Mariner Sands August 2017 Market Report

Mariner Sands August 2017 Market Report

For late August 2017 there are 38 properties for sale in Mariner Sands.  These 38 properties include a mix of condos and homes.  The list prices range from $144,900 up to $599,000 for an average list price of $341,821 which works out to $139.51 per sq. ft. of living area.

There are 10 homes under contract (pending) which have not completed the sales process to date.  List prices were from $225,000 up to $675,000 for an average of $$403,560 or $159.07 per sq. ft. of living area.  These homes averaged 119 days on market prior to going under contract.

In the past 12 months, 42 homes and condos have sold.  Sales prices ranged from $128,000 up to $600,000 for an average sales price of $372,121 which equals $141.60 per sq. ft. of living area.  These homes averaged 111 days on the market before going under contract and sold on average at 92% of the last listed price.

About the Mariner Sands Golf & Country Club:

Clubhouse of Mariner Sands Golf Club in Stuart Florida

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Chapel in Mariner Sands Golf Club in Stuart Florida

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics as well as tournaments keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Golf Course of Mariner Sands Golf Club in Stuart Florida

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Golf Views of Mariner Sands Golf Club in Stuart Florida

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has it’s own chapel. It has multi-denominational worship services and is host to art classes, a library and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one time non-refundable capitol contribution of $20,000 for anyone purchasing a Mariner Sands residence.

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Mariner Sands August 2017 Market Report

Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34996 Condo Market Report July 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2017

For July 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Decreased by 10 condos from last month).

Stuart FL 34996 Condo Market Report July 2017

43 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from June).

Stuart FL 34996 Condo Market Report July 2017

21 Condos Sold in July (Down by 5 condos from June) 

Stuart FL 34996 Condo Market Report July 2017

The Stuart FL 34996 Condo Market of Stuart had fewer sales for July when compared to last month but continues with very strong activity through the summer.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.8 months from June’s 5.1 months.  Remaining as a sellers market for this segment of Martin County condos, but mow almost a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2016 were: 120 active listings, 33 pending sales and 16 closed sales.  Stronger activity for this year when compared to July of 2016.

Stuart FL 34996 Condo Market Report July 2017

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Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34994 Condo Market Report July 2017

Stuart FL 34994 Condo Market Report July 2017 

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for July 2017

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

 

There are currently 77 active condo listings (Down by 13 condos from June).

Stuart FL 34994 Condo Market Report July 2017

41 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month) 

Stuart FL 34994 Condo Market Report July 2017

30 Condos Sold in July (Up by 9 condos from June).

Stuart FL 34994 Condo Market Report July 2017

The Stuart FL 34994 Condo market showed surprisingly strong activity for a typically slowe summer season.  A very hot market (pun intended).

The absorption rate for July dropped to 2.6 months compared to last month’s 4.3.  An even stronger sellers’ market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last July the numbers were 74 active listings, 29 pending sales, and 10 closed sales.  Much better activity for this year when compared to July of 2016.

Stuart FL 34994 Condo Market Report July 2017

Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2017

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.

 

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Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart July 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report

As of July 2017, there are 10 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $169,900 up to $229,500.  The average listing price $199,970 which equals a price per square foot of living area of $199.71.

There is one Circle Bay condo under contract and awaiting close.  The list price was $129,000 or $171.77 per sq. ft. of living area.  This condo was on the market for 26 days before going under contract.

In the past 12 months, 22 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $95,500 up to $245,000 for an average sales price of $171,564 which is $168.62 per sq. ft.  These condos sold for an average of 96% of the last listed price and in an average of 85 days on market prior to accepting an offer that resulted in the sale.

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FLThe Circle Bay condo complex is a waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access.  Docks are not deeded, rather rented at reasonable monthly rates.  Heated pools, clubhouse, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club.  Rentals are permitted with restrictions.  Sorry, no pets.  Circle Bay has both elevator and non-elevator buildings.  Covered car ports.

Circle bay Yacht Club Stuart FL Circle bay Yacht Club Stuart FL

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL July 2017 Market Report