Updated Rocky Point Pool Home for Sale

 
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Gabe Sanders
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3090099
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5478 SE Major Way
Stuart, FL
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Updated Rocky Point Pool Home for Sale

$ Click for current price
3 BEDROOMS
3 BATHROOMS ( 3 full )
2196 Square Feet

Beautiful 3 bedroom 3 full bath oversized 2 car garage home on a huge lot in Rocky Point. Home has recently been remodeled. Kitchen has new cabinets, counters and stainless steel appliances. New carpet in large bedrooms. New tile with wood look in other areas of the home. Bathrooms nicely updated.  The 3rd full bath is located in the garage. Pool completely resurfaced. Ready to move into!

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Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2013

For December, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 56 active listings (No changes from November)Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

32 Residential sales are pending and awaiting close or lender approval (Down 3 homes from November).
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

14 Homes Sold in November (Increased by 1 home from November)
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

The 34994 ZIP code area of the Stuart, Florida had a small increase in closed sales (a good thing) and a second month in a row with a drop in pending sales (not such a good thing).  The inventory of available homes remained unchanged at 56 homes, which is a very low number for this zip code area of Stuart FL. 

The one month absorption rate for the 34994 zip code for December decreased to 4 months from last months 4.3 months.  Continuing as a strong seller’s market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The December 2012 numbers were 75 Active Listings, 27 pending sales and 14 closed sales.   Better market activity for the end of 2013 when compared to December 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential December 2013

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2013

For December 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 173 active condo listings (Down by 5 condos from last month).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

29 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from November).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

 

21 Condos Sold in December (Up by 4 condos from November)  Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Like many of the other areas in Martin County, closed sales rose, inventory decreased and pending sales were off, in the real estate market in the Stuart Florida Market Report ZIP Code 34996 for Condos for December 2013. 

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 8.2 months from November’s 10.5.  Still a buyers market for December of 2013, but approaching a balanced one.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2012 were: 216 active listings, 29 pending sales and 14 closed sales.  Considerably improved numbers from year to year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market: Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2013

 

For December, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 128 active listings (Decreased by 11 homes from November). Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

 25 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from November).Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013
 

16 Homes Sold in December (Increased by 7 homes from November).Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

For the 34996 zip code area of the Stuart Florida residential real estate market, a strong finish for closed sales in December.   After an increase in inventory in November, another decrease this month along with a decrease in pending home sales as well.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 8 months as compared to November’s 15.4 months.  Still a buyer’s market but once again close to a balanced market for the 34996 zip code area of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December of 2012 were: 151 active listings, 23 pending sales and 11 closed sales.   Considerably better activity than last year.  And, one of our few areas with continuing reduced inventory.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

 

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2013

 

For December 2013 in the 34997 Zip Code area of Stuart, Florida :

There are currently 88 active condo listings (Down by 3 condos form November).Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

24 Condo sales are pending and awaiting close or lender approval (Up by 12 condo from November).Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

13 Condos Sold in December (Increased by 7 condos from November).Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

A good rebound for the Stuart FL condo market for zip code 34997 for the month of December.  Closed and pending sales increased from November while the inventory decreased slightly. 

The one month absorption rate dropped to 6.8 months from last months 15.2.  Back into a balanced market.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.   As I mentioned in November, we’re now back into a slower market in this segment after a strong Spring and Summer.

The December 2012 numbers were: 98 active listings, 12 pending sales and 10 closed sales.   A much better close to 2013 than last year.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013
 
 

 

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2013

 

 

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code December 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2013

 

There are currently 394 active listings (Decreased by 2 homes from November). Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

130 Residential sales are pending and awaiting close or lender approval (A decrease of 13 homes from November).Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

 

85 Homes Sold in December (Up by 14 homes from November)Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

The Stuart Florida Market for ZIP Code 34997 residential ended the year with a nice increase in closed sales from last month. Unfortunately both pending sales as well as the inventory of available homes declined. The lower pending activity is cause for some concern as this is the second fairly big decline in a row.
The current one month absorption rate dropped to 4.6 months making this segment of the Stuart residential market a strong seller’s market (down from last months 5.6 month absorption rate). Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
The 2012 numbers were: 336 active listings, 164 pending listings and 62 closed sales. Considerably stronger activity for this month as compared to last year.
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

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Stuart Florida Homes for Sale and Sold Report 34997 zip code December 2013

 

Sewalls Point Homes for Sale and Sold Report December 2013

Sewalls Point Homes for Sale and Sold Report December 2013

Sewalls Point Real Estate Snapshot, Residential Sales for December 2013

 

There are currently 43 active listings (a decrease of 3 homes for sale from November)Sewalls Point Homes for Sale and Sold Report December 2013

 

8 Residential sales are pending and awaiting close or lender approval (Up 1 home from last month)Sewalls Point Homes for Sale and Sold Report December 2013

 

5 Homes sold in November (Up by 4 homes from November) Sewalls Point Homes for Sale and Sold Report December 2013

After a disappointing November, the Sewalls Point market activity rebounded a bit for December 2013 to end the year fairly well.   Back to 5 closed sales for December.   The inventory decreased again and pending sales had a slight increase.

The absorption rate decreased to 8.6 to  months compared to last months 46 months.  Still a slight buyers’ market.  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 of 2012, the inventory was 36 homes on the market, 8 pending sales and there were 6 closed sales.  Interestingly we have a higher inventory this year and 1 less sale.  Still better numbers than last month.

Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:Sewalls Point Homes for Sale and Sold Report December 2013

 

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Sewalls Point Homes for Sale and Sold Report December 2013

 

 

Hutchinson House Condos for Sale and Sold Report for January 2014

Hutchinson House Condos for Sale and Sold Report for January 2014

Hutchinson House Condos for Sale and Sold ReportAs of January 2014, there are 6 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  Listing prices range from $205,000 to $399,000 with an average of $212.75 per sq. ft. of living area.

Two condos are pending and awaiting transfer.  List prices were $250,000 and $439,000 for an average of $202.61 per sq. ft. of living area.

There have been 9 condos sold in the past 12 months in Hutchinson House.  Sales prices ranged from $190,000 to $400,000 for an average of $200.05 per sq. ft. of living area.  There were no distressed properties (short sales or bank owned) in any of the above Hutchinson House condo listings or sales. Hutchinson House Condos for Sale and Sold Report Hutchinson House Condos for Sale and Sold ReportLocated on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, club house, pools, spa/jacuzzi, tennis and a private beach.

 
Hutchinson House Condos for Sale and Sold ReportHutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the river side is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.

Hutchinson House Condos for Sale and Sold ReportThe Hutchinson House condos are one of the few condo developments that is pet friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

 Offered for $199,900

Great opportunity for this Hutchinson Island Oceanfront Condo Stuart FL Just Listed in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

 

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

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River Pines Townhome in Stuart FL Sold

River Pines Townhome in Stuart FL Sold

This River Pines Townhome in Stuart FL has been sold.  5916 SE Riverboat Drive in River Pines, Stuart, FL  has sold for $100,000 to a very happy first time home buyer thanks to the BlueWater realty team.

River Pines Townhomes

Spacious town home with private quiet location in River Pines. Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages welcome and 2 small pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts.

River Pines Townhomes

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street). A partial list of updates include: Roof was replaced and updated in 2001, new AC in 2009, All sinks and toilets updated, Updated appliances, Patio is enclosed with argon glass filled roof and 75 mph windows and three glass skylights, Extra storage in patio as well as exterior shed.

River Pines Townhomes

View more information about this wonderful home!

 

 

 

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River Pines Townhome in Stuart FL Sold

Martin County Condo Sales Report for November 2013

Martin County Condo Sales Report for November 2013

 Commentary:

The Martin County Florida Condo Sales report for November 2013 showed some weakness, much like the Martin County Homes sales report.  Closed sales for November were unchanged from November of 2012 and were lower than last month.  The median price rose respectably from last month and was unchanged from last year.  Inventory rose for the third month in a row, yet still fewer condos available for sale from last year.

The one month absorption rate increased to 11.91 months from last months 9.93 months, while the three-month average is now at 10.57 months.  The condo market for Martin County continues to be a buyers market.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

Weakness for the condo market is not that unusual for this time of the year.  The coming season should prove interesting as this segment has been fairly flat for the past few years, even though the numbers have risen somewhat.

Click on the charts for a larger view:

Martin County Condo Sales Report for November 2013

 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 Condo Sales Report for November 2013

Martin County Condo Sales Report for November 2013Martin County Condo Sales Report for November 2013

 Data compiled from the Realtor Association of Martin County

Martin County Condo Sales Report for November 2013

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Martin County Home Sales Report for November 2013

Martin County Home Sales Report for November 2013

 Commentary:

The Martin County Home Sales Report for November 2013 is showing mixed results.  Closed sales were down from last months 161 homes and also from last years 169 homes to 147 homes sold in November.  The average and median sales prices were up from last year but slightly down from last month.

The one month absorption rate for November 2013 increased to 7.92 months (from 6.86 months in October), and the three-month average is now 6.86 months.  A 6 to 7 month absorption rate is considered to be a balanced market.  Drifting back into a buyers market for the short term at least for residential sales in Martin County.

Please contact us if you have any difficulty interpreting these charts.
  Clicking on the chart will produce a larger view.
Martin County Home Sales Report for November 2013

 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 Home Sales Report for November 2013Martin County Home Sales Report for November 2013 Martin County Home Sales Report for November 2013

Data compiled from the Realtor Association of Martin County

Martin County Home Sales Report for November 2013

the Gabe Sanders real estate team

Residential Home, Condos and Land
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Lost Lake Hobe Sound Home Sold

Lost Lake Hobe Sound Home Sold

Lost Lake Home in Hobe Sound
7913 SE Double Tree Drive has been sold by the Gabe Sanders BlueWater Realty team.  The sales price was $285,000. 

Lost Lake Home in Hobe Sound

Beautiful Home light and bright with Southern exposure overlooking Lake and Golf Course  Granite Counters Tile and Bamboo laminate wood floors. newer A/C Updated bath vanities accordion hurricane shutters This home shows like a model Beautiful ceiling fans some window treatments move right in this home also has a brand new roof, skylights and gutters. 

Lost Lake Home in Hobe Sound

Minutes to spectacular Jupiter island beach, shopping and restaurants. 2 community pools, spa, tennis, bike, jog all in your gated community. Golf course designed by Fazio is as good as it gets.  Live and play in a place where the people are very caring and friendly.  It is the best kept secret in Martin county.

 About Lost Lake

Lost Lake in Hobe Sound, Florida

18 holes of golf, a great club house, along with statuesque homes filling the beautifully landscaped streets, ideal views of open fields and small lakes in a peaceful neighborhood; Lost Lake could be your dream neighborhood in Hobe Sound.

 Lost Lake Golf Club

Located just west of US-1 in Martin County, Lost Lake sits in a peaceful area close to shopping in Hobe Sound, Stuart and only a few minutes further to Jupiter.  Lost Lake is located very close to the mariner’s destination known as Peck Lake, great for weekends out on the boat!  Just minutes to the beaches as well.  Lost Lake can be the location for your dream home tomorrow!

 Lost Lake Homes in Hobe Sound, Florida

 

For any questions you may have about Lost Lake Hobe Sound Home Sold, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lost Lake Hobe Sound Home Sold

Stuart FL Home with Dock and Guest Apartment

Stuart FL Home with Dock and Guest Apartment

 Snug Harbor West Home for Sale

Deeded ocean access dock for 35′ boat included.  Detached guest apartment with kitchen.  All of this can be yours for $579,000.  Motivated seller requests that you make an offer.

Dock of Snug Harbor West Home for Sale
Enjoy living in your Key West / Victorian style home in the gated community of Snug Harbor West. Snug Harbor West is a waterfront community with a dock on the St Lucie River. The community also has tennis, pool and riverfront clubhouse.

Kitchen of Snug Harbor West home for sale

Main house has living room with gas fireplace and bay windows, large kitchen with gas stove, stainless steel appliances, granite, separate dining room, master bedroom has sitting area, large master bath with huge walk-in closet. A sunny, brick patio in the back to enjoy outdoor living. The oversize 2 car garage has an apartment above that can be used by teenagers/returning college graduates/in-laws. Snug Harbor West is located in the heart of Stuart and is close to beaches, restaurants, grocery, library, hospital.

Living Room of Snug Harbor West home for sale
Community Pool of Snug Harbor West
Waterfront of Snug Harbor West

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November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed  the third month in a row of decreases in sales volume from last years numbers.   Year to year closed sales were down by 17.5% (was down by 12.7% in October) while new sales under contract (new pending sales) decreased by 5.4% (was  down by 13.6% in October

Prices continued to rise however, year to year, with the median sales price up by 40% (up 14.3% in October) and the average sales price rose by 31.4% (was up by 26% in October).

November 2013 Saint Lucie County Condo and TownhouseThe inventory of available townhouses and condos increased from last month to 852 units which is a decrease of 7.8% from last November.  Current supply of inventory rose slightly from last month to 8.8 months (still a 7.8% decrease from last year).   This segment of the market continues to be a buyers market and  unless there’s a moderation in the price increases, I see no change in the easing of the volume of closed and pending sales.

 Click here to view or download the full report:
November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

November 2013 Monthly Market Detail St Lucie County Single Family Homes

November 2013 Monthly Market Detail St Lucie County Single Family Homes

The November 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors has moderated in the past couple of months as compared to last years activity.   Closed sales were up 3.3% from last year  (in October they were unchanged)  and new sales under contract (new pending sales) decreased by 23.9% (they were down by 6.9% last month).

Both median and average sales prices were up (year to year) by 13.6% and 18.7% respectively year to year. November 2013 Saint Lucie County Single Family

The inventory of active listings rose in November (from last month) to 2213 homes, still down by 14.1% from last year.  Current supply of inventory is only 5.1 months (a 14.1% decrease from last year).  We’re still in a seller’s market for the St. Lucie County single family market, but some easing appears to be in progress.  With the significant rise in prices as well as increasing mortgage rates, the current trend will continue to level.  I expect to see a balanced market for the near future with slower price increase.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail St Lucie County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail St Lucie County Single Family Homes

November 2013 Monthly Market Detail Martin County Townhouses and Condos

November 2013 Monthly Market Detail Martin County Townhouses and Condos

The November 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  This is the second month of mixed to poor results and mirrors some of the other counties as well as the state of Florida as a whole.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were down by 6.4% ( up by 1.1% in October) while new sales under contract (new pending sales) decreased by 1% (was down 36.2% in October).

The median sales price decreased by 0.2% (was up by 1.3% in October) while the average sales price dropped by 26.7% (was up 10.7% in October) as compared to November of 2012.November 2013 Martin County Condo and Townhouse

 The inventory of available townhouses and condos has increased to 624 units from last month, still under November 2012 inventory by 15.8%.  Current supply of inventory is 6.2 months (a 27.5% decrease from last year).  After several months of a seller’s market we are transitioning into a balanced market once again.  A balanced market is a healthy sign if it continues through the year.

 

 Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Townhouses and Condos

November 2013 Monthly Market Detail Martin County Single Family Homes

November 2013 Monthly Market Detail Martin County Single Family Homes

The November 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed strong closed activity and a small weakening of pending activity. When compared to the results from the state of Florida, martin County is doing very well.   Closed sales were up by 33.8% (was 8.5% in October) and new sales under contract (new pending sales) decreased by 4% (Increase of 36.2% in October).

The median sales price was up by 5.2% from last year while unfortunately the average declined by 7.2%.November 2013 Martin County Single Family

The inventory of available single family homes increased this month to 1271 units but this is still down by 4.5% from last November.  Current supply of inventory is only 6.7 months (a 12.4% decrease from last year).  We are now in a balanced market for residential sales in Martin County.  Considering that this is typically the slower season for Martin County, I’m expecting a return to a sellers market once the holiday season is over.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Single Family Homes

November 2013 Monthly Market Detail Florida Townhouses and Condos

November 2013 Monthly Market Detail Florida Townhouses and Condos

The November 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed a weakening of both closed and pending sales as compared to last year.  Year to year closed sales were down by 7.1% as compared to last months increase of 3.1% and new sales under contract (new pending sales) decreased by 10.2% (October’s decrease was 3.6%).

November 2013 Florida Condo and Townhouse

Both median and average sales prices were up (year to year) by 17.2% and 12.3% respectively.

For the first time in a while the inventory crept up slightly by 1.3%.  The reduced inventory is what is making prices rise as well as keeping sales volume down.  I expect both inventory and sales volume to increase in the coming year if the economic news continues to be positive.

Click on the link below or the graphic to see the full market detail report from Florida Realtors:

Click here to view or download the full report:
November 2013 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Florida Townhouses and Condos

The Spirit Of Christmas

The Spirit Of Christmas

Whether you celebrate Christmas, Hannukah, Kwanza, Festivus or nothing at all, there is a spirit to this time of the year.  I’d like to show you one example of this spirit.

During 1948 to 1949 during the Berlin Airlift, Col. Gail Halverson ‘the Candy Bomber’ truly carried out the spirit of Christmas.

Wishing everyone a wonderful

Spirit of Christmas