Palm City FL 34990 Condo Market Report November 2018 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Condo Sales for November 2018 For November 2018 in the 34990 Zip Code area of Palm City, Florida : There are currently 89 active condo listings. (Increased by 9 condos from October)     1 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 2 Condos Sold in November. (Down by 5 condos from October) The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  Very slow market activity for November.  The sales activity in this market is skewed by two tough condo communities with high equity and association fees that make this market quite challenging. The current absorption rate for condo... 01/08/2019

Palm City FL 34990 Residential Market Report November 2018  PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Residential Sales for November 2018 For November 2018 in the 34990 Zip Code area of Palm City Florida :  There are currently 356 active listings (Down by 1 home from September) 99 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from last month) 66 Homes Sold in September (Up by 7 homes from September) The Palm City FL, zip code 34990 residential real estate market remains active with greater closed activity this month and a little lower pending activity.   The monthly absorption rate dropped to 5.4 months from 4.9 months in September.  Remaining in a seller's market for the Palm City zip code 34990 area for residential sales but drifting t... 01/07/2019

Sunset Trace Palm City December 2018 Market Update As of December 2018, there are 7 homes for sale in Sunset Trace.  These homes have list prices from $160,000 up to $261,900.  This is an average list price of $188,400 or $145.26 per square foot of living area. There are 5 homes under contract and awaiting settlement.  The list prices ranged from $157,900 up to $179,900.  This works out to an average list price of $169,333 which equals $127.99 per sq. ft. of living area.  These homes were on the market for an average of 35 days prior to going under contract. In the past 12 months, 43 homes have sold in Sunset Trace.  Sales prices ranged from a low of $125,000 up to $215,000.  This equals an average sales price of $161,577 or $124.27 per sq. ft. of living area.  These homes sold for an ... 01/05/2019

Palm City FL 34990 Condo Market Report October 2018 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Condo Sales for October 2018 For October 2018 in the 34990 Zip Code area of Palm City, Florida : There are currently 80 active condo listings. (Decreased by 3 condos from September)     3 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 7 Condos Sold in October. (Up by 1 condo from September) The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is skewed by two tough condo communities with high equity and association fees that make this market quite challenging. The current absorption rate for condos in the 34990 zip code area decreased to 11... 12/12/2018

Palm City FL 34990 Residential Market Report October 2018  PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Residential Sales for October 2018 For October 2018 in the 34990 Zip Code area of Palm City Florida :  There are currently 357 active listings (No change from September) 106 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from last month) 73 Homes Sold in September (Up by 16 homes from September) The Palm City FL, zip code 34990 residential real estate market rebounded in closed sales after an unexpected drop last month.  Pending sales were down a bit with no change in the inventory of available homes for sale for this month.   The monthly absorption rate dropped to 4.9 months from 6.3 months in September.   Back into a seller's market for... 12/11/2018

River Landing November 2018 Market Report Palm City FL As of November 2018, there are two homes on the market in River Landing. List prices are $449,900 and $469,900. This makes for an average asking price of $459,900 which equals $166.11 per sq. ft. of living area. There is 1 home currently under contract and awaiting settlement.  The list price was 418,000 or $160.89 per sq. ft. of living area.  This home was on the market for 134 days prior to going under contract. In the past 12 months, 3 homes have sold in River Landing.  Sales prices ranged from $410,000 up to $560,000.  The average sales price equaled $466,633 which works out to $184.76 per sq. ft. of living area. These homes sold for an average of 98% of the last list price and took an average of 56 days on market until going u... 12/07/2018

Stuart West Palm City November 2018 Market ReportThere are currently 4 homes for sale in Stuart West.  List prices range from $558,000 up to $849,900. This is an average price of $725,475 which is $189.67 per sq. ft. of living area.There is 1 home currently under contract. This home was listed for $719,000 or $256.24 per sq. ft. of living area. And, was on the market for 40 days prior to going under contract.In the past 12 months, 10 homes have sold in Stuart West.  Sale prices ranged from $464,900 up to $800,000.  This works out to an average sale price of $640,390 which equals a per sq. ft. of living area $196.89.  These homes sold for an average of 94% of list price and averaged 83 days on the market.About Stuart West in Palm City FL: Stuart West is an upscale gated equestrian commun... 11/29/2018

The Palm City communityIf you are looking for a home in a suburban community with great schools, plenty of opportunities for outdoor activities, stunning local sceneries, and beautiful tropical weather, you may want to consider buying a home for sale in Palm City FL. Located on the eastern coast of Florida, in the highly-sought after Martin County, Palm City is bordered by St. Lucie River to the east and Florida's Turnpike to the west. Location is just the beginning of the many advantages of living in Palm City. Its proximity to the Turnpike makes it highly appealing to people who work either in Port St. Lucie, Fort Pierce, Palm Beach Gardens, and West Palm Beach. It offers an ideal home location which places you close to major cities but far enough to enjoy peace and serenity without t... 11/26/2018

Orchid Bay Palm City FL October 2018 Market ReportThere are currently 3 homes listed for sale in Orchid Bay.  List prices ranged from $499,900 up to $530,000 for an average list price of $509,967 which is $201.11 per sq. ft. of living area.There are no homes currently under contract and awaiting sale.In the past 12 months, 8 homes have sold in Orchid Bay.  Sales prices ranged from $375,000 up to $540,000 for an average sales price $484,000 which works out to $192.40 per sq. ft. of living area.  These 8 homes averaged 110 days on the market before the sellers accepted an offer and sold for an average of 96% of the listed price.About Orchid Bay in Palm City:One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City V... 11/10/2018

Canopy Creek October 2018 Market ReportThere are currently four homes for sale in Canopy Creek in Palm City.  List prices range from $739,880 up to $949,900.  This is an average list price of $844,895 which equals $216.77 per sq. ft. of living area.There is one home currently under contract in Canopy Creek.  The list price was $734,900 or $250.22 per sq. ft. of living area.  This home was on the market for 328 days prior to going under contract.In the past 12 months, 4 Canopy Creek homes have sold.  Sales prices ranged from $680,165 up to $859,900.  For an average sales price of $780,944 which works out to $215.61 per sq. ft. of living area.  These homes averaged 137  days on market prior to going under contract and the sales prices averaged 98% of list price.About Canopy Creek in Palm ... 11/09/2018

Palm City FL 34990 Condo Market Report September 2018 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2018 For September 2018 in the 34990 Zip Code area of Palm City, Florida : There are currently 83 active condo listings. (Increased by 7 condos from August)    5 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 6 Condos Sold in September. (Down by 1 condo from August) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales remain difficult in this market as we have a large number f condos in two high fee equity golf club associations where the current market is quite challenging. The current absorption rate for condos in the 34990 zip code area jumpe... 10/31/2018

Palm City FL 34990 Residential Market Report September 2018  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2018 For September 2018 in the 34990 Zip Code area of Palm City Florida :  There are currently 357 active listings (Decreased by 4 homes from August) 119 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from last month) 57 Homes Sold in August (Down by 40 homes from August) The Palm City FL, zip code 34990 residential real estate market had a big drop in closed sales and is back into a balanced market for the first time in quite a while.  Pending sales were up which will hopefully result in greater closed sales in the coming months.   The monthly absorption rate jumped to 6.3 months from 3.7 months in August.... 10/30/2018

The Evergreen Club September 2018 Market ReportThere are 10 homes on the market in the Evergreen Club in late September of 2018.  List prices range from $385,000 up to $495,000.  This is an average list price of $433,980 or $159.58 per sq. ft. of living space.There are 3 homes under contract at this time.  These homes were listed from $395,000 up to $499,500.  This is an average list price of $448,167 which works out to $158.82 per sq. ft. of living area.  These homes went under contract in an average of only 8 days after being listed.In the past 12 months, 22 homes have sold in the Evergreen Club.  Sales prices ranged from $305,000 up to $537,500.  This works out to an average sales price of $431,405 which equals $156.73 per sq. ft. of living area.  These homes sold for an average of 9... 10/29/2018

Palm Cove Golf and Yacht Club September 2018 Market ReportThere are currently 11 properties actively listed in Palm Cove Yacht and Golf Club for September 2018 in Palm City, Florida.  List prices range from a low of $350,000 up to $1,950,000.  The average list price is $812,809 which works out to $205.15 per square foot of living area.There is only 1 home currently under contract in the Palm Cove community of Palm City as of September 2018.  This home was listed for $474,900 or $156.17 per square foot of living area.  This home was on the market for 138 days before going under contract.In the past 12 months, 10 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $260,000 up to $1,764,000.  This is an average sales price of $594,670 or $187.60 per square foot of living... 10/27/2018

Westwood Country Estates Palm City September 2018 Market ReportAs of September 2018, there are no homes on the market in Westwood Country Estates in Palm City, FL.There is one home currently under contract (pending sale).  The list price was $449,900 or $180.68 per sq. ft. of living area.There have been 3 homes sold in the past 12 months in Westwood Country Estates.  Sales prices ranged from $449,900 up to $700,000 for an average sales price of $569,967 which is $181.75 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 56 days on market.About Westwood Country Estates in Palm City Florida:Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2... 10/26/2018

Lake Grove September 2018 Market ReportThere is only one home currently for sale in Lake Grove of Palm City, FL.  The list price is $724,900 or $194.87 per sq. ft. of living area.There are no homes currently under contract in Lake Grove.In the past 12 months, 5 homes have sold in the Lake Grove. Sale prices ranged from $435,000 up to $565,000.  This is an average sale price of $506,800 which equals $177.85 per sq. ft. of living area.  These homes averaged 141 days on the market prior to accepting their offers and sold for an average of 96% of the list price.About Lake Grove in Palm City FL:Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sit... 10/20/2018

Bay Pointe Palm City September 2018 Market ReportThere are three homes currently for sale in Bay Pointe in Palm City FL.  These homes are listed for sale from $950,000 up to $2,185,000 for an average list price of $1,520,833 which equals $332.23 per sq. ft. of living space.There are no homes currently under contract in Bay Pointe.In the past 12 months, three homes have sold in Bay Pointe in Palm City FL.  These homes had sales prices from $449,000 up to $1,575,000.  This equals an average sales price of $936,333 which equals $267.53 per sq. ft. of living space.  These homes were on the market for an average of 66 days before going under contract and sold for an average of 95% of the list price.About Bay Pointe in Palm City, Florida:Search for Bay Pointe Homes for SaleLocated next to Sea... 10/16/2018

The Meadows Palm City September 2018 Market Report There are currently 6 homes for sale in the Meadows in Palm City FL.  List prices range from $169,900 up to $299,000.  This is an average list price of $245,800 which equals $150.99per sq. ft. of living area. There are currently 2 homes under contract in the Meadows.  These homes were listed for  $305,000 and $309,000.  This is an average list price of $307,000 which is $176.72 per sq. ft. of living area.  These homes averaged 22 days on market before going under contract. In the past 12 months, there have been 28 sales in the Meadows.  Sales prices ranged from a low of $142,000 up to $400,000.  This is an average sales price of $260,593 or $158.11 per sq. ft. of living area.  These homes went under contract in an average of 27 days an... 10/09/2018

Hammock Creek September 2018 Market ReportThere are currently 5 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $410,000 up to $675,000.  The average list price works out to $475,150 which is $173.92 per square foot of living area.There are 7 homes currently under contract awaiting closing.  Their list prices range from $439,000 up to $725,000.  This is an average list price is $552,200 and is equal to $173.02 per square foot of living area.  These homes averaged 61 days from list date to being under contract.In the past 12 months, 30 homes have sold in Hammock Creek.  Sales prices ranged from $360,000 up to $620,000. This is an average sales price of $481,617 which works out to $167.55 per square foot of living area.  These homes went under contract in ... 10/05/2018

Palm City FL 34990 Condo Market Report August 2018 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Condo Sales for August 2018 For August 2018 in the 34990 Zip Code area of Palm City, Florida : There are currently 76 active condo listings. (Decreased by 2 condos from July)     7 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month) 7 Condos Sold in August. (Up by 6 condos from July) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For August sales came back from the dismal July number.  Pending sales remain a little on the weak side. The current absorption rate for condos in the 34990 zip code area dropped to 10.9 months (was 78 months in August).  Still a buyer’s market for Palm... 10/03/2018