Banyan House Condos Stuart FL March 2019 Market Report

Banyan House Condos Stuart FL March 2019 Market Report

There is currently 1 condo for sale in the Banyan House condos in Stuart FL.  This condo is listed for $189,900 which is $138.61 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only 2 condos have sold in the Banyan House.  The sales prices were $121,000 and $184,900.  This is an average sale price of $152,950 or $111.64 per sq. ft. of living area.  These condos averaged 29 days on the market before going under contract and they sold for an average of 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL March 2019 Market Report

Stuart FL 34994 Condo Market Report February 2019

Stuart FL 34994 Condo Market Report February 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2019

For February 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 113 active condo listings (Down by 1 condo from January).

Stuart FL 34994 Condo Market Report February 2019

50 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month) 

Stuart FL 34994 Condo Market Report February 2019

20 Condos Sold in January (Up by 3 condos from January).

Stuart FL 34994 Condo Market Report February 2019

The Stuart FL 34994 Condo market had a small increase in sales while little or no other significant changes. One of the few segments where inventory is below last year’s numbers.

The absorption rate for February dropped to 5.7 months compared to last month’s 6.7 months.  Back into a seller’s market after one month of a balanced market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last February the numbers were 125 active listings, 55 pending sales, and 28 closed sales.  There was better sales activity last year on a greater inventory of homes for sale.

Stuart FL 34994 Condo Market Report February 2019

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

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

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

Stuart FL 34994 Condo Market Report February 2019 

 

Emerald Lakes Stuart FL March 2019 Market Report

Emerald Lakes Stuart FL March 2019 Market Report

For March 2019 there are 4 homes for sale in Emerald Lakes in Stuart FL.  Listing prices range from $167,500 up to $235,000.  This is an average list price of $193,099 which equates to $137.42 per sq. ft.

There are no homes currently under contract.

In the past 12 months, there have been 33 sales in Emerald Lakes.  Sales prices ranged from $119,700 up to $268,000.  This works out to an average sales price of $181,000 or $130.25 per sq. ft. of living space.  These sales averaged 97% of list price and were on the market for an average of 49 days before going under contract.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart FL

The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The townhomes and villas are governed by two separate homeowners association yet share many of the same amenities.

Emerald Lakes Town Homes and Villas in Stuart FLEmerald Lakes Town Homes and Villas in Stuart FL

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

Emerald Lakes Town Homes and Villas in Stuart FL Emerald Lakes Town Homes and Villas in Stuart FL

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas and beaches and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Town Homes and Villas in Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Stuart FL March 2019 Market Report

 

Tres Belle March 2019 Market Report

Tres Belle March 2019 Market Report

There are 4 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $679,900 up to $989,900 for an average list price of $791,150 which works out to $234.03 per sq. ft. of living area.

There are two homes currently under contract.  The list prices were $689,998 and $699,900.  This equals an average list price of $694,949 or $212.16.  These homes were on the market for an average of 156 days prior to going under contract.

10 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $620,000 up to $925,000.  The average sales price was $714,220 which comes out to $206.46 per sq. ft. of living area.  These homes sold on average of 77 days with sales prices at 98% of list price.

About Tres Belle in Stuart FL:

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (March 2019).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

 Tres Belle in Stuart FL

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

 Tres Belle in Stuart FL

For boaters, there is an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $314.00 per month and include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

MLS-Search-small-e12889727557434

Search here for all Stuart FL real estate

Tres Belle March 2019 Market Report

Cabana Point February 2019 Market Report

Cabana Point February 2019 Market Report

There is only 1 home for sale in the Cabana Point community of Stuart Florida in February 2019. The list price is $525,000 or $317.80 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been 4 sales in Cabana Point. Sales prices ranged from $310,000 up to $523,500. This works out to an average sales price of $439,000 which is $224.70 per sq. ft. of living area. These homes averaged 127 days on the market before going under contract and sold for an average of 96% of list price.

About Cabana Point in Stuart Florida, A Stuart FL waterfront community:

Cabana Point in Stuart FL

Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first home built in 1958 and the most recent one was built in 2007.  This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written).   28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River.  The remaining non-waterfront homes have access through a community boat ramp.

Cabana Point in Stuart FL

This is a non-HOA community with no fees.  This is an older community with many of the homes back from the age of smaller CBS style cabana homes.  Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand.  Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.

Cabana Point in Stuart FL

For those looking for future appreciation, this community is an excellent investment potential.

Cabana Point in Stuart FL

Check here to see if any Cabana Point homes are available for sale

Search for cabana Point homes for sale

Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team


Cabana Point February 2019 Market Report