Danforth in Palm City August 2015 Market Report

As of August, 2015:

There is currently only 1 active listings for sale in Danforth.  This home is on the market for $399,900 which equals $139.73 per sq. ft. of living area.

6 homes are currently under contract.  The list prices of these pending sales range from $348,900 to  $439,900 with the average being $385,950 which equates to an average price per sq. ft. of living area of $170.21.

In the past 12 months 19 homes have sold in Danforth.  The sales prices ranged from $242,000 to $395,000.  The average sales price was $332,505 or $135.64 per sq. ft. of living area.  These sold listings averaged 52 days on the market before going under contract and sold at 95% of the list price.

Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth features low HOA fees of $328.00 per quarter (as of July 2015).  Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001.  This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes.  Here is the Danforth Home Owners Association web site.  Danforth just added an remote code controlled entry gate system in 2014.

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