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Palm City, FL Real Estate News

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2012 For November 2012 in the 34990 Zip Code area of Palm City, Florida : There are currently 61 active condo listings. (An increase of 2 condos from October)   10 Condo sales are pending and awaiting close or lender approval. (Up 1 condo from last month)   5 Condos Sold in November. (Up 5 from 0 sales for October) The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For November, there were five con...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Highlands Reserve December 2012 Market Update There are currently 8 homes actively listed in Highlands Reserve for December, 2012 in Palm City, Florida.  The average list price is $404,129 at $127.32 per square foot of living area. There are 8 homes under contract awaiting closing.  Three of these are short sales.  The average list price is $374,658 at $122.36 per square foot of living area. In the past 12 months, 22 homes have sold in Highlands Reserve with an average sales price of $328,955 at $111.30 per square foot of living area.  Six of these homes were short sales.  No bank owned sales.   Highlands Reserve December 2012 Market Update is the newest upscale community in this section of MartinCounty. Enter the magnificent gates and surround yourself with the well appointed amenities...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Residential, November 2012   Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2012   For November 2012 in the 34990 Zip Code area of Palm City Florida : There are currently 404 active listings (A decrease of 16 homes from October) 136 Residential sales are pending and awaiting close or lender approval. (A decrease of 14 homes from last month) 56 Homes Sold in November (Increased by 7 homes from October)   For the Palm City, zip code 34990, area of Martin County Florida, another strong month during traditionally slow months.  Closed sales increased by 7.  The inventory of available homes for sale also decreased after an increase last month.  Pending sales were off by a bit and we expect some slower market a...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm Cove Golf and Yacht Club December 2012 Market Update There are currently 23 homes actively listed in Palm Cove Yacht and Golf Cub for December, 2012 in Palm City, Florida.  The average list price is $561,430 at $173.10 per square foot of living area. There are 4 homes under contract awaiting closing.  One is a short sale.  The average list price is $669,000 at $183.14 per square foot of living area. In the past 12 months, 16 homes have sold in Palm Cove Yacht and Golf Cub with an average sales price of $493,106 at $152.17 per square foot of living area.  Two of these homes were short sales, and one bank owned sale. The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multimillion dol...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hammock Creek December 2012 Market Update There are currently 23 homes actively listed in Hammock Creek for December, 2012 in Palm City, Florida.  The average list price is $417,447 at $144.40 per square foot of living area. There are 5 homes under contract awaiting closing.  One is a short sale.  The average list price is $391,780 at $138.45 per square foot of living area. In the past 12 months, 39 homes have sold in Hammock Creek with an average sales price of $378,907 at $124.00 per square foot of living area.  Five of these sales were short sales and four were bank owned homes. Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jac...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Condo, October 2012 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2012 For October 2012 in the 34990 Zip Code area of Palm City, Florida : There are currently 59 active condo listings. (A decrease of 3 condos from September)   9 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)   No Condos Sold in October. (Down 4 from September) The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For October, their were no sales closed for c...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Residential, October 2012   Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2012   For October 2012 in the 34990 Zip Code area of Palm City Florida : There are currently 420 active listings (An increase of 18 homes from September) 150 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month) 49 Homes Sold in October (Increased by 16 homes from September)   For the Palm City, zip code 34990, area of Martin County Florida, a good strong October after a pretty weak September.  Closed sales came back up by 16 from a disappointing September.  The inventory of available homes for sale increased as well, but still remain at levels lower than they’ve been in quit...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Harbour Pointe Palm City November 2012 Market Update: There are only 3 properties currently for sale in Harbour Pointe Palm City, Florida.  Asking prices from $359,900 to $429,900 with an average asking price of $149.00 per square foot of living area. As of this writing there are no homes under contract. 12 Homes have sold in Harbour Pointe in the past 12 months. Sales prices were from $195,000 (short sale) to $460,000.  The average sales price was $301,000 at $122.20 per square foot of living area. Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Admiralty Condos in Palm City Market Update For October, 2012: There are 2 active listings in the AdmiraltyThere are currently two condos under contract and awaiting the closing date. (list prices are $649,000 and $650,000)In the past 12 months, only 1 condo sold.  Closed for $595,000 (or $201.00 per square foot of living area) There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.  Current Condo association fees in the Admiralty range from the $700 to under $900 dollars...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Condo, September 2012 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2012 For September 2012 in the 34990 Zip Code area of Palm City, Florida : There are currently 62 active condo listings. (A decrease of 1 condo from August)   6 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)   4 Condos Sold in September. (Unchanged from August) The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For September, the market was basically un...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012   Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2012   For September 2012 in the 34990 Zip Code area of Palm City Florida : There are currently 402 active listings (An increase of 2 homes from August) 170 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month) 33 Homes Sold in September (Decreased by 35 homes from August)   For the Palm City, zip code 34990, area of Martin County Florida activity slowed in September after a super spring.  Closed sales were off by a significant amount (50%).  However, pending sales were up showing some good potential for the fall.  The inventory of available homes for sale increased margi...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Monarch Country Club in Palm City, Florida As of October 10, there are 17 homes for sale in the Monarch Country Club in Palm City, Florida.  Listing prices are from $176,900 to $499,900. There are currently 8 homes under contract (one of which is a short sale) ranging in listing price from $189,000 to $580,000. 29 homes have sold in the past 12 months.  Ranging in sales price from $129,900 to $504,000 (the average sales price was $272,887 or $122 per sq. ft. of living area). 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.  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 i...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
  Hammock Creek in Palm City Market Update   The current Hammock Creek Market Activity as of October 2012: 25 homes are currently on the market in Hammock Creek. 7 Homes are currently under contract including 2 short sales and foreclosure, In the past 12 months, 36 homes have sold including 6 short sales and 4 bank owned homes.. The high sale was $680,000 and the low at $236,500 with an average of $376,125. Price per sq. ft. high was $145.48, low was $82.30 while the average was $122.72. Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square fo...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Four Rivers in Palm City Florida Four Rivers Market Update for October 1, 2012 There are currently 4 homes for sale in Four Rivers ranging in price from $750,000 to $1,892,000 (Average asking price of $260 per square foot of living area) One home is currently pending (under Contract) at a listing price of $725,000 ($231 per square foot) 2 homes have sold in the past 12 months in Four Rivers for $728,000 and $1,020,000 sales prices (The average sales prices were $196.00 per square foot) Four Rivers in Palm City Florida is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inle...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Florida Market Report ZIP Code 34990 – Condo, August 2012 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2012 For August 2012 in the 34990 Zip Code area of Palm City, Florida : There are currently 63 active condo listings. (An increase of 1 condo from July)   6 Condo sales are pending and awaiting close or lender approval. (Down 1 from last month)   4 Condos Sold in August. (Up 3 from July) The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For August, closed sales were up 3 units from the one sale of Jul...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Palm City Market Report ZIP Code 34990 – Residential, August 2012   Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2012   For August 2012 in the 34990 Zip Code area of Palm City Florida : There are currently 400 active listings (A decrease of 16 homes from July) 161 Residential sales are pending and awaiting close or lender approval. (A decrease of 8 homes from last month) 68 Homes Sold in August (Increased 5 homes from July)   For the Palm City, zip code 34990, area of Martin County Florida activity remained strong for August after a super spring.  Closed sales were up again.  Pending sales were off for the first time in a number of months, possibly reflecting the typical seasonal slow down for Palm City Florida during the summer months.  The inventory...
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By Carol Barron Cross, Sunflower Homes & Equestrian LLC
(SUNFLOWER HOMES & EQUESTRIAN LLC)
Study Women value homeownership more than men   NEW YORK – Sept. 18, 2012 – Sixty-four percent of women say homeownership is essential in achieving the American Dream. Meanwhile, only 52 percent of men say the same thing, according to a homebuyer poll of more than 1,300 Americans conducted by TD Bank.The study found that women hold more aspirations for homeownership too. Sixty-six percent of female renters say they intend to own a home, compared to 57 percent of men.What’s more, 92 percent of women rated homeownership as the primary achievement in feeling accomplished, followed by 84 percent who said stable career and 81 percent who said having a family and children.“As the home buying market continues to stabilize, our survey tells us that Americans, and women in particular, are lookin...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Danforth in Palm City Florida As of September 8, 2012: There are currently 5 active homes for sale in Danforth 7 homes are currently under contract (1 Bank Owned and 3 Short Sales among them) In the past 6 months 14 homes have sold in Danforth, indicating a very active market (2 foreclosures and 1 short sale) Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schoools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida. Many homes are lakefront with beautiful views and a wonderful private feeling, ye...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Bay Pointe in Palm City Florida Search for bay Pointe Homes for Sale Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non waterfront homes and homesites enjoy the amenities of this private community. Located with a large private preserve area to the south and west and enjoying magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home. Close to parks, beaches, shopping and boasting the ‘A’ rated school system of Martin County Here are the currently avai...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Market Update for Highlands Reserve in Palm City Florida The latest market update for Highlands Reserve in Palm City Florida as of August 27, 2012 There are currently 11 active listings in Highlands Reserve. There are currently four pending sales (all are conventional sales) In the past 12 months, 25 homes have sold in Highlands Reserve at an average of $111.24 per square foot of living area. Highlands Reserve in Palm City Florida is the newest upscale community in this section of MartinCounty. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes. Located only seconds from I-95 and...
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