The Meadows Real Estate Market Report March 2024
There are currently 10 homes for sale in the Meadows in Palm City FL. The list prices range from $328,000 up to $549,000. This is an average list price of $427,490 which equals $275.67 per sq. ft. of living area.
There are 12 Meadows homes currently under contract. These homes had list prices ranging from $289,900 up to $599,900. This is an average list price of $441,975 which is $273.87 per sq. ft. of living space. These homes averaged 41 days on the market before going under contract.
In the past 12 months, there have been 51 Meadows home sales. Sales prices ranged from a low of $274,900 up to $610,000. This is an average sales price of $404,052 or $262.90 per sq. ft. of living area. These homes went under contract in an average of 55 days. And, they sold for an average of 97% of their final list price.
Click here to view previous Meadows market reports.
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, a 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.
Meadows History:
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-Home building (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 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
Recent market reports:
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- Legacy Cove Real Estate Market Report November 2024
- The Arbors Real Estate Market Report November 2024
- Island Club Real Estate Market Report November 2024
For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.
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