Harbour Ridge December 2018 Market Report
Homes:
There are currently 50 homes available for sale in Harbour Ridge. Listi prices range from $39,900 up to $835,000 for an average list price of $296,568 which equates to $121.95 per sq. ft. of living area.
There are 3 homes under contract which have not closed to date. List prices were from $119,700 up to $975,000 for an average list price of $404,800 or $131.89 per sq. ft. of living area. These homes averaged 57 days on the market prior to going under contract.
In the past 12 months, 70 homes have sold. Sales prices ranged from $100 up to $2,200,000 for an average sales price of $349,050 or $116.21 per sq. ft. These sales averaged 87% of the last list price and were on the market for an average of 149 days prior to going under contract.
Condos:
There are 76 condos for sale in Harbour Ridge. List prices range from $0.00 up to $649,000 for an average list price of $183,591 or $183,591 per sq. ft. of living area.
There are no condos currently under contract in Harbour Ridge.
32 condos have sold in the past 12 months with sales prices from $1,000 up to $545,000. This equals an average sales price of $128,125 which equals $54.81 per sq. ft. These condos sold for an average of 68% of the final list price and took an average of 265 days on market before accepting an offer.
About Harbour Ridge in Palm City FL:
Harbour Ridge is a yacht and country club located right next to the St. Lucie River. Technically located in Saint Lucie County, but Harbour Ridge residents have a Palm City zip code and children attend the ‘A’ rated Martin County School district as it’s location is much closer to Martin County.
This magnificent golf and yachting community offers a wide and varied range of recreational activities for residents only such as; two championship golf courses, tennis programs, a gym center, yacht club with a private marina, and a gorgeous dog park! Harbour Ridge includes many varied types of residences from, a low density community that allows each home to have plenty of green space and a minimum of 1.25 acres to wonderful condos overlooking the wide Saint Lucie River. There is a newly built magnificent club house that is sought after for rentals throughout the community.
This is an equity membership association. Equity Membership means you are a part owner of the community. There are 695 members…your $68,000 Equity gives you 1/695th ownership. When you sell your property and leave the community, it is refunded to you along with the $600 Property Owners’ Association Equity also due at closing.
Annual Fees include Club (Golf/Tennis/Fitness Center) membership, Property Owners’ Association Fees (for common areas) HOA Fees (for the village where your property is located) and Capital Funds Reserve Fees (a fund set up for maintenance & improvements to avoid assessments.)
Condo Building Insurance is included in Condo HOA Fees along with landscaping, roof maintenance, & painting of the outside of the building every 7-8 years.
EVERYONE, whether in a 2 BR condo without covered parking or a multi-million dollar custom home pays $24,989.56. Add to that the HOA Fee for the village where the property is located.
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Palm City Florida Real Estate is presented by:
the Gabe Sanders real estate team
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