Stuart FL 34997 Residential Market Report September 2019

Stuart FL 34997 Residential Market Report September 2019

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

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

There are currently 255 active listings (Decreased by 19 homes from August).

Stuart FL 34997 Residential Market Report September 2019 

164 Residential sales are pending and awaiting close or lender approval (Up by 25 homes from August). 

Stuart FL 34997 Residential Market Report September 2019 

61 Homes Sold in September (Decreased by 18 homes from August)

Stuart FL 34997 Residential Market Report September 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  Closed sales were down from last month while the pending sales volume rose.  As a result, we are expecting strong closed sales numbers for the coming months.
     The absorption rate rose to 4.2 months (was 3.5 months for August).  We remain in a seller’s market for the 34997 zip code area of Stuart for September 2019.  So, a typical balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for September, were: 289 active listings, 123 pending listings, and 86 closed sales.  Better closed sales volume last year, while pending sales are better this year.  While this is with a reduced inventory of available homes for sale.
Stuart FL 34997 Residential Market Report September 2019

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

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

Click here to view previous Stuart FL 34997 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report September 2019

Lost River Plantation October 2019 Market Report

Lost River Plantation October 2019 Market Report

As of October 2019, there are 3 available homes for sale in the Lost River Plantation community of Stuart, FL.  List prices range from $549,000 up to $750,000.  This is an average list price of  $631,333 which equals $222.84 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $775,000 which is $237.29 per sq. ft. of living area.  It was on the market for 121 days before going under contract.

In the past 12 months, there have been 12 sales ranging in sales prices from $384,890 up to $914,000.  This works out to an average sales price of 571,491 or $197.03 per sq. ft. of living area.  Sales prices averaged 95% of the last list price and these homes were on the market for an average of 111 days prior to accepting their offers.

Click here to view older Lost River Plantation market reports.

 About Lost River Plantation in Stuart FL:

Lost River Plantation

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 in Stuart FL

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Stuart Florida Real Estate is presented by:
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Lost River Plantation October 2019 Market Report

Stuart FL 34996 Residential Market Report September 2019

Stuart FL 34996 Residential Market Report September 2019

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

There are currently 125 active listings (Decreased by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2019 

21 Residential sales are pending and awaiting close (Down by 4 homes from August).

Stuart FL 34996 Residential Market Report September 2019

17 Homes Sold in September (Up by 1 home from August).

Stuart FL 34996 Residential Market Report September 2019

The 34996 zip code area of the Stuart Florida residential real estate didn’t have any significant change from last month.  We had a small drop in inventory.  Also, a small drop in pending sales. While we had a small increase in closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September dipped to 7.4 months as compared to 8.1 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for September 2018 were: 151 active listings, 19 pending sales, and 13 closed sales.  Better market activity this year even though we have a smaller inventory of available condos for sale.

Stuart FL 34996 Residential Market Report September 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

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

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

Click here for previous Stuart FL 34996 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report September 2019

Stuart FL 34997 Residential Market Report August 2019

Stuart FL 34997 Residential Market Report August 2019

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

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

There are currently 274 active listings (Decreased by 39 home from July).

Stuart FL 34997 Residential Market Report August 2019 

139 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from July). 

Stuart FL 34997 Residential Market Report August 2019 

79 Homes Sold in August (Decreased by 3 homes from July)

Stuart FL 34997 Residential Market Report August 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  For August 2019, our inventory dropped a bit and pending sales increased.  This is a good sign for continued strong activity in the near future.
     The absorption rate dipped to 3.5 months (was 3.8 months for July).  We are still in an extreme seller’s market for the 34997 zip code area of Stuart for August 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 August, were: 262 active listings, 137 pending listings, and 88 closed sales.  Slightly slower closed sales activity on an increased inventory for this year as compared to last August.
Stuart FL 34997 Residential Market Report August 2019

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

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

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

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 FL 34997 Residential Market Report August 2019

Stuart FL 34996 Residential Market Report August 2019

Stuart FL 34996 Residential Market Report August 2019

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

There are currently 130 active listings (Decreased by 8 homes from July).

Stuart FL 34996 Condo Market Report August 2019 

25 Residential sales are pending and awaiting close (Up by 2 homes from July).

Stuart FL 34996 Condo Market Report August 2019

16 Homes Sold in August (Down by 4 homes from July).

Stuart FL 34996 Condo Market Report August 2019

The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

Stuart FL 34996 Condo Market Report August 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

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

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report August 2019