February 2014 Market report for Suntide Condos on Hutchinson Island

February 2014 Market report for Suntide Condos on Hutchinson Island

As of February 2014, there are 4 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices range from $195,000 to $289,000 with an average list price of $167.04 per sq. ft. of living area.  None of these condos are distressed sales.  (No foreclosure, bank owned or short sales.)

No current Suntide listings are pending (under contract” at this time.

There have been 3 condos sold in the past 12 months in Suntide.  The sales prices ranged from $170,000 to $275,000 for an average of $147.46 per sq. ft. of living area.

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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February 2014 Market report for Suntide Condos on Hutchinson Island

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2013

For December, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 119 active condo listings (Increased by 1 condo from November).Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

39 Condo sales are pending and awaiting close or lender approval. (Down by 3 condo from last month) 

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

9 Condos Sold in December (Decreased by 11 condos from November).Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

After a good November market for the 34994 condo market, December turned out quite disappointing.  Sales were off by over 50% from November and pending sales also declined slightly.  Inventory was up marginally.

The one month absorption rate jumped up to 13.2 months compared to last month’s 5.9.  Back into a strong buyer’s market for the 34994 zip code condo market of Stuart FL.  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 December the numbers were 153 active listings, 35 pending sales, and 14 closed sales.   With the lower inventory factored into the numbers, very similar to last year’s activity.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

 

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2013

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2013

For December 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 173 active condo listings (Down by 5 condos from last month).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

29 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from November).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

 

21 Condos Sold in December (Up by 4 condos from November)  Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Like many of the other areas in Martin County, closed sales rose, inventory decreased and pending sales were off, in the real estate market in the Stuart Florida Market Report ZIP Code 34996 for Condos for December 2013. 

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 8.2 months from November’s 10.5.  Still a buyers market for December of 2013, but approaching a balanced one.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2012 were: 216 active listings, 29 pending sales and 14 closed sales.  Considerably improved numbers from year to year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market: Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

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Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Hutchinson House Condos for Sale and Sold Report for January 2014

Hutchinson House Condos for Sale and Sold Report for January 2014

Hutchinson House Condos for Sale and Sold ReportAs of January 2014, there are 6 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  Listing prices range from $205,000 to $399,000 with an average of $212.75 per sq. ft. of living area.

Two condos are pending and awaiting transfer.  List prices were $250,000 and $439,000 for an average of $202.61 per sq. ft. of living area.

There have been 9 condos sold in the past 12 months in Hutchinson House.  Sales prices ranged from $190,000 to $400,000 for an average of $200.05 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. Hutchinson House Condos for Sale and Sold Report Hutchinson House Condos for Sale and Sold ReportLocated 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 ReportHutchinson 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.

Hutchinson House Condos for Sale and Sold ReportThe 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.

Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2013

For November 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 178 active condo listings (Up by 7 condos from last month).
Stuart Florida Market Report ZIP Code 34996 Condo November 2013

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

Stuart Florida Market Report ZIP Code 34996 Condo November 2013

17 Condos Sold in November (Down by 5 condos from October)  Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Mostly small changes for the real estate market in the Stuart Florida Market Report ZIP Code 34996 for Condos for November 2013.  Sales were down, while pending sales rose.   The inventory rose some this month gaining back some of the loss of inventory from last month.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo increased to 10.5 months from October’s 7.8.  A strong buyers market for November of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for November 2012 were: 209 active listings, 26 pending sales and 12 closed sales.  Still, considerably better activity this year when compared to 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market: Stuart Florida Market Report ZIP Code 34996 Condo November 2013

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Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2013

For November, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 118 active condo listings (Decreased by 3 condos from October).

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

42 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from last month)
 
Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

 

20 Condos Sold in November (Increased by 6 condos from October).

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

A small and welcome increase in activity for the Stuart Condo market for zip code 34994.   Pending sales remained virtually unchanged while we had a nice rise in closed sales to 20 condos.  The inventory which rose the past two months, was once again down.

The one month absorption rate rose to 5.9 months compared to last months 8.6.  A marginal sellers’ market for the 34994 zip code condo market of Stuart FL.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last November the numbers were 153 active listings, 42 pending sales, and 11 closed sales.   Better activity this year than last, especially when considering the greatly reduced number of available condos for sale.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

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Stuart Florida Market Report ZIP Code 34994 – Condo, November 2013

2013 Stuart Christmas Parade

2013 Stuart Christmas Parade

Come out to see the 2013 Stuart Christmas Parade on Friday Dec. 6th at  7PM. 

This year’s theme is  “Christmas Past, Present and Future: Celebrating 100 Years on the St. Lucie”

Best place to view the parade is on SE Ocean Blvd between Georgia Avenue and Monterey Road.

2013 Stuart Christmas Parade

Ocean View Condo on Hutchinson Island Sold

Ocean View Condo on Hutchinson Island Sold

Just in time for Thanksgiving, the lucky new owners of Ocean View Condo Unit E-302 have closed and are ready to enjoy the warm waters of the Atlantic ocean with their fabulous winter get-away.  This condo sold for $255,00.

 Aerial view of Ocean View Condo on Hutchinson Island

OCEAN VIEW – 3rd floor, completely furnished with both Ocean and Intracoastal views.  Features include:  new sliding glass doors, new windows to be installed (June 2013), new railing with screen on balcony, plantation shutters, raised panel white cabinets in kitchen, washer/dryer and under building parking .  Community amenities include: BBQ Grill, clubhouse with kitchen, riverside pool, Oceanside pool, tennis court and beach access.   Concrete restoration is completed on this building.  All sizes, taxes and HOA are approximate.

 Ocean View Condo on Hutchinson Island

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Martin County, the Ocean View Condominium complex consists  is a complex of five separate condominium buildings. Two of which are on the ocean and the remaining three on the Intracoastal waterway.  Amenities include heated pools, docks available for sale or lease as well as tennis.  All conveniently located between the Stuart and Jensen beach Causeways in beautiful Martin County, FL

 Ocean View Condo on Hutchinson Island

 
 

Beach of Ocean View Condo on Hutchinson IslandDocks of Ocean View Condo on Hutchinson Island

 

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Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2013

For October, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 121 active condo listings (Increased by 2 condos from September). Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

43 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from last month)
 
Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

 

14Condos Sold in October (Decreased by 1 condo from September).

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

For the summer season in the Stuart Condo market for zip code 34994 both pending and closed sales were down again for October.   The inventory grew for a second month in a row by 2 condos.  Not unexpected results as the condo market in Martin County is very seasonably dependent, though other segments of the Stuart condo market have had better activity.  We are now awaiting the ‘snowbirds’ to return and to see how they feel about buying in our market.

The one month absorption rate rose to 8.6 months compared to last months 7.9.  Back into a more pronounced buyer’s market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last October the numbers were 143 active listings, 45 pending sales, and 13 closed sales.   When the reduced inventory is accounted for, the real estate market for condos in the 34994 zip code area of Stuart is still out-performing October 2012 activity.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2013

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2013

For October 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 171 active condo listings (Down 5 condos from last month).
Stuart Florida Market Report ZIP Code 34996 Condo October 2013

 

32 Condo sales are pending and awaiting close or lender approval (Decreased by 3 condos from September).

Stuart Florida Market Report ZIP Code 34996 Condo October 2013 

 

22 Condos Sold in October (Up by 5 from September) 

 Stuart Florida Market Report ZIP Code 34996 Condo October 2013

A steady real estate market for the Stuart Florida Market Report ZIP Code 34996 for Condos for October 2013.  Sales were up and pending sales continue to be strong (even if off by a little this month).   The inventory decreased again making fewer available condos for sale for buyers that are looking.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo decreased to 7.8  months from September’s 10.4.  Still a buyers market for October of 2013, but very close to being balanced.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for October 2012 were: 194 active listings, 26 pending sales and 17 closed sales.  We continue to outperform last years activity levels.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

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Stuart Florida Market Report ZIP Code 34996 Condo October 2013

An Other Island Dunes Oceanside Condo Unit 301 Sold

An Other Island Dunes Oceanside Condo Unit 301 Sold

Unit 301 in fabulous An Other Island Dunes Oceanside (8880 S Ocean Drive, Jensen beach, FL 34957) is now Sold!

 

Views from Island Dunes Oceanside Condo Unit 301This is a tropical paradise.  This end unit is a visual tropical delight with magnificent view ocean, pool and manicured grounds.  Inside you will be delighted with beautiful updated kitchen and magnificent baths with granite.  This unit is for the person who wants to take in the beautiful surroundings and live in luxury.  A must see.  Move in ready.

Living area of Island Dunes Oceanside Condo Unit 301

 Living area of Island Dunes Oceanside Condo Unit 301

Kitchen of Island Dunes Oceanside Condo

Island Dunes Oceanside Condo

 

 

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the An Other Island Dunes Country Club.  This unique arrangement offers golf, tennis and a deep water marina, just steps from your condo without having to travel to the mainland. An Other Island Dunes Condos for Sale on Hutchinson IslandThe five buildings from North to South are the An Other Island Dunes Oceanside I & II, the Admiral, the Regency An Other Island Dunes and the Regency An Other Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

 

An Other Island Dunes Condos for Sale on Hutchinson Island

The An Other Island Dunes Country Club offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River,  championship tennis club , a pro shop, a deep water marina and one of the fine dining in the onsite restaurant area which is open to the public.

An Other Island Dunes Condos for Sale on Hutchinson Island

 
 

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November 2013 Market Update Circle Bay Waterfront Condos Stuart FL

November 2013 Market Update Circle Bay Waterfront Condos Stuart FL

As of November 2013, there are 22 condos on the market in the Circle Bay Yacht Club  of Stuart FL.   Listing prices range from $96,900 to $259,000.  The average price per square foot of living area is $164.98  There are no short sales or foreclosures in the available listings.

There is one Circle bay condo under contract and awaiting close.  The list price is $159,000 or $158.84 per sq. ft. of living area.

In the past 12 months, 15 Circle Bay Waterfront Condos have sold.  Sales prices ranged from $77,500 to $155,000 for an average sales price of $112.17 per sq. ft. and a 90% list to sales ratio.  There was 1 bank owned foreclosure included in these sales and no short sales.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FLWaterfront 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.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FL

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

November 2013 Market Update Circle Bay Waterfront Condos Stuart FL 

October 2013 Market Update Windjammer Waterfront Condos Stuart FL

October 2013 Market Update Windjammer Waterfront Condos Stuart FL

As of October 2013, there are 12 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $89,900 to $195,000.  The average price per square foot of living area is $118.25  There are no short sales or foreclosures in the available listings.

Currently, there are no condos under contract awaiting settlement.

In the past 12 months, 12 Windjammer Waterfront Condos have sold.  Sales prices ranged from $49,000 to $165,000 for an average sales price of $92.50 per sq. ft. and a 91% list to sales ratio.  There was 1 short sale and 3 bank owned foreclosures included in these sales.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches. 

Windjammer Waterfront Condos
 
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

October 2013 Market Update Windjammer Waterfront Condos Stuart FL 

October 2013 Market Update Willoughby Golf Club

October 2013 Market Update Willoughby Golf Club

There are currently 21 homes on the market in the Willoughby Golf Club, ranging in price from $175,000 to $879,000.  The average price per sq. ft. of living area is $152.67.  Included in these listings are 1 short sale and 1 bank owned properties.

There is only one home currently under contract.  The list price is $659,000 or at $180.25 per sq. ft. of living area.

In the past 12 months, 14 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $140,000 to $635,000 for an average of $136.62 per sq. ft. of living area.  None of these sales were short sales or foreclosures.

Willoughby Golf Club Real Estate 1

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.Willoughby Home 3

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members to enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents in Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Home 2

Willoughby Golf Club real estate home sites are complimented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Pool 2

 

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The community comprised of Willoughby Golf Club real estate sites also has a plethora of amenities.

  • Private and gated community
  • Security patrol including 24-hour manned gatehouse
  • All residences security monitored
  • Practice range, putting green, chipping area and private teaching area
  • PGA certified professionals running the Pro shop
  • Pool facilities
  • Multiple tennis courts
  • Tennis pro on staff
  • Sundeck and cabana
  • Outside informal dining area
  • Clubhouse
  • 25,000+ sq. ft. newly remodeled building
  • Dining Room, Grille room
  • Rooms for private functions including a lounge area
  • Locker rooms and card rooms for both ladies and gentlemen
  • Organized activities, including golf and tennis tournaments
  • Private community TV channel
  • Planned entertainment

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles. Golf homes are typically smaller than the estate homes and begin at approximately $300,000. The estate homes, on average, start around $525,000.

Here are the currently available homes for sale in the Willoughby Golf Club

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October 2013 Market Update Willoughby Golf Club

Stuart Florida Market Report ZIP Code 34996 Condo September 2013

Stuart Florida Market Report ZIP Code 34996 Condo September 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2013

For September 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 176 active condo listings (Down 2 from last month).
Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

35 Condo sales are pending and awaiting close or lender approval (An increase of 13 condos from August).

 Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

 

 

17 Condos Sold in September (Up by 4 from August)  Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

After a slow August the Stuart Florida Market Report ZIP Code 34996 for Condos for September 2013 showed aa nice little rebound, even while other areas are still struggling.   Both pending and closed sales increased from August and the inventory remains fairly steady.  We are currently in the slower season for condo sales and I am pleased to see the increased activity in condo sales in the 34996 zip code area of Stuart.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo decreased to 10.4  months from August’s 13.7.  Still a buyers market in September of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for September 2012 were: 198 active listings, 28 pending sales and 8 closed sales.   Considerably better activity for this year as compared to last, especially when the reduced inventory is considered.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Market Report ZIP Code 34996 Condo September 2013

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34996 Condo September 2013

Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 

Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 
New price is $515,000.  This is the best value for a newer waterfront home with dock for up to a 35′ boat plus possible income from a detached 2 BR, 1 BA guest home.  This home is 3 Bedrooms, 3 bathrooms and a 4 car garage.  Gas cook-top, granite counter tops and stainless appliances.  Two tank less gas hot water heaters. Only minutes from the crystal clear waters of the Atlantic Ocean at the Saint Lucie Inlet.  There’s room for a pool. 
 
Overview
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Photos
Description
Video
Open House

 

$515,000
Single Family Home
Main Features
3 Bedrooms
3 Bathrooms
Interior: 2,340 sqft
Lot: 0.55 acre(s)
Location
4032 SE Paul Ter.
Stuart, FL 34997
USA
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Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 

Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2013

For August 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 178 active condo listings (Up 2 from last month).
Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

22 Condo sales are pending and awaiting close or lender approval (A decrease of 10 condos from July). Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

13 Condos Sold in August (Down by 3 from July)
Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

 

The Stuart Florida Market Report ZIP Code 34996 for Condos for August 2013 showed an reduced amount of activity from previous months.   Both pending and closed sales were off from July and the inventory remains fairly steady.  We are entering our slower season for condo sales and I would not be surprised to see reduced activity continue for the next few months.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose to 13.7 months from July’s 11.  Continuing as a strong buyers market for August of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for August 2012 were: 190 active listings, 19 pending sales and 12 closed sales.   Better activity for this year as compared to last, especially when the reduced inventory is considered.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2013

For August, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 1112 active condo listings (Increased by 3 condo from July).Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

48 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from last month)
Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

 

16 Condos Sold in August (Increased by 5 condos from July).Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

For the summer season in the Stuart Condo market for zip code 34994 pending sales were off slightly from last month.   The inventory grew by 3 condos.  Sales increased by 5 condos.   This is considered the ‘off’ season for the Martin County condo market, so the increase in the number of sales is certainly a welcome number.

The one month absorption rate dipped to 7 months compared to last months 9.6.  Just about a balanced market..  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last August the numbers were 143 active listings, 43 pending sales, and 13 closed sales.   When the reduced inventory is accounted for, the real estate market for condos in the 34994 zip code area of Stuart is quite strong when compared to August of 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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

Stuart Florida Market Report ZIP Code 34994 – Condo, August 2013

South Fork Estates Market Update for September 2013

South Fork Estates Market Update for September 2013

There is currently only one home for sale in South Fork Estates.  The listing price is $348,500 which equates to $154.96 per sq. ft. of living area.

There are currently no homes under contract, pending a sale in South Fork Estates

In the past 12 months, there have been 8 sales in South Fork Estates.  Two of these homes were short sales..  Sales prices ranged from $215,000 to $370,000.  The average sales price per square foot of living area was $136.01 at a 96% list to sales ratio.

Aerial of South Fork Estates in Stuart FL
A unique private community in Stuart, Florida built before land was so expensive that homes had to be placed on top of each other.  All home in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.  

Home in South Fork Estates in Stuart FL
There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes are in the 1998 through 2005 years.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

Lake in South Fork Estates in Stuart FL

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

Home in South Fork Estates in Stuart FL

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

Pool View from South Fork Estates in Stuart FL

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

South Fork Estates in Stuart FL - RV and Boat Lot

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

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

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South Fork Estates Market Update for September 2013

Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2013

For July 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 176 active condo listings (Down 8 from last month).

Active Listings - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

 

32 Condo sales are pending and awaiting close or lender approval (An increase of 1 condo from June).
Pending Listings - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

 

 

16 Condos Sold in July (Down by 1 from June)

Sold Listings - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

 

Fairly consistent activity for the Stuart Florida Market Report ZIP Code 34996 for Condos for July 2013.   Both pending and closed sales remained steady with only a 1 unit increase and decrease respectively.  Another decrease in inventory, which is pretty normal as many condo owners feel that the summer market is not the prime time to sell condos.  Though, history has proven this to be quite wrong, as the decreased competition normally results in much greater showing activity and a better chance of a sale.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose slightly to 11 months. Still  a fairly significant buyers market for July of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for July 2012 were: 190 active listings, 17 pending sales and 12 closed sales.   Still doing considerably better this year as compared to last.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Market Summary - Stuart Florida Market Report ZIP Code 34996 Condo July 2013

Search here for Stuart Florida Real Estate for Sale ( Condos)

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 Condo July 2013