Search Results for: martin county single family market report

March 2016 Monthly Market Detail Martin County Single Family Homes

04.27.16 by

March 2016 Monthly Market Detail Martin County Single Family Homes

The March 2016 Monthly Market Detail Martin County Single Family Homes continues as a sellers market though sales volume is not growing as robustly as last year but improved from February.  Year to year closed sales were up by 3.4% (was down 11.8% in February). New pending sales decreased by 0.8% as compared to March of 2015 (Decreased by 3.3% in February).

And prices continue to rise as the median sales price was up by 17.1% from last year (up by 8.9% in February) while the average price increased by 15.3% (was down by 5.1% last month).  As long as the inventory remains tight, prices will continue to rise.

The inventory of available single family homes increased slightly from last month by 19 homes to 1100 units for this month,  this is 1.0% less than last March.  Current supply of homes is 5.3 months, for March of last year it was a 5.6 months supply. (This is a 5.4% decrease from last year).  Still a sellers market for Martin County single family home sales.

March 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
March 2016 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.

March 2016 Monthly Market Detail Martin County Single Family Homes

March 2016 Monthly Market Detail Florida Townhouses and Condos

04.26.16 by

March 2016 Monthly Market Detail Florida Townhouses and Condos

The March 2016 Monthly Market Detail Florida Townhouses and Condos is now in a balanced market and not the super heated activity as we have experienced for the past two years.  Closed sales were down by 7.1% as compared to last months decrease of 5.4% and new sales under contract (new pending sales) decreased by 10.1% (In February there was a 10.5% decrease).  While on the single family side of the Florida real estate market this decrease in volume can be attributed to inventory, for condos and townhouses it appears to be strictly price related as the inventory has been gaining in the past few months.

The median sales price continued to rise, by 3.3% (up by 5.6% in February), while the average sales price decreased by 3.9% (was down 1.4% in February).  It appears that prices may not continue to rise very rapidly for this segment of the Florida real estate market.

The inventory increased by 6.7% from March of last year.  For March 2016 we have 6.3 months of inventory (was also 6.3 months in February) and compared to 6.0 for March 2015.  First time in two years that we are seeing an increase in inventory as well as being out of a sellers market.

March 2016 Monthly Market Detail Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
March 2016 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

March 2016 Monthly Market Detail Florida Townhouses and Condos

March 2016 Monthly Market Detail Florida Single Family Homes

04.25.16 by

March 2016 Monthly Market Detail Florida Single Family Homes

The March 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year.  Closed sales were down by 0.6% (was up by 0.4% in February) and new sales under contract (new pending sales) were down by 6.3% (was down by 3.6% in February).  The main reason fo the slowdown in sales is the shrinking inventory of available homes, though price increases in the past few years haven’t helped either.

Both median and average sales prices continue to rise ( March 2015 to March 2016) by 10.3% and 4.9% respectively, compared to February’s 11.1% and 9.2%.  Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 2.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for more than two years.  For March there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (March of 2015 had a 5.0 month supply)

March 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

March 2016 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.

March 2016 Monthly Market Detail Florida Single Family Homes

Stuart FL 34997 Residential Market Report March 2016

04.16.16 by

Stuart FL 34997 Residential Market Report March 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2016

 

There are currently 308 active listings (Decreased by 13 homes from February).

Stuart FL 34997 Residential Market Report March 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 40 homes from February).

Stuart FL 34997 Residential Market Report March 2016

78 Homes Sold in March (Increased by 20 homes from February)

Stuart FL 34997 Residential Market Report March 2016Stuart FL 34997 Residential Market Report March 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  Closed and pending sales made huge improvements from last month as this segment of the Stuart residential real estate market remains red hot.
     The current one month absorption rate plunged to 3.9 months (was 5.5 months for February).  A very strong sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for March, were: 351 active listings, 211 pending listings and 87 closed sales.  As hot as this market is, it was still outperformed last year, though there was a greater amount of inventory.
Stuart FL 34997 Residential Market Report March 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report March 2016

 

Sewalls Point Single Family Market Report March 2016

04.11.16 by

Sewalls Point Single Family Market Report March 2016

Sewalls Point Real Estate Snapshot, Residential Sales for March 2016

There are currently 70 active listings (Up by 14 homes since last month)

Sewalls Point Single Family Market Report March 2016

14 home sales are pending and awaiting close or lender approval (Increased by 2 homes from February)

Sewalls Point Single Family Market Report March 2016

6 Homes sold in March (No change in sales from February)

Sewalls Point Single Family Market Report March 2016

The single family real estate market in Sewalls Point had a surprising increase in inventory for March while sales remained unchanged, thus pushing the absorption rate higher.  Pending sales were up slightly.  There does seem to be increasing activity in Sewalls Point, though it does remain a slower moving market as many of the Sewalls Point properties are in the higher end range of the Martin County real estate market.

The current absorption rate rose to 11.7 months, in February it was 9.3 months. Still a great buyers market for Sewalls Point.  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 March of 2014, the inventory was 72 homes on the market, 17 pending sales and there were 3 closed sales.  Better closed activity when compared to last year and the inventory is also approaching last years numbers.

Sewalls Point Single Family Market Report March 2016

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Sewalls Point Single Family Market Report March 2016

 

February 2016 Monthly Market Detail St Lucie County Single Family Homes

03.31.16 by

February 2016 Monthly Market Detail St Lucie County Single Family Homes

February 2016 Monthly Market Detail St Lucie County Single Family Homes continued into the second month of 2016 with weaker sales volume while still active and continued rising prices.  Closed sales were down by 9.2% (in January they were down by 8.8%) and new sales under contract (new pending sales) decreased by 3.9% (they were down by 34.4% last month).

Both the median and average sales prices up by 17.2% and 14.6% respectively from last February (For January these numbers were 21.2% and 20.3%).

Active listings fell by 95 homes to 1,840 homes.  This inventory is 5% greater than last year.  The current supply of homes is at  4.1 months (a 13.9% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

February 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
February 2016 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.

February 2016 Monthly Market Detail St Lucie County Single Family Homes

February 2016 Monthly Market Detail Martin County Single Family Homes

03.29.16 by

February 2016 Monthly Market Detail Martin County Single Family Homes

The February 2016 Monthly Market Detail Martin County Single Family Homes showing reduced volume of sales activity for February of 2016.  Year to year closed sales were down by 11.8% (was up 6.0% in January). New pending sales decreased by 3.3% as compared to February of 2015 (Decreased by 16% in January).

But prices continue to rise as the median sales price was up by 8.9% from last year (up by 18.2% in January) while the average price increased by 5.1% (was down by 18.2% last month).  As long as the inventory remains tight, prices will continue to rise.

The inventory of available single family homes decreased from last month by 113 homes to 1081 units for this month, and this is 5.0% less than last February.  Current supply of homes is 5.2 months, for February of last year it was a 5.9 months supply. (This is a 11.9% decrease from last year).  Continuing as a sellers market in Martin County.  Still a sellers market for Martin County single family home sales.

February 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
February 2016 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.

February 2016 Monthly Market Detail Martin County Single Family Homes

February 2016 Monthly Market Detail Florida Single Family Homes

03.27.16 by

February 2016 Monthly Market Detail Florida Single Family Homes

The February 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year.  Closed sales were up by 0.4% (was up by 2.7% in January) and new sales under contract (new pending sales) were down by 3.6% (was down by 11.3% in January).  The lower number of new pending sales is somewhat concerning for future closed sales.

Both median and average sales prices continue to rise ( February 2015 to February 2016) by 11.1% and 9.2% respectively, compared to January’s 13.7% and 6.3%.  Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 3.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for over two years.  For February there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (February of 2015 had a 5.2 month supply)

February 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

February 2016 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.

February 2016 Monthly Market Detail Florida Single Family Homes

February 2016 Monthly Market Detail Florida Single Family Homes

03.27.16 by

February 2016 Monthly Market Detail Florida Single Family Homes

The February 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year.  Closed sales were up by 0.4% (was up by 2.7% in January) and new sales under contract (new pending sales) were down by 3.6% (was down by 11.3% in January).  The lower number of new pending sales is somewhat concerning for future closed sales.

Both median and average sales prices continue to rise ( February 2015 to February 2016) by 11.1% and 9.2% respectively, compared to January’s 13.7% and 6.3%.  Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 3.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for over two years.  For February there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (February of 2015 had a 5.2 month supply)

February 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

February 2016 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.

February 2016 Monthly Market Detail Florida Single Family Homes

Stuart FL 34997 Residential Market Report February 2016

03.15.16 by

Stuart FL 34997 Residential Market Report February 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2016

There are currently 321 active listings (Increased by 22 homes from January).

Stuart FL 34997 Residential Market Report February 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from January).

Stuart FL 34997 Residential Market Report February 2016

58 Homes Sold in February (Decreased by 30 homes from January)

Stuart FL 34997 Residential Market Report February 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  After a very hot month of sales last month, closed sales dropped for February, but both available inventory and pending sales rose.  This should be an excellent sign for future activity.
     The current one month absorption rate rose to 5.5 months (was 3.4 months for January).  Still a sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for February, were: 373 active listings, 202 pending listings and 72 closed sales.  Unfortunately the volume of activity was a bot stronger last year, though also with greater inventory.
Stuart FL 34997 Residential Market Report February 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report February 2016

January 2016 Monthly Market Detail St Lucie County Single Family Homes

02.27.16 by

January 2016 Monthly Market Detail St Lucie County Single Family Homes

January 2016 Monthly Market Detail St Lucie County Single Family Homes had weaker sales volume while still quite active and continued rising values.  Closed sales were down by 8.8% (in December they were up by 0.2%) and new sales under contract (new pending sales) decreased by 34.4% (they were down by 17.9% last month).

Though even with the reduced volume, prices continue to rise with both median and average sales prices up by 21.2% and 20.3% respectively from last January (For December these numbers were 19.2% and 16.4%).

Active listings jumped up in January (from last month) by 181 homes to 1,935, surpassing last years’ inventory for the first time in two years by 5.0%.  The current supply of inventory is 4.2 months (a 3.8% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

January 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
January 2016 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.

January 2016 Monthly Market Detail St Lucie County Single Family Homes

January 2016 Monthly Market Detail Martin County Single Family Homes

02.25.16 by

January 2016 Monthly Market Detail Martin County Single Family Homes

The January 2016 Monthly Market Detail Martin County Single Family Homes started 2016 with mixed results as compared to last year.  Year to year closed sales were up by 6.0% (was down 9.6% in December). New pending sales decreased by 16% as compared to January of 2015 (Decreased by 10.6% in December).

The median sales price was up by 18.2% from last year (up by 5.3% in December) while the average price decreased by 18.2% (was up by 18.4% last month).  I’m not sure how they came up with these results.

The inventory of available single family homes increased from last month by 53 homes to 1194 units this month, and this inventory is 9.1% less than last January.  Current supply of homes is 5.1 months, for January of last year it was a 6.2 months supply. (This is a 18.5% decrease from last year).  Continuing as a sellers market in Martin County.  Though, the recent reduced rate of closed sales and an increasing inventory may soon have us back into a balanced market.

January 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
January 2016 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.

January 2016 Monthly Market Detail Martin County Single Family Homes

January 2016 Monthly Market Detail Florida Single Family Homes

02.23.16 by

January 2016 Monthly Market Detail Florida Single Family Homes

The January 2016 Monthly Market Detail Florida Single Family Homes is showing a slower growth rate than last year.  Closed sales were up by 2.7% (was up by 2.9% in December) and new sales under contract (new pending sales) were down by 11.3% (was down by 1.4% in December).  The lower number of new pending sales is a bit troubling for future closed sales.

Both median and average sales prices continue to rise ( January 2015 to January 2016) by 13.7% and 6.3% respectively, compared to December’s 11.6% and 7.7%.  Still showing some very healthy price increases.

The inventory of available homes for sale fell by 6.2% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For January there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (January of 2015 had a 5.3 month supply)

January 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

January 2016 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.

January 2016 Monthly Market Detail Florida Single Family Homes

Stuart FL 34997 Residential Market Report January 2016

02.15.16 by

Stuart FL 34997 Residential Market Report January 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2016

There are currently 299 active listings (Decreased by 9 homes from December).

Stuart FL 34997 Residential Market Report January 2016

156 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2016

88 Homes Sold in January (Increased by 16 homes from December)

Stuart FL 34997 Residential Market Report January 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  We have seen an unfortunate continuation of a decrease in inventory which is going to effect future sales unless this trend reverses.
     The current one month absorption rate remained almost the same at 3.4  months (was 5.0 months for December).  Even a stronger sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for January, were: 348 active listings, 198 pending listings and 76 closed sales.  Even with considerably less inventory, closed sale for 2016 were ahead of last years numbers.
Stuart FL 34997 Residential Market Report January 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report January 2016

December 2015 Monthly Market Detail St Lucie County Single Family Homes

01.31.16 by

December 2015 Monthly Market Detail St Lucie County Single Family Homes

December 2015 Monthly Market Detail St Lucie County Single Family Homes showed some improvement from last months slow sales volume.  Closed sales were up by 0.2% (in November they were down by 13.3%) and new sales under contract (new pending sales) decreased by 17.9% (they were down by 21.0% last month).

While the median and average sales prices continue their relentless march higher with increases of 19.2% and 16.4% respectively from last December (For November these numbers were 10.8% and 17.2%). Very strong price increases continue as the demand for quality condos and townhouses remain high.

Active listings increased in December (from last month) by 4 homes to 1,754, now approaching similar levels from last year with this month 0.3% higher than last year..  The current supply of inventory is 3.8 months (a 3.7% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

December 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
December 2015 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.

December 2015 Monthly Market Detail St Lucie County Single Family Homes

December 2015 Monthly Market Detail Martin County Single Family Homes

01.29.16 by

December 2015 Monthly Market Detail Martin County Single Family Homes

The December 2015 Monthly Market Detail Martin County Single Family Homes ended the year with weaker sales volume than last year, while prices continue to rise.  Year to year closed sales were down by 9.6% (was up 6.5% in November). New pending sales decreased by 10.6% as compared to December of 2014 (Increased by 4.9% in November).

Prices continue their upward march.  The median sales price was up by 5.3% from last year (up by 13.0% in November) while the average price increased by 18.4% (was up by 30.6% last month).  A little slower rate of appreciation as compared to last month, but still very strong growth in values.

The inventory of available single family homes increased from last month by 12 homes to 1141 units this month, and this inventory is 11.2% less than last December.  Current supply of homes is 4.9 months, for November of this year it was a 4.8 months supply. (This is a 21.0% decrease from last year).  Continuing as a strong sellers market.  The reduced inventory is the current cause of the slower sales volume.  Hopefully, with the increase in values there will be some increasing inventory in the months ahead.

December 2015 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
December 2015 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.

December 2015 Monthly Market Detail Martin County Single Family Homes

December 2015 Monthly Market Detail Florida Single Family Homes

01.23.16 by

December 2015 Monthly Market Detail Florida Single Family Homes

The December 2015 Monthly Market Detail Florida Single Family Homes improved only marginally from last December, but somewhat beter than last month.  Closed sales were up by 2.9% (was up by 1.9% in November) and new sales under contract (new pending sales) were down by 1.4% (was down by 2.8% in November).

Both median and average sales prices continue to rise ( December 2014 to December 2015) by 11.6% and 7.7% respectively, compared to November’s 13.6% and 9.6%.  Slightly slower rate of increase than for last mont.

The inventory of available homes for sale fell by 6.6% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For December there was only a 4.3 months supply of inventory, this is a sellers market with the advantage for sellers. (December of 2014 had a 5.2 month supply)

December 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

December 2015 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.

December 2015 Monthly Market Detail Florida Single Family Homes

Stuart FL 34997 Residential Market Report December 2015

01.15.16 by

Stuart FL 34997 Residential Market Report December 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2015

There are currently 308 active listings (Decreased by 3 homes from November).

Stuart FL 34997 Residential Market Report December 2015

163 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from November).

Stuart FL 34997 Residential Market Report December 2015

62 Homes Sold in December (Decreased by 3 homes from November)

Stuart FL 34997 Residential Market Report December 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  For December, there has been very little changes from the previous month.
     The current one month absorption rate remained almost the same at 5.0  months (was 4.8 months for November).  Continuing as a sellers market for the 34997 segment of the Stuart residential market for all of the year.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for December, were: 337 active listings, 177 pending listings and 79 closed sales.  Better activity across the board from 2014, though the percentages are similar when the reduced inventory is factored into the equation.
Stuart FL 34997 Residential Market Report December 2015

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report December 2015

Martin County November 2015 Market Report

12.30.15 by

Martin County November 2015 Market Report

Martin County November 2015 Market Report

“As we have seen throughout the year in our county, property values continue to appreciate, while supply remains low. The median sale price for single family homes is up 13% compared to last November, according to Florida Realtors®, and our months’ supply of inventory is down 21.5% to 4.8 months. Will these trends continue? All indications seem to suggest low supply and higher prices will remain for at least another year. Whether you are buying or selling, seek the expertise of a local REALTOR® who can help you navigate through the unique challenges of Martin County’s real estate market,” said John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Give us a call if you have any questions or require information about the current real estate market in Martin County.
(772) 323-6996

Martin County November 2015 Market Report

November 2015 Monthly Market Detail St Lucie County Single Family Homes

12.28.15 by

November 2015 Monthly Market Detail St Lucie County Single Family Homes

November 2015 Monthly Market Detail St Lucie County Single Family Homes had a weak month for closed sales as compared to last year.  Closed sales were off by 13.3% (in October they were up by 0.4%) and new sales under contract (new pending sales) decreased by 21.0% (they were down by 26.8% last month).

Inexplicably, the median and average sales prices continue their relentless march higher with increases of 10.8% and 17.2% respectively from last November (For October these numbers were 14.1% and 16.1%).

Active listings increased in November (from last month) by 75 homes to 1,750, though this is still lower than last year’s inventory, but only by 2.5%.  The current supply of inventory is 3.7 months (a 0.3% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market.  Hopefully, we will once again see increasing volume of sales as the inventory rises.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail St Lucie County Single Family Homes