Neighborhood News

Real Service... Real Results                                         Summer, 2013

  102A Palm Point 

 Laura Cole  Tana Gaskill

 

  (561)        (561)
 776-4429    776-4444
 Illustrated Properties
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In This Issue
Real Estate Trends
New Listing
Birds of BallenIsles

Summer is definitely here and if it does not stop raining soon we will all need to start building arks!  The good news is lots of dining specials, no reservations needed and tee times are easy!

We are truly blessed with the breathtaking variety of our landscaping here.  Read our special article on the Royal Poinciana tree in this issue.  How wonderful to learn a bit more about the incredible beauty around us!

And get ready for a shocker!  Real Estate sales have gone wild and inventory is down to an all time low.   
  
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REAL ESTATE TRENDS 
BallenIsles Sales*
 102A Palm Point
You have to see the numbers to believe it!  Inventory is down to under 65, June and July had 18 closing and year to date sales are up to 53.  BallenIsles is a hot ticket and we expect prices to begin to rise.  Many buyers have lost out on the opportunity to buy what best suited their requirements and mortgage rates are climbing.  While we don't expect a return to 2005 we do look forward to a strong and steady 2014.  
 
 BALLENISLES SALES - June & July 
   

ADDRESS                   

BR

BA

SOLD $

ORIG. $

DATE

MKT TIME

117 ORCHID CAY

3

3.0

   $420,000

$549,000

06/03/2013

314

109 WINDWARD  

3

3.5

   $449,000

$574,900

06/04/2013

453

27 LAGUNA  

4

3.5

   $455,000

$499,000

06/10/2013

25

133 ST MARTIN  

3

3.5

   $835,000

$949,000

06/10/2013

337

115D PALM POINT  

3

3.0

   $385,000

$449,000

06/11/2013

114

1014 GRAND ISLE  

4

4.5

   $865,000

$900,000

06/11/2013

238

144 ISLE  

3

3.0

   $305,000

$399,000

06/12/2013

65

120C PALM BAY  

3

3.0

   $425,000

$475,000

06/12/2013

134

40 LAGUNA  

3

3.0

   $350,000

$390,000

06/17/2013

31

130 SUNSET BAY 

3

3.0

   $176,000

$385,000

06/20/2013

811

92 LAGUNA  

3

3.0

   $500,000

$619,000

06/20/2013

5

120B PALM BAY  

2

3.0

   $285,000

$325,000

06/24/2013

71

132 SUNSET BAY  

2

2.5

   $200,000

$250,000

06/26/2013

244

127D PALM BAY  

3

3.0

   $235,000

$249,000

06/28/2013

7

159 SUNSET BAY  

3

2.0

   $327,000

$300,000

06/28/2013

43

145 WINDWARD  

3

4.0

   $400,000

$400,000

07/15/2013

79

103A PALM BAY  

3

2.0

   $420,000

$450,000

07/16/2013

62

2 BERMUDA LAKE  

3

3.5

   $525,000

$599,000

07/16/2013

29

   
   
*This representation is based in whole or in part on data supplied by the Realtors Association of the PalmBeaches or its Multiple Listing Services thru 08/01/2013. 
  
To learn more about current Real Estate trends in BallenIsles, click on the links below.

 

                                    
FEATURED PROPERTIES
Under Contract!                 

 


162 Sunset Bay               125A Palm Bay              101 Victoria Bay      
Seller                              Buyer and Seller              Seller

We are pleased to announce that we have put the following properties under contract for our clients.   

The Flora of BallenIsles

Royal Poinciana Tree                             
Blooming May through June with the most spectacular display, these graceful trees are breathtaking.   The Royal Poinciana is noted for its fern-like leaves and flamboyant display of flowers. In many tropical parts of the world it is grown as an ornamental tree and in English it is given the name Royal Poinciana or Flamboyant. It is also one of several trees known as Flame tree.

The Royal Poinciana is widely cultivated and common sight in South Florida and a particularly treasured tree in BallenIsles.  In addition to its ornamental value, it is also a useful shade tree in tropical conditions, because it usually grows to a modest height (mostly 5 meters, but it can reach an maximum height of 12 meters) and spreads widely, and its dense foliage provides full shade. In areas with a marked dry season, it sheds its leaves during the drought, but in other areas it is virtually evergreen.

 

The flowers are large, with four spreading scarlet or orange-red petals up and a fifth upright petal called the standard, which is slightly larger and spotted with yellow and white.  Seed pods are dark brown and can be up large but the individual seeds, however, are small. The compound leaves have a feathery appearance and are a characteristic light, bright green.