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)
Gull Harbor February 2018 Market ReportThere is currently 1 home for sale in Gull Harbor in Palm City FL.  This home is listed for $434,900 or $193.12 per sq. ft. of living area.Currently, there are no homes under contract in this community.In the past 12 months, there hve been 2 sales in Gull Harbor.  These homes sold for $530,000 and $679,950 which equals an average sales price of $604,975 and works out to $284.42 per sq. ft. of living area.  These sales prices were 98% of the last list price and these homes averaged 141 days on the market before going under contract.About Gull Harbor Real Estate in Palm City FLThe Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep ca...
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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 FL 34990 Condo Market Report January 2018 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for January 2018 For January 2018 in the 34990 Zip Code area of Palm City, Florida : There are currently 102 active condo listings. (Increased by 1 condos from December)    9 Condo sales are pending and awaiting close or lender approval. (Down by 7 condos from last month) 15 Condos Sold in January. (Up by 5 condos from December) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For January the market activity showed some positive gains with a nice increase in closed sales.  Unfortunately, pending sales were down which may indicate fewer closed sales in the coming months. The current absorption rate for condos in t...
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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 FL 34990 Residential Market Report January 2018 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for January 2018 For January 2018 in the 34990 Zip Code area of Palm City Florida :  There are currently 416 active listings (Increased by 35 homes from December) 113 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from last month) 48 Homes Sold in December (Down by 18 home from December) The Palm City FL, zip code 34990 residential real estate market showed a large drop in closed sales to start the year.  But both inventory, as well as pending sales, rose which should result in more sales in the coming months. The monthly absorption rate jumped up to 8.7 months from 5.8 months in December.  Into a buyer’s market for the Palm...
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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)
Whispering Sound Palm City February 2018 Real Estate Market Report There 2 homes for sale in Whispering Sound in February 2018.  They are on the market with list prices of $234,900 and $239,900 or an average of $237,400 which equals $141.77 per sq. ft. of living area.There is one home under contract. The list price was $205,000 or $135.76 per sq. ft. of living area.  This home was on the market for 146 days before going under contract.In the past 12 months, 19 homes have sold in this Whispering Sound. Sales prices ranged from a low price of $172,000 up to a high of $237,000 for an average sales price of $214,379 which equals $134.83 per sq. ft. of living area.  These sales averages 97% list to sales price ratio and went under contract in an average of 36 days.About Whispering Sound in P...
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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)
Martin Downs Country Club January 2018 Market ReportFor January 2018, there are 21 active listings in the Martin Downs Country Club.  List prices range from $185,000 up to $649,000 for an average list price of $363,217 which works out to $152.95 per sq. ft. of living area.There are 11 homes currently under contract.  List prices were from $149,000 up to $649,500 for an average list price of $281,373 which equals $128.56 per sq. ft. of living area. These homes averaged 47 days on market before going under contract.In the past 12 months, 71 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $130,000 up to $645,000 which is an average sales price of $282,610 or $135.28 per sq. ft. of living area.  These homes averaged 64 days on market before going under contr...
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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)
Canoe Creek Real Estate Market Report January 2018For January 2018 there are 2 homes for sale in Canoe Creek in Palm City.  These homes are listed for sale with prices of $379,000 and $485,000 which is an average list price of $432,000 or $150.24 per sq. ft. of living area.There are no homes currently under contract in Canoe Creek in Palm City.In the past 12 months, 5 homes have sold in Canoe Creek.  The sales prices ranged from $345,400 up to $437,500 which averages to $391,158 and equals $155.79 per sq. ft. of living area.  These homes went under contract in an average of 82 days after going on the market and sold for an average of 98% of list price.About Canoe Creek Real Estate in Palm City:Search for Canoe Creek Homes for SaleCanoe Creek in Palm City is a wonderful family community ...
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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 Real Estate Market Report January 2018There are currently 15 active listings in the Monarch Country Club in Palm City FL.  List prices range from $239,000 up to $479,000 for an average list price of $394,307 which works out to $181.97 per sq. ft. of living area.There are 4 homes under contract which have not yet closed to date.  List prices were from $309,000 up to $449,000 for an average of $379,250 or $170.96 per sq. ft. of living area.  These homes were on the market for an average of 45 days before going under contract.In the past year (12 months back), 32 homes have sold in the Monarch Country Club.  Sales prices ranged from a low of $240,000 up to $585,000 for an average sales price of $369,416 which equals $169.86 per sq. ft. of living area.  These homes sold...
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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)
Crane Creek in Martin Downs January 2018 Housing Market UpdateAs of January 2018, there are 8 homes actively listed in Crane Creek.  List prices range from $399,900 up to $649,000 for an average list price of $506,573 which equals $158.23 per sq. ft. of living area.There is one Crane Creek home under contract and awaiting settlement, which was listed for $649,500 or $139.14 per sq. ft. of living area.  This home was on the market for 168 days before going under contract.In the past 12 months, there have been 16 sales in Crane Creek with sales prices ranging from $285,000 up to $645,000 for an average sales price of $446,872 which works out to $153.05 per sq. ft. of living area. The average days on market was 71 with a 95% list to sales price ratio.About Crane Creek in Palm City: The coa...
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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 FL 34990 Condo Market Report December 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2017 For December 2017 in the 34990 Zip Code area of Palm City, Florida : There are currently 101 active condo listings. (Increased by 16 condos from November)    16 Condo sales are pending and awaiting close or lender approval. (Up by 2 condos from last month) 10 Condos Sold in December. (Up by 6 condos from November) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For December the market activity increased from last month in all categories for Palm City condos. The current absorption rate for condos in the 34990 zip code area dropped to 10.1 months (was 21.25 months in July).  Still a buyer’s mar...
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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 FL 34990 Residential Market Report December 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2017 For December 2017 in the 34990 Zip Code area of Palm City Florida :  There are currently 381 active listings (Increased by 15 homes from November) 96 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from last month) 66 Homes Sold in November (Up by 2 home from November) The Palm City FL, zip code 34990 residential real estate market had a small increase in closed sales when compared to last month.  Inventory was up while pending sales were down. The monthly absorption rate inched up to 5.8 months from 5.7 months in November.  Still a seller’s market for the Palm City zip code 34990 area for residential sale...
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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)
Copperleaf January 2018 Real Estate Market ReportThere are currently 3 homes listed in Copperleaf in Palm City, Florida.  List prices are from $429,900 up to $559,120, for an average list price of $486,307 which equals $174.93 per square foot of living area.There are 4 homes under contract awaiting closing.  The list prices are from $445,000 up to $499,900 which averages to a $472,700 list price and $180.74 per square foot of living area. These homes averaged 26 days on market before accepting these offers.In the past 12 months, 20 homes have sold in Copperleaf with an average sales price of $459,234 at $163.54 per square foot of living area and at 97% list to sales price ratio.  The lowest sales price was $333,000 while the highest was $949,000.  These homes went under contract in an 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 City FL 34990 Condo Market Report November 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2017 For November 2017 in the 34990 Zip Code area of Palm City, Florida : There are currently 85 active condo listings. (Increased by 10 condos from October)    14 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month) 4 Condos Sold in November. (Up by 2 condos from July) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For November the market activity increased from last month in all categories for Palm City condos. The current absorption rate for condos in the 34990 zip code area dropped to 21.25 months (was 37.5 months in July).  Now in an extreme buyer’s ...
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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 Ridge December 2017 Market ReportHomes:There are currently 39 homes available for sale in Harbour Ridge.  Listing prices range from $50,000 up to $1,350,000 for an average list price of $350,597 ($214,000 – median) which equates to $129.05 per sq. ft. of living area ($119.02 – median).There are 6 homes under contract which have not closed to date.  List prices were from $20,000 up to $750,000 for an average list price of $259,816 or $79.23 per sq. ft. of living area.  These homes averaged 229 days on the market prior to going under contract.In the past 12 months, 31 homes have sold.  Sales prices ranged from $10 up to $850,000 for an average sales price of $276,870 or $94.01 per sq. ft.  These sales averaged 74% of the last list price and were on the market for an average of 243...
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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 FL 34990 Residential Market Report November 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2017 For November 2017 in the 34990 Zip Code area of Palm City Florida :  There are currently 366 active listings (Increased by 19 homes from September) 101 Residential sales are pending and awaiting close or lender approval. (Down by 25 homes from last month) 64 Homes Sold in September (Down by 2 home from September) The Palm City FL, zip code 34990 residential real estate market remains active though activity for November was generally slower than last month. The monthly absorption rate rose to 5.7 months from 5.3 months in September.  Still a seller’s market for the Palm City zip code 34990 area for residential sales but inching closer to a bala...
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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 Farms December 2017 Market ReportThere are currently 65 homes on the market in Palm City Farms.  Listing prices range from $54,900 up to $3,950,000.  The average list price works out to $633,242 (median $484,000) which is a per square ft. of living area price of $223.25 (median $168.32).There are currently 12 homes under contract awaiting settlement.  Listing prices ranged from $79,900 up to $665,000 for an average of $299,767 which equals $131.08 per sq. ft. of living area.  These homes averaged 84 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 $35,000 up to $1,000,000 for an average sales price of $370,074 or $162.46 per sq. ft. of living area. These sales averaged for 94% of the la...
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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)
Admiralty Condos Palm City FL December 2017 Market Report As of December 2017, there are 2 condos on the market in the Admiralty Condos.   Prices are $635,000 and $895,000 with the average list price being $765,000 which equals $280.15 per sq. ft. of living area. There are 3 condos currently under contract and awaiting settlement.  The list prices ranged from $675,000 to $799,000 for an average list price of $748,000 or $281.58 per sq. ft. of living area.  These condos were on the market for an average of 171 days prior to going under contract. In the past 12 months, 4 Admiralty condos have sold.  The sales prices ranged from $520,000 up to $640,000 for an average sales price of $558,750 or $230.93 per sq. ft. of living area.  These condos sold for an average of 94% of the most recent ...
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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)
Sunset Trace Palm City December 2017 Market Update As of December 2017, there is only one home for sale in Sunset Trace.  The list price is $194,500 or $144.50 per square foot of living area. There are 2 homes under contract and awaiting settlement.  The list prices were $170,000 and $184,000 for an average list price of $177,000 which equals $133.94 per sq. ft. of living area.  These homes were on the market for an average of 61 days prior to going under contract. In the past 12 months, 46 homes have sold in Sunset Trace.  Sales prices ranged from a low of $120,000 up to $184,900 for an average sales price of $150,074 which equals $114.16 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 24 days of be...
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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 FL 34990 Condo Market Report October 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2017 For October 2017 in the 34990 Zip Code area of Palm City, Florida : There are currently 75 active condo listings. (Increased by 7 condos from September)    11 Condo sales are pending and awaiting close or lender approval. (Up by 4 condos from last month) 2 Condos Sold in October. (Down by 1 condos from July) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity dropped for Palm City condos and this segment remains a difficult one for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.) The current absorption rate for condos in the 34990 zip cod...
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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 FL 34990 Residential Market Report October 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2017 For October 2017 in the 34990 Zip Code area of Palm City Florida :  There are currently 347 active listings (Increased by 12 homes from September) 126 Residential sales are pending and awaiting close or lender approval. (Down by 20 homes from last month) 66 Homes Sold in September (Up by 23 home from September) The Palm City FL, zip code 34990 residential real estate market remains very active.  A solid increase in cosed sales from last month but an unfortunate drop in pending sales as well. The monthly absorption rate jumped up to 5.3 months from 7.8 months in September.  Back into a seller’s market for the Palm City zip code 34990 area for res...
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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)
Stuart West Palm City November 2017 Market ReportThere are currently 5 homes for sale in Stuart West.  List prices range from $649,000 up to $875,000 for an average asking price of $756,180 which is $191.67 per sq. ft. of living area.There is 1 home currently under contract. This home was listed for $459,900 or $188.64 per sq. ft. of living area.  This home was on the market for 303 days prior to going under contract.In the past 12 months, 12 homes have sold in Stuart West.  Sale prices ranged from $415,000 up to $1,000,000 with the average sale price being $566,167 which equals a per sq. ft. of living area sales price of $181.82.  These homes sold for an average of 95% of list price and averaged 238 days on the market.About Stuart West in Palm City FL: Stuart West is an upscale gated e...
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