So what do the sales* look like for the first half of 2010? As compared to this time last year, prices and sales have remained steady and stable.

First half of 2010

Number of sales: 53
Average Sales Price Per Square Foot = $61.12
Median Sales Price Per Square Foot = $57.50
Average Sales Price = $115,270
Median Sales Price = $102,500
Average Days on Market = 117
Median Days on Market = 77

As compared to 2009 (first half of year)

Number of sales: 67
Average Sales Price Per Square Foot = $61.31
Median Sales Price Per Square Foot = $57.82
Average Sales Price = $116,522
Median Sales Price = $105,000
Average Days on Market = 123
Median Days on Market = 104

Le’ts compare this to the rest of Port St Lucie’s other non-HOA neighborhoods. The average sales price per square foot is $56.57 as compared to Southbend’s $61.12. Not a major difference but somewhat noticeable.

Are you considering buying or selling in Southbend? Let’s chat.
As all buyer’s have heard: right now is a buyer’s market but as some sellers may not realize, if your property is priced strategically and with the right agent, you may end up getting multiple offers on your listing.

You can call me directly at 772-485-3214 or fill out this contact form and let me know what you’re considering.
Even if you think you may owe more than the home is worth, it’s always helpful to get a professional opinion on your property and situation.

Check out more info & photos about Southbend

Start your own search

Information for Sellers

*Sale criteria search was as follows:
6 month range – 12/20/2009 to 06/20/2010
Geo area included neighborhoods south of PSL blvd, east of the Turnpike, west of the N fork of St Lucie River, and north of Tesoro (and Becker Road).
Information obtained from Regional MLS.

This exciting community was developed in 2004 and is the only neighborhood in Port St Lucie to have a “Downtown” section in the heart of the community. It’s just a bit south of the brand new Civic Center and this section of town will eventually have one big “City Place”-like look and feel.

As of my tour through the area, the downtown seciton is not yet built but, when finished, will boast restaurants, bandstand, office, and retail space.

The neighborhoods are a mix between 2-story Single Family homes and Townhouses.
Every street is lined with trees and sidewalks. Personally, I’m a big fan of that friendly-neighborhood feel and I think it could be attributed to the mass amount of front porches and open spaces – which is what this community is brimming with.
There was something about walking down the sidewalks from one home to the next, with the sun shining down on me, that put a little pep in my step and lifted my mood.

For your viewing pleasure, here is a movie I created about East Lake Village:

My friend Christy was kind of enough to give me details that a prospective buyer would want to know. She has lived in her 3 bedroom townhouse for over a year and says she feels very safe in the community. Currently she is applying to be on the home owner’s association (HOA) board and has a drive to get more owners into the community that will live there instead of renting their properties out. Christy also gave me some of the facts below:

In-Depth Info

• The HOA fees for the Single Family Homes are a little higher than the fees on a Townhouse
• Proposed fees for 2009 on the Townhouse are $174 which include lawn care, cable, and phone
• There is a $1,000 special assessment for 15 years added into the tax bill (non ad valorem). Taxes proposed on $125,000 for 2009 are $3,094 including that $1000 assessment
• Insurance Info: The HOA fees do not cover exterior building insurance. You would have to purchase a regular insurance policy to get coverage. The HOA fee only covers insurance on the common areas like the pool, for example.
• Painting and roof repair are covered on the Townhomes, Christy wasn’t sure about the Single Family homes
• In addition to regular owner sales, the builder is still selling some units in the second phase

Click to View Full-Sized Map

Click Here to See East Lake Village on the Map
It’s the section in between Hillmoor, Lennard, and Jennings.
Google Maps doesn’t recognize the street addresses yet.

For Buyers ~
Ready to move into a community right as it’s about to become a hot-spot in Port St Lucie? Prices are low and incredibly affordable. In December 2008 I found a 3 bedroom Townhouse with a 1 car garage for my mother-in-law for $74,900! (As of this writing she is currently in the process of purchasing it). But there are more great deals like this one available! Click the Contact + Chat tab at the top of the page to get in touch for a private tour or information on  current prices.

For Sellers ~
Have property to sell or rent in this community? I can help you determine what a competitve price will be and then mass-market your property with my unique movies. In addition to using the community tour as you see above, I also make a customized movie of your property that goes in the MLS as well as many other websites. See my Sellers tab at the top to learn more about my marketing expertise.

Last but not least, if you live in East Lake Village and want to provide some feedback, post your comments below. I’m sure others would love to hear what actual owners or tenants have to say!