Quail Meadow September 2016 Market Report
There is only one townhome currently available for purchase in Quail Meadow in the Martin Downs community of Palm City FL. This homes is available for $194,900 which is $117.84 per sq. ft. of living area.
There are 4 homes under contract. List prices range from $169,900 up to $228,500 for an average list price of $187,025 or $120.25 per sq. ft. of living area. These homes averaged 34 days on the market before going under contract.
In the past 12 months, 7 homes have sold. Sales prices were from $127,500 up to $185,000 for an average sales price of $156,000 which works out to $108.05 per sq. ft. of living area. These townhomes averaged 93 days on market before going under contract and sold for an average of 95% of the last list price.
About Quail Meadow in Martin Downs
Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas in 14 buildings with 6 attached units in each building. Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club. Many of these homes enjoy beautiful lake and golf course views.
All of these homes have a 1 car garage and some are single story villas while others are two story style townhouses. Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.
The HOA fee is $308 per month and this includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance. This is a pet friendly community allowing up to two medium sized pets per unit. Rentals are also permitted with some restrictions as to frequency and duration.
Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex. Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices and medical facilities.
Click here to see if any Quail Meadow homes are available for sale
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