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Palm Cove Home Sales Report for March 2021

4/5/2021

 



Palm Cove Golf & Yacht Club

Home Sales Report for April 2021

Compliments of Sara Crombie - New Wave Realty

IF YOU ARE THINKING OF SELLING YOUR HOME - PLEASE GIVE ME A CALL
 WE HAVE A LIST OF QUALIFIED BUYERS INTERESTED IN PALM COVE!


According to the Multiple Listing Service (MLS) of the Realtor Association of Martin County and Martin County's public records, the following home sales activity occurred in Palm Cove Golf & Yacht Club (Cutter Sound) through April 5, 2021. 

There are no Active listings in Palm Cove for the second month in a row!  There were ten (10) Active listings in Palm Cove during the same period last year.

There have been eleven (11) home sales in Palm Cove year to date and one (1) rental.  There are three (3) more homes pending sale. There were five (5) home sales during the first three months of 2020 with four more (4) pending sale.

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

Zero (0) Carriage Hill condos - down one

Zero (0) Links condos - unchanged

Zero (0) Island Creek townhome - unchanged

Zero (0) F
airway homes - unchaged

Zero (0) Estate homes - unchanged

Zero (0) Riverfront homes - unchanged

RENTALS (0)

PENDING (3)

166 SW Palm Cove Drive - 4,535 sq. ft. under air - $1,899,000
718 SW Palm Cove Drive - 2,275 sq. ft. under air - $525,000 - New Wave Realty
2382 SW Island Creek Trail - 2,037 sq. ft. under air - $421,900
 
SOLD or RENTED  (4)

178 SW Palm Cove Drive - 5,881 sq. ft. u/a - list $1,970,000 - sold $2,070,000 w/slip - New Wave
694 SW Palm Cove Drive - 3,041 sq. ft. under air - list $575,000 - sold $560,000
2384 SW Island Creek Trail - 2,750 sq. ft. under air - list $479,000 - sold $432,000

2406 SW Island Creek Trail - 2,750 sq. ft. under air - list $489,000 - sold $480,000 New Wave


















































































Available Slip Certificates

          Number      Asking Price            Survey Length        Contact

         
2-18            $45,000                        50.9 FS               Robert & Kim Coffey

4-18            $35,000 w/lift             49.8 SLL             Jorge & Melissa Gonzales         

                                        

Stats for Single Family Homes in Martin County
February 2021 compared to February 2020

Closed home sales up 21.8%
Sales paid in cash up 11.3%
Average sale price up 14.4% from $628,941 to $719,276
Median time to contract is down 33.3% or 34 days
New pending sales are up 21.1%
Pending inventory is up 50.9%
Current inventory down 62.1%


For the second month in a row, there are no active listings in Palm Cove, and inventory across the Treasure Coast is down another 4.5% as compared to last month.    

If you have been waiting for the right time to sell, it's NOW!  There are fewer homes on the market than there have been in over a decade.  If you are thinking of taking advantage of this strong Seller's market, please let me know.  I am working with many qualified Buyers who are waiting to purchase a home in Palm Cove.    

If you are wondering where you will go if your home sells quickly, don't worry, we can structure your sale in a way that gives you sufficient time to find a beautiful new home.  

Please remember, I'm not just a realtor, I'm your neighbor and I know the real value of what our neighborhood offers.  I'd love to offer my many years of experience and resources to you.  Please call me for a free home valuation at 772.631.0960.

Thank you so much to all of my very loyal friends and neighbors for your business and referrals over the years.  I am extremely grateful.  Wishing you and your families a very happy and healthy spring!  

Sara



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