Sewalls Point Single Family Market Report July 2016
Sewalls Point Real Estate Snapshot, Residential Sales for July 2016
There are currently 69 active listings (Down by 7 homes since last month)
11 home sales are pending and awaiting close or lender approval (Increased by 6 homes from June)
2 Homes sold in July (Decreased by 17 home sales from June)
The single family real estate market in Sewalls Point for July showed a big decrease in closed sales for July. Pending sales look good, however, and I expect these sales figures to improve in the coming months. The inventory of available homes is up from last year but down from last month.
The current absorption rate exploded to 34.5 months, in June it was 7.6 months. An unfortunate slowdown for Sewall’s point, but possibly an opportunity for buyers. 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 of 2014, the inventory was 58 homes on the market, 12 pending sales and there were 5 closed sales. Better numbers last year, even though we have a greater inventory now.
Search below for Sewalls Point Florida Real Estate for Sale
Rental Properties
Vacant Land Properties
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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
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