Bay Colony of Stuart June 2017 Market Report

06.12.17 by

Bay Colony of Stuart June 2017 Market Report

As of June 2017, there was only 1 active listing in the Bay Colony of Stuart. This home is listed for $675,000 or $215.31 per sq. ft. of living area.

There is also one home under contract which has not sold to date.  This home was listed for $749,900 which is $211.24. This home was on the market for 88 days before going under contract.

3 homes have sold in the past 12 months.  The sales prices were from $610,000 up to $885,000 which averages to  $765,000 which equals $$258.86 per sq. ft. of living area. These sales averaged 97% of listing price and the average days on market prior to going under contract was 179 days.

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The Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River.  There are 34 home sites in Bay Colony and as of February 2017, only two vacant lots remain.

Bay Colony of Stuart

Many homes in Bay Colony are waterfront and enjoy gorgeous mile long wide open views of the river.  Homes come in sizes from 3 bedroom, 2 bathroom homes of just over 2,000 sq. ft. of living area up to a 5 bedroom, 5 bathroom home with over 5,000 sq. ft. of living space and almost 6,300 sq. ft. under roof.  Homes have been built from 1979 to the newest which was completed in 2005.

Bay Colony of Stuart Bay Colony of Stuart

This community enjoys low HOA fees of only $810 per year (June 2017) which go towards maintaining the common areas, management fees, trash pickup, and gate.

Excellent location that’s close to the Treasure Coast Mall and the shopping areas of US-1 in Jensen Beach as well as only a few minutes to the beaches of the Atlantic Ocean.

This community is in the Martin County School system and children attend the Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.

 Bay Colony of Stuart Bay Colony of Stuart

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Bay Colony Homes for Sale

Bay Colony of Stuart June 2017 Market Report

 

Sailfish Point May 2017 Market Report

05.29.17 by

Sailfish Point May 2017 Market Report

Sailfish Point Homes:  There are 20 homes available to purchase in Sailfish Point.  These homes are available for purchase at prices ranging from $869,000 up to $7,900,000 for an average list price of $2,557,694 which equals $440.30 per sq. ft. of living area.

There are 6 homes currently pending sales.  List prices range from $899,000 up to $7,500,000 for an average list price of $3,072,333 or $491.99 per sq. ft. of living area.  These homes averaged 147 days on the market before going under contract.

In the past 12 months, 20 homes have sold in Sailfish Point.  Sales prices ranged from $585,000 up to $9,000,100 for an average sales price of $2,442,608 which works out to $386.94.  These homes sold for an average of 90% of the final list price and also averaged 216 days on market before going under contract.

Sailfish Point Condos:  There are 17 condos available to purchase in Sailfish Point.  These condos are available for prices ranging from $490,000 up to $1,450,000 for an average list price of $831,159 which equals $322.82 per sq. ft. of living area.

There are two condos currently under contract.  The list prices are $749,000 and $1,250,000 for an average list price of $999,500 or $262.49 per sq. ft. of living area.  These condos were on the market for an average of 204 days prior to going under contract.

In the past 12 months, 9 condos have sold in Sailfish Point.  Sales prices ranged from $577,500 up to $1,200,000 for an average sales price of $810,500 which works out to $316.78.  These homes sold for an average of 92% of the final list price and also averaged 171 days on market before going under contract.

About Sailfish Point on Hutchinson Island

Sailfish Point is a truly world-class facility for everyone, with special emphasis for golfers and boaters. Almost completely surrounded by tropical waters this wonderful community has earned the reputation of being one of Florida’s most exclusive private residential enclaves on one of the world’s most naturally beautiful settings.

Located directly on the Atlantic Ocean adjacent to the St. Lucie Inlet at the Southern tip of Hutchinson Island makes Sailfish Point a truly unique community. Situated on 532-acres with only 520 homes there’s ample room for privacy and nature’s beauty.   The lucky residents of Sailfish Point can enjoy five miles of pristine Atlantic shoreline, a Jack Nicklaus “Signature” golf course, elegant full-service beachfront country club with tennis, fitness center and more and a full-service deep water marina with immediate ocean access.

In addition to the private homes, there are a few spectacular waterfront townhomes and a number of spacious ocean and inlet facing condominiums.

Some Sailfish Point benefits include:

  • 24-hour manned gated entry, security staff is on duty 24/7
  • Jack Nicklaus Signature Golf Course
  • 60,000 square foot oceanfront clubhouse
  • The community pool features swim lanes, a hot tub and a separate splashing area for the kids.
  • The Tennis Center includes eight Har-Tru® courts (five lighted), and two full-time tennis pros as well as a stocked pro shop.
  • The full-service, private Marina and Yacht Club offers 77 deep water slips and can accommodate vessels up to 125 feet long.  This protected marina is only minutes from the Inlet and just a quick day’s sail to the Bahamas.
  • The Fitness Center offers the very latest in cardiovascular and weight-training machines and free weights. Personal trainers are available to provide a complete fitness evaluation and workout regimen and classes in Pilates, yoga, spinning, dance, jazzercise and general fitness are offered.
  • The private, luxurious Sailfish Point spa offers specialty massages, body treatments, facials, manicures, pedicures, makeup, nail services and complete hair care.

Search here for all Sailfish Point Real Estate in Stuart Florida

Sailfish Point May 2017 Market Report

River Marina May 2017 Market Report

05.28.17 by

River Marina May 2017 Market Report

For May 2017, there are 12 homes available for sale in River Marina.  6 of these are single family homes and also 6 are townhomes and range in price from $186,000 to $475,000 for an average price of $318,198 or $159.90 per sq. ft. of living area.

There are 4 homes under contract (all are townhomes).  List prices ranged from $177,500 up to $231,790 for an average of $204,995 which equals $126.72 per sq. ft. of living area.  These homes went under contract in an average of 73 days after going on the market.

In the past 12 months, 38 homes have sold in River Marina (6 single family and 32 townhomes).  Sales prices ranged from $$169,000 up to $430,000 .  The average sales price was $226,429 which works out to $$133.03 per sq. ft. of living area.  These homes sold on average for 98% of listing price and were under contract in an average of 53 days on market.

River Marina real estate in Stuart FL

River marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River marina are in a gated enclave.

River Marina real estate in Stuart FL

Also available are newer townhomes in a non-gated area. Currently only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

River Marina real estate in Stuart FL

As of early 2016, construction has resumed for River Marina townhomes by Lennar Homes.  These new townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite counter tops and stainless steel appliances.   Priced attractively in the very low $200’s.  For a new buyer discount program, please contact Gabe Sanders with the BlueWater realty team for details.

River Marina real estate in Stuart FL

HOA fees for the townhomes are only $87 per month while the single family homes have a $98 a month fee.  

River Marina real estate in Stuart FL

Search for homes and townhomes for sale in River Marina

River Marina May 2017 Market Report

River Forest May 2017 Market Report

05.25.17 by

River Forest May 2017 Market Report

As of May 2017, there are 6 homes for sale in River Forest.  List prices are from $230,000 up to $274,900 for an average list price of $257,263 which equates to $147.35 per sq. ft. of living area.

There are four homes currently under contract awaiting settlement.  List prices are from $257,500 up to $269,900 for an average list price of $266,800 or $161.25 per sq. ft. of living area.  These homes went under contract in an average of 19 days after going on the market.

In the past 12 months, 19 homes have sold in River Forest.  Sales prices ranged from $236,000 up to $290,000 for an average sales price of $260,442 which equals $145.91 per sq. ft. of living area.  Sales averaged at 97% of list price and the average days on market before going under contract was 35.

River Forest Club House, Stuart, Florida

River Forest Club House, 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 Community Pool in Stuart, Florida

River Forest Community Pool in Stuart, Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

River Forest Boating in Stuart, Florida

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River Forest May 2017 Market Report

Stuart FL 34996 Condo Market Report April 2017

05.14.17 by

Stuart FL 34996 Condo Market Report April 2017

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

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

There are currently 148 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report April 2017

35 Condo sales are pending and awaiting close or lender approval (Decreased by 23 condos from March).

Stuart FL 34996 Condo Market Report April 2017

40 Condos Sold in April (Up by 4 condos from March) 

Stuart FL 34996 Condo Market Report April 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for April but a sizeable drop in pending sales.  This is often an indication of upcoming slower closed activity in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.7 months from March’s 4.1 months.  The second month of 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 April 2016 were: 126 active listings, 48 pending sales and 37 closed sales.  Similar activity when compared to last year, but with a greater availability of condos this year.

Stuart FL 34996 Condo Market Report April 2017

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Stuart FL 34996 Condo Market Report April 2017

Stuart FL 34994 Condo Market Report April 2017

05.12.17 by

Stuart FL 34994 Condo Market Report April 2017 

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

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

There are currently 90 active condo listings (Up by 2 condos from March).

Stuart FL 34994 Condo Market Report April 2017

31 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month) 

Stuart FL 34994 Condo Market Report April 2017

29 Condos Sold in April (Up by 8 condos from March).

Stuart FL 34994 Condo Market Report April 2017

The Stuart FL 34994 Condo market continues to be a strong sellers market.  There was a sizeable increase in closed sales from last month along with a decrease in pending sales.  Might be an indication of a bit less activity for the coming months.

The absorption rate for April dropped to 3.1 months compared to last month’s 4.2.  Drifting into a 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 April the numbers were 97 active listings, 35 pending sales, and 19 closed sales.  Better closed sales activity for this year.

Stuart FL 34994 Condo Market Report April 2017

Stuart, FL Real Estate

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

The Courtyards at Willoughby April 2017 Market Report

04.26.17 by

The Courtyards at Willoughby April 2017 Market Report

There are 2 homes for sale in the Courtyards at Willoughby for April 2017.  These homes are listed for $219,900 and $228,000 for an average of $223,950 which equals 129.72 per sq. ft. of living space.

There are 2 condos currently under contract.  List prices were $159,900 and $169,000 for an average list price of $164,450 which is $143.25 per sq. ft. of living space.  These condos were on the market for an average of 24 days before going under contract.

In the past 12 months, 3 condos have sold in the Courtyards of Willoughby with sales prices ranging from $144,500 to $215,000 for an average sales price of $183,500 and this equals $117.07 per sq. ft. of living space.  These condos sold for an average of 98% of list price with an average of 104 days on market before going under contract.

Courtyards of Willoughby in Stuart FLThe charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (April 2017) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

The Courtyards at Willoughby in Stuart FL

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

The Courtyards at Willoughby in Stuart FL

As of April 2017 there is only one active listing in the Courtyards at Willoughby.  It is a 3 bedroom, 2 bath townhome with a two car garage.  The list price is $195,000.

There are three pending listings.  All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby.  Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area.  There were no foreclosures and one shortsale in this group of sales.

Search Here for Courtyards at Willoughby Condos for Sale

The Courtyards at Willoughby April 2017 Market Report


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Whitemarsh Reserve April 2017 Market Report

04.26.17 by

Whitemarsh Reserve April 2017 Market Report

In late April 2017 there are five homes available for sale in Whitemarsh Reserve.  List prices range from $189,999 to $277,000 for an average list price of $245,200 or $134.43 per sq. ft. of living area.

There are 6 townhouses that are under contract.  List prices for these pending sales are from $224,900 to $255,000 for an average list price of $237,450 which equals $121.89 per sq. ft. of living area.  The average days on market for these homes was 37 days before going under contract.

In the past 12 months, 19 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $203,000 to $252,500 for an average sales price of $233,842 which is $115.16 per sq. ft. of living area.  These homes averaged 49 days on market prior to going under contract and sold for an average of 96% of list price.

Whitemarsh Reserve in Stuart FL

About the Whitemarsh Reserve Townhomes in Stuart FL:

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 town homes 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 in Stuart FL Whitemarsh Reserve in Stuart FL

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.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA fee as of April 2017 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

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, variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Whitemarsh Reserve in Stuart FL

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Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve April 2017 Market Report

Stuart Florida Real Estate is presented by:
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Pierpoint Yacht Club April 2017 Market Report

04.23.17 by

Pierpoint Yacht Club April 2017 Market Report

There are 4 active listings in Pierpoint for early April 2017.  List prices range from a low of $94,888 up to a high of $178,500 for an average list price of $135,722 which equates to a per sq. ft. price of $111.22.

There are 4 condos currently under contract. These condos were listed from $109,900 up to $199,000 for an average list price of $159,700 or $126.69 per sq. ft. of living space.  These condos averaged 78 days on the market before going under contract.

In the past 12 months, 13 condos have sold in Pierpoint.  Sale prices ranged from $$87,000 to $229,900 for an average sales price of $134,338 which equals $106.38 per sq. ft. of living space.  These condos were under contract in an average of 87 days and sold at an average of 95% of the list price.

 Pierpoint Condos for Sale in Stuart FLAbout the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock.  First floor, end unit overlooking a peaceful courtyard and pond with a fountain.  Clean, freshly painted, vacant unit just perfect for you!

Pierpoint Condos for Sale in Stuart FLLocated 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 Condos for Sale in Stuart FLPierpoint 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.

 Pierpoint Condos for Sale in Stuart FL

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.

 Pierpoint Condos for Sale in Stuart FL

As of April 2017 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.

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

 

Pierpoint Yacht Club April 2017 Market Report

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Central Stuart Home on Mango Place Sold

04.19.17 by

Central Stuart Home on Mango Place Sold

1508 SE Mango Place in Stuart FL was listed for $350,000 and sold with the assistance of Gabe Sanders – Stuart Florida Real Estate for $330,000 to a long time Stuart resident returning to the area.

Stuart Vintage Home on Double Lot

Located in one of the most sought after neighborhoods in the historic Stuart area, this classic Florida home has it all with a wonderful vintage feel. Situated on a double lot, 110′ x 125′. Meticulously maintained inside and out with lush landscaping, mature fruit trees, a butterfly garden and a private back yard with plenty of room for a pool.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Ride the bikes or go for a walk in the tree-lined, park-like neighborhood that you’ll love to call home. Cedar wood ceilings and recently re-finished, beautiful terrazzo floors add to the charm of this well preserved treasure. Conveniently located close to downtown for shopping / dining and the beaches for fun in the sun. Other features include; vintage cabinetry, large screened-in lanai porch, new metal roof in 2011, new carport and paver driveway and patio in 2008, storm shutters, storage area, 8 zone sprinklers, outside shower and a walk-in master shower.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Search here for all central Stuart FL homes for sale

For additional information about Stuart FL real estate visit my website or give me a call at (772) 888-2885

Suntide Oceanfront Condo 104 Sold

04.18.17 by

Suntide Oceanfront Condo 104 Sold

Suite 104 in Suntide has sold.  This condo was listed for $315,000 and sold for $312,500.  View more pictures and information about this condo here.

A spacious condo with just under 1,800 sq. ft. of living area in the Suntide Condominium of Stuart FL. This 2 bedroom, 2 bathroom condo has been well maintained and offers ample storage as well as plenty of flex room if you need more space for additional visitors. The enclosed patio offers great peeks at the Ocean and green space. This first floor condo also has additional storage, under building parking, community pool, sundeck, exercise room, clubhouse with kitchen and party area as well as billiards and a game room. All in a wonderful oceanfront location that is close to the Publix market as well as downtown Stuart.

Pool of Suntide Condo on Hutchinson Island Pool of Suntide Condo on Hutchinson Island

About Suntide Condos on Hutchinson Island

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Fitness Room in the Suntide Condo on Hutchinson Island Game room in the Suntide Condo on Hutchinson Island

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

Tennis Courts of Suntide Condo on Hutchinson Island Shufleboard Courts in Suntide Condo on Hutchinson Island

As of November 2016, condo fees in Suntide varied from $450 to $570 a month depending on the size of the condo. This fee includes Cable, Common Areas, Elevator, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Parking, Pest Control, Reserve Funds, Roof Maintenance, Sewer and Water.

Under Building Parking for the Suntide Condo on Hutchinson Island Pool of Suntide Condo on Hutchinson Island

Sundeck of the Suntide Condo on Hutchinson Island Suntide Condo on Hutchinson Island

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Stuart FL 34996 Condo Market Report March 2017

04.15.17 by

Stuart FL 34996 Condo Market Report March 2017

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

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

There are currently 148 active condo listings (Down by 5 condos from last month).

Stuart FL 34996 Condo Market Report March 2017

58 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from February).

Stuart FL 34996 Condo Market Report March 2017

36 Condos Sold in March (Up by 17 condos from February) 

Stuart FL 34996 Condo Market Report March 2017

The Stuart FL 34996 Condo Market of Stuart showed a continued reduction of available condos for sale (inventory) while sales and pending sales both rose.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.1 months from February’s 8.1 months.  Back into 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 2016 were: 114 active listings, 53 pending sales and 29 closed sales.  Much stronger market this year when compared to last March.

Stuart FL 34996 Condo Market Report March 2017

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2017

Stuart FL 34994 Condo Market Report March 2017

04.13.17 by

Stuart FL 34994 Condo Market Report March 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2017

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

 

There are currently 88 active condo listings (Down by 13 condos from February).

Stuart FL 34994 Condo Market Report March 2017

38 Condo sales are pending and awaiting close or lender approval. (Increased by 10 condos from last month) 

Stuart FL 34994 Condo Market Report March 2017

21 Condos Sold in March (Down by 2 condos from February).

Stuart FL 34994 Condo Market Report March 2017

The Stuart FL 34994 Condo market continues to get stronger with an increase in closed sales and continued strong pending numbers as well.  Unfortunately the inventory has gone down reducing the number of available condos for this segment of the Stuart condo market.

The absorption rate for March dropped to 4.2 months compared to last month’s 4.9.  Drifting into a 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 March the numbers were 96 active listings, 38 pending sales, and 15 closed sales.  Similar number of pending sales with an increase in completed sales and a lower inventory for this March when compared to last year.

Stuart, FL Real Estate

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

Suntide Condos on Hutchinson Island April 2017 Market Report

04.09.17 by

Suntide Condos on Hutchinson Island April 2017 Market Report

As of April 2017, there are 5 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices range from $249,000 to $379,000 with an average list price of $305,380 which equals $242.90 per sq. ft. of living area.

There is one condo under contract which has not sold to date.  The list price is $315,000 or $176.57 per sq. ft. of living area.  This condo was on the market for 90 days before going under contract.

There have been 5 condos sold in the past 12 months in Suntide.  The sales prices ranged from $310,000 to $360,000 for an average sales price of $335,800 which equals $266.05 per sq. ft. of living area. These sales averaged at 97% of the last list price and also were on the market for an average of 29 days before accepting an offer that led to the sale.

Suntide Condos on Hutchinson Island

Pool for Suntide Condos

Suntide Condos on Hutchinson Island

Sun Deck of Suntide Condos

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.
Suntide Condos on Hutchinson Island

Beach access for Suntide Condos

Suntide Condos on Hutchinson Island

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

Suntide Condos on Hutchinson Island

Entrance to Suntide Condos

Suntide Condos on Hutchinson Island

Fitness Room in Suntide Condos

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Suntide Condos on Hutchinson Island April 2017 Market Report

Hutchinson House April 2017 Market Report

04.07.17 by

 Hutchinson House April 2017 Market Report

As of April 2017, there are 3 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  These condos have listing prices from $349,900 up to $529,000 for an average list price of $409,633 or $318.61 per sq. ft. of living area.

There are no condos currently under contract.

9 condos have sold in the past 12 months in Hutchinson House.  Sales prices ranged from $218,000 to $495,000 for an average of $294,722 or $231.68 per sq. ft. of living area.  These condos sold for 95% of the last list price and averaged 45 days on market prior to going under contract.
Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, club house, pools, spa/jacuzzi, tennis and a private beach.

Hutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the river side is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.

The Hutchinson House condos are one of the few condo developments that is pet friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

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Hutchinson Island Real Estate is presented by:
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Maritimes April 2017 Market Report

04.05.17 by

Maritimes April 2017 Market Report

As of April 2017, there are 2 condos on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  The list prices are $$299,900 and $409,990 for an average list price of $354,945 which equals $249.29 per sq. ft. of living area.

There are 3 Maritimes condos currently under contract.  List prices ranged from a low of $280,000 up to a high of $549,000 for an average that equals $404,667 that works out to $252.50.  These condos were on the market for an average of 28 days before going under contract.

There has been only 1 condo sold in the past 12 months in the Maritimes.  The sales price was $600,000 which is  $283.55 per sq. ft. of living area and this condo sold for 97% of the listed price and was on the market for 532 days before going under contract.

About the Maritimes on Hutchinson Island

Maritime Condos and Townhomes on Hutchinson Island

Entrance to the Maritimes

 

Maritime Condos and Townhomes on Hutchinson Island

Beach Access at the Maritimes

The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL.  Offering larger than normal homes on both the river and Oceanside settings.  The riverside (or Maritimes West has a lovely private sand beach with kayak storage for those not wishing to play in the surf or for those days when the it’s a bit windy on the beach side.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

 

Maritime Condos and Townhomes on Hutchinson Island

Docks of the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Views from the Maritimes

The Maritimes condos were constructed between 1975 and 1988.  With the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos to over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

Maritime Condos and Townhomes on Hutchinson Island

Kayak Storage at the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

River views from the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Tennis Court of the Maritimes


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Hutchinson Island Real Estate is presented by:
the Gabe Sanders real estate team

Maritimes April 2017 Market Report

Emerald Lakes Stuart FL March 2017 Market Report

03.29.17 by

Emerald Lakes Stuart FL March 2017 Market Report

For March 2017 there are only 5 homes for sale in Emerald Lakes in Stuart FL.  Listing prices range from $141,500 up to $259,500 for an average list price of $193,980 which equates to $140.80 per sq. ft.

There are currently 7 homes under contract.  List prices are from $127,000 to $169,900 for an average of $153,871 which equals $108.50 per sq. ft. of living area.  The average days on market was 76 days before these homes went under contract.

In the past 12 months there have been 44 sales in Emerald Lakes.  Sales prices ranged from $70,000 to $250,000 for an average of $156,367 or $113.34 per sq. ft. of living space.  These sales prices averaged for 97% of list price and were on the market for an average of 23 days before going under contract.

Emerald Lakes Town Homes and Villas in Stuart FL

About 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 town homes and 130 single family villas.  The town homes and villas are governed by two separate home owners 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 club houses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreem’s, 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

 

Stuart FL 34996 Condo Market Report February 2017

03.21.17 by

Stuart FL 34996 Condo Market Report February 2017

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

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

There are currently 153 active condo listings (Down by 17 condos from last month).

Stuart FL 34996 Condo Market Report February 2017

56 Condo sales are pending and awaiting close or lender approval (Increased by 25 condos from January).

Stuart FL 34996 Condo Market Report February 2017

19 Condos Sold in February (Down by 3 condos from January) 

Stuart FL 34996 Condo Market Report February 2017

The Stuart FL 34996 Condo Market of Stuart showed a reduction of inventory with a large jump in pending sales, indicating a potential for better closed sales coming up in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose slightly to 8.1 months from January’s 7.7 months.  Remaining in a buyers 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 February 2016 were: 118 active listings, 53 pending sales and 18 closed sales.  Much more inventory this year with slightly greater volume of both closed and pending sales.

Stuart FL 34996 Condo Market Report February 2017

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Stuart FL 34996 Condo Market Report February 2017

Stuart FL 34994 Condo Market Report February 2017

03.19.17 by

Stuart FL 34994 Condo Market Report February 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2017

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

 

There are currently 101 active condo listings (Up by 10 condos from January).

Stuart FL 34994 Condo Market Report February 2017

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 12 condos from last month) 

Stuart FL 34994 Condo Market Report February 2017

23 Condos Sold in February (Up by 5 condos from January).

Stuart FL 34994 Condo Market Report February 2017

The Stuart FL 34994 Condo market continues with strong activity for the 2017 condo real estate market.

The absorption rate for February dropped to 4.9 months compared to last month’s 5.1.  Continuing as a buyers’ 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 91 active listings, 32 pending sales, and 20 closed sales.   Slightly better closed sales volume while weaker pending sales on slightly greater inventory.

Stuart FL 34994 Condo Market Report February 2017

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

Tres Belle March 2017 Market Report

03.07.17 by

Tres Belle March 2017 Market Report

There are 5 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $615,000 to $825,000 for an average list price of $747,780 which works out to $216.70 per sq. ft. of living area.

There is currently 1 home under contract that was listed for $580,000 or $226.92 per sq. ft. of living area.  This home was on the market for 77 days before going under contract.

12 homes have sold in the past 12 months.  Sales prices ranged from $574,900 to $899,900.  The average sales price was $689,454 which comes out to $198.60 per sq. ft. of living area.  These homes sold on average of 125 days with sales prices at 98% of list price.

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 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 Stuart Florida real estate Tres Belle Stuart Florida real estate

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.

pool 1 Tres Belle Stuart Florida real estate

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 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 $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 March 2017 Market Report