Search Results for: market report

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

07.23.13 by

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

 

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

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

 

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

[singlepic id=3732 w=500 h=500 float=center]

 

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

[singlepic id=3733 w=500 h=500 float=center]

 

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

[singlepic id=3734 w=800 h=800 float=center]

 

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

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

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

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

[singlepic id=3735 w=700 h=700 float=center]

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

07.22.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

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

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

 

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

[singlepic id=3736 w=500 h=500 float=center]

 

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

[singlepic id=3737 w=500 h=500 float=center]

 

31 Homes Sold (Up by 4 homes from May)

[singlepic id=3738 w=800 h=800 float=center]

 

The Jensen Beach residential real estate market, zip code 34957 had a solid June 2013 with an increase in closed sales, only 1 fewer pending sales and a welcome increase of inventory.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased again, now only 3.6 months, a strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The June 2012 numbers were: 121 active listings, 88 pending sales and 25 home sales closed.  Jensen Beach , FL residential real estate continues to outperform many of the surrounding areas.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
[singlepic id=3739 w=600 h=600 float=center]

Search here for Jensen Beach Real Estate for Sale

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

 

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

Palm City Florida Market Report ZIP Code 34990 Condo June 2013

07.21.13 by

Palm City Florida Market Report ZIP Code 34990 Condo June 2013

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

 

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



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

[singlepic id=3752 w=500 h=500 float=center]

 

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

[singlepic id=3753 w=500 h=500 float=center]

 

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

[singlepic id=3754 w=800 h=800 float=center]

 

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

 

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

[singlepic id=3755 w=700 h=700 float=center]

 

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 Florida Market Report ZIP Code 34990 Condo June 2013

Palm City Florida Market Report ZIP Code 34990 Residential June 2013

07.20.13 by

Palm City Florida Market Report ZIP Code 34990 Residential June 2013

 

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

 

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


There are currently 382 active listings (A decrease of 9 homes from May)

[singlepic id=3740 w=500 h=500 float=center]

 

162 Residential sales are pending and awaiting close or lender approval. (A decrease of 5 homes from last month)

[singlepic id=3741 w=500 h=500 float=center]

 

69 Homes Sold in June (Decreased by 8 home from May)

[singlepic id=3742 w=800 h=800 float=center]

 
For the second month in a row, pending and sold homes have eased in the Palm City, zip code 34990, area of Martin County Florida.  Inventory decreased by 9 homes, basically negating the 9 home increase from last month. 
 
The current absorption rate rose slightly to 5.5 months, which still indicates a slight sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The June 2012 numbers were:  441 active listings, 189 pending sales and 70 closed sales.  Even with a significantly reduced inventory, closed sales remain comparable to last year.  Pending sales, as a percentage are close as well.

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

[singlepic id=3743 w=700 h=700 float=center]

Search here for Palm City Florida Real Estate for Sale

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Palm City Florida Market Report ZIP Code 34990 Residential June 2013

Stuart Florida Market Report ZIP Code 34997 Condo June 2013

07.17.13 by

Stuart Florida Market Report ZIP Code 34997 Condo June 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2013

 

For June 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 77 active condo listings (A decrease of 10 condos form May).

[singlepic id=3768 w=500 h=500 float=center]

 

32 Condo sales are pending and awaiting close or lender approval (Up 2 condos from May).

[singlepic id=3769 w=500 h=500 float=center]

 

8 Condos Sold in June (A decrease of 9 condos from May).

[singlepic id=3770 w=800 h=800 float=center]

 

A second slower month of activity for the Stuart condo market for the area in ZIP code 34997.  The only bright note is a stron pending sales number as sales were off for the past two months.  Inventory is also down to very low numbers as well.

The one month absorption rate rose to 9.6 months.  Now back to a buyers market, after months of sellers having the advantage.   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The June 2012 numbers were: 109 active listings, 26 pending sales and 12 closed sales.  Other than better pending numbers, the 34997 condo market is off from last year.  The very low inventory numbers are troubling for future activity.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
[singlepic id=3771 w=700 h=700 float=center] 
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential June 2013

07.16.13 by

Stuart Florida Market Report ZIP Code 34997 Residential June 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2013

 

There are currently 332 active listings (An increase of 34 homes from May).

[singlepic id=3728 w=500 h=500 float=center]

172 Residential sales are pending and awaiting close or lender approval (A decrease of 18 home from May).

[singlepic id=3772 w=500 h=500 float=center]

 

68 Homes Sold in June (Down 16 homes from May)

[singlepic id=3730 w=800 h=800 float=center]

 

For June 2013, the Stuart Florida Market Report ZIP Code 34997 bucked the trend from the other two zip codes in Stuart with a sharply higher inventory and decreased pending and closed numbers.  Whether this is just a seasonal fluctuation or a trend, it’s just to early to call.  But, as prices have started to increase it looks like some latent seller demand is coming to the market.
 
The current one month absorption rate rose to 4.9 months which still indicates a sellers market ( though it’s up from last months 3.5 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.   Prices have started to rise in this zip code area of Martin County, which is probably one reason for the increased inventory.
 
The 2012 numbers were: 356 active listings, 204 pending listings and 78 closed sales.  Slightly less activity for this year, but fairly close when the reduced inventory is taken into consideration.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
 
 [singlepic id=3731 w=700 h=00 float=center]

Search here for Stuart Florida Real Estate for Sale

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

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34997 Residential June 2013

Stuart Florida Market Report ZIP Code 34996 Condo June 2013

07.15.13 by

Stuart Florida Market Report ZIP Code 34996 Condo June 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2013

For June 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 184 active condo listings (Down 11 from last month).

[singlepic id=3760 w=600 h=600 float=center]

 

31 Condo sales are pending and awaiting close or lender approval (A decrease of 2 condos from May).

[singlepic id=3761 w=600 h=600 float=center]

 

17 Condos Sold in June (Down by 8 from May)

[singlepic id=3762 w=600 h=600 float=center]

 

 Some easing in the Stuart Florida Market Report ZIP Code 34996 for Condos for June 2013.   Both pending and closed sales were off (and this for the second month in a row).  After a slight rise in inventory last month, June saw a decrease of 11 listings.  After a very strong spring, it appears that the seasonal nature of this condo market is manifesting itself.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose to 10.8 months. Back to a fairly significant buyers market for June of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for June 2012 were: 185 active listings, 27 pending sales and 20 closed sales.   Other than improved pending numbers, this years activity is a bit of a disappointment.

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

[singlepic id=3763 w=600 h=600 float=center]

Search here for Stuart Florida Real Estate for Sale ( Condos)

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 Condo June 2013

Stuart Florida Market Report ZIP Code 34996 Residential June 2013

07.14.13 by

Stuart Florida Market Report ZIP Code 34996 Residential June 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2013

 

For June, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 153 active listings (Decreased by 8 homes from May).

[singlepic id=3723 w=500 h=500 float=center]

 

42 Residential sales are pending and awaiting close or lender approval (Decreased by 13 from May).

[singlepic id=3724 w=500 h=500 float=center]

 

21 Homes Sold in June (Increased by 2 homes from May).

[singlepic id=3725 w=800 h=800 float=center]

 

In the 34996 zip code area of Stuart Florida real estate market activity for June 2013 closed sales increased again, by 2 homes while pending sales were off by 13.  Sales activity remains strong and we are seeing multiple offers on some well priced desirable properties.  The inventory dropped to only 153 homes available for sale.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 7.2 months, which is still a slight buyer’s market.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for June of 2012 were: 159 active listings, 32 pending sales and 8 closed sales.  Market activity has improved from June of 2012, although only marginally.  There have been some advances in sales in the higher priced homes which have been difficult sales in the past few years.

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

[singlepic id=3727 w=700 h=700 float=center]

Search here for Stuart Florida Real Estate for Sale


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

 

Stuart Florida Market Report ZIP Code 34996 Residential June 2013

Stuart Florida Market Report ZIP Code 34994 Condo, June 2013

07.13.13 by

Stuart Florida Market Report ZIP Code 34994 Condo, June 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2013

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

 

There are currently 112 active condo listings (Decreased by 1 condo from May).

[singlepic id=3756 w=500 h=500 float=center]


 

52 Condo sales are pending and awaiting close or lender approval. (Up by 10 condos from last month)

[singlepic id=3757 w=500 h=500 float=center]

 

17 Condos Sold in June (Decreased by 13 condos from May).

[singlepic id=3759 w=800 h=800 float=center]

 

 

Mixed signals for the Stuart Condo market for zip code 34994.   Pending sales increased significantly by 10 condos in June while closed sales decreased to only 17 units.   The inventory declined again, but only by 1 condo.  This low inventory June result in decreasing market numbers in the coming months.

The one month absorption rate jumped up to 6.6 months, a very slight buyers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last June the numbers were 140 active listings, 40 pending sales, and 12 closed sales.  Even with the reduced activity from last month, this years numbers are a significant improvement over June of 2012.

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

[singlepic id=3758 w=700 h=700 float=center]

Search here for Stuart Florida Real Estate for Sale ( Condos)

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

Stuart Florida Market Report ZIP Code 34994 – Condo, June 2013

Stuart Florida Market Report ZIP Code 34994 Residential June 2013

07.10.13 by

Stuart Florida Market Report ZIP Code 34994 Residential June 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2013

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

 

There are currently 54 active listings (Down 2 from May).

[singlepic id=3719 w=400 h=400 float=center]

 

36 Residential sales are pending and awaiting close or lender approval (Down 6 homes from May).

[singlepic id=3720 w=400 h=400 float=center]

 

11 Homes Sold in May (Increased by 2 homes from May)

[singlepic id=3721 w=800 h=800 float=center]

 

Closed sales were up by two homes in the 34994 ZIP code area of the Stuart, Florida.   Available homes for sale (Inventory) are now down to only 54 homes.   Pending sales were off a little for May, but still remain strong for the size of this market.  If the inventory remains at these low levels, sales numbers will be declining in the future.  But, if prices continue to rise, I will be expecting a growth in inventory for the approaching winter season.

The one month absorption rate for the 34994 zip code for June dropped to 4.9 months. which signifies a seller’s market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2012 numbers were 70 Active Listings, 50 pending sales and 9 closed sales.  Considering the lower inventory this year as compared to last, market activity is quite strong for the 34994 zip code area of this Stuart residential home market.

 

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

 [singlepic id=3726 w=700 h=700 float=center]

Search here for Stuart Florida Real Estate for Sale

 

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

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34994 Residential June 2013

Sewalls Point Residential Market Report June 2013

07.09.13 by

Sewalls Point Residential Market Report June 2013

Sewalls Point Real Estate Snapshot, Residential Sales for June 2013

 

There are currently 52 active listings (a decrease of 6 homes for sale from May)

[singlepic id=3715 w=400 h=400 float=center]

 

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

[singlepic id=3716 w=400 h=400 float=center]

 

8 Homes sold in May (An increase of 1 home from May)

[singlepic id=3717 w=800 h=800 float=center]

 

 

 For June, in the Sewalls Point residential real estate market remained strong with 8 closed sales, including a $2.6 million waterfront sale.  Unfortunately, pending sales were off by 7 homes, possibly indicating a slower summer season ahead.  The inventory of available homes is now down to only 52 homes.

The absorption rate dropped to 6.5 months.  Basically, a balanced market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to June of 2012, the inventory was 57 homes on the market, 14 pending sales and there were 5 closed sales.  Better activity this year, when the lower inventory is factored in.  The drop in pending sales is troubling.

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

[singlepic id=3718 w=700 h=700 float=center]

Search here for Sewalls Point Florida Real Estate for Sale

Search for Martin County Real Estate


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

 

Sewalls Point, FL Real Estate

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Market Report – Residential, June 2013

Martin County Florida Condo Market Report for May 2013

07.07.13 by

Martin County Florida Condo Market Report for May 2013

 

Commentary:

The Martin County Florida Condo Market for May 2013 was strong, though it retreated considerably from the excellent April numbers.   85 condos sold in May (compared to 128 in April).   Better numbers, year to year, but not excellent.  The inventory of available condos dropped again (fifth month in a row) to only 544 condos.  This low number is beginning to effect prices and at long last it appears that condo prices are starting to rise.   The median sales price was down compared to April, but this is a reflection of the larger number of lower priced condos that sold this month, rather than decreasing value.  Summer is upon us and typically the condo market slows down during the summer months.

The one month absorption rate increased to 6.4 months from last months 4.46 months, while the three-month average is now at 5.71 months.  Basically a balanced market for the time being.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

The low inventory rates and rising interest rates are troubling and could possibly have a negative effect on the condo market recovery.

[singlepic id=3707 w=800 h=600 float=center]
  

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

[singlepic id=3708 w=800 h=600 float=center]

[singlepic id=3709 w=800 h=600 float=center]

[singlepic id=3710 w=800 h=600 float=center]

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for May 2013

the Gabe Sanders real estate team

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

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate


Martin County Florida Residential Market Report for May 2013

07.06.13 by

Martin County Florida Residential Market Report for May 2013

 

Commentary:

The Martin County Florida Residential Market Report for May 2013 continues the strong trend for 2013.   Considering that the available inventory has shrunk considerably, the number of sales for the month is quite impressive.  In fact, our inventory levels are approaching numbers that may have a negative effect on sales volume in the upcoming months.  Additionally, interest rates have been heading up recently.  Hopefully, this will not negatively impact our recovery. 

The median sales price was off from last month, but the average was slightly higher.  The inventory declined to only 1000 homes.   The one month absorption rate for May 2013 increased slightly to 4.74 months (from 4.52 months in April), and the three-month average is now down to 4.54 months.  A 6 month absorption rate is considered to be a balanced market, so we are officially in a a sellers market in Martin County.  As late summer and fall approaches, we typically can expect a small decline in activity.

We are still in need of good news about the economy as well as additional inventory to keep our real estate market recovery going strong.

Please feel free to contact us if you have any difficulty interpreting these charts.

[singlepic id=3711 w=800 h=600 float=center]

The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

[singlepic id=3712 w=800 h=600 float=center]

[singlepic id=3713 w=800 h=600 float=center]

[singlepic id=3714 w=800 h=600 float=center]

 

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Residential Market Report for May 2013

the Gabe Sanders real estate team

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

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate

Hobe Sound Florida Market Report ZIP Code 33455 Condo, May 2013

06.24.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo, May 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2013

 

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

 

There are currently 21 active condo listings. (Unchanged from April)

[singlepic id=3659 w=600 h=600 float=center]

[singlepic id=3660 w=600 h=600 float=center]

 

5 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from April)

[singlepic id=3661 w=600 h=600 float=center]

 

4 Condos sold in May (Down 1 condos from April)

[singlepic id=3662 w=600 h=600 float=center]

[singlepic id=3663 w=600 h=600 float=center]

[singlepic id=3664 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales were only 4 units for May and pending sales were off slightly.  Meaningful interpretation of this market is fairly meaningless with the low number of available condos for sale.

The one month absorption rate jumped to 5.25 months, signifying a return to a seller’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The May 2012 numbers were:  33 active listings, 8 pending sales and 1 closed sales.   Still doing better this year when considering the tiny inventory of condos available for sale in Hobe Sound.


Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo, May 2013

 

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

06.23.13 by

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

 

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

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

 

There are currently 228 active listings. ( Up by 1 home from April)

[singlepic id=3623 w=600 h=600 float=center]

[singlepic id=3624 w=600 h=600 float=center]

105 Residential sales are pending and awaiting close  (A decrease of 1 home from April)

[singlepic id=3625 w=600 h=600 float=center]

50 Homes Sold in May (Down by 1 home from last month)

[singlepic id=3626 w=600 h=600 float=center]

[singlepic id=3627 w=600 h=600 float=center]

[singlepic id=3628 w=600 h=600 float=center]

 

Strong sales activity for a third month in a row for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Numbers for May were almost identical for April.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.6 months from the 4.5 of last month.  Hobe Sound is now a strong seller’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2012 were:  285 active listings, 99 pending sales and 43 closed sales.   Considering the reduced inventory as compared to 2012, the market activity continues to grown and improve for the Hobe Sound residential real estate market.

 

Search here for Hobe Sound Florida Real Estate for Sale

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

 

Hobe Sound, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach Florida Market Report ZIP Code 34957 Condo May 2013

06.22.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Condo May 2013

 

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

 

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

There are currently 44 active listings. ( A decrease of 7 condos from April)

[singlepic id=3665 w=600 h=600 float=center]

[singlepic id=3666 w=600 h=600 float=center]

 

24 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from April)

[singlepic id=3667 w=600 h=600 float=center]

 

7 Condos Sold (Decreased by 8 condos from April)

[singlepic id=3668 w=600 h=600 float=center]

[singlepic id=3669 w=600 h=600 float=center]

[singlepic id=3670 w=600 h=600 float=center]


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an almost all time low.   Closed and pending sales were off for May, while the small inventory declines further.

The one month absorption rate for the May 2013, Jensen Beach Florida Market Report ZIP Code 34957 is 6.3 months.   Basically a balanced market, as a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The May 2012 numbers were: 58 active listings, 26 pending sales and 8 condos closed.   Similar activity to last May.


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 Condo May 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential May 2013

06.21.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential May 2013

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

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

 

 There are currently 103 active listings. (A decrease of 13 homes from last month)

[singlepic id=3629 w=600 h=600 float=center]

[singlepic id=3630 w=600 h=600 float=center]

 

76 Residential sales are pending and awaiting close or lender approval. (Down 8 homes from April)

[singlepic id=3631 w=600 h=600 float=center]

 

27 Homes Sold (Down by 5 homes from April)

[singlepic id=3632 w=600 h=600 float=center]

[singlepic id=3633 =600 h=600 float=center]

[singlepic id=3634 w=600 h=600 float=center]

 

The Jensen Beach residential real estate market, zip code 34957 for May eased a bit from the strong April with 5 fewer closed sales as well as less pending inventory as well.   The available inventory is also down.  Pressure is on for higher prices but the market is resisting it with fewer sales.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is currently 3.8 months, now a strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The May 2012 numbers were: 139 active listings, 82 pending sales and 18 home sales closed. Still a strong market compared to last year when the available inventory is factored in.

Search here for Jensen Beach Real Estate for Sale

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

 

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

Jensen Beach Florida Market Report ZIP Code 34957 Residential May 2013

Palm City Florida Market Report ZIP Code 34990 Condo May 2013

06.19.13 by

Palm City Florida Market Report ZIP Code 34990 Condo May 2013

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

 

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



There are currently 52 active condo listings. (Down 6 condos from April)

[singlepic id=3695 w=600 h=600 float=center]

[singlepic id=3696 w=600 h=600 float=center]

 

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

[singlepic id=3697 w=600 h=600 float=center]

 

3 Condos Sold in May. (Down 4 condos from April)

[singlepic id=3698 w=600 h=600 float=center]

[singlepic id=3699 w=600 h=600 float=center]

[singlepic id=3700 w=600 h=600 float=center]

 

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.   Sales were only 3 units for May, yet the pending numbers were up, indicating some good closed activity for the next few months (if they all close).  Inventory is now down to only 52 condos for Palm City.
 
The current absorption rate for condos in the 34990 zip code area jumped to 17.3 months.  An extreme buyers market for this month, as a balanced market is considered to be an absorption rate of around 6 months.
 
The May 2012 numbers were: 66 active listings, 8 pending sales and 2 closed sales.   Considerably better activity for 2013 than last year.

 

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 Florida Market Report ZIP Code 34990 Condo May 2013

Palm City Florida Market Report ZIP Code 34990 Residential May 2013

06.18.13 by

Palm City Florida Market Report ZIP Code 34990 Residential May 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for May 2013

 

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


There are currently 391 active listings (An increase of 9 homes from April)

[singlepic id=3635 w=600 h=600 float=center]

[singlepic id=3636 w=600 h=600 float=center]

167 Residential sales are pending and awaiting close or lender approval. (A decrease of 19 homes from last month)

[singlepic id=3637 w=600 h=600 float=center]

77 Homes Sold in May (Increased by 1 home from April)

[singlepic id=3638 w=600 h=600 float=center]

[singlepic id=3639 w=600 h=600 float=center]

[singlepic id=3640 w=600 h=600 float=center]

 
For the Palm City, zip code 34990, area of Martin County Florida the residential market activity showed some signs of easing the torrid pace of this spring.  Closed sales increased by 1 home while the number of pending sales were off by 19.  On a positive note, the available inventory rose, making more homes available for those looking to buy.
 
The current absorption rate remains at 5 months.   The Palm City residential real estate market is a sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2012 numbers were:  462 active listings, 203 pending sales and 70 closed sales.  Closed sales remain strong as compared to last year.  Pending sales were weaker, but there is a significantly lower inventory as a cause.

 

Search here for Palm City Florida Real Estate for Sale

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

Palm City Florida Market Report ZIP Code 34990 Residential May 2013

Stuart Florida Market Report ZIP Code 34997 Condo May 2013

06.17.13 by

Stuart Florida Market Report ZIP Code 34997 Condo May 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2013

 

For May 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 87 active condo listings (A decrease of 14 condos form April).

[singlepic id=3689 w=600 h=600 float=center]

[singlepic id=3690 w=600 h=600 float=center]

 

30 Condo sales are pending and awaiting close or lender approval (Up 1 condo from April).

[singlepic id=3691 w=600 h=600 float=center]

 

17 Condos Sold in May (A decrease of 17 condos from April).

[singlepic id=3692 w=600 h=600 float=center]

[singlepic id=3693 w=600 h=600 float=center]

[singlepic id=3694 w=600 h=600 float=center]

 

After an exceptionally strong April, the Stuart condo market for the area in ZIP code 34997 eased considerably with only half as many closed sales.  Pending sales remained strong and the inventory took a big drop. 

The one month absorption rate rose to 5.7 months.  This is still a sellers market, but not the strong one of last month.  A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The May 2012 numbers were: 110 active listings, 29 pending sales and 14 closed sales.  These numbers are fairly similar to May of 2012.  I expect a retreat in the coming months as the summer season is typically slow for the condo market.

 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2013