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

Islesworth in Palm City FL September 2018 Market ReportThere are currently two homes for sale in Islesworth in Palm City, Florida.  The list prices are $449,900 and $475,000.  This is an average list price of $462,450 or $162.30 per square foot of living area.There are no homes currently under contract in Islesworth.In the past 12 months, 3 homes have sold in Islesworth.  Sales prices ranged from $414,900 up to $449,000.  This is an average sales price of $437,300 which works out to $167.15 per square foot of living area. These homes averaged 73 days on the market prior to going under contract and sold for 96% of the listing price.About Islesworth in Palm City FLThe Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated... 10/01/2018

Oak Ridge Real Estate Market Report September 2018 There are currently 4 homes available for sale in Oak Ridge in Palm City, FL.  The list prices range from $389,000 up to $849,900.  The average list price is $522,175 which equals $233.38 per sq. ft. of living area. There is one home under contract and awaiting settlement at this time.  The list price was $415,000 or $162.55 per sq. ft. of living area.  This home was on the market for 42 days prior t going under contract. 8 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $320,000 up to $700,000.  The average sold price was $431,375 which equals $186.05 per sq. ft. of living area.  These homes went under contract in an average of 84 days and sold for 96% of list price. About Oak Ridge in Palm City FL: Locate... 09/25/2018

Lighthouse Point and Seagate Harbor Real Estate Market Report September 2018There are currently 5 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low price of $315,000 to a high of $799,900 with an average listing price of $537,760 which equals $317.59 per square foot of living area.There are no homes under contract at this time.38 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices were from $368,600 up to $1,150,000 for an average sales price of $538,489 or $288.42 per square foot of living area.  These homes sold on average in 73 days and at 95% of the listed price.About Lighthouse Point and Seagate Harbor in Palm City FL:A boater’s and sailor’s Delight in an affordable waterfront niche com... 09/17/2018

Four Rivers September 2018 Palm City Real Estate Market Report For September 2018, there are three homes for sale in Four Rivers in Palm City FL ranging in price from $649,900 up to $1,650,000 for an average list price of $1,164,967 or $285.25 per sq. ft. of living area.There is one home currently under contract. The list price was $1,069,000 which is $330.24 per sq. ft. of living area.  This home was on the market for 129 days prior to going under contract.8 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $550,000 up to $1,790,000 for an average sales price of $899,500 which is $216.09 per sq. ft. of living area.  These homes averaged 154 days on the market before going under contract and the sales were for an average at 93% of the list price.A... 09/14/2018

Harbour Pointe Palm City August 2018 Real Estate Market ReportFor August 2018 there are 2 homes for sale in Harbour Pointe.  List prices are $385,000 and $420,000 for an average list price of $402,500 or $169.81 per square foot of living area.There is one Harbour Pointe home currently under contract.  This home was listed for $510,000 which equals $160.38.  This home was on the market for 233 days prior to going under contract.10 homes have sold in the past 12 months with sales prices from $375,000 up to  $430,000.  The average sales price was $393,500 which works out to $174.15 per square foot of living area.  These homes sold for an average of 97% list price and averaged 43 days on the market before going under contract.About Harbour Pointe in Palm City FL:Harbour Pointe is a gated co... 09/10/2018

Pipers Landing August 2018 Market ReportThere are currently 25 active listings for sale in Pipers Landing.  List prices for these homes and condos range from $100,000 to $975,000 for an average list price of $247,524 which equals $86.01 per sq. ft. of living area.As of this time, there are 3 homes under contract which haven’t closed to date.  List prices for these properties were from $50,000 and $400,000 for an average of $233,000 which is $70.60 per sq. ft. of living area.  These homes averaged 106 days on market before going under contract.In the past 12 months, 23 homes have sold in Pipers Landing.  The sales prices ranged from a low of $1.00 up to $445,000.  The average sales price was $166,848 or $56.49 per sq. ft. of living area.  These sold listings averaged 162 days on the mark... 09/06/2018

Windstone Palm City August 2018 Market ReportAs of August 2018:There is currently 1 home for sale in Windstone in Palm City, FL.  This home is listed for $549,000 which equals $168.40 per sq. ft. of living area.One home is under contract and awaiting sale at this time.  It was listed for $620,000 or $207.36 per sq. ft. of living area.  This home was on the market for 43 days prior to going under contract.In the past 12 months, 4 homes have sold in Windstone.  The sales prices ranged from $535,000 up to $650,000.  The average sales price was $606,250 which equals $180.76 per sq. ft. of living area.  These sold listings averaged 50 days on the market before going under contract and sold for 96% of the list price.About Windstone in Palm City FL:Formerly known as Rivers End and now re-named... 09/01/2018

Palm City FL 34990 Condo Market Report July 2018 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Condo Sales for July 2018 For July 2018 in the 34990 Zip Code area of Palm City, Florida : There are currently 78 active condo listings. (Decreased by 8 condos from June)     9 Condo sales are pending and awaiting close or lender approval. (Up by 1 condos from last month) 1 Condos Sold in July. (Down by 8 condos from June) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For July sales really tanked with only one closed sale. The current absorption rate for condos in the 34990 zip code area exploded to 78 months (was 7.8 months in July).  Now in an extreme buyer’s market for Palm City condominiums.  A balanced market is conside... 08/29/2018

Palm City FL 34990 Residential Market Report July 2018 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Residential Sales for July 2018 For July 2018 in the 34990 Zip Code area of Palm City Florida :  There are currently 335 active listings (Increased by 2 homes from June) 142 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from last month) 76 Homes Sold in June (Down by 35 homes from June) The Palm City FL, zip code 34990 residential real estate market had a fairly slow month for July with a decrease in pending sales and a large drop in closed sales.  At least the inventory didn’t decline any further. The monthly absorption rate rose to 4.4 months from 3.0 months in June.  Remaining in a seller’s market for the Palm City zip code 34990 area for r... 08/28/2018

Highlands Reserve August 2018 Market UpdateThere are currently 3 homes actively listed in Highlands Reserve for August of 2017 in Palm City, Florida.  Prices range from $469,900 up to $837,000.  The average list price is $615,600 which equals $151.66 per square foot of living area.There are 5 homes under contract awaiting closing.  These homes were listed from a low of $395,000 up to $499,999 for an average list price of $441,680 or $152.11 per sq. ft. of living area.  These homes went under contract in an average of 44 days after they were listed.In the past 12 months, 24 homes have sold in Highlands Reserve with an average sales price of $611,164 which works out to $168.10 per square foot of living area.  These sales prices ranged from $347,000 up to $1,325,000 with the homes averagin... 08/28/2018

Danforth in Palm City August 2018 Market Report As of August 2018: There are currently 7 active listings for sale in Danforth.  The list prices for these Danforth homes are from $379,000 up to $569,000 for an average list price of $447,286 or $178.17 per sq. ft. of living area. Only 1 home is currently under contract.  This home was listed for $399,900 which equals $177.65 per sq. ft. of living area.  This home was on the market for 131 days before going under contract. In the past 12 months, 14 homes have sold in Danforth.  The sales prices ranged from a low of $365,000 up to $482,000.  The average sales price was $427,850 or $170.27 per sq. ft. of living area.  These sold listings averaged 63 days on the market before going under contract and sold at 97% of the list price. About the ... 08/23/2018

Canoe Creek Real Estate Market Report July 2018For July 2018 there are 2 homes for sale in Canoe Creek in Palm City.  These homes are listed for sale with prices of $389,000 and $595,000 which is an average list price of $492,000 or $140.82 per sq. ft. of living area.There are 3 homes currently under contract in Canoe Creek in Palm City.  These homes were listed at prices ranging from $369,888 up to $459,900 for an average list price of $413,263 which works out to $192.83 per sq. ft. of living area.In the past 12 months, 6 homes have sold in Canoe Creek.  The sales prices ranged from $345,400 up to $437,500 which averages to $384,131 and equals $158.45 per sq. ft. of living area.  These homes went under contract in an average of 116 days after going on the market and sold for an average... 08/11/2018

Palm City FL 34990 Residential Market Report June 2018 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Residential Sales for June 2018 For June 2018 in the 34990 Zip Code area of Palm City Florida :  There are currently 333 active listings (Decreased by 7 homes from May) 150 Residential sales are pending and awaiting close or lender approval. (Down by 26 homes from last month) 111 Homes Sold in May (Up by 5 homes from May) The Palm City FL, zip code 34990 residential real estate market showed a slight increase in closed sales volume and a fairly large drop in pending sales.  We continue to show a need for greater inventory (number of homes available for sale) in Palm City. The monthly absorption rate inched down to 3.0 months from 3.2 months in May.  Remaining in a strong seller’s ma... 07/30/2018

Martin Downs Country Club July 2018 Market ReportFor July 2018, there are 30 active listings in the Martin Downs Country Club.  List prices range from $194,000 up to $749,900 for an average list price of $425,542 which works out to $154.50 per sq. ft. of living area.There are 11 homes currently under contract.  List prices were from $159,900 up to $649,500 for an average list price of $320,610 which equals $136.78 per sq. ft. of living area. These homes averaged 58 days on market before going under contract.In the past 12 months, 90 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $135,000 up to $675,000 which is an average sales price of $283,378 or $136.41 per sq. ft. of living area.  These homes averaged 60 days on market before going under contract an... 07/28/2018

Hidden Bay in Palm City FL July 2018 Market ReportAs of July 2018, there are no homes available for sale in Hidden Bay in Palm City FL.There are also no homes currently under contract.In the past 12 months, 3 Hidden bay homes have sold.  Sales prices ranged from $550,000 up to $1,150,000 for an average sales price of $786,667 which equals $204.78 per sq. ft. of living area.  These homes sold in an average of 153 days after going under contract.  Sales prices averaged 88% of list price.About Hidden Bay in Palm City FL:A very private community in northern Palm City just off Murphy Road with a number of waterfront homes on Bessey Creek.  There are just 30 homes in this community which is not gated and has no HOA fees nor any amenities of a homeowners’ association. The first home recorded i... 07/27/2018

Crane Creek in Martin Downs July 2018 Market ReportAs of July 2018, there are 14 homes actively listed in Crane Creek.  List prices range from $389,900 up to $749,900 for an average list price of $539,893 which equals $155.68 per sq. ft. of living area.There are 3 Crane Creek homes under contract and awaiting settlement.  List prices ranged from $399,000 up to $649,500 for an average list price of $482,833 which works out to $125.16 per sq. ft. of living area. These homes were on the market for an average of 131 days before going under contract.In the past 12 months, there have been 21 sales in Crane Creek with sales prices ranging from $285,000 up to $675,000 for an average sales price of $465,040 or $151.91 per sq. ft. of living area. The average days on market was 72 with a 96% list ... 07/24/2018

Sunset Trace Palm City June 2018 Market Update As of June 2018, there are 9 homes for sale in Sunset Trace.  These homes have list prices from $145,500 up to $184,900 for an average list price of $169,889 or $132.95 per square foot of living area. There are 10 homes under contract and awaiting settlement.  The list prices ranged from $144,900 up to $179,900 for an average list price of $159,750 which equals $121.81 per sq. ft. of living area.  These homes were on the market for an average of 30 days prior to going under contract. In the past 12 months, 41 homes have sold in Sunset Trace.  Sales prices ranged from a low of $125,000 up to $215,000 for an average sales price of $157,222 which equals $120.78 per sq. ft. of living area.  These homes sold for an average of 96% of their final... 07/20/2018

Palm City Farms June 2018 Market ReportThere are currently 48 homes on the market in Palm City Farms.  Listing prices range from $59,900 up to $3,950,000.  The average list price works out to $708,485 (median $550,000) which is a per square ft. of living area price of $251.57 (median $201.89).There are currently 15 homes under contract awaiting settlement.  Listing prices ranged from $74,900 up to $1,999,888 for an average of $395,979 which equals $224.12 per sq. ft. of living area.  These homes averaged 144 days on the market prior to going under contract.In the past 12 months, 88 homes have sold in Palm City Farms with sales prices ranging from $87.00 up to $2,300,000 for an average sales price of $370,074 or $166.61 per sq. ft. of living area. These sales averaged for 93% of the last... 07/19/2018

Murano Homes July 2018 Housing Market Report Palm City Florida Real Estate   There are currently 4 homes available for purchase in the Murano community in Palm City FL with list prices ranging from $299,900 up to $399,000 which is an average list price of $328,475 or $148.91 per sq. ft. of living area.   There are no homes under contract at this time in the Murano subdivision of Palm City, FL.   In the past year, 8 homes have sold in Murano with sales prices ranging from $295,000 up to $369,900 for an average sales price of $328,013 which equals $135.20 per sq. ft. of living area.  The average days on market before going under contract for these homes was 66 with a list to sales price ratio was 97%.   About the Murano Community in Palm City FL: Conveniently located off of Martin Downs ... 07/17/2018