River Forest May 2018 Market Report

As of May 2018, there are 2 homes for sale in River Forest. List prices are$319,900 and $379,900 for an average list price of $349,900 which equates to $202.21 per sq. ft. of living area.

There is one home currently under contract awaiting settlement. The list price for this home was $329,900 or $189.16 which was on the market for 39 days prior to going under contract.

In the past 12 months, 11 homes have sold in River Forest. Sales prices ranged from $254,500 up to $330,000 for an average sales price of $274,755 which equals $157.66 per sq. ft. of living area. Sales averaged 99% of list price and the average time on the market before going under contract was 32 days.

About River Forest in Stuart FL:

River Forest in Stuart Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest in Stuart Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

River Forest Community Pool in Stuart, Florida

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River Forest May 2018 Market Report

Stuart FL 34996 Condo Market Report April 2018

05.16.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report April 2018

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

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

There are currently 125 active condo listings (Down by 14 condos from last month).

59 Condo sales are pending and awaiting close or lender approval (Up by 4 condos from March).

39 Condos Sold in April (Up by 10 condos from March)

The Stuart FL 34996 Condo Market of Stuart had a very strong April with increases in closed and pending sales. Unfortunately, the inventory dropped.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.2 months from March’s 4.8 months. Moving to a stronger 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 April 2017 were: 148 active listings, 35 pending sales, and 40 closed sales. Better activity last year on a slightly higher inventory.

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Stuart FL 34996 Condo Market Report April 2018

Stuart FL 34994 Condo Market Report April 2018

05.14.18 by Gabe Sanders

Stuart FL 34994 Condo Market Report April 2018

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

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

There are currently 97 active condo listings (Down by 30 condos from March).

75 Condo sales are pending and awaiting close or lender approval. (Increased by 8 condos from last month)

28 Condos Sold in March (Increased by 2 condos from March).

The Stuart FL 34994 Condo market lost a significant amount of inventory with bery strong sales and pending activity for the month.

The absorption rate for March dropped to 3.5 months compared to last month’s 4.9. Even a stronger seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’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 April the numbers were 90 active listings, 31 pending sales, and 29 closed sales. Considerably greater pending activity for this year.

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Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
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Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

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Stuart FL 34994 Condo Market Report April 2018

Cedar Pointe Village 7, 1 BR Condo Sold

05.03.18 by Gabe Sanders

Cedar Pointe Village 7, 1 BR Condo Sold

This 1 bedroom 1 and 1/2 bathroom condo in building 116 Unit 7 has sold for $55,000. This Cedar Pointe Village 7, second-floor condo didn’t even have a chance to make it to the MLS. Both the buyer and the seller introduced through Gabe Sanders, Stuart Florida Real Estate and made a mutually acceptable sale.

An active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas. One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

This 55+ community is the jewel of the Stuart area condominiums because of its location, reasonable condo fees from $235.00 a month up to the high $325.00 per month depending on the size and location as each village sets their own budget. Cedar Pointe does not allow dogs. One indoor cat is permitted in Villages 1 through 5.

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units. Each condo has one assigned parking spot along with numerous guests spots throughout the complex. Laundry facilities are available in each building.

Currently a very affordable complex for those looking for a full-time Stuart, Florida home or just a winter getaway.

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Cedar Pointe Village 7, 1 BR Condo Sold

Whitemarsh Reserve April 2018 Market Report

05.01.18 by Gabe Sanders

Whitemarsh Reserve April 2018 Market Report

For April 2018, there are 7 homes available for sale in Whitemarsh Reserve in Stuart FL. These homes are listed from $238,500 up to $289,000. This is an average list price of $268,671 which equals $131.55 per sq. ft. of living area.

There is 1 townhouse currently under contract. This home was listed for $234,900 or $134.00 per sq. ft. of living area. This home went under contract 36 days after being listed.

In the past 12 months, 10 homes have sold in Whitemarsh Preserve. Sales prices ranged from $192,000 up to $253,000 for an average sales price of $228,080 which is $127.33 per sq. ft. of living area. These homes averaged 44 days on market prior to going under contract and sold for an average of 97% of list price.

About Whitemarsh Reserve:

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012. The initial townhomes were larger than the last ones that were built. With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

This is a pet friendly community allowing up to one large dog. Rentals are also allowed with some restrictions. The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup and the manager.

Only minutes to I-95 for those wishing to commute either north or south. Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches and recreational activities.

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Whitemarsh Reserve April 2018 Market Report

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Pierpoint Yacht Club April 2018 Market Report

04.28.18 by Gabe Sanders

Pierpoint Yacht Club April 2018 Market Report

There are 2 active listings in Pierpoint for April 2018. List prices are $154,500 and $285,000 for an average list price of $219,750 which equates to a per sq. ft. price of $169.04.

There are 3 condos currently under contract. List prices ranged from $157,500 up to $269,000 for an average list price of $196,167 which is $150.90 per sq. ft. of living area. These condos were on the market for an average of 96 days prior to going under contract.

In the past 12 months, 15 condos have sold in Pierpoint. Sale prices ranged from $79,900 up to $260,000 for an average sales price of $152,813 which equals $122.23 per sq. ft. of living space. These condos were under contract in an average of 82 days and sold at an average of 93% of the list price.

About Pierpoint in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock.

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

As of April 2018 the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo. These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

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Pierpoint Yacht Club April 2018 Market Report

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Beachwood Villas Oceanfront Condo Sold

04.23.18 by Gabe Sanders

Beachwood Villas Oceanfront Condo Sold

2355 NE Ocean Blvd Unit: 5-B in Beachwood Villas on Hutchinson Island in Stuart, FL has been sold with the buyer assisted by Gabe Sanders, Stuart FL Real Estate. This is a totally updated and turnkey condo that did not even make it on the market. The sales price was $449,500.

About Beachwood Villas on Hutchinson Island in Stuart FL:Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two bedroom, two bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Many units have direct oceanfront views and all of the condos have under building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

At the time of this writing management and condo fees are approximately $530 per month. Beachwood Villas is a pet-friendly community with two large dogs permitted for owners.

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

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Additional Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Buttonwood – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Maritimes – Ocean View – Sailfish Point – Sandpebble – Suntide

Stuart Florida Real Estate
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Beachwood Villas Oceanfront Condo Sold

Stuart FL 34996 Condo Market Report March 2018

04.16.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report March 2018

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

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

There are currently 139 active condo listings (Down by 2 condos from last month).

55 Condo sales are pending and awaiting close or lender approval (Unchanged from February).

29 Condos Sold in March (Unchanged from February)

The Stuart FL 34996 Condo Market of Stuart showed almost no change in activity from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 inched down to 4.8 months from February’s 4.9 months. Remaining in a 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 March 2017 were: 148 active listings, 58 pending sales and 36 closed sales. Better activity last year on a slightly higher inventory.

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