Egret Pond July 2019 Real Estate Market Report

Egret Pond July 2019 Real Estate Market Report

As of July 2019, there are 3 homes on the market in Egret Pond community of the Martin Downs Country Club of Palm City FL.  These homes are listed from $230,000 up to $239,000.  This is an average list price of $234,633 which equals $150.70 per square foot of living area.

There are no homes under contract in Egret Pond.

In the past 12 months, there have been 10 homes sold. Sales prices ranged from $177,000 up to $260,000.  This works out to an average sales price of $225,050 which equals $140.81 per square foot of living area. These homes were on the market for an average of 50 days before going under contract and sold for 95% of list price.

About Egret Pond in Martin Downs:

Egret Pond in Martin Downs in Palm City FL

The Egret Pond community is a section of the Martin Downs Country Club of Palm City.   It contains 86 homes that were built in 1984 and 1985. These homes range in size from 2 bedrooms, 2 bathrooms and 1 car garage homes with just over 1,300 sq. ft. of living area up to 3 bedrooms, 2 bathrooms and 1 car garage with a little over 1,700 sq. ft. of livable space under AC.

Egret Pond in Martin Downs Egret Pond in Martin Downs

These are all concrete block construction homes with flat cement tile roofs. The HOA fees are $240 per month which includes landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting and security. Martin Downs is a guard gated community with roving security patrols as needed.

Egret Pond in Martin Downs Egret Pond in Martin Downs

All ages and pets are welcome in Egret Pond. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Egret Pond in Martin Downs Egret Pond in Martin Downs

Egret Pond in Martin Downs

Also, very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south. Egret Pond is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

Click here to see the available Egret Pond homes for sale in Palm City FL

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Egret Pond July 2019 Real Estate Market Report

Canoe Creek Real Estate Market Report July 2019

Canoe Creek Real Estate Market Report July 2019

For July 2019 there is only 1 home for sale in Canoe Creek in Palm City. The list price is $449,000 which is $153.87 per sq. ft. of living area.

There are 3 homes currently under contract in Canoe Creek in Palm City. List prices ranged from $415,000 up to $519,000.  This works out to an average list price of $478,000 or $149.74 per sq. ft. of living area. It was on the market for 87 days before going under contract.

In the past 12 months, 11 homes have sold in Canoe Creek. The sales prices ranged from $265,000 up to $570,000. This works out to an average sales price of $418,773 which equals $166.94 per sq. ft. of living area. These homes went under contract in an average of 37 days after going on the market and sold for an average of 96% of list price.

About Canoe Creek Real Estate in Palm City:

Canoe Creek in Palm City FL

 

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre. Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area. Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

Canoe Creek in Palm City FL

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek in Palm City FL

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

Canoe Creek in Palm City FL

Search for Canoe Creek Homes for Sale

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For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Canoe Creek Real Estate Market Report July 2019

Palm City FL 34990 Condo Market Report June 2019

Palm City FL 34990 Condo Market Report June 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2019

For June 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 66 active condo listings. (Decreased by 2 condos from May)

Palm City FL 34990 Condo Market Report June 2019 

9 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from last month)

Palm City FL 34990 Condo Market Report June 2019

12 Condos Sold in June. (Up by 4 condos from May)

Palm City FL 34990 Condo Market Report June 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  June was a good month for this segment of condo real estate in Martin County.

The current absorption rate for condos in the 34990 zip dropped to 5.5 months (was 8.5 months in May).  Shifting into a seller’s market for Palm City condos for the first time in a while.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2018 numbers were: 86 active listings, 8 pending sales, and 9 closed sales.  A better volume of sales and pending sales this year all on a reduced inventory of available condos.
Palm City FL 34990 Condo Market Report June 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report June 2019

Palm City FL 34990 Residential Market Report June 2019

Palm City FL 34990 Residential Market Report June 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2019

For June 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 390 active listings (Down by 10 homes from May)

Palm City FL 34990 Residential Market Report June 2019

116 Residential sales are pending (Down by 16 homes from last month)

Palm City FL 34990 Residential Market Report June 2019

86 Homes Sold in September (Down by 24 homes from May)

Palm City FL 34990 Residential Market Report June 2019

The Palm City FL, zip code 34990 residential real estate market had a slower June in both closed and pending sales activity, but remains a very active market.
The monthly absorption rate rose to 4.5 months from 3.6 months in May.  Remaining in a seller’s market for the Palm City zip code 34990 area, though not as extreme as last month.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The June 2018 numbers were:  333 active listings, 150 pending sales, and 111 closed sales.  Better sales and pending sales volume last year with a smaller inventory of available homes for sale.

Palm City FL 34990 Residential Market Report June 2019

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report June 2019

Pine Ridge Condos in Palm City July 2019 Market Report

Pine Ridge Condos in Palm City July 2019 Market Report

There is only 1 condo for sale in Pine Ridge at Martin Downs in Palm City FL for July 2019.  The list price is $165,900 or  $113.01 per sq. ft. of living area.

There are 2 condos currently under contract. List prices were $129,900 and $159,900.  This is an average list price of $144,900 which works out to $130.42 per sq. ft. of living area. These condos averaged 108 days on market before going under contract.

In the past 12 months, 19 condos have sold in Pine Ridge. Sales prices ranged from a low of $94,000 up to a high of $165,000.  This works out to average sales price of $136,495 which equals $109.04 per sq. ft. of living area. These condos sold for an average of 96% of list price and were on the market for an average of 22 days before going under contract.

About the Pine Ridge Condos at Martin Downs:

Pine Ridge Condos at Martin Downs

The Pine Ridge Condos at Martin Downs is a wonderful gated complex in Palm City. Entrance is through the gates at Matheson Ave on the south side of Martin Downs Blvd, just south of the Monarch Golf Club. Very well located close to Florida’s Turnpike as well as shopping and just a short ride to downtown Stuart and the waterways as well as golf courses that Martin County offers.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units with 1486 sq. ft. of living area to 2 bedroom, 2 bath of 1111 sq. ft. down to 830 sq. ft. 1 bedroom, 1 bath condos. Some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. And, no trucks or motorcycles are allowed. As of July 2019, the condo association fees ranged from $290 to $390 per month depending on the size and location of the condo.

Pine Ridge Condos at Martin Downs Pine Ridge Condos at Martin Downs

This is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Click this link to search for available Pine Ridge Condos for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Pine Ridge Condos in Palm City July 2019 Market Report