Banyan House Condos Stuart FL September 2018 Market Report

There are currently 2 condos for sale in the Banyan House condos in Stuart FL. These two condos are listed for $189,000 and $198,500. This is an average list price of $193,750 which is $141.43 per sq. ft. of living area.

There is one condo with a pending contract. The list price was $208,000 or $151.82 per sq. ft. of living area. This condo was on the market for 69 days prior to going under contract.

In the past 12 months, only 1 condo has sold in the Banyan House. The sales price was $121,000 which equals $88.32 per sq. ft. of living area. This condo was on the market for 4 days before going under contract and it sold for 101% above list price.

About the 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.

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.

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

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 September 2018 Market Report

Stuart FL 34996 Condo Market Report August 2018

09.20.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report August 2018

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

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

There are currently 102 active condo listings (Down by 4 condos from last month).

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

16 Condos Sold in August (Down by 10 condos from July)

The Stuart FL 34996 Condo Market of Stuart weakened somewhat for August. Sales were down significantly. There was an increase in pending sales which will hopefully mean an increase in closed sales in the near future.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 6.4 months from July’s 4.1 months. Into a balanced 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 August 2017 were: 107 active listings, 39 pending sales, and 28 closed sales. Considerably stronger activity last year when compared to this August.

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Stuart FL 34996 Condo Market Report August 2018

Stuart FL 34994 Condo Market Report August 2018

09.18.18 by Gabe Sanders

Stuart FL 34994 Condo Market Report August 2018

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

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

There are currently 77 active condo listings (Down by 7 condos from July).

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

16 Condos Sold in August (Unchanged from July).

The Stuart FL 34994 Condo market remains a strong market with a strong number of pending sales. This should result in some strong sales in the coming months.

The absorption rate for August dipped to 4.8 months compared to last month’s 5.3. Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one. 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 August the numbers were 70 active listings, 30 pending sales, and 21 closed sales. Pending sales remain much stronger than last year while the closed sales were lower.

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Stuart, FL Real Estate

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Stuart FL 34994 Condo Market Report August 2018

Plantation at Sewalls Point September 2018 Market Report

09.18.18 by Gabe Sanders

Plantation at Sewalls Point September 2018 Market Report

For September 2018 there are two homes available for sale in the Plantation at Sewalls Point. List prices are $1,495,000 and $1,650,000. This is an average list price of $1,572,500 which equals $317.13 per sq. ft. of living area.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been only one sale in the Plantation at Sewalls Point. This home sold for $1,500,000 or $312.43 per sq. ft. of living area. This home was on the market for 399 days before going under contract. It sold for 97% of list price.

About Plantation at Sewalls Point:

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites. There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River. 11 smaller non-waterfront home-sites on 1/2 to 1 acre sites. All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400. The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Search here for homes for sale in the Plantation at Sewalls Point, Florida

Plantation at Sewalls Point September 2018 Market Report

Southwood Real Estate Market Report September 2018

09.17.18 by Gabe Sanders

Southwood Real Estate Market Report September 2018

For September 2018 there are no homes for sale in the Southwood community of Stuart, FL.

There are also no homes under contract.

In the past 12 months, 6 homes have sold in the Southwood subdivision of Stuart. The sales prices ranged from $345,000 up to $435,000. This is an average sales price of $388,983 which works out to $194.61 per sq. ft. of living area. These homes went under contract in an average of 40 days. These homes sold for an average of 98% of the last list price.

About Southwood in Stuart, FL:

Southwood is a small community of 115 home sites located just south east of Salerno Rd on Kanner Highway in Stuart FL. This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95. It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd. Just minutes to Martin Memorial South Hospital. Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools. All great schools. Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive. Currently this community is not gated, yet offers the utmost in privacy and safety. The homes were built from 1990 to 2001 and are all individual styles from various builders. This is not a cookie cutter community. Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

There are a number of ponds and creeks throughout Southwood. And, this community is mostly surrounded by either preserve lands or acreage. There is no community pool or clubhouse so the HOA fees are a very reasonable $285 a quarter as of this writing and include trash and basic cable TV. Though there are some magnificent nature trails through thepreserve areas.

Southwood is a gem of a neighborhood and is little known to many Martin County residents. There is very low turnover in this community. If you’re interested let us know and we can put you on a listing alert notification for this community.

Click here to see if any Southwood Homes are currently available

Southwood Real Estate Market Report September 2018

South Fork Estates Real Estate Market Report for September 2018

09.11.18 by Gabe Sanders

South Fork Estates Real Estate Market Report for September 2018

There are currently 2 homes for sale in South Fork Estates in Stuart FL. The listing prices are $465,000 and $575,000 for an average list price of $520,000 which equates to $206.03 per sq. ft. of living area.

There is one home under contract at this time in South Fork Estates. The list price was $460,000 or $191.67 per sq. ft. of living area. This home went under contract 26 days after coming on the market.

In the past 12 months, there has been only 1 sale in South Fork Estates. This home sold for $410,000 which was $164.66 per square foot of living area. This home was on the market for an 120 days before going under contract and sold for 94% of the listed price.

About South Fork Estates in Stuart FL:

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other. All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community. Those homes not on the lakes have private preserve views of the Atlantic Ridge.There are 114 homes in South Fork Estates. Homes were built from 1992 through as late as 2011. The majority of the homes were built between 1998 through 2005. Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500. There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area. Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters. Shopping and medical facilities are also close by. And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

South Fork Estates Market Report for September 2018

Tres Belle September 2018 Market Report

09.03.18 by Gabe Sanders

Tres Belle September 2018 Market Report

There are 3 homes currently for sale in the Tres Belle subdivision of Stuart FL. Listing prices are from $709,888 to $769,800 for an average list price of $738,129 which works out to $202.38 per sq. ft. of living area.

There is one home under contract. The list price was $699,500 or $228.82. This home was on the market for 186 days prior to going under contract.

Eight homes have sold in the past 12 months. Sales prices ranged from $620,000 up to $774,000. The average sales price was $699,813 which comes out to $209.52 per sq. ft. of living area. These homes sold on average of 74 days with sales prices at 98% of list price.

About Tres Belle in Stuart FL:

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.

The first homes were completed in 2007 and construction and sales of new homes continue to this date (September 2018). 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 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.

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 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.

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV. This is a pet friendly community.

Search here for all Stuart FL real estate

Tres Belle September 2018 Market Report

Four Winds on the River Condo August 2018 Market Report

08.31.18 by Gabe Sanders

Four Winds on the River Condo August 2018 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

For August of 2018 no condos are under contract and awaiting sale.

In the past 12 months, 3 condos have sold in Four Winds. These condos sold for prices ranging from $232,000 up to $346,500. This is an average sales price of $270,500 which works out to $178.66 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:

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 the 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.

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.

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

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Four Winds on the River Condo August 2018 Market Report

Foxwood Stuart FL August 2018 Market Update

08.27.18 by Gabe Sanders

Foxwood Stuart FL August 2018 Market Update

As of August 2018, there were no homes on the market in the Foxwood equestrian community in Stuart, FL.

There is 1 home under contract at this time. It was listed for $374,900 or $138.24 per sq. ft. of living area. This home was on the market for 47 days before going under contract.

In the past 12 months, there were a total of 4 sales in this sought after Stuart community. Sales prices ranged from $285,000 up to $600,000 for an average sales price of $453,250 which equals $190.40 per sq. ft. of living area. These sales averaged a sales price of 97% of the last list price and took an average of 89 days on the market before going under contract.

About Foxwood 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 a 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.

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

Construction of homes in Foxwood began in 1978. Four phase 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 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

For more information about this and other Martin County communities contact:
Gabe Sanders

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 August 2018 Market Update

Mariner Village August 2018 Real Estate Market Report

08.26.18 by Gabe Sanders

Mariner Village August 2018 Market Report

For August 2018, there are three homes for sale in the Mariner Village gated community of Stuart FL. Listing prices range from $289,900 up to $359,900 for an average list price of $323,233 which equals $176.82 per sq. ft. of living area.

There are currently four homes with pending sales that have not closed to date. These homes were listed for prices that ranged from $219,900 up to $329,000 for an average list price of $276,475 or $164.05 per sq. ft. of living area. These homes averaged 64 days on market before going under contract.

In the past 12 months, eighteen homes have sold in Mariner Village. Sales prices ranged from a low of $253,000 up to a high of $388,500 for an average sales price of $303,972 which works out to $159.86 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 41 days prior to going under contract.

About Mariner Village:

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.

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

The HOA fees include 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 is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Mariner Village August 2018 Real Estate Market Report

Mariner Sands August 2018 Market Report

08.21.18 by Gabe Sanders

Mariner Sands August 2018 Market Report

For late August 2018, there are 24 properties for sale in Mariner Sands. These 24 properties include a mix of condos and homes. The list prices range from $154,500 up to $599,000 for an average list price of $313,995 which works out to $140.27 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 $199,000 up to $479,000 for an average of $327,750 or $146.27 per sq. ft. of living area. These homes averaged 29 days on market prior to going under contract.

In the past 12 months, 44 homes and condos have sold. Sales prices ranged from $110,000 up to $840,000 for an average sales price of $409,225 which equals $143.91 per sq. ft. of living area. These homes averaged 103 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:

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 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.

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.

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.

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 August 2018 Market Report

Stuart FL 34996 Condo Market Report July 2018

08.16.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report July 2018

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

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

There are currently 106 active condo listings (Unchanged from last month).

25 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from June).

26 Condos Sold in July (Down by 3 condos from June)

The Stuart FL 34996 Condo Market of Stuart remains a very active market. Sales and pending sales were off from last month and no help with any increase in inventory. Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.1 months from June’s 3.7 months. Still in a strong sellers’ 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 July 2017 were: 122 active listings, 43 pending sales, and 21 closed sales. Better closed activity this year but much greater pending activity last year.

Are you interested in the value of your Stuart FL Condo?
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