Tres Belle August 2015 Market Report
08.24.15 by
Tres Belle August 2015 Market Report
August 2015 Market Update:
There are 7 homes currently for sale in the Tres Belle subdivision of Stuart FL. Listing prices are from $579,900 to $1,067,183 for an average list price of $774,840 and works out to $201.60 per sq. ft. of living area. A number of these homes are new construction from Kolter Homes. Those interested, please ask about our new home buyer rebate program.
There are currently 2 homes under contract with list prices of $550,0000 and $649,900 for an average list price for these pending sales of $599,950 or $171.46 per sq. ft. of living area.
21 homes have sold in the past 12 months. Ranging in sales price from $480,000 to $765,714. The average sales price was $615,657 which comes out to $183.52 per sq. ft. of living area. These homes sold on average of 122 days on market days with sales prices at 98% of list price.
The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.
The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2015). Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.
Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails. Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy. Martin Memorial Hospital South is only a few minutes away. A consistently highly rated medical facility. For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.
For boaters, there are an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.
Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.
The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV. This is a pet friendly community.
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Tres Belle August 2015 Market Report
Hobe Sound FL 33455 Condo Market Report July 2015
08.22.15 by
Hobe Sound FL 33455 Condo Market Report July 2015
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2015
For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 3 active condo listings. (Down by 5 condos from June)
6 Condos are pending and awaiting close. (Up by 4 condos from June)
1 Condos sold in June (Decreased by 5 condos from June)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. I may have to stop reporting on Hobe Sound condos if we don’t get more inventory in the next few months. We are down now to only 3 active listings. This is the lowest inventory I’ve ever seen in Hobe Sound or any other segment of the Martin County real estate market since we’ve been looking at the data.
The current absorption rate is 3 months (Last month it was 1.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that July not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The July 2014 numbers were: 17 active listings, 4 pending sales and 2 closed sales. Better closed activity last year, but we still have more pending sales this year.
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Hobe Sound FL 33455 Condo Market Report July 2015
Hobe Sound FL 33455 Residential Market Report July 2015
08.21.15 by
Hobe Sound FL 33455 Residential Market Report July 2015
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2015
For July 2015 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 163 active listings. (Up by 13 homes from June)
90 Residential sales are pending and awaiting close (Down by 29 homes from June)
55 Homes Sold in July (Down by 6 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains very strong. Both sales and pending sales retreated a bit from last month, but still remain very strong. The inventory took a slight increase from last month. This is a much needed statistic that will hopefully continue in the months ahead.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3 months (2.5 months in June). Still a strong seller’s market for the Hobe Sound area of Martin County. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for July 2014 were: 237 active listings, 80 pending sales and 51 closed sales. Even with the significantly smaller inventory, sales activity is better than last year.
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Hobe Sound FL 33455 Residential Market Report July 2015
Jensen Beach FL 34957 Condo Market Report July 2015
08.20.15 by
Jensen Beach FL 34957 Condo Market Report July 2015
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2015
For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 25 active listings. (Decreased by 6 condos from June)
13 Condo sales are pending and awaiting settlement. (Increased by 2 condos from June)
3 Condos Sold (Decreased by 2 condos from June)
The Jensen Beach FL 34957 Condo Market Report July 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Activity has been dropping in the Jensen Beach condo market. Some of this decrease is due to the very low inventory levels we presently have and the rest due to the fact that summer is a slow season for our condo market.
The one month absorption rate for the July 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.3 months (from 6.2 months in June), back into a buyer’s market after many, many months of being a seller’s market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The July 2014 numbers were: 30 active listings, 13 pending sales and 1 condos closed. Slightly better closed numbers this year.
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Jensen Beach FL 34957 Condo Market Report July 2015
Jensen Beach FL 34957 Residential Market Report July 2015
08.19.15 by
Jensen Beach FL 34957 Residential Market Report July 2015
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2015
For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 108 active listings. (Down by 11 homes from last month)
85 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from June)
35 Homes Sold (Decreased by 11 homes from June)
The Jensen Beach FL 34957 Residential Market eased a little for July in sales activity. Though it remains quite strong and we wouldn’t mind seeing a bit more inventory come on the market to make this activity a bit more sustainable for the future.. The Jensen Beach residential sales activity remains among the strongest of the County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.1 months (was 2.6 months in June). Remaining in a strong sellers market for Jensen Beach residential home sales. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2014 numbers were: 104 active listings, 76 pending sales and 29 home sales closed. One of our few areas in Martin County where the inventory this year exceeds last year’s. Market activity for 2015 is also much better than last year.
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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report July 2015
Palm City FL 34990 Condo Market Report July 2015
08.18.15 by
Palm City FL 34990 Condo Market Report July 2015
Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2015
For July 2015 in the 34990 Zip Code area of Palm City, Florida :
There are currently 60 active condo listings. (Up by 9 condos from June)
7 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month)
6 Condos Sold in July. (Down by 2 condos from June)
The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. It’s good to see a rebound in the inventory, though unfortunately both closed and pending sales were off this month. Not unexpected as the condo market often slows down during the summer season.
The current absorption rate for condos in the 34990 zip code area declined to 10 months (was 6.4 months in August). Back into a buyer’s market after last month’s balanced market. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The July 2014 numbers were: 59 active listings, 6 pending sales and 1 closed sales. Even though July was slower than June, it is still much better activity than for last July.
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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report July 2015
Palm City FL 34990 Residential Market Report July 2015
08.17.15 by
Palm City FL 34990 Residential Market Report July 2015
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2015
For July 2015 in the 34990 Zip Code area of Palm City Florida :
There are currently 363 active listings (Increased by 5 homes from June)
162 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month)
71 Homes Sold in June (Decreased by 57 sold homes from June)
After a very strong June, the Palm City FL 34990 residential real estate market eased a bit for July. Though still excellent activity and one that is far more sustainable for the future. Of interest, is the small rise in inventory. Hopefully this will continue for the coming months.
The current absorption rate jumped up to 5.1 months from 2.8 months in June. Still a slight sellers’ market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The July 2014 numbers were: 432 active listings, 148 pending sales and 73 closed sales. Better pending sales and almost identical closed sales with a considerably reduced inventory. Makes 2015 a better market than last year for Palm City.
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Palm City FL 34990 Residential Market Report July 2015
Stuart FL 34997 Condo Market Report July 2015
08.16.15 by
Stuart FL 34997 Condo Market Report July 2015
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2015
For July 2015 in the 34997 Zip Code area of Stuart, Florida :
There are currently 38 active condo listings (Up by 3 condos from June).
12 Condo sales are pending and awaiting close or lender approval (Decreased by 7 condos from June).
10 Condos Sold in July (Decreased by 7 condos from June).
The Stuart FL condo market for zip code 34997 showed reduced closed and pending sales. This was expected as we head into the slower summer months and also with such a low amount of available condos currently for sale.
The one month absorption rate increased to 3.8 months from 2 months for June. Continuing as a strong seller’s market for now, though as we get into summer I expect this extreme market to ease up a bit. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The July 2014 numbers were: 61 active listings, 28 pending sales and 21 closed sales. Our sales numbers are down compared to last year, but our inventory is only a little half of what it was last year as well.
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2015
Stuart FL 34997 Residential Market Report July 2015
08.15.15 by
Stuart FL 34997 Residential Market Report July 2015
Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2015
There are currently 232 active listings (Decreased by 25 homes from June).
190 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from June).
83 Homes Sold in July (Decreased by 30 homes from June)
The Stuart Florida Residential Market for ZIP Code 34997 continues as the best performing segment of the Stuart residential market. Both closed and pending sales are doing well, though as the inventory shrinks, the sales volume can’t keep up with the torrid pace set from last month.
The current one month absorption rate increased to 2.8 months (was 2.3 months for June). Remaining in a very strong seller’s market for the 34997 zip code area of Stuart, FL. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
The 2014 numbers for July, were: 362 active listings, 189 pending listings and 78 closed sales. Even with an inventory that is over 33% less than last year, closed and pending sales are still better for 2015. Our strongest local market.
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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report July 2015
Stuart FL 34996 Condo Market Report July 2015
08.14.15 by
Stuart FL 34996 Condo Market Report July 2015
Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2015
For July 2015 in the 34996 Zip Code area of Stuart, Florida :
There are currently 92 active condo listings (Down by 10 condos last month).
42 Condo sales are pending and awaiting close or lender approval (Increased by 16 condos from June).
16 Condos Sold in July (Decreased by 10 condos from June)
The Stuart FL 34996 Condo Market moderated a bit for July. Closed sales were down from the previous month and unfortunately the inventory continues to drop. Surprisingly there was a large jump in pending sales which is a good indication for continued strong activity for the remainder of the summer..
The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 5.8 months from June’s 3.9 months. Drifting close to a balanced market for July. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.
The numbers for July 2014 were: 143 active listings, 45 pending sales and 11 closed sales. Better activity this year even though our inventory is significantly lower than it was in July of 2014.
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Stuart FL 34996 Condo Market Report July 2015
Stuart FL 34996 Residential Market Report July 2015
08.13.15 by
Stuart FL 34996 Residential Market Report July 2015
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2015
For July 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 135 active listings (Down by 1 homes from June).
34 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from June).
11 Homes Sold in July (Increased by 3 homes from June).
The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle, though it improved from June’s very poor showing. Unfortunately pending sales were off considerably this month. This could be a sign of continued weak activity for the near future.
The one month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 12.3 months as compared to June’s atrocious 17 months. Still a strong buyers market for this section of Martin County. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for July of 2014 were: 169 active listings, 32 pending sales and 21 closed sales. Considerably weaker activity this year as compared to July of 2014.
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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Residential Market Report July 2015
Stuart FL 34994 Condo Market Report July 2015
08.12.15 by
Stuart FL 34994 Condo Market Report July 2015
Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2015
For July 2015 in the 34994 Zip Code area of Stuart, Florida :
There are currently 83 active condo listings (Unchanged from June).
24 Condo sales are pending and awaiting close or lender approval. (Decreased by 10 condo from last month)
20 Condos Sold in July (Down by 3 condos from June).
The Stuart FL 34994 Condo market showed strong activity for July 2015. Inventory didn’t go down this month, which is really the only positive as sales slowed for the month. Though still an active market especially since we are well into the slower months for condo sales.
The one month absorption rate increased to 4.2 months compared to last month’s 3.6. Continuing as a seller’s market. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.
Last July the numbers were 118 active listings, 40 pending sales, and 25 closed sales. For the 34994 zip code area of Stuart there was considerably greater activity in 2014, though the inventory was quite a bit larger as well.
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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2015
Stuart Florida Market Report ZIP Code 34994 Residential July 2015
08.11.15 by
Stuart Florida Market Report ZIP Code 34994 Residential July 2015
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2015
For July, 2015 in the 34994 Zip Code area of Stuart, Florida :
There are currently 62 active listings (Decreased by 2 homes from June)
32 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month).
16 Homes Sold in June (Up by 2 homes from June)
The 34994 ZIP code area of the Stuart, Florida continues to perform very well even though the inventory of available homes is getting into ver low and troubling levels.
The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from last months 4.6 months, a very strong sellers market. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The July 2014 numbers were 73 Active Listings, 34 pending sales and 15 closed sales. Similar sales activity, though the reduced inventory may be an issue for volume of sales in the near future.
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Stuart, FL Real Estate
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Stuart Florida Market Report ZIP Code 34994 Residential July 2015
Sewalls Point Single Family Market Report July 2015
08.10.15 by
Sewalls Point Single Family Market Report July 2015
Sewalls Point Real Estate Snapshot, Residential Sales for July 2015
There are currently 58 active listings (Decreased by 3 homes since last month)
12 home sales are pending and awaiting close or lender approval (Down by 3 homes from June)
5 Homes sold in July (Up by two sales from June)
The Sewalls Point single family homes market continues to face some challenging volume of sales, though there were some excellent closings on the higher end of the market for June. Also, a nice decrease in inventory will bring back some activity for the near future to Sewalls Point.
The current absorption rate dropped to 11.6 months, in June it was 20.3 months. Still plenty of room for improvement. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
Comparing the results to July of 2014, the inventory was 48 homes on the market, 13 pending sales and there were 5 closed sales. Other than a larger inventory, last years sales activity is almost identical to this year.
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- Residential Properties for Sale in Sewalls Point, Florida Between $400,000 – $500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $500,000 – $600,000
- Residential Properties for Sale in Sewalls Point, Florida Between $600,000 – $700,000
- Residential Properties for Sale in Sewalls Point, Florida Between $800,000 – $900,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,100,000 – $1,200,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,200,000 – $1,300,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,900,000 – $2,000,000
- Residential Properties for Sale in Sewalls Point, Florida Between $2,400,000 – $2,500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $3,500,000 – $3,600,000
Sewalls Point Single Family Market Report July 2015
Four Rivers August 2015 Market Update
08.08.15 by
Four Rivers August 2015 Market Update
There are currently 4 homes for sale in Four Rivers in Palm City FL ranging in price from $775,000 to $1,800,000 for an average list price of $1,130,000 or $262.01 per sq. ft. of living area.
There are no pending sales in Four Rivers at this time.
4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $835,000 to $1,175,000 for an average sales price of $1,030,600 which is $273.18 per sq. ft. of living area. These homes averaged 300 days on the market before accepting an offer and the sales were on average at 93% of the list price.
Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River. Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.
Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.
Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water. Four Rivers is a wonderful place to call home.
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Four Rivers August 2015 Market Update
Holly Creek August 2015 Market Update
08.07.15 by
Holly Creek August 2015 Market Update
There are 4 active listings in Holly Creek. List prices range from $129,000 to $229,000 with the average list price being $165,450 which equals a price per sq. ft. of living area of $126.46.
There are three homes pending in Holly Creek. Listing prices are from $156,000 to $1198,000 for an average list price of $181,300 or $119.88 per sq. ft. of living area. These homes were on the market for an average of 66 days before going under contract.
In the past 12 months, 12 homes and townhomes have sold in Holly Creek. Sales prices ranged from $138,500 to $218,500 for an average sale price of $176,683 which equates to $112.09 per sq. ft. of living area. These homes averaged 42 days on the market before going pending and sold at an average of 95% of listed price.
This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.
A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.
Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.
Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.
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Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
Holly Creek August 2015 Market Update
Palm Cove Golf and Yacht Club August 2015 Market Update
08.06.15 by
Palm Cove Golf and Yacht Club August 2015 Market Update
There are currently 8 homes actively listed in Palm Cove Yacht and Golf Cub for August 2015 in Palm City, Florida. List prices range from a low of $185,000 up to the highest which is a waterfront home for $2,375,000. The average list price is $630,662 which works out to $186.84 per square foot of living area.
There is one home under contract awaiting closing. This home was listed for $729,000 or $173.12 per square foot of living area.
In the past 12 months, 25 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $192,500 up to $645,000 for an average sales price of $420.788 or $152.87 per square foot of living area. These homes were on the market for an average of 87 days prior to going under contract and sales prices averaged at 94% of the list price
The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multimillion dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.
This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory. In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.
There’s a magnificent club house located riverside by the marina. Residents enjoy 24 hour security from the manned gated entrance. The Palm Cove Golf and yacht Club is separated into two main sections. Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.
In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’. Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages. Home owner (HOA) fees vary from section to section. The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping. For a complete list of fees, please give us a call.
Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County. Children attend an ‘A’ rated Martin County school system to the following schools: Bessey Creek elementary, Hidden Oaks middle and Martin County High.
Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club
For any questions you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties
Palm Cove Golf and Yacht Club August 2015 Market Update
Danforth in Palm City August 2015 Market Report
08.05.15 by
Danforth in Palm City August 2015 Market Report
As of August, 2015:
There is currently only 1 active listings for sale in Danforth. This home is on the market for $399,900 which equals $139.73 per sq. ft. of living area.
6 homes are currently under contract. The list prices of these pending sales range from $348,900 to $439,900 with the average being $385,950 which equates to an average price per sq. ft. of living area of $170.21.
In the past 12 months 19 homes have sold in Danforth. The sales prices ranged from $242,000 to $395,000. The average sales price was $332,505 or $135.64 per sq. ft. of living area. These sold listings averaged 52 days on the market before going under contract and sold at 95% of the list price.
Danforth in Palm City Florida is 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 $328.00 per quarter (as of July 2015). 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 web site. Danforth just added an remote code controlled entry gate system in 2014.
the Gabe Sanders real estate team
Residential Homes, homes and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties