Pine Ridge Condos in Palm City January 2021 Market Report

Pine Ridge Condos in Palm City January 2021 Market Report

There is only 1 condo for sale in Pine Ridge at Martin Downs in Palm City FL in January 2021.  The list price is $165,315 or $148.80 per sq. ft. of living area.

There are 3 condos currently under contract in Pine Ridge. The list prices ranged from $150,000 up to $168,000. This equals an average list price of $159,000 which is $130.85 per sq. ft. of living area. These condos averaged 7 days on the market before going under contract.

In the past 12 months, 23 condos have sold in Pine Ridge. Sales prices ranged from a low of $99,000 up to a high of $209,000.  This works out to an average sales price of $144,587 which equals $122.54 per sq. ft. of living area. These condos sold for an average of 95% of list price and were on the market for an average of 41 days before going under contract.

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About the Pine Ridge Condos at Martin Downs:

Pine Ridge Condos in Palm City

The Pine Ridge Condo community in Martin Downs is a wonderful gated complex in Palm City FL. Entrance is through the gates at Matheson Ave on the south side of Martin Downs Blvd, just south of the Monarch Golf Club. This is a great location 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 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 down to 1 bedroom, 1 bath condos. As a bonus, some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

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. No trucks or motorcycles are allowed.

In conclusion, 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.

Pine Ridge Condos in Palm City

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Recent Market Report Posts:

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 January 2021 Market Report

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