Martins Crossing Real Estate Market Report September 2018

Martins Crossing Real Estate Market Report September 2018

There are currently 3 homes for sale in Martins Crossing.  Prices range from $319,000 to $399,900 for an average list price of $352,933 which equals $147.03 per sq. ft. of living area.

There are 2 homes under contract.  List prices were $189,900 and $287,500 for an average list price of $238,700 which is $139.77 per sq. ft. of living area.  These homes went under contract in an average of 10 days.

In the past twelve months, 50 homes have sold in Martins Crossing.  Sales prices ranged from a low of $172,000 to a high of $415,000 for an average sales price of $259,965 which equates to $140.32 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 61 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 September 2018, 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 September 2018 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 September 2018 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 September 2018

Anglers Cove Condos August 2018 Market Report

Angler Cove Condos August 2018 Market Report

There are currently 4 Angler Cove condos available for sale.  List prices are from $255,000 up to $425,000 for an average list price of $320,475 which equals $237.91 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 3 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $268,333 which works out to $246.18 per sq. ft. of living area.  The list to sales prices averaged at 96%.  These condos averaged 28 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)

About Angler Cove on Hutchinson Island in Stuart FL:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 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.

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Angler Cove Condos August 2016 Market Update

Stuart FL 34997 Residential Market Report July 2018

Stuart FL 34997 Residential Market Report July 2018

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

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

There are currently 258 active listings (Decreased by 5 homes from June).

Stuart FL 34997 Residential Market Report July 2018

164 Residential sales are pending and awaiting close or lender approval (Increased by 15 homes from June).

Stuart FL 34997 Residential Market Report July 2018

80 Homes Sold in July (Decreased by 14 homes from June)

Stuart FL 34997 Residential Market Report July 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales.  Pending sales were off this month which 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 thenumber of available homes for sale.
     The absorption rate rose slightly to 3.2 months (was 2.8 months for June).  Remaing as a very strong seller’s market for the 34997 zip code area of Stuart for July 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 July, were: 292 active listings, 180 pending listings, and 84 closed sales.  Similar closed activity but a considerably reduced number of pending sales on a much lower inventory of available homes for sale.
Stuart FL 34997 Residential Market Report July 2018

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Stuart FL 34997 Residential Market Report July 2018

 

Stuart FL 34996 Residential Market Report July 2018

Stuart FL 34996 Residential Market Report July 2018

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

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

There are currently 128 active listings (ncreased by 23 homes from June).

Stuart FL 34996 Residential Market Report July 2018

21 Residential sales are pending and awaiting close or lender approval (Down by 13 homes from June).

Stuart FL 34996 Residential Market Report July 2018

25 Homes Sold in July (Down by 1 homes from June).

Stuart FL 34996 Residential Market Report July 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be an active market but somewhat weaker than last month.  On a positive note, the inventory did rise for July.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 5.1 months as compared to June’s 4.0 months.  Remaining as a seller’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 July 2017 were: 147 active listings, 33 pending sales, and 36 closed sales.  Considerably stronger activity last year.

Stuart FL 34996 Residential Market Report July 2018

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Stuart FL 34996 Residential Market Report July 2018

Mariner Cay August 2018 Market Report

Mariner Cay August 2018 Market Report

There are 10 properties on the market in Mariner Cay in Stuart FL.  5 homes and 5 condos.  List prices range from $323,000 up to $2,595,000 for an average list price of $824,889 or $298.44 per sq. ft. of living area.

There are no homes or condos are under contract at this time.

In the past 12 months, 12 properties have sold in Mariner Cay: 7 condos and 5 homes.  Sales prices ranged from $190,000 up to $1,735,000 for an average sales price of $627,966 which works out to $250.34 per sq. ft. of living area.  These homes and condos averaged 123 days on market before going under contract and sold for an average of 94% 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 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.

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

  • 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 August 2018 Market Report

Stuart FL 34997 Residential Market Report June 2018

Stuart FL 34997 Residential Market Report June 2018

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

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

There are currently 263 active listings (Increased by 4 homes from May).

Stuart FL 34997 Residential Market Report June 2018

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

Stuart FL 34997 Residential Market Report June 2018

94 Homes Sold in June (Increased by 1 homes from May)

Stuart FL 34997 Residential Market Report June 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales and pending sales.  The inventory remained relatively steady for this month after numerous months of decreases in thenumber of available homes for sale.
     The absorption rate remained almost unchanged at 2.79 months (was 2.8 months for May).  Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for June 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 June, were: 261 active listings, 180 pending listings, and 87 closed sales. Slightly better sales volume for this June but also a smaller number of pending sales.
Stuart FL 34997 Residential Market Report June 2018

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Stuart FL 34997 Residential Market Report June 2018

 

Stuart FL 34996 Residential Market Report June 2018

Stuart FL 34996 Residential Market Report June 2018

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

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

There are currently 105 active listings (Decreased by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2018

34 Residential sales are pending and awaiting close or lender approval (Down by 7 homes from May).

Stuart FL 34996 Residential Market Report June 2018

26 Homes Sold in June (Up by 6 homes from May).

Stuart FL 34996 Residential Market Report June 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market.  Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months.  Drifting back into a strong seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into 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 June 2017 were: 138 active listings, 55 pending sales, and 41 closed sales.  Better activity last June with a greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2018

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Stuart FL 34996 Residential Market Report June 2018

Lake Tuscany July 2018 Market Report

Lake Tuscany July 2018 Market Report

As of July 2018, there are 2  homes available for sale in Lake Tuscany in Stuart FLwith listing prices of $469,900 and $485,000 for an average list price of $477,450 which is an average price per square foot of living area of $133.37.

There is 1 home currently under contract.  This home was listed for $460,315 or $184.57 per sq. ft. of living area and was on the market for only 9 days prior to going under contract.

In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $370,000 up to $470,000 for an average sales price of $428,063 which equals $151.17 per sq. ft. of living area.  These homes took an average of 117 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 $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.

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 July 2018, 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 July 2018 Market Report

Stuart FL 34997 Residential Market Report May 2018

Stuart FL 34997 Residential Market Report May 2018

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

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

There are currently 259 active listings (Decreased by 17 homes from April).

Stuart FL 34997 Residential Market Report May 2018

156 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from April).

Stuart FL 34997 Residential Market Report May 2018

93 Homes Sold in May (Increased by 9 homes from April)

Stuart FL 34997 Residential Market Report May 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active.  There is strong sales and pending activity.  Unfortunately the number of homes available to purchase continues to decline and this will have an impact on future sales volume.
     The absorption rate decreased to 2.8 months (was 3.3 months for April).  Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for May 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 May, were: 291 active listings, 168 pending listings, and 104 closed sales. There was better activity last year, but this was with a considerably greater number of homes for sale (inventory).
Stuart FL 34997 Residential Market Report May 2018

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Stuart FL 34997 Residential Market Report May 2018

 

Stuart FL 34996 Residential Market Report May 2018

Stuart FL 34996 Residential Market Report May 2018

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

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

There are currently 115 active listings (Decreased by 13 homes from April).

Stuart FL 34996 Residential Market Report May 2018

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

Stuart FL 34996 Residential Market Report May 2018

20 Homes Sold in May (Down by 8 homes from April).

Stuart FL 34996 Residential Market Report May 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active but with weaker activity than last month.  The inventory of available homes for sale is becoming an issue and may continue to affect the volume of sales in the near future.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May rose to 5.8 months as compared to April’s 4.6 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into 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 May 2017 were: 148 active listings, 64 pending sales, and 26 closed sales.  There was considerably stronger activity last year but with a much greater number of available homes for sale.

Stuart FL 34996 Residential Market Report May 2018

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Stuart FL 34996 Residential Market Report May 2018

Jensen Beach Golf and Country Club June 2018 Market Report

Jensen Beach Golf and Country Club June 2018 Market Report

There are currently 12 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $259,000 up to $459,900 for an average list price of $349,875 which equals $200.12 per square foot of living area.

9 homes are under contract awaiting the final sale.  List prices range from $245,900 up to $435,000 for an average list price of $349,911 which works out to $197.20 per square foot of living area.  These homes averaged 45 days on market before going under contract.

In the past 12 months, 41 homes have sold.  The sales prices ranged from $250,000 up to $440,000 for an average sales price of $331,984 which works out to a price per square foot of $186.28.  These homes were on the market for an average of 63 days before going under contract and sold for an average of 97% of list price.

 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 $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

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Residential Homes, Condos, and Land
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Jensen Beach Golf and Country Club June 2018 Market Report

Stuart FL 34997 Residential Market Report April 2018

Stuart FL 34997 Residential Market Report April 2018

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

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

There are currently 276 active listings (Decreased by 21 homes from March).

Stuart FL 34997 Residential Market Report April 2018

166 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from March).

Stuart FL 34997 Residential Market Report April 2018

84 Homes Sold in April (Decreased by 8 homes from March)

Stuart FL 34997 Residential Market Report April 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active.  There is strong sales and pending activity.  The decrease in inventory is troubling for the future of the market with the potential for much higher prices potentially pricing many out of this market.
     The absorption rate was almost unchanged at 3.3 months (was 3.2 months for March).  Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for April 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 April, were: 330 active listings, 177 pending listings, and 80 closed sales. There’s considerably less inventory of available homes for sale this year.  The sales activity remains very strong even compared to last year.
Stuart FL 34997 Residential Market Report April 2018

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Stuart FL 34997 Residential Market Report April 2018

 

Stuart FL 34996 Residential Market Report April 2018

Stuart FL 34996 Residential Market Report April 2018

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

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

There are currently 128 active listings (Decreased by 5 homes from March).

Stuart FL 34996 Residential Market Report April 2018

46 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from March).

Stuart FL 34996 Residential Market Report April 2018

28 Homes Sold in April (Down by 1 homes from March).

Stuart FL 34996 Residential Market Report April 2018

The 34996 zip code area of the Stuart Florida residential real estate market continued the strong activity from March.  The low inventory of available homes for sale may be an issue for the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for April remained unchanged from March at 4.6 months.  Remaining as 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 7 month absorption rate.

The numbers for April 2017 were: 163 active listings, 49 pending sales, and 21 closed sales.  Better closed activity this year and similar pending activity.  All with a considerably smaller inventory of homes for sale.

Stuart FL 34996 Residential Market Report April 2018

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Stuart FL 34996 Residential Market Report April 2018

Lost River Plantation April 2018 Market Report

Lost River Plantation April 2018 Market Report

As of April 2018, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $499,315 up to $750,000 for an average price of  $575,536 which equals $205.74 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $785,000 or $265.83 per sq. ft. of living area. This home was listed for 6 days prior to going under contract.

In the past 12 months, there have been 8 sales ranging in sales prices from $555,000 to $819,000 for an average sales price of $678,313 which works out to $224.60 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 103 days prior to accepting these offers.

 About Lost River Plantation in Stuart FL:

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.

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!

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Lost River Plantation April 2018 Market Report

Stuart FL 34997 Residential Market Report March 2018

Stuart FL 34997 Residential Market Report March 2018

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

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

There are currently 297 active listings (Decreased by 10 homes from February).

Stuart FL 34997 Residential Market Report March 2018

164 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from February).

Stuart FL 34997 Residential Market Report March 2018

92 Homes Sold in March (Increased by 27 homes from February)

Stuart FL 34997 Residential Market Report March 2018

      The Stuart Florida Residential Market for ZIP Code 34997 continues to show very strong sale activity.
     The absorption rate decreased to 3.2 months (was 4.7 months for February).  Into an even stronger seller’s market for the 34997 zip code area of Stuart for March 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 March, were: 332 active listings, 189 pending listings, and 94 closed sales.  Slightly greater activity last year but with a greater inventory of available homes for sale.
Stuart FL 34997 Residential Market Report March 2018

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Stuart FL 34997 Residential Market Report March 2018

Stuart FL 34996 Residential Market Report March 2018

Stuart FL 34996 Residential Market Report March 2018

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

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

There are currently 133 active listings (Increased by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2018

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

Stuart FL 34996 Residential Market Report March 2018

29 Homes Sold in March (Up by 15 homes from February).

Stuart FL 34996 Residential Market Report March 2018

The 34996 zip code area of the Stuart Florida residential real estate market had a very strong increase in sales from last month though the pending sales numbers could be stronger.  We also could use a bit more inventory.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March decreased slightly to 4.6 months as compared to February’s 9.3 months.  Once again, back into 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 7 month absorption rate.

The numbers for March of 2017 were: 167 active listings, 58 pending sales, and 36 closed sales.  Better activity in March of 2017 but with a larger available number of homes for sale.

Stuart FL 34996 Residential Market Report March 2018

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Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report March 2018

Martins Crossing Real Estate Market Report March 2018

Martins Crossing Real Estate Market Report March 2018

There are currently 6 homes and townhomes for sale in Martins Crossing.  Prices range from $225,000 to $423,000 for an average list price of $341,217 which equals $141.14 per sq. ft. of living area.

There are 2 homes under contract.  List prices were $249,900 and $289,500 for an average list price of $269,700 which is $169.07 per sq. ft. of living area.  On average these homes went under contract in 58 days.

In the past twelve months, 55 homes have sold in Martins Crossing.  Sales prices ranged from a low of $162,900 to a high of $415,000 for an average sales price of $267,395 which equates to $135.19 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 64 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 2018, 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 2018 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 2018 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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Stuart Florida Estate is presented by:

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Martins Crossing Real Estate Market Report March 2018

Castle Hill Real Estate Market Report March 2018

Castle Hill Real Estate Market Report March 2018

There are 2 homes currently for sale in Castle Hill in Sewalls Point, FL.  These homes are listed for $832,000 and $1,250,000 for an average list price of $1,041,000 which works out to $269.50 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $625,000 or $212.87 per sq. ft. of living area.  This home was on the market for 210 days prior to going under contract.

In the past 12 months, 3 Castle Hill homes have sold. Sale prices ranged from $860,000 up to $910,000 for an average sales price of $880,000 or $217.41 per sq. ft. of living area.  These homes sold in an average of 130 days on market before going under contract and for 96% of the list price.

About Castle Hill in Sewalls Point FL:

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 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 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 Real Estate Market Report March 2018

Stuart FL 34996 Residential Market Report February 2018

Stuart FL 34996 Residential Market Report February 2018

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

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

There are currently 130 active listings (Decreased by 16 homes from January).

Stuart FL 34996 Residential Market Report February 2018

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

Stuart FL 34996 Residential Market Report February 2018

14 Homes Sold in February (Down by 1 homes from January).

Stuart FL 34996 Residential Market Report February 2018

The 34996 zip code area of the Stuart Florida residential real estate went back to a shrinking inventory after a small increase last month.  There was a good jump in pending sales which should result in better closed activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February decreased slightly to 9.3 months as compared to January’s 9.7 months.  Still 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 February of 2017 were: 166 active listings, 61 pending sales, and 12 closed sales.  Slightly better closed sales numbers for this year on a reduced number of available homes for sale.

Stuart FL 34996 Residential Market Report February 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 February 2018

Stuart FL 34997 Residential Market Report February 2018

Stuart FL 34997 Residential Market Report February 2018

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

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

There are currently 307 active listings (Increased by 15 homes from January).

Stuart FL 34997 Residential Market Report February 2018

155 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from January).

Stuart FL 34997 Residential Market Report February 2018

65 Homes Sold in February (Increased by 7 homes from January)

Stuart FL 34997 Residential Market Report February 2018

      The Stuart Florida Residential Market for ZIP Code 34997 showed improvement in all tracked metrics for this report.  Of note are two months of increased inventory which is good news for the market.
     The absorption rate decreased to 4.7 months (was 5.0 months for January).  Still in a seller’s market for the 34997 zip code area of Stuart for February 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 February, were: 343 active listings, 182 pending listings, and 74 closed sales.  Better activity last February but this was with a greater inventory of available homes for sale.
Stuart FL 34997 Residential Market Report February 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 February 2018