Real Estate in and around Stuart Florida
Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd quarter of 2016.
View the entire set of data at GabeSanders.com
August 2016 Market Update:
There are 6 condos currently for sale in the Kingswood condo community of Stuart FL. Listing prices are from$55,000 to $107,900 for an average list price of $82,533 which equals $75.74 per sq. ft. of living area.
There are currently 2 condos under contract with list prices of $89,0000 and $99,900 for an average list price for these pending sales of $94,450 or $89.13 per sq. ft. of living area. These two condos averaged 49 days on the market before going under contract.
23 condos have sold in the past 12 months. Ranging in sales price from $47,500 to $103,000. The average sales price was $73,243 which comes out to $67.92 per sq. ft. of living area. These condos sold on average of 92 days on market days with sales prices at 92% of list price.
Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.
Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.
Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.
HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.
Search here for all available Kingswood Condos for Sale
Stuart Florida Real Estate is presented by:
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For July 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 3 active condo listings. (Down by 1 condos from June)
6 Condos are pending and awaiting close. (Unchanged in pending condos from June)
3 Condos sold in July. (The same number of closed sales from June)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.
For July, 2016 the absorption rate is 1 month (it was 1.3 months in June). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that July not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The July 2015 numbers were: 3 active listings, 6 pending sales and 1 closed sales. Very similar numbers to last year with better closed sales for 2016..
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There are 6 homes currently for sale in the Tres Belle subdivision of Stuart FL. Listing prices are from $599,900 to $898,900 for an average list price of $708,467 which works out to $201.34 per sq. ft. of living area. A number of these homes are new construction from Kolter Homes. If interested in new construction, please ask about our new home buyer rebate program.
There is currently 1 home under contract that was listed for $774,900 or $254.57 per sq. ft. of living area. This home was on the market for 71 days before going under contract.
12 homes have sold in the past 12 months. Sales prices ranged from $549,900 to $899,900. The average sales price was $664,517 which comes out to $191.12 per sq. ft. of living area. These homes sold on average of 118 days with sales prices at 98% of list price.
The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.
The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2016). Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.
Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails. Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy. Martin Memorial Hospital South is only a few minutes away. A consistently highly rated medical facility. For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.
For boaters, there are an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.
Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.
The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV. This is a pet friendly community.
Search here for all Stuart FL real estate
For July 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 192 active listings. (Down by 1 homes from June)
83 Residential sales are pending and awaiting close (Down by 17 homes from June)
46 Homes Sold in July (Down by 8 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly though signs of reduced activity are showing up as the inventory increases and pending sales decrease.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.2 months (3.6 months in June). Still a sellers market for Hobe Sound residential sales. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for July 2015 were: 163 active listings, 90 pending sales and 55 closed sales. Better activity last year with less inventory to work with. A somewhat slower market for Hobe Sound this year compared with last year.
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 112 active listings. (Increased by 90 condos from June)
46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)
27 Condos Sold (Up by 24 condos from June)
For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.
The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed. We had a change in reporting datsa and we are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.
Jensen Beach Florida Real Estate presented by:
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For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 164 active listings. (Up by 65 homes from last month)
66 Residential sales are pending and awaiting close or lender approval. (Decreased by 4 homes from June)
56 Homes Sold (Up by 19 home sales from June)
All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL
Jensen Beach Florida Real Estate presented by:
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For July 2016 in the 34990 Zip Code area of Palm City, Florida :
There are currently 60 active condo listings. (Decreased by 5 condos from June)
7 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)
3 Condos Sold in July. (Down by 4 condos from June)
The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Condo sales were off considerably for July. Not totally unexpected as typically the summer months are the slow time for Palm City condo sales.
Palm City Florida Real Estate presented by:
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There are currently 9 homes actively listed in Palm Cove Yacht and Golf Cub for August 2016 in Palm City, Florida. List prices range from a low of $299,000 up to the highest which is a waterfront home for $2,105,000. The average list price is $968,409 which works out to $226.03 per square foot of living area.
There are no homes or condos under contract in the Palm Cove community of palm City as of August 2016.
In the past 12 months, 14 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $205,000 up to $1,800,000 for an average sales price of $593,304 or $176.07 per square foot of living area. These homes were on the market for an average of 150 days prior to going under contract and sales prices averaged at 95% of the list price
The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.
This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory. In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.
There’s a magnificent club house located riverside by the marina. Residents enjoy 24 hour security from the manned gated entrance. The Palm Cove Golf and yacht Club is separated into two main sections. Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.
In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’. Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages. Home owner (HOA) fees vary from section to section. The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping. For a complete list of fees, please give us a call.
Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County. Children attend an ‘A’ rated Martin County school system to the following schools: Bessey Creek elementary, Hidden Oaks middle and Martin County High.
Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club
For any questions, you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
For July 2016 in the 34990 Zip Code area of Palm City Florida :
There are currently 383 active listings (Increased by 21 homes from June)
120 Residential sales are pending and awaiting close or lender approval. (Down by 48 homes from last month)
83 Homes Sold in June (Up by 7 homes from June)
The July 2015 numbers were: 363 active listings, 162 pending sales and 71 closed sales. We have just surpassed last year’s inventory numbers and have slightly better closed sale numbers, unfortunately not so strong with the pending sales.
All Palm City Residential Properties for Sale
Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Listed for $47,925 Unit E-11 in Vista Pines is under contract with a buyer introduced to this property by the Gabe Sanders Stuart Florida Realty Team.
An immaculate condo in the highly sought after condo community of Vista Pines. This is a 2’nd floor 1 bedroom, 1 bathroom condo has been recently updated and is within easy walking distance to shops, restaurants and medical facilities.
The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island. Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.
Vista Pines condos were first built in 1970 and the last one was completed in 1973. All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units. Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units. Buildings are situated to maximize privacy and for serene views of green space.
There’s an active clubhouse with a large swimming pool as well as shuffleboard courts. No pets are permitted in Vista Pines and this is an age restricted (55+) community. The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.
For July 2016 in the 34997 Zip Code area of Stuart, Florida :
There are currently 73 active condo listings (Down by 1 condos from June).
25 Condo sales are pending and awaiting close or lender approval (Down by 2 condos from June).
10 Condos Sold in July (Decreased by 14 condos from June).
Stuart Florida Real Estate presented by:
Gabe Sanders
There are currently 299 active listings (No change from June).
159 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from June).
86 Homes Sold in July (Decreased by 39 homes from June)
Search here for 34997 Zip Code of Stuart FL real estate for sale
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
The 29th Annual Stuart Florida Dancin’ In The Streets! gets under way on Saturday, August 20th in historic downtown Stuart beginning at 3 p.m. Presented by Stuart Main Street whose mission is to promote the historic downtown area of Stuart, Florida.
There will be plenty of excitement with music of all genres, along with all the food, beer, wine and spirits one could want. Admission is $20.00 (with advance tickets at $15.00)
The Outlaws at The Lyric Theatre
10kHrs
Bryce Allyn Band
Cassidy Diana
Deal James & Summer Gill
The Humdingers
JessLee with her Rock’n Country Band
Chris King
Ladies of Soul
Morning Fatty
Moska Project
Nouveaux Honkies
Ben Prestage
Public Sounds Collective
Relapse Band
Nashville recording artist Raquel Renner and the Ramblers
Ryan & Friends
The Sierra Band
Sister Baby
Smoking Section
Tony Solomon and Fullhouse Entertainment present local amateurs and up-and-comers
String Assassins
And here’s the map for parking:
Dancin’ in the streets is sponsored by the Stuart Main Street organization which is a 501-3 not-for-profit organization dedicated to improving the appearance and economic stability of Historic Downtown Stuart.Their mission is to create and market a positive image of Historic Downtown Stuart through special events, retail sales, effective advertising and public relations. They often partner with public, private sector and community leaders to develop and coordinate resources to downtown Stuart’s success.
Stuart Main Street is part of the Florida Main Street program, which is administered by the National Main Street Center of the National Trust for Historic Preservation. Florida Main Street’s mission is to provide the tools to Florida Main Street cities to revitalize their historic downtown centers. They use the “Main Street 4-Point Approach,” as a blueprint to work with community leaders to bring about many small but positive improvements. This approach includes promotion, design, economic restructuring and organization
For July 2016 in the 34996 Zip Code area of Stuart, Florida :
There are currently 120 active condo listings (Up by 46 condos last month).
33 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from June).
16 Condos Sold in July (Decreased by 5 condos from June)
The Stuart FL 34996 Condo Market of Stuart regained the lost inventory from last month while showing a little weakness in closed sales. This is not uncommon for the summer months for Florida condo sales.
The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 7.5 months from June’s 3.5 months. Into a slight sellers’ market for July. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.
The numbers for July 2015 were: 92 active listings, 42 pending sales and 16 closed sales. An equal number of closed sales from last year though we have less pending sales on a larger inventory of condos for this year..
Stuart Florida Real Estate presented by:
Gabe Sanders
As of August, 2016:
There are currently 2 active listings for sale in Danforth. The list prices for these Danforth homes are $479,000 and $489,000 for an average list price of $484,000 or $177.10 per sq. ft. of living area.
3 homes are currently under contract. The list prices of these pending sales range from $349,900 to $449,900 with the average being $403,233 which equates to an average price per sq. ft. of living area of $153.90. These 3 homes averaged 62 day on the market before going under contract.
In the past 12 months 18 homes have sold in Danforth. The sales prices ranged from $340,000 to $431,000. The average sales price was $382,989 or $158.59 per sq. ft. of living area. These sold listings averaged 49 days on the market before going under contract and sold at 98% of the list price.
Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel. Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools. Both of these schools are top rated in the Martin County school system as well as in the State of Florida.
Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities. Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart. Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.
Danforth features low HOA fees of $328.00 per quarter (as of July 2016). Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001. This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes. Here is the Danforth Home Owners Association web site. Danforth just added an remote code controlled entry gate system in 2014.
the Gabe Sanders real estate team
Residential Homes, homes and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
For July 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 151 active listings (Down by 7 homes from June).
27 Residential sales are pending and awaiting close or lender approval (Down by 16 homes from June).
24 Homes Sold in July (Decreased by 2 homes from June).
The 34996 zip code area of the Stuart Florida residential real estate market continues to be a strong market. Just a bit weaker than last month, but still slid and an improvement from last year.
The one month absorption rate for the 34996 zip code area of Stuart Florida for July increased to 6.3 months as compared to June’s 6.1 months. Still basically a balanced market for the 34996 zip code area of Stuart FL. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for July of 2015 were: 135 active listings, 34 pending sales and 11 closed sales. We have a greater inventory this year along with increased market activity.
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
August 2016 Market Update:
There are 13 homes currently for sale in the Yacht and Country Club of Stuart. Listing prices are from $230,000 to $1,500,000 for an average list price of $623,523 which works out to $220.12 per sq. ft. of living area.
There are currently 4 homes under contract ranging in list price from $309,900 to $380,000. The average list price of these pending sales is $347,225 or $168.10 per sq. ft. of living area. These homes averaged 113 days on market before going under contract.
35 homes have sold in the past 12 months. Ranging in sales price from $159,900 to $1,100,000. The average sales price was $392,120 which comes out to $159.91 per sq. ft. of living area. These homes sold on average in 66 days with sales prices at 95% of list price.
One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast. This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean. Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.
The ‘Stuart’ golf course at the Yacht & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.
The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist. Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.
There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.
Truly a wonderful place to call home.
Search here for available homes in the Yacht and Country Club of Stuart, Florida
For July 2016 in the 34994 Zip Code area of Stuart, Florida :
There are currently 74 active condo listings (Down by 2 condos from June).
29 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condos from last month)
10 Condos Sold in July (Down by 17 condos from June).
The Stuart FL 34994 Condo market entered the summer doldrums for the month for July of 2016. Closed sales were down significantly while pending sales remained strong on reduced inventory levels.
The absorption rate for July jumped to 7.4 months compared to last month’s 2.8. Popping back into a buyers’ condo segment of Stuart’s 34994 zip code area. This is not totally unexpected as condo sales often slow down during the summer months. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.
Last July the numbers were 84 active listings, 23 pending sales, and 20 closed sales. Better closed numbers for 2015, but pending sales are a bit better this year and it’s with less inventory.
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team