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

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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.

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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

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Cabana Point February 2019 Market Report


The Yacht and Country Club of Stuart February 2019 Market Report

The Yacht and Country Club of Stuart February 2019 Market Report

February 2019 Market Update:

There are 17 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices range from $304,500 to $1,350,000 for an average list price of $649,353 which works out to $244.58 per sq. ft. of living area.

There are currently 3 homes under contract with list prices from $325,000 up to $995,000.  The average list price of these pending sales is $595,000 or $204.87 per sq. ft. of living area.  These homes averaged 79 days on the market before going under contract.

36 homes have sold in the past 12 months.  Ranging in sales price from $180,000 to $790,000.  The average sales price was $417,617 which equals $177.79 per sq. ft. of living area.  These homes went under contract in an average of 69 days with sales prices averaging 95% of list price.

About the Yacht and Country Club of Stuart:

 The Yacht and Country Club of Stuart

One of the first gated golf communities in Martin County, Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiasts.  This fine gate-guarded community boasts waterfront homes that are only minutes from the Saint Lucie Inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71. The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Yacht and Country Club of Stuart

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a resident massage therapist.  Tennis is provided by six lighted Har-Tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.



Truly a wonderful place to call home.

 

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Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart February 2019 Market Report

Mariner Sands February 2019 Market Report

Mariner Sands February 2019 Market Report

For late February 2019, there are 57 properties for sale in Mariner Sands.  These 57 properties include a mix of condos and homes.  The list prices range from $124,500 up to $999,900.  This is an average list price of $429,756 which works out to $162.44 per sq. ft. of living area.

There are 6 homes under contract (pending) which have not completed the sales process to date.  List prices were from $245,000 up to $619,000.  This works out to an average of $386,817 or $158.54 per sq. ft. of living area.  These homes averaged 25 days on market prior to going under contract.

In the past 12 months, 50 homes and condos have sold.  Sales prices ranged from $110,000 up to $840,000.  This equals an average sales price of $383,800 which is $143.31 per sq. ft. of living area.  These homes averaged 105 days on the market before going under contract and sold on average at 92% of the last listed price.

About the Mariner Sands Golf & Country Club:

Mariner Sands Golf & Country Club

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands Golf & Country Club

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Mariner Sands Golf & Country Club

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Mariner Sands Golf & Country Club

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has its own chapel. It has multi-denominational worship services and is host to art classes, a library, and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one-time non-refundable capital contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands February 2019 Market Report

Mariner Village February 2019 Real Estate Market Report

Mariner Village February 2019 Market Report

For February 2019, there are 4 homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $290,000 up to $339,900.  This is an average list price of $314,950 which equals $181.45 per sq. ft. of living area.

There is one home under contract.  This home had a list price of $299,999 which is $154.88 per sq. ft. of living area.  It was on the market for 5 days prior to going under contract.

In the past 12 months, 20 homes have sold in Mariner Village.  Sales prices ranged from a low of $210,000 up to a high of $388,500.  This works out to an average sales price of $302,995 which works out to $162.03 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were active on the market for an average of 33 days prior to going under contract.

About Mariner Village:

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedrooms, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedrooms, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The monthly $200.00 HOA fee includes front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner Village in Stuart FL

Mariner Village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village February 2019 Real Estate Market Report

Stuart FL 34996 Condo Market Report January 2019

Stuart FL 34996 Condo Market Report January 2019

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

For January 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report January 2019

38 Condo sales are pending and awaiting close or lender approval (Up by 12 condos from December).

Stuart FL 34996 Condo Market Report January 2019

17 Condos Sold in January (Down by 10 condos from December) 

Stuart FL 34996 Condo Market Report January 2019

The Stuart FL 34996 Condo Market of Stuart is one of the few areas in Martin County with lower inventory as compared to last year.  Closed sales were unchanged and pending sales increased for January.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 7.2 months from December’s 4.6 months. Transitioning back into a slight buyer’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2018 were: 140 active listings, 52 pending sales, and 17 closed sales.  Identical closed sales with slightly less pending sales this year on lower inventory.  This condo market is bucking the trend from the rest of Martin County.

Stuart FL 34996 Condo Market Report January 2019

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Stuart FL 34996 Condo Market Report January 2019

Stuart FL 34994 Condo Market Report January 2019

Stuart FL 34994 Condo Market Report January 2019 

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

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

There are currently 114 active condo listings (Up by 14 condos from December).

Stuart FL 34994 Condo Market Report January 2019  

50 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month) 

Stuart FL 34994 Condo Market Report January 2019

17 Condos Sold in December (Unchanged from December).

Stuart FL 34994 Condo Market Report January 2019

The Stuart FL 34994 Condo market had an small increase in inventory and pending sales while sales remained unchanged.

The absorption rate for December dropped to 6.7 months compared to last month’s 5.9 months.  Back into a balanced market after one month of a seller’s 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 January the numbers were 113 active listings, 51 pending sales, and 19 closed sales.  Very similar activity when compared to last January.

Stuart FL 34994 Condo Market Report January 2019

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Stuart FL 34994 Condo Market Report January 2019 

 

Four Winds on the River Condo February 2019 Market Report

Four Winds on the River Condo February 2019 Market Report

There is 1 condo currently available for sale in Four Winds on the River in Stuart FL.  It is listed for $229,740 or $170.18 per sq. ft. of living area.

There are no condos under contract and awaiting sale.

In the past 12 months, 2 condos have sold in Four Winds.  These condos sold for $23,000 and $346,500.  This works out to an average sales price of $289,750 which works out to $180.24 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.

About Four Winds on the River in Stuart FL:

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

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Four Winds on the River Condo February 2019 Market Report

Foxwood Stuart FL February 2019 Market Update

Foxwood Stuart FL February 2019 Market Update

As of February 2019, there are 2 homes on the market in the Foxwood equestrian community in Stuart, FL.  List prices are $449,000 and $625,000.  This is an average list price of $537,000 or $152.31 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, there were a total of 6 sales in this sought after Stuart community.  Sales prices ranged from $350,000 up to $600,000 for an average sales price of $472,583 which equals $182.58 per sq. ft. of living area.  These sales averaged a sales price of 94% of the last list price and took an average of 79 days on the market before going under contract.

About Foxwood in Stuart FL:

Foxwood Equestrian in Stuart FL

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Equestrian in Stuart FL

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Foxwood Equestrian in Stuart FL

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood Equestrian in Stuart FL

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

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Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood Stuart FL February 2019 Market Update

Stuart FL 34996 Condo Market Report December 2018

Stuart FL 34996 Condo Market Report December 2018

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

For December 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 124 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report December 2018

26 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from November).

Stuart FL 34996 Condo Market Report December 2018

27 Condos Sold in December (Up by 3 condos from November) 

Stuart FL 34996 Condo Market Report December 2018

The Stuart FL 34996 Condo Market of Stuart showed an increase in sales but a decrease in pending sales from last month.  Though, the activity remains quite strong.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 4.6  months from November’s 5.0 months. Transitioning back into a seller’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2017 were: 134 active listings, 35 pending sales, and 20 closed sales.  Better closed sales activity this year but better pending sales last year.  One of the few areas with a lower inventory this year.  I expect this to change in the coming months.

Stuart FL 34996 Condo Market Report December 2018

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Stuart FL 34996 Condo Market Report December 2018

Stuart FL 34994 Condo Market Report December 2018

Stuart FL 34994 Condo Market Report December 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2018

For December 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 100 active condo listings (Up by 4 condos from November).

Stuart FL 34994 Condo Market Report December 2018

44 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month) 

Stuart FL 34994 Condo Market Report December 2018

17 Condos Sold in December (Up by 8 condos from November).

Stuart FL 34994 Condo Market Report December 2018

The Stuart FL 34994 Condo market rebounded with an increase in closed sales while a slight decrease in pending sales, but remaining as a very active market.

The absorption rate for December dropped to 5.9 months compared to last month’s 10.7.  Back into a seller’s market after one month of a buyer’s 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 December the numbers were 91 active listings, 35 pending sales, and 15 closed sales.  A better volume of sales and pending sales this year with only a slightly higher inventory.

Stuart FL 34994 Condo Market Report December 2018

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Stuart FL 34994 Condo Market Report December 2018 

 

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

As of January 2019, there are 7 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $135,000 up to $287,000.  The average listing price $219,307 which equals a price per square foot of living area of $218.70.

There is one Circle Bay condo under contract at this time.  This condo was listed for $269,00 or $269.63 per sq. ft. of living area.  It went under contract 12 days after being listed.

In the past 12 months, 21 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $110,000 up to $278,000.  This equals an average sales price of $182,190 which is $177.69 per sq. ft.  These condos sold for an average of 95% of the last listed price and in an average of 86 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle bay Yacht Club Stuart FL

The Circle Bay Yacht Club is an active waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access. Docks are not deeded, rather rented at reasonable monthly rates.

Circle bay Yacht Club Stuart FLThere are 295 condos in 14 buildings that were constructed from 1974 to 1982. A number of buildings have elevators. Unit sizes vary from a low of 1 bedroom, 1 & ½ bathroom condos of 751 sq. ft. of living area up to 2 bedroom, 2 bathroom ones with 1,294 sq. ft. Covered carports are provided as well as ample guest parking.

Circle bay Yacht Club Stuart FL

Heated pools, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. The clubhouse also boasts a hobby shop with tools available for use by the residents. Rentals are permitted with restrictions. Sorry, no pets are permitted in Circle Bay. Circle bay Yacht Club Stuart FLAs of January 2019, the monthly condo fees were from $350.00 to $400.00 depending on the location and size of the condo.  This fee includes  Basic Cable, Fire/Liability Insurance, Grounds / Plants, Exterior Maintenance,  Manager, Pest Control, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water.

 

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

Riverwood Condos Indian River Plantation January 2019 Market Report

Riverwood Condos Indian River Plantation January 2019 Market Report

There are currently 2 condos for sale in the Riverwood Condos of Indian River Plantation.  These condos are listed for $295,000 and $560,000.  This is an average list price of $427,500 or $254.82 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 3 condos have sold in Riverwood.  Sales prices ranged from $240,000 up to $560,000.  This is an average sales price of $440,000 which equals $298.57 per sq. ft. of living area. These condos were on the market for an average of 21 days before going under contract and sold for 99% of list price.

About Riverwood Condos in Indian River Plantation:

The Riverwood condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of 12 smaller two-story buildings close to the Marriott Resort and full-service marina in Indian River Plantation.  These condos were completed in 1981 and 1982 with many condos having magnificent wide water views of the Intracoastal Waterway also knows as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

Riverwood Condos in Indian River Plantation

There are 60 spacious condos with a mix of three bedroom- three bath, 2 bedroom-2 bath, and 1 bedroom-1 bath units.  Sizes range from a very spacious 2,065 sq. ft. down to the 911 sq. ft. for the 1 bedroom condos.

Riverwood Condos in Indian River Plantation

Riverwood residents enjoy their own community pool and tennis court for Riverwood resident’s exclusive use.  There is ample parking with one assigned space per condo and guest spaces as well as a number of detached garages for some units.  This is a pet-friendly community with up to two large pets allowed.  Rentals are also permitted with a one-month minimum.

Riverwood Condos in Indian River Plantation

Current condo and management fees are from $600 per month.

Click here to view available Riverwood Condos for Sale

 

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Indian River Plantation

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

Indian River Plantation

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Indian River Plantation

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Indian River Plantation

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasInlet VillageLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendTennis Villas

 

 

 

Vista del Lago December 2018 Market Report

Vista del Lago December 2018 Market Report

As of December 2018, there are 5 active listings in Vista del Lago in Stuart FL.  The list prices ranged from $79,000 up to $129,400 for an average list price of $96,708 which equals $104.27 per sq. ft. of living area.

There are currently 4 condos under contract which have not closed yet.  List prices were from $75,000 up to $99,900 for an average list price of $84,950 which works out to $104.92 per sq. ft. of living area.  These condos averaged 23 days on market before going under contract.

30 condos have sold in the past 12 months. Sales prices were from a low of $53,250 to a high of $110,000 with the average sales price being $77,987. This equals $91.09 per sq. ft. of living area. The average days on market was 50 and these condos sold on average at 96% of list price.

 Vista del Lago in Stuart FL

About Vista del Lago Condos in Stuart FL:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart.  This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach.  Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago in Stuart FL Vista del Lago in Stuart FL

Vista del Lago condos were first built in 1974 and the last one was completed in 1979.   All the buildings are two stories and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units.  Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

Vista del Lago in Stuart FL Vista del Lago in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista del Lago and this is an age restricted (55+) community.  The HOA fees range from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

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Vista del Lago Homes for Sale

Vista del Lago December 2018 Market Report

Stuart FL 34996 Condo Market Report November 2018

Stuart FL 34996 Condo Market Report November 2018

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

For November 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 119 active condo listings (Down by 8 condos from last month).

Stuart FL 34996 Condo Market Report November 2018

33 Condo sales are pending and awaiting close or lender approval (Up by 11 condos from October).

Stuart FL 34996 Condo Market Report November 2018

24 Condos Sold in November (Up by 5 condos from October) 

Stuart FL 34996 Condo Market Report November 2018

The Stuart FL 34996 Condo Market of Stuart is bucling the trend for the rest of Martin County with increasing sales and pending sales as well as a decrease in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.0 months from October’s 6.7 months. Transitioning back into a seller’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2017 were: 134 active listings, 35 pending sales, and 15 closed sales.  Better closed sales activity this year.

Stuart FL 34996 Condo Market Report November 2018

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Stuart FL 34996 Condo Market Report November 2018

Crestwood Townhome Condos December 2018 Market Report

Crestwood Townhome Condos December 2018 Market Report

There is 1 townhome available for purchase in the Crestwood subdivision in December 2018.  The list price is $289,000 or $126.81 per sq. ft. of living area.

There is also 1 townhome under contract.  It was listed for $195,000 which is $119.34 per sq. ft. of living area.  This condo-townhome was only on the market for 5 days before going under contract.

In the past 12 months, 1 townhome has sold.  The sales price was $255,000 which equals $111.89 per sq. ft. of living area.  This townhome sold for 88% of list price and went under contract 12 days of being listed.

About Crestwood Townhome Condos:

Crestwood Townhomes in Stuart FL

The townhome community of Crestwood in Stuart FL consists of 36 townhouses that are deeded under condo rules.  There are 9 buildings, each with 4 homes.   This complex had the first units completed in 1983 with a couple of the buildings finished in 2003 and 2006.

Crestwood Townhomes in Stuart FL

All of these townhomes are spacious units with a minimum of 2 bedrooms and 2 and ½ baths of 1.634 sq. ft. and two car garages up to 3 bedroom (possible 4 bedroom) 2 and ½ bath units with 2,377 sq. ft. of living area and a 2 car garage.

The condo fees are $440 per month, which includes building insurance and maintenance of the outside, common area maintenance, insurance, pest control, landscaping and lawn maintenance, reserve funds and roofs.  There is a community pool with gazebo and barbecue area.

Crestwood Townhomes in Stuart FL

All ages are welcome and 1 medium sized pet is OK.  Rentals are permitted after 1 year of ownership.  Children are zoned for the Pinewood Elementary School, David L. Anderson Middle School and the South Fork High School.

Crestwood Townhomes in Stuart FL

This complex is located on the corner of Cove Road and Kanner Highway making for easy access to I-95 for those needing to commute to points south or north.  West Palm Beach being only 30 minutes away while both Miami and Orlando are approximately a 2-hour trip.

Crestwood Townhomes in Stuart FL

There’s a Publix shopping center just down the street and the Manatee Pocket can be reached in only minutes for those interested in boating or some great fresh seafood restaurants.  Historic downtown Stuart FL is only 15 minutes away and only a few minutes further to the crystal clear blue waters of the Atlantic Ocean beaches.

Come to see why these Crestwood Condo Townhomes are such an excellent opportunity.

Click here to see if any Crestwood Condo Townhomes are available for sale

Stuart FL 34994 Condo Market Report November 2018

Stuart FL 34994 Condo Market Report November 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2018

For November 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 96 active condo listings (Up by 11 condos from October).

Stuart FL 34994 Condo Market Report November 2018

48 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month) 

Stuart FL 34994 Condo Market Report November 2018

9 Condos Sold in November (Down by 5 condos from October).

Stuart FL 34994 Condo Market Report November 2018

The Stuart FL 34994 Condo market showed slightly weaker closed activity from last month along with an increase in inventory of available condos for sale.

The absorption rate for November dropped to 10.7 months compared to last month’s 6.1.  Now a buyer’s market for this condo segment of Stuart’s 34994 zip code area.  This is a large change and it’s been quite some time that this was a buyer’s market.  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 November the numbers were 100 active listings, 31 pending sales, and 21 closed sales.  Much better sales activity last year, but stronger pending activity for this year.

Stuart FL 34994 Condo Market Report November 2018

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Click on this link and fill out the form for an accurate personal evaluation

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Stuart FL 34994 Condo Market Report November 2018