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Kingswood Condo August 2015 Market Report

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Kingswood Condo August 2015 Market Report

August 2015 Market Update:

There are 8 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from$49,900 to $98,000 for an average list price of $67,825 which equals $66.36 per sq. ft. of living area.

There are currently 4 condos under contract with list prices from$52,0000 to $119,00 for an average list price for these pending sales of $85,225 or $73.53 per sq. ft. of living area.

29 condos have sold in the past 12 months.  Ranging in sales price from $28,000 to $85,000.  The average sales price was $55,833 which comes out to $53.29 per sq. ft. of living area.  These condos sold on average of 67 days on market days with sales prices at 89% of list price.

Kingswood Condos in Stuart FL

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 Condo August 2015 Market Report

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.

Kingswood Condo in Stuart FL

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.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

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.

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Kingswood Condos for Sale

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Kingswood Condo August 2015 Market Report

 

Jan Sohlman
RE/MAX Integrity - Eugene, OR
RE/MAX Integrity

Thanks for posting this. Condos selling for 52,000 to 119,000 are great prices for buyers. I know that does not include the monthly HOA's but those prices are hot!

Sep 10, 2015 04:30 AM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Great price per square foot in Kingswood Condo, sounds very reasonably priced.

Sep 10, 2015 05:09 AM
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 Wow those are great prices per square foot! No wonder many retirees flock there not to mention the great weather!

PS I too hope for no hurricanes!

Sep 10, 2015 06:45 AM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Nice report on Kingswood Gabe Sanders ....I hope you have a great night in FL!

Sep 10, 2015 08:56 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, well done Kingswood Condo market report.

Sep 10, 2015 12:08 PM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate your local market reports.

Sep 10, 2015 09:26 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, Kingswood is a very affordable community in Stuart FL.  But, it is less affordable than it was last year, and probably still more affordable than it will be next year.

Sep 10, 2015 09:37 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate this information.

Sep 10, 2015 10:01 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Jun 04, 2016 08:05 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For those interested, here’s a link for more information about Stuart FL real estate.

Jun 04, 2016 08:05 AM