Danforth in Palm City February 2019 Market Report

As of February 2019:

There are currently 8 active listings for sale in Danforth.  The list prices for these Danforth homes are from $409,000 up to $549,000.  This is an average list price of $466,725 or $169.84 per sq. ft. of living area.

Only 1 home is currently under contract.  This home was listed for $375,000 which equals $181.95 per sq. ft. of living area.  This home was on the market for 19 days before going under contract.

In the past 12 months, 10 homes have sold in Danforth.  The sales prices ranged from a low of $365,000 up to $481,000.  The average sales price was $421,200 or $173.64 per sq. ft. of living area.  These homes averaged 115 days on the market before going under contract and sold at 98% of the list price.

About the Danforth Community in Palm City FL:

Danforth in Palm City Florida is a wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in Palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth features low HOA fees of $119.00 per month (as of February 2019).  Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001.  This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes.  Here is the Danforth Home Owners Association website.  Danforth just added a remote code controlled entry gate system in 2014.

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