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Palm Cove Homes Sales Report for 2021

1/12/2022






Palm Cove Golf & Yacht Club

Home Sales Report for 2021

Compliments of Sara Crombie - New Wave Realty


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) for the 12 months ending December 31, 2021. 

There are currently no Active listings in Palm Cove down one from the previous month.  There were four (4) Active listings in Palm Cove during the same period last year.

There have been twenty-six (26) home sales in Palm Cove year to date.  There are zero (0) rentals, and two (2) homes pending after just a few days on the market!  There were twenty nine (29) closed home sales in Palm Cove in 2020.  

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

ACTIVE (0)

Zero (0) Carriage Hill condos - unchanged

Zero (0) Links condos - unchanged

Zero (0) Island Creek townhomes - unchanged

Zero (0) F
airway homes - down one 

Zero (0) Estate homes - unchanged

Zero (0) Riverfront homes - unchanged

PENDING (2)

819 SW Pebble Lane - 2,208 sq. ft. under air - list $565,000
1999 SW Balata Terr - 4,809 sq. ft. under air - list $1,349,000 without slip.

RENTED (0)


SOLD (0)

 Available Slip Certificates (3)

          Number      Asking Price       Survey Length      Contact

          3-1                 $79,500              57.8 SLL                Greg & Anne Sosnow

          3-6                 $75,000             54.7 FS                   Jim & Nancy Herold

           5-8                 $69,900               50.6 SLL               Ed Simpson

                         
There were five (5) available boat slips during the same period last year.   

PALM COVE SALES IN 2021

January 2021

747 SW Pebble Ln - 3,065 sq. ft. u/air - list $475,000 -
sold $475,000 -
New Wave
Buyer & Seller
2408 SW Island Creek Trail - 2,750 sq. ft. u/air - rental $3,000 per mo - New Wave Buyer & Seller

February 2021

2352 SW Island Cr Tr - 2,037 sq. ft. u/a
list $335,000 - sale $335,000 - New Wave Realty Seller

2354 SW Island Cr Tr - 2,050 sq. ft.
u/a  list $349,000 - sale $344,000 - New Wave Buyer & Seller

2356 SW Island Cr Tr - 2,750 sq. ft.
u/a  list $399,500 - sale $397,000 - New Wave Buyer & Seller

2382 SW Island Cr Tr - 2,037 sq. ft.
u/a  list $385,000 - sale $390,000 - New Wave Buyer & Seller

2404 SW Island Cr Tr - 2,050 sq. ft.
u/a  list $425,000 - sale $410,000 - New Wave Buyer & Seller
880 SW Pebble Ln - 3,310 sq. ft. u/a - list $569,000 - sale $555,000 - New Wave Seller
2408 SW Island Cr Tr - 2,750 sq. ft. u/a
list $3,000 mo - rented -
New
Wave Buyer & Seller

March
2021

178 SW Palm Cove Dr - 5,881 sq. ft. - list $1,970,000
- sold $2,070,000 w/slip - New
Wave Seller

694 SW Palm Cove Dr - 3,041 sq. ft. under air - list $575,000 - sold
$560,000
2384 SW Island Cr Tr - 2,750 sq. ft. under air - list $479,000 - sold
$432,000
2406 SW Island Cr Tr - 2,750 sq. ft. under air - list $489,000 - sold
$480,000 - New Wave Seller

April
2021

2382 SW Island Creek Tr - 2,037 sq. ft. under air -
list $421,900 - sale $410,000
718 SW Palm Cove Dr - 2,275 sq. ft. u/a - list $525,000 - sale $525,000 -
New Wave Buyer

May
2021

2352 SW Island Cr - 2,037 sq. ft. u/a - list
$359,000 - sold $350,000
2416 SW Island Cr - 2,037 sq. ft. u/a - list $459,900 - sold $490,000/slip
$35k - New Wave Seller

166 SW Palm Cove Dr - 4,535 sq. ft. under air -
list $1,899,000 - sold $1,899,000

June
2021

142 SW Palm Cove Dr – 3,631 sw. ft. u/a - $1,600,000 – sold
$1,415,000 
 

July
2021

826 SW Palm Cove Dr - 2,171 sq. ft. u/a - $515,000 – sold
$510,000 - New Wave Buyer

910 SW Palm Cove Dr - 2,692 sq. ft. u/a -
$625,000 – sold $625,000 - New
Wave Seller

August
2021

2422 SW Island Creek Tr - 2,037 sq. ft. u/a -
$460,000 – sold $450,000
307 SW Harbor View Dr - 4,936 sq. ft. u/a -
$1,259,900 – sold $1,200,000 -
New Wave Both Sides

September
2021

2371 SW Carriage Hill #201 - 2,184 sq. ft. u/a - $335,000 -
sold $335,000 - New Wave Both Sides

2381 SW Carriage Hill #101 - 2,284 sq. ft. u/a -
$349,900 - sold $345,000 - New
Wave Both Sides

2388 SW Island Creek Trail - 2,750 sq. ft. u/a -
$519,000 - sold $495,000

October
2021

759 SW Pebble Lane - 2,289 sq. ft. u/a - $500,000 – sold
$500,000 New Wave Buyer
& Seller

November
2021 - No Sales

December
2021 - No Sales

 

Single Family Home Stats for Martin County
November 2021

Closed home sales down 19.5% to 194 from 241 last Nov. and 210 last month.

Median sale price is up 28% to $549,500 from $429,390 last Nov.  and $495,000 last month.

Average sale price is up 10% to $709,734 from $645,229 last Nov. and $713,767 last month.

Median days to contract down 60% to 12 days from 30 days last Nov. and 15 days last month.

Active Inventory -53.6% to 231 from 498 last Nov. and 151 last month.


 South Florida Market Reports

Mortgage Rates for the Week


Dear Friends and Neighbors,

Buckle up for another big year!  Industry experts are saying that 'the Spring homebuying season should be very robust.  Although it may not match up to last year's intense multiple offers, it should be one of the best in the past 20 years!'  

Every day we are receiving calls from qualified Buyers who want to live in Palm Cove.  We have a waiting list at every price point.  If you are wondering what your home is now worth to Buyers, please give me a call.  I'm happy to provide you with a confidential market analysis.  Whether buying or selling, it is important to choose a Realtor who has the experience and negotiating skills to help you compete in this market and New Wave Realty has those skills!  
 

Thank you for your business, referrals and trust over the past 11 years.  Last year was New Wave Realty's best year yet and I'm looking forward to breaking many more records with you in 2022!    

Wishing you and your loved ones everything you desire in the New Year!




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