Search Results for: florida single family market report

November 2014 Monthly Market Detail Martin County Single Family Homes

12.27.14 by

November 2014 Monthly Market Detail Martin County Single Family Homes

The November 2014 Monthly Market Detail Martin County Single Family Homes slowed in closed volume.  Year to year closed sales were down by 1.2% (was up 23.3% in October). New pending sales increased by 9% as compared to November of 2013 (increased by 4.6% in October). 

The median sales price was down by 1.5% from last year (up by 2.6% in October) while the average price decreased by 8.8% (was up by 26.8% last month).  We appear to be in somewhat of a roller coaster ride in the past three months as far as prices are concerned.  Difficult to determine any meaningful trends at this time.

The inventory of available single family homes increased from October 2014 by 7 homes to 1,260 units this month, and is a 0.5% increase from last November.  Current supply of inventory remains unchanged at 6.1 months from last month’s 6.1 (a 10.1% decrease from last year).  Martin County single family home sales remain in a balanced market favoring neither the buyer nor seller.

November 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:  November 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.

November 2014 Monthly Market Detail Martin County Single Family Homes

November 2014 Monthly Market Detail Florida Single Family Homes

12.24.14 by

November 2014 Monthly Market Detail Florida Single Family Homes

The November 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed continued improvement for the single family real estate market as compared to last November (2013).  Closed sales were up by 10.7% (was up by 17.8% in October) and new sales under contract (new pending sales) increased by 6.1% (was up by 4.7% in October).

Both median and average sales prices continue to rise ( November 2013 to November 2014) by 3.5% and 3.3% respectively, compared to October’s 4.6% and 6.1%.   We’ve appeared to slow down in the rate of appreciation in the past few months.  This is a good sign as prices will not be forcing as many buyers out of the market.  Historically a 3 to 4% yearly appreciation is very normal for real estate.

The inventory of available homes for sale rose by 2.3% from last year.  This is now a full 14 months 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 5.3 months supply of inventory, this is a healthy market with a slight edge to sellers. (November of 2013 had a 5.6 month supply)

November 2014 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:
November 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.

November 2014 Monthly Market Detail Florida Single Family Homes

Sewalls Point Single Family Market Report November 2014

12.09.14 by

Sewalls Point Single Family Market Report November 2014

Sewalls Point Real Estate Snapshot, Residential Sales for November 2014

 

There are currently 57 active listings (Up by 12 homes October)

Sewalls Point Single Family Market Report November 2014

8 Residential sales are pending and awaiting close or lender approval (No change from last month)

Sewalls Point Single Family Market Report November 2014

6 Homes sold in November (Increased by 4 homes from October)

Sewalls Point Single Family Market Report November 2014

 

The Sewalls Point single family homes market activity for November 2014 finally had a nice little increase in closed sales after a pretty dismal summer.  While this is an improvement, it’s still no very good.  Inventory rose for the month while pending sales remained unchanged.

The current absorption rate is 9.5 months, in September it was 22.5 months.  Sewalls Point remains a buyers market for November.  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 November of 2013, the inventory was 46 homes on the market, 7 pending sales and there were 1 closed sales.  Somewhat better results for 2014.  Though there is still plenty of room for improvement.

Sewalls Point Single Family Market Report November 2014
 

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Sewalls Point Single Family Market Report November 2014

 

October 2014 Monthly Market Detail St Lucie County Single Family Homes

11.30.14 by

October 2014 Monthly Market Detail St Lucie County Single Family Homes

October 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 21.4% (in September they were up by 31.8%) and new sales under contract (new pending sales) decreased by 17.7% (they were up by 15.6% last month).

Both median and average sales prices were up again (year to year) by 12.8% and 8.5% respectively from last October (For last month these figures were 17.8% and 16.4%).  The early spring and summer had a more moderate rate of appreciation as compared to last year, but it appears to have gained momentum once again for the past three months.

The inventory of active listings decreased in October (from last month) by 30 homes to 1,832, which is now under last year’s inventory by 11.4%.  The current supply of inventory is only 3.8 months (a 20.1% decrease from last year).   A strong sellers market for the Saint Lucie County single family home market.  Inventory will soon become a problem as it has been decreasing for many months in a row.

October 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  October 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.

October 2014 Monthly Market Detail St Lucie County Single Family Homes

October 2014 Monthly Market Detail Martin County Single Family Homes

11.28.14 by

October 2014 Monthly Market Detail Martin County Single Family Homes

The October 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 23.3% (was up 23.3% in September). New pending sales increased by 4.6% as compared to October of 2013 (increased by 14.1% in September). 

The median sales price was up by 2.6% from last year (up by 4% in September) while the average price increased by 26.8% (was down by .5% last month).  Some considerably better appreciation this month compared to September.

The inventory of available single family homes increased from September 2014 by 24 homes to 1,253 units this month, and is a 2.5% increase from last October.  Current supply of inventory increased to 6.1 months from last month’s  6.0 (a 10% decrease from last year).  Currently, Martin County has a balanced market for single family home sales.

October 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:  October 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.

October 2014 Monthly Market Detail Martin County Single Family Homes

October 2014 Monthly Market Detail Florida Single Family Homes

11.26.14 by

October 2014 Monthly Market Detail Florida Single Family Homes

The October 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed continued improvement for the single family real estate market.  Year to year closed sales were up by 17.8% (was up by 13.5% in September) and new sales under contract (new pending sales) increased by 4.7% (was up by 10.6% in September).

Both median and average sales prices continue to rise ( October 2013 to October 2014) by 4.6% and 6.1% respectively, compared to September’s 5.9% and 4%.   Slow and steady appreciation is a sign of a stable and growing real estate market.

The inventory of available homes for sale rose by 4.2% from last year.  This is now a full thirteen months 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 5.4 months supply of inventory, this is a healthy market with a slight edge to sellers. (October of 2013 had a 5.5 month supply)

October 2014 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:
October 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.

October 2014 Monthly Market Detail Florida Single Family Homes

Sewalls Point Single Family Market Report October 2014

11.13.14 by

Sewalls Point Single Family Market Report October 2014

Sewalls Point Real Estate Snapshot, Residential Sales for October 2014

 

There are currently 45 active listings (Unchanged from September)

Sewalls Point Single Family Market Report October 2014

 

8 Residential sales are pending and awaiting close or lender approval (Up by 1 home from last month)

Sewalls Point Single Family Market Report October 2014

 

2 Homes sold in October (Increased by 2 homes from September)

Sewalls Point Single Family Market Report October 2014

 

The Sewalls Point single family homes market activity for October 2014 had two closed sales after nothing last month.  While this is an improvement, it’s still no very good.  Inventory was steady and pending sales rose by 1 home.

The current absorption rate is 22.5 months, in August it was 5.6 months.  This is an extreme buyers market for October.  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 October of 2013, the inventory was 47 homes on the market, 7 pending sales and there were 5 closed sales.  Better closed activity last year, though with similar pending activity, we may see some improvement in the coming months.

Sewalls Point Single Family Market Report October 2014 

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Sewalls Point Single Family Market Report October 2014

 

September 2014 Monthly Market Detail St Lucie County Single Family Homes

10.27.14 by

September 2014 Monthly Market Detail St Lucie County Single Family Homes

September 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 31.8% (in August they were up by 7.6%) and new sales under contract (new pending sales) decreased by 15.6% (they were up by 17.7% last month).

Both median and average sales prices were up again (year to year) substantially by 17.8% and 16.4% respectively from last September (For last month these figures were 9.6% and 14.3%).  After some slowing in the rate of appreciation, it appears to have increased for the past two months.

The inventory of active listings decreased in September (from last month) by 23 homes to 1,862, which is now under last year’s inventory by 2.7%.  The current supply of inventory is only 4.0 months (an 10.8% decrease from last year).   A strong sellers market for the Saint Lucie County single family home market.  Inventory will soon become a problem as it has been decreasing for many months in a row.

September 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  September 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.

September 2014 Monthly Market Detail St Lucie County Single Family Homes

September 2014 Monthly Market Detail Martin County Single Family Homes

10.25.14 by

September 2014 Monthly Market Detail Martin County Single Family Homes

The September 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 23.3% (was up 22.1% in August). New pending sales increased by 14.1% as compared to September of 2013 (increased by 23.9% in August). 

The median sales price was up by 4% from last year (down by .3% in August) while the average price decreased by .5% (was down by 6.8% last month).  I believe the slower price appreciation in the Marin County residential market is contributing to the active market..

The inventory of available single family homes decreased from August 2014 by 59 homes to 1,229 units this month, this still represents a 2.4% increase from last September.  Current supply of inventory decreased to 6 months from last month’s  6.4 (a 9% decrease from last year).  Currently, Martin County has a balanced market for single family home sales.

September 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:  September 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.

September 2014 Monthly Market Detail Martin County Single Family Homes

September 2014 Monthly Market Detail Florida Single Family Homes

10.23.14 by

September 2014 Monthly Market Detail Florida Single Family Homes

The September 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed more improvement for September and at a better rate than last month.  Year to year closed sales were up by 13.5% (was up by 4.2% in August) and new sales under contract (new pending sales) increased by 10.6% (was up by 3% in August).

Both median and average sales prices continue to rise ( September 2013 to September 2014) by 5.9% and 4% respectively, compared to August’s 3.4% and 4.3%.   Slow and steady appreciation is a sign of a stable and growing real estate market.

The inventory of available homes for sale rose by 7.2% from last year.  This is now a full twelve months 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 5.4 months supply of inventory, this is a healthy market with a slight edge to sellers. (September of 2013 had a 5.3 month supply)

September 2014 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:
September 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.

September 2014 Monthly Market Detail Florida Single Family Homes

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.

 

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Sewalls Point Single Family Market Report September 2014

 

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 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 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

Sewalls Point Single Family Market Report August 2014

09.11.14 by

Sewalls Point Single Family Market Report August 2014

Sewalls Point Real Estate Snapshot, Residential Sales for August 2014

 

There are currently 41 active listings (Down by 7 homes from July)

Sewalls Point Single Family Market Report August 2014

 

8 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from last month)

Sewalls Point Single Family Market Report August 2014

7 Homes sold in August (Increased by 2 homes from July)

Sewalls Point Single Family Market Report August 2014

 The Sewalls Point single family homes market activity for August 2014 had a nice increase in closed sales for the month.  Unfortunately pending sales were off which is an indication of possible slower activity in the near future. Also, somewhat troubling is the decrease in inventory, now down for four months in a row.

The absorption rate is currently 5.6 months, considerably improved over last months 9.6 and now Sewalls Point is in a sellers 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 August of 2013, the inventory was 46 homes on the market, 6 pending sales and there were 7 closed sales.  Similar numbers to last year, but with less inventory.

Sewalls Point Single Family Market Report August 2014

Sewalls Point, FL Real Estate

 

Sewalls Point Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Sewalls Point Single Family Market Report August 2014

 

July 2014 Monthly Market Detail St Lucie County Single Family Homes

08.28.14 by

July 2014 Monthly Market Detail St Lucie County Single Family Homes

July 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues with strong market activity and rising prices, with increased volume from last year.  Closed sales from last year were up by 17.6% (in June they were up by 16.2%) and new sales under contract (new pending sales) decreased by 4.2% (they were up by 7.7% last month).

Both median and average sales prices were up again (year to year) by 8.5% and 5.8% respectively from last July (For last month these figures were 11.5% and 7.2%).  The rate of appreciation has been slowing for the past few months, but still showing some strong growth in values.

The inventory of active listings decreased in July (from last month) by 61 homes to 1,914, which is still greater than last year by 15.7%.  Current supply of inventory is only 4.2 months (an 8.9% 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.

July 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  July 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.

July 2014 Monthly Market Detail St Lucie County Single Family Homes

July 2014 Monthly Market Detail Martin County Single Family Homes

08.26.14 by

July 2014 Monthly Market Detail Martin County Single Family Homes

The July 2014 Monthly Market Detail Martin County Single Family Homes showed continued strong market activity.  Martin County single family home sales exceeded the average in the state and continues to show excellent strength.  Year to year closed sales were up by 19.5% (was up only 19.6% in June). New pending sales increased by 21.1% as compared to July of 2013 (increased by 15.7% in June).  This continues strong trend that was not present at the beginning of the year.

The median sales price was up by 2.2% from last year (up by 13.7% in June) while the average price decreased by 2.9% (was up by 9.2% last month).  A moderating of price increases is a positive for future sales, keeping the rate of increase lower makes homes more affordable.

The inventory of available single family homes decreased from June 2014 by 97 homes to 1,294 units this month, this still represents a 20.6% increase from last July.  Current supply of inventory decreased to 6.6 months from last month’s 7.2 (a 7.8% increase from last year).  This market is in a slight advantage for buyers.

July 2014 Monthly Market Detail Martin County Single Family Homes

 

Click here to view or download the full report:  July 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.

July 2014 Monthly Market Detail Martin County Single Family Homes

July 2014 Monthly Market Detail Florida Single Family Homes

08.24.14 by

July 2014 Monthly Market Detail Florida Single Family Homes

The July 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors continues with improving market results, though at a bit of a slower rate than last month.  Year to year closed sales were up by 5% (was up by 14.6% in June) and new sales under contract (new pending sales) increased by 2,3% (was down by 4.1% in June).

Both median and average sales prices continue to rise ( July 2013 to July 2014) by 3.6% and 4.1% respectively, compared to June’s 5.2% and 4.2%.   While still positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale rose by 17.5% from last year.  This is now the tenth 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. (2013 had a 5.0 month supply)

July 2014 Monthly Market Detail Florida Single Family Homes

 

Click here to view or download the full report:
July 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.

July 2014 Monthly Market Detail Florida Single Family Homes

Sewalls Point Single Family Market Report July 2014

08.11.14 by

Sewalls Point Single Family Market Report July 2014

Sewalls Point Real Estate Snapshot, Residential Sales for July 2014

 

There are currently 48 active listings (Down by 5 homes from June)

Sewalls Point Single Family Market Report July 2014

13 Residential sales are pending and awaiting close or lender approval (Up by 2 homes from last month)

Sewalls Point Single Family Market Report July 2014

 

5 Homes sold in July (Unchanged from June)

Sewalls Point Single Family Market Report July 2014

 

The Sewalls Point single family homes market activity for July 2014 had the same number of closed sales as in June (and May).  The pending numbers rose slightly, while the available inventory is down for the third month in a row.  Activity for the Sewalls Point market has increased, though the decrease in inventory could be troubling for future sales.

The absorption rate is currently 9.6 months better than last months 10.6 but still of room for improvement. It’s not unusual to see a somewhat higher absorption rate for Sewalls Point as we are dealing with generally higher valued properties that can take a bit longer to sell on average.  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 July of 2013, the inventory was 47 homes on the market, 7 pending sales and there were 3 closed sales.  Much better results for July of 2014.

Sewalls Point Single Family Market Report July 2014

 

 

Sewalls Point, FL Real Estate

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Sewalls Point Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Sewalls Point Single Family Market Report July 2014

 

June 2014 Monthly Market Detail St Lucie County Single Family Homes

07.29.14 by

June 2014 Monthly Market Detail St Lucie County Single Family Homes

June 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues with strong market activity and rising prices, with increased volume from last year.  Closed sales from last year were up by 16.2% (in May they were up by 28.7%) and new sales under contract (new pending sales) increased by 7.7% (they were up by 3.2% last month).

Both median and average sales prices were up again (year to year) by 11.5% and 7.2% respectively from last June (For last month these figures were 8.3% and 9.9%).  Slightly less appreciation than last month, but still showing some strong groth in values.

The inventory of active listings decreased in June (from last month) by 60 homes to 1,975, which is still greater than last year by 15.7%.  Current supply of inventory is only 4.4 months (a 15.7% increase from last year).   Still a strong sellers market for the Saint Lucie County single family home market.  It is somewhat surprising that with this strong rise in values and sales that the current inventory level is decreasing.June 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  June 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.

June 2014 Monthly Market Detail St Lucie County Single Family Homes