Pine Ridge Real Estate Market Report January 2025
There are 10 condos for sale in the Pine Ridge community at Martin Downs in Palm City FL for January 2025. The list prices range from $210,000 up to $588,000. This is an average list price of $318,380 or $258.36 per sq. ft. of living space.
There are only two condos currently under contract in Pine Ridge. The list prices ranged from $175,000 to $210,000, which works out to $173.27 per sq. ft. of living area. These condos were on the market for an average of 57 days before going under contract.
In the past 12 months, 13 Pine Ridge condos have sold. Sales prices ranged from a low of $158,000 up to a high of $370,000. This works out to an average sales price of $244,329 which equals $207.71 per sq. ft. of living area. These condos sold for an average of 97% of the list price. And, they were on the market for an average of 66 days before going under contract.
Click here to view the previous Pine Ridge market report
About the Pine Ridge Condos at Martin Downs:
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.
Click this link to search for available Pine Ridge Condos for Sale
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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.
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