Palm City FL 34990 Condo Market Report January 2017

Palm City FL 34990 Condo Market Report January 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for January 2017

 

For January 2017 in the 34990 Zip Code area of Palm City, Florida :



There are currently 91 active condo listings. (Increased by 5 condos from December)

   Palm City FL 34990 Condo Market Report January 2017

8 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

Palm City FL 34990 Condo Market Report January 2017

5 Condos Sold in January. (Up by 1 condos from December)

Palm City FL 34990 Condo Market Report January 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  The inventory continues to rise while closed and pending sales are basically holding steady.

The current absorption rate for condos in the 34990 zip code area decreased to 18.5 months (was 21.5 months in January). Still an extreme buyers’ market for Palm City condominiums but trending in the right direction.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The January 2016 numbers were: 64 active listings, 9 pending sales and 2 closed sales.   Better closed sales numbers this year, but this is with a considerable increase in inventory.
Palm City FL 34990 Condo Market Report January 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report January 2017

VilaBella Town-Home Condos in Stuart FL February 2017 Update

VilaBella Town-Home Condos in Stuart FL February 2017 Update
 
In February of 2017 there is only 1 townhome for sale in VilaBella.  This home is listed for $178,888 which is $121.36 per sq. ft. of living area.
There are two pending sales currently in Vilabella. List prices were $174,900 and $183,000 for an average of $178,950 which equals $122.68 per sq. ft. of living area.  These two townhomes averaged 11 days on market prior to going under contract.
In the past 12 months, 4 homes have sold with sales prices ranging from $142,340 up to $182,500 with an average sales price of $165,460 which equals $110.21 per sq. ft. of living area.  These sales averaged 62 days on market before going under contract and sold at 94% of list price.
VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos


These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet friendly condominiums feature stainless steel appliances with granite counter tops in the kitchen and in the bathrooms. All units have one car garages and terraces with beautiful views of this well landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious club house with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!

VilaBella Town Home Condos in Stuart, Florida

VilaBella Town Home Condos

VilaBella Town Home Condos in Stuart, Florida

Community Pool in VilaBella Town Home Condos


Search Here for VilaBella Town Home Condos for Sale

VilaBella Town-Home Condos in Stuart FL February 2017 Update

 

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Palm City FL 34990 Residential Market Report January 2017

Palm City FL 34990 Residential Market Report January 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for January 2017

 

For January 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 421 active listings (Increased by 5 homes from December)

Palm City FL 34990 Residential Market Report January 2017

125 Residential sales are pending and awaiting close or lender approval. (Up by 32 homes from last month)

Palm City FL 34990 Residential Market Report January 2017

52 Homes Sold in December (Down by 13 homes from December)

Palm City FL 34990 Residential Market Report January 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in inventory and very strong pending sales numbers which should result in a higher sales volume on the coming months.  Closed sales were off for the month.
The monthly absorption rate increased to 8.1 months from 6.4 months in December.  Back into a buyers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2016 numbers were:  400 active listings, 156 pending sales and 49 closed sales.  Just a small increase in sales when compared to last year with fewer pending sales and a greater inventory.

Palm City FL 34990 Residential Market Report January 2017

 Search here for Palm City Florida Real Estate for Sale

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City FL 34990 Residential Market Report January 2017

The Yacht and Country Club of Stuart February 2017 Market Report

The Yacht and Country Club of Stuart February 2017 Market Report

February 2017 Market Update:

There are 17 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $244,850 to $1,795,000 for an average list price of $692,844 which works out to $189.70 per sq. ft. of living area.

There are currently 6 homes under contract ranging in list price from $449,000 up to $799,000.  The average list price of these pending sales is $559,333 or $187.70 per sq. ft. of living area.  These homes averaged 195 days on market before going under contract.

23 homes have sold in the past 12 months.  Ranging in sales price from $183,000 to $1,400,000.  The average sales price was $508,516 which comes out to $155.15 1 per sq. ft. of living area.  These homes went under contract in an average of 158 days with sales prices averaging for 93% of list price.

 
The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart, Florida Clubhouse

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Yacht and Country Club of Stuart, Florida Canal

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist.  Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart, Florida Homes

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

Search here for available homes in the Yacht and Country Club of Stuart, Florida
Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart February 2017 Market Report

Stuart FL 34997 Condo Market Report January 2017

Stuart FL 34997 Condo Market Report January 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2017

 

For January 2017 in the 34997 Zip Code area of Stuart, Florida :

There are currently 80 active condo listings (Decreased by 3 condos from December).

Stuart FL 34997 Condo Market Report January 2017

34 Condo sales are pending and awaiting close or lender approval (Up by 5 condos from December).

Stuart FL 34997 Condo Market Report January 2017

15 Condos Sold in January (Increased by 4 condos from December).

Stuart FL 34997 Condo Market Report January 2017

     The Stuart FL condo market for zip code 34997 showed a strong start to the beginning of 2017 with increases in both pending and closed sales.
     The absorption rate dropped to 5.3 months in January from 7.5 months for December.  Back into a sellers’ market for the 34997 zip code of Stuart FL. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The January 2016 numbers were: 79 active listings, 29 pending sales and 8 closed sales.  Considerably improved activity for this year as compared to 2016.

Stuart FL 34997 Condo Market Report January 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2017