Sunset Trace Palm City December 2014 Market Update

Sunset Trace Palm City December 2014 Market Update

As of December 2014, there are only 4 active listings for sale in Sunset Trace. List prices vary from $127,000 to $153,000 with an average list price of $136,200 which equals $102.45 per square foot of living area. (One foreclosure in this group – the most expensive listing!)

There are currently 5 homes under contract and awaiting settlement.  The listing prices range from $90,000 to $159,000 for an average list price of $123,980 which equals $95.32 per sq. ft. of living area.  There are two short sales and one bank owned foreclosure in this group of pending sales.

In the past 12 months, 36 homes have sold in Sunset Trace.  Sales prices ranged from $83,000 to $150,000 for an average sales price of $115,545 which equals $89.11 per sq. ft. and a 96% list to sales ratio.  These sales included 8 foreclosures (bank owned) home and no short sales.

 

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community:   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models  have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary SchoolHidden Oaks Middle School and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and care free.

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Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City December 2014 Market Update

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