Coral Lakes May 2018 Market Report

Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Coral Lakes May 2018 Market Report

For may 2018 there are 5 homes available for sale in Coral Lakes in Stuart FL.  These homes are listed from $364,500 up to $750,000 for an average list price of $504,280 which is equal to $194.20 per sq. ft. of living area.

There is one home currently under contract in Coral Lakes.  This home was listed for $385,000 or $205.88 per sq. ft. of living area and was on the market for 48 days before going under contract.

6 homes have sold in the past 12 months in Coral Lakes.  These homes sold for $272,000 up to $449,900 for an average sales price of $370,273 which works out to $179.49 per sq. ft. of living area. These homes were on the market for an average of 75 days before going under contract and sold for 95% of the list price.

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2018).  Many homes have private pools in these spacious single family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.


Coral Lakes May 2018 Market Report


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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Gabe. A choice location for the north or south commuter using I-95! Thanks for the update. Enjoy your day!

May 19, 2018 05:13 AM #1
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Always appreciate the insight from a local expert. Have a great weekend!

May 19, 2018 05:36 AM #2
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, excellent presentation for Coral Lakes, and valuable information for buyers to help make decisions.

May 19, 2018 06:12 AM #3
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

Good morning, Gabe Sanders buyers and sellers in Coral Lakes would be wise to call you for guidance when they need to hire the services of a real estate agent.... you've provided good information for them and they should feel confident with hiring you.

May 19, 2018 06:40 AM #4
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local community reports.

May 19, 2018 06:51 AM #5
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

With 5 homes available at Coral Lakes, any buyer intersted in Stuart Florida must call Gabe for all the details on these homes.

May 19, 2018 07:02 AM #6
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Gabe - another outstanding update -- when it come to knowledge and local insight you walk the talk. 

May 19, 2018 05:34 PM #7
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Gabe Sanders

Stuart Florida Real Estate
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