Stuart FL 34996 Condo Market Report July 2018

Stuart FL 34996 Condo Market Report July 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2018

For July 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 106 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report July 2018

25 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from June).

Stuart FL 34996 Condo Market Report July 2018

26 Condos Sold in July (Down by 3 condos from June) 

Stuart FL 34996 Condo Market Report July 2018

The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and no help with any increase in inventory.  Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.1 months from June’s 3.7 months.  Still in a strong sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2017 were: 122 active listings, 43 pending sales, and 21 closed sales.  Better closed activity this year but much greater pending activity last year.

Stuart FL 34996 Condo Market Report July 2018

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report July 2018

Stuart FL 34994 Condo Market Report July 2018

Stuart FL 34994 Condo Market Report July 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2018

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

There are currently 84 active condo listings (Up by 1 condos from June).

Stuart FL 34994 Condo Market Report July 2018

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

Stuart FL 34994 Condo Market Report July 2018

16 Condos Sold in July (Decreased by 9 condos from June).

Stuart FL 34994 Condo Market Report July 2018

The Stuart FL 34994 Condo market weakened slightly from last month but still is an active market.  Close sales were down but we have a good supply of pending sales.

The absorption rate for July rose to 5.3 months compared to last month’s 3.3.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  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 77 active listings, 41 pending sales, and 30 closed sales.  Better pending activity this year while closed sales were cosiderably less than last year.

Stuart FL 34994 Condo Market Report July 2018

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart, FL Real Estate

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Stuart FL 34994 Condo Market Report July 2018 

 

The Yacht and Country Club of Stuart August 2018 Market Report

The Yacht and Country Club of Stuart August 2018 Market Report

August 2018 Market Update:

There are 12 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices range from $189,900 to $1,375,000 for an average list price of $622,825 which works out to $212.15 per sq. ft. of living area.

There are currently 2 homes under contract with list prices of $325,000 and $549,900.  The average list price of these pending sales is $437,450 or $198.61 per sq. ft. of living area.  These homes averaged 69 days on market before going under contract.

51 homes have sold in the past 12 months.  Ranging in sales price from $185,000 to $1,253,125.  The average sales price was $420,578 which comes out to $183.14 per sq. ft. of living area.  These homes went under contract in an average of 70 days with sales prices averaging for 95% of list price.

About the Yacht and Country Club of Stuart:

 The Yacht and Country Club of Stuart

One of the first gated golf communities in Martin County, Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts waterfront 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

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 six lighted Har-Tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart

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 August 2018 Market Report

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

As of July 2018, there are 5 condos for sale in the Circle Bay Yacht Club of Stuart FL.   Listing prices range from $131,000 up to $235,000.  The average listing price $188,800 which equals a price per square foot of living area of $186.00.

There are no Circle Bay condos under contract at this time.

In the past 12 months, 24 Circle Bay Waterfront Condos have sold.  Sales prices ranged from a low of $119,900 up to $292,500 for an average sales price of $187,063 which is $183.55 per sq. ft.  These condos sold for an average of 94% of the last listed price and in an average of 87 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

 Search here for:

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

 

Circle Bay Waterfront Condos Stuart FL July 2018 Market Report

Stuart FL 34996 Condo Market Report June 2018

Stuart FL 34996 Condo Market Report June 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2018

For June 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 106 active condo listings (Down by 12 condos from last month).

Stuart FL 34996 Condo Market Report June 2018

38 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from May).

Stuart FL 34996 Condo Market Report June 2018

29 Condos Sold in June (Down by 11 condos from May) 

Stuart FL 34996 Condo Market Report June 2018

The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and the inventory continues to decline.  Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.7 months from May’s 3.0 months.  Still in a strong sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2017 were: 132 active listings, 40 pending sales, and 26 closed sales.  Very similar activity as compared to last year with a significantly lower number of available condos for sale (inventory).

Stuart FL 34996 Condo Market Report June 2018

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report June 2018