Sewalls Point Single Family Market Report October 2018

Sewalls Point Single Family Market Report October 2018

Sewalls Point Real Estate Snapshot, Residential Sales for October 2018

 

There are currently 57 active listings (Up by 6 homes from last month)

Sewalls Point Single Family Market Report October 2018

6 home sales are pending and awaiting close or lender approval (Down by 2 homes from September)

Sewalls Point Single Family Market Report October 2018

7 Homes sold in October (Decreased by 1 home sales from September)

Sewalls Point Single Family Market Report October 2018

The single-family real estate market in Sewalls Point has been showing increases in inventory.  Sales were off slightly from last month and pending sales were down as well.

The absorption rate rose to 8.1 months, in September it was 6.4 months.  Back into 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 October 2017, the inventory was 41 homes on the market, 15 pending sales and there were 1 closed sales.  The inventory and sales are up for Sewalls Point in 2018.

Sewalls Point Single Family Market Report October 2018

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report October 2018

 

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