Prices of single family homes in the Palm Beach Gardens community of Evergrene have declined about six percent in the first part of 2011 compared with 2010 sales.
The drop in prices appears to be driven largely by short sales and foreclosures as more than half of the homes sold through June 10 in Evergrene were distressed properties.
In 2010 there were 63 single family homes sold in Evergrene averaging $142 per square foot. From January through June 10, 2011 there were 31 single family homes sold in the community averaging $133 per square foot. In mid-June there were 22 homes on the market in Evergrene.
An active lifestyle community, Evergrene has a variety of condos, townhouses and single family homes among it 963 residences in seven subdivisions. And there are scores of activities for the kids, their parents and grandparents within the lushly landscaped community. Homes can be located adjacent to the beautiful preserve areas or backing onto a lake or canal.
There is a huge man made lake in the middle of Evergrene with a surrounding sidewalk that is just perfect for walking the dog, hiking, biking or roller skating.
Yet the focal point for most Evergrene activities is the club house boasting one of the largest swimming pools in the county, a water park for toddlers, a beach on the lake, hot tubs, a beach volleyball facility, tennis courts, a putting green and a basketball court. Inside the facility is a large fitness center, a community room plus areas for teens and younger children.
The Weiss-Clawson Team researches communities in Palm Beach Gardens and throughout Palm Beach County to bring the most up to date information to our clients. If you are interested in buying or selling a home in Palm Beach County, we would like to talk with you. Please contact The Weiss-Clawson Team directly. We look forward to hearing from you and to helping you with your real estate interests.