Sewalls Point Market Report – Residential, December 2011

Sewalls Point Market Report – Residential, December 2011

Sewalls Point Real Estate Snapshot, Residential Sales for December 2011

There are currently 58 active listings (an increase of 9 homes for sale from November)

8 Residential sales are pending and awaiting close or lender approval (Down 5 from November)

5 Homes sold in December (Up 2 from November)

In December of 2011, we saw a slight increase in sales from November in the Sewalls Point, Florida real estate market.  Most of the sales for December were solidly in the mid-price category for Sewalls Point real estate. Inventory was up by 9 units which is close to a 20% rise while pending sales were off by 5 homes.

Comparing the results to December of 2010, the inventory is down from 67 homes, pending sales were 9 last year and 4 homes sold.  Other than a lower inventory, the numbers are almost identical to a year ago.