Sewalls Point Single Family Market Report January 2016
Sewalls Point Real Estate Snapshot, Residential Sales for January 2016
There are currently 57 active listings (Up by 6 homes since last month)
15 home sales are pending and awaiting close or lender approval (Increased by 2 homes from December)
4 Homes sold in January (Up by 1 sales from December)
The single family real estate market in Sewalls Point remains challenging as many of the homes in this community are in the higher end of the price spectrum or some homes are older and in need of updating and the sellers feel the cache of this exclusive community warrants the listing price.
The current absorption rate dropped to 14.25 months, in December it was 17 months. Still a strong buyers market for Sewalls Point. Though, if the trend for improving sales continue, this may soon come to an end. 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 January of 2014, the inventory was 58 homes on the market, 10 pending sales and there were 3 closed sales. With very similar inventory, market activity is better for 2016 than for last year in Sewalls Point, but still plenty of room for improvement.
Search below for Sewalls Point Florida Real Estate for Sale
Rental Properties
Vacant Land Properties
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- Vacant Land Properties for Sale in Sewalls Point, Florida Between $0 – $200,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $200,000 – $300,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $500,000 – $600,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $1,100,000 – $1,200,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $1,900,000 – $2,000,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $2,400,000 – $2,500,000
Residential Properties
- Residential Properties for Sale in Sewalls Point, Florida Between $0 – $300,000
- Residential Properties for Sale in Sewalls Point, Florida Between $300,000 – $400,000
- Residential Properties for Sale in Sewalls Point, Florida Between $400,000 – $500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $500,000 – $600,000
- Residential Properties for Sale in Sewalls Point, Florida Between $600,000 – $700,000
- Residential Properties for Sale in Sewalls Point, Florida Between $800,000 – $900,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,100,000 – $1,200,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,200,000 – $1,300,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,900,000 – $2,000,000
- Residential Properties for Sale in Sewalls Point, Florida Between $2,400,000 – $2,500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $3,500,000 – $3,600,000
