Castle Hill September 2016 Market Report

09.13.16 by

Castle Hill September 2016 Market Report

There are currently 2 homes for sale in Castle Hill in Sewalls Point, FL.  The listing prices are $969,000 and 999,000.  The average list price is $984,000 which equals $234.23 per sq. ft. of living area.

There are currently no homes under contract, pending a sale.

In the past 12 months, 2 Castle Hill homes have sold. Sale prices were $2,150,000 and $6,000,000 for an average sales price of $4,075,000 or $614.08 per sq. ft. of living area.  These homes sold in an average of 519 days on market before going under contract and for 93% of the last listed price.

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants and schools.

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi million waterfront properties high on the deep Saint Lucie River to half acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equi-distant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Here are the currently available homes for sale in Castle Hill

Castle Hill September 2016 Market Report

Martins Crossing September 2016 Market Report

09.10.16 by

Martins Crossing September 2016 Market Report

There are currently 7 homes and townhomes for sale in Martins Crossing.  Prices range from $182,000 to $289,900 for an average list price of $246,527 which equals $132.65 per sq. ft. of living area.

There are 11 homes under contract.  List prices range from $156,800 to $379,000 for an average list price of $218,989 which is $123.20 per sq. ft. of living area.  On average these homes went under contract in 37 days.

In the past twelve months, 44 homes have sold in Martins Crossing.  Sales prices ranged from $155,900 to $327,500 for an average sales price of $253,213 which equates to $126.71 per sq. ft. of living area.  These homes sold at an average of 96% of listed price and were under contract in an average of 49 days.

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  Martins Crossing September 2016 Market Report, boasts of  596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

 Martins Crossing real estate in Stuart FL

Martins Crossing September 2016 Market Report community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

Martins Crossing September 2016 Market Report is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

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Martins Crossing September 2016 Market Report

Mariner Cay August 2016 Market Report

08.28.16 by

Mariner Cay August 2016 Market Report

There are 4 properties on the market in Mariner Cay.  3 homes and one condo.  List prices range from $269,000 up to $2,699,999 for an average list price of $1,379,500 or $375.40 per sq. ft. of living area.

Two properties are under contract (pending).  One condo and one home.  List prices are $425,000 and $650,000 for an average list price of $537,500 which equals $190.53 per sq. ft. of living area.  These two properties averaged 293 days on market before accepting their current offer.

In the past 12 months, 10 properties have sold in Mariner Cay.  9 were condos and only one home.  Sales prices ranged from $200,000 up to $720,000 for an average sales price of $317,450 which works out to $176.91 per sq. ft. of living area.  These homes and condos averaged 279 days on market before going under contract and sold for an average of 95% of the last listed price.

About the Mariner Cay Community

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activitiesand other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance form St. Lucie Inlet and the cross-roads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60 mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that  accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High Speed Internet and 24/7 Wi-Fi.

With a marina like this it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

Mariner Cay August 2016 Market Report

Stuart FL 34997 Residential Market Report July 2016

08.16.16 by

Stuart FL 34997 Residential Market Report July 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2016

There are currently 299 active listings (No change from June).

Stuart FL 34997 Residential Market Report July 2016

159 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from June).

Stuart FL 34997 Residential Market Report July 2016

86 Homes Sold in July (Decreased by 39 homes from June)

Stuart FL 34997 Residential Market Report July 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate market.  This segment of the Stuart residential real estate market remains quite active though it eased just a bit from the past few month’s super-heated activity.  Which is to be expected in the summer months.
     The absorption rate increased to 3.5 months (was 2.4 months for June).  Still a strong sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for July, were: 232 active listings, 190 pending listings and 83 closed sales.  When considering the greater available inventory for this year, the volume of closed and pending sales were greater last year.
Stuart FL 34997 Residential Market Report July 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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Stuart FL 34997 Residential Market Report July 2016

Stuart FL 34996 Residential Market Report July 2016

08.14.16 by

Stuart FL 34996 Residential Market Report July 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2016

For July 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (Down by 7 homes from June).

Stuart FL 34996 Residential Market Report July 2016

27 Residential sales are pending and awaiting close or lender approval (Down by 16 homes from June).

Stuart FL 34996 Residential Market Report July 2016

24 Homes Sold in July (Decreased by 2 homes from June).

Stuart FL 34996 Residential Market Report July 2016

The 34996 zip code area of the Stuart Florida residential real estate market continues to be a strong market.  Just a bit weaker than last month, but still slid and an improvement from last year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July increased to 6.3 months as compared to June’s 6.1 months.  Still basically a balanced 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 7 month absorption rate.

The numbers for July of 2015 were: 135 active listings, 34 pending sales and 11 closed sales.  We have a greater inventory this year along with increased market activity.

Stuart FL 34996 Residential Market Report July 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report July 2016

July 2016 Lake Tuscany Stuart FL Market Report

07.25.16 by

July 2016 Lake Tuscany Stuart FL Market Report

As of July 2016, there are 4  homes available for sale in Lake Tuscany with listing prices from $479,315 to $579,900 for an average list price of $519,405 which is a price per square foot of living area of $138.55.  As of July 14, 2016 these homes will have averaged 79 days on market.

There are 4 homes under contract.  List prices were from $405,000 up to $485,000 for an average list price of $445,975 which works out to $139.60 per sq. ft. of living area.  These homes averaged 33 days on the market before going under contract.

In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $362,000 to $469,000 for an average sales price of $414,500 which equals $153.54 per sq. ft. of living area.  These homes took an average of 34 days on market to go under contract and sold at 98% of list price.

Lake Tuscany real estate Stuart FL

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

 Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about July 2016 Lake Tuscany Stuart FL Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

July 2016 Lake Tuscany Stuart FL Market Report

 

Stuart FL 34997 Residential Market Report June 2016

07.16.16 by

Stuart FL 34997 Residential Market Report June 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2016

 

There are currently 299 active listings (Decreased by 5 homes from May).

Stuart FL 34997 Residential Market Report June 2016

173 Residential sales are pending and awaiting close or lender approval (Down by 43 homes from May).

Stuart FL 34997 Residential Market Report June 2016

125 Homes Sold in June (Increased by 16 homes from May)

Stuart FL 34997 Residential Market Report June 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate market. It is also currently the most active in terms of sales volume and shows little signs of easing up.  Though, I will expect some softening for the summer months.
     The absorption rate continues to drop, now down to 2.4 months (was 2.8 months for May).  A very strong sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for June, were: 257 active listings, 200 pending listings and 113 closed sales.  Closed sales outpaced last years’ volume though pending sales numbers are lower.  Inventory is higher this year than last.
Stuart FL 34997 Residential Market Report June 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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Stuart FL 34997 Residential Market Report June 2016

 

Stuart FL 34996 Residential Market Report June 2016

07.14.16 by

Stuart FL 34996 Residential Market Report June 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2016

 

For June 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 158 active listings (Up by 8 homes from May).

Stuart FL 34996 Residential Market Report June 2016

43 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from May).

Stuart FL 34996 Residential Market Report June 2016

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

Stuart FL 34996 Residential Market Report June 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed solid activity for June 2016.  We also have a welcome increase in inventory that will hopefully continue through the end of this year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June decreased to 6.1 months as compared to May’s 6.8 months.  A balanced 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 7 month absorption rate.

The numbers for June of 2015 were: 136 active listings, 44 pending sales and 8 closed sales.  Much better sales activity for this year as compared to last year.

Stuart FL 34996 Residential Market Report June 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report June 2016

Jensen Beach Golf and Country Club June 2016 Market Report

06.30.16 by

Jensen Beach Golf and Country Club June 2016 Market Report

There are currently 5 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $259,900 to $399,000 or an average list price of $336,360 which equals $167.09 per square foot of living area.

5 homes are under contract awaiting the final sale.  List prices range from $238,000 to $369,000 for an average list price of $306,180 that equals $162.23 per square foot of living area.  These homes averaged 83 days on market before going under contract.

In the past 12 months, 45 homes have sold.  The sales prices ranged from $230,000 to $487,905 for an average sales price of $312,819 which works out to a price per square foot of  $167.73 at a 97% sales to list price ratio.  These homes were on the market for an average of 56 days before going under contract.

 The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast.  There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders.   Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed.  Previous builders included WCI Communities and Engle Homes.

 The Jensen beach Golf and Country Club is home to the Eagle Marsh Golf Course.   This is apublic course and all are welcome to play.  Inexpensive membership plans are available along with dining facilities, a snack bar and a pro shop.  More information about the Eagle Marsh Golf Club can be found on their web site.

  Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages.  In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean.  Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

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

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club June 2016 Market Report

Stuart FL 34997 Residential Market Report May 2016

06.16.16 by

Stuart FL 34997 Residential Market Report May 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2016

There are currently 304 active listings (Decreased by 5 homes from April).

Stuart FL 34997 Residential Market Report May 2016

216 Residential sales are pending and awaiting close or lender approval (Down by 3 homes from April).

Stuart FL 34997 Residential Market Report May 2016

109 Homes Sold in May (Increased by 10 homes from April)

Stuart FL 34997 Residential Market Report May 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate market.  And, it is also the most active with very strong sales and pending sales activity.
     The current one month absorption rate plunged to 2.8 months (was 3.1 months for April).  Continuing as an extreme sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for May, were: 275 active listings, 225 pending listings and 91 closed sales.  Interestingly enough, there is a greater number of homes for sale this year as compared to 2015.  Sales were better this year though the pending numbers were higher last year.  Though, with this kind of hot activity, these numbers are very similar.
Stuart FL 34997 Residential Market Report May 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report May 2016

Stuart FL 34996 Residential Market Report May 2016

06.14.16 by

Stuart FL 34996 Residential Market Report May 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2016

 

For May 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 150 active listings (Down by 1 homes from April).

Stuart FL 34996 Residential Market Report May 2016

43 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from April).

Stuart FL 34996 Residential Market Report May 2016

22 Homes Sold in May (Decreased by 3 homes from April).

Stuart FL 34996 Residential Market Report May 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed reduced sales and pending activity from last month, though only small decreases.  The inventory dropped by only 1 home, yet is still slightly above last year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May increased to 6.8 months as compared to April’s 6 months.  Drifting back up into a slight buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for May of 2015 were: 147 active listings, 34 pending sales and 16 closed sales.  Slightly better activity for this year when compared to 2015.

Stuart FL 34996 Residential Market Report May 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report May 2016

Stuart FL 34997 Residential Market Report April 2016

05.16.16 by

Stuart FL 34997 Residential Market Report April 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2016

 

There are currently 309 active listings (Increased by 1 homes from March).

Stuart FL 34997 Residential Market Report April 2016

219 Residential sales are pending and awaiting close or lender approval (Increased by 44 homes from March).

Stuart FL 34997 Residential Market Report April 2016

99 Homes Sold in April (Increased by 21 homes from March)

Stuart FL 34997 Residential Market Report April 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the most active segment of the Martin County single family real estate market.  Closed and pending sales had a second month of large improvements from last month as this segment of the Stuart residential real estate market remains very active and at a big advantage for sellers.
     The current one month absorption rate plunged to 3.1 months (was 3.9 months for March).  Even a stronger sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for April, were: 315 active listings, 223 pending listings and 98 closed sales.  Very similar activity to last year.
Stuart FL 34997 Residential Market Report April 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report April 2016

 

Stuart FL 34996 Residential Market Report April 2016

05.14.16 by

Stuart FL 34996 Residential Market Report April 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2016

 

For April 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 151 active listings (Down by 12 homes from March).

Stuart FL 34996 Residential Market Report April 2016

55 Residential sales are pending and awaiting close or lender approval (Up by 4 homes from March).

Stuart FL 34996 Residential Market Report April 2016

25 Homes Sold in April (Increased by 2 homes from March).

Stuart FL 34996 Residential Market Report April 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed some gains in all tracked criteria for April.  Though, the inventory continues to decline.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April decreased to 6 months as compared to March’s 7.1 months.  A balanced market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2015 were: 173 active listings, 29 pending sales and 18 closed sales.  Considerably better volume this year than for April of last year even with a reduced inventory.  Quite impressive.

Stuart FL 34996 Residential Market Report April 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report April 2016

Stuart FL 34997 Residential Market Report March 2016

04.16.16 by

Stuart FL 34997 Residential Market Report March 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2016

 

There are currently 308 active listings (Decreased by 13 homes from February).

Stuart FL 34997 Residential Market Report March 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 40 homes from February).

Stuart FL 34997 Residential Market Report March 2016

78 Homes Sold in March (Increased by 20 homes from February)

Stuart FL 34997 Residential Market Report March 2016Stuart FL 34997 Residential Market Report March 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  Closed and pending sales made huge improvements from last month as this segment of the Stuart residential real estate market remains red hot.
     The current one month absorption rate plunged to 3.9 months (was 5.5 months for February).  A very strong sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for March, were: 351 active listings, 211 pending listings and 87 closed sales.  As hot as this market is, it was still outperformed last year, though there was a greater amount of inventory.
Stuart FL 34997 Residential Market Report March 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report March 2016

 

Stuart FL 34996 Residential Market Report March 2016

04.14.16 by

Stuart FL 34996 Residential Market Report March 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2016

 

For March 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 163 active listings (Up by 9 homes from February).

Stuart FL 34996 Residential Market Report March 2016

51 Residential sales are pending and awaiting close or lender approval (Down by 4 homes from February).

Stuart FL 34996 Residential Market Report March 2016

23 Homes Sold in March (Increased by 11 homes from February).

Stuart FL 34996 Residential Market Report March 2016

The 34996 zip code area of the Stuart Florida residential real estate market had some excellent increases in closed sales as well as a small jump in inventory.  Pending sales were off slightly from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March decreased to 7.1 months as compared to February’s 12.8 months.  Still a buyers market for this section of Martin County but improving steadily for the past two months.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2014 were: 166 active listings, 37 pending sales and 21 closed sales.  Better activity this year than for March of 2015.

Stuart FL 34996 Residential Market Report March 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report March 2016

Lost River Plantation April 2016 Market Report

04.02.16 by

Lost River Plantation April 2016 Market Report

As of April 2016, there are 3 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $729,000 to $799,000 for an average price of  $762,800 which equals $249.26 per sq. ft. of living area.

There are 3 homes under contract.  The listing prices ranged from $349,900 up to $749,900 or $205.94 per sq. ft. of living area.  These homes average 239 days on market before going under contract.

In the past 12 months, there have been 7 sales ranging in sales prices from $415,000 to $675,000 for an average sales price of $570,714 which comes out to $195.24 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 104 days prior to accepting these offers.

 Lost River Plantation April 2016 Market Report

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 April 2016 Market ReportLost River Plantation April 2016 Market Report

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 pints 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 April 2016 Market ReportLost River Plantation April 2016 Market Report

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Lost River Plantation April 2016 Market Report

 

Stuart FL 34997 Residential Market Report February 2016

03.15.16 by

Stuart FL 34997 Residential Market Report February 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2016

There are currently 321 active listings (Increased by 22 homes from January).

Stuart FL 34997 Residential Market Report February 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from January).

Stuart FL 34997 Residential Market Report February 2016

58 Homes Sold in February (Decreased by 30 homes from January)

Stuart FL 34997 Residential Market Report February 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  After a very hot month of sales last month, closed sales dropped for February, but both available inventory and pending sales rose.  This should be an excellent sign for future activity.
     The current one month absorption rate rose to 5.5 months (was 3.4 months for January).  Still a sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for February, were: 373 active listings, 202 pending listings and 72 closed sales.  Unfortunately the volume of activity was a bot stronger last year, though also with greater inventory.
Stuart FL 34997 Residential Market Report February 2016

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report February 2016

Stuart FL 34996 Residential Market Report February 2016

03.13.16 by

Stuart FL 34996 Residential Market Report February 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2016

 

For February 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 154 active listings (Down by 6 homes from January).

Stuart FL 34996 Residential Market Report February 2016

55 Residential sales are pending and awaiting close or lender approval (Up by 13 homes from January).

Stuart FL 34996 Residential Market Report February 2016

12 Homes Sold in February (Increased by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2016

The 34996 zip code area of the Stuart Florida residential real estate market remains slightly slower than many of the neighboring Stuart zip codes.  Though, the large pending numbers are a good sign for future sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February decreased to 12.8 months as compared to January’s 16 months.  Still a strong buyers market for this section of Martin County, but this number should improve when the strong pending numbers translate into sales.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February of 2014 were: 158 active listings, 39 pending sales and 12 closed sales.  Very similar inventory and closed sales as compared to 2015, but there’s quite a bit better pending inventory this year which should make for some excellent sales numbers for the coming months.

Stuart FL 34996 Residential Market Report February 2016

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Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report February 2016

Angler Cove Condos February 2016 Market Update

02.20.16 by

Angler Cove Condos February 2016 Market Update

There are currently 2 Angler Cove condos available for sale.  The list rices are $210,000 and $310,000 which works out to an average price of $260,000 or $187.09 per sq. ft. of living area.

There are no condos under contract at this time in Angler Cove

In the past 12 months there have been 6 sales.  Sales prices ranged from $172,000 to $320,000 for an average sales price of $226,333 or $170.69 per sq. ft. of living area.  The list to sales prices averaged at 93%.  These condos averaged 202 days on market before going under contract.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 10 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

 Angler Cove Condos on Hutchinson Island

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

Angler Cove Condos February 2016 Market Update

Stuart FL 34997 Residential Market Report January 2016

02.15.16 by

Stuart FL 34997 Residential Market Report January 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2016

There are currently 299 active listings (Decreased by 9 homes from December).

Stuart FL 34997 Residential Market Report January 2016

156 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2016

88 Homes Sold in January (Increased by 16 homes from December)

Stuart FL 34997 Residential Market Report January 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  We have seen an unfortunate continuation of a decrease in inventory which is going to effect future sales unless this trend reverses.
     The current one month absorption rate remained almost the same at 3.4  months (was 5.0 months for December).  Even a stronger sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for January, were: 348 active listings, 198 pending listings and 76 closed sales.  Even with considerably less inventory, closed sale for 2016 were ahead of last years numbers.
Stuart FL 34997 Residential Market Report January 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report January 2016