Fox Run Palm City Market Report April 2016
For late April of 2016 there are no currently active listings in Fox Run in Palm City.
There are 3 homes under contract which have not closed to date. These homes were listed from $399,900 up to $489,000 for an average list price of $442,933 or $211.30 per sq. ft. of living area. These three homes averaged 54 days on market before going under contract.
In the past 12 months, 4 homes have sold in Fox Run. Sales prices ranged from a low of $172,100 up to $439,000 for an average sales price of $334,525 which equals to $184.09 per sq. ft. of living area. These homes sold for an average of 95% of their last listed price and also averaged 103 days on market before going under contract.
About Fox Run in Palm City
Fox Run is a waterfront community on the Hidden Rive and just north of Murphy Road between Matheson Avenue and High Meadows Avenue. Only 57 homes in this community and they were built from 1979 through 2005. 11 homes are on the banks of the Hidden River with deep water ocean access docks. The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RV’s.
Homes are of a wide variety of sizes and shapes ranging from 4 bedroom, 3 bathroom homes of over 3,000 square feet of living area to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.
Other than the boat ramp and the storage/parking lot there are no other amenities in Fox Run keeping the HOA fees to a very reasonable $350 a year.
Close to shopping, restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.
Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.
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