August 2013 Market Update for Martins Crossing

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

 

August 2013 Market Update for Martins Crossing

There are currently 7 homes for sale in Martins Crossing.  4 townhomes (priced from $121,500 to $169,000) and 3 single family homes priced from $199,000 to $289,000.  The average price per square foot of living area is $102.80.  Of these, one townhome is a short sale and two townhomes are bank owned.

There are nine homes under contract.  3 townhomes and 6 single family. Listing prices ranged from $109,000 to $289,000. This equates to an average of $93.78 per square foot of living area.

In the past twelve months, 49 homes have sold in Martins Crossing.  14 townhomes (sales prices ranged from $97,00 to $154,900) while the 35 homes had prices ranging from 130,000 to $270,000.  The overall sales price per square foot was $89.46 at an average list to sales ratio of 96%.   There were 13 short sales and 9 foreclosures in these sales.

The number of foreclosures and short sales has drastically declined in Martins Crossing and prices have risen significantly in the past 6 months.

August 2013 Market Update for Martins Crossing

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  August 2013 Market Update for Martins Crossing, boasts of  596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

 August 2013 Market Update for Martins Crossing

August 2013 Market Update for Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby. 

August 2013 Market Update for Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

August 2013 Market Update for Martins Crossing

 

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August 2013 Market Update for Martins Crossing

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Florida Martin County Stuart Martins Crossing
Groups:
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Rainmaker
4,432,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your market.

Aug 24, 2013 09:43 PM #1
Rainmaker
861,225
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ
Broker/Owner

GOOD MORNING GABE ... might be a hard question, but do you think condos/townhomes are bigger sellers in your area than SFR?  Just curious.

Aug 24, 2013 10:05 PM #2
Ambassador
3,984,588
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Gabe, I like the photos of the development especially the aerial with the defining arrows. This is all good market information for the buyers and sellers of Martins Crossing.

Aug 24, 2013 10:46 PM #3
Rainmaker
1,530,249
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Very nice report. Martins Crossing looks like a real nice community...nice community pool!

Aug 24, 2013 10:47 PM #4
Rainmaker
1,266,773
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Gabe:

This looks like a great community. Hope you have a wonderful weekend. 

Aug 24, 2013 11:18 PM #5
Rainmaker
5,621,404
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for your report on Martins Crossing. Maryland retirees will love the attractive home prices.

 

Aug 25, 2013 01:55 AM #6
Rainmaker
1,133,194
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe - Great information for anyone following the housing market in Martins Crossing.  Your photos of the area really add that personal touch!

Aug 25, 2013 06:03 AM #7
Ambassador
1,510,732
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Martins Crossing looks so incredibly affordable!

Aug 25, 2013 08:11 AM #8
Rainmaker
2,304,259
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Nice job with the report. Lots of great prices available for all prospective buyers.

Make it a great week!

Aug 25, 2013 07:49 PM #9
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Renee, prices are rising quickly in Martins Crossing.  This is one of the communities that was completed just before the bubble and there were a large number of foreclosures and short sales.  Now, those are dwindling and prices are rising.

Aug 25, 2013 09:19 PM #10
Rainmaker
4,798,170
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.

Dec 15, 2015 03:45 AM #11
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Gita, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:40 AM #12
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Gabrielle, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #13
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Debbie, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #14
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Gary, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #15
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Alan, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #16
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Roy, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #17
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Laura, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #18
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Renee, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:41 AM #19
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Joe, thanks for taking the time to comment it is always appreciated.

Dec 08, 2018 05:42 AM #20
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