David Boston has recently joined Berkshire Hathaway HomeServices Florida Realty as a licensed real estate Sales Professional. The announcement was made by Carol Hill, Regional Vice President, Berkshire Hathaway HomeServices Florida Realty. David Boston, a top tier REALTOR® in the Palm City area, prides himself on being the trusted resource with innovative marketing strategies and expertise of the local neighborhoods.  His strong negotiating skills and attention to detail provide superior service to his customers throughout the entire home buying or home selling process. Learn more about David and his future plans at our Palm City real estate location. 10/02/2015

Palm City FL 34990 Condo Market Report August 2015 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2015  For August 2015 in the 34990 Zip Code area of Palm City, Florida :There are currently 52 active condo listings. (Down by 8 condos from July) 8 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condos from last month) 4 Condos Sold in August. (Down by 2 condos from July) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Last month's rebound in the inventory was wiped out in August. So we're back to small numbers of available condos, though that didn;t do very much for the number of closed sales which was off for the month. The current absorption rate for condos in the 349... 09/29/2015

Palm City FL 34990 Residential Market Report August 2015  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2015  For August 2015 in the 34990 Zip Code area of Palm City Florida :   There are currently 355 active listings (Decreased by 8 homes from July) 155 Residential sales are pending and awaiting close or lender approval. (Decreased by 7 homes from last month) 74 Homes Sold in July (Increased by 3 sold homes from July) After a very strong July, the Palm City FL 34990 residential real estate market continues to show strong sales activity while the inventory of available homes for sale continues to decrease. Prices continue their steady march higher so we'll see if this is enough of an incentive to make potential sellers put their homes on the market in t... 09/28/2015

Rustic Hills Palm City FL September 2015 Market ReportThere are currently 3 homes available for sale in Rustic Hills. Listing prices range from $349,000 to $575,000 for an average list price of $424,666 which equals $250.76 per sq. ft. of living area. There are 2 homes under contract awaiting sales. List prices are $324,900 and $349,000 for an average list price of $336,950 which is equal to $248.77 per sq. ft. of living area. These homes were on the market for an average of 182 days. In the past 12 months, 17 Rustic Hills homes have sold. Sales prices ranged from $90,000 to $467,000 for an average sales price of $253,300 which equates to $153.57 per sq. ft. of living area at a 90% sales to list price ratio. These homes went under contract in an average of 97 days.  Originally a popular... 09/24/2015

September 2015 Market Report for Oak Ridge in Palm CityThere are currently only 2 homes available for sale in Oak Ridge in Palm City, FL.  The list prices are $379,000 and $424,900 for an average of $401,950 which is $173.68 per sq. ft. of living area.There is 1 home under contract and awaiting settlement.  It was listed for $315,000 or $142.21 per sq. ft. of living area and was on the market for 5 days prior to going under contact.14 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $237,500 to $765,000.  The average sold price was $385,828 which equals $152.38 per sq. ft. of living area.  These homes went under contract in an average of 59 days and sold for 97% of list price.Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of ... 09/18/2015

September 2015 Market Report for Islesworth in Palm City FL There are currently 3 homes actively listed in Islesworth in Palm City, Florida.  List prices range from $324,000 to $409,900 for an average list price of $374,600 which is equal to $144.37 per sq. ft. of living area. No homes are currently under contract in Islesworth. In the past 12 months, 7 homes have sold in Islesworth.  Sales prices ranged from $285,000 to $434,900 with an average sales price of $351,557 at $125.84 per square foot of living area. These homes averaged 68 days on the market prior to going under contract and sold for 96% of the listing price. 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 Highw... 09/15/2015

Hammock Creek September 2015 Market UpdateThere are currently 8 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $379,900 to $674,900.  The average list price is $533,575 at $156.28 per square foot of living area.There are 4 homes currently under contract awaiting closing.  The list prices range from $314,900 to $560,000 at an average list price is $424,975 which is equal to $146.87 per square foot of living area.  These homes averaged 72 days from list date to being under contract.In the past 12 months, 49 homes have sold in Hammock Creek.  Sales prices ranged from $305,000 to $570,000 with an average sales price of $411,181 or $143.81 per square foot of living area.  These homes went under contract in an average of 49 days and sold for 96% of lit price.... 09/14/2015

Lighthouse Point and Seagate Harbor September 2015 Market ReportThere are currently 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  From a low price of $419,000 to a high of $949,000 with an average asking price of $682,313 which equals $289.24 per square foot of living area.There is only one home under contract.   The listing price of this pending home is $899,000 or  $317.20 per square foot of living area.24 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices were from $175,350 to $1,392,500 with an average sales price of $511,795 or $233.91 per square foot of living area.  These homes sold on average in 82 days and at 94% of the listed price.A boater’s and sailor’s Delight in an affordable waterfront niche commun... 09/11/2015

  Pipers Landing August 2015 Market Report There are currently 24 active listings for sale in Pipers Landing.  List prices for these homes range from $115,000 to $1,500,000 for an average list price of $376,433 which equals $111.11 per sq. ft. of living area. As of this time there are 4 homes under contract which haven’t closed to date.  List prices for these homes ranged from $124,900 to $254,900 for an average of $189,925 which is $58.48 per sq. ft. of living area. In the past 12 months 19 homes have sold in Pipers Landing.  The sales prices ranged from a low of $20,000 up to $825,000.  The average sales price was $363,142 or $80.12 per sq. ft. of living area.  These sold listings averaged 125 days on the market before going under contract and sold at an average of 79% of the list pri... 09/07/2015

Windstone Palm City August 2015 Market ReportAs of August, 2015:There are currently 5 active listings for sale in Windstone.  List prices for these homes range from $549,900 to $890,000 for an average list price of $665,760 which equals $165.73 per sq. ft. of living area.As of this time there are no homes under contract and awaiting sale in Windstone.In the past 12 months 5 homes have sold in Windstone.  The sales prices ranged from $376,000 to $875,000.  The average sales price was $614,200 or $177.92 per sq. ft. of living area.  These sold listings averaged 93 days on the market before going under contract and sold at 96% of the list price.Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2015 Market Report is a... 09/04/2015

Palm City FL 34990 Condo Market Report July 2015 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2015   For July 2015 in the 34990 Zip Code area of Palm City, Florida : There are currently 60 active condo listings. (Up by 9 condos from June) 7 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month) 6 Condos Sold in July. (Down by 2 condos from June) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  It’s good to see a rebound in the inventory, though unfortunately both closed and pending sales were off this month.  Not unexpected as the condo market often slows down during the summer season. The current absorption rate for condos in the 34990 zip code area d... 08/26/2015

Palm City FL 34990 Residential Market Report July 2015  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2015  For July 2015 in the 34990 Zip Code area of Palm City Florida : There are currently 363 active listings (Increased by 5 homes from June)  162 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month) 71 Homes Sold in June (Decreased by 57 sold homes from June) After a very strong June, the Palm City FL 34990 residential real estate market eased a bit for July.  Though still excellent activity and one that is far more sustainable for the future.  Of interest, is the small rise in inventory.  Hopefully this will continue for the coming months.  The current absorption rate jumped up to 5.1 months from 2... 08/25/2015

Four Rivers August 2015 Market Report There are currently 4 homes for sale in Four Rivers in Palm City FL ranging in price from $775,000 to $1,800,000 for an average list price of $1,130,000 or $262.01 per sq. ft. of living area. There are no pending sales in Four Rivers at this time.4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $835,000 to $1,175,000 for an average sales price of $1,030,600 which is $273.18 per sq. ft. of living area.  These homes averaged 300 days on the market before accepting an offer and the sales were on average at 93% of the list price.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 wate... 08/14/2015

Palm Cove Golf and Yacht Club August 2015 Market ReportThere are currently 8 homes actively listed in Palm Cove Yacht and Golf Cub for August 2015 in Palm City, Florida.  List prices range from a low of $185,000 up to the highest which is a waterfront home for $2,375,000.  The average list price is $630,662 which works out to $186.84 per square foot of living area.There is one home under contract awaiting closing.  This home was listed for $729,000 or $173.12 per square foot of living area.In the past 12 months, 25 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $192,500 up to $645,000 for an average sales price of $420.788 or $152.87 per square foot of living area.  These homes were on the market for an average of 87 days prior to going under contract and sales p... 08/13/2015

Danforth in Palm City August 2015 Market Report As of August, 2015: There is currently only 1 active listings for sale in Danforth.  This home is on the market for $399,900 which equals $139.73 per sq. ft. of living area. 6 homes are currently under contract.  The list prices of these pending sales range from $348,900 to  $439,900 with the average being $385,950 which equates to an average price per sq. ft. of living area of $170.21. In the past 12 months 19 homes have sold in Danforth.  The sales prices ranged from $242,000 to $395,000.  The average sales price was $332,505 or $135.64 per sq. ft. of living area.  These sold listings averaged 52 days on the market before going under contract and sold at 95% of the list price. Danforth in Palm City Florida is wonderful family subdivisio... 08/12/2015

Highlands Reserve August 2015 Market UpdateThere are currently 18 homes actively listed in Highlands Reserve for August of 2015 in Palm City, Florida.  Prices range from $359,990 to $869,990.  The average list price is $550,060 which equals $161.22 per square foot of living area.There are 10 homes under contract awaiting closing.  List prices ranged from $354,990 to $719,990.  The average list price is $504,426 at $137.98 per square foot of living area.  None of these homes are short sales or foreclosures.In the past 12 months, 35 homes have sold in Highlands Reserve with an average sales price of $427,627at $139.44 per square foot of living area.  Actual sales prices ranged from $275,000 to $760,000.  These sales averaged 271 days on market and sold at 97% of listed price. Highlands Re... 08/07/2015

Murano Homes July 2015 Housing Market Update Palm City Florida Real Estate There are currently 5 homes on the MLS in Murano with prices ranging from $269,000 to $349,000. This is an average list price of  $306,380 or $125.24 per sq. ft. of living area.  There are currently 4 homes under contract in the MLS.  List prices on these pending homes range from $248,000 to $289,000 for an average list price of $268,350 which equals $145.64 pr sq. ft. of living area.  In the past 12 months 6 homes have sold in Murano with sales prices ranging from $238,000 to $320,000 for an average sales price of $275,000 which is $117.96 per sq. ft. of living area.  The average days on market was 41 and the list to sales price ratio was 97%.. Conveniently located off of martin Downs Blvd and Sunset Trail, Mura... 07/29/2015

Crane Creek in Martin Downs July 2015 Housing Market UpdateIn July of 2015 there are 11 homes actively listed in Crane Creek.  List prices range from $375,000 to $675,000 for an average list price of $549,355 or $148.37 per sq. ft. of living area.There are currently 2 Crane Creek homes are under contract and awaiting settlement, priced from $179,000 to $415,000 or an average list price of $314,333 which is $132.20 per sq. ft. of living area.In the past 12 months there have been 22 sales in Crane Creek with sales prices ranging from $135,000 to $635,000 for an average sales price of $337,324 or $118.83 per sq. ft. of living area. The average days on market was 91 with a 95% list to sales price ratio.The coast of Florida on the eastern side offers many wonderful locations. One of the secr... 07/24/2015

Palm City FL 34990 Condo Market Report June 2015 Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2015   For June 2015 in the 34990 Zip Code area of Palm City, Florida : There are currently 51 active condo listings. (Down by 4 condos from May) 14 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month) 8 Condos Sold in June. (Up by 4 condos from May) The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Fairly positive activity for June of 2015 with improving closed sales and pending sales. The current absorption rate for condos in the 34990 zip code area declined to 6.4 months (was 13.8 months in August).   Sliding in the wrong direction for the Palm City condo ... 07/23/2015

Palm City FL 34990 Residential Market Report June 2015  Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2015  For June 2015 in the 34990 Zip Code area of Palm City Florida : There are currently 358 active listings (Decreased by 3 homes from May)  163 Residential sales are pending and awaiting close or lender approval. (Decreased by 41 homes from last month) 128 Homes Sold in May (Increased by 28 sold homes from May) After a very strong May, the Palm City FL 34990 residential real estate market came in with even more for June.  Unfortunately the inventory has dropped to a point that future pending sales have decreased and I believe the volume of future closed sales will suffer unless we get more homes available on the market.  The current absorption rate dro... 07/22/2015