Palm City FL 34990 Condo Market Report March 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2017   For March 2017 in the 34990 Zip Code area of Palm City, Florida : There are currently 95 active condo listings. (Increased by 3 condos from February)    10 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month) 4 Condos Sold in March. (Down by 2 condos from February) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For March of 2017 activity decreased for both pending and closed sales and there’s quite a lot of room for improvement in this segment of the Martin County condo market. The current absorption rate for condos in the 34990 zip code area jumped to... 05/01/2017

Lake Grove March 2017 Market ReportThere are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $459,900 to $629,900. The average list price equals $537,933 which is $194.25 per sq. ft. of living area.There are no homes currently under contract in Lake Grove.In the past 12 months, 3 homes have sold in the Lake Grove. Sale prices ranged from $475,000 to $520,000 with an average sale price of $497,500 or $180.98 per sq. ft. of living area.  These homes averaged 80 days on market prior to accepting these sales offers and sold for an average of 97% of the last listed price. 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 a... 05/01/2017

Palm City FL 34990 Residential Market Report March 2017  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2017  For March 2017 in the 34990 Zip Code area of Palm City Florida :   There are currently 449 active listings (Increased by 4 homes from February) 165 Residential sales are pending and awaiting close or lender approval. (Up by 30 homes from last month) 81 Homes Sold in February (Up by 25 homes from February) The Palm City FL, zip code 34990 residential real estate market was very strong for March of 2017 going back into a sellers market and also with a good increase in pending sales for future activity. The monthly absorption rate dropped to 5.3 months from 7.9 months in February.  Back into a sellers’ market for the Palm City zip code 34990 area for... 04/29/2017

Four Rivers March 2017 Market Report There are currently 7 homes for sale in Four Rivers in Palm City FL ranging in price from $550,000 to $2,500,000 for an average list price of $1,139,714 or $267.86 per sq. ft. of living area. There are no homes currently under contract in Four Rivers.7 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $425,000 to $1,625,000 for an average sales price of $886,786 which is $274.34 per sq. ft. of living area.  These homes averaged 98 days on the market before accepting an offer and the sales were on average at 92% of the list price.Four Rivers 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 wate... 04/28/2017

The Evergreen Club March 2017 Market ReportThere are 7 homes on the market in the Evergreen Club in late March of 2017.  List prices range from $449,000 to $649,000 for an average list price of $505,970 or $148.78 per sq. ft. of living space.There are 3 homes under contract.  These homes were listed from $400,000 up to $449,000 for an average list price of $426,000 which works out to $166.86 per sq. ft. of living area.  These homes went under contract in an average of 66 days after being listed.In the past 12 months, 22 homes have sold in the Evergreen Club.  Sales prices ranged from $298,000 to $575,000 for an average sales price of $401,955 which equals $162.19 per sq. ft. of living area.  These homes sold for an average of 95% of list price with an average of 44 days on market.About ... 04/27/2017

Palm City FL 34990 Residential Market Report February 2017  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2017  For February 2017 in the 34990 Zip Code area of Palm City Florida :   There are currently 445 active listings (Increased by 24 homes from January) 135 Residential sales are pending and awaiting close or lender approval. (Up by 10 homes from last month) 56 Homes Sold in January (Up by 4 homes from January) The Palm City FL, zip code 34990 residential real estate market continues to have more homes on the market and it appears that both pending and closed sales are also increasing. The monthly absorption rate decreased to 7.9 months from 8.1 months in January.  Still in a buyers’ market for the Palm City zip code 34990 area for residential sal... 04/15/2017

Palm Cove Golf and Yacht Club March 2017 Market UpdateThere are currently 13 homes actively listed in Palm Cove Yacht and Golf Cub for March 2017 in Palm City, Florida.  List prices range from a low of $270,000 up to the highest which is a waterfront home for $1,999,999.  The average list price is $830,792 which works out to $218.37 per square foot of living area.There are homes currently under contract in the Palm Cove community of palm City as of March 2017.  List prices ranged from $459,000 up to $836,000 for an average list price of $661,633 which equals $176.61 per square foot of living area.  These homes averaged 88 days on the market before going under contract.In the past 12 months, 10 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $205,000 up to $899,000... 04/11/2017

Palm City FL 34990 Condo Market Report February 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2017   For February 2017 in the 34990 Zip Code area of Palm City, Florida : There are currently 92 active condo listings. (Increased by 1 condos from January)    11 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month) 6 Condos Sold in February. (Up by 1 condos from January) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Activity was very similar to last month with small gains in pending and closed sales. The current absorption rate for condos in the 34990 zip code area decreased to 15.3 months (was 18.5 months in February). Still a buyers’ market for Palm... 04/06/2017

February 2017 Market Update for Hunters Creek in Palm City FLCurrently in February, there are no homes on the market in Hunters Creek in Palm City, FL.There are 2 homes currently under contract (pending sale).  These homes were last listed for $359,900 and $389,900 for an average list price of $374,900 which equals $169.22 per sq. ft. of living area.  These two homes went under contract in an average of 31 days after being listed.There have been 4 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $354,900 to $397,500 for an average sale price of $373,100 which works out to $154.82 per sq. ft. of living area.  These homes sold on average of 97% of the last listed price and were under contract on an average 46 days after being listed.Hunters Creek in Palm City FL ... 03/24/2017

Highlands Reserve February 2017 Market UpdateThere are currently 13 homes actively listed in Highlands Reserve for February of 2017 in Palm City, Florida.  Prices range from $364,900 up to $949,900.  The average list price is $540,583 which equals $164.81 per square foot of living area.There is only 1 home under contract awaiting closing.  This home was listed for $599,990 or $138.09 per sq. ft. of living area.  This home went under contract 7 days after it was listed.In the past 12 months, 34 homes have sold in Highlands Reserve with an average sales price of $482,227 at $156.88 per square foot of living area.  Actual sales prices ranged from $284,000 to $775,000.  These homes averaged 105 days on market and sold at 96% of listed price. Highlands Reserve is one of the newest upscale co... 03/23/2017

Gull Harbor February 2017 Market ReportThere are currently 3 homes for sale in Gull Harbor.  List prices range from $519,000 to $695,315 for an average of $584,738 or $303.08 per sq. ft. of living area.Currently, there are no homes under contract in this community.In the past 12 months, there has been one sale in Gull Harbor.  This home sold for $905,000 which equals $244.59 per sq. ft. of living area.  The sales price was 93% of the last list price and it went under contract in 73 days.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 canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or dee... 03/18/2017

Palm City FL 34990 Condo Market Report January 2017 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for January 2017   For January 2017 in the 34990 Zip Code area of Palm City, Florida : There are currently 91 active condo listings. (Increased by 5 condos from December)     8 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month) 5 Condos Sold in January. (Up by 1 condos from December) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  The inventory continues to rise while closed and pending sales are basically holding steady. The current absorption rate for condos in the 34990 zip code area decreased to 18.5 months (was 21.5 months in January). Still an extreme buyers’ market ... 03/02/2017

Whispering Sound Palm City February 2017 Market Update There are 3 active listings in Whispering Sound in Feb of 2017 with asking prices from $194,999 up to $229,000 for an average of $209,633 which equals $128.85 per sq. ft. of living area.Currently there are no Whispering Sound homes under contract.In the past 12 months, 12 homes have sold in this Whispering Sound. Sales prices ranged from $190,000 up to $225,000 for an average sales price of $205,833 which equals $130.26 per sq. ft. of living area.  These 12 sales averages 97% list to sales price ratio and went under contract in an average of 29 days.Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making... 03/02/2017

Palm City FL 34990 Residential Market Report January 2017  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for January 2017  For January 2017 in the 34990 Zip Code area of Palm City Florida :   There are currently 421 active listings (Increased by 5 homes from December) 125 Residential sales are pending and awaiting close or lender approval. (Up by 32 homes from last month) 52 Homes Sold in December (Down by 13 homes from December) The Palm City FL, zip code 34990 residential real estate market had a small increase in inventory and very strong pending sales numbers which should result in a higher sales volume on the coming months.  Closed sales were off for the month. The monthly absorption rate increased to 8.1 months from 6.4 months in December.  Back into a buyer... 03/01/2017

Harbour Pointe Palm City February 2017 Market UpdateThere are currently 3 homes for sale in Harbour Pointe.  Listing prices range from $379,000 up to $409,000 for an average list price of $389,300 which equals $182.41 per square foot of living area.There are two Harbour Pointe homes under contract.  They were last listed for $369,000 and $425,000 for an average list price of $397,000 which is $164.78.  These two homes averaged 73 days on market before going under contract.7 homes have sold in the past 12 months. Sales prices were from $325,000 to $390,000 .  The average sales price was $357,929 or $163.69 per square foot of living area.  These homes sold for an average of 97% list price and averaged 59 days on the market before going under contract.Harbour Pointe is a gated community of... 02/27/2017

Copperleaf January 2017 Market ReportThere are currently 2 homes listed in Copperleaf in Palm City, Florida.  List prices are $605,735 and $899,000, for an average list price of $752,368 which equals $177.76 per square foot of living area.There are 6 homes under contract awaiting closing.  The list prices are from $339,900 up to $536,075 which averages to a $440,813 list price and $162.91 per square foot of living area. These homes averaged 92 days on market before accepting these offers.In the past 12 months, 15 homes have sold in Copperleaf with an average sales price of $549,633 at $176.21 per square foot of living area and at 98% list to sales price ratio.  The lowest sales price was $325,000 while the highest was $1,184,993.  These homes went under contract in an average of 75 days... 02/15/2017

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 2... 01/31/2017

Palm City FL 34990 Condo Market Report December 2016 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2016   For December 2016 in the 34990 Zip Code area of Palm City, Florida : There are currently 86 active condo listings. (Increased by 6 condos from November)     8 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month) 4 Condos Sold in December. (Up by 1 condos from November) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  The inventory has risen considerably in the past few months while pending and closed sales have not kept pace. The current absorption rate for condos in the 34990 zip code area jumped up to 21.5 months (was 40 months in December). Stil... 01/27/2017

Palm City FL 34990 Residential Market Report December 2016  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2016  For December 2016 in the 34990 Zip Code area of Palm City Florida :   There are currently 416 active listings (Decreased by 16 homes from November)  92 Residential sales are pending and awaiting close or lender approval. (Down by 9 homes from last month) 65 Homes Sold in November (Up by 13 homes from November) The Palm City FL, zip code 34990 residential real estate market had a drop in inventory after two months of increases.  Closed sales were up strongly for December from last month, while pending sales saw a decline. The monthly absorption rate decreased to 6.4 months from 8.3 months in November.  Back into a balanced market for the Palm... 01/26/2017

Admiralty Condos Palm City FL December 2016 Market Report As of December 2016, there there are 5 condos on the market in the Admiralty Condos.   Prices range from $575,000 to $935,000 with the average list price being $700,600 which equals $269.20 per sq. ft. of living area. There are no condos currently under contract and awaiting settlement. In the past 12 months, 4 Admiralty condos have sold.  The sales prices ranged from $380,000 to $720,000 for an average sales price of $564,400 or $246.63 per sq. ft. of living area.  These condos sold for an average of 95% of the most recent listing price and were on the market for an average of 127 days prior to an accepted offer that led to the sale.    The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean l... 01/14/2017