Palm Beach Gardens Real Estate Market Reports - PGA National 1st Quarter 2008

Now that we've gone over the most recent activity in BallenIsles, let's take a look at PGA National.

Palm Beach Gardens is a golfer's dream - and PGA National is one the best choices you can make.

There are 4 courses on the property and one just a few miles west on Northlake boulevard. In addition to the # of courses, PGA National has the distinction of not only having the most reasonably priced Club Memberships in the area but having the only 100% refundable Memberships! It is also the last of the major golf / country clubs in the area that does not require Membership if you want to live there.

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Due to the number of sales in both years, I won't be putting up tables with each individual transaction - numbers aren't exactly exciting, a page full of them is even worse!

Here's the breakdown:

For January, February and March of 2007-

Price Range (list)	# Sold	Average Days on Market	Average List Price	Average Sale Price
0 to $250,000	9	134	227,744	212,833
$251k to $500k	27	163	356,804	321,783
$501k to $750k	3	189	595,967	569,167
$751k to $1million	1	396	800,000	750,000
$1 million +	1	214	1,295,000	1,050,000

That's a total of 42 closed sales.

And 2008 -

Price Range (list)	# Sold	Average Days on Market	Average List Price	Average Sale Price
0 to $250,000	10	229	210,490	191,600
$251k to $500k	20	213	373,170	336,350
$501k to $750k	2	314	604,950	547,500
$751k to $1 million	0	0	0	0
$1 million +	0	0	0	0

For a total of 32 closed sales in the 1st quarter of 2008.

All of that information comes from my local MLS and consists of ONLY closed sales - notinng 'pending' or 'contingent' is included. Until that ink dries on closing day, it really doesn't count.

Currently there are 282 properties listed for sale in PGA National ranging from condos starting at $83,500 all the way to estate homes that top off at $4,750,000.

To see any of the current listings or to put your Palm Beach Gardens real estate up for sale, just call me at 561-282-7406.

http://www.palmbeachrealestateandloans.com/002C4C