Summerfield Market Report for January 2017

Home of the Champions Golf Club

As of January 2017, there are 8 homes on the market in Summerfield ranging in listing price from $308,500 up to $499,000 for an average list price of $387,965 which equals $183.24 per square foot of living area.

There are 4 homes under contract (pending) awaiting their closing. Listing prices are from $329,000 up to $429,990 for an average list price of $382,845 which equates to $169.63 per square foot of living area. These homes averaged 65 days on the market prior to receiving an accepted offer.

In the past 12 months, 34 homes have sold. Sales prices ranged from $215,000 to $550,000 for an average sales price of $360,228 which equals $168.96 per square foot of living area. The average days on market for these sales was 70 days and the average list to sales price was at 97%.

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 web site for more information at http://www.thechampionsgolfclub.com/

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 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 available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

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.

The following homes are currently available for sale in Summerfield:

Summerfield Homes for Sale

Stuart Florida Real Estate

Summerfield Market Report for January 2017

Stuart FL 34997 Condo Market Report November 2016

12.19.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2016

For November 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 73 active condo listings (Increased by 1 condo from October).

20 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from October).

Stuart FL 34997 Condo Market Report November 2016

8 Condos Sold in November (Increased by 2 condos from October).

Stuart FL 34997 Condo Market Report November 2016

The Stuart FL condo market for zip code 34997 showed a small increase in sales activity while also having reduced pending sales. The inventory remained fairly steady from last month.

The absorption rate dropped to 9.1 months in November from 12 months for October. Continuing as a buyers’ market for the 34997 zip code of Stuart FL, though not as extreme as last month. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The November 2015 numbers were: 58 active listings, 29 pending sales and 9 closed sales. Considerably greater sales activity last year with less available inventory.

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2016

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

12.14.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2016

For November, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 45 active listings (Decreased by 11 homes from October)

31 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month).

14 Homes Sold in October (Down by 2 homes from October)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity. Unfortunately the inventory of active home listings is dropping once again to levels that may make this market difficult in the near future.

The one month absorption rate for the 34994 zip code for November declined to 3.2 months from 3.5 months for October. Continuing as a strong sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2015 numbers were 61 Active Listings, 25 pending sales and 12 closed sales. Considerably stronger activity this year when compared to 2015, but the large drop in inventory is troubling.

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Plantation House Condos Indian River Plantation December 2016 Market Report

12.04.16 by Gabe Sanders

Plantation House Condos Indian River Plantation December 2016 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island. This condo is listed for $515,000 or $344.71 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

One condo has sold in the Plantation House in the past 12 months. The sales price was $345,000 or $276.22 per sq. ft. of living area. This condo sold for 91% of the last listed price and went under contract 106 days after going on the market.

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

The Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft. All units have Ocean Views. There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Current condo and management fees are around $567 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view avai lable Plantation House condos for Sale

Other Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation House Condos Indian River Plantation December 2016 Market Report

Plantation Club Villas Indian River Plantation December 2016 Market Report

12.02.16 by Gabe Sanders

Plantation Club Villas Indian River Plantation December 2016 Market Report

There are 2 active listings in the Plantation Club Villas of Hutchinson Island. List prices are $272,000 and $314,900 for an average list price of $293,450 which is $222.61 per sq. ft. of living area.

There are no currently pending sales in the Plantation Club Villas.

3 condos have sold in the Plantation Club Villas in the past 12 months. The sales prices were from $269,000 and $308,000 which averages to $284,000 and $212.22 per sq. ft. of living area. These condos sold for 92% of the last listed price and were on the market for an average of 94 days before receiving an accepted offer.

About the Plantation Club Villas

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course. These units were built in 1987 and most have views of lakes, golf course or private preserves.

There are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft. The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Current condo and management fees are around $367 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation Club Villas for Sale

Other Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation House, Resort Villas,River Village, Riverbend, Riverwood, Tennis Villas

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation Club Villas Indian River Plantation December 2016 Market Report

Stuart FL 34997 Condo Market Report October 2016

11.19.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report October 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2016

For October 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 72 active condo listings (Unchaged from September).

Stuart FL 34997 Condo Market Report October 2016

27 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from September).

Stuart FL 34997 Condo Market Report October 2016

6 Condos Sold in October (Decreased by 10 condos from September).

Stuart FL 34997 Condo Market Report October 2016

The Stuart FL condo market for zip code 34997 had reduced sales activity and increased inventory for October 2016 with a promising increase in pending sales.

The absorption rate dropped to 12 months in October from 4.5 months for September. A buyers’ market for the first time in a while 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 October 2015 numbers were: 59 active listings, 21 pending sales and 12 closed sales. Better pending activity this year with less closed sales activity. The inventory is up.

Search for All Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2016

Stuart Florida Market Report ZIP Code 34994 Residential October 2016

11.14.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential October 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2016

For October, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 56 active listings (Decreased by 8 homes from September)

32 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).

16 Homes Sold in September (Up by 5 homes from September)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had very strong activity for what is typically a slow month for the area. Unfortunately the inventory of active listings is getting a bit to small once again.

The one month absorption rate for the 34994 zip code for October plunged to 3.5 months from 5.8 months for September. Back into a strong sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2015 numbers were 55 Active Listings, 30 pending sales and 8 closed sales. A much improved market for this year when compared with last year..

Search here for Stuart Florida Real Estate for Sale

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