Summerfield Real Estate Market Report January 2019

Summerfield Real Estate Market Report January 2019

As of January 2019, there are 4 homes on the market in Summerfield ranging in listing price from $329,900 up to $475,000.  This is an average list price of $410,975 which equals $188.42 per square foot of living area.

There are 2 homes under contract (pending) awaiting their closing. Listing prices were $424,000 and $449,000.  This equals an average list price of $436,500 which is $203.23 per square foot of living area. These homes averaged 21 days on the market prior to receiving an accepted offer.

In the past 12 months, 24 Summerfield homes have sold.  Sales prices ranged from $270,000 up to $710,000.   This works out to an average sales price of $383,829 which equals $191.83 per square foot of living area.  These homes averaged 48 days on the market before going under contract and the average list to sales price ratio was 97%.

About Summerfield the Home of the Champions Golf Club:

Summerfield in Stuart Florida

Summerfield is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio designed course is open to the public with very reasonable membership fees.  Visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

the Champions Club at Summerfield

The residential section is known as Summerfield and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield in Stuart Florida

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club.  All of these amenities are available at the very reasonable HOA fee of $130.00 a month, along with the convenience of on-site manager to handle any issues that may arise.

the Champions Club at Summerfield

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the Palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

Summerfield in Stuart Florida

The following homes are currently available for sale in Summerfield:

Summerfield Homes for Sale

Stuart Florida Real Estate

Summerfield Real Estate Market Report January 2019

Edgewater Villas Condominiums January 2019 Market Report

Edgewater Villas Condominiums January 2019 Market Report

For January 2019 there are 2 condos available for sale in the Edgewater Villas of Stuart FL.  List prices are $409,000 and $443,000.  So, the average list price is $426,000 or $272.90 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 2 Edgewater Villas condos have sold.  The sales prices were $385,000 and $428,000.  This is an average sales price of $406,500 which equals $260.41 per sq. ft. of living area.  These condos sold for an average of 98% of list price and went under contract in an average of 31 days on the market.

About the Edgewater Villas Condominiums:

Edgewater Villas real estate in Stuart FL

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These are luxury condos with either two bedrooms, two bathrooms and a spacious 1,561 sq. ft. of air-conditioned living area or 3 bedrooms and two bathrooms with 1,684 sq. ft. There are only four condos per floor in these buildings.

Edgewater Villas real estate in Stuart FL

This community offers deep water docks which are just west of the Roosevelt Bridge and the City of Stuart docks and mooring fields. There is a large heated pool as well as a clubhouse with a kitchen, billiard room as well as a common area member’s room.

Edgewater Villas real estate in Stuart FL

The current condo fees are $545 a month and this includes basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

Edgewater Villas real estate in Stuart FL

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops on US-1 (Federal Hwy).

Edgewater Villas real estate in Stuart FL

All ages are welcome and children living here currently attend the JD Parker Elementary School, Stuart Middle School and Jensen Beach High School.

Click here to see if any Edgewater Villas Condos are for sale!

Edgewater Villas Condominiums January 2019 Market Report

Stuart Florida 34994 Residential Market Report December 2018

Stuart Florida 34994 Residential Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2018

For November 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 76 active listings (Unchanged from November)

Stuart Florida 34994 Residential Market Report December 2018

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

Stuart Florida 34994 Residential Market Report December 2018

13 Homes Sold in May (Increased by 8 homes from November)

Stuart Florida 34994 Residential Market Report December 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded with a good number of closed sales even if the pending sales are off a little.  The inventory remains unchanged.

The one-month absorption rate for the 34994 zip code for December dropped down to 5.8 months from 15.2 months for November.  Returning to a seller’s market for the 34994 zip code area of Stuart, FL after one month in a buyer’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The December 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Better sales numbers while fewer pending sales on similar inventory numbers when comparing year to year activity.

Stuart Florida 34994 Residential Market Report December 2018

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Stuart Florida 34994 Residential Real Estate Market Report December 2018

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

As of January 2019, there are 7 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $135,000 up to $287,000.  The average listing price $219,307 which equals a price per square foot of living area of $218.70.

There is one Circle Bay condo under contract at this time.  This condo was listed for $269,00 or $269.63 per sq. ft. of living area.  It went under contract 12 days after being listed.

In the past 12 months, 21 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $110,000 up to $278,000.  This equals an average sales price of $182,190 which is $177.69 per sq. ft.  These condos sold for an average of 95% of the last listed price and in an average of 86 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

The Circle Bay Yacht Club is an active 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.

Circle bay Yacht Club Stuart FLThere are 295 condos in 14 buildings that were constructed from 1974 to 1982. A number of buildings have elevators. Unit sizes vary from a low of 1 bedroom, 1 & ½ bathroom condos of 751 sq. ft. of living area up to 2 bedroom, 2 bathroom ones with 1,294 sq. ft. Covered carports are provided as well as ample guest parking.

Circle bay Yacht Club Stuart FL

Heated pools, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. The clubhouse also boasts a hobby shop with tools available for use by the residents. Rentals are permitted with restrictions. Sorry, no pets are permitted in Circle Bay. Circle bay Yacht Club Stuart FLAs of January 2019, the monthly condo fees were from $350.00 to $400.00 depending on the location and size of the condo.  This fee includes  Basic Cable, Fire/Liability Insurance, Grounds / Plants, Exterior Maintenance,  Manager, Pest Control, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water.

 

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Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL January 2019 Market Report

Sewalls Point Single Family Market Report December 2018

Sewalls Point Single Family Market Report December 2018

Sewalls Point Real Estate Snapshot, Residential Sales for December 2018

 

There are currently 69 active listings (Up by 1 home from last month)

Sewalls Point Single Family Market Report December 2018

9 home sales are pending and awaiting close or lender approval (Unchanged from November)

Sewalls Point Single Family Market Report December 2018

5 Homes sold in December (Increased by 3 homes sales from November)

Sewalls Point Single Family Market Report December 2018

The single-family real estate market in Sewalls Point showed a nice little rebound in sales for December, though a little more activity would be welcome.

The absorption rate dropped to 13.4 months, in November it was 34 months.  Still a buyers market for Sewalls Point but trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2017, the inventory was 46 homes on the market, 13 pending sales and there were 3 closed sales.  A nice little improvement of closed sales for this year, but this is with a considerably larger inventory of available homes for sale.

Sewalls Point Single Family Market Report December 2018

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Sewalls Point Single Family Market Report December 2018