Search Results for: martin county single family

Florida Single Family Homes December 2019 Market Report

01.23.20 by

Florida Single Family Homes December 2019 Market Report

The Florida Single Family Home sales had a very strong end to 2019.  Closed sales were up by 23.8% (were up by 6.1 % in November). New sales under contract (new pending sales) were up by 11.9% (were up by 14.4 % in November).

Prices were also up for December.  The median sales price rose by 5.9% (it was up by 3.9 % in November). The average sales price was up by 6.9% (it was up by 13.1 % last month).

The inventory of available homes for sale decreased by 11.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December 2018 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes December 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes December 2019 Market Report

St Lucie County Single Family Homes November 2019 Market Report

12.27.19 by

St Lucie County Single Family Homes November 2019 Market Report

For November 2019, the St Lucie County Single Family Home Market had improved sales activity when compared to last year. Closed sales were unchanged (in October they were up by 15.8%) and new sales under contract (new pending sales) increased by 22.3% (they were up by 15.2% last month).

Prices were also up for the month.  The median sales price was up by 9.8% (was up by 6.4% in October).  The average sales price was up by 10.8% (it was up by 0.3% in October).

The number of available home listings increased by 10 homes to 1,761 homes.  This inventory is 10.0% smaller than last year.  The current supply of homes is 3.7 months (it was 4.2 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 November 2019 Market Report

Click here to 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.

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St Lucie County Single Family Homes November 2019 Market Report

Florida Single Family Homes November 2019 Market Report

12.20.19 by

Florida Single Family Homes November 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 6.1% (were up by 5.2% in October) and new sales under contract (new pending sales) were up by 14.4% (were up by 13.3% in October).

Prices were also up for November.  The median sales price rose by 3.9% (it was up by 3.6% in October) and the average sales price was up by 13.1% (it was up by .5% last month).

The inventory of available homes for sale decreased by 10.5% from last year.  This represents a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November 2018 had a 4.1 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes November 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes November 2019 Market Report

Click here to view the previous Florida 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.

St Lucie County Single Family Homes October 2019 Market Report

12.13.19 by

St Lucie County Single Family Homes October 2019 Market Report

For October 2019, the St Lucie County Single Family Home Market had improved sales activity when compared to last year. Closed sales were up by 15.8% (in September they were up by 24.0%) and new sales under contract (new pending sales) increased by 15.2% (they were up by 17.7% last month).

Prices were also up for the month.  The median sales price was up by 6.4% (was up by 3.5% in September).  The average sales price was up by 0.3% (it was up by 5.1% in September).

The number of available home listings increased by 18 homes to 1,751 homes.  This inventory is 4.6% smaller than last year.  The current supply of homes is 3.7 months (it was 3.9 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 October 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 October 2019 Market Report

Florida Single Family Homes October 2019 Market Report

12.09.19 by

Florida Single Family Homes October 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 5.2% (were up by 11.5% in September) and new sales under contract (new pending sales) were up by 13.3% (were up by 4.5% in September).

Prices were also up for October.  The median sales price rose by 3.6% (it was up by 5.3% in September) and the average sales price was up by 1.5% (it was up by 4.9% last month).

The inventory of available homes for sale decreased by 7.0% from last year.  This represents a 3.7 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October 2018 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes October 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes October 2019 Market Report

Click here to view the previous Florida 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.

Sewalls Point Single Family Market Report October 2019

11.20.19 by

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

 

St Lucie County Single Family Homes September 2019 Market Report

11.08.19 by

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

Florida Single Family Homes September 2019 Market Report

10.30.19 by

Florida Single Family Homes September 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year.  The closed sales were up by 11.5% (were up by 3.2% in August) and new sales under contract (new pending sales) were up by 4.5% (were up by 1.3% in August).

Prices were also up for September.  The median sales price rose by 5.3% (it was up by 4.2% in August) and the average sales price was up by 4.9% (it was up by 3.2% last month).

The inventory of available homes for sale decreased by 5.7% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September 2018 also had a 3.6 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes September 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes September 2019 Market Report

Click here to view the previous Florida 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.

Sewalls Point Single Family Market Report September 2019

10.10.19 by

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

10.08.19 by

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

Florida Single Family Homes August 2019 Market Report

10.02.19 by

Florida Single Family Homes August 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year, though.  The closed sales were up by 3.2% (were down by 10.4% in July) and new sales under contract (new pending sales) were up by 1.3% (were up by 7.4% in July).

Prices were also up for August.  The median sales price rose by 4.2% (it was up by 5.1% in July) and the average sales price was up by 3.2% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 5.1% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August 2018 also had a 4.0 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes August 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes August 2019 Market Report

Click here to view the previous Florida 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.

Sewalls Point Single Family Market Report August 2019

09.13.19 by

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

09.11.19 by

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

09.11.19 by

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

Florida Single Family Homes July 2019 Market Report

09.05.19 by

Florida Single Family Homes July 2019 Market Report

The Florida Single Family Homes Market Report for July 2019 showed improved activity from the same period last year.  The closed sales numbers were up by 10.4% (were down by 1.9% in June) and new sales under contract (new pending sales) were up by 7.4% (were up by 4.9% in June).

Prices were also up for July.  The median sales price rose by 5.1% (it was up by 3.8% in June) and the average sales price was up by 6.3% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 0.2% from last year.  This is a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes July 2019 Market Report

Click here to view or download the full report:

Florida 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.

July 2019 Florida Single Family Homes Market Report

Sewalls Point Single Family Market Report July 2019

08.19.19 by

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

 

St Lucie County Single Family Homes June 2019 Market Report

08.07.19 by

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

Florida Single Family Homes June 2019 Market Report

08.01.19 by

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future.  The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June.  The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year.  This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes June 2019 Market Report

Click here to view or download the full report:

Florida 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.

June 2019 Florida Single Family Homes Market Report

Sewalls Point Single Family Market Report June 2019

07.15.19 by

Sewalls Point Single Family Market Report June 2019

Sewalls Point Real Estate Snapshot, Residential Sales for June 2019

There are currently 58 active listings (Up by 5 homes from last month)

Sewalls Point Single Family Market Report June 2019

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

Sewalls Point Single Family Market Report June 2019

7 Homes sold in May (Decreased by 6 homes from May)

Sewalls Point Single Family Market Report June 2019

The single-family real estate market in Sewalls Point had a nice increase in inventory as well as an increase in pending sales.  Closed sales, unfortunately, were off for this month.

The absorption rate jumped up to 8.3 months, in May it was 4.1 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 June 2018, the inventory was 46 homes on the market, 10 pending sales and there were 6 closed sales.  Slightly greater activity this year when compared to last year but there are more homes available for sale this year.

Sewalls Point Single Family Market Report June 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 June 2019

 

St Lucie County Single Family Homes May 2019 Market Report

07.11.19 by

St Lucie County Single Family Homes May 2019 Market Report

St Lucie County Single Family Homes May 2019 Market Report had improved sales activity when compared to last year. Closed sales were up by 1.8% (in April they were up by 2.1%) and new sales under contract (new pending sales) increased by 5.7% (they were up by 10.5% last month).

Prices were also up for the month.  The median sales price was up by 4.9% (was up by 5.1% in April).  The average sales price was up by 0.7% (it was down by 3.9% in April).

The number of available home listings decreased by 25 homes to 1,942 homes.  This inventory is still 22.1% higher than last year.  The current supply of homes is 4.3 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a quite strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes May 2019 Market Report

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