Sewalls Point Single Family Market Report May 2016
Sewalls Point Real Estate Snapshot, Residential Sales for May 2016
There are currently 70 active listings (Up by 2 homes since last month)
11 home sales are pending and awaiting close or lender approval (Decreased by 8 homes from April)
9 Homes sold in May (Increased by 6 home sales from April)
The single family real estate market in Sewalls Point for May had a good month for closed sales and has come close to a balanced market. Unfortunately, a drop in pending sales may signal a potentially weaker upcoming summer.
The current absorption rate dipped to 7.8 months, in April it was 22.7 months. A very good step in the right direction and heading towards a balanced 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 May of 2014, the inventory was 69 homes on the market, 12 pending sales and there were 3 closed sales. Considerably greater sold homes for this year when compared to 2015. Mostly good news for Sewalls Point for a change.
Search below for Sewalls Point Florida Real Estate for Sale
Rental Properties
Vacant Land Properties
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $0 – $200,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $200,000 – $300,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $500,000 – $600,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $1,100,000 – $1,200,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $1,900,000 – $2,000,000
- Vacant Land Properties for Sale in Sewalls Point, Florida Between $2,400,000 – $2,500,000
Residential Properties
- Residential Properties for Sale in Sewalls Point, Florida Between $0 – $300,000
- Residential Properties for Sale in Sewalls Point, Florida Between $300,000 – $400,000
- Residential Properties for Sale in Sewalls Point, Florida Between $400,000 – $500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $500,000 – $600,000
- Residential Properties for Sale in Sewalls Point, Florida Between $600,000 – $700,000
- Residential Properties for Sale in Sewalls Point, Florida Between $800,000 – $900,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,100,000 – $1,200,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,200,000 – $1,300,000
- Residential Properties for Sale in Sewalls Point, Florida Between $1,900,000 – $2,000,000
- Residential Properties for Sale in Sewalls Point, Florida Between $2,400,000 – $2,500,000
- Residential Properties for Sale in Sewalls Point, Florida Between $3,500,000 – $3,600,000
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