Page 41 - IPRE Luxury Report

STUART
RELAXED | BEACH TOWN | HISTORIC
Stuart, the hub of Martin County, also known as the “Sailfish Capital of the World” because of the many sailfish found off the coast, is located along the banks of the St. Lucie River. Stuart is located on the eastern point of the Okeechobee Waterway, which extends from the Atlantic Ocean in Stuart to the Gulf of Mexico in Ft. Myers.
Adventurers wanting to get back to nature will find an array of outdoor options in the area, including kayaking, hiking, biking and birding options. Finally, take a romantic stroll along Stuart’s Riverwalk and enjoy the scenery or gaze upon the Roosevelt Bridge, voted one of the most “Spectacular Bridges Around the World.”
Single Family Homes
SINGLE FAMILY HOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average Days on Market
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
24
$2,266,458
$1,545,000
3,817
$593
62
3
$5,000,000
$54,395,000
2023 Q2
39
$2,242,562
$1,675,000
3,729
$596
93
6
$5,350,000
$87,459,900
2023 Q3
31
$2,204,971
$1,235,000
3,357
$631
85
2
$7,750,000
$68,354,100
2023 Q3
24
$2,001,592
$1,355,781
2,799
$697
263
4
$7,750,000
$48,038,211
% CHANGE (YEAR)
▲29.2%
▼2.7%
▼20.1%
▼12.1%
▲6.4%
▲37.4%
▼33.3%
▲55.0%
▲25.7%
% CHANGE (YEAR)
▲200.0%
▼10.5%
▲0.4%
▼28.7%
▲25.6%
▲441.0%
▲300.0%
▲55.0%
▲168.4%
% CHANGE (QUARTER)
▼20.5%
▼1.7%
▼26.3%
▼10.0%
▲5.9%
▼8.2%
▼66.7%
▲44.9%
▼21.8%
% CHANGE (QUARTER)
▼22.6%
▼14.4%
▼26.7%
▼19.5%
▲1.4%
▲226.3%
▲33.3%
▲44.9%
▼33.7%
Condos & Townhomes
CONDOS/TOWNHOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average Days on Market
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
8
$2,236,875
$1,350,000
3,924
$555
49
1
$5,000,000
$17,895,000
2023 Q2
31
$2,337,884
$1,850,000
3,477
$688
81
3
$5,350,000
$72,474,400
TOP RESIDENTIAL SALE $7.7M
7032 SE HARBOR CIR, STUART, FL 34996
ILLUSTRATED PROPERTIES | IPRE.COM