Carol Clawson Real Estate Blog

The Palm Beach Gardens community of Evergrene has a variety of single family, town homes and condos at a range of prices to suit most budgets.

Located in the heart of Palm Beach Gardens, bordered by Military Trail on the West, Alt A1A on the east, Hood Road on the south and Donald Ross Road on the north, Evergrene is a large gated community in a fabulous location.  The community is home to singles, young couples, families with children, empty nesters and retirees, all drawn by the beauty of the surrounding area, friendliness of residents, affordability of the homes and location within minutes to shopping, restaurants, schools, recreational facilities and the beach.

The community boasts an active clubhouse with a fitness center, large pool, beach

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Eastpointe Country Club in Palm Beach Gardens features affordable resort style living in a beautiful environment.  As one of the certified Audubon Society communities in Palm Beach Gardens, Eastpointe features two separate country clubs each with wonderful golf, tennis and recreational facilities.

Home prices at Eastpointe are generally well below other similar communities in Palm Beach Gardens.  The median price of the 74 homes closed in 2014 was $226,500.  This included the sale of 15 two bedroom condos with a median price of $77,000.  The median price of single family homes sold in 2014 was $270,630.

Most homes were built in the 1980's though many residents have updated kitchens, bathrooms, flooring and installed new roofs.  Some homes have

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There are more than 50 homes on the market in Jupiter's Admiral's Cove, one of the area upscale communities.

Admirals Cove has villas, townhomes, condos, and single family homes, many built with docks in the backyard for housing ocean ready vessels.  In addition to homes with docks, there is a marina at Admirals Cove where residents may dock their boats.

The community has 54 holes of golf in two locations and recently completed upgrades to its club facilities.

The median price for Admirals Cove homes on the market in late March 2015 was $1,750,000 and was a large, 4544 square foot residence.  But there was also a small two bedroom, two bath condo on the market in Admirals Cove for $469,000 at the bottom end of the market and a new six bedroom

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Home sales in Jupiter increased more than 20 percent in February 2015 over January while prices moderated.

It remains a positive time for both buyers to be looking for a new home and for sellers interested in moving to place their home on the market.  While prices in some communities are generally stronger than in other communities the overall picture for the local real estate market is quite positive.  Buyers are able to purchase a new home at a reasonable price and sellers can usually make a a profit on their home.

There were 154 homes sold in Jupiter at a median price of $312,250 in February, up from 119 homes sold in January with a median price of $300,000.  The median price reflects half of the homes selling at a higher price and half selling

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Buyers and sellers in Palm Beach Gardens are finding the housing market ripe for sales.  

Prices are up about 13 percent from a year ago and 11 percent between January 2015 and February 2015 sales.

At the same time, the number of sales have stabilized -- 110 in February and 107 in January -- and inventory is up slightly -- 848 homes on the market in February compared with 826 on the market in January.

As the 2015 tourist season winds down at the end of March, there were 719 homes on the market in Palm Beach Gardens, 315 of them priced at $400,000 or less and even 164 homes priced at or below $250,000.

So both buyers and sellers have good reason to be in the market now.  

Looking ahead we are expecting prices to stabilize, especially if

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Home prices in Steeplechase have increased dramatically as a larger percentage of sales in the community were bigger, newer and pricier properties. 

The overall increase in Steeplechase home prices was 25 percent for the first eight months of 2014 compared with the same period in 2013.  The average price of all Steeplechase homes sold was $215 per square foot in the period January through August 2014 compared with $162 per square foot for the first eight months of 2013. 

Fewer homes have sold since January 2014 compared with the same period last year.  Just eight homes have changed hands this year compared with 12 homes selling in the same time period of 2013. 

The most dramatic change came in the price of homes over 4000 square feet.  There were

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The housing market in Palm Beach Gardens and throughout Palm Beach County remains strong and vibrant, providing good opportunities for both buyers and sellers. 

Home prices are increasing throughout the area, sufficient for sellers to feel comfortable in putting their property on the market.  And buyers can still get deals that are reasonable, affordable and will appreciate nicely in the coming years. 

The market is more normal now than it has been in over than a decade, with ridiculous prices increases during the five boom years and precipitous price declines during the six year real estate bust.  We are now in our third year of a recovering market and prices, while increasing at a reasonable rate, are still quite affordable for most homebuyers. 

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The average price of all Ironhorse homes sold during the first eight months of 2014 increased 16 percent compared with sales during the same period in 2013.  And the number of sales, while not as high as in 2013, remain brisk. 

A total of 22 homes in Ironhorse sold between January and the end of August averaging $174 per square foot.  For the same period in 2013 there were 27 homes sold and they averaged $146 per square foot.  There was one foreclosure sold in each year. 

Both estate homes and non estate homes gained in value in 2014 from 2013 with estate homes increasing 11 percent, going from an average of $162/SF during the first eight months of 2013 to $187/SF through August of this year.  The highest priced estate home, 7965 Fairway Lane, sold

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Homes sales in Ironhorse Country Club remained brisk during the first four months of 2014 slightly surpassing record sales of 2013.  Ten homes closed from January through April.  During all of 2013 a total of 36 homes in Ironhorse changes hands.

 The Weiss-Clawson team represented buyers, sellers or both in 40 percent of the 2014 transactions and 44 percent of buyers, sellers or both in the 2013 transactions.

And prices continue to rise throughout the community.  Overall, prices are up 14 percent in Ironhorse going from $146 per square foot in 2013 to $170/ SF for the 10 homes sold in the first four months of 2014.  Estate home prices rose 17 percent for the period compared with 2013 sales going from an average of $164 per square foot to $198/SF. 

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Just four homes have sold in Steeplechase, Palm Beach Gardens premiere estate community,  during the first four months of 2014 compared with a total of 19 homes closing during all of 2013.  The slower pace of sales seems to reflect the fact that most of the lower priced homes available for purchase in the community have already been sold.  

In early May 2014 only four of 15 homes on the market were priced under $1 million. 

 These include a five bedroom home on Whirlaway at $549,000, a four bedroom home on Desert Vixen for $599,000 and two four bedroom homes on Steeplechase Drive, one at $649,000 and one at $849,900.  Each of these has fewer than 4000 square feet under air.  The home on Whirlaway also has a one bedroom detached cottage.  

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