Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

 

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

 

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

There are currently 31 active listings. ( A decrease of 13 condos from May)

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24 Condo sales are pending and awaiting close or lender approval. (Unchanged from May)

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7 Condos Sold (Unchanged from May)

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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.   No changes for the June numbers for both pending and closed sales while the inventory dropped by close to 25% to only 31 active units.  If this low level continues, sales numbers are almost a certainty to drop lower.

The one month absorption rate for the June 2013, Jensen Beach Florida Market Report ZIP Code 34957 is now down to 4.4 months, signifying a shift to a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The June 2012 numbers were: 58 active listings, 21 pending sales and 6 condos closed.   When the reduced inventory is factored into this activity, this years numbers are much more active.


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

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Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

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

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

 

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

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

 

There are currently 248 active listings. ( Up by 20 home from May)

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107 Residential sales are pending and awaiting close  (An increase of 2 home from May)

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37 Homes Sold in June (Down by 13 home from last month)

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Sales were off by 13 homes from a very strong May in the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory increased as sellers are realizing that some of the best conditions exist in many years for a successful home sale.  Pending numbers remained strong, decreasing by only 1 home.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 6.7 months from the 4.6 of last month, thus inching back to a very slight buyers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2012 were:  266 active listings, 93 pending sales and 46 closed sales.   Still a strong showing for this year with some good future potential with the high number of pending sales.

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

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

Highlands Reserve July 2013 Market Update

Highlands Reserve July 2013 Market Update

There are currently 14 homes actively listed in Highlands Reserve for December, 2012 in Palm City, Florida.  Prices range from $269,000 to $1,466,500.  The average list price is $538,859 at $152.57 per square foot of living area.

There are 11 homes under contract awaiting closing.  One short sale and one bank owned home.  The average list price is $390.386 at $119.64 per square foot of living area.

In the past 12 months, 24 homes have sold in Highlands Reserve with an average sales price of $341,414 at $121.86 per square foot of living area.  Actual sales prices ranged from $257,050 to $439,990.  Two short sales and 1 bank owned property were in these sales.

 

Highlands Reserve July 2013 Market Update is the newest upscale community in this section of MartinCounty. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Low HOA fees of $275.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Highlands Reserve July 2013 Market Update

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

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

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

 

 There are currently 112 active listings. (An increase of 9 homes from last month)

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75 Residential sales are pending and awaiting close or lender approval. (Down 1 home from May)

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31 Homes Sold (Up by 4 homes from May)

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The Jensen Beach residential real estate market, zip code 34957 had a solid June 2013 with an increase in closed sales, only 1 fewer pending sales and a welcome increase of inventory.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased again, now only 3.6 months, a strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The June 2012 numbers were: 121 active listings, 88 pending sales and 25 home sales closed.  Jensen Beach , FL residential real estate continues to outperform many of the surrounding areas.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
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Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

Palm City Florida Market Report ZIP Code 34990 Condo June 2013

Palm City Florida Market Report ZIP Code 34990 Condo June 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2013

 

For June 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 54 active condo listings. (Up by 2 condos from May)

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14 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)

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8 Condos Sold in June. (Up 5 condos from May)

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The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.   Sales were up by more than double from last month, while pending sales were off by 2 condos, and a small increase of 2 condos to the inventory.
 
The current absorption rate for condos in the 34990 zip code area dropped to 6.8 months.  A steep drop to almost a balanced market for this month, as a balanced market is considered to be an absorption rate of around 6 months.
 
The June 2012 numbers were: 66 active listings, 5 pending sales and 3 closed sales.   Even with the significantly lower number of active condo listings, this year’s activity is much better.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

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Palm City Florida Market Report ZIP Code 34990 Condo June 2013