Inside YCC Presentation (Controls are on bottom of picture):

Averages:

Non-Canal SFH:          $310K             

$/SF (Non-Canal):   $130/SF                

DOM (Non-Canal):      45 Days  

Inventory of SFHs:     2 Months

                         *****                                

Canal SFH:                     $650K 

$/SF (Canal):              $220/SF               

DOM (Canal):                90+ Days 

Inventory (Canal):      1 Month

(Data for this report taken from the Realtors Association of Martin County for the period January, 2011 thru today)

YCC real estate is up 8% year over year, which is the same percentage as Martin County as a whole.  The one unique feature of the current market is a lack of action in canal properties. 
Golf course homes can be viewed in two categories: Regular Sales that are selling at above average prices.  These are the traditional retiree and family markets. 
The second category is ‘Distressed’.  YCC has a flow of Short-Sales that are averaging 15 to 20% below market averages and are closing in 45 to 60 days.  For more informaton, contact: 

Team@PowRE.net

+1.772.538.5400

 


Data for the slide presentation is taken from the Realtors Association of Martin County.
Data is from January, 2005 thru today.

YCC Golf Is Hot! 

YCC is one of the hot private clubs in the area.  The cost of golf membership is more attractive than other clubs.  The condition of the course, especially the greens attracts good golfers.  Of the 225 golf members, more than 35 golfers carry single digit handicaps.

For information, call Arthur Esch at 301.481.3000.

Inside The Yacht & Country Club of Stuart (YCC): 

Click on a Purple Home to get details on that ‘Sold Home’: (Data for Sold Properties is taken from third party databases and is not from Realtors Asscoaition of Martin County.)

 

*****

YCC is a unique club and community.  While the club is private, the home owners are under no obligation to join the club.  So as the price of homes nose dives at clubs with mandatory memberships, YCC remains a safe investment.  Both the POA fees and the club memberships are substantially below other Stuart private clubs.

Both Willoughby Golf and Mariner Sands Country Club are substantially more expensive for both HOA and Social Memberships.  Golf Memberships at YCC run 30% LESS.  YCC has 100 ocean-access homes, so to make direct comparisons to other clubs, the ocean access homes need to be removed.  Non-canal homes at YCC are selling for $310,000, yielding $130/SF.

Thinking about Selling: Click Here for Selling.

Thinking about Buying: Click Here for Buying.

Canal homes at YCC represent a significant advantage over other ocean-access country club comaprisons, like Sailfish Point and Lo0blolly Pines — two high-end clubs with ocean-access homes — where prices are double the ocean-access at YCC.  The average ocean-access sale was $600000, yielding $230/SF.

ML#
Address
Original
List
Sale Price
DOM
SF
Be
Ba
Pool
349740 3454 SE FAIRWAY East 599,000 499,00 425,000 358 2032 3 3 Yes
358263 3392 SE FAIRWAY WEST 595,000 595,000 565,000 37 2141 3 3 Yes
358684 3262 SE Fairway West UN 599,000 599,000 505,000 399 2113 3 3 Yes
357600 3464 SE FAIRWAY EAST 650,000 650,000 605,000 42 2517 3 2 Yes
353713 3624 SE FAIRWAY East EST 745,000 668,000 600,000 207 2967 3 2 Yes
355639 3324 SE FAIRWAY EAST 699,000 699,000 650,000 23 2631 3 3 Yes
357030 3102 SE FAIRWAY UNDEFD 849,000 849,000 625,000 35 3745 4 3 Yes