Sewalls Point Single Family Market Report January 2018

Sewalls Point Single Family Market Report January 2018

Sewalls Point Real Estate Snapshot, Residential Sales for January 2018

 

There are currently 50 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report Januar

10 home sales are pending and awaiting close or lender approval (Decreased by 3 homes from December)

Sewalls Point Single Family Market Report Januar

6 Homes sold in June (Increased by 3 homes sales from December)

Sewalls Point Single Family Market Report Januar

The single-family real estate market in Sewalls Point rebounded some from a weak December.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate dropped to 8.3 months, in December was 15.3 months.  Still, a buyer’s market for Sewalls Point single-family homes, though trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2016, the inventory was 67 homes on the market, 11 pending sales and there were 4 closed sales.  Better activity this year even though there’s less inventory.

Sewalls Point Single Family Market Report Januar

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report January 2018

 

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