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) Fairway 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 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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