steeplechase: PALM BEACH GARDENS ESTATE HOME VALUES: SOME UP SOME DOWN - 11/03/11 10:41 AM
As 2011 draws to a close, home values in Palm Beach Gardens' premiere estate community of Steeplechase continue to decline following the county wide pattern where prices of single family homes throughout Palm Beach County hit numbers not seen since spring 2002. Yet, some local estate communities appear to have reached bottom pricing and are beginning to see values increase.
If you are interested in purchasing an estate home in Palm Beach Gardens, this is the time to be seriously looking.
In September 2011 the median price of a single family home in Palm Beach County fell to $180,300, a 57percent … (0 comments)
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steeplechase: PALM BEACH GARDENS ESTATE HOMES AT STEEPLECHASE SELLING WELL AT DISCOUNTED PRICES - 10/25/11 04:33 PM
Homes in Palm Beach Gardens' premiere estate community of Steeplechase are selling well with prices continuing to fall, but at a more moderate pace than in previous years.
By late October 2011 there were 11 homes sold in Steeplechase compared with 10 homes sold for all of 2010. The 11 homes averaged $187 per square foot compared with $200 per square foot for homes sold in 2010, a decline of about seven percent.
In Steeplechase, larger homes usually sell for a higher dollars per square foot amount than do smaller homes. Homes over 4000 square feet averaged $234 per square foot … (0 comments)
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steeplechase: STEEPLECHASE HOME PRICES CONTINUE TO DROP IN 2011 -- GREAT DEALS IN THIS ESTATE COMMUNITY - 06/08/11 11:02 AM
Prices of homes in Palm Beach Gardens premiere estate community of Steeplechase continue to decline in 2011 as savvy buyers purchase homes at fantastic prices in this sought after community.
Through May, 2011 there were six sales in Steeplechase averaging $176 per square foot, a 12 percent decline from prices in 2010. Of the six homes sold, two were short sales and one was a foreclosure, bringing prices to a new low in the community. Of 10 sales in 2010, just two were distressed properties or tear downs. Since the real estate price peak in 2006, prices of homes in Steeplechase … (0 comments)
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steeplechase: PALM BEACH GARDENS DISTRESSED PROPERTIES CONTINUE TO INFLUENCE THE MARKET; HOMES SALES INCREASE AS PRICES FALL - 04/06/11 04:40 PM
Palm Beach Gardens' area homes sales were generally higher in the first quarter of 2011 compared with the first three months of 2010, but prices declined as distressed and lower priced properties continue to have a major impact on the local real estate market.
During the first quarter of 2011 more than 400 homes sold in Palm Beach Gardens with 75 percent of these priced at or below $300,000. A year earlier, about 275 homes sold in the same time period with 63 percent priced at or below $300,000.
Lower priced homes are selling well and as sellers reduce prices, or … (0 comments)
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steeplechase: HOMES ARE SELLING IN PALM BEACH GARDENS PREMIERE ESTATE COMMUNITY OF STEEPLECHASE - 11/16/10 10:35 AM
Homes are selling in Steeplechase, Palm Beach Gardens premiere estate community, as buyers see value in this unique neighborhood.
Through mid-November 2010 10 homes and one building lot sold in Steeplechase compared with just two sales in 2009.
Steeplechase is the only manned gated community in Palm Beach Gardens with all homes built on an acre or more giving residents a spaciousness and privacy for their property. All homes are custom built with no two residences looking alike. There are 324 homes in Steeplechase, and the community is just residential - without community pools, tennis courts or clubhouse.
Most homes in … (0 comments)
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steeplechase: PALM BEACH GARDENS AREA HOMES ARE SELLING WITH LOWER PRICED PROPERTIES DOMINATING - 11/06/10 04:47 PM
Homes are selling in Palm Beach Gardens area communities with the majority of properties changing ownership priced at the lower end of the market.
From January through early November 2010 more than 1,000 homes sold in our area with nearly two thirds of those priced at or below $300,000. This is reflective of buyers today shopping for bargains and willing to sign purchase contract on properties that they consider to be good values. It is also indicative of a large number of short sales and foreclosures finally finding new owners. These properties are often sold below market value.
… (0 comments)
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steeplechase: PALM BEACH GARDENS HOME SALES INCREASING AS PRICES REMAIN STABLE - 08/02/10 06:28 PM
Home sales in Palm Beach Gardens and throughout Palm Beach County increased significantly in June, 2010 while prices remained stable at 2003 levels.
More than 1000 homes sold in Palm Beach County in June, up more than 25 percent from June 2009 and up nearly 20 percent from May 2010.
Prices remained stable in June with the median price of a single family home in Palm Beach County at $232,700, about the same as it was in May and slightly less than March and April prices.
Condo sales also increased significantly while prices in June dipped about five percent. There were … (2 comments)
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steeplechase: PALM BEACH GARDENS HOME PRICES AND MORTGAGE RATES ARE LOW; IT'S TIME TO BUY! - 07/16/10 09:00 AM
Palm Beach Gardens home prices, including executive and country club communities, remain at the lowest level in years. Declining home prices, coupled with mortgage rates in the mid four percent range makes this summer of 2010 a most attractive time to buy a Palm Beach Gardens home.
Sales are brisk in communities where homes have languished on the market as sellers accept prices closer to market level. With prices on most homes about where they were in 2003, there are great values to be found for buyers in this market.
In Ironhorse Country Club by mid-July 2010 there were 13 homes that sold … (0 comments)
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steeplechase: PALM BEACH GARDENS HOME SALES INCREASE WHILE PRICES STABILIZE AT 2003 LEVELS - 06/23/10 10:09 AM
Home sales in Palm Beach Gardens and throughout Palm Beach County increased 17 percent in May, 2010 compared with a year earlier, but were down slightly from April, according to statistics from the Florida Association of Realtors.
At the same time, the price of single family homes appears to have stabilized, slightly lower than April figures, but about the same as 2009 prices and right about at the 2003 price level for single family homes.
It could be the best time in many years to buy a home in Palm Beach County!
There were 887 homes sold in Palm Beach County … (0 comments)
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steeplechase: PALM BEACH GARDENS HOMES FOR SALE REMAIN HIGH AS SAVVY BUYERS FIND BARGAINS THROUGHOUT THE AREA - 05/28/10 04:02 PM
There are about 24,000 homes for sale in Palm Beach Gardens, West Palm Beach and throughout Palm Beach County with nearly two-thirds of them priced at or below $300,000. This provides an unprecedented opportunity for home buyers to acquire the property they have always dreamed about at an affordable price.
Although the number of sales has increased every month this year, hundreds of homes are put on the market every day providing intense competition for sellers.
In April 2010 there were 918 homes sold in Palm Beach County, according to the Florida Association of Realtors. That was an increase of … (0 comments)
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steeplechase: PALM BEACH GARDENS ESTATE HOMES AT STEEPLECHASE ARE MORE AFFORDABLE THAN EVER - 05/19/10 03:19 PM
The Palm Beach Gardens estate community of Steeplechase is providing unprecedented value to buyers in today's real estate market.
In late May, 2010 there were 22 homes on the market in Steeplechase, of which 14 are priced under $1 million. And two of the 22 homes are already under contract.
Steeplechase is still the premiere estate community in Palm Beach Gardens with every home sitting on about an acre of land. In past years, most home in Steeplechase sold near or above $1 million with several going for $2 million to $4 million. But today's downward pressure on home prices is … (1 comments)
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steeplechase: PALM BEACH GARDENS' STEEPLECHASE HOME PRICE REDUCED TO SELL QUICKLY - 12/10/09 11:08 AM
The owners say, "Sell It!" and we've reduced the price below $600,000 for what is just about the best piece of property in Steeplechase, Palm Beach Gardens Premiere Estate Community.
There is a house sitting on this 1.25 acre lot that needs refurbishment or can be torn down to build the home of your dreams. The property is in the northern portion of Steeplechase on the main drive surrounded by homes worth millions. And the lot provides great privacy for your family. It backs onto a canal so there is no nearby back neighbor.
The lot is both wide and deep and would lend itself … (0 comments)
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steeplechase: PALM BEACH GARDENS ESTATE HOME PRICES CONTINUE TO DROP - 12/03/09 05:26 PM
While sales of homes are increasing throughout Palm Beach Gardens and Palm Beach County, prices of higher end estate property continues to languish.
In Steeplechase, just one home has closed so far this year and it was a foreclosure. Two more homes are under contract, but by early December, have not yet closed. And about 19 homes are on the market in Palm Beach Gardens premiere estate community of Steeplechase. Prices are starting to drop as sellers recognize the competition they face in the marketplace.
In San Michele, another of Palm Beach Gardens high end estate communities, just three homes sold … (0 comments)
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steeplechase: SERIOUS PALM BEACH GARDENS HOME BUYERS SHOULD CONSIDER STEEPLECHASE - 11/28/09 04:55 PM
Looking for a great family home nestled among the pines and palms of Palm Beach Gardens with some real space between you and your neighbors?
Come check out Steeplechase, Palm Beach Gardens premiere estate community. Located in the heart of Palm Beach Gardens, Steeplechase is a gated community of large family homes, each sitting on at least an acre of land. The the smallest home in the community is 2500 square feet, but most homes are between 3500 and 5000 square feet.
Nearly every home in Steeplechase has a pool and several properties have tennis courts. Steeplechase is strictly residential with no … (0 comments)
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steeplechase: PALM BEACH GARDENS REAL ESTATE MARKET BOTTOMS, BUT SOME COMMUNITIES STILL STRUGGLING - 09/18/09 09:59 AM
The Palm Beach Gardens housing market appears to have hit a soft bottom during the past few months with some communities faring better than others.
The median price of a single family home in Palm Beach County hovered between $228,000 and $234,000 during the first five months of the year. In June that price jumped to $250,000 and then receded slightly to $245,000 in July. The August sales figures should be available before the end of September giving us a better idea of the overall trend line.
Lower priced properties are seeing the most action as we emerge from the … (0 comments)
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steeplechase: PALM BEACH GARDENS ESTATE HOMES SEE FEW SALES, MANY REMAIN ON MARKET - 09/02/09 10:10 AM
Palm Beach Gardens estate communities are showing few sales in the past two years with homes staying on the market for months and in some cases, more than a year.
Long sought after communities such as Steeplechase and San Michele, boasting large executive homes priced upward of $1 million, have each had just one sale this year. The Steeplechase sale was a foreclosure and the San Michele sale was well below market value.
In Steeplechase there is one additional home under contract that is a short sale.
In San Michele, there are two additional homes under contract, one short sale and one conventional … (0 comments)
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steeplechase: FABULUOUS LOT FOR SALE IN PALM BEACH GARDENS' STEEPLECHASE - 08/03/09 09:31 AM
If you have been eyeing the homes in Steeplechase, Palm Beach Gardens premiere estate community, but haven't found the right one at the right price, perhaps you are ready to buy a lot and build your dream house.
Located in the heart of Palm Beach Gardens, all Steeplechase homes sit on about an acre of land providing enough room to build a large home and have room for a pool, tennis court, garden and a feeling of space. The community has two manned gates and a roving patrol. It is convenient to major roadways, shopping, restaurants and just 15 minutes from … (0 comments)
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steeplechase: PALM BEACH GARDENS AREA SALES INCREASE AS PRICES SEEK A BOTTOM POINT - 07/08/09 02:11 PM
Sales of homes in Palm Beach Gardens and throughout Palm Beach County are increasing as prices continue to decline, according to the most recent home sale statistics released by the Florida Association of Realtors.
More than 700 single family homes sold in May, 2009 throughout the county, an increase of about eight percent over the number of homes closed in April and a five percent increase over May of 2008.
But home prices continue to fluctuate and may not yet have reached a bottom from which to begin rising. The median Palm Beach County single family home price for May was $232,000, the … (0 comments)
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steeplechase: PALM BEACH GARDENS HOMES: WHAT'S SELLING, WHAT'S NOT, WHERE ARE THE BARGAINS? - 05/19/09 09:15 AM
Homes in the Palm Beach Gardens area are selling!
Foreclosures, short sales, job relocations, and desperate sellers continue to drive down home prices in most communities throughout the area. And these provide outstanding opportunities for savvy buyers.
Last year home prices declined 34 percent so that the median home today is selling for about what it sold for in March 2003. The significant appreciation that occurred from 2004 through early 2006 is largely gone.
But what's selling, what's not and where are the bargains?
Sales are best in communities where there are large numbers of short sales and foreclosures providing unique opportunities … (0 comments)
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steeplechase: PALM BEACH GARDENS HOME PRICES CONTINUE TO FALL AS SALES INCREASE - 03/01/09 09:18 AM
Savvy buyers are making very good deals on homes in Palm Beach Gardens, West Palm Beach, Jupiter, Juno Beach and throughout Palm Beach County as homes prices fall for yet another month.
There were 408 single family homes sold in Palm Beach County in January, 2009 compared with 369 sold in January 2008, a nine percent increase. Yet prices continue tracking downward. The median single family home price in January was $232,100, compared with $246,000 for the median price in December, 2008, a six percent decline.
The condo market felt significant gains in number of sale jumping 24 percent in January … (1 comments)
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