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Palm Cove Home Sales Report - May 2019

6/5/2019



Palm Cove Golf & Yacht Club

Home Sales Report for May 2019

Click the link at the bottom left corner of this email for a detailed report


According to the Multiple Listing Service (MLS) of the Realtor Association of Martin County, the following home sales activity occurred in Palm Cove Golf & Yacht Club (Cutter Sound) through June 5
 , 2019.


There are currently ten (10) Active listings in Palm Cove, down three (3) from the previous month.  There were ten (10) Active listings in Palm Cove during the same period last year.

There was one (1) home sale in May of 2019.   Year to date there have been seven (7) closed home sales in Palm Cove.   There were five (5) closed home sales during the same period last year.

Listed below is a breakdown of properties by type, the number for sale, and list prices.

The current ACTIVE listings are as follows: 

One (1) Carriage Hill condos - ($254,900) - unchanged

One (1) Links condos - (299,000) - up one

Three (3) Island Creek town homes ($335,000 - $499,000) - unchanged

Zero (0) F
airway homes - unchanged

Five (5) Estate homes ($799,000 - $1,150,000) - unchanged

Zero (0) Riverfront homes - down two 

RENTALS (0)

PENDING (4)

94 SW Island Creek Trail - 5,300 sq. ft. u/a - $2,000,000 w/60ft slip - New Wave Realty
45 SW Palm Cove Drive - 3,651 sq. ft. u/a - $779,000 - New Wave Realty
2430 SW Island Creek Trail - 2,750 sq. ft. under air - $479,000
2352 SW Island Creek Trail - 2,037 sq. ft. under air - $350,000 - New Wave Realty


SOLD (1)

264 SW Hatteras Court - 2,964 sq. ft. under air - $655,000 - sale $630,000

 
Available Slip Certificates

          Number      Asking Price            Survey Length        Contact

1-8                 $35,000                     41.3 FS                   Mark & Gayles Provenzo

           2-9                $45,000                     40.5 SLL                Dr. John Carino

           
3-5                $65,000                      54.7 SLL                Joe & Leticia Piazza

4-18              $25,000                      49.8 SLL                John & Pat Mcluskey

5-4                $40,000                      50 SLL                   Arya & Ram Santosh                             
           
5-6               $45,000                      50.3 SLL                Edward Susan Haggan

6-2               $15,000                      44.7 SLL (11.5 beam)   Robin Evans



Click the links below for current market data

Monthly Mortgage Markets

Monthly Housing Minute

Wrap up

I'm pleased to say that home sales within Palm Cove and all around the Treasure Coast have been very strong for New Wave Realty over the past few months.  Experts say that the recent dip in mortgage rates combined with strong job growth and an increase in consumer confidence are contributing factors.   While no one can predict the future, we believe that the market will remain strong well into the second quarter of 2019.   It's a Seller's market!

As a Realtor, I recognize that your needs change and a home that was a good fit for your family a few years ago may not be working as well for you today.  Kids grow up.  Careers change.  You may need more or less space, or want to be closer to activities you enjoy. 

If your home is no longer meeting your needs, call me and I will stop by for a few minutes to discuss your options.  Think of it as your Annual Home Owners Check-up.

Finally, I would like to let you know how much I appreciate your business.  Thank you and keep cool!  xxoo

 



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