August 2013 Market Update for Martins Crossing

August 2013 Market Update for Martins Crossing

There are currently 7 homes for sale in Martins Crossing.  4 townhomes (priced from $121,500 to $169,000) and 3 single family homes priced from $199,000 to $289,000.  The average price per square foot of living area is $102.80.  Of these, one townhome is a short sale and two townhomes are bank owned.

There are nine homes under contract.  3 townhomes and 6 single family. Listing prices ranged from $109,000 to $289,000. This equates to an average of $93.78 per square foot of living area.

In the past twelve months, 49 homes have sold in Martins Crossing.  14 townhomes (sales prices ranged from $97,00 to $154,900) while the 35 homes had prices ranging from 130,000 to $270,000.  The overall sales price per square foot was $89.46 at an average list to sales ratio of 96%.   There were 13 short sales and 9 foreclosures in these sales.

The number of foreclosures and short sales has drastically declined in Martins Crossing and prices have risen significantly in the past 6 months.

August 2013 Market Update for Martins Crossing

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  August 2013 Market Update for Martins Crossing, boasts of  596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

 August 2013 Market Update for Martins Crossing

August 2013 Market Update for Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby.Martins Crossing Tennis Courts

 

August 2013 Market Update for Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

August 2013 Market Update for Martins Crossing

 

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August 2013 Market Update for Martins Crossing

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2013

 

For July 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 16 active condo listings. (Down by 3 condos from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

10 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from June)
Pending - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

 

5 Condos sold in July (Increased by 5 condos from June)

 Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales increased to 5 units from 0 sales in July.  Pending sales were off slightly while the inventory is shrinking to very, very small numbers.

The absorption rate for July is 3.2 months.  A very strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The July 2012 numbers were:  28 active listings, 7 pending sales and 3 closed sales.   Strong activity when compared to last year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential, July 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2013

 For July 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 238 active listings. ( Down by 10 homes from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

96 Residential sales are pending and awaiting close  (A decrease of 11 homes from June)

Pending - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

42 Homes Sold in July (Up by 5 homes from last month)

Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

Closed sales were up for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  After an increase of inventory in June, we’re back to lower numbers for July.  Pending sales were also off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.7 months.  Back to a slight sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2012 were:  279 active listings, 77 pending sales and 31 closed sales.   Much better activity year to year for the Hobe Sound residential real estate market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2013

 

For July 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 31 active listings. ( No change from June)

Active Listings - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

19 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from June)

Pending - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

9 Condos Sold (An increase of 2 condos from June)

Sold Listings - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low (though unchanged from June).   Pending sales were off slightly (not unexpected as the inventory is so low) while sales were up by two units.

The one month absorption rate for the July 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.4 months, signifying a shift to a strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The July 2012 numbers were: 54 active listings, 23 pending sales and 5 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.


 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Market Summary - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

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Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2013

 For July 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 122 active listings. (An increase of 10 homes from last month)

Active Listings - Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

 

72 Residential sales are pending and awaiting close or lender approval. (Down 3 home from June)

Pending - Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

 

24 Homes Sold (Down by 7 homes from June)

Sold Listings - Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

 

The Jensen Beach residential real estate market, zip code 34957  eased a bit in July after an exceptionally good Spring and early Summer.  Both pending and closed sales were off and the inventory rose.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 5.1 months. Which is still a seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The July 2012 numbers were: 113 active listings, 94 pending sales and 22 home sales closed.  One of the few Martin County areas where inventory is greater this year than last.  Also, fairly similar closed sales while a lower number of pending sales as compared to last year.
 
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
Market Summary - Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

Search here for Jensen Beach Real Estate for Sale

Jensen Beach Florida Real Estate presented by:
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Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013