Stuart FL 34996 Residential Market Report February 2019

Stuart FL 34996 Residential Market Report February 2019

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

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

There are currently 171 active listings (Decreased by 3 homes from January).

Stuart FL 34996 Residential Market Report February 2019

39 Residential sales are pending and awaiting close (Down by 4 homes from January).

Stuart FL 34996 Residential Market Report February 2019

21 Homes Sold in February (Up by 11 homes from January).

Stuart FL 34996 Residential Market Report February 2019

The 34996 zip code area of the Stuart Florida had a nice jump in closed sales.  Unfortunately, both pending sales and inventory dropped from last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February rose to 8.1 months as compared to October’s 17.4 months.  Still a buyer’s market for the 34996 zip code area of Stuart FL but driting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February 2018 were: 130 active listings, 56 pending sales, and 14 closed sales.  There is increased sales volume this year but also less pending activity and a greater inventory of homes for sale.

Stuart FL 34996 Residential Market Report February 2019

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Stuart FL 34996 Residential Market Report February 2019

Castle Hill Real Estate Market Report March 2019

Castle Hill Real Estate Market Report March 2019

There is only 1 home currently for sale in Castle Hill in Sewalls Point, FL.  This home is listed for $2,950,000 or $524.72 per sq. ft. of living area.

There are no 2 homes currently under contract.  List prices were $1,035,000 and $1,295,000.  This is an average list price of $1,165,000 which equals $242.94 per sq. ft. of living area.  These homes were on the market for an average of 72 days before going under contract.

In the past 12 months,  3 Castle Hill homes have sold.  Sales prices ranged from $600,000 up to $975,000.  This equals an average sales price of $805,000 which is $233.51 per sq. ft. of living area.  These homes were on the market for an average of 182 days prior to going under contract and sold for an average of 93% 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 Castle Hill in Sewalls Point

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 an 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 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 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.

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 March 2019

Mariner Cay February 2019 Market Report

Mariner Cay February 2019 Market Report

There are 6 properties on the market in Mariner Cay in Stuart FL.  List prices range from $249,000 up to $1,099,000 and include a mix of condos and single family homes.   This is an average list price of $436,667 or $243.46 per sq. ft. of living area.

There are 3 homes or condos are under contract at this time.  The last list prices were from $249,000 up to $2,550,000.  This works out to an average list price of $1,283,000 which is $352.83 per sq. ft. of living area.  These homes and condos were on the market for an average of 222 days before going under contract.

In the past 12 months, 13 properties have sold in Mariner Cay.  These were a mix of condos and homes.  Sales prices ranged from $200,000 up to $1,300,000.  This equals an average sales price of $537,276 which works out to $231.67 per sq. ft. of living area.  These homes and condos averaged 141 days on market before going under contract and sold for an average of 94% of the last listed price.

About the Mariner Cay Community:

Mariner Cay in Stuart Florida

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

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Mariner Cay February 2019 Market Report

Stuart FL 34997 Residential Market Report January 2019

Stuart FL 34997 Residential Market Report January 2019

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

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

There are currently 348 active listings (Increased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2019 

158 Residential sales are pending and awaiting close or lender approval (Up by 65 homes from December).

 Stuart FL 34997 Residential Market Report January 2019

52 Homes Sold in January (Decreased by 18 homes from December)

Stuart FL 34997 Residential Market Report January 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a sizeable drop in closed sales for the first month of the year.  I think this is only temporary as we had an impressive jump in pending sales.  This should show up with increased closed sales in the next couple of months.
     The absorption rate rose to 6.7 months (was 4.9 months for December).  Now, a balanced market for the 34997 zip code area of Stuart for January 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for January, were: 292 active listings, 144 pending listings, and 58 closed sales.  Slightly better closed sales activity last year on a reduced inventory.  There is a better number of pending sales this year.
Stuart FL 34997 Residential Market Report January 2019

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Stuart FL 34997 Residential Market Report January 2019

Stuart FL 34996 Residential Market Report January 2019

Stuart FL 34996 Residential Market Report January 2019

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

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

There are currently 174 active listings (Increased by 7 homes from October).

Stuart FL 34996 Residential Market Report January 2019

43 Residential sales are pending and awaiting close (Up by 20 homes from October).

Stuart FL 34996 Residential Market Report January 2019

10 Homes Sold in January (Down by 5 homes from October).

Stuart FL 34996 Residential Market Report January 2019

The 34996 zip code area of the Stuart Florida had an increase in both inventory and pending sales but closed sales were lower than last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for January rose to 17.4 months as compared to October’s 11.1 months.  Now a stronger 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 7 month absorption rate.

The numbers for January 2018 were: 146 active listings, 37 pending sales, and 15 closed sales.  Better activity last year, especially when factoring in the greater inventory this year.

Stuart FL 34996 Residential Market Report January 2019

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Stuart FL 34996 Residential Market Report January 2019

Anglers Cove Condos February 2019 Market Report

Anglers Cove Condos February 2019 Market Report

There are currently 4 Anglers Cove condos available for sale.  List prices are from $269,900 up to $399,900 for an average list price of $331,175 which equals $215.98 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 $295,000 for an average sales price of $270,000 which works out to $241.93 per sq. ft. of living area.  The list to sales prices averaged at 95%.  These condos averaged 38 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 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.

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).

Angler 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.

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.

Angler 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!

Angler 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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Stuart Florida Real Estate

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Anglers Cove Condos August 2016 Market Update

Lake Tuscany January 2019 Market Report

Lake Tuscany January 2019 Market Report

As of January 2019, there is only 1  home available for sale in Lake Tuscany in Stuart FL.  This home is listed for $449,900 which is an average price per square foot of living area of $125.67.

There is 1 home currently under contract.  This home was listed for $369,900 or $177.50 per sq. ft. of living area and was on the market for 18 days prior to going under contract.

In the past 12 months, 10 homes have sold in Lake Tuscany ranging in sales price from $375,000 up to $543,250.  This works out to an average sales price of $454,425 which equals $153.26 per sq. ft. of living area.  These homes took an average of 94 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany in Stuart Florida:

Lake Tuscany in Stuart Florida

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 real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $108.00 per month.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners website is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

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.

Lake Tuscany in Stuart Florida

 Lake Tuscany real estate Stuart FL

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

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL January 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany in Stuart Florida

Lake Tuscany January 2019 Market Report

Stuart FL 34997 Residential Market Report December 2018

Stuart FL 34997 Residential Market Report December 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2018

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

There are currently 341 active listings (Increased by 19 homes from November).

Stuart FL 34997 Residential Market Report December 2018

93 Residential sales are pending and awaiting close or lender approval (Down by 33 homes from November).

Stuart FL 34997 Residential Market Report December 2018

70 Homes Sold in December (Increased by 9 homes from November)

Stuart FL 34997 Residential Market Report December 2018

      The Stuart Florida Residential Market for ZIP Code 34997 had an increase in closed sales for December but also an unexpected large decrease in pending sales which may affect closed sales in the near future.
     The absorption rate dipped to 4.9 months (was 5.3 months for November).  Still in a seller’s market for the 34997 zip code area of Stuart for December 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for December, were: 275 active listings, 121 pending listings, and 81 closed sales.  Even with a greater number of available homes for sale, activity was greater last year.
Stuart FL 34997 Residential Market Report December 2018

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Stuart FL 34997 Residential Market Report December 2018

 

Stuart FL 34996 Residential Market Report December 2018

Stuart FL 34996 Residential Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2018

For December 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 167 active listings (Decreased by 2 homes from October).

Stuart FL 34996 Residential Market Report December 2018

23 Residential sales are pending and awaiting close (Up by 6 homes from October).

Stuart FL 34996 Residential Market Report December 2018

15 Homes Sold in December (Up by 2 homes from October).

Stuart FL 34996 Residential Market Report December 2018

The 34996 zip code area of the Stuart Florida improved from last month.  Though this segment has been in a buyer’s market now for a few months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 11.1 months as compared to October’s 13.0 months.  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 7 month absorption rate.

The numbers for December 2017 were: 141 active listings, 37 pending sales, and 14 closed sales.  Marginally better sales volume and fewer pending sales this year with a higher inventory.

Stuart FL 34996 Residential Market Report December 2018

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Stuart FL 34996 Residential Market Report December 2018

Jensen Beach Golf and Country Club December 2018 Market Report

Jensen Beach Golf and Country Club December 2018 Market Report

There are currently 4 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $349,000 up to $389,000.  This is an average list price of $363,000 which equals $216.91 per square foot of living area.

5 homes are under contract awaiting the final sale.  List prices were from $340,000 up to $459,900.  This works out to an average list price of $390,140 which works out to $197.20 per square foot of living area.  These homes averaged 89 days on market before going under contract.

In the past 12 months, 27 homes have sold.  The sales prices ranged from $275,000 up to $450,000.  This is an average sales price of $341,533 which works out to a price per square foot of $193.10.  These homes were on the market for an average of 60 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 December 2018 Market Report

Stuart FL 34997 Residential Market Report November 2018

Stuart FL 34997 Residential Market Report November 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2018

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

There are currently 322 active listings (Increased by 6 homes from October).

Stuart FL 34997 Residential Market Report November 2018

126 Residential sales are pending and awaiting close or lender approval (Up by 3 homes from October).

Stuart FL 34997 Residential Market Report November 2018

61 Homes Sold in November (Decreased by 2 homes from October)

Stuart FL 34997 Residential Market Report November 2018

      The Stuart Florida Residential Market for ZIP Code 34997 showed reduced activity from last month and an increase in inventory.
     The absorption rate rose to 5.3 months (was 5.0 months for October).  Still a seller’s market for the 34997 zip code area of Stuart for November 2018 but trending towards a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for November, were: 285 active listings, 138 pending listings, and 70 closed sales.  Better activity last year on a reduced number of homes for sale.
Stuart FL 34997 Residential Market Report November 2018

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Stuart FL 34997 Residential Market Report November 2018

 

Stuart FL 34996 Residential Market Report November 2018

Stuart FL 34996 Residential Market Report November 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2018

For November 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 169 active listings (increased by 11 homes from October).

Stuart FL 34996 Residential Market Report November 2018

17 Residential sales are pending and awaiting close (Down by 4 homes from October).

Stuart FL 34996 Residential Market Report November 2018

13 Homes Sold in November (Down by 1 home from October).

Stuart FL 34996 Residential Market Report November 2018

The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good.  We also had slight increases in both pending and closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for November rose to 13.0 months as compared to October’s 11.3 months.  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 7 month absorption rate.

The numbers for November 2017 were: 143 active listings, 29 pending sales, and 19 closed sales.  Considerably better activity last November on a reduced inventory of available homes for sale.

Stuart FL 34996 Residential Market Report November 2018

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Stuart FL 34996 Residential Market Report November 2018

Stuart FL 34997 Residential Market Report October 2018

Stuart FL 34997 Residential Market Report October 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2018

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

There are currently 316 active listings (Increased by 27 homes from September).

Stuart FL 34997 Residential Market Report October 2018

123 Residential sales are pending and awaiting close or lender approval (Unchanged from September).

Stuart FL 34997 Residential Market Report October 2018

63 Homes Sold in October (Decreased by 23 homes from September)

Stuart FL 34997 Residential Market Report October 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains a strong market.  For October there was a second month of rising inventory while the pending sales numbers remained unchanged.  Closed sales were down when compared to last month.
     The absorption rate rose to 5.0 months (was 3.4 months for September).  Still a seller’s market for the 34997 zip code area of Stuart for October 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for October, were: 291 active listings, 131 pending listings, and 68 closed sales.  Better sales activity this year with better pending activity last year.
Stuart FL 34997 Residential Market Report October 2018

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Stuart FL 34997 Residential Market Report October 2018

 

Stuart FL 34996 Residential Market Report October 2018

Stuart FL 34996 Residential Market Report October 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2018

For October 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 158 active listings (increased by 7 homes from September).

Stuart FL 34996 Residential Market Report October 2018

21 Residential sales are pending and awaiting close (Up by 2 homes from September).

Stuart FL 34996 Residential Market Report October 2018

14 Homes Sold in October (Up by 1 homes from September).

Stuart FL 34996 Residential Market Report October 2018

The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good.  We also had slight increases in both pending and closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for October dropped slightly to 11.3 months as compared to September’s 11.6 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October 2017 were: 129 active listings, 30 pending sales, and 5 closed sales.  Better sales numbers this year, but lower pending sales and a larger inventory of available homes for sale.

Stuart FL 34996 Residential Market Report October 2018

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Stuart FL 34996 Residential Market Report October 2018

Lost River Plantation October 2018 Market Report

Lost River Plantation October 2018 Market Report

As of October 2018, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $485,315 up to $699,000 for an average price of  $567,386 which equals $201.71 per sq. ft. of living area.

There is no homes currently under contract in the Lost River Plantation Community.

In the past 12 months, there have been 6 sales ranging in sales prices from $520,000 up to $723,000 for an average sales price of $616,000 which works out to $221.95 per sq. ft. of living area.  Sales prices averaged 96% of the last list price and these homes were on the market for an average of 117 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 October 2018 Market Report

 

Stuart FL 34997 Residential Market Report September 2018

Stuart FL 34997 Residential Market Report September 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2018

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

There are currently 289 active listings (Increased by 27 homes from August).

Stuart FL 34997 Residential Market Report September 2018

123 Residential sales are pending and awaiting close or lender approval (Decreased by 14 homes from August).

Stuart FL 34997 Residential Market Report September 2018

86 Homes Sold in September (Decreased by 2 homes from August)

Stuart FL 34997 Residential Market Report September 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains a very strong market.  For September we saw a decrease in both closed and pending sales as well as an increase in inventory.
     The absorption rate edged up to 3.4 months (was 3.0 months for August).  Still a strong seller’s market for the 34997 zip code area of Stuart for September 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for September, were: 274 active listings, 130 pending listings, and 68 closed sales.  Better sales activity this year with better pending activity last year.
Stuart FL 34997 Residential Market Report September 2018

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

Stuart FL 34997 Residential Market Report September 2018

 

Stuart FL 34996 Residential Market Report September 2018

Stuart FL 34996 Residential Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2018

For September 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (increased by 21 homes from August).

Stuart FL 34996 Residential Market Report September 2018

19 Residential sales are pending and awaiting close (Down by 2 homes from August).

Stuart FL 34996 Residential Market Report September 2018

13 Homes Sold in September (Up by 3 homes from August).

Stuart FL 34996 Residential Market Report September 2018

The 34996 zip code area of the Stuart Florida improved from last months slow activity.  The inventory took a surprising rise while pending sales were off slightly and closed sales were up a little.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September shot up to 11.6 months as compared to August’s 13 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September 2017 were: 129 active listings, 19 pending sales, and 6 closed sales.  Better activity this year when compared to September 2017.

Stuart FL 34996 Residential Market Report September 2018

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

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report September 2018

Stuart FL 34997 Residential Market Report August 2018

Stuart FL 34997 Residential Market Report August 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2018

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

There are currently 262 active listings (Increased by 4 homes from July).

Stuart FL 34997 Residential Market Report August 2018

137 Residential sales are pending and awaiting close or lender approval (Decreased by 27 homes from July).

Stuart FL 34997 Residential Market Report August 2018

88 Homes Sold in August (Increased by 8 homes from July)

Stuart FL 34997 Residential Market Report August 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales.  Pending sales were off significantly this month.  This may result in some lower closed sales volume in the coming months. The inventory remained relatively steady for this month after numerous months of decreases in the number of available homes for sale.
     The absorption rate dropped slightly to 3.0 months (was 3.2 months for July).  Remaining as a very strong seller’s market for the 34997 zip code area of Stuart for August 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for August, were: 291 active listings, 141 pending listings, and 86 closed sales.  Other than significantly lower inventory the closed and pending sales volume is quite similar to last year.
Stuart FL 34997 Residential Market Report August 2018

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 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 August 2018

 

Stuart FL 34996 Residential Market Report August 2018

Stuart FL 34996 Residential Market Report August 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2018

For August 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 130 active listings (ncreased by 2 homes from July).

Stuart FL 34996 Residential Market Report August 2018

21 Residential sales are pending and awaiting close (Unchanged from July).

Stuart FL 34996 Residential Market Report August 2018

10 Homes Sold in August (Down by 15 homes from July).

Stuart FL 34996 Residential Market Report August 2018

The 34996 zip code area of the Stuart Florida seems to have hit a road bump for August.  Closed sales were off by a significant amount while the other metrics were mostly unchanged.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August shot up to 13 months as compared to July’s 5.1 months.  Into a strong buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for August 2017 were: 145 active listings, 14 pending sales, and 12 closed sales.  Even with a large drop in closed sales, activity is better this year.

Stuart FL 34996 Residential Market Report August 2018

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 real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report August 2018

Castle Hill Real Estate Market Report September 2018

Castle Hill Real Estate Market Report September 2018

There are 2 homes currently for sale in Castle Hill in Sewalls Point, FL.  These homes are listed with prices from $795,000 up to $3,200,000.  This is an average list price of $1,690,000 which works out to $351.90 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months,  only 1 Castle Hill home has sold. The sales price was $600,000 or $204.36 per sq. ft. of living area.  This home was on the market for 211 days prior to going under contract.   It sold for 96% 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 Castle Hill in Sewalls Point

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 an 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 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 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.

Castle Hill in Sewalls Point

Here are the currently available homes for sale in Castle Hill

Search for Martin County Real Estate

Castle Hill Real Estate Market Report September 2018