residential Market Report April 2019 

33 Residential sales are pending and awaiting close (Down by 16 homes from March).

Stuart FL 34996 Residential Market Report April 2019

36 Homes Sold in April (Up by 18 homes from March).

Stuart FL 34996 Residential Market Report April 2019

The 34996 zip code area of the Stuart Florida doubled the volume of closed sales from last month while decreasing the number of pending sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for April plunged to 4.3 months as compared to the 9.1 months for last month.  Transitioning back to a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for April 2018 were: 128 active listings, 46 pending sales, and 28 closed sales.  A stronger volume of closed sales this year.  Though pending sales are weaker, this is also with a considerably greater number of available homes for sale (inventory).

Stuart FL 34996 Residential Market Report April 2019

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Stuart FL 34996 Residential Market Report April 2019

Stuart FL 34997 Residential Market Report March 2019

Stuart FL 34997 Residential Market Report March 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2019

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

There are currently 339 active listings (Decreased by 22 homes from February).

Stuart FL 34997 Residential Market Report March 2019 

197 Residential sales are pending and awaiting close or lender approval (Up by 31 homes from February). 

Stuart FL 34997 Residential Market Report March 2019

89 Homes Sold in March (Increased by 12 homes from February)

Stuart FL 34997 Residential Market Report March 2019

      The Stuart Florida Residential Market for ZIP Code 34997 is once again leading Martin County segments as the most active segment for sales.  Both closed and pending sales rose and remain very strong.
     The absorption rate dipped to 3.8 months (was 4.7 months for February).  Back into a pretty extreme seller’s market for the 34997 zip code area of Stuart for March 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for March, were: 297 active listings, 164 pending listings, and 92 closed sales.  Slightly stronger closed sales volume last year but better pending numbers for this year.
Stuart FL 34997 Residential Market Report March 2019

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Search here for homes for sale in the 34997 zip code area of Stuart FL

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

Stuart FL 34997 Residential Market Report March 2019

Stuart FL 34996 Residential Market Report March 2019

Stuart FL 34996 Residential Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2019

For March 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 163 active listings (Decreased by 8 homes from February).

Stuart FL 34996 Residential Market Report March 2019 

49 Residential sales are pending and awaiting close (Up by 10 homes from February).

Stuart FL 34996 Residential Market Report March 2019

18 Homes Sold in March (Down by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2019

The 34996 zip code area of the Stuart Florida had a nice jump in pending sales.  Unfortunately, closed sales were down compared to last month while the inventory stayed fairly steady.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March rose to 9.1 months as compared to the 8.1 months for last month.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for March 2018 were: 133 active listings, 48 pending sales, and 29 closed sales.  Better closed sales numbers for last year.  A slightly higher number of pending sales this year, but this is also with a considerably greater number of available homes for sale (inventory).

Stuart FL 34996 Residential Market Report March 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report March 2019

Lost River Plantation April 2019 Market Report

Lost River Plantation April 2019 Market Report

As of April 2019, there are 4 available homes for sale in the Lost River Plantation community of Stuart, FL.  List prices range from $534,900 up to $959,000.  This is an average list price of  $673,475 which equals $205.80 per sq. ft. of living area.

There are 3 homes currently under contract in the Lost River Plantation Community.  These homes had list prices from $510,000 up to $750,000.  This equals an average list price of $649,000 which is $225.98 per sq. ft. of living area.  These homes were on the market for an average of 60 days before going under contract.

In the past 12 months, there have been 6 sales ranging in sales prices from $470,000 up to $723,000.  This works out to an average sales price of $556,833 or $199.28 per sq. ft. of living area.  Sales prices averaged 94% of the last list price and these homes were on the market for an average of 134 days prior to accepting these offers.

 About Lost River Plantation in Stuart FL:

Lost River Plantation in Stuart Florida

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep-draft ocean-going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation in Stuart FloridaLost River Plantation in Stuart Florida

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen, and social rooms.  For those wishing to commute to points north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation in Stuart Florida

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Lost River Plantation April 2019 Market Report

Stuart FL 34997 Residential Market Report February 2019

Stuart FL 34997 Residential Market Report February 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2019

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

There are currently 361 active listings (Increased by 13 homes from January).

Stuart FL 34997 Residential Market Report February 2019

166 Residential sales are pending and awaiting close or lender approval (Up by 8 homes from January). Stuart FL 34997 Residential Market Report February 2019

77 Homes Sold in February (Increased by 25 homes from January)

Stuart FL 34997 Residential Market Report February 2019

      The Stuart Florida Residential Market for ZIP Code 34997 regained its momentum of closed sales after a weak January.  Though, pending sales, while strong may not be enough to keep up with the increases in inventory.
     The absorption rate rose to 4.7 months (was 6.7 months for January).  Back into a seller’s market for the 34997 zip code area of Stuart for February 2019 after one month of a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for February, were: 307 active listings, 155 pending listings, and 65 closed sales.  A greater number of closed sales this year when compared to last year.  Pending sales were not quite as strong as last year and there is a considerably larger inventory of available homes for sale.
Stuart FL 34997 Residential Market Report February 2019

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

Stuart FL 34997 Residential Market Report February 2019