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Palm City FL 34990 Residential Market Report May 2019

Palm City FL 34990 Residential Market Report May 2019

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

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

 There are currently 400 active listings (Up by 11 homes from April)

Palm City FL 34990 Residential Market Report May 2019

132 Residential sales are pending (Down by 34 homes from last month)

Palm City FL 34990 Residential Market Report May 2019

110 Homes Sold in September (Up by 32 homes from April)

Palm City FL 34990 Residential Market Report May 2019

The Palm City FL, zip code 34990 residential real estate market had a very good month for closed sales.  Unfortunately, pending sales were off for this month and the inventory continues to grow.  Palm City remains a very active market.
The monthly absorption rate rose to 3.6 months from 5.0 months in April.  Dropping to even a more extreme seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2018 numbers were:  340 active listings, 176 pending sales, and 106 closed sales.  All in all, considerably better activity last year with a reduced number of homes available to purchase.

Palm City FL 34990 Residential Market Report May 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 May 2019

Stuart West Palm City May 2019 Market Report

Stuart West Palm City May 2019 Market Report

There are currently 11 homes for sale in Stuart West.  List prices range from $550,000 up to $1,075,000. This is an average price of $762,509 which is $205.74 per sq. ft. of living area.

There are 2 homes currently under contract. These homes were listed for $625,000 and $779,000.  This is an average list price of $702,000 or $190.33 per sq. ft. of living area.  These homes were on the market for an average of 158 days prior to going under contract.

In the past 12 months, 13 homes have sold in Stuart West.  Sale prices ranged from $532,000 up to $800,000.  This works out to an average sale price of $656,769 which equals a per sq. ft. of living area $199.30.  These homes sold for an average of 94% of list price and averaged 94 days on the market.

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Farms FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Stuart West in Palm City Farms FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And school bus service is provided inside the community.

Stuart West in Palm City Farms FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Stuart West in Palm City Farms FL

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.  The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

Stuart West in Palm City FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

Search for Martin County Real Estate

Vacant Land for Sale in Stuart West

Stuart West Palm City May 2019 Market Report

River Landing May 2019 Market Report Palm City FL

River Landing May 2019 Market Report Palm City FL

As of May 2019, there are two homes on the market in River Landing. List prices are $459,900 and $499,000. This makes for an average asking price of $479,450 which equals $174.16 per sq. ft. of living area.

There is 1 home currently under contract and awaiting settlement.  The list price was 499,500 or $205.13 per sq. ft. of living area.  This home was on the market for 6 days prior to going under contract.

In the past 12 months, 6 homes have sold in River Landing.  Sales prices ranged from $355,000 up to $560,000.  The average sales price equaled $437,083 which works out to $164.75 per sq. ft. of living area. These homes sold for an average of 96% of the last list price and took an average of 89days on market until going under contract. 

About River Landing in Palm City FL:

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generously sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air-conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older homes, and most have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

River Landing in Palm City FL

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River Landing Homes for Sale in Palm City Florida

River Landing May 2019 Market Report Palm City FL

Palm City FL 34990 Condo Market Report April 2019

Palm City FL 34990 Condo Market Report April 2019

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

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

There are currently 78 active condo listings. (Decreased by 7 condos from March)

Palm City FL 34990 Condo Market Report April 2019 

16 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month)

Palm City FL 34990 Condo Market Report April 2019

11 Condos Sold in April. (Unchanged from March)

Palm City FL 34990 Condo Market Report April 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.  April showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 7.1 months (was 7.7 months in March).  Remaining in a buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2018 numbers were: 88 active listings, 15 pending sales, and 7 closed sales.  Better sales and pending activity this year on lower inventory.
Palm City FL 34990 Condo Market Report April 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 April 2019

Palm City FL 34990 Residential Market Report April 2019

Palm City FL 34990 Residential Market Report April 2019

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

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

 There are currently 389 active listings (Up by 3 homes from March)

Palm City FL 34990 Condo Market Report April 2019

166 Residential sales are pending (Up by 16 homes from last month)

Palm City FL 34990 Condo Market Report April 2019

78 Homes Sold in September (Down by 9 homes from March)

Palm City FL 34990 Condo Market Report April 2019

The Palm City FL, zip code 34990 residential real estate market had fewer closed sales from last month but improved pending activity.  This should be a good indication for future sales.
The monthly absorption rate rose to 5.0 months from 4.4 months in March.  Remaining in a seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2018 numbers were:  364 active listings, 193 pending sales, and 64 closed sales.  Better closed sales this year but weaker pending sales on a greater number of available Palm City homes for sale.

Palm City FL 34990 Condo Market Report April 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 April 2019

Palm City FL 34990 Condo Market Report March 2019

Palm City FL 34990 Condo Market Report March 2019

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

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

There are currently 85 active condo listings. (Decreased by 5 condos from February)

Palm City FL 34990 Condo Market Report March 2019 

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

Palm City FL 34990 Condo Market Report March 2019

11 Condos Sold in March. (Up by 7 condos from February)

Palm City FL 34990 Condo Market Report March 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.  March showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 7.7 months (was 22.5 months in February).  Still a buyer’s market for Palm City condominiums but much better than the last few months.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The March 2018 numbers were: 96 active listings, 12 pending sales, and 9 closed sales.  Better sales and pending activity this year on lower inventory.
Palm City FL 34990 Condo Market Report March 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

Palm City FL 34990 Condo Market Report March 2019

Palm City FL 34990 Residential Market Report March 2019

Palm City FL 34990 Residential Market Report March 2019

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

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

 There are currently 386 active listings (Down by 16 homes from February)

Palm City FL 34990 Residential Market Report March 2019

150 Residential sales are pending (Up by 3 homes from last month)

Palm City FL 34990 Residential Market Report March 2019

87 Homes Sold in September (Up by 25 homes from February)

Palm City FL 34990 Residential Market Report March 2019

The Palm City FL, zip code 34990 residential real estate market rebounded with very strong increases in sales and pending sales compared to the last two months.
The monthly absorption rate plunged to 4.4 months from 7.7 months in February.  Back into a strong seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2018 numbers were:  391 active listings, 171 pending sales, and 81 closed sales.  Slightly greater closed sales this year and slightly less pending sales on similar inventory numbers.

Palm City FL 34990 Residential Market Report March 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

Palm City FL 34990 Residential Market Report March 2019

Orchid Bay Palm City FL April 2019 Market Report

Orchid Bay Palm City FL April 2019 Market Report

There are currently 6 homes listed for sale in Orchid Bay.  List prices range from $455,000 up to $799,000 for an average list price of $543,800 which is $181.57 per sq. ft. of living area.

There are 2 homes currently under contract in Orchid Bay.  List prices were $529,999 and $629,000.  This works out to an average list price of $579,500 or $198.60 per sq. ft. of living area.  These homes were on the market for an average of 96 days prior to going under contract.

In the past 12 months, 7 homes have sold in Orchid Bay.  Sales prices ranged from $435,000 up to $540,000 for an average sales price $499,571 which works out to $200.60 per sq. ft. of living area.  These homes averaged 122 days on the market before going under contract and sold for an average of 95% of list price.

About Orchid Bay in Palm City:

Orchid Bay in Palm City Florida

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan land Company in the early 1990s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie cutter” community by any means.

Orchid Bay in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two-story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (April 2019) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Entrance 2

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL April 2019 Market Report

Sawgrass Villas Palm City April 2019 Market Report

Sawgrass Villas Palm City April 2019 Market Report

For April 2019 there are no townhomes available for sale in the Sawgrass Villas community of Palm City Florida.

There is 1 townhome that is under contract at this time.  This property was listed for sale at a price of $248,000 which equals $153.09 per sq. ft. of living area.  It was on the market for 23 days before going under contract.

In the past 12 months, 4 homes have sold in Sawgrass Villas.  Sales prices ranged from $218,000 up to $235,000.  This equals an average sales price of $227,675 which works out to $132.49 per sq. ft. of living area.  These homes sold for 98% of list price and also averaged 65 days on market before going under contract.

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City

Built in 2005, the Sawgrass Villas of Palm City are one of the few newer affordable townhome style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception, all of these townhouses have a 1 car garage.

Sawgrass Villas in Palm City

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

Sawgrass Villas in Palm City FL

The HOA fees (March 2019) are a very reasonable $365 per month as this includes building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry-free life in these solid concrete townhomes featuring Hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas homes for sale

Hidden River in Palm City FL April 2019 Market Report

Hidden River in Palm City FL April 2019 Market Report

There is 1 active listing in Hidden River in Palm City for April 2019.  The list price is $785,000 or $298.37 per sq. ft. of living area.

There are no homes under contract at this time in the Hidden River community

In the past 12 months, only 1 home has sold in Hidden River.  The sales price was $595,000 which is $238.00 per sq. ft. of living area.  These sales price was 92% of list price and went under contract 145 days after being listed.

About Hidden River in Palm City FL

Hidden River in Palm City FL April 2019 Market Report

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Hidden River in Palm City FL April 2019 Market Report

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Hidden River in Palm City FL April 2019 Market Report

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River in Palm City FL April 2019 Market Report

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search here for any Hidden River homes for sale

Hidden River in Palm City FL April 2019 Market Report

Creekside April 2019 Market Report Palm City Florida

Creekside April 2019 Market Report Palm City Florida

For April 2019 there is one home listed for sale in the Creekside community of Palm City.  This home is listed for $409,900 or $135.55 per sq. ft. of living area.

There are no homes currently under contract in the Creekside subdivision of Palm City.

In the past 12 months, 1 home has sold in Creekside.  The sales price was $395,000 which equates to $129.17 per sq. ft. of living area.  This home was on the market for 192 days before going under contract and sold for 99% of the list price.

About Creekside in Palm City

Creekside real estate in Palm City

A small gated community in Palm City FL with only 18 homes.  This is a Kolter built community that was constructed from 2013 to 2014.

Homes in Creekside are all 4 Bedrooms or greater with 3 or more bathrooms and most are 2 stories with 2 car garages.  Sizes of the homes range from just over 2,000 sq. ft. of living area up to over 3,000.  Some of the homes have private pools. There are no community amenities in Creekside which helps keep the HOA fees a very reasonable $120 per month.

Creekside real estate in Palm City Home 2

Creekside is off of Sunset Trail in Palm City which makes it a quiet and private secluded location, yet still just minutes away from excellent shopping, restaurants, as well as access to the numerous waterways, beaches and golf courses the Martin County and the Treasure Coast of Florida have to offer.

Creekside real estate in Palm City Creekside real estate in Palm City

A very desirable community for children as this is an ‘A’ rated school district currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.

Here are the currently available homes for sale in Creekside

Creekside April 2019 Market Report Palm City Florida

The Meadows Palm City March 2019 Market Report

The Meadows Palm City March 2019 Market Report

There are currently 12 homes for sale in the Meadows in Palm City FL.  List prices range from $175,900 up to $399,900.  This is an average list price of $307,142 which equals $179.81 per sq. ft. of living area.

There are currently 4 homes under contract in the Meadows.  These homes were listed from $179,900 up to $449,900.  This is an average list price of $320,200 which is $172.13 per sq. ft. of living area.  These homes averaged 39 days on the market before going under contract.

In the past 12 months, there have been 29 sales in the Meadows.  Sales prices ranged from a low of $140,000 up to $382,250.  This is an average sales price of $249,153 or $156.51 per sq. ft. of living area.  These homes went under contract in an average of 33 days and sold for an average of 96% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Homebuilding (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Search for the Meadows Homes for Sale

The Meadows Palm City March 2019 Market Report

Palm City FL 34990 Condo Market Report February 2019

Palm City FL 34990 Condo Market Report February 2019

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

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

There are currently 90 active condo listings. (Decreased by 14 condos from January)

Palm City FL 34990 Condo Market Report February 2019

19 Condo sales are pending and awaiting close or lender approval. (Up by 12 condos from last month)

Palm City FL 34990 Condo Market Report February 2019

4 Condos Sold in February. (Unchanged from January)

Palm City FL 34990 Condo Market Report February 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.

The current absorption rate for condos in the 34990 zip is 22.5 months (was 26 months in January).  An extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The February 2018 numbers were: 103 active listings, 10 pending sales, and 4 closed sales.  The same number of sales while a big increase in pending sale for this year on a reduced inventory.
Palm City FL 34990 Condo Market Report February 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

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report February 2019

Palm City FL 34990 Residential Market Report February 2019

Palm City FL 34990 Residential Market Report February 2019

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

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

 There are currently 402 active listings (Up by 11 homes from January)

Palm City FL 34990 Residential Market Report February 2019

147 Residential sales are pending (Up by 26 homes from last month)

Palm City FL 34990 Residential Market Report February 2019

52 Homes Sold in September (Ip by 5 homes from January)

Palm City FL 34990 Residential Market Report February 2019

The Palm City FL, zip code 34990 residential real estate market showed strong results for February with solid increases in both pending and closed sales.
The monthly absorption rate decreased to 7.7 months from 8.3 months in January.  Remaining in a buyer’s market for the Palm City zip code 34990 area for residential sales but drifting towards a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2018 numbers were:  415 active listings, 144 pending sales, and 55 closed sales.  Very similar activity and inventory as last year.

Palm City FL 34990 Residential Market Report February 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 Palm City Florida Real Estate for Sale:

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

Palm City FL 34990 Residential Market Report February 2019

Islesworth in Palm City FL March 2019 Market Report

Islesworth in Palm City FL March 2019 Market Report

There are currently no homes for sale in Islesworth in Palm City, Florida.

There are also no homes currently under contract in Islesworth.

In the past 12 months, 4 homes have sold in Islesworth.  Sales prices ranged from $365,000 up to $455,000.  This is an average sales price of $397,500 which works out to $159.25 per square foot of living area. These homes averaged 78 days on the market prior to going under contract and sold for 96% of the listing price.

About Islesworth in Palm City FL

Islesworth Entrance

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites.

Islesworth Lake 1Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds and basic cable TV.

Homes in Islesworth 3Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Islesworth in Palm City FLClose to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs.  For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.


Islesworth Lake 3

Islesworth Playground

Here are the currently available homes in March 2019 Market Report for Islesworth in Palm City FL

For any questions you may have about March 2019 Market Report for Islesworth in Palm City FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Islesworth in Palm City FL March 2019 Market Report

Westwood Country Estates Palm City March 2019 Market Report

Westwood Country Estates Palm City March 2019 Market Report

As of March 2019, there is one home available to purchase in Westwood Country Estates in Palm City, FL.  The list price is $685,000 or $186.04 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There has been only 1 home sold in the past 12 months in Westwood Country Estates.  The sales price was $440,000 which is equal to $184.72 per sq. ft. of living area.  This sales was for 98% of list price and went under contract after being on the market for 56 days.

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country Estates Homes for Sale

Westwood Country Estates Palm City March 2019 Market Report

Four Rivers March 2019 Palm City Real Estate Market Report

Four Rivers March 2019 Palm City Real Estate Market Report

For March 2019, there are 6 homes for sale in Four Rivers in Palm City FL ranging in price from $870,000 up to $1,599,000 for an average list price of $1,132,333 or $321.27 per sq. ft. of living area.

There are no homes currently under contract.

4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $600,000 up to $1,790,000 for an average sales price of $1,110,000 which is $245.44 per sq. ft. of living area.  These homes averaged 139 days on the market before going under contract and the sales were for an average at 94% of the list price.

About Four Rivers in Palm City FL:

Four Rivers Waterfront Community in Palm City FL.

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.

Four Rivers in Palm City, Florida

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.

Four Rivers in Palm City, Florida

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.

Four Rivers Waterfront Community in Palm City FL.

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Four Rivers March 2019 Palm City Real Estate Market Report

 

Danforth in Palm City February 2019 Market Report

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

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.

Danforth real estate in Palm City

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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Palm City Florida Real Estate

Residential Homes, homes and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Danforth in Palm City February 2019 Market Report

 

Windstone Palm City February 2019 Market Report

Windstone Palm City February 2019 Market Report

As of February 2019:

There are currently 3 homes for sale in Windstone in Palm City, FL.  The list prices for these homes range from $539,900 up to $1,495,000.   This is an average list price of $934,633 which works out to $181.51 per sq. ft. of living area.

One home is under contract and awaiting sale at this time.  It was listed for $614,900 or $219.61 per sq. ft. of living area.  This home was on the market for 16 days prior to going under contract.

In the past 12 months, 4 homes have sold in Windstone.  The sales prices ranged from $535,000 up to $625,000.  The average sales price was $591,225 which equals $199.08 per sq. ft. of living area.  These sales averaged 56 days on the market before going under contract and sold for 98% of the list price.

About Windstone in Palm City FL:

Windstone real estate in Palm City FL

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City February 2019 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City February 2019 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone real estate in Palm City FL

Windstone Palm City February 2019 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone real estate in Palm City FL

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Windstone Palm City February 2019 Market Report

Palm City FL 34990 Condo Market Report January 2019

Palm City FL 34990 Condo Market Report January 2019

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

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

There are currently 104 active condo listings. (Increased by 7 condos from December)

  Palm City FL 34990 Condo Market Report January 2019

7 Condo sales are pending and awaiting close or lender approval. (Up by 2 condos from last month)

Palm City FL 34990 Condo Market Report January 2019

4 Condos Sold in January. (Up by 4 condos from December)

Palm City FL 34990 Condo Market Report January 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.

The current absorption rate for condos in the 34990 zip is 26 months (was 44.5 months in January).  An extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The January 2017 numbers were: 102 active listings, 9 pending sales, and 15 closed sales.  Considerably better activity last January.
Palm City FL 34990 Condo Market Report January 2019
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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report January 2019