Tres Belle August 2017 Market Report

There are 4 homes currently for sale in the Tres Belle subdivision of Stuart FL. Listing prices are from $599,000 to $949,000 for an average list price of $722,000 which works out to $239.41 per sq. ft. of living area.

There are currently no homes under contract.

15 homes have sold in the past 12 months. Sales prices ranged from $560,000 up to $898,900. The average sales price was $678,272 which comes out to $200.97 per sq. ft. of living area. These homes sold on average of 124 days with sales prices at 97% of list price.

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 (August 2017). 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 are 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.

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Tres Belle August 2017 Market Report

Mariner Village August 2017 Real Estate Market Report

08.26.17 by Gabe Sanders

Mariner Village February 2017 Market Report

For August 2017, there are 4 homes for sale in the Mariner Village gated community of Stuart FL. These homes range in asking prices from $264,990 up to $349,900 with an average list price of $304,723 which equals $154.41 per sq. ft. of living area.

There are currently 2 homes with pending sales that have not closed to date. These homes were listed for $289,900 up and $299,900 for an average list price of $294,900 or $153.97 per sq. ft. of living area. These homes averaged 44 days on market before going under contract.

In the past 12 months, 27 homes have sold in Mariner Village. Sales prices ranged from a low of $250,000 up to a high of $325,000 for an average sales price of $290,441 which works out to $154.97 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 64 days.

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 2017 Real Estate Market Report

Mariner Sands August 2017 Market Report

08.22.17 by Gabe Sanders

Mariner Sands August 2017 Market Report

For late August 2017 there are 38 properties for sale in Mariner Sands. These 38 properties include a mix of condos and homes. The list prices range from $144,900 up to $599,000 for an average list price of $341,821 which works out to $139.51 per sq. ft. of living area.

There are 10 homes under contract (pending) which have not completed the sales process to date. List prices were from $225,000 up to $675,000 for an average of $$403,560 or $159.07 per sq. ft. of living area. These homes averaged 119 days on market prior to going under contract.

In the past 12 months, 42 homes and condos have sold. Sales prices ranged from $128,000 up to $600,000 for an average sales price of $372,121 which equals $141.60 per sq. ft. of living area. These homes averaged 111 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 it’s 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 capitol contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands August 2017 Market Report

Stuart FL 34996 Condo Market Report July 2017

08.16.17 by Gabe Sanders

Stuart FL 34996 Condo Market Report July 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2017

For July 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Decreased by 10 condos from last month).

43 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from June).

21 Condos Sold in July (Down by 5 condos from June)

The Stuart FL 34996 Condo Market of Stuart had fewer sales for July when compared to last month but continues with very strong activity through the summer.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.8 months from June’s 5.1 months. Remaining as a sellers market for this segment of Martin County condos, but mow almost a balanced market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2016 were: 120 active listings, 33 pending sales and 16 closed sales. Stronger activity for this year when compared to July of 2016.

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Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34994 Condo Market Report July 2017

08.14.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report July 2017

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for July 2017

For July 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 77 active condo listings (Down by 13 condos from June).

41 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month)

30 Condos Sold in July (Up by 9 condos from June).

The Stuart FL 34994 Condo market showed surprisingly strong activity for a typically slowe summer season. A very hot market (pun intended).

The absorption rate for July dropped to 2.6 months compared to last month’s 4.3. An even stronger sellers’ 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 July the numbers were 74 active listings, 29 pending sales, and 10 closed sales. Much better activity for this year when compared to July of 2016.

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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2017

The Yacht and Country Club of Stuart July 2017 Market Report

08.05.17 by Gabe Sanders

The Yacht and Country Club of Stuart July 2017 Market Report

July 2017 Market Update:

There are 18 homes currently for sale in the Yacht and Country Club of Stuart. Listing prices are from $199,000 to $1,500,000 for an average list price of $516,364 which works out to $211.52 per sq. ft. of living area.

There are currently 7 homes under contract ranging in list price from $270,000 up to $1,149,000. The average list price of these pending sales is $543,698 or $201.18 per sq. ft. of living area. These homes averaged 160 days on market before going under contract.

32 homes have sold in the past 12 months. Ranging in sales price from $206,500 to $755,000. The average sales price was $360,897 which comes out to $164.69 per sq. ft. of living area. These homes went under contract in an average of 94 days with sales prices averaging for 96% of list price.

About the Yacht and Country Club of Stuart:

The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast. This fine gate guarded community boasts water front 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 ‘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 clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a resident massage therapist. Tennis is provided by ix lighted Har-Tru tennis courts and also residents are provided with two lighted croquet lawns.

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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The Yacht and Country Club of Stuart July 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

07.29.17 by Gabe Sanders

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

As of July 2017, there are 10 condos for sale in the Circle Bay Yacht Club of Stuart FL. Listing prices range from $169,900 up to $229,500. The average listing price $199,970 which equals a price per square foot of living area of $199.71.

There is one Circle Bay condo under contract and awaiting close. The list price was $129,000 or $171.77 per sq. ft. of living area. This condo was on the market for 26 days before going under contract.

In the past 12 months, 22 Circle Bay Waterfront Condos have sold. Sales prices ranged from a low of $95,500 up to $245,000 for an average sales price of $171,564 which is $168.62 per sq. ft. These condos sold for an average of 96% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

The Circle Bay condo complex is a 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. Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. Rentals are permitted with restrictions. Sorry, no pets. Circle Bay has both elevator and non-elevator buildings. Covered car ports.

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Stuart FL 34996 Condo Market Report June 2017

07.14.17 by Gabe Sanders

Stuart FL 34996 Condo Market Report June 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2017

For June 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 132 active condo listings (Decreased by 5 condos from last month).

40 Condo sales are pending and awaiting close or lender approval (Increased by 4 condos from May).

26 Condos Sold in June (Down by 4 condos from May)

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for June. Just minor differences from last months strong activity.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.1 months from May’s 4.6 months. Remaining as a sellers market for this segment of Martin County condos, but drifting towarsd a balanced market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2016 were: 74 active listings, 27 pending sales and 21 closed sales. Stronger activity for this year when compared to June of 2016.