The Meadows Palm City March 2018 Market Report
There are currently 6 homes for sale in the Meadows in Palm City FL. List prices range from $147,900 up to $320,000 for an average list price of $264,383 which equals $158.36 per sq. ft. of living area.
There are currently 5 homes under contract in the Meadows. These homes were listed for prices from $249,900 up to $315,000 for an average list price of $269,340 which is $166.04 per sq. ft. of living area. These homes averaged 44 days on market before going under contract.
In the past 12 months, there have been 38 sales in the Meadows. Sales prices ranged from a low of $126,800 up to $400,000 with an average sales price of $239,013 or $146.91 per sq. ft. of living area. These homes went under contract in an average of 21 days and sold for an average of 97% 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.
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