Illustrated Properties 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

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

SINGLE FAMILY HOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

33

48

32

▼3.0%

▼33.3%

Average Sales Price

$2,231,942

$2,099,512

$2,116,198

▼5.2%

▲0.8%

Median Sales Price

$1,249,200

$1,649,788

$1,575,000

▲26.1%

▼4.5%

Average Square Footage

3,357

3,485

3,286

▼2.1%

▼5.7%

Price Per Square Foot

$631

$597

$658

▲4.4%

▲10.2%

Average Days on Market

87

103

131

▲50.7%

▲26.4%

Sales Sold at Original List Price

2

2

3

▲50.0%

▲50.0%

Top Sale Price

$7,750,000

$6,150,000

$4,200,000

▼45.8%

▼31.7%

Total Sale Volume

$73,654,100

$100,776,565

$67,718,347

▼8.1%

▼32.8%

Condos & Townhomes

% CHANGE (1 YEAR)

% CHANGE (1 QUARTER)

CONDOS/TOWNHOMES

2023 Q3

2024 Q2

2024 Q3

Number of Sales

10

8

5

▼50.0%

▼37.5%

Average Sales Price

$1,311,730

$1,704,375

$2,926,500

▲123.1%

▲71.7%

Median Sales Price

$1,287,376

$1,405,000

$2,200,000

▲70.9%

▲56.6%

Average Square Footage

1,803

2,249

3,078

▲70.7%

▲36.9%

Price Per Square Foot

$729

$790

$927

▲27.2%

▲17.4%

Average Days on Market

548

77

264

▼51.8%

▲242.9%

Sales Sold at Original List Price

1

1

0

▼100.0%

▼100.0%

Top Sale Price

$1,583,250

$2,900,000

$4,241,250

▲167.9%

▲46.3%

Total Sale Volume

$13,117,301

$13,635,000

$14,632,500

▲11.6%

▲7.3%

Top Residential Sale $4.2M 811 SE RIVERSIDE DR, STUART, FL 34994

LUXURY REPORT

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