River Village December 2015 Market Report
There is only one River Village Condo available for sale as of late December 2015. The list price for this condo is $359,000 which equals $370.10 per sq. ft. of living area. There is also one condo under contract that has yet to close. The list price was $249,900 which equals $257.63 per sq. ft. of living area. This condo was on the market for over 200 days prior to accepting this offer. In the past 12 months, 3 condos have sold in River Village. Sales prices ranged from $229,900 up to $290,000 for an average sales price of $268,633 or $258.78 per sq. ft. of living area. These condos sold for an average of 92% of the last listing price and were on the market for an average of 25 days prior to accepting a contract.
River Village in Indian River Plantation
The River Village condos of Hutchinson Island in the Indian River Plantationcomplex of Stuart consist of four four story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built in 1980 with most units having views of the Intracoastal Waterway also knows as the Indian River.
There are 64 units all are two bedroom two bath condos of with either 1,068 or 970 sq. ft. of living area. This is a pet friendly building. River Village residents enjoy their own community pool for River Village resident’s exclusive use.
Current condo and management fees are around $1,475 per quarter.