Stuart Florida Market Report ZIP Code 34997 – Condo, April 2012

May 18, 2012 By Leave a Comment

Stuart Florida ZIP Code 34997 – , April 2012

Stuart Real Estate Snapshot for ZIP Code 34997, for April 2012

 

For April 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 115 active listings (An increase of 6 condos form March).

1-active April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 2-status April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997

 

34 are pending and awaiting close or lender approval (Down 6 condos from March).

3-pending April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997

 

18 Condos Sold in June (An increase of 4 condos from March).

4-sold April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 5-list-to-sales-chart April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 6-high-low April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 7-dom-breakdown April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997

 

Fairly positive April results for the Stuart market for the area in ZIP code 34997.  A small increase in and also a small decrease in pending , possibly showing the seasonal slowdown for the condo market.  Closed were up from March though.
Last years numbers were 124 active listings, 23 pending and 9 closed . Considerably better April of 2012 compared to last year for the Condo market of the 34997 zip code area of Stuart, Florida.

 

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo for April 2012

 

 

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Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

May 17, 2012 By Leave a Comment

Market Report ZIP Code 34997 – Residential, April 2012

Real Estate for ZIP Code 34997, Residential Sales for April 2012

 

There are currently 407 active listings (A decrease of 21 homes from March).

1-active April 2012 Stuart Real Estate Residential Market Report - Snapshot 2-status April 2012 Stuart Real Estate Residential Market Report - Snapshot

 

245 Residential sales are and awaiting close or lender approval (A decrease of 18 homes from March).

3-pending April 2012 Stuart Real Estate Residential Market Report - Snapshot

 

67 Homes Sold in March (Up 6 homes from March)

4-sold April 2012 Stuart Real Estate Residential Market Report - Snapshot 5-list-to-sales-chart April 2012 Stuart Real Estate Residential Market Report - Snapshot 6-high-low April 2012 Stuart Real Estate Residential Market Report - Snapshot 7-dom-breakdown April 2012 Stuart Real Estate Residential Market Report - Snapshot
Another positive month for the 34997 zip code area of . This segment of the real estate market is just HOT! Inventory took another drop again in April while sales also dropped slightly and closed sales were up to 67 sold homes. There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales. Hopefully, the majority of these will receive approval and close. It is significant to note that the active inventory has decreased significantly in the past three months, representing over a 30% drop in active listings!
Compared to April of 2011, when there were 560 active listings, 195 sales and 55 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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Residential – Homes and Condos Properties

Residential – Homes and Condos Properties for Sale in Stuart Between $0 – $100,000
Residential – Homes and Condos Properties for Sale in Stuart Between $100,000 – $200,000
Residential – Homes and Condos Properties for Sale in Stuart Between $200,000 – $300,000
Residential – Homes and Condos Properties for Sale in Stuart Between $300,000 – $400,000
Residential – Homes and Condos Properties for Sale in Stuart Between $400,000 – $500,000
Residential – Homes and Condos Properties for Sale in Stuart Between $500,000 – $750,000
Residential – Homes and Condos Properties for Sale in Stuart Between $750,000 – $1,000,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,000,000 – $1,250,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,250,000 – $1,500,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,500,000 – $1,750,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,750,000 – $2,000,000
Residential – Homes and Condos Properties for Sale in Stuart Between $2,000,000 – $8,400,000

Vacant Land Properties

Vacant Land Properties for Sale in Stuart Between $0 – $100,000
Vacant Land Properties for Sale in Stuart Between $100,000 – $200,000
Vacant Land Properties for Sale in Stuart Between $200,000 – $300,000
Vacant Land Properties for Sale in Stuart Between $300,000 – $400,000
Vacant Land Properties for Sale in Stuart Between $400,000 – $500,000
Vacant Land Properties for Sale in Stuart Between $500,000 – $750,000
Vacant Land Properties for Sale in Stuart Between $750,000 – $1,000,000
Vacant Land Properties for Sale in Stuart Between $1,000,000 – $1,250,000
Vacant Land Properties for Sale in Stuart Between $1,250,000 – $1,500,000
Vacant Land Properties for Sale in Stuart Between $1,500,000 – $1,750,000
Vacant Land Properties for Sale in Stuart Between $1,750,000 – $2,000,000
Vacant Land Properties for Sale in Stuart Between $2,000,000 – $2,875,000

Market Report ZIP Code 34997 – Residential, April 2012

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Stuart Florida Market Report ZIP Code 34996 – Condo, April 2012

May 16, 2012 By Leave a Comment

Stuart Market Report ZIP Code 34996 – Condo, April 2012

Stuart Snapshot for ZIP Code 34996, Condo Sales for April 2012

For April 2012 in the 34996 Zip Code area of Stuart, :

 

There are currently 191 active condo listings (Down 8 from last month).

1-active April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996 2-status April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996

 

52 Condo sales are and awaiting close or lender approval (A decrease of 6 condos from March).

3-pending April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996

 

26 Condos Sold in April (An increase of 3 condos from March)

4-sold April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996 5-list-to-sales-chart April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996 6-high-low April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996 7-dom-breakdown April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34996

 

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996. Sales activity increased slightly with 3 more sales as compared March and sales were down slightly, but still high. Very strong signs for this segment of the market. There was a fairly good mix of both Island units as well as some of the lesser priced 55+ community condos on the mainland selling last month.

Compared to last year in April of 2011, the numbers were 222 active listings, 35 sales and 15 closed sales.  Much better numbers this year, especially since the inventory is considerably less.  If this trend continues, it will not be long before we start seeing some gradual price increases in the 34996 Condo market in Stuart, .

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Stuart Market Report ZIP Code 34996 – Condo, April 2012

Filed Under: Market Reports, News & Events, Real Estate, Real Estate Information, Stuart Tagged With: , , , , , , , , , , ,

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

May 15, 2012 By Leave a Comment

Market Report ZIP Code 34996 – Residential, April 2012

 

Stuart Snapshot for ZIP Code 34996, Residential for April 2012

 

 

For April, 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Unchanged from March).

1-active April 2012 Stuart Real Estate Residential Market Report - Snapshot 2-status April 2012 Stuart Real Estate Residential Market Report - Snapshot

 

47 Residential are and awaiting close or lender approval (Up 11 from March).

3-pending April 2012 Stuart Real Estate Residential Market Report - Snapshot

 

8 Homes Sold in April (Down 14 from March).

4-sold April 2012 Stuart Real Estate Residential Market Report - Snapshot 5-list-to-sales-chart April 2012 Stuart Real Estate Residential Market Report - Snapshot 6-high-low April 2012 Stuart Real Estate Residential Market Report - Snapshot 7-dom-breakdown April 2012 Stuart Real Estate Residential Market Report - Snapshot

The 34996 zip code area of showed weak activity in April as compared to March. , however, were up sharply and should reflect an increased number of closed in the near future while the remained unchanged in a continued positive trend for this section of the residential single family market in Stuart, Florida.

Comparing the numbers to April of 2011, there were 189 active listings, 27 and 11 closed . This April’s activity is considerably better than last year with the exception of a drop in closed .  There appears to be a good future trend for the 34996 section of the Stuart, market.

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Market Report ZIP Code 34996 – Residential, April 2012

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2012

May 11, 2012 By Leave a Comment

Florida Market Report ZIP Code 34994 – , April 2012

Real Estate Snapshot for ZIP Code 34994, for April 2012

For April, 2011 in the 34994 Zip Code area of , Florida :

 

There are currently 147 active listings (Up by 4 condos from March).

1-active April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994

2-status April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994


 

43 are and awaiting close or lender approval. (Down 1 from last month)

3-pending April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994

 

15 Condos Sold in April (Unchanged from March).

4-sold April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994 5-list-to-sales-price-chart April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994 6-high-low April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994 7-dom-breakdown April 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34994

The market for zip code 34994 showed little change in April with very similar numbers from the previous two months.  We’ve also had the first uptick in in a few months as some sellers may feel the time is right to put their on the market.

In April of 2011 the numbers were: Active – 144, – 50 and – 25. Compared to last year, we are slightly below expectations.

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2012

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Stuart Florida Market Report ZIP Code 34994 – Residential, April 2012

May 10, 2012 By Leave a Comment

Florida Report ZIP Code 34994 – Residential, April 2012

Real Estate for ZIP Code 34994, Residential Sales for April 2012

For April, 2011 in the 34994 Zip Code area of , Florida :

 

There are currently 79 active listings (Down 5 from March).

1-active April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994 2-status April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994

 

40 Residential sales are and awaiting close or lender approval (Down 1 from March).

3-pending April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994

 

5 Homes Sold in April (Down 2 homes from March)

4-sold April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994 5-list-to-sales-chart April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994 6-high-low April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994 7-dom-breakdown April 2012 Stuart Real Estate Residential Market Report - Snapshot for ZIP Code 34994

The 34994 ZIP code area of the , Florida real estate remained largely unchanged from march.  With a continuing decrease in , finding good quality homes is becoming more of a challenge for any ready willing and able buyers.

Last April at this time, there were 88 active listings, 28 sales and 8 closed sales.  Slightly off from last years numbers.

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Residential – Homes and Condos Properties

Residential – Homes and Condos Properties for Sale in Stuart Between $0 – $100,000
Residential – Homes and Condos Properties for Sale in Stuart Between $100,000 – $200,000
Residential – Homes and Condos Properties for Sale in Stuart Between $200,000 – $300,000
Residential – Homes and Condos Properties for Sale in Stuart Between $300,000 – $400,000
Residential – Homes and Condos Properties for Sale in Stuart Between $400,000 – $500,000
Residential – Homes and Condos Properties for Sale in Stuart Between $500,000 – $750,000
Residential – Homes and Condos Properties for Sale in Stuart Between $750,000 – $1,000,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,000,000 – $1,250,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,250,000 – $1,500,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,500,000 – $1,750,000
Residential – Homes and Condos Properties for Sale in Stuart Between $1,750,000 – $2,000,000
Residential – Homes and Condos Properties for Sale in Stuart Between $2,000,000 – $8,400,000

Vacant Land Properties

Vacant Land Properties for Sale in Stuart Between $0 – $100,000
Vacant Land Properties for Sale in Stuart Between $100,000 – $200,000
Vacant Land Properties for Sale in Stuart Between $200,000 – $300,000
Vacant Land Properties for Sale in Stuart Between $300,000 – $400,000
Vacant Land Properties for Sale in Stuart Between $400,000 – $500,000
Vacant Land Properties for Sale in Stuart Between $500,000 – $750,000
Vacant Land Properties for Sale in Stuart Between $750,000 – $1,000,000
Vacant Land Properties for Sale in Stuart Between $1,000,000 – $1,250,000
Vacant Land Properties for Sale in Stuart Between $1,250,000 – $1,500,000
Vacant Land Properties for Sale in Stuart Between $1,500,000 – $1,750,000
Vacant Land Properties for Sale in Stuart Between $1,750,000 – $2,000,000
Vacant Land Properties for Sale in Stuart Between $2,000,000 – $2,875,000

Florida Report ZIP Code 34994 – Residential, April 2012

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Sewalls Point Market Report – Residential, April 2012

May 9, 2012 By Leave a Comment

Sewalls Point Report – Residential, April 2012

Sewalls Point Real Estate Snapshot, Residential Sales for April 2012

There are currently 63 active listings (an increase of 2 homes for sale from March)

1-active April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot 2-status April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot

19 Residential sales are pending and awaiting close or lender approval (An increase of 5 from March)

3-pending April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot

2 Homes sold in March (Down 1 from March)

4-sold April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot 5-list-to-sales-chart April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot 6-high-low April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot 7-dom-breakdown April 2012 Sewalls Point Real Estate Residential Market Report - Snapshot

 

The remains slow for the Sewalls Point real estate area of Martin County, Florida.  The one bright note is a fairly large increase in pending sales.  This will hopefully translate into some healthier numbers of closed sales in the near future.  Both closed sales and remain basically unchanged from last month.

Comparing the results to April of 2011, the is basically unchanged as there were 60 homes on the last year, pending sales were 12, and 5 homes sold. Closed sales were higher last year.  We should see closed sales for the near future catch up with last years figures as the higher number of this years pending sales close.

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Residential – Homes and Condos Properties

Residential – Homes and Condos Properties for Sale in Sewalls Point Between $200,000 – $300,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $300,000 – $400,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $400,000 – $500,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $500,000 – $750,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $750,000 – $1,000,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $1,000,000 – $1,250,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $1,250,000 – $1,500,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $1,500,000 – $1,750,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $1,750,000 – $2,000,000
Residential – Homes and Condos Properties for Sale in Sewalls Point Between $2,000,000 – $3,450,000

Vacant Land Properties

Vacant Land Properties for Sale in Sewalls Point Between $0 – $100,000
Vacant Land Properties for Sale in Sewalls Point Between $100,000 – $200,000
Vacant Land Properties for Sale in Sewalls Point Between $200,000 – $300,000
Vacant Land Properties for Sale in Sewalls Point Between $300,000 – $400,000
Vacant Land Properties for Sale in Sewalls Point Between $400,000 – $500,000
Vacant Land Properties for Sale in Sewalls Point Between $500,000 – $750,000
Vacant Land Properties for Sale in Sewalls Point Between $750,000 – $1,000,000
Vacant Land Properties for Sale in Sewalls Point Between $1,000,000 – $1,250,000
Vacant Land Properties for Sale in Sewalls Point Between $1,250,000 – $1,500,000
Vacant Land Properties for Sale in Sewalls Point Between $1,500,000 – $1,750,000
Vacant Land Properties for Sale in Sewalls Point Between $1,750,000 – $2,000,000
Vacant Land Properties for Sale in Sewalls Point Between $2,000,000 – $6,000,000

Sewalls Point Report – Residential, April 2012

Filed Under: Market Reports, News & Events, Real Estate, Real Estate Information, Sewalls Point Tagged With: , , , , ,

Martin County Florida Condo Market Report for March 2012

April 30, 2012 By Leave a Comment

Martin County Florida for March 2012

 

Commentary:

Unlike the residential segment of the Martin County market, the Martin County Florida for March 2012 showed modest increases for March of 2012 rather than the explosive growth in the single family segment of the Martin County market.  Sales for March were a respectable 64 units, 19 units less than March of 2011 (83 units)  but higher than February’s 57 units. On a positive note, the median sales price rose to $103,500 from an anemic $85,000 last month.

The inventory rose slightly to 651 condos, which is up from 640 units last month and down from the 721 condos that were on the market in March of 2011.  The one month absorption rate is now at 10.2 months, while the three month average is at 12.4 months.  It remains a challenging market for condos in Martin County. We need to see the absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

The big uncertainty that remains is the economy. We believe that if we have any sustained good news, we will see a pretty good rush on the market which will be a nice change from the present. For the longer term, even though we have the best mortgage rates in history at the moment, inflation is making news and this is not good for rates down the line. The Fed is working hard to keep rates down, but for how long, we’re just not to sure.

Our outlook for Martin County is fairly positive as for buyers, prices and rates remain very attractive. For sellers, it doesn’t look like we’re going to see any significant improvements soon, so if you need to sell, you may be better off now than possibly in the near future.

Click on the individual charts to see charts in expanded mode.

The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Martin County Condominium Market Report March 2012

Martin County Condominium Market Report March 2012

Martin County Condominium Market Report March 2012

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida for March 2012

the Gabe Sanders real estate team

Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s , visit us at:

Stuart Florida Real Estate or Treasure Coast FL Homes

Filed Under: Market Reports, News & Events, Real Estate, Real Estate Information Tagged With: , , , ,

Martin County Florida Residential Market Report for March 2012

April 29, 2012 By Leave a Comment

Martin County Florida Residential for March 2012

 

Commentary:

The Martin County Florida residential for March 2012 showed very strong results. The sales volume of 198 homes was 11 homes more than last year and up by 82 homes from January (116). The one month absorption rate was down to 6.5 months while the three month moving average is now at 9.9 months. The one month absorption rate is now indicating a balanced market and as some other markets are reporting around the nation, we are hovering on a possibility of once again being in a ‘seller’s markt’. Activity remains high and I expect some fairly respectable numbers for the coming months.

Both average and median sales prices were down slightly from February.  The first decline in the past two months.  This is more a reflection of the mix of homes selling for this month rather than an indication of lower values (More lower priced homes selling).  However the spectre of an increased number of distressed properties being released by the banks remains and should a large number of foreclosures come on the market, this will further depress prices at worst, keep the values relatively stable at best.

Our outlook for Martin County remains optimistic as prices and rates remain at historic low levels. For sellers, homes are selling, and if priced and presented optimally, they are going quickly. Buyers are seeing historically low interest rates and very affordable quality homes in almost all price ranges.

Please feel free to contact us if you have any difficulty interpreting these charts.

Click on the individual charts to see charts in expanded mode.

The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Martin County Residential Market Report March 2012

Martin County Residential Market Report March 2012

Martin County Residential Market Report March 2012

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Residential for March 2012

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate or Treasure Coast FL Homes

Filed Under: Market Reports, News & Events, Real Estate, Real Estate Information, Stuart Tagged With: , , ,

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2012

April 27, 2012 By Leave a Comment

Hobe Sound Florida Report ZIP Code 33455 – , March 2012

 

Hobe Sound Snapshot for ZIP Code 33455, Sales for March 2012

 

For March 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

 

There are currently 38 active listings. (Up 6 from February)

1-active March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455 2-status March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455

 

7 sales are pending and awaiting close or lender approval. (Up 3 from February)

3-pending March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455

 

  5 Condos in March (Up 4 from February)

4-sold March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455 5-list-to-sales-chart March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455 6-high-low March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455 7-dom-breakdown March 2012 Hobe Sound Real Estate Condo Market Report - Snapshot for ZIP Code 33455

 

The Hobe Sound (Zip Code 33455) is a very small segment of both Hobe Sound as well as the smallest condo in Martin County. March showed some improvement from previous months, with an increase to 5 closed sales.  Inventory gre a little but with such a low inventory, I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo . Last March’s numbers were 37 active listings, 9 pending sales and 5 closed sales. Almost identical to this year’s numbers.



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Hobe Sound Florida Report ZIP Code 33455 – Condo, March 2012

 

Filed Under: Hobe Sound, Market Reports, News & Events, Real Estate, Real Estate Information Tagged With: , , , , , , , , , , ,
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