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PALM BEACH GARDENS IRONHORSE COUNTRY CLUB SEES HOME PRICES DECLINE 10 PERCENT DURING 2008; COMMUNITY HOLDING ITS VALUE BETTER THAN MOST!

By
Real Estate Agent with Keller Williams Realty of the Palm Beaches

Home prices in Palm Beach Gardens' Ironhorse Country Club declined about 10 percent in 2008 compared with 2007 sales, reflecting the community holding its value better than many others throughout Palm Beach County.

The average dollars per square foot for homes sold in Ironhorse during 2008 was $172 compared with $191 per square foot in 2007 and $226 per square foot in 2006.

The decline in Ironhorse home prices is less than the median decline in prices throughout Palm Beach County.   In November 2008, the median price for a single family home in Palm Beach County was $247,400, fully 28 percent lower than the median price in January, 2008.

Ironhorse is a small intimate country club community located south on Jog Road from The Beeline, convenient to major shopping areas, restaurants and highways.  It is a full amenity country club with active golf and tennis programs, a fitness center, swimming pool, clubhouse, restaurant and social activities.  There are just 325 homes in the community, many surrounding the championship Arthur Hills golf course, or abutting the Loxahatchee Nature Preserve. In early January, 2009 there were 26 homes on the market in Ironhorse.

The Weiss-Clawson Team actively represents both buyers and sellers of Ironhorse homes, participating in 70 percent of the transactions that occurred in 2008.  The team includes a resident expert in Ironhorse.

If you are interested in Ironhorse Country Club, or in any other community in Palm Beach County, The Weiss-Clawson Team would like to represent you.  Please contact The Weiss-Clawson Team directly for a consultation about your real estate interests.

We look forward to hearing from you and to working with you.