Sewalls Point Residential Market Report March 2013
Sewalls Point Real Estate Snapshot, Residential Sales for March 2013
There are currently 57 active listings (an increase of 2 homes for sale from February)
15 Residential sales are pending and awaiting close or lender approval (a decrease of 2 homes from February)
5 Homes sold in February (An increase of 3 homes from February)
March saw improved sales in the Sewalls Point real estate market in Stuart, FL. Still a fairly large inventory, but also good number of pending sales.
The absorption rate dropped to 11.4 months. This is a still a buyers market in Sewalls Point, but is showing signs of change. A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
Comparing the results to March of 2012, the inventory was 61 homes homes on the market, 12 pending sales and there was only 3 closed sales. Improving numbers for 2013 by a small margin.
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Sewalls Point, FL Real Estate
Rental Properties
Vacant Land Properties
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- Vacant Land Properties for Sale in Sewalls Point, Florida Between $0 – $500,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $500,000 – $1,000,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $1,500,000 – $2,000,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $2,000,000 – $2,500,000
Residential Properties
- Residential Properties for Sale in Sewalls Point, Florida Between $0 – $500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $500,000 – $1,000,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,500,000 – $2,000,000
- Residential Properties for Sale in Sewalls Point, Florida Between $2,000,000 – $2,500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $3,500,000 – $4,000,000
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