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.
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 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.
Stuart Florida Estate is presented by:
the Gabe Sanders real estate team