Weiss Clawson's Blog: Steeplechase

Home prices in Palm Beach Gardens and throughout Palm Beach County, have declined about 23 percent since the highest price point was achieved in 2005.  At that time, the median price of a single family home in Palm Beach County was $421,500.  Today that figure is $323,300.  The median price reflects half the homes selling above and half selling below the stated number.

If there is a bright spot in this news, it is the fact that from January 2008 through August 2008, sales prices declined just 6 percent.  And there were some months where prices increased, but the increases were not able to sustain. Prices have been up and down throughout the year. We hope that this indicates prices may be bottoming, but we need to look at sales during the next four to six…

Have you been out looking for your dream house in Palm Beach Gardens, but can't find exactly what you want?

Maybe it's time to consider building a home in Palm Beach Gardens Premiere Estate Community of Steeplechase.

This unique community has just 324 homes, each sitting on an acre or more of prime, in-town land.  Located on Northlake Boulevard, west of Military Trail and east of the Turnpike, Steeplechase is convenient to all shopping, including the Gardens Mall, major roadways, superb restaurants and just about 15 minutes to north Palm Beach County's best beaches.  It is a neighborhood of  estate homes, no community clubhouse, tennis courts swimming pools or golf courses so privacy abounds. 

Homes generally range in price from the mid $600,000 for…

Figures  just released by the Florida Association of Realtors show the number of single family homes sold in Palm Beach County is increasing significantly as prices continue to decline.

More homes were sold in March , 2008 than in February, 2008  by about 30 percent.  The numbers show 572  single family homes sold in March in Palm Beach County compared with just 401 homes sold in February.  And prices continue to decline.  The average sale price for a single family home in Palm Beach County in March was $320,200 compared with $344,600 in February, a drop of about 7 percent.

This numbers mirror research The Weiss-Clawson Team completed earlier this month in some of the communities we follow closely.  Steeplechase, Palm Beach Gardens premiere estate…

Homes sales are increasing slightly during the first quarter of 2008 in Palm Beach Gardens premiere estate community of Steeplechase.  Four homes sold during the first three months of the year, putting sales at an expected level of 16 for Steeplechase this year.  This would be slightly higher than the 10 homes sold in Steeplechase during 2007.

Prices in Steeplechase continue to drop. 

The four homes sold in Steeplechase averaged $273 per square foot, down from $297 in 2007, a decline of about 7%.  There were no foreclosed or “short sales” in Steeplechase during the first quarter of 2008. These lower than market value sales tend to significantly decrease property values in a community.

There are a moderate number of Steeplechase homes on the…

With the Florida season approaching it is a great time to come on down early -- before the crowds arrive -- and make a deal on that vacation home you have been dreaming about!

Think about Palm Beach Gardens, home to a myriad of private and public golf courses, West Palm Beach with CityPlace shopping, entertainment and restaurants, North Palm Beach, haven for boating, Juno Beach, one of the prettiest ocean front areas in south Florida, or Jupiter, with enclaves of family homes.

There are many wonderful homes on the market today from small hide-a-way condos in retirement villages to large golf course mansions or that cute high rise on the beach. And prices have never been better.  Homes throughout the area have been reduced in price over the high water…

Interested in buying a home in Palm Beach Gardens' Steeplechase, the area's premiere estate community?

It might be a good time to begin that home search right now!

Home prices throughout the area have declined -- some as much as 25 percent  for the first six months of 2007 compared with the first six months of 2006.  But prices in Steeplechase are down just 6 percent from January through June 2007 indicating a firmer market in the community. 

It may mean that prices in Steeplechase are reaching bottom.

In 2006 there were eight homes sold during the first six months ranging in size from 3250 square feet under air to 6752 square feet under air and ranging in price from $850,000 to $3,495,000.  The all important criteria used in comparing the price of …

Come to Palm Beach Gardens Premiere Estate Community Sunday, April 29 and discover a unique community in the heart of the city.

The Weiss-Clawson Team will be holding open a home at 5149 Desert Vixen Road from 1 - 4 p.m. on Sunday.  This home is a unique, design, looking more like a Colorado mountain home than the traditional Mediterranean style common to Florida.

Desert Vixen has four bedrooms, three bathrooms, a fireplace and a pool.  There is a loft bedroom on a mini second floor.  The pool and patio are screened and the home sits on a bit more than one acre in Palm Beach Gardens.

Discover Steeplechase!   The Weiss-Clawson Team includes a Steeplechase resident member.  We will show you this home, but can also show you all of the homes for sale in…

What a great weekend for sports men and women in West Palm Beach and south Florida.

The Palm Beach Boat show opened Thursday, March 22 and will run through Sunday March 25 at the Palm Beach convention Center on Okeechobee Boulevard and along Flagler Drive between Fern and Banyan Street.  An estimated $350 million worth of boats and accessories are on display at the 22nd annual Palm Beach Boat Show.  Weather is expected to be wonderful.

After a quick look at the boats, you can head south to watch Tiger Woods and a wonderful international field of golfers at the CA Championship at Doral Resort and Spa in Miami.  After Thursday's opening round Henrik Stenson of Sweeden and Robert Allenby, a Jupiter resident who hails from Australia, were leading at five…