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

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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

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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

Castle Hill Real Estate Market Report September 2019

Castle Hill Real Estate Market Report September 2019

There is only 1 home currently for sale in Castle Hill in Sewalls Point, FL.  This home is listed for $2,900,000 or $515.83 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 5 Castle Hill homes have sold.  Sales prices ranged from $840,000 up to $1,155,000.  This equals an average sales price of $978,000 which is $239.33 per sq. ft. of living area.  These homes were on the market for an average of 113 days prior to going under contract and sold for 94% of list price.

About Castle Hill in Sewalls Point FL:

Castle Hill in Sewalls Point

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.

Castle Hill in Sewalls Point FL

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.

Castle Hill in Sewalls Point FL

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant 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 in Sewalls Point Castle Hill in Sewalls Point

Castle Hill was established in the early 1990s 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.

Castle Hill in Sewalls Point

Here are the currently available homes for sale in Castle Hill

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Castle Hill Real Estate Market Report September 2019

Martins Crossing Market Report September 2019

Martins Crossing Market Report September 2019

There are currently 6 homes for sale in Martins Crossing.  Prices range from $293,000 up to $399,000.  This is an average list price of $334,983 which equals $155.33 per sq. ft. of living area.

There are 2 homes currently under contract.  List prices were $329,000 and $349,900.  This equals an average list price of $339,450 which is $166.27 per sq. ft. of living area.  These homes went under contract in an average of 44 days.

In the past twelve months, 33 homes have sold in Martins Crossing.  Sales prices ranged from a low of $185,000 to a high of $395,000.  This equals an average sales price of $266,013 which works out to $145.43 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 38 days.

About Martins Crossing in Stuart FL:

 Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing in Stuart FL

Martins Crossing 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 in Stuart FL

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For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Martins Crossing Market Report September 2019

Stuart FL 34997 Residential Market Report July 2019

Stuart FL 34997 Residential Market Report July 2019

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

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

There are currently 313 active listings (Increased by 15 home from June).

Stuart FL 34997 Residential Market Report July 2019 

127 Residential sales are pending and awaiting close or lender approval (Down by 22 homes from June). 

Stuart FL 34997 Residential Market Report July 2019 

82 Homes Sold in July (Decreased by 15 homes from June)

Stuart FL 34997 Residential Market Report July 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 July 2019, the inventory is up but both sales and pending sales decreased from last month.
     The absorption rate rose to 3.8 months (was 3.1 months for June).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for July 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 July, were: 258 active listings, 164 pending listings, and 80 closed sales.  Similar closed sales volume on a greatly reduced inventory of available homes for sale.  Pending sales were significantly less this year when compared to July 2018.
Stuart FL 34997 Residential Market Report July 2019

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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 July 2019

Anglers Cove August 2019 Real Estate Market Report

Anglers Cove August 2019 Real Estate Market Report

There are currently 4 Anglers Cove condos available for sale.  List prices are from $240,000 up to $274,900 for an average list price of $256,825 which equals $235.62 per sq. ft. of living area.

There are no condos under contract at this time in Anglers Cove.

In the past 12 months, there have been 4 sales.  Sales prices ranged from $245,000 up to $399,900 for an average sales price of $295,475 which works out to $212.19 per sq. ft. of living area.  The list to sales prices averaged at 97%.  These condos averaged 145 days on market before going under contract.

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

About Anglers Cove on Hutchinson Island in Stuart FL:

Anglers Cove Condos on Hutchinson Island

Anglers Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings and 64 units surrounding a man-made cove with deep water dockage for the boating enthusiast.

Anglers Cove on Hutchinson Island in Stuart FL

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).

Anglers Cove on Hutchinson Island in Stuart FL

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.

Anglers Cove on Hutchinson Island in Stuart FL

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.

Anglers Cove Condos on Hutchinson Island

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 getaway for those cold winters up north!

Anglers Cove on Hutchinson Island in Stuart FL

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.

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Anglers Cove August 2019 Real Estate Market Report

Stuart FL 34996 Residential Market Report July 2019

Stuart FL 34996 Residential Market Report July 2019

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

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

There are currently 138 active listings (Decreased by 6 homes from June).

Stuart FL 34996 Residential Market Report July 2019 

23 Residential sales are pending and awaiting close (Down by 1 home from June).

Stuart FL 34996 Residential Market Report July 2019

20 Homes Sold in July (Up by 8 homes from June).

Stuart FL 34996 Residential Market Report July 2019

The 34996 zip code area of the Stuart Florida residential real estate market rebounded from pretty poor June activity.  Hopefully, this will continue through the rest of the summer and into fall.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 6.9 months as compared to 12 months for last month.  We are heading back into a balanced market 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 July 2018 were: 128 active listings, 21 pending sales, and 25 closed sales.  We had pretty similar sales volume when compared to last year.

Stuart FL 34996 Residential Market Report July 2019

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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 July 2019

Mariner Cay August 2019 Market Report

Mariner Cay August 2019 Market Report

There are 3 properties on the market in Mariner Cay in Stuart FL for August 2019.  List prices range from $289,888 up to $299,000. Only condos available at this time.   This is an average list price of $295,963 or $207.01 per sq. ft. of living area.

There are 3 condos under contract at this time and no homes.  The last list prices were from $248,000 up to $279,888.  This works out to an average list price of $259,263 which is $171.13 per sq. ft. of living area.  These homes and condos were on the market for an average of 18 days before going under contract.

In the past 12 months, 8 properties have sold in Mariner Cay.  They were equally divided between homes and condos with 4 homes and 4 condos having sold.

Condo sales prices ranged from $220,000 up to $325,000.  This equals an average sales price of $250,000 which works out to $154.12 per sq. ft. of living area.  These condos averaged 130 days on market before going under contract and sold for 94% of the last listed price.

Home sales prices ranged from $724,000 up to $2,275,000.  This works out to an average sales price of $1,162,250 which equals $322.07 per sq. ft. of living area.  These homes averaged 284 days on market before going under contract and sold for 90% of the last listed price.

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida

Mariner Cay Homes and Condos for Sale:

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.

Mariner Cay in Stuart Florida

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 activities, and 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 from St. Lucie Inlet and the crossroads 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.

Mariner Cay real estate Stuart FL

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 the 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       Mariner Cay real estate Stuart FL

  • 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.

Mariner Cay real estate Stuart FL

Search Mariner Cay Real Estate

Mariner Cay August 2019 Market Report

Stuart FL 34997 Residential Market Report June 2019

Stuart FL 34997 Residential Market Report June 2019

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

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

There are currently 298 active listings (Decreased by 38 home from May).

Stuart FL 34997 Residential Market Report June 2019 

149 Residential sales are pending and awaiting close or lender approval (Down by 1 home from May). 

Stuart FL 34997 Residential Market Report June 2019 

97 Homes Sold in June (Decreased by 3 homes from May)

Stuart FL 34997 Residential Market Report June 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a fairly large drop in the inventory of available homes for sale.  Pending and closed sales were down slightly from last month.  This is still the most active market in the Martin County area.
     The absorption rate dropped to 3.1 months (was 3.4 months for May).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for June 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 June, were: 263 active listings, 149 pending listings, and 94 closed sales.  Very similar activity as compared to last year though we do have a larger inventory of available homes for sale this year.
Stuart FL 34997 Residential Market Report June 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

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 June 2019

Stuart FL 34996 Residential Market Report June 2019

Stuart FL 34996 Residential Market Report June 2019

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

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

There are currently 144 active listings (Decreased by 8 homes from May).

Stuart FL 34996 Residential Market Report June 2019 

24 Residential sales are pending and awaiting close (Up by 1 home from May).

Stuart FL 34996 Residential Market Report June 2019

12 Homes Sold in June (Down by 15 homes from May).

Stuart FL 34996 Residential Market Report June 2019

The 34996 zip code area of the Stuart Florida had considerably weaker sales activity for the month.  Inventory has decreased a little but sales are not keeping pace.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June jumped up to 12 months as compared to the 5.6 months for last month.  We have transitioned back into a buyer’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 June 2018 were: 105 active listings, 34 pending sales, and 26 closed sales.  Much better activity last year with less inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2019

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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 June 2019

Stuart FL 34997 Residential Market Report May 2019

Stuart FL 34997 Residential Market Report May 2019

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

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

There are currently 336 active listings (Increased by 1 home from April).

Stuart FL 34997 Residential Market Report May 2019 

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

Stuart FL 34997 Residential Market Report May 2019 

100 Homes Sold in May (Decreased by 14 homes from April)

Stuart FL 34997 Residential Market Report May 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a decrease in both pending and closed sales numbers from last month.  But, remains an extremely strong segment of the Stuart Florida residential real estate market.
     The absorption rate rose to 3.4 months (was 2.9 months for April).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for May 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 May, were: 259 active listings, 156 pending listings, and 93 closed sales.  There’s slightly better sales volume this year and slightly lower pending sales.  Though, we have a considerably greater inventory of available homes for sale in this segment of the Stuart residential real estate market.
Stuart FL 34997 Residential Market Report May 2019

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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 May 2019

Stuart FL 34996 Residential Market Report May 2019

Stuart FL 34996 Residential Market Report May 2019

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

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

There are currently 152 active listings (Decreased by 1 home from April).

Stuart FL 34996 Residential Market Report May 2019 

23 Residential sales are pending and awaiting close (Down by 10 homes from April).

Stuart FL 34996 Residential Market Report May 2019

27 Homes Sold in May (Down by 9 homes from April).

Stuart FL 34996 Residential Market Report May 2019

The 34996 zip code area of the Stuart Florida showed weaker activity when compared to the past two months, but remains strong.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May plunged to 5.6 months as compared to the 4.3 months for last month.  We appear to be heading back towards a balanced 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 May 2018 were: 115 active listings, 41 pending sales, and 20 closed sales.  A greater number of closed sales this year, but considerably weaker pending sales.  All of this with a much larger inventory of available homes for sale this year.

Stuart FL 34996 Residential Market Report May 2019

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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 May 2019

Jensen Beach Golf and Country Club June 2019 Market Report

Jensen Beach Golf and Country Club June 2019 Market Report

There are currently 15 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $259,900 up to $474,900.  This is an average list price of $363,900 which equals $203.82 per square foot of living area.

Only 1 home is currently under contract.  The list price was $229,000 or $170.51 per square foot of living area.  This home was on the market for 21 days before going under contract.

In the past 12 months, 47 homes have sold.  The sales prices ranged from $222,000 up to $450,000.  This works out to an average sales price of $338,834 which is $193.55 per square foot of living area..  These homes were on the market for an average of 92 days before going under contract and sold for an average of 97% of list price.

 About the Jensen Beach Golf and Country Club:

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 a public 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 website.

  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 $230 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.  And, just 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

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Jensen Beach Golf and Country Club June 2019 Market Report

Stuart FL 34997 Residential Market Report April 2019

Stuart FL 34997 Residential Market Report April 2019

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

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

There are currently 335 active listings (Decreased by 4 homes from March).

Stuart FL 34997 Residential Market Report April 2019 

174 Residential sales are pending and awaiting close or lender approval (Down by 23 homes from March). 

Stuart FL 34997 Residential Market Report April 2019 

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

Stuart FL 34997 Residential Market Report April 2019

      The Stuart Florida Residential Market for ZIP Code 34997 continues to be the most active segment of the various segments of the Martin County real estate market that I follow.
     The absorption rate dropped further to 2.9 months (was 3.8 months for March).  Now an even more extreme seller’s market for the 34997 zip code area of Stuart for April 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 April, were: 276 active listings, 166 pending listings, and 84 closed sales.  There’s a greater number of homes for sale (inventory) in this area of Stuart and both sales and pending sales have improved over last year.
Stuart FL 34997 Residential Market Report April 2019

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Stuart Florida Real Estate presented by:
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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 April 2019

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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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 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 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

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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 FL 34997 Residential Market Report February 2019

Martins Crossing Real Estate Market Report March 2019

Martins Crossing Real Estate Market Report March 2019

There are currently 7 homes for sale in Martins Crossing.  Prices range from $199,900 up to $423,000.  This is an average list price of $281,900 which equals $145.42 per sq. ft. of living area.

There are 5 homes under contract.  List prices were from $204,900 up to $385,000.  This equals an average list price of $295,360 which is $144.92 per sq. ft. of living area.  These homes went under contract in an average of  71 days.

In the past twelve months, 34 homes have sold in Martins Crossing.  Sales prices ranged from a low of $177,000 to a high of $415,000.  This equals an average sales price of $279,592 which equates to $144.68 per sq. ft. of living area.  These homes sold at an average of 97% of list price and were under contract in an average of 34 days.

About Martins Crossing in Stuart FL:

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 Real Estate Market Report March 2019, boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

 Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2019 community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and oversized 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 Real Estate Market Report March 2019 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 Real Estate Market Report March 2019