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Stuart, FL Real Estate News

By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Stuart FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you mone...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for March 2020, for Martin County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Martin County Florida. If you are following a particular community I can set you up a free account to follow everyday activity in that community. Please feel free to call me for any of your real estate needs. Serving The Treasure Cost since 1975...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for January 2020, for Martin County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Martin County Florida. If you are following a particular community I can set you up a free account to follow everyday activity in that community. Please feel free to call me for any of your real estate needs. Serving The Treasure Cost since 19...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for the year end 2019 for Martin County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Martin County Florida. If you are following a particular community I can set you up a free account to follow everyday activity in that community. Please feel free to call me for any of your real estate needs. Serving The Treasure Cost sinc...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Cabana Point February 2019 Market Report There is only 1 home for sale in the Cabana Point community of Stuart Florida in February 2019. The list price is $525,000 or $317.80 per sq. ft. of living area. There are no homes currently under contract. In the past 12 months, there have been 4 sales in Cabana Point. Sales prices ranged from $310,000 up to $523,500. This works out to an average sales price of $439,000 which is $224.70 per sq. ft. of living area. These homes averaged 127 days on the market before going under contract and sold for an average of 96% of list price. About Cabana Point in Stuart Florida, A Stuart FL waterfront community: Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first ho...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Kingswood Condo February 2019 Market Report February 2019 Market Report: There are 5 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $90,000 up to $145,000.  This is an average list price of $108,400 which equals $96.61 per sq. ft. of living area. There are currently 6 condos under contract with list prices ranging from $75,000 up to $155,000.  This works out to an average list price for these pending sales of $119,967 or $109.57 per sq. ft. of living area.  These condos averaged 19 days on the market before going under contract. 30 condos have sold in the past 12 months.  Sales prices ranged from $65,000 up to $147,500.  The average sales price was $106,287 which works out to $95.23 per sq. ft. of living area.  These condos averaged 10...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Lakeside Condos Indian River Plantation February 2019 Market Report For February 2019, there are 3 active listings for sale in the Lakeside Condos in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $226,500 up to $230,000.  This is an average list price of $228,500 which works out to $261.74 per sq. ft. of living area. There is 1 condo currently under contract.  The list price of this condo was $234,000 or $268.04 per sq. ft. of living area.  This condo was on the market for 655 days before going under contract. In the past 12 months, 4 Lakeside Condos have sold with sales prices ranging from $175,900 up to $380,000.  This works out to an average sales price of $241,475 which is $229.61 per sq. ft. of living area.  These condos sold for an...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Mariner Cay February 2019 Market Report There are 6 properties on the market in Mariner Cay in Stuart FL.  List prices range from $249,000 up to $1,099,000 and include a mix of condos and single family homes.   This is an average list price of $436,667 or $243.46 per sq. ft. of living area. There are 3 homes or condos are under contract at this time.  The last list prices were from $249,000 up to $2,550,000.  This works out to an average list price of $1,283,000 which is $352.83 per sq. ft. of living area.  These homes and condos were on the market for an average of 222 days before going under contract. In the past 12 months, 13 properties have sold in Mariner Cay.  These were a mix of condos and homes.  Sales prices ranged from $200,000 up to $1,300,000.  This equals an average sales ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Yacht and Country Club of Stuart February 2019 Market Report February 2019 Market Update: There are 17 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices range from $304,500 to $1,350,000 for an average list price of $649,353 which works out to $244.58 per sq. ft. of living area. There are currently 3 homes under contract with list prices from $325,000 up to $995,000.  The average list price of these pending sales is $595,000 or $204.87 per sq. ft. of living area.  These homes averaged 79 days on market before going under contract. 36 homes have sold in the past 12 months.  Ranging in sales price from $180,000 to $790,000.  The average sales price was $417,617 which equals $177.79 per sq. ft. of living area.  These homes went under contract in an aver...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Mariner Sands February 2019 Market ReportFor late February 2019, there are 57 properties for sale in Mariner Sands.  These 57 properties include a mix of condos and homes.  The list prices range from $124,500 up to $999,900.  This is an average list price of $429,756 which works out to $162.44 per sq. ft. of living area.There are 6 homes under contract (pending) which have not completed the sales process to date.  List prices were from $245,000 up to $619,000.  This works out to an average of $386,817 or $158.54 per sq. ft. of living area.  These homes averaged 25 days on market prior to going under contract.In the past 12 months, 50 homes and condos have sold.  Sales prices ranged from $110,000 up to $840,000.  This equals an average sales price of $383,800 which is $143.31 per sq. ft....
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
VilaBella Town-Home Condos in Stuart FL February 2019 Market ReportFor February 2019, there is 1 townhome for sale in VilaBella.  The list price is $175,000 or $163.25 per sq. ft. of living area.There are no pending sales currently in VilabellaIn the past 12 months, 5 townhomes have sold with sales prices ranging from $169,500 up to $201,000 with an average sales price of $181,260 which equals $135.81 per sq. ft. of living area.  These sales averaged 49 days on market before going under contract and sold at 98% of list price. About Vilabella in Stuart FL:  Entrance to VilaBella Town-Home Condos  Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome style condos that were built in 2006.  These homes range in size from 3 Bedroom,...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Mariner Village February 2019 Market ReportFor February 2019, there are 4 homes for sale in the Mariner Village gated community of Stuart FL.  Listing prices range from $290,000 up to $339,900.  This is an average list price of $314,950 which equals $181.45 per sq. ft. of living area.There is one home under contract.  This home had a list price of $299,999 which is $154.88 per sq. ft. of living area.  It was on the market for 5 days prior to going under contract.In the past 12 months, 20 homes have sold in Mariner Village.  Sales prices ranged from a low of $210,000 up to a high of $388,500.  This works out to an average sales price of $302,995 which works out to $162.03 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were active on the mar...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Indian Pines February 2019 Market ReportThere are no condos available for purchase in Indian Pines in Stuart FL at this time.There are also no condos currently under contract.In the past 12 months, 9 condos have sold in Indian Pines.  Sales prices ranged from a low of $114,000 up to a high of $160,000 for an average sales price of $136,611 which works out to $114.11 per square foot of living area.  These condos averaged 51 days on the market prior to going under contract and sold for an average of 94% of list price.About Indian Pines Condos in Stuart FL:Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex wate...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Inlet Village February 2019 Condo Real Estate Market ReportThere are three condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for February 2019.  List prices range from $199,000 up to $375,000.  This is an average list price of $246,633 which is $237.38 per sq. ft. of living area.There are no condos currently under contract.In the past 12 months, 11 condos have sold in Inlet Village.  Sales prices ranged from $180,000 up to $405,000.  This works out to an average sales price of $248,986 which equals $231.93 per sq. ft. of living area.  These condos sold for an average of 95% of list price and were on the market for an average of 122 days prior to going under contract.About Inlet Village Condos on Hutchinson Island in Stuart FL:...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Spinnaker Point February 2019 Market ReportThere are 2 homes for sale in Spinnaker Point on Hutchinson Island in February 2019.  These homes are listed for $924,900 and $1,695,000.  This equals an average list price of $1,309,950 which equals $450.99 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, only 1 Spinnaker Point home has sold.  This home sold for $1,225,000 or $358.08 per sq. ft. of living area.  It was on the market for 150 days before going under contract and sold for 82% of list price.About SpinakerPoint on Hutchinson Island:Spinnaker Point on Hutchinson Island is easy to miss when driving by on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 home...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Four Winds on the River Condo February 2019 Market ReportThere is 1 condo currently available for sale in Four Winds on the River in Stuart FL.  It is listed for $229,740 or $170.18 per sq. ft. of living area.There are no condos under contract and awaiting sale.In the past 12 months, 2 condos have sold in Four Winds.  These condos sold for $23,000 and $346,500.  This works out to an average sales price of $289,750 which works out to $180.24 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.About Four Winds on the River in Stuart FL:A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Angler Cove Condos February 2019 Market Report There are currently 4 Angler Cove condos available for sale.  List prices are from $269,900 up to $399,900 for an average list price of $331,175 which equals $215.98 per sq. ft. of living area. There are no condos under contract at this time in Angler Cove. In the past 12 months, there have been 4 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $270,000 which works out to $241.93 per sq. ft. of living area.  The list to sales prices averaged at 95%.  These condos averaged 38 days on market before going under contract. (Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices) About Angler Cove on Hutchinson I...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
North River Shores February 2019 Market ReportThe North River Shores February 2019 Market Report for Stuart Florida:There are currently 3 active listings in North River Shores.  List prices range from $619,000 up to $748,700.  The average list price is $672,533 which equals $258.65 per square foot of living area.1 home is under contract (pending sale).  This home was listed for $1,145,000 or $428.84 price per sq. ft. of living area.  This home was on the market for 154 days before going under contract.In the past 12 months, 29 homes have sold in North River Shores at an average sales price of $524,991 or at $223.70 per square foot of living area. Sales prices ranged from a low of $280,000 up to $1,175,000 and sales averaged 96% of the list price.  These homes were on the market for an a...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Foxwood Stuart FL February 2019 Market UpdateAs of February 2019, there are 2 homes on the market in the Foxwood equestrian community in Stuart, FL.  List prices are $449,000 and $625,000.  This is an average list price of $537,000 or $152.31 per sq. ft. of living area.There are no homes under contract at this time.In the past 12 months, there were a total of 6 sales in this sought after Stuart community.  Sales prices ranged from $350,000 up to $600,000 for an average sales price of $472,583 which equals $182.58 per sq. ft. of living area.  These sales averaged a sales price of 94% of the last list price and took an average of 79 days on the market before going under contract.About Foxwood in Stuart FL:Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Flo...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Stuart FL 34997 Condo Market Report January 2019 STUART REAL ESTATE Snapshot for ZIP Code 34997, Condo Sales for January 2019 For January 2019 in the 34997 Zip Code area of Stuart, Florida: There are currently 60 active condo listings (Up by 11 condos from December). 19 Condo sales are pending and awaiting close (Up by 11 condos from December). 5 Condos Sold in January (Down by 14 condos from December).       The Stuart FL condo market for zip code 34997 had a needed increase in inventory but sales dropped off significantly Pending sales improved which should help closed sales in the coming months.      The absorption rate rose to 12 months in January compared to 2.6 months for December.  Transitioning into a buyer’s market for the first time in some time in the 34997 zip code of Stuar...
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