Stuart FL 34996 Condo Market Report September 2014

10.11.14 by

Stuart FL 34996 Condo Market Report September 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2014

For September 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 147 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report September 2014

 37 Condo sales are pending and awaiting close or lender approval (Decreased by 11 condos from August).

Stuart FL 34996 Condo Market Report September 2014

 

28 Condos Sold in September (Increased by 14 condos from August) 

Stuart FL 34996 Condo Market Report September 2014

The Stuart FL 34996 Condo Market demonstrated a very strong September 2014, with a nice increase in closed sales.  Unfortunately pending sales declined, while the inventory basically remained unchanged. 

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 5.25 months from August’s 10.6months .  Back into a sellers market after a three month buyers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2013 were: 176 active listings, 35 pending sales and 17 closed sales.  2014 has outperformed last year for the 34996 zip code for Stuart condos.Stuart FL 34996 Condo Market Report September 2014

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Stuart FL 34996 Condo Market Report September 2014

Stuart FL 34996 Residential Market Report September 2014

10.10.14 by

Stuart FL 34996 Residential Market Report September 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2014

 

For September 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 155 active listings (No change from August).

Stuart FL 34996 Residential Market Report September 2014

32 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from August).

Stuart FL 34996 Residential Market Report September 2014

7 Homes Sold in September (Decreased by 6 homes from August).

Stuart FL 34996 Residential Market Report September 2014

The 34996 zip code area of the Stuart Florida residential real estate market experienced the second month of weaker results after a small rebound in July.  Closed sales were quite weak with no change in the active inventory.  One bright note for the future is the increase in pending numbers.  Whether this is a seasonal occurrence or a weaker market remains to be determined.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September increased to 22 months as compared to August’s 11.9 months.  A strong buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September of 2013 were: 140 active listings, 16 pending sales and 13 closed sales.  Other than the closed activity, the 34996 zip code for Martin County is outperforming last years activity.

Stuart FL 34996 Residential Market Report September 2014

 

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Stuart FL 34996 Residential Market Report September 2014

Stuart FL 34994 Condo Market Report September 2014

10.09.14 by

Stuart FL 34994 Condo Market Report September 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2014

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

 

There are currently 95 active condo listings (Down by 10 condos from August).

Stuart FL 34994 Condo Market Report September 2014

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

Stuart FL 34994 Condo Market Report September 2014

20 Condos Sold in September (Down by 2 condos from August).

Stuart FL 34994 Condo Market Report September 2014

 Still an active market for the Stuart FL 34994 Condo market.  Unfortunately, the inventory is getting low which means less of a choice for buyers coming into the area (or transitioning to new properties).  Pending sales are very strong while closed sales were down slightly for September.

The one month absorption rate remained basically unchanged at 4.75  months compared to last month’s 4.8.  Still a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last September the numbers were 119 active listings, 48 pending sales, and 15 closed sales.  Overall better activity this year when the reduced inventory is factored in as percentages of market activity.

Stuart FL 34994 Condo Market Report September 2014

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Stuart Florida Market Report ZIP Code 34994 – Condo, September 2014

Stuart FL 34994 Residential Market Report September 2014

10.08.14 by

Stuart FL 34994 Residential Market Report September 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2014

 

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

There are currently 62 active listings (Decreased by 5 homes from August)

Stuart FL 34994 Residential Market Report September 2014

 

40 Residential sales are pending and awaiting close or lender approval (Up by 1 homes from August).

Stuart FL 34994 Residential Market Report September 2014

 

13 Homes Sold in September (Increased by 3 homes from August)

Stuart FL 34994 Residential Market Report September 2014

September activity for the 34994 ZIP code area of the Stuart, Florida showed improved market activity across the board during a typically slow time of the year.   Both closed and pending sales activity improved.  Unfortunately the available inventory of active listings continues to decrease.

The one month absorption rate for the 34994 zip code for September decreased to 4.8 months from last months 6.7 months.  For September we are back into a sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2013 numbers were 62 Active Listings, 36 pending sales and 9 closed sales.   Better activity for 2014 when compared to last year.

Stuart FL 34994 Residential Market Report September 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential September 2014

Sewalls Point Single Family Market Report September 2014

10.07.14 by

Sewalls Point Single Family Market Report September 2014

Sewalls Point Real Estate Snapshot, Residential Sales for September 2014

 

There are currently 45 active listings (Up by 4 homes from August)

Sewalls Point Real Estate Snapshot, Residential Sales for September 2014

 

 7 Residential sales are pending and awaiting close or lender approval (Down by 1 homes from last month)

Sewalls Point Real Estate Snapshot, Residential Sales for September 2014

No Homes sold in September (Decreased by 7 homes from August)

 

 After a fairly positive August for the Sewalls Point single family homes market activity, September 2014 is the first month in quite some time with no closed sales on record.  September is also the first month in five months with an increase in inventory.  Pending sales remain fairly weak as well as the Sewalls Point residential real estate market could definitely use some improvement.

With zero sales, no absorption rate can be calculated.  Though in August it was 5.6 months.  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 September of 2013, the inventory was 49 homes on the market, 7 pending sales and there were 2 closed sales.  Very similar activity as compared to last year, with the exception of the zero sales activity.

 

 Search below for Sewalls Point Florida Real Estate for Sale

 

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Sewalls Point Single Family Market Report September 2014

 

August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

09.30.14 by

August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed decreased activity as compared to last year for the past couple of months.  Closed sales were down by 9.1% (was down by 10.4% in July) while new sales under contract (new pending sales) decreased by 0.8% (was down by 3.4% in July). 

The median sales price was up by 7.8% (down 1.4% in July) and the average sales price decreased by 14.2% (was down by 2.4% in July).  Prices rose very rapidly last year and we are seeing some corrections to the market for the past few months.

The inventory of available townhouses and condos decreased by 42 units from last month to 678 units which is down by 18.5% from last August.  Current supply of inventory decreased to 6.6 months from the 6.9 month supply in July and is 17.5% lower than last year.  The St. Lucie County townhouse and condo market is drifting back into a buyers market.  An increase in inventory would help this segment grow faster.

St. Lucie County Townhouse and Condo August 2014

 

 Click here to view or download the full report:
August 2014 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.

August 2014 Monthly Market Detail St Lucie County Townhouses and Condos

August 2014 Monthly Market Detail St Lucie County Single Family Homes

09.28.14 by

August 2014 Monthly Market Detail St Lucie County Single Family Homes

August 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues to show a robust single family home market.  Closed sales from last year were up by 7.6% (in July they were up by 17.6%) and new sales under contract (new pending sales) decreased by 17.7% (they were up by 4.2% last month).

Both median and average sales prices were up again (year to year) by 9.6% and 14.3% respectively from last August (For last month these figures were 8.5% and 5.8%).  The rate of appreciation had been slowing for the past few months, but for August it seems to have picked up again.

The inventory of active listings decreased in August (from last month) by 29 homes to 1,885, which is still greater than last year by 4%.  Current supply of inventory is only 4.1 months (an 2.7% increase from last year).   Still a strong sellers market for the Saint Lucie County single family home market.  While inventory levels are higher than last year, they have been decreasing steadily for the last few months.

St. Lucie County Single Family August 2014

 

Click here to view or download the full report:  August 2014 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.

August 2014 Monthly Market Detail St Lucie County Single Family Homes

August 2014 Monthly Market Detail Martin County Townhouses and Condos

09.27.14 by

August 2014 Monthly Market Detail Martin County Townhouses and Condos

August 2014 Monthly Market Detail Martin County Townhouses and Condos showed another month of strong gains.  Compared to the Florida state activity, Martin County is outperforming the average.  Year to year closed sales were up by 11.8% (was unchanged in July) as well as new sales under contract (new pending sales) rose by 31.3% from August 2013 (was unchanged in July). 

The median sales price increased by 2.3% (was down by 10.5% in July) while the average sales price increased by 11.7% (was down 7.4% in July) as compared to August of 2013.  Following two months of decreasing or steady prices, it appears that gains are once again present.

 The inventory of available townhouses and condos has decreased by 19 to 515 units from last month which is also 6.2% less inventory than was available in August of 2013.   The current supply of inventory is 5.1 months (a 6% decrease from last year).  A buyers market for townhouses and condos in Martin County with a continuing decrease of units for sale.

Martin County Townhouse and Condo August 2014

 

 Click here to view or download the full report:  August 2014 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.

August 2014 Monthly Market Detail Martin County Townhouses and Condos

Ais on the Lagoon Community Paddle

09.26.14 by

Ais on the Lagoon Community Paddle

The Florida Oceanographic Society is hosting a community paddle SUNDAY to celebrate the estuary and its rich history. Interested paddlers should be ready to depart at 8 a.m. from the U.S. Sailing Center at 1955 N.E. Indian River Drive, Jensen Beach, and return about 11 a.m. RSVP at www.floridaocean.org, and bring your own canoe, kayak or paddle-board. No motorized vessels.

BYOB:  Bring Your Own Boat

Ais on the Lagoon Community Paddle

For more information email or call:  or 772-225-0505.

August 2014 Monthly Market Detail Martin County Single Family Homes

09.26.14 by

August 2014 Monthly Market Detail Martin County Single Family Homes

The August 2014 Monthly Market Detail Martin County Single Family Homes showed a continued strong market with activity significantly outpacing the average for the state of Florida.  Year to year closed sales were up by 22.1% (was up 19.5% in July). New pending sales increased by % as compared to August of 2013 (increased by 21.1% in July). 

The median sales price was down by.3% from last year (up by 2.2% in July) while the average price decreased by 6.8% (was down by 2.9% last month).  These decreasing (or fairly steady) prices are one reason for the active market in Marin County.

The inventory of available single family homes decreased from July 2014 by 6 homes to 1,288 units this month, this still represents an 18.5% increase from last August.  Current supply of inventory decreased to 6.4 months from last month’s 6.6 (a 4.2% increase from last year).  Currently, Martin County has a balanced market for single family home sales.

Martin County Single Family August 2014

 

Click here to view or download the full report:  August 2014 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.

August 2014 Monthly Market Detail Martin County Single Family Homes

August 2014 Monthly Market Detail Florida Townhouses and Condos

09.25.14 by

August 2014 Monthly Market Detail Florida Townhouses and Condos

For the August 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida we’re seeing some disappointing numbers as compared to last year.  But, this is still an active market, just not as robust as it was last August.  Year to year closed sales were off by 8.8% as compared to last months decrease of 6.7% and new sales under contract (new pending sales) decreased by 13.1% (July’s decrease was 13.9%).

Both median and average sales prices were up (year to year) by 3.8% and .5% respectively (in July it was 7.4% and 2.6%). Prices rose very rapidly last year and continue to go up this year though at a much more sustainable rate.  The reduced rate of appreciation should bring some more skittish buyers back into the market.

Inventory rose for the eleventh month in a row, by 8.9% (was up by 10.9% in July).  While the August 2014 numbers show a marked decrease in activity levels this is still a seller’s market as there is currently a 5.7 months supply of inventory (was 5.7 months in July) which is up 10.9% from last year.  A 6 months inventory supply is considered a balanced market.

Florida Townhouse and Condo August 2014

 

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:  August 2014 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.

August 2014 Monthly Market Detail Florida Townhouses and Condos

August 2014 Monthly Market Detail Florida Single Family Homes

09.24.14 by

August 2014 Monthly Market Detail Florida Single Family Homes

The August 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors continues to improve though at a much reduced rate from last year.  Year to year closed sales were up by 4.2% (was up by 5% in July) and new sales under contract (new pending sales) increased by 3% (was up by 2.3% in July).

Both median and average sales prices continue to rise ( August 2013 to August 2014) by 3.4% and 4.3% respectively, compared to July’s 3.6% and 4.1%.   A much more reasonable rate of appreciation than last year’s large double digit rises.

The inventory of available homes for sale rose by 13% from last year.  This is now the eleventh month of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  This increase in inventory makes for greater choices and more price competition among sellers. With only a 5.5 months supply of inventory, this is a healthy market with a slight edge to sellers. (August of 2013 had a 5.1 month supply)Florida Single Family August 2014

Click here to view or download the full report:
August 2014 Monthly Market Detail Florida 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.

August 2014 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report August 2014

09.23.14 by

Hobe Sound FL 33455 Condo Market Report August 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2014

 

For August 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 18 active condo listings. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2014

1 Condo sale is pending and awaiting close. (Down 3 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2014

2 Condos sold in July (Unchanged from July)

Hobe Sound FL 33455 Condo Market Report August 2014

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately with only 1 pending sale, future activity could be quite weak.  No change in closed sales for August.

The current absorption rate is 9 months (Last month it was 8.5 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that August not indicate a true trend in the market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2013 numbers were:  14 active listings, 8 pending sales and 1 closed sales.  Pending sales were considerably stronger last year with a smaller inventory.

Hobe Sound FL 33455 Condo Market Report August 2014

 

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report August 2014

 

Hobe Sound FL 33455 Residential Market Report August 2014

09.22.14 by

Hobe Sound FL 33455 Residential Market Report August 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2014

  For August 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 242 active listings. (Up by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2014

60 Residential sales are pending and awaiting close  (Decreased by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2014

49 Homes Sold in August (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for August had another excellent month for closed sales.  Though, troubling is the large drop in pending sales this month.  Inventory rose by a small amount which is a bit surprising for the month of August.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in July).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in July)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2013 were:  233 active listings, 95 pending sales and 48 closed sales.   Very similar to this year’s numbers with the exception of the lower number of pending sales this year.

Hobe Sound FL 33455 Residential Market Report August 2014

 

Hobe Sound, FL Real Estate

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report August 2014

Jensen Beach FL 34957 Condo Market Report August 2014

09.21.14 by

Jensen Beach FL 34957 Condo Market Report August 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2014

 

For August 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 26 active listings. (Down 4 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2014

16 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2014

3 Condos Sold (Up by 1 condo from July)

Jensen Beach FL 34957 Condo Market Report August 2014

 The Jensen Beach FL 34957 Condo Market Report August 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped with the third month of decreasing inventory in August.  Pending sales increased by 3 condos and closed sales were up by 1.  The increase in pending sales should result in some additional closed sales in the near future.

The one month absorption rate for the August 2014, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 8.7 months (30 months in July), still a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2013 numbers were: 30 active listings, 17 pending sales and 12 condos closed.   It was a much stronger market for Jensen Beach condos in 2013.

Jensen Beach FL 34957 Condo Market Report August 2014

 

Search here for Jensen Beach Real Estate for Sale


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Jensen Beach FL 34957 Condo Market Report August 2014

Snug Harbor Stuart FL Sewer Plan

09.21.14 by

Snug Harbor Stuart FL Sewer Plan

Snug Harbor in Stuart Florida which is officially known as the Snug Harbor Yacht Club is a residential community in Martin County comprising of 72 home sites.  Snug Harbor lies in an unusual situation as it is an enclave in the very eastern part of the area that is almost entirely located in the City of Stuart, yet Snug Harbor is not part of the City and most residents want to kep it this way.

Recently, the City of Stuart has proposed bringing a hybrid sewer system into Snug Harbor to allow Snug Harbor residents to hook up to the city system.  Though, any one wishing to hook up must sign an agreement not to oppose the City annexing Snug Harbor into the City.  Many of us see this as nothing more than a back door way for the City to increase their tax revenue while providing Snug Harbor with a de-facto decrease in the level of service which we currently receive from Martin County.

Please watch the video below to see what the Snug Harbor residents had to say to the Martin County Commissioners.

Jensen Beach FL 34957 Residential Market Report August 2014

09.20.14 by

Jensen Beach FL 34957 Residential Market Report August 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2014

 

 For August 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 104 active listings. (No change from last month)

Jensen Beach FL 34957 Residential Market Report August 2014

 

74 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2014

 

29 Homes Sold (No change from July)

Jensen Beach FL 34957 Residential Market Report August 2014

 

The Jensen Beach FL 34957 Residential Market Report had continued strong activity from July to August.  Other than a small drop in pending sales, activity for August was identical to last month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957  remains at 3.6 months (also 3.6 months in July).  Still a strong sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2013 numbers were: 122 active listings, 71 pending sales and 25 home sales closed.  Better activity this year.  Especially when considering the reduced inventory.  The Jensen Beach residential real estate market is currently the most active in Martin County.
Jensen Beach FL 34957 Residential Market Report August 2014 
 

 

 

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Jensen Beach FL 34957 Residential Market Report August 2014

 

Palm City FL 34990 Condo Market Report August 2014

09.19.14 by

Palm City FL 34990 Condo Market Report August 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2014

 

For August 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 60 active condo listings. (Up by 1 condo from July)

Palm City FL 34990 Condo Market Report August 2014

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

Palm City FL 34990 Condo Market Report August 2014

4 Condos Sold in August. (Up by 3 condos from July)

Palm City FL 34990 Condo Market Report August 2014

The Palm City FL 34990 condo real estate market is a fairly small segment.  There was a nice increase in closed sales for August while the inventory was basically unchanged along with a drop in pending sales.

The current absorption rate for condos in the 34990 zip code area decreased to 15 months (was 59 months in July).   Still a strong buyers market.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
 
The August 2013 numbers were: 53 active listings, 10 pending sales and 0 closed sales.   Better activity this year with the exception of the pending numbers, which is not a good indicator for future activity.
Palm City FL 34990 Condo Market Report August 2014 
 

Search here for Palm City Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City FL 34990 Condo Market Report August 2014

Palm City FL 34990 Residential Market Report August 2014

09.18.14 by

Palm City FL 34990 Residential Market Report August 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2014

 

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


There are currently 436 active listings (Increased by 4 homes from July)

Palm City FL 34990 Residential Market Report August 2014

 

 145 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month)

Palm City FL 34990 Residential Market Report August 2014

 

76 Homes Sold in July (Up by 3 homes from July)

Palm City FL 34990 Residential Market Report August 2014

 

After a somewhat slower July than the hot market we’ve been experiencing for the Palm City FL 34990 residential real estate market, August certainly seems to be heading back into the right direction.  Palm City is one of the only areas that is seeing an increase in inventory in the summer month of August.  
 
 The current absorption rate decreased to 5.7 months from 5.9 months in July, making the Palm City residential real estate market continue as a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

     The August 2013 numbers were:  352 active listings, 141 pending sales and 77 closed sales.  This segment of the Martin County real estate market continues with strong activity, though not quite as strong as last year.  Which may have been unsustainable.

Palm City FL 34990 Residential Market Report August 2014

 

Palm City, FL Real Estate

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report August 2014

Martin County Emergency Notification System – CodeRED

09.18.14 by

Martin County Emergency Notification System – CodeRED

Martin County residents have a new way of being notified of any emergencies in the area named Code Red. 

CodeRedHere’s the information from the Martin County web site:

NEW EMERGENCY NOTIFICATION SYSTEM AVAILABLE TO THE PUBLIC

Martin County Fire Rescue is excited to announce a new public Emergency Notification system, called CodeRED. This allows Emergency Management personnel to send Public Safety messages, evacuation notices, and other timely warnings, by phone, text, and/or email.  Citizens and businesses are encouraged to use a new Community Signup feature where they are able to associate landline phones, cellular phones, and email addresses with a Martin County street address.  CodeRED allows notifications as broad as all-county, and as narrow as targeted evacuation zones, or small neighborhoods threatened by wildfire, flooding and other public safety emergencies.

FREE WEATHER WARNINGS

Another feature of the CodeRED system is localized weather warnings.  Citizens and businesses opting into the system can receive severe weather and tornado warnings when issued by the National Weather Service affecting portions of Martin County.  With Weather Warnings, the public can receive timely information regarding these threats and react with protective actions, such as going indoors, sheltering, etc.  Signing up for the warnings is as easy as a few mouse clicks and the warnings are automatically generated.

To sign up for CodeRED notifications and allow phone, text, or email information for delivery of important Public Safety messages and/or severe weather warnings, click here to see terms and conditions, and to complete your signup.

FREQUENTLY ASKED QUESTIONS FOR CodeRED

SIGN UP HERE

Martin County Emergency Notification System – CodeRED