Is Stuart, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Stuart was a Seller's Market.
Housing Prices in Stuart, FL
How much do homes in Stuart, FL cost?
Median Sold Price
$413,935
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stuart was $413,935 in March 2024, up 22% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $143.2K | -7.6% |
2 Bedrooms | $255K | $285K | +11.8% |
3 Bedrooms | $418.9K | $452K | +7.9% |
4 Bedrooms | $762K | $720K | -5.5% |
5+ Bedrooms | $3.2M | $655K | -79.8% |
Summary: Stuart housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 79.8%.
Median Sold Price Compared To Nearby Cities
Stuart | $339.3K | $413.9K | +22.0% |
Palm City | $580.8K | $670.3K | +15.4% |
Port Salerno-Hobe Sound | $445.5K | $492.5K | +10.5% |
Jensen Beach | $479.9K | $470K | -2.1% |
Housing Supply in Stuart, FL
How many homes are available in Stuart, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
561 | 589 | +5.0% |
Summary: The Stuart real estate market had 589 homes for sale in March 2024, a 5.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 44 | 43 | -2.3% |
2 Bedrooms | 211 | 232 | +10.0% |
3 Bedrooms | 198 | 204 | +3.0% |
4 Bedrooms | 76 | 76 | 0.0% |
5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The Stuart housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
78 | 83 | +6.4% |
Asking Price vs. Sold Price
63 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in Stuart in March 2024, up by 6.4% month-over-month. Of the 83 sold homes, 76% were sold under asking, 11% were sold at asking, and 13% were sold over asking.
Days on Market for Stuart, FL
How long does it take to sell a home in Stuart, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 67 Days | +10.7% |
Summary: Homes in Stuart had an average of 67 days on market in Mar 2024, up by 10.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Summary: During March 2024, 83 homes were sold in Stuart; 41% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.