Palm City FL 34990 Condo Market Report July 2017

Palm City FL 34990 Condo Market Report July 2017

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

 

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



There are currently 75 active condo listings. (Unchanged from June)

   Palm City FL 34990 Condo Market Report July 2017

9 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month)

Palm City FL 34990 Condo Market Report July 2017

2 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow for Palm City condos and remains a difficult market for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)

The current absorption rate for condos in the 34990 zip code area jumped to 37.5 months (was 12.5 months in June).  An extreme buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2016 numbers were: 60 active listings, 7 pending sales and 3 closed sales.   Invenory has increased from last year and activity is slightly slower as well.
Palm City FL 34990 Condo Market Report July 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 July 2017

Pipers Landing August 2017 Market Report

Pipers Landing August 2017 Market Report

There are currently 25 active listings for sale in Pipers Landing.  List prices for these homes range from $25,000 to $1,200,000 for an average list price of $262,704 which equals $91.14 per sq. ft. of living area.

As of this time there are 2 homes and 1 condo under contract which haven’t closed to date.  List prices for these properties were $249,000 and $399,900 for an average of $324,450 which is $96.65 per sq. ft. of living area.  These 2 homes averaged 157 days on market before going under contract.

In the past 12 months 16 homes have sold in Pipers Landing.  The sales prices ranged from a low of $26,357 up to $750,000.  The average sales price was $215,554 or $65.59 per sq. ft. of living area.  These sold listings averaged 170 days on the market before going under contract and sold at an average of 85% of the list price.

About Pipers Landing in Palm City FL:

Pipers Landing in Palm City FL

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.
Pipers Landing in Palm City FL

This is an equity golf course community (membership is mandatory).  Championship Joe lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Pipers Landing in Palm City FL

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Palm City Real Estate is presented by:
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Pipers Landing August 2017 Market Report

Stuart Florida 34994 Residential Real Estate Market Report July 2017

Stuart Florida 34994 Residential Real Estate Market Report July 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2017

For July 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 75 active listings (Increased by 3 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

29 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential July 2017

12 Homes Sold in June (Down by 4 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida remains active but at a slower rate as we head into the summer season.

The one month absorption rate for the 34994 zip code for July increased to 6.25 months from 5.5 months for June.  Bringing the 34994 zip code area of Stuart, FL back into a balanced market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2016 numbers were 70 Active Listings, 34 pending sales, and 18 closed sales.  Better sales and pending activity last year with a little larger inventory.

Stuart Florida Market Report ZIP Code 34994 Residential July 2017

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report July 2017

Palm Cove Golf and Yacht Club August 2017 Market Report

Palm Cove Golf and Yacht Club August 2017 Market Report

There are currently 8 properties actively listed in Palm Cove Yacht and Golf Club for August 2017 in Palm City, Florida.  List prices range from a low of $279,000 up to the highest which is a waterfront home for $2,075,000.  The average list price is $931,344 which works out to $223.19 per square foot of living area.

There are 2 homes currently under contract in the Palm Cove community of Palm City as of August 2017.  List prices are $360,000 and $689,000 for an average list price of $524,500 which equals $194.58 per square foot of living area.  These homes averaged 76 days on the market before going under contract.

In the past 12 months, 17 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $245,000 up to $1,800,000 for an average sales price of $602,620 or $181.81 per square foot of living area.  These homes were on the market for an average of 86 days prior to going under contract and sales prices averaged at 96% of the list price

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club in Palm City

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Golf and Yacht Club in Palm City

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club in Palm City

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.

Palm Cove Golf and Yacht Club in Palm City

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

guardgate

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Palm Cove Golf and Yacht Club in Palm City

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Palm Cove Golf and Yacht Club August 2017 Market Report

The Yacht and Country Club of Stuart July 2017 Market Report

The Yacht and Country Club of Stuart July 2017 Market Report

July 2017 Market Update:

There are 18 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $199,000 to $1,500,000 for an average list price of $516,364 which works out to $211.52 per sq. ft. of living area.

There are currently 7 homes under contract ranging in list price from $270,000 up to $1,149,000.  The average list price of these pending sales is $543,698 or $201.18 per sq. ft. of living area.  These homes averaged 160 days on market before going under contract.

32 homes have sold in the past 12 months.  Ranging in sales price from $206,500 to $755,000.  The average sales price was $360,897 which comes out to $164.69  per sq. ft. of living area.  These homes went under contract in an average of 94 days with sales prices averaging for 96% of list price.

About the Yacht and Country Club of Stuart:

 
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 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 July 2017 Market Report