After Easter, Stuart Spring Real Estate Season Blossoms

When the first spring day comes along (as opposed to the first day of spring), a goodly proportion of our Stuart residents feel the annual pull toward the garden store aisles. Even those who’ve stoutly resisted ordering seeds, gardening tools, or any of the other back yard paraphernalia the catalogs kept hawking all winter can succumb to this particular Call of Nature.

Burpee, Scotts and Miracle-Gro shareholders can relax: spring has sprung.

The Stuart spring real estate selling season starts stirring, too, pretty much in lockstep with the appearance of the tulips. Whether or not the tulips have succeeded in poking up out of the ground, it’s a cinch that by this time they will have made colorful appearances on store shelves everywhere, just like the Peeps and chocolate bunnies. Unlike the rest of the early spring’s trappings, though, the spring real estate phenomenon doesn’t disappear from sight once Easter Sunday is a memory. In fact, it picks up steam.

There are any number of explanations why spring real estate in Stuart is always expected to ramp up. Part of the reason is the calendar. For families with children, if a move is going to involve a change in school districts, summer vacation is the least disruptive time of year for it to happen, so spring is the time to start house hunting. Part of the reason is due to the comparative difficulty of selling a home in wintertime: not only can foul weather make it harder to keep a home at its showy best, it also can throw a monkey wrench into property maintenance and the few cosmetic fixes that almost every home could use before it hits the Stuart listings. The result is a certain amount of bottled-up inventory that bursts onto the scene all at once—and springtime is the single time of the year when that happens.

Then there is the automatic momentum effect. When you sell a Stuart home, most families need to turn around and buy the next. The National Association of Realtors^® tells us that the spring real estate selling season may actually be stronger than the numbers indicate, because many sales that really did begin “in season” don’t actually close until summer begins. Spring real estate as a phenomenon is “real” enough that you can’t blame them for lines like “Spring brings rain and flowers—and possibly extra green in the final sales price of your home.”

The spring real estate selling season is indeed underway, so if you are planning on listing your own Stuart home anytime soon, now is a great time to give us a call. It’s the best way to take advantage of the traditional boom in prospective buyers!

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Stuart FL 34994 Condo Market Report April 2015

05.15.15 by Gabe Sanders

Stuart FL 34994 Condo Market Report April 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2015

For April 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 93 active condo listings (Decreased by 2 condos from March).

40 Condo sales are pending and awaiting close or lender approval. (Decreased by 6 condo from last month)

19 Condos Sold in April (Unchanged from March).

The Stuart FL 34994 Condo market showed strong activity for April 2015. Very similar activity to last month with a drop in pending sales which may indicate a decrease in future closed sales.

The one month absorption rate decreased to 4.9 months compared to last month’s 5.0. Continuing as 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 111 active listings, 56 pending sales, and 23 closed sales. For the 34994 zip code area of Stuart, this year’s activity is not quite as robust as it was for April 2014.

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Stuart Florida Real Estate presented by:
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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2015

A Surer Way to Find the Average House Price in Martin County FL

05.13.15 by Gabe Sanders

A Surer Way to Find the Average House Price in Martin County FL

When you do a web search for “average house price in Martin County, FL come up with a lot of good, not-so-good, and just plain lame information. If you were looking for a general idea of what the current market says that homes like yours in your neighborhood are worth, the results are likely to be more amusing than anything else.

You always come up with the national sites’ average listing price for homes for sale in Martin County, FL Depending upon how recently their data engine found and tossed out duplicates and errors, and that can be an interesting number. You will also get state real estate trends, a list of average sold prices (this one seems to be subject to error); an instant, somewhat dubious calculation for the average price per square foot of a house in Stuart and ads. Lots and lots of ads. But almost all of the “averages” are affected by listings and/or sale prices for “lot/land for sale” and the like…hardly useful unless your own house has recently disappeared. Likewise, unless your property is a weekend getaway chalet, any “charming, quiet cabin” listings will send the “average house price in Martin County calculation seriously awry.

On a recent web excursion, I did stumble across a great cartoon presentation at the CNN.com site. It was an animation that showed how the average American home has changed over the past 40 years. The graphics show a typical house as it expands, contracts, adds features and loses them (the fireplace disappeared about 10 years ago: who knew that?).

With a tip of the hat to creator Bard Edlund, here’s a synopsis of the highlights:

1973 found the median new single family residence at 1,525 square feet.

A mere seven years later, air conditioning and a fireplace had appeared…anyone familiar with the era might be forgiven for retrieving the mental image of President Nixon’s Oval Office fireplace roaring while the air conditioning blasts away…

In 1984, George Orwell’s’ predictions aren’t totally in place, but the square footage has stretched to 1,605, and the average house price is $79,900. Ten years later, the house has expanded to 1,940 square feet, average house price is $130,000.

That “average house price” growth is pretty convincing: the narrator backtracks to point out that “the median sales price has gone from $64,600 in 1980 to $169,000 just 20 years later.” Alas, even though the cartoon doesn’t show a wrecking crew tearing it out, “the fireplace disappears in 2007” (there’s still one in the White House, though); “right before the house contracts during the economic crisis.” Then the recovery: by 2013, the average price of $268,900 supports a house having 2,384 square feet of space: 56% larger than the house of 40 years ago.

The animations and commentaries are diverting—and asking Bing or Google for the average Martin County house price does get you a raft of information—but if you are seriously pricing our current Stuart market, a specific detailed search right here on my website will get you a lot closer to the information you need. And if you are considering the sale of your own home, you deserve a professionally researched comparable analysis—the kind performed by an experienced, licensed area Realtor^®. That’s me, and I’d be pleased to perform exactly that kind of thorough-going ‘comp’ for your property, with no obligation attached. And you don’t have to search further: I’m just a phone call away!

Stuart FL Mortgage Credit Easing Expectations Follow U.S. Thaw

05.12.15 by Gabe Sanders

Stuart FL Mortgage Credit Easing Expectations Follow U.S. Thaw

How easy or hard it is for Stuart home buyers to secure a mortgage with attractive terms is a key element in the local real estate picture. Our national mortgage credit provides the oil that keeps residential home sales moving smoothly; that, or it becomes a damper (or even something close to an emergency brake!).

The current Florida mortgage credit situation is largely a reflection of what’s going on in the greater financial world, where the corporate banking interests, world economic conditions, and political realities converge. It is in that greater arena where the counterproductive effects of tightening mortgage credit availability have been acknowledged for some time. At first, it seemed to be little more than talk, but recently, changes have been stirring. The resulting tinkering seems to be taking effect.

“U.S. consumers are finding it easier to get a mortgage,” was last Thursday’s finding by CNBC in their Reality Check. The commentary was headlined “A CREDIT THAW IS OFFERING MORE MORTGAGE OPTIONS.” In fact, it fairly bristled with refrigeration metaphors. Following “years of near frozen credit following the financial crisis” there was now “heat behind the credit thaw.” If you expected that the source of the heat was the springtime improvement in Stuart’s weather, you were mistaken. It was “simple clarification.”

Clarification Clarification.

The simple clarification lies in a chain of repercussions that requires some clarification of their own. It has to do with the usual suspects: Fannie and Freddie. Fannie Mae and Freddie Mac (the guarantors behind the majority of mortgage credit in Florida and throughout the country) had sued lenders left and right following the subprime mortgage market mess. It cost the banks and mortgage companies billions through lawsuits and loan buybacks. Lenders, who like many of us don’t like to lose billions, became understandably gun-shy. They demanded near-pristine credit from borrowers, because they didn’t want Fannie and Freddie (and sometimes their Uncle, Sam) to come after them again.

Bait-and-Goodbye

Rates may have been terrific, but for way too many Stuart would-be borrowers, those rates were attached to loans that weren’t being offered. It wasn’t exactly Bait-and-Switch; more like Bait-and-Goodbye. But new rules that clarify which loans are considered safe by the semi-governmental concerns have done away with a considerable degree of lender concern. Added to the nationwide increase in activity (the Mortgage Bankers Association registered a single month increase of 17% in new home applications in March), it seems likely that the defrosting described by CNBC should continue well past cherry blossom time.

Today’s Florida mortgage credit landscape is something that directly affects most buyer-applicants as well as Stuart home sellers, so that’s welcome news—and a good reason why now is a good time to give me a call!

The Best Realtor® is the One Who Knows Stuart FL

05.11.15 by Gabe Sanders

The Best Realtor^® is the One Who Knows Stuart FL

When you Google “seeking the best professional,” in about a half a second you are presented with 403 million candidates (not to play favorites, Search-Engine-Wise, when you ask Bing the same thing, it gives you a mere 62.6 million…which might actually prove more useful, since it would only take you a little more than a year to scan each for 2 seconds).

Narrowing the quest, when you Google “seeking the best Realtor^®,” it gives you just a few less than 2,000,000 likely results. Since anyone seeking the best real estate professional to buy or sell their home isn’t after one eight states away, almost everyone quickly narrows the search to ‘best Realtor in Stuart FL’ That number varies from time to time, but almost always more than 500,000 show up (the ones at the top are paid ads).

This isn’t actually as whimsical a quest as such results suggest: it’s a quite serious undertaking. Even if you are a veteran homeowner—someone who has bought and sold homes multiple times in the past—today’s market is so vastly different from what it was even ten years ago (thank you, Internet!) that you need to connect with a Realtor in Stuart who will bring you success in this vast new arena. This will be someone whose marketing knowhow is as current as this morning’s Tweet—but whose depth of knowledge and experience in adroitly handling the old-fashioned local workings (and, alas, paperwork) are also encyclopedic. Today, your “best Stuart Realtor” will have mastered it all.

So, what’s the right way to go about finding her/him? What’s a homeowner or prospective home buyer to do when they are bound and determined to actually find the best professional in Stuart There are positive steps to take:

Word of mouth: ask around to people whose opinions are substantial. Even if you are looking to sell and someone whose opinion you trust has experience only as a buyer, take the agent’s name. The best Realtors in Stuart are great on both fronts!
When you are out and about in the neighborhood, note the “For Sale” yard signs planted in the lawns of appealing-looking properties. Jot down the agent’s contact number.
Check the newspapers (and even notices posted on local store bulletin boards) for open houses…then attend them!
Check the Martin County MLS: see which agents are prominently represented in the Stuart listings—especially for properties in the same general price range. Look for eye-catching, well-written listings.

And finally, having compiled a list of your likely suspects, take the final and most important step of all:

Stop Googling—and start interviewing!

The search for the best Realtor in Stuart will take a bit of energy—and a bit of your time—but given the significance of the task ahead, is guaranteed to be worth your while. Since you’ve found my Stuart blog, I hope you will put me on your list of best Stuart Realtors—or better yet, why not Google me and see what you get.

Stuart Green Homes add Green to Owners’ Wallets

05.09.15 by Gabe Sanders

Stuart Green Homes add Green to Owners’ Wallets

Whether we see it as evidence of the advance of a wider green homes movement or simply of rising environmental consciousness, Stuart green homes are becoming properties with a distinct marketable sales advantage. What were once viewed as altruistic gestures practiced by only the most dedicated preservationists are going mainstream—and at a rapid clip. The National Association of REALTORS® recently found that 70% of those surveyed believe eco-friendly features add value to a home. In other words, the practical advantages of ‘going green’ are becoming more and more evident to prospective buyers.

For sure, one reason for the increasing popularity of green homes in Stuart is a growing and sincere concern about sustainability.

But there’s also another reason: a growing and equally sincere desire to save cash!

There are in fact a number of practical reasons why green homes save their owner’s money:

• Tankless water heaters are one example of a technology that’s been around for a while, but which is now gathering popularity. The engineering is based on the fact that constantly storing and re-heating of a volume of water means wasting a lot of energy. Tankless units don’t store heated water; instead, they pass it over coils that are only energized when hot water is needed. As a consequence, tankless water heaters can actually save their owners up to 50% on hot water costs!

• As global critics increase their cries for the conservation of fresh water, the idea that green homes can make a major difference is gaining traction. The EPA’s website lists multiple ways that green homes can save the precious resource, from WaterSense-labeled faucets and toilets to high-efficiency showerheads.

• Energy-efficient heating and cooling systems can make the most dynamic contribution to green homes. Regularly-maintained Energy Star appliances, combined with home management practices like heating and cooling only areas that are in use via programmable thermostats can make a welcome dent in the monthly bills.

Together with the ongoing wallet relief that green homes provide their owners every month, changing over to ecologically championed household appliances and practices is an increasingly practical exercise. When it comes time to sell your Stuart home, too, being able to provide those penny-pinched utility bills can make all the difference to cost-conscious prospects. For more ideas on ways you can increase the value and sales appeal of your own property, I hope you won’t hesitate to give me a call!

Tropical Paradise Ocean Access Waterfront Lot New Price

05.01.15 by Gabe Sanders

Tropical Paradise Ocean Access Waterfront Lot New Price

Waterfront lot with ocean access (fixed bridges) now only $75,000. Best priced ocean access lot in Martin County! Water, sewer, electric in place and ready for your new home!

Paved driveway and pad in place. Existing mobile home has been removed. There’s 81 feet of waterfront with ocean access suitable for a smaller boat that can go under two fixed bridges with approximately 6′ clearance. Community has an RV boat storage lot with one space for every resident. Great opportunity in a wonderful friendly community.

Overview

$75,000

Lots and Land

Main Features

Lot: 0.20 acre(s)
MLS #: 379758

Location

7941 SE Paradise Dr.
Stuart, FL 34997
USA

Our recent listings

Waterfront Land in Stuart FL
Palm City Pool Home Coming Soon
Spacious Jensen Beach Home on Double Lot
Ocean Front Condo – Corner Unit
Hutchinson Island Updated Townhouse

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See more Stuart, FL real estate for sale

The Tropical Paradise community is a subdivision with modular and manufactured homes that are slowly replacing the original mobile homes that were in place.

Click here for more information and pictures

Search for Tropical Paradise homes for Sale

More information about Stuart Florida Homes and Land can be found on the Gabe Sanders BlueWater Realty team’s web site.

Tropical Paradise Ocean Access Waterfront Lot New Price

Emerald Lakes Townhouse Stuart FL Under Contract

04.29.15 by Gabe Sanders

Emerald Lakes Townhouse Stuart FL Under Contract

Under contract in 22 days, this Emerald Lakes townhouse is now pending. Ask the BlueWater realty team about Stuart FL townhouse sales.

A beautifully updated Emerald Lakes townhome featuring a modified open kitchen with granite countertops and newer appliances (2 years old). This 2 BR, 2 and 1/2 Bath townhouse has lake views from both bedrooms. Only a short walk to one of two community pools and tennis courts. This townhouse has new carpets, new washer and dryer and new hurricane and impact resistant PGT sliding windows. Dual sinks and Corian counters in the master bathroom. 2 assigned parking spaces plus ample guest parking. A great location close to shopping, beaches, restaurants, medical facilities and historic downtown Stuart. Emerald Lakes is available for all ages and 2 pets under 40 lbs. are permitted. A wonderful opportunity for an affordable Stuart home. The list price for this Emerald Lakes townhouse is $144,900.

The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes 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.

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, Walgreen’s, Banks, Gold’s Gym, etc.

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!

Residents of Emerald Lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Townhouse Stuart FL Under Contract

Garden Villas Townhouse Stuart FL Sold

04.26.15 by Gabe Sanders

Garden Villas Townhouse Stuart FL Sold

This north Stuart townhouse in Garden villas has sold. The sales price was $104,500.

Conveniently located in North River Shores area. Beautiful townhouse with stainless steel appliances, tile, large private courtyard for Florida outdoor living, fountain in courtyard, large living room with sliders for bright open airy feeling, skylight in stair area, both bedrooms have a balcony. Unit located in the back with a woodsy view. Large walk-in closet in master bedroom. Accordion storm shutters on all windows. Close to mall, restaurants, entertainment and downtown. Minutes from the beach. Low HOA fee in a pet friendly development. Florida living at its best!

Overview

Maps

Photos

Description

$104,500

Townhouse

Main Features

2 Bedrooms
2 Bathrooms
1 Half Bathroom
Interior: 1,514 sqft
Year Built: 1981
MLS #: RX-10103510

Location

790 NW 10th Ter
Stuart, FL 34994
USA

Our recent listings

Palm City Pool Home Coming Soon
Spacious Jensen Beach Home on Double Lot
Ocean Front Condo – Corner Unit
Hutchinson Island Updated Townhouse
Waterfront Estate on the Indian River

Subscribe to our listing feed

See more Stuart, FL real estate for sale

Search for all Stuart FL Real Estate

Stuart Florida real estate from the Gabe Sanders BlueWater Realty Team. Our specialty is finding fine homes, Townhouses and vacant land for our preferred customers.

Garden Villas Townhouse Stuart FL Sold

Suntide Condos on Hutchinson Island April 2015 Market Report

04.22.15 by Gabe Sanders

Suntide Condos on Hutchinson Island April 2015 Market Report

As of April 2015, there are 5 condos on the market in Suntide on Hutchinson Island in Stuart FL. Listing prices range from $229,000 to $315,000 with an average list price of $274,000 which equals $231.48 per sq. ft. of living area. None of these condos are distressed sales. (No foreclosure, bank owned or short sales.)

There is one condo under contract and awaiting settlement. It was listed for $198,000 which equates to $130.68 per sq. ft. of living area. This is not a distressed sale.

There have been 6 condos sold in the past 12 months in Suntide. The sales prices ranged from $183,000 to $305,000 for an average sales price of $230,750 which equals $177.39 per sq. ft. of living area. All of these sales were conventional sales.

Pool for Suntide Condos

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.

Beach access for Suntide Condos

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.

Entrance to Suntide Condos

Fitness Room in Suntide Condos

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Hutchinson Island Real Estate is presented by:
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Suntide Condos on Hutchinson Island April 2015 Market Report

Hutchinson House April 2015 Market Update

04.19.15 by Gabe Sanders

Hutchinson House April 2015 Market Update

As of April 2015, there are 5 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL. Listing prices range from $284,900 to $339,000 with an average price of $317,500 which equals $223.28 per sq. ft. of living area.

There are no condos currently under contract in Hutchinson House.

11 condos have sold in the past 12 months in Hutchinson House. Sales prices ranged from $194,000 to $399,900 for an average of $273,572 or $212.67 per sq. ft. of living area. There were no distressed properties (short sales or bank owned) in any of the above Hutchinson House condo listings or sales. 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 Condos for Sale and Sold Report

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.

Search for Hutchinson House April 2015 Market Update

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Hutchinson Island Real Estate is presented by:
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2015 Stuart FL Home Design Ideas Focus on Kitchen Updates

04.15.15 by Gabe Sanders

2015 Stuart FL Home Design Ideas Focus on Kitchen Updates

Keeping your Stuart FL kitchen looking up-to-date doesn’t have to be difficult or expensive. Contemporary home design in Stuart FL is all about knowing what the latest trends are and which to choose when regular maintenance calls for a change in appliances or décor.

This year, eco-friendly appliances are definitely ‘in’—as are the pops of bright color meant to create a vivid and welcoming kitchen. And as convenience features continue to evolve, those are increasingly prominent factors influencing design choices. Especially if you are planning to sell your Stuart FL home in the near future, there are a few home design directions that are most likely to impress prospective buyers who’ve been exploring the latest kitchen trends:

Going green is a pronounced trend, not just in home design. Using renewable, Earth-friendly materials can be a way to update a kitchen while minimizing environmental impact. A sample idea would be a sustainable bamboo parquet butcher block to grace the kitchen counter or table. They come in beautiful, rich wood tones, and when large enough to cover a substantial counter area, can warm the feel of the entire room.

Another (almost diametrically opposed) current direction is to deck the kitchen out with a few of the latest high-tech gadgets. Even if you resist an ultra-modern look, a few chic techie touches can add a dash of luxury to your home. One example: Siemens makes a multimedia ventilation hood that has a 17-inch LCD screen with options for listening to music or watching TV. It’s a creative way to make cooking more entertaining—and one that would certainly help make your Stuart FL listing stand out!

Bright colors have not always been popular in kitchens, but lately, appliance manufacturers have been less shy about offering exuberant finishes. You can find dishwashers, blenders, toasters, microwaves and refrigerators in bright blues, pinks, yellows, greens and oranges. It can be an inexpensive way to add a splash of color to your kitchen…although if you are planning on selling soon, in many instances I’d recommend caution: perhaps confining the color pops to bright accent pillows or colorful floral arrangements.

Copper is also an increasingly popular trend in kitchen design this year. Its natural antibacterial properties make it a practical home design element, and that cool, rustic hue looks great in warm, gold-toned kitchens. Copper sinks and faucets are both practical and stylish (although keeping them bright and shiny can be another story!).

If you are thinking of selling soon, consider incorporating one or two current Stuart FL home design ideas if your kitchen could use a decor infusion. Looking for more ideas? Contact me today to discuss what is making today’s homes S-E-L-L!

2015 Stuart FL Home Design Ideas Focus on Kitchen Updates

Spacious North Stuart Townhouse Under Contract

04.14.15 by Gabe Sanders

Spacious North Stuart Townhouse Under Contract

This north Stuart townhouse in Garden villas, is now back under contract and should close quickly. Thank you to all the agents that showed it and for those folks on the Internet that asked about this townhouse. The last list price was $113,900.

Search for all Stuart FL Real Estate

Stuart Florida real estate from the Gabe Sanders BlueWater Realty Team. Our specialty is finding fine homes, Townhouses and vacant land for our preferred customers.

Spacious North Stuart Townhouse Under Contract

Stuart FL 34996 Condo Market Report March 2015

04.13.15 by Gabe Sanders

Stuart FL 34996 Condo Market Report March 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2015

For March 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 110 active condo listings (Down by 12 condos from last month).

61 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from February).

36 Condos Sold in March (Increased by 11 condos from February)

The Stuart FL 34996 Condo Market was very strong for March. This is the height of our condo season for those purchasing second home getaways from the cold and snowy conditions up north as well as those moving here permanently for a more relaxed and convenient Florida lifestyle. Sales and pending sales both increased and remained strong. Unfortunately our inventory is down to historically low levels.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 3.1 months from February’s 4.9 months . Moving to a pretty extreme sellers’ market for March. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2013 were: 150 active listings, 55 pending sales and 34 closed sales. Even with close to 30% less inventory, there was better sales and pending activity for this year as opposed to March 2014.

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2015

Discounted Stuart Air Show Tickets Available

04.11.15 by Gabe Sanders

Discounted Stuart Air Show Tickets Available

Discounted Stuart Air Show tickets are now available for $15.00 for the 2015 Stuart Air Show. Scheduled for Oct. 30 to Nov. 1 at the Martin County Airport – Witham Field. This year’s show will feature three military acts including the Navy F-18, the US Air Force F-16, and the Army Golden Knights as well as numerous other aerial acts as well as static display aircraft. Food, fun and games for the entire family.

These early pre-sale tickets are only available online at http://www.stuartairshow.com. Ticket prices at the gate will be $25.

Stuart FL 34994 Condo Market Report March 2015

04.10.15 by Gabe Sanders

Stuart FL 34994 Condo Market Report March 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2015

For March 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 95 active condo listings (Same number of condos from February).

46 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)

19 Condos Sold in March (Up by 7 condos from February).

The Stuart FL 34994 Condo market showed strong activity for March 2015. The inventory remained stable while pending sales also remained similar, though very strong. Closed sales were up.

The one month absorption rate decreased to 5 months compared to last month’s 7.9. Back into 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 March the numbers were 111 active listings, 55 pending sales, and 13 closed sales. Considerably less inventory for this year compared to 2014, but closed sales are greater this year, while pending sales are lower.

Search for Stuart FL Condos by Price Below:

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34994 – Condo, March 2015

8 Surprising Disclosures Requested of Stuart FL Home Sellers

04.09.15 by Gabe Sanders

8 Surprising Disclosures Requested of Stuart FL Home Sellers

What really surprises many Stuart FL first-time sellers is the disclosure aspect of the sales process. Many first-timers are shocked by the numerous open-ended queries involving issues and events you may not have even considered significant (and some even from times before you acquired your Stuart FLhome). Believe it or not, many of the disclosures are required by law to prevent any future lawsuits between you (the seller) and the home buyer.

To give you an idea just how surprisingly deep some of the questions are, we’ve picked out a few that most often leave Stuart FL home sellers surprised at the need to disclose them:

Are you aware of…

Any alterations, modifications, remodelling, replacements, or material repairs on the property?
The release of an illegal or controlled substance on or beneath the property?
An order from a government health official identifying the property as being contaminated by methamphetamine?
Any renovations of lead based paint surfaces completed in compliance with the EA lead base paint renovation rule?
Past or present odors, urine, faeces, discoloration, stains, spots, or damage from pets?
Diseases or infestations affecting trees, plants, or vegetation on or near the property?
Fill (compacted or otherwise) on the property or any portion thereof?
Financial relief or assistance or settlement, sought or received by past or present owners of the property, due to any actual or illegal damage?

If you do come across there types of questions, don’t feel singled out – you’re not being targeted for anything you’ve done. Many of the disclosures are commonly used throughout the state and apply to most Stuart FL home sales.

Wondering about other surprising aspects of the home sale process? Give me a call and I’d love to walk you through everything involved. We can get through this together!

8 Surprising Disclosures Requested of Stuart FL Home Sellers

Stuart Waterfront Lot New Price

04.07.15 by Gabe Sanders

Stuart Waterfront Lot New Price

This Tropical Paradise vacant Stuart waterfront lot has a new price of $76,000!

The Tropical Paradise community is a subdivision with modular and manufactured homes that are slowly replacing the original mobile homes that were in place.

Click here for more information and pictures

Search for Tropical Paradise homes for Sale

More information about Stuart Florida Homes and Land can be found on the Gabe Sanders BlueWater Realty team’s web site.

Stuart Waterfront Lot New Price

Spacious Stuart Townhouse Price Reduced

04.06.15 by Gabe Sanders

Spacious Stuart Townhouse Price Reduced

This updated and spacious Stuart townhouse has been reduced to $113,900. An excellent opportunity for those wishing to live close to downtown Stuart as well as close to the Treasure Coast Mall.

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Stuart Florida real estate from the Gabe Sanders BlueWater Realty Team. Our specialty is finding fine homes, condos and vacant land for our preferred customers.

Spacious Stuart Townhouse Price Reduced

Maritimes April 2015 Market Update

04.05.15 by Gabe Sanders

Maritimes April 2015 Market Update

As of April 2015, there are 3 condos on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL. Listing prices range from $214,900 to $685,000 with an average list price of $399.633 which equals $228.12 per sq. ft. of living area. None of these condos are distressed sales. (No foreclosure, bank owned or short sales.)

There is 1 condo pending and awaiting settlement. The list price is $299,500 which equates to $148.64 per sq. ft. of living area.

There have been 3 condos sold in the past 12 months in the Maritimes. The sales prices ranged from $200,000 to $381,500 for an average sales price of $307,833 which is equal to $190.12 per sq. ft. of living area and these sales were at 93% of the listing price. Interestingly, the highest priced sale in the past 12months was a bank owned foreclosure. There were no other distressed sales.

Maritime Condos and Townhomes on Hutchinson Island

Entrance to the Maritimes

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.

Docks of the Maritimes

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.

Kayak Storage at the Maritimes

River views from the Maritimes

Tennis Court of the Maritimes

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Stuart FL 34994 Condo Market Report March 2015

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Stuart Waterfront Lot New Price

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Spacious Stuart Townhouse Price Reduced

Maritimes April 2015 Market Update

Maritimes April 2015 Market Update

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