According to the Multiple Listing Service (MLS) of the Realtor Association of Martin County and Martin County public records, the following home sales activity occurred in Palm Cove Golf & Yacht Club (Cutter Sound) through September 30, 2020.
There are currently nine (9) Active listings in Palm Cove, down three (3) from the previous month. There were nine (9) Active listings in Palm Cove during the same period last year.
There have been eighteen (18) home sales in Palm Cove year to date and there are four (4) more homes under contract. There were fourteen (14) 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: Zero (0) Carriage Hill condos - unchanged
One (1) Links condo - ($310,000) unchanged
Two (2) Island Creek town homes ($335,000 - $399,500) unchanged
Two (2) Fairway homes - ($515,000 - $615,000) down one
Two (2) Estate homes - ($725,000 - $929,000) unchanged
Two (2) Riverfront homes ($1,825,000 - $1,850,000) down one
RENTALS (1)
One (1) Fairway rental - $2500 per month - up one
PENDING (3)
226 SW Palm Cove Dr - 5,393 sq. ft. u/air - list $1,965,000 - New Wave Realty 2519 SW Bridgeview Terr -3,364 sq. ft. u/air - list $685,000 - New Wave Realty 838 SW Palm Cove Dr - 2,216 sq. ft. u/air - list $450,000 958 SW Palm Cove Drive - 2,216 sq. ft. u/air - list $405,000 - New Wave Realty
RENTED (0)
SOLD (2)
832 SW Pebble Ln - 2,871 sq. ft. u/air - list $489,900 - sold $479,000 New Wave Realty 2372 SW Island Creek Tr - 2,118 sq. ft. under air - list $489,900 - sold $489,900 New Wave Realty
Available Slip Certificates
Number Asking Price Survey Length Contact 1 - 1 $45,000 41.1 SLL Jim Tracey 2 - 9 $45,000 40.5 SLL Dr. John Carino
3 - 5 $79,000 54.7 SLL Joe & Leticia Piazza
3 - 8 Any reasonable offer 59.6 FS Steve Delise
4 - 3 $39,500 35.8 SLL Vincent Clark
5 - 6 $45,000 50.3 SLL Ed & Susan Haggan
5-11 $35,000 50.8 SLL Paula & Mark Sweeney
Dear Friends and Neighbors,
The South Florida real estate market remains strong as we enter our busiest season! According to CoreLogic's most recent housing report, rock bottom mortgage rates and strong buyer demand is fueling price increases. In our local market, closed sales for August rose 24.6% year over year. The median sales price was up 15.2% while inventory fell 42.9%. Additionally, we expect a large influx of new residents from around the globe as colder weather forces people indoors.
If you are considering a move, now is a great time for both Buyers because of historically low mortgage rates and Sellers because of high demand and very low inventory.
We are ready and prepared to assist with all of your real estate needs so please give me a call at 772.631.0960. Thank you for your support!
Stay safe and stay healthy!
Sara. |