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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)
Sunset Trace Palm City December 2016 Market Update As of December 2016, there is only 1 active townhome for sale in Sunset Trace.  Listed for $140,000 or $113.27 per square foot of living area. There are 2 homes under contract and awaiting settlement.  The listing prices were $135,000 to $142,000 for an average list price of $138,500 which equals $112.06 per sq. ft. of living area.  These homes were on the market for an average of 4 days prior to going under contract. In the past 12 months, 14 homes have sold in Sunset Trace.  Sales prices ranged from $96,439 to $140,000 for an average sales price of $120,231 which equals $97.16 per sq. ft. of living area.  These homes sold for an average of 96% of their final list price and went under contract in an average of 25 days of being on the ...
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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 2016 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2016   For November 2016 in the 34990 Zip Code area of Palm City, Florida : There are currently 80 active condo listings. (Increased by 4 condos from October)    11 Condo sales are pending and awaiting close or lender approval. (Up by 2 condos from last month) 3 Condos Sold in November. (Down by 2 condos from October) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has continued to rise while for this month sales were off making for a pretty strong buyers market.  The bright note is an improved pending sales volume. The current absorption rate for condos in the 34990 zip code area jumped u...
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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 2016  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2016  For November 2016 in the 34990 Zip Code area of Palm City Florida :   There are currently 430 active listings (Increased by 30 homes from October)  101 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from last month) 52 Homes Sold in October (Down by 3 homes from October) The Palm City FL, zip code 34990 residential real estate market has had two months of increased inventory without an accompanying increase in either pending or closed sales.  This may only be a seasonal phenomena and we will wait to see if sales activity picks up as we head into the winter season. The monthly absorption rate increased ...
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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 2016 Market ReportThere are currently 8 homes for sale in Stuart West.  List prices range from $$499,900 to 1,050,000 for an average asking price of $634,264 which is $210.13 per sq. ft. of living area.There are 1 home currently under contract. This home was listed for $649,000 or $143.77 per sq. ft. of living area.  This home was on the market for 265 days prior to going under contract.In the past 12 months, 20 homes have sold in Stuart West.  Sale prices ranged from $177,200 up to $698,000 with the average sale price being $494,159 which equals a per sq. ft. of living area price of $153.74.  These homes sold for an average of 97% of list price and averaged 142 days on the market. Stuart West is an upscale gated equestrian community located adjacent to th...
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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)
River Landing November 2016 Market Report Palm City FL As of November 2016, there are no homes currently on the market in River Landing. There are also no homes under contract in River Landing In the past 12 months, 4 homes have sold in River Landing.  Sales prices ranged from $350,000 to $415,000 for an average of  $380,575 which equals $160.06 per sq. ft. of living area. These homes sold for an average of 99% of the last list price and took an average of 27 days on market until going under contract.   One of the little known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing ...
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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 2016 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2016   For October 2016 in the 34990 Zip Code area of Palm City, Florida : There are currently 76 active condo listings. (Increased by 5 condos from September)     9 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month) 5 Condos Sold in October. (Up by 1 condos from September) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has been rising for a few months now and closed sales are not increasing enough to offset this increase even though it has increased. The current absorption rate for condos in the 34990 zip code area dropped to 15.2 months (was 17.8 mo...
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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 Charter Club at Martin Downs October 2016 Market ReportThere are currently no homes available to purchase in the Charter Club at Martin Downs.There are 3 homes under contract that have not yet sold.  List prices range from a low of $224,900 up to $244,000 with an average list price of $236,267 or $144.72 per sq. ft. of living area.  These homes went under contract in an average of 34 days.These past 12 months saw 10 homes sold in the Charter Club.  Sales prices ranged from $172,000 up to $235,000 for an average sales price of $210,600 which equals $137.21 per sq. ft. of living area.  These homes were under contract in an average of 45 days and sold for an average of 96% of list price.The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Develope...
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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 2016  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2016  For October 2016 in the 34990 Zip Code area of Palm City Florida :   There are currently 400 active listings (Increased by 23 homes from September)  114 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from last month) 55 Homes Sold in September (Up by 1 homes from September) The Palm City FL, zip code 34990 residential real estate market activity is showing some weakness going into a buyers market for the first time in years.  Inventory is up above last year while sales and ending sales have decreased. The monthly absorption rate increased to to 7.3 months from 7 months in September.  Now a buyers market f...
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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 Pointe and Palm Isles October 2016 Market ReportThere is currently only one active listings in Palm Pointe and Palm Isles. The list price for this home is $269,900 which is equal to $147.41 per sq. ft. of living area. At this time, there are 2 homes under contract which have not closed yet.  List prices were $229,000 and $275,000 which averages out to $252,000 or $150.15 per sq. ft. of living area.  These homes were on the market for an average of 41 days prior to going under contract. 14 homes have sold in the past 12 months.  Sales price ranged from $185,000 to $335,000 with the average sales price of $257,415 which works out to $130.56 per sq. ft. of living area.  These homes were on the market for an average of 73 days prior to going under contract and sold at an average of 96...
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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)
Canopy Creek October 2016 Market ReportThere are currently 3 homes for sale in Canopy Creek in Palm City.  All are new construction homes from Kolter Homes.  List prices range from $639,900 to $674,900 for an average list price of $653,233 or $209.51 per sq. ft. of living area. There are no homes currently under contract in Canopy Creek. In the past 12 months, 7 Canopy Creek homes have sold.  Sales prices ranged from $649,900 to $921,580 for an average sales price of $762,072 or $204.84 per sq. ft. of living area.  These homes averaged 86 days on market prior to going under contract and the sales prices were 101% of the list price.Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres...
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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 September 2016 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2016  For September 2016 in the 34990 Zip Code area of Palm City, Florida :There are currently 71 active condo listings. (Increased by 10 condos from August)     9 Condo sales are pending and awaiting close or lender approval. (Up by 1 condos from last month) 4 Condos Sold in September. (Up by 3 condos from August) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has been rising for a few months now and closed sales are not increasing enough to offset this increase.  We should have an increase in sales later this year or in the beginning of next year as we enter the condo season. The curr...
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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)
Orchid Bay Palm City FL October 2016 Market ReportThere are currently 3 homes available to purchase in Orchid Bay.  List prices range from $584,500 to $649,000.  The average listing price is $626,833 which equates to $179.70 per sq. ft. of living area. 3 homes are under contract and awaiting sale.  The list prices are $445,000 and $489,999 which average to $466,633 and is $177.31 per sq. ft. of living area. These three homes averaged 150 days on the market before going under contract. In the past 12 months, 7 homes have sold in Orchid Bay.  Sales prices ranged from $369,000 to $550,000 for an average sold price $444,286 which equals $161.75 per sq. ft. of living area.  These 7 homes averaged 175 days on the market before the sellers accepted an offer and sold for an average of 97% of th...
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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 September 2016  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2016  For September 2016 in the 34990 Zip Code area of Palm City Florida :   There are currently 377 active listings (Decreased by 14 homes from August)  121 Residential sales are pending and awaiting close or lender approval. (Up by 5 homes from last month) 54 Homes Sold in August (Down by 14 homes from August) The Palm City FL, zip code 34990 residential real estate market activity eased again for September.  Closed sales were off while pending sales increased slightly.  The inventory also decreased which is just the opposite of whats been happening this month in the Stuart markets. The monthly absorption rate increased to to 7 months from 5.8...
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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 Palm City September 2016 Market ReportThere are four homes currently for sale in Bay Pointe in Palm City FL.  These homes are listed for sale from $535,000 up to $2,595,000 for an average list price of $1,790,549 which equals $362.53 per sq. ft. of living space. There are no homes currently under contract in Bay Pointe. In the past 12 months, 3 homes have sold in Bay Pointe.  Sales prices ranged from $700,000 to $2,100,000 for an average sales price of $1,383,333 which works out to $256.90 per sq. ft. of living area.  These three homes were on the market for an average of 51 days before going under contract.  These homes sold for an average of 91% of the list prices.About Bay Pointe in Palm City, Florida:Search for Bay Pointe Homes for SaleLocated next to Seagate Harbor and L...
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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 Meadows Palm City September 2016 Market ReportThere are currently 4 homes for sale in the Meadows in Palm City FL.  List prices range from $135,000 up to $329,000 for an average list price of $245,725 which equals $138.94 per sq. ft. of living area. There are currently three pending sales in the Meadows.  These homes were listed for prices from $215,000 up to $284,900 for an average list price of $239,967 which is $148.48 per sq. ft. of living area.  These homes averaged 78 days on market before going under contract. In the past 12 months there have been 61 sales in the Meadows.  Sales prices ranged from a low of $120,000 up to $344,000 with an average sales price of $217,321 or $137.68 per sq. ft. of living area.  These homes went under contract in an average of 48 days and sold f...
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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)
Quail Meadow September 2016 Market ReportThere is only one townhome currently available for purchase in Quail Meadow in the Martin Downs community of Palm City FL.  This homes is available for $194,900 which is $117.84 per sq. ft. of living area.There are 4 homes under contract.  List prices range from $169,900 up to $228,500 for an average list price of $187,025 or $120.25 per sq. ft. of living area.  These homes averaged 34 days on the market before going under contract.In the past 12 months, 7 homes have sold.  Sales prices were from $127,500 up to $185,000 for an average sales price of $156,000 which works out to $108.05 per sq. ft. of living area.  These townhomes averaged 93 days on market before going under contract and sold for an average of 95% of the last list price.About Quai...
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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 September 2016 Market ReportThere are currently 11 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $375,000 to $699,900.  The average list price is $529,527 at $162.86 per square foot of living area.There are 7 homes currently under contract awaiting closing.  The list prices range from $353,750 to $649,000 at an average list price is $464,664 which is equal to $165.80 per square foot of living area.  These homes averaged 118 days from list date to being under contract.In the past 12 months, 28 homes have sold in Hammock Creek.  Sales prices ranged from $319,000 to $640,000 with an average sales price of $466,913 or $155.03 per square foot of living area.  These homes went under contract in an average of 53 days and sold for 97% of list pri...
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By Andy Spears, The Treasure Coast Real Estate Expert
(Spears & Associates Real Estate Team)
Search current inventory of Homes for Sale in the Evergreen ClubListing Details On any properties in Evergreen Club, Palm City, FL 34990 Price: Ranging from $400,000-$575,000     Bedrooms are: 3/4Bathrooms: 2/3Garages:  plus some golf cart garages attachedSquare Footage: 2083-3217 SF Under AirCall Andy Spears at (772) 263-2515 to see if this properties are still available.  1 Acre Lot with Beautiful Golf Views in The Evergreen Club            Just to give you an idea of how beautiful these properties are and the size of these properties. You Will Love the Beautiful Golf ViewsThis exquisite homes are a must see. Many have been renovated with custome features. All on 1 Acre lots some with  custom pools.   Imagine yourself living in the private, guard gated golf community of the Evergreen ...
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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)
Oak Ridge September 2016 Market ReportThere are currently 4 homes available for sale in Oak Ridge in Palm City, FL.  The list prices range from $389,000 to $479,500 for an average of $437,075 which is $178.14 per sq. ft. of living area. There are 2 homes under contract and awaiting settlement.  The list prices are $439,900 and $454,500 for an average list price of  $447,200 or $174.21 per sq. ft. of living area.  These two homes were on the market for an average of only 9 days before going under contract. 10 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $270,000 to $432,000.  The average sold price was $376,660 which equals $165.10 per sq. ft. of living area.  These homes went under contract in an average of 51 days and sold for 95% of list price. Located ...
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By Tracey Lavoll, Lavoll Real Estate Group serving Palm Beach County
(Keller Williams of the Palm Beaches)
Home Sold In Beautiful Hammock Creek!These buyers are ready to relax and enjoy their own private oasis from the world.4746 SW Long Bay DrivePalm City, FL 34990     Price$570,000Main Features5 Bedrooms4 Bathrooms               3 GarageInterior: 4,158 sq ftYear Built: 2003Location4746 SW Long Bay DrivePalm City, FL 34990    
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