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Sewalls Point Single Family Market Report October 2019

Sewalls Point Single Family Market Report October 2019

Sewalls Point Real Estate Snapshot, Residential Sales for October 2019

There are currently 37 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report October 2019

14 home sales are pending and awaiting close or lender approval (Up by 6 homes from September)

Sewalls Point Single Family Market Report October 2019

2 Homes sold in September (Decreased by 3 homes from September)

Sewalls Point Single Family Market Report October 2019

The single-family real estate market in Sewalls Point had another decrease in closed sales for October.  Pending sales though are looking strong which should result in better-closed sales in the coming months..  The available inventory of homes for sale has now shrunk to pretty small numbers.

The absorption rate jumped up to 18.5 months, in September it was 8.0 months.  A strong buyer’s market for the Sewalls Point single-family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer has an advantage.

Comparing the results to October 2018, the inventory was 57 homes on the market, 6 pending sales and there were 7 closed sales.  There was considerable greater sales activity last year on a much larger inventory of available homes for sale.  Pending sales, on the other hand, are stronger this year.

Sewalls Point Single Family Market Report October 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

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

Click here to view previous Sewalls Point market reports.

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

Sewalls Point Single Family Market Report October 2019

 

Florida Single Family Homes 2019 3’rd Quarter Report

Florida Single Family Homes 2019 3’rd Quarter Report

Click the image below to view the full details of the 2019 3’rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2019 3'rd Quarter Report

For the third quarter of 2019 for Florida single-family homes continues to show improved activity when compared to last year.  Both sales and prices had improved results.

To view, the full report click the image above or this link.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida single-family homes quarterly market reports

St Lucie County Single Family Homes September 2019 Market Report

St Lucie County Single Family Homes September 2019 Market Report

For September 2019, the St Lucie County Single Family Home Market had stronger sales activity when compared to last year. Closed sales were up by 24.0% (in August they were down by 1.5%) and new sales under contract (new pending sales) increased by 17.7% (they were up by 1.7% last month).

Prices were also up for the month.  The median sales price was up by 3.5% (was up by 4.4% in August).  The average sales price was up by 5.1% (it was up by 1.8% in August).

The number of available home listings increased by 52 homes to 1,733 homes.  This inventory is 3.1% smaller than last year.  The current supply of homes is 3.6 months (it was 3.7 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes September 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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.

St Lucie County Single Family Homes September 2019 Market Report

Martin County Single Family Homes September 2019 Market Report

Martin County Single Family Homes September 2019 Market Report

The Martin County Single Family Homes September 2019 Market Report showed slightly stronger sales activity when compared to last September.  Closed sales were unchanged from last month (were down by 9.2% in August).  While new pending sales increased by 8.9% as compared to September 2018 (they decreased by 2.9% in August).

Prices were up significantly for September.  The median sales price was up by 18.9% from last year (up by 2.5% in August) while the average sales price increased by 24.9% (was down by 12.5% last month).

The inventory of available single-family homes decreased from last month by 66 homes to 871 units for September,  this is a 0.3% less inventory than last September.  The current supply of homes is 4.5 months.  For September of last year, it was a 4.3 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2019 Market Report

Click here to view or download the full report

Click here to view the previous Martin County single-family homes market reports

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.

Conquistador Homes and Condos Market Report November 2019

Conquistador Homes and Condos Market Report November 2019

Homes:  There are no homes currently on the market in Conquistador Estates.

There is one home currently under contract.  The list price was $347,900 which works out to $218.81 per sq. ft. of living area.  This home was on the market for 172 days prior to going under contract.

In the past 12 months, there have been 4 homes sold in Conquistador Estates.  The sales prices ranged from $270,000 up to $395,000.  This is an average sales price of $322,250 which works out to $174.23 per sq. ft. of living area.  These homes were on the market for an average of 63 days prior to going under contract and sold for an average of 96% of list price.

Condos: There are currently 3 condos for sale in Conquistador.  Listing prices start at $145,000 and go up to $169,900.  The average list price is $154,967 which equals $144.02 per sq. ft. of living area.

3 Condos are under contract awaiting settlement.  List prices ranged from $175,000 up to $194,000 for an average of $183,000 which works out to $151.21 per sq. ft. of living area.  These condos were on the market for an average of 46 days prior to going under contract.

In the past 12 months, 21 condos have sold in Conquistador.  Sales prices ranged from $104,500 up to $220,000.  The average sales price was $153,257 which equals $136.18 per sq. ft. of living area. These sales averaged a 97% list to sales ratio as well as going under contract in an average of 49 days after being listed.

Click here to view the previous Conquistador market reports

About Conquistador Homes and Condos in Stuart FL:

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single-family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you November have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Conquistador Homes and Condos Market Report November 2019

The Estuary October 2019 Market Report

The Estuary October 2019 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the October 2019 market report for this gated community:

Homes

There are 3 homes for sale in the Estuary.  List prices range from $349,900 up to $919,000.  This is an average list price of $561,300 which equals $236.09 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $299,999 or $189.75 per sq. ft. of living area.  This home was on the market for 11 days before going under contract.

In the past 12 months, 5 Estuary homes have sold.  Sales prices ranged from $269,900 up to $672,100.  This equals an average sales price of $385,400 which works out to $190.74 per sq. ft. of living area. These homes sold for an average of 95% of list price and went under contract in an average of 166 days.

Condos

There are 2 condos currently available for purchase in the Estuary.  List prices are $159,900 and $349,000.  This is an average list price of $254,450 or $200.16 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 4 condos have sold in the Estuary.  Sales prices were from $164,000 up to $182,500.  This equals an average sales price of $172,188 which works out to $163.68 per sq. ft. of living area.  These condos averaged 18 days on the market and sold for an average of 96% of list price.

Click here to view past Estuary market reports.

About the Estuary

The Estuary of Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.
The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

Different sections of the Estuary include well appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980’s and also called River Shores Plantation.  In 2002, a section of the Estuary was added with villas and smaller single family homes on Tillia Trail with their own community pool.  Larger single family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

 Search here for the Estuary of Stuart Homes

Search The Estuary Condos For Sale

 

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

The Estuary October 2019 Market Report

Stuart FL 34996 Residential Market Report September 2019

Stuart FL 34996 Residential Market Report September 2019

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

There are currently 125 active listings (Decreased by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2019 

21 Residential sales are pending and awaiting close (Down by 4 homes from August).

Stuart FL 34996 Residential Market Report September 2019

17 Homes Sold in September (Up by 1 home from August).

Stuart FL 34996 Residential Market Report September 2019

The 34996 zip code area of the Stuart Florida residential real estate didn’t have any significant change from last month.  We had a small drop in inventory.  Also, a small drop in pending sales. While we had a small increase in closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September dipped to 7.4 months as compared to 8.1 months for last month.  Remaining in a seller’s market for 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 September 2018 were: 151 active listings, 19 pending sales, and 13 closed sales.  Better market activity this year even though we have a smaller inventory of available condos for sale.

Stuart FL 34996 Residential Market Report September 2019

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

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

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

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

Click here for previous Stuart FL 34996 Residential Market Reports

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 September 2019

Sewalls Point Single Family Market Report September 2019

Sewalls Point Single Family Market Report September 2019

Sewalls Point Real Estate Snapshot, Residential Sales for September 2019

There are currently 40 active listings (Down by 2 homes from last month)

8 home sales are pending and awaiting close or lender approval (Up by 2 homes from August)

Sewalls Point Single Family Market Report September 2019

5 Homes sold in August (Decreased by 5 homes from August)

Sewalls Point Single Family Market Report September 2019

The single-family real estate market in Sewalls Point had a decrese in closed sales for September.  Pending sales were up for the month.  While the available inventory of homes for sale remains fairly steady.

The absorption rate jumped up to 8.0 months, in August it was 4.2 months.  Transitioning back into a buyer’s market for the Sewalls Point single-family home 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 September 2018, the inventory was 51 homes on the market, 8 pending sales and there were 8 closed sales.  There was better sales activity last year on a greater inventory of available homes for sale.  Pending sales remain the same.

Sewalls Point Single Family Market Report September 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

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

Click here to view previous Sewalls Point market reports.

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

Sewalls Point Single Family Market Report September 2019

 

St Lucie County Single Family Homes August 2019 Market Report

St Lucie County Single Family Homes August 2019 Market Report

For August 2019 in the St Lucie County Single Family Home Market had weaker sales activity when compared to last year, while new pending sales activity increased slightly. Closed sales were down by 1.5% (in July they were up by 7.7%) and new sales under contract (new pending sales) increased by 1.7% (they were up by 11.5% last month).

Prices were up for the month.  The median sales price was up by 4.4% (was up by 5.0% in July).  The average sales price was up by 1.8% (it was up by 7.2% in July).

The number of available home listings decreased by 57 homes to 1,733 homes.  This inventory is still 6.1% higher than last year.  The current supply of homes is 3.7 months (it was 3.6 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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.

St Lucie County Single Family Homes August 2019 Market Report

Martin County Single Family Homes August 2019 Market Report

Martin County Single Family Homes August 2019 Market Report

The Martin County Single Family Homes August 2019 Market Report showed weaker closed sales activity when compared to last August.  Closed sales were down by 4.3% (were down by 9.2% in July).  While new pending sales decreased by 2.9% as compared to August 2018 (they increased by 7.5% in July).

Price changes were mixed for August.  The median sales price was up by 2.5% from last year (up by 3.2% in July) while the average sales price decreased by 12.5% (was up by 8.1% last month).

The inventory of available single-family homes decreased from last month by 15 homes to 947 units for August,  this is a 5.2% greater inventory than last August.  The current supply of homes is 4.9 months.  For August of last year, it was a 4.5 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view the previous Martin County single-family homes market reports

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.

The Meadows Palm City September 2019 Market Report

The Meadows Palm City September 2019 Market Report

There are currently 10 homes for sale in the Meadows in Palm City FL.  List prices range from $249,999 up to $389,000.  This is an average list price of $323,980 which equals $180.48 per sq. ft. of living area.

There are currently 11 homes under contract in the Meadows.  These homes were listed from $169,900 up to $395,000.  This is an average list price of $266,664 which is $167.25 per sq. ft. of living area.  These homes averaged 55 days on the market before going under contract.

In the past 12 months, there have been 43 sales in the Meadows.  Sales prices ranged from a low of $150,000 up to $437,500.  This is an average sales price of $247,902 or $156.65 per sq. ft. of living area.  These homes went under contract in an average of 36 days and sold for an average of 97% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Meadows History:

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Homes in the Meadows

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Search for the Meadows Homes for Sale

The Meadows Palm City September 2019 Market Report

Stuart FL 34996 Residential Market Report August 2019

Stuart FL 34996 Residential Market Report August 2019

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

There are currently 130 active listings (Decreased by 8 homes from July).

Stuart FL 34996 Condo Market Report August 2019 

25 Residential sales are pending and awaiting close (Up by 2 homes from July).

Stuart FL 34996 Condo Market Report August 2019

16 Homes Sold in August (Down by 4 homes from July).

Stuart FL 34996 Condo Market Report August 2019

The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’s market for 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 August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

Stuart FL 34996 Condo Market Report August 2019

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

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

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

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 August 2019

Sewalls Point Single Family Market Report August 2019

Sewalls Point Single Family Market Report August 2019

Sewalls Point Real Estate Snapshot, Residential Sales for August 2019

There are currently 42 active listings (No changes from last month)

Sewalls Point Single Family Market Report August 2019

6 home sales are pending and awaiting close or lender approval (Down by 9 homes from July)

Sewalls Point Single Family Market Report August 2019

10 Homes sold in July (Increased by 2 homes from July)

Sewalls Point Single Family Market Report August 2019

The single-family real estate market in Sewalls Point is continuing with stronger activity than in recent years.  Pending sales were quite weak this month and this may be a result of the hurricane scare that we had during the latter half of the month.

The absorption rate dropped to 4.2 months, in July it was 5.3 months.  Remaining in a seller’s market for the Sewalls Point single-family home 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 2018, the inventory was 52 homes on the market, 12 pending sales and there were 3 closed sales.  Considerably better sold numbers on a reduced number of available homes for sale this year.  Pending sales, however, are off for this year.

Sewalls Point Single Family Market Report August 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point 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.

Sewalls Point Single Family Market Report August 2019

 

St Lucie County Single Family Homes July 2019 Market Report

St Lucie County Single Family Homes July 2019 Market Report

For July 2019 in the St Lucie County Single Family Home Market had improved sales activity when compared to last year. Closed sales were up by 7.7% (in June they were up by 13.6%) and new sales under contract (new pending sales) increased by 11.5% (they were up by 5.4% last month).

Prices were also up for the month.  The median sales price was up by 5.0% (was up by 4.6% in June).  The average sales price was up by 7.2% (it was down by 4.7% in June).

The number of available home listings decreased by 37 homes to 1,790 homes.  This inventory is still 14.0% higher than last year.  The current supply of homes is 3.8 months (it was 3.5 months last year).  The St Lucie County single-family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes July 2019 Market Report

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.

St Lucie County Single Family Homes July 2019 Market Report

Martins Crossing Market Report September 2019

Martins Crossing Market Report September 2019

There are currently 6 homes for sale in Martins Crossing.  Prices range from $293,000 up to $399,000.  This is an average list price of $334,983 which equals $155.33 per sq. ft. of living area.

There are 2 homes currently under contract.  List prices were $329,000 and $349,900.  This equals an average list price of $339,450 which is $166.27 per sq. ft. of living area.  These homes went under contract in an average of 44 days.

In the past twelve months, 33 homes have sold in Martins Crossing.  Sales prices ranged from a low of $185,000 to a high of $395,000.  This equals an average sales price of $266,013 which works out to $145.43 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 38 days.

About Martins Crossing in Stuart FL:

 Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing in Stuart FL

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.

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Martins Crossing Market Report September 2019

Martin County Single Family Homes July 2019 Market Report

Martin County Single Family Homes July 2019 Market Report

The Martin County Single Family Homes July 2019 Market Report showed weaker closed sales activity when compared to last July.  new pending sales did rise, which may predict a greater number of closed sales in the coming months.  Closed sales were down by 9.2% (were down by 7.1% in June).  While new pending sales increased by 7.5% as compared to July 2018 (they decreased by 2.4% in June).

Prices, though, were up for July.  The median sales price was up by 3.2% from last year (up by 4.9% in June) while the average sales price increased by 8.1% (was down by 3.9% last month).

The inventory of available single-family homes decreased from last month by 39 homes to 962 units for July,  this is a 4.9% greater inventory than last July.  The current supply of homes is 4.9 months.  For July of last year, it was a 4.6 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes July 2019 Market Report

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.

Martin County Single Family Homes July 2019 Market Report

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

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

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

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

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

Sewalls Point Single Family Market Report July 2019

Sewalls Point Single Family Market Report July 2019

Sewalls Point Real Estate Snapshot, Residential Sales for July 2019

There are currently 42 active listings (Down by 16 homes from last month)

Sewalls Point Single Family Market Report July 2019

15 home sales are pending and awaiting close or lender approval (Up by 3 homes from June)

Sewalls Point Single Family Market Report July 2019

8 Homes sold in June (Increased by 1 home from June)

Sewalls Point Single Family Market Report July 2019

The single-family real estate market in Sewalls Point erased the rise in inventory from last month with an increase in pending sales and a small increase in closed sales.

The absorption rate dropped to 5.3 months, in June it was 8.3 months.  Transitioning back into a seller’s market for the Sewalls Point single-family home 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 July 2018, the inventory was 50 homes on the market, 6 pending sales and there were 9 closed sales.  Similar closed sales on a smaller number of homes for sale this year.  Pending activity is considerably better which may indicate better sales volume in the near future.

Sewalls Point Single Family Market Report July 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point 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.

Sewalls Point Single Family Market Report July 2019

 

Florida Single Family Homes 2019 2’nd Quarter Report

Florida Single Family Homes 2019 2’nd Quarter Report

Click the image below to view the full details of the Florida Single Family Homes 2019 2’nd Quarter Report as reported by Florida Realtors.

Florida Single Family Homes 2019 2'nd Quarter Report

The second quarter of 2019 for Florida single family homes had improved activity when compared to last year.  Both sales and prices had improved results.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com market data page.

Florida Single Family Homes 2019 2’nd Quarter Report

St Lucie County Single Family Homes June 2019 Market Report

St Lucie County Single Family Homes June 2019 Market Report

For June 2019 in the St Lucie County Single Family Home Market sales activity when compared to last year. Closed sales were up by 13.6% (in May they were up by 1.8%) and new sales under contract (new pending sales) increased by 5.4% (they were up by 5.7% last month).

Prices were also up for the month.  The median sales price was up by 4.6% (was up by 4.9% in May).  The average sales price was up by 4.7% (it was down by 0.7% in May).

The number of available home listings decreased by 115 homes to 1,827 homes.  This inventory is still 20.7% higher than last year.  The current supply of homes is 4.0 months (it was 3.3 months last year).  The St Lucie County single-family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes June 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2019 Market Report

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.

St Lucie County Single Family Homes June 2019 Market Report