New Price for Updated Yacht and Country Club Villa

2816 SE Fairway West in the Yacht and Country Club of Stuart has been reduced to $199,000. A great price for a Country Club home close to boating, golf and downtown Stuart in a 24 hour gated community.

Enjoy the good life in the heart of Stuart in this spacious 2 bedroom villa located in the prestigious Yacht and Country Club of Stuart. Golf membership is not mandatory and this prime location is close to marinas, restaurants, beaches and historic downtown Stuart. This villa features two bedrooms and two bathrooms with a large eat in kitchen and a formal dining room and Florida room as well as a screened patio and back yard. There’s a two car garage as well. New washer and dryer. New kitchen appliances. New flooring in dining and master bedrooms. This villa is deeded as a condo and is in a small association of the four attached units of this building.

About the Yacht and Country Club of Stuart:

The Yacht and Country Club of Stuart is one of Stuart Florida’s original gated communities. The first homes were built in the late 1960′s on the 524 available home-sites. Currently only a couple of vacant lots are available for those desiring new construction in the Yacht and Country Club of Stuart. There’s a deep water canal that runs through the middle of this community and those on either side have ocean access through the Manatee Pocket to the Atlantic Ocean only a few minutes away via the Saint Lucie inlet.

Homes in the Yacht and Country Club of Stuart range from 2 Bedroom, 2 Bath town homes with garages to spacious waterfront estates with over 5,000 sq. ft. of living space, private pool, and deep water dock.

There is a professional golf course on site (membership is not mandatory) that was updated in 2006 by Ed Seay (Arnold Palmer Designs) and Tom Walker (Gary Player Designs). This course is friendly for beginner golfers yet is still challenging for those with low handicaps.

There is a community pool, tennis courts and fitness center that is separate from the club and available to all residents for a very reasonable annual fee. In addition, residents can take advantage of a social membership to the main club house which features fine dining, as well as casual meals, and many social functions throughout the year. The basic Home owner’s association fee for the Yacht and Country Club of Stuart is presently approximately $2,725 per year. This fee covers the gated entry and security patrols as well as the management and maintenance of all the garden areas and common grounds. More information about memberships and the golf club can be found on their we site for the Yacht and Country Club.

All residents enjoy easy access to Martin County’s pristine beaches, downtown and just a short ride to shopping, restaurants, ‘A’ rated schools and medical facilities. The Yacht and Country Club is a unique and wonderful community to call home.

Here are the currently available homes in the Yacht and Country Club of Stuart

Martin County Townhouses and Condos June 2017 Market Detail

08.01.17 by Gabe Sanders

Martin County Townhouses and Condos June 2017 Market Detail

Martin County Townhouses and Condos Market Detail for June 2017 appears to have had a difficult June when compared to last summer. Closed sales for the month were down by 17.4% (were up by 2.5% in May) while new sales under contract (new pending sales) were down by 12.3% from June 2016 (increased by 1.0% in May).

Prices were also off for June as the median sales price decreased by 0.4% (was up by 7.3% in May) while the average sales price decreased by 3.0% (was up by 6.4% in May) as compared to June of 2016. This is a reversal of last months activity.

The inventory of available townhouses and condos decreased by 25 units to 396 properties as compared to last month. This is still 4.2% greater than the June 2016 inventory. Currently, there’s a 4.3 month supply of inventory (a 10.3% increase from last year which was 3.9 months). Still a sellers’ market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Townhouses and Condos June 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos June 2017 Market Detail

Martin County Single Family Homes June 2017 Market Detail

07.31.17 by Gabe Sanders

Martin County Single Family Homes June 2017 Market Detail

The Martin County Single Family Homes Market Detail for June 2017 showed continued growth as compared to last June. Closed sales were up by 8.7% (were up by 8.3% in May). New pending sales increased by 7.2% as compared to June of 2016 (Increased by 24.2% in May).

Prices had mixed results for June with the median sales price up by 6.0% from last year (up by 8.3% in May) while the average price decreased by 6.3% (was up by 35.4% last month).

The inventory of available single family homes decreased from last month by 8 homes to 1,028 units for June, this is still 7.3% greater than last June. The current supply of homes is 5.1 months, for June of last year it was a 4.7 months supply. (This is a 8.5% increase from last year). Still a sellers’ market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes June 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes June 2017 Market Detail

Monarch Country Club Real Estate Market Report July 2017

07.31.17 by Gabe Sanders

Monarch Country Club Real Estate Market Report July 2017

There are currently 10 active listings in the Monarch Country Club in Palm City FL. List prices range from $250,000 up to $635,000 for an average list price of $437,130 which works out to $180.44 per sq. ft. of living area.

There are 2 homes under contract which have not yet closed to date. List prices were $319,500 and $399,000 for an average of $359,250 or $178.16 per sq. ft. of living area. These homes were on the market for an average of 29 days before going under contract.

In the past year (12 months back), 42 homes have sold in the Monarch Country Club. Sales prices ranged from a low of $195,000 up to $590,000 for an average sales price of $355,374 or $164.35 per sq. ft. of living area. These homes sold on average at 95% of the last list price and were on the market for an average of 49 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

As of July 2017, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club. The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences and weddings. Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Real Estate Market Report July 2017

Edgewater Villas Condominiums July 2017 Market Report

07.30.17 by Gabe Sanders

Edgewater Villas Condominiums July 2017 Market Report

For July 2017 there are no condos available for sale in the Edgewater Villas of Stuart FL.

There is one unit under contract at this time. This condo was listed for $345,000 which is $221.01 per sq. ft. of living area. This condo was on the market for 28 days before going under contract.

In the past 12 months, only one Edgewater Villas condo has sold. The sales price was $340,500 which equals $218.13 per sq. ft. of living area. This condo sold for 98% of the list price and went under contract 84 days after it was listed.