Sewalls Point Single Family Market Report May 2017
Sewalls Point Real Estate Snapshot, Residential Sales for May 2017
There are currently 60 active listings (Down by 5 homes from last month)
22 home sales are pending and awaiting close or lender approval (Increased by 4 homes from April)
9 Homes sold in April (Increased by 2 homes sales from April)
The single family real estate market in Sewalls Point showed some very positive results for May. The strong pending numbers should also result in good sales numbers for the coming months.
The absorption rate dropped to 6.7 months, in April it was 9.3 months. Into a balanced market after many, many months of a 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 May 2016, the inventory was 70 homes on the market, 11 pending sales and there were 9 closed sales. Identical number of closed sales as last year, but a significant increase in pending sales and on a reduced inventory.
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- 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
Sewalls Point Single Family Market Report May 2017
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