Home sales at Palm Beach Gardens Frenchmans Reserve Country Club have increased substantially in the first part of 2011 while prices stablized.
Through mid-June, 2011 there were 17 single family homes sold in Frenchmans Reserve compared with 18 homes sold through all of 2010. And prices have even inched up a bit, going from $231 per square foot to $238 per square foot.
Frenchmans Reserve is a small upscale country club community with a dynamite location in Palm Beach Garden, just minutes from The Gardens Mall, Downtown at the Gardens and Legacy Place. There are 392 single family homes plus 56 coach homes, many surrounding an Arnold Palmer designed golf course or backing on to private preserve area.
The single family homes range in size from 3400 square feet to 7500 square feet (air conditioned) and selling for as low as the mid $800,000's to over $5 million. The coach homes have 2400 square feet to 2950 square feet (air conditioned) and are reselling in the $300,000's and $400,000's. In mid-June, 2011 there were 49 homes on the market in Frenchmans Reserve including seven short sales.
The Weiss-Clawson Team researches communities in Palm Beach Gardens and throughout Palm Beach County to bring the most up to date information to our clients. If you are interested in buying or selling a home in Palm Beach County, we would like to help you. Please contact The Weiss-Clawson Team directly. We look forward to hearing from you and to working with you.