Jensen Beach FL 34957 Residential Market Report July 2019

Jensen Beach FL 34957 Residential Market Report July 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2019

 For July 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 186 active listings. (Down by 21 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2019

81 Residential sales are pending and awaiting close or lender approval. (Increased by 8 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2019

41 Homes Sold (Unchanged from June)

Jensen Beach FL 34957 Residential Market Report July 2019

The Jensen Beach FL 34957 Residential Market showed stronger pending sales activity over last month with a reduction in inventory and unchanged closed sales activity.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 4.5 months ( was 5.0 months in June).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2018 numbers were: 168 active listings, 72 pending sales, and 47 home sales closed.  Better closed activity last year with a smaller volume of available homes for sale.  The pending activity was better this year.
Jensen Beach FL 34957 Residential Market Report July 2019
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Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report July 2019

Stuart FL 34996 Condo Market Report July 2019

Stuart FL 34996 Condo Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2019

For July 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 98 active condo listings (Down by 6 condos from last month).

Stuart FL 34996 Condo Market Report July 2019

34 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from June).

Stuart FL 34996 Condo Market Report July 2019

31 Condos Sold in July (Up by 2 condos from June) 

Stuart FL 34996 Condo Market Report July 2019

The Stuart FL 34996 Condo Market of Stuart continues to have excellent sales activity.  pending sales were off a little for July and the inventory has also decreased.  This may affect the market in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dipped to 3.2 months from June’s 3.6 months. Still a strong seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2018 were: 106 active listings, 25 pending sales, and 26 closed sales.  Better sales and pending sales activity this year on a smaller number of available condos for sale.

Stuart FL 34996 Condo Market Report July 2019

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Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report July 2019

Stuart FL 34996 Residential Market Report July 2019

Stuart FL 34996 Residential Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2019

For July 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 138 active listings (Decreased by 6 homes from June).

Stuart FL 34996 Residential Market Report July 2019 

23 Residential sales are pending and awaiting close (Down by 1 home from June).

Stuart FL 34996 Residential Market Report July 2019

20 Homes Sold in July (Up by 8 homes from June).

Stuart FL 34996 Residential Market Report July 2019

The 34996 zip code area of the Stuart Florida residential real estate market rebounded from pretty poor June activity.  Hopefully, this will continue through the rest of the summer and into fall.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 6.9 months as compared to 12 months for last month.  We are heading back into a balanced market this segment of the Martin County single family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for July 2018 were: 128 active listings, 21 pending sales, and 25 closed sales.  We had pretty similar sales volume when compared to last year.

Stuart FL 34996 Residential Market Report July 2019

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Search here for homes for sale in the 34996 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report July 2019

Palm City FL 34990 Condo Market Report July 2019

Palm City FL 34990 Condo Market Report July 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2019

For July 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 77 active condo listings. (Increased by 11 condos from June)

Palm City FL 34990 Condo Market Report July 2019 

8 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from last month)

Palm City FL 34990 Condo Market Report July 2019

3 Condos Sold in July. (Down by 9 condos from June)

Palm City FL 34990 Condo Market Report July 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  July retreated back to weak activity for this market.

The current absorption rate for condos in the 34990 zip exploded to 25.7 months (was 5.5 months in June).  Shifting back into an extreme buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2018 numbers were: 78 active listings, 9 pending sales, and 1 closed sales.  Slightly better activity this year.
Palm City FL 34990 Condo Market Report July 2019
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Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report July 2019

Palm City FL 34990 Residential Market Report July 2019

Palm City FL 34990 Residential Market Report July 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2019

For July 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 348 active listings (Down by 42 homes from June)

Palm City FL 34990 Residential Market Report July 2019

154 Residential sales are pending (Up by 38 homes from last month)

Palm City FL 34990 Residential Market Report July 2019

63 Homes Sold in September (Down by 23 homes from June)

Palm City FL 34990 Residential Market Report July 2019

The Palm City FL, zip code 34990 residential real estate market had a large improvement in pending sales while closed sales were off.  With the increase in pending sales, I expect closed sales to improve in the next month or two.  There was also a pretty large (and unexpected) drop in inventory for July.
The monthly absorption rate rose to 5.5 months from 4.5 months in June.  Remaining in a seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2018 numbers were:  335 active listings, 142 pending sales, and 76 closed sales.  There’s a greater number of pending sales this year while closed sales were better last year.

Palm City FL 34990 Residential Market Report July 2019

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report July 2019