Whispering Sound Palm City August 2017 Real Estate Market Report

Whispering Sound Palm City August 2017 Real Estate Market Report

 There is only one home for sale in Whispering Sound in August 2017 listed for $210,000 which equals $133.16 per sq. ft. of living area.

There is one home under contract. The list price was $217,900 or $149.14 per sq. ft. of living area.

In the past 12 months, 17 homes have sold in this Whispering Sound. Sales prices ranged from $172,000 up to $230,000 for an average sales price of $211,018 which equals $132.55 per sq. ft. of living area.  These sales averages 97% list to sales price ratio and went under contract in an average of 44 days.

About Whispering Sound in Palm City FL:

Whispering Sound Palm City

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 downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

Whispering Sound Homes for Sale in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Whispering Sound Homes for Sale in Palm City FL

Clubhouse of Whispering Sound Homes for Sale in Palm City FL

This active 55+ community boasts of an active club house with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

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Whispering Sound Palm City August 2017 Real Estate Market Report

Harbour Pointe Palm City August 2017 Real Estate Market Report

Harbour Pointe Palm City August 2017 Real Estate Market Report

There is only 1 home for sale in Harbour Pointe.  This home is listed for $549,000 or 172.64 per square foot of living area.

There are 5 Harbour Pointe homes under contract.  They were last listed from $395,000 up to $435,000 for an average list price of $411,400 which is $178.51 per square foot of living area.  These homes averaged 18 days on market before going under contract.

12 homes have sold in the past 12 months with sales prices from $340,000 up to  $445,000.  The average sales price was $367,292 which works out to $163.85 per square foot of living area.  These homes sold for an average of 97% list price and averaged 64 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

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 enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

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Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City August 2017 Real Estate Market Report

 

Palm City FL 34990 Condo Market Report July 2017

Palm City FL 34990 Condo Market Report July 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2017

 

For July 2017 in the 34990 Zip Code area of Palm City, Florida :



There are currently 75 active condo listings. (Unchanged from June)

   Palm City FL 34990 Condo Market Report July 2017

9 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month)

Palm City FL 34990 Condo Market Report July 2017

2 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow for Palm City condos and remains a difficult market 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 code area jumped to 37.5 months (was 12.5 months in June).  An extreme buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2016 numbers were: 60 active listings, 7 pending sales and 3 closed sales.   Invenory has increased from last year and activity is slightly slower as well.
Palm City FL 34990 Condo Market Report July 2017

Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report July 2017

Palm City FL 34990 Residential Market Report July 2017

Palm City FL 34990 Residential Market Report July 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2017

 

For July 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 398 active listings (Increased by 12 homes from June)

Palm City FL 34990 Residential Market Report July 2017

165 Residential sales are pending and awaiting close or lender approval. (Down by 6 homes from last month)

Palm City FL 34990 Residential Market Report July 2017

96 Homes Sold in June (No change from June)

Palm City FL 34990 Residential Market Report July 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  Interestingly, inventory levels are above last year, which is not the current trend in the county.
The monthly absorption rate inched up to 4.1 months from 4.0 months in June.  Still a sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2016 numbers were:  383 active listings, 120 pending sales and 83 closed sales.  Stronger activity for this year with a slightly higher inventory of homes for sale.

Palm City FL 34990 Residential Market Report July 2017

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Palm City FL 34990 Residential Market Report July 2017

Windstone Palm City August 2017 Market Report

Windstone Palm City August 2017 Market Report

As of August 2017:

There are currently 2 homes for sale in Windstone in Palm City, FL.  These homes are listed for $559,000 and $629,000 for an average list price of $594,000 which equals $199.67 per sq. ft. of living area.

There are no homes under contract and awaiting sale at this time.

In the past 12 months, 7 homes have sold in Windstone.  The sales prices ranged from $475,000 to $600,000.  The average sales price was $535,714 which equals $180.11 per sq. ft. of living area.  These sold listings averaged 92 days on the market before going under contract and sold for 95% of the list price.

About Windstone in Palm City FL:

Windstone real estate in Palm City FL

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2017 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2017 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone real estate in Palm City FL

Windstone Palm City August 2017 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone real estate in Palm City FL

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Windstone Palm City August 2017 Market Report