Lake Tuscany Real Estate Update in Stuart FL July 2018As of July 2018, there are 2  homes available for sale in Lake Tuscany in Stuart FL with listing prices of $469,900 and $485,000 for an average list price of $477,450 which is an average price per square foot of living area of $133.37.There is 1 home currently under contract.  This home was listed for $460,315 or $184.57 per sq. ft. of living area and was on the market for only 9 days prior to going under contract.In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $370,000 up to $470,000 for an average sales price of $428,063 which equals $151.17 per sq. ft. of living area.  These homes took an average of 117 days on market to go under contract and sold at 97% of list price.About Lake Tuscany in Stua... 08/02/2018

I love Dorie Dillard 's Foodie Friday posts.  Last week we had a Foodie Friday down here in Florida.  We went to lunch with friends of ours from New York.  Now I do like good food but I love great ambiance as much if not more.  What could be better ambiance than eating by the water in Gabe Sanders' neighborhood in Stuart, FL.Last Friday we had lunch at Sailor's Return  where they advertise that you can sail or drive in.  My kind of place.  We drove this time.For lunch my wife and our friends had the Grilled Hahi Sandwich with lettuce, tomato, and onion on a brioche bun.  I had the blackened shrimp tacos.  All fresh and good.The restaurant is located at 625 SW Anchorage Way, Stuart.  Reservations are advisable by calling 772-872-7250.Next stop, a restaurant on the water in Kathy Streib '... 07/31/2018

Summerfield Real Estate Market Report July 2018As of July 2018, there are 3 homes on the market in Summerfield ranging in listing price from $379,900 up to $517,500 for an average list price of $432,433 which equals $189.36 per square foot of living area.There are 5 homes under contract (pending) awaiting their closing. Listing prices ranged from $374,800 up to $725,000 for an average list price of $502,938 which is $202.32 per square foot of living area. These homes averaged 56 days on the market prior to receiving an accepted offer.In the past 12 months, 19 homes have sold.  Sales prices ranged from $270,000 up to $410,000 for an average sales price of $343,653 which equals $182.10 per square foot of living area.  Thes homes averaged 70 days on the market before going under contract a... 07/31/2018

Stuart FL 34997 Condo Market Report June 2018 STUART REAL ESTATE Snapshot for ZIP Code 34997, Condo Sales for June 2018 For June 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 50 active condo listings (Unchanged from May). 26 Condo sales are pending and awaiting close (Also unchanged from May). 18 Condos Sold in June (Increased by 1 condos from May).       The Stuart FL condo market for zip code 34997 had identical activity to last month with the exception of one additional closed sale this month.      The absorption rate inched down to 2.8 months in June compared to 2.9 months for May.  Remaining in a strong seller’s market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither t... 07/27/2018

Stuart FL 34997 Residential Market Report June 2018 STUART FLORIDA REAL ESTATE Snapshot for ZIP Code 34997, Residential Sales for June 2018 For June 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 263 active listings (Increased by 4 homes from May). 149 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from May). 94 Homes Sold in June (Increased by 1 homes from May)       The Stuart Florida Residential Market for ZIP Code 34997 remains very active with strong sales and pending sales.  The inventory remained relatively steady for this month after numerous months of decreases in the number of available homes for sale.      The absorption rate remained almost unchanged at 2.79 months (was 2.8 months for May).  Remaining in a ... 07/26/2018

Stuart FL 34996 Condo Market Report June 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Condo Sales for June 2018 For June 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 106 active condo listings (Down by 12 condos from last month). 38 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from May). 29 Condos Sold in June (Down by 11 condos from May)  The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and the inventory continues to decline.  Hopefully, this is just a seasonal slow down which is typical for condos in our area. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.7 months from May’s 3.0 months.  Still in a stro... 07/25/2018

Stuart FL 34996 Residential Market Report June 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for June 2018 For June 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 105 active listings (Decreased by 10 homes from May). 34 Residential sales are pending and awaiting close or lender approval (Down by 7 homes from May). 26 Homes Sold in June (Up by 6 homes from May). The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market.  Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June. The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months.  D... 07/24/2018

Stuart FL 34994 Condo Market Report June 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2018 For June 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 83 active condo listings (Up by 2 condos from May). 55 Condo sales are pending and awaiting close or lender approval. (Decreased by 13 condos from last month)  25 Condos Sold in May (Decreased by 9 condos from May). The Stuart FL 34994 Condo market continues to show very strong activity.  Not quite as strong as last month, but still a ver active seller’s market.  We could use a greater inventory of condos for sale. The absorption rate for May rose to 3.3 months compared to last month’s 2.4.  Remaining in a strong seller’s market for this condo segment of Stuart’s 34994 zip code area ... 07/23/2018

Stuart Florida 34994 Residential Market Report June 2018STUART REAL ESTATE Snapshot for ZIP Code 34994, Residential Sales for June 2018For June 2018 in the 34994 Zip Code area of Stuart, Florida :There are currently 69 active listings (Up by 2 homes from May)28 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).17 Homes Sold in May (Decreased by 6 homes from May)The residential real estate market for the 34994 ZIP code area of the Stuart, Florida eased a little for June but remains very active.The one-month absorption rate for the 34994 zip code for May rose to 4.1 months from 2.9 months for May.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL.  A 6 to 7-month absorption rate is considered a balanced marke... 07/20/2018

Rocky Point July 2018 Market Report Here is your Rocky Point July 2018 market Report in Stuart Florida: There are currently 27 active listings in the Rocky Point area of Stuart FL which include both condos and homes.  List prices range from a low of $99,500 up to $699,900 which results in an average list price of $377,241 or $182.88 per square foot of living area. 19 homes and condos are under contract (pending sales) and awaiting closing.    List prices ranged from $75,000 up to $2,750,000 for an average list price of $407,328 which is $178.62 per square foot of living area.  These properties averaged 65 days on the market before accepting a contract. In the past 12 months, 132 properties have sold in Rocky Point with sales prices ranging from $63,999 up to $1,700,000 for an average s... 07/13/2018

Willoughby Golf Club Stuart June 2018 Market Report There are currently 6 homes on the market in the Willoughby Golf Club, ranging in price from $409,000 to $1,595,000.  The average listing price is $777,150 which equates to a price per sq. ft. of living area of $210.38. There are 7 homes under contract which have not closed as this post was written.  The list prices of these pending sales range from $275,000 to $699,000 for an average list price of $436,129 which equates to $168.72 per sq. ft. of living area.  These homes averaged 208 days on market prior to going under contract. In the past 12 months, 17 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $255,000 up to $950,000 for an average sales price of $510,118 which equals $174.32 per sq. ft. of living area.... 07/12/2018

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report As of June 2018, there is only 1 home available to purchase in the Woodmill Pond community of Stuart FL.  This home was listed for $259,999 which equals $116.80 per sq. ft. of living area. There are no homes currently under contract. In the past 12 months, 7 townhomes have sold in Woodmill Pond.  Sales prices ranged from $219,000 up to $245,000 for an average sales price of $234,714 which works out to $102.93 per sq. ft. of living area.  These homes averaged 50 days on the market before going under contract and sold for an average of 99% of list price. About Woodmill Pond Townhomes in Stuart FL: Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of ... 07/09/2018

Little Ocean Club on Hutchinson Island June 2018 Market ReportAs of June 2018, there are two condos available for sale in the Little Ocean Club on Hutchinson Island in Stuart FL.  These two condos are listed for $235,000 and $269,000 for an average list price of $252,000 or $238.74 per sq. ft. of living area.There are no condos currently under contract.In the past 12 months, 3 condos have sold.  The sales prices ranged from $214,000 up to $320,000 which is an average sales price of $251,333 and also an average of $208.75 per sq. ft. of living area.  These condos sold for an average of 89% of list price and it took an average of 131 days on the market before they went under contract.About the Little Ocean Club Condos on Hutchinson Island:The Little Ocean Club Condos of Hutchinson Island ... 07/06/2018

Locks Landing in Stuart Florida June 2018 Market ReportAs of June 2018, there are 4 homes on the market in Locks Landing in Stuart Florida.  These homes are listed from $420,000 up to $529,000 for an average list price of $464,750 which equals to $194.43 per sq. ft. of living area.There is 1 home currently under contract.  The list price was $380,000 or $202.24 per sq. ft. of living area.  This home was on the market for 32 days prior to going under contract.In the past 12 months, 15 homes have sold in Locks Landing with sales prices ranging from $368,000 up to $520,000 for an average sales price of $452,787 or $190.33 per sq. ft. of living area. These sales averaged 96% of list price and on average went under contract within 74 days of being listed.About Locks Landing in Stuart FL:Lock... 07/05/2018

Stuart FL 34997 Condo Market Report May 2018 STUART REAL ESTATE Snapshot for ZIP Code 34997, Condo Sales for May 2018 For May 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 50 active condo listings (Down by 7 condos from April). 26 Condo sales are pending and awaiting close or lender approval (Up by 7 condos from April). 17 Condos Sold in May (Increased by 8 condos from April).       The Stuart FL condo market for zip code 34997 showed strong activity for May.  Both pending and closed sales improved from last month, while we remain in great need of more condos available to purchase (inventory) in this area of Stuart FL.      The absorption rate plunged to 2.9 months in May compared to 6.3 months for April.  Back into a strong seller’s market for the 34997 zip c... 07/02/2018

Stuart FL 34997 Residential Market Report May 2018 STUART FLORIDA REAL ESTATE Snapshot for ZIP Code 34997, Residential Sales for May 2018 For May 2018 in the 34997 Zip Code area of Stuart, Florida: There are currently 259 active listings (Decreased by 17 homes from April). 156 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from April). 93 Homes Sold in May (Increased by 9 homes from April)       The Stuart Florida Residential Market for ZIP Code 34997 remains very active.  There is strong sales and pending activity.  Unfortunately, the number of homes available to purchase continues to decline and this will have an impact on future sales volume.        The absorption rate decreased to 2.8 months (was 3.3 months for April).  Remaining in a ver... 06/29/2018

Stuart FL 34996 Condo Market Report May 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Condo Sales for May 2018 For May 2018 in the 34996 Zip Code area of Stuart, Florida : There are currently 118 active condo listings (Down by 7 condos from last month). 46 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from April). 40 Condos Sold in May (Up by 1 condos from April)  The Stuart FL 34996 Condo Market of Stuart continues with strong sales and pending activity.  Pending numbers were off from last month which is not unexpected as we dip into lower inventory levels.  This should affect future sales volume for the coming months. The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.0 months from April’s 3.2 months.  St... 06/28/2018

Snug Harbor June 2018 Market ReportAs of June 2018, there were no active listings in Snug Harbor in Stuart, FL.There is one home currently under contract.  List price was $1,700,000 for $$1,082.80 per sq. ft. of living area.  This home was on the market for 165 days prior to going under contract.3 homes have sold in Snug Harbor in the past 12 months.  Ranging in sales price from a low of $1,210,000 up to $2,150,000.  The average sales price was $1,695,000 or $499.46 per sq. ft. of living area.  These sales averaged 93% of the last listed price and averaged 122 days on market prior to going under contract.About Snug HarborSnug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique s... 06/28/2018

Stuart FL 34996 Residential Market Report May 2018 STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for May 2018 For May 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida : There are currently 115 active listings (Decreased by 13 homes from April). 41 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from April). 20 Homes Sold in May (Down by 8 homes from April). The 34996 zip code area of the Stuart Florida residential real estate market continues to be active but with weaker activity than last month.  The inventory of available homes for sale is becoming an issue and may continue to affect the volume of sales in the near future. The one-month absorption rate for the 34996 zip code area of Stuart Florida for May rose to... 06/27/2018

Stuart FL 34994 Condo Market Report May 2018  Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for May 2018 For May 2018 in the 34994 Zip Code area of Stuart, Florida : There are currently 81 active condo listings (Down by 16 condos from April). 68 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month)  34 Condos Sold in April (Increased by 6 condos from April). The Stuart FL 34994 Condo market is now into historic low inventory levels which I have not seen before.  Yet the volume of both pending and closed sales rose for May.  This activity may not be sustainable if the inventory continues to drop. The absorption rate for April dropped to 2.4 months compared to last month’s 3.5.  Even a stronger seller’s market for this con... 06/26/2018