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)

SINGLE FAMILY Number of Sales

2023

2024

137

129

▼5.8%

Average Sales Price

$2,358,285

$2,129,076

▼9.7%

Median Sales Price

$1,600,000

$1,550,000

▼3.1%

Average Square Footage

3,474

3,351

▼3.5%

Price Per Square Foot

$648

$627

▼3.2%

Average DOM

94

105

▲11.8%

Sales Sold at Original List Price

17

13

▼23.5%

Top Sale Price

$11,175,000

$15,000,000

▲34.2%

Total Sale Volume

$323,085,090

$274,650,757

▼15.0%

Condos & Townhomes

% CHANGE (1 YEAR)

CONDO/CO-OP/TOWNHOME

2023

2024

Number of Sales

33

22

▼33.3%

Average Sales Price

$1,843,858

$1,979,427

▲7.4%

Median Sales Price

$1,450,500

$1,682,500

▲16.0%

Average Square Footage

2,242

2,422

▲8.1%

Price Per Square Foot

$794

$809

▲1.8%

Average DOM

311

131

▼57.9%

Sales Sold at Original List Price

2

4

▲100.0%

Top Sale Price

$4,250,000

$4,241,250

▼0.2%

Total Sale Volume

$60,847,301

$43,547,400

▼28.4%

Top Residential Sale $15.995M 1005 NE DOUBLOON DR, STUART, FL 34996

LUXURY REPORT

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