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Palm Cove Home Sales Report - April 2022

5/4/2022

 




Palm Cove Golf & Yacht Club

Home Sales Report for April 2022

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 for the month ending April 2022.

There is currently one (1) Active listing in Palm Cove, unchanged from the previous month.  There were two (2) Active listings in Palm Cove during the same period last year.

There have been five (5) home sales in Palm Cove year to date compared to fourteen (14) the previous year.  There are three (3) homes pending as compared to two (2) homes pending in Palm Cove for the same period last year.  

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

SUMMARY

Zero (0) Carriage Hill condos - unchanged

Zero (0) Links condos - unchanged

One (1) Island Creek townhome  - up one

Zero (0) F
airway homes - unchanged

Zero (0) Estate homes - down on

Zero (0) Riverfront homes - unchanged

ACTIVE (1)

2390 SW Island Creek Tr - 2,750 sq. ft. u/air - list $679,900 - New Wave Realty

PENDING (3)

263 SW Hatteras Ct - 3,651 sq. ft. under air - $1,295,000
1999 SW Balata Terr - 4,809 sq. ft. u/air - list $1,349,000 & $75,000 for slip - New Wave Realty
2079 SW Balata Terr - 4,981 sq. ft. u/air - list $1,395,000

RENTED (0)


SOLD (2)

700 SW Pebble Lane - 2,492 sq. ft. u/air - list $740,000 - sold $815,000 New Wave Buyer &  Seller
2414 SW Island Creek Trail - 2,050 sq. ft. under air - list $515,000 - sold $515,000


 Available Slip Certificates (3)

          Number      Asking Price       Survey Length      Contact

          3-10               $80,000              54.2 FS                 Monty Solazzi 772.219.3636

           4-2                  $55,000 OBO    35.8 SLL               Madiline Scarletta

           5-8                  $69,900              50.6 SLL               Ed Simpson

                       
There were two (2) available boat slips during the same period last year. 
 

Martin County Single Family Home Stats for March 2022

Closed Home Sales - 200 up from 166 last month and down 32.7% from 297 last year.

Cash Sales - 105 up from 57 last month and down 27.1% from 144 last year. 

Median Sale Price - $555,000 up slightly from $552,500 the previous month and up 13.5% from $489,000 the previous year.   

Average Sale Price - $764,243 down from $1,012,925 last month and down 9.4% from $843,207 last year.       

Average Days On Market - 9 down from 11 days last month and down 57.1% from 21 days last year.

Active Listings - 223 up from 178 last month, and down 34.4% from 340 active listings last year.




Dear Friends and Neighbors,

I know that selling your home is a big decision and trusting someone to help you with that process is not an easy task.  At New Wave Realty, we have a proven track record of listing and selling homes within Palm Cove for more than a decade, resulting in over 175 transactions.

Our success didn't come quickly or easily.  It takes experience and hard work to navigate the challenges of different real estate markets.  We have developed a strategic plan to market and sell your home for the highest price in the shortest period.  Here is what you can expect from us when listing and selling your home:

Private consultation with market analysis

Custom designed marketing plan

Assistance with preparation and staging

Professional photos, videos and drone photography

Print and on-line advertising campaign to include social media

Accompany showings

Negotiate offers

Attend inspection and appraisals

Facilitate the HOA application, final walk through and closing


Our last three listings in Palm Cove have resulted in multiple offers.  I am still working with highly qualified cash Buyers who have missed out on recent sales and want to purchase in Palm Cove.

Even though it is hard to predict when the best time to sell will be, one thing we know for sure is that it is a really good time!  If you are thinking of making a move or would like to know what your home could sell for, please call me at 772.631.0960 to discuss.

Thank you so much for all of your support over the years! 

Happy Mother's Day from the Crombies.

 



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