December 2013 Monthly Market Detail Martin County Townhouses and Condos

01.29.14 by

December 2013 Monthly Market Detail Martin County Townhouses and Condos

December 2013 Monthly Market Detail Martin County Townhouses and Condos report ended the year with some signs of a slowing momentum, but still very good overall results from previous years.   I’m seeing some quite impressive price gains for the year along with a continued shrinking inventory making sustained activity difficult for this segment of the market.  Year to year closed sales were down by 9% (down by 6.4% in November) while new sales under contract (new pending sales) increased by 8.1% (was down 1% in November).

The median sales price increased by an impressive 45% (was down by 0.2% in November) while the average sales price increased by 10.4% (was down 26.7% in November) as compared to December of 2012.December 2013 Monthly Market Detail Martin County Townhouses and Condos

 

 The inventory of available townhouses and condos has decreased by 1 unit to 623 units from last month, down from December 2012 inventory by 17.5%.  Current supply of inventory is 6.3 months (a 27.9% decrease from last year).  Finishing 2013 in a balanced market.

 

 Click here to view or download the full report:
December 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

December 2013 Monthly Market Detail Martin County Townhouses and Condos

December 2013 Monthly Market Detail Martin County Single Family Homes

01.28.14 by

December 2013 Monthly Market Detail Martin County Single Family Homes

The December 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed a strong finish to the end of 2013. In fact, Martin County residential sales of single family homes has outperformed the state average for the second month in a row in volume.   Closed sales were up by 17.8% (was 33.8% in November) and new sales under contract (new pending sales) increased by 9.5% (decreased by 4% in November).

The median sales price was up by 7.2% from last year while unfortunately the average price took a steep hit at a decline of 24.1%.

December 2013 Monthly Market Detail Martin County Single Family Homes

The inventory of available single family homes decreased from November to 1253 units, but this is a 2.7% increase from last December.  Current supply of inventory is only 6.5 months (a 14% decrease from last year).  We continue to be in a balanced market for residential sales in Martin County.  Very positive results for our market.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
December 2013 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

December 2013 Monthly Market Detail Martin County Single Family Homes

December 2013 Monthly Market Detail Florida Townhouses and Condos

01.27.14 by

December 2013 Monthly Market Detail Florida Townhouses and Condos

For the December 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida a second relatively weak month as compared to the end of 2012.  Though a bit improved from last month’s numbers.  Year to year closed sales were down by 2.5% as compared to last months decrease of 7.1% and new sales under contract (new pending sales) decreased by 8.7% (November’s decrease was 10.2%).December 2013 Monthly Market Detail Florida Townhouses and Condos

 

Both median and average sales prices were up (year to year) by 17% and 4.1% respectively.

Inventory rose for the second month in a row, though only marginally by 1.6%.  If the inventory keeps rising, I expect to see some increases in the sales volume and a leveling off or a moderation to the price increases we’ve experienced this past year.

Click on the link below or the graphic to see the full market detail report from Florida Realtors:

Click here to view or download the full report:
December 2013 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

December 2013 Monthly Market Detail Florida Townhouses and Condos

December 2013 Monthly Market Detail Florida Single Family Homes

01.24.14 by

December 2013 Monthly Market Detail Florida Single Family Homes

The December 2013 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors ended the year with mostly positive results as compared to 2012.  Both closed and pending sales were off.   Year to year closed sales were up by 8.6% (was down by 1.2 % in November) and new sales under contract (new pending sales) decreased by 4.2% (was down by 5.9% in October).

December 2013 Monthly Market Detail Florida Single Family Homes

Both median and average sales prices were up (December 2012 to December 2013) by 11.4% and 3% respectively.   Not quite as much of an increase as in previous months this year, but those kinds of increases were unsustainable.

The inventory of available homes for sale increased by 11.9% from last year.  This is now the third month of increased inventory.  I’ve written in the past that I was expecting this increase which is a direct cause of the easing of the price increases as the supply expands.  It does appear that even with the increasing inventory the traffic for the new year is quite high and I expect some strong results for next month.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
December 2013 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

December 2013 Monthly Market Detail Florida Single Family Homes

Kitching Cove Waterfront Pool Home Under Contract

01.22.14 by

Kitching Cove Waterfront Pool Home Under Contract

Kitching Cove Waterfront Pool Home

Gorgeous wide water views with Ocean access and no fixed bridges!  Private dock with lift!  100′ frontage on protected Kitching Cove Lagoon!

 

Kitching Cove Waterfront Pool Home

An intimate private non gated waterfront community of only 15 homes! Close to Club Med, Sandpiper Bay, golf, boating, shopping, & easy access to the turnpike for commuters!

Kitching Cove Waterfront Pool Home

This is a two story 4,500sq. ft. air conditioned space with 4 bedrooms, 4 1/2 baths, two master suites one up & one down.  The upstairs master suite up includes large loft living room, huge master bedroom, huge master bathroom, jetted roman tub, walk-in shower, walk-in closet and a 2’x10′ mini kitchen & laundry.  A screened wrap around balcony with tranquil river views from every room! Elevator! The lower level has foyer, powder room, formal living & dining rooms, family room, huge 16’x15′ kitchen, master suite, office, two guest bedrooms, laundry and a screened and heated pool with spa.

Kitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool Home

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Kitching Cove Waterfront Pool Home Under Contract

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

01.13.14 by

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2013

For December, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 119 active condo listings (Increased by 1 condo from November).Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

39 Condo sales are pending and awaiting close or lender approval. (Down by 3 condo from last month) 

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

9 Condos Sold in December (Decreased by 11 condos from November).Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

After a good November market for the 34994 condo market, December turned out quite disappointing.  Sales were off by over 50% from November and pending sales also declined slightly.  Inventory was up marginally.

The one month absorption rate jumped up to 13.2 months compared to last month’s 5.9.  Back into a strong buyer’s market for the 34994 zip code condo market of Stuart FL.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last December the numbers were 153 active listings, 35 pending sales, and 14 closed sales.   With the lower inventory factored into the numbers, very similar to last year’s activity.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2013

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

01.10.14 by

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2013

 

For December, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 128 active listings (Decreased by 11 homes from November). Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

 25 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from November).Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013
 

16 Homes Sold in December (Increased by 7 homes from November).Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

For the 34996 zip code area of the Stuart Florida residential real estate market, a strong finish for closed sales in December.   After an increase in inventory in November, another decrease this month along with a decrease in pending home sales as well.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 8 months as compared to November’s 15.4 months.  Still a buyer’s market but once again close to a balanced market for the 34996 zip code area of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December of 2012 were: 151 active listings, 23 pending sales and 11 closed sales.   Considerably better activity than last year.  And, one of our few areas with continuing reduced inventory.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

 

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

01.08.14 by

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code December 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2013

 

There are currently 394 active listings (Decreased by 2 homes from November). Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

130 Residential sales are pending and awaiting close or lender approval (A decrease of 13 homes from November).Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

 

85 Homes Sold in December (Up by 14 homes from November)Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

The Stuart Florida Market for ZIP Code 34997 residential ended the year with a nice increase in closed sales from last month. Unfortunately both pending sales as well as the inventory of available homes declined. The lower pending activity is cause for some concern as this is the second fairly big decline in a row.
The current one month absorption rate dropped to 4.6 months making this segment of the Stuart residential market a strong seller’s market (down from last months 5.6 month absorption rate). Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
The 2012 numbers were: 336 active listings, 164 pending listings and 62 closed sales. Considerably stronger activity for this month as compared to last year.
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code December 2013

Search here for Stuart Florida Real Estate for Sale

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Stuart, FL Real Estate

Stuart Florida Homes for Sale and Sold Report 34997 zip code December 2013

 

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

01.04.14 by

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

 Offered for $199,900

Great opportunity for this Hutchinson Island Oceanfront Condo Stuart FL Just Listed in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

 

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

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Lost Lake Hobe Sound Home Sold

12.31.13 by

Lost Lake Hobe Sound Home Sold

Lost Lake Home in Hobe Sound
7913 SE Double Tree Drive has been sold by the Gabe Sanders BlueWater Realty team.  The sales price was $285,000. 

Lost Lake Home in Hobe Sound

Beautiful Home light and bright with Southern exposure overlooking Lake and Golf Course  Granite Counters Tile and Bamboo laminate wood floors. newer A/C Updated bath vanities accordion hurricane shutters This home shows like a model Beautiful ceiling fans some window treatments move right in this home also has a brand new roof, skylights and gutters. 

Lost Lake Home in Hobe Sound

Minutes to spectacular Jupiter island beach, shopping and restaurants. 2 community pools, spa, tennis, bike, jog all in your gated community. Golf course designed by Fazio is as good as it gets.  Live and play in a place where the people are very caring and friendly.  It is the best kept secret in Martin county.

 About Lost Lake

Lost Lake in Hobe Sound, Florida

18 holes of golf, a great club house, along with statuesque homes filling the beautifully landscaped streets, ideal views of open fields and small lakes in a peaceful neighborhood; Lost Lake could be your dream neighborhood in Hobe Sound.

 Lost Lake Golf Club

Located just west of US-1 in Martin County, Lost Lake sits in a peaceful area close to shopping in Hobe Sound, Stuart and only a few minutes further to Jupiter.  Lost Lake is located very close to the mariner’s destination known as Peck Lake, great for weekends out on the boat!  Just minutes to the beaches as well.  Lost Lake can be the location for your dream home tomorrow!

 Lost Lake Homes in Hobe Sound, Florida

 

For any questions you may have about Lost Lake Hobe Sound Home Sold, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lost Lake Hobe Sound Home Sold

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

12.30.13 by

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed  the third month in a row of decreases in sales volume from last years numbers.   Year to year closed sales were down by 17.5% (was down by 12.7% in October) while new sales under contract (new pending sales) decreased by 5.4% (was  down by 13.6% in October

Prices continued to rise however, year to year, with the median sales price up by 40% (up 14.3% in October) and the average sales price rose by 31.4% (was up by 26% in October).

November 2013 Saint Lucie County Condo and TownhouseThe inventory of available townhouses and condos increased from last month to 852 units which is a decrease of 7.8% from last November.  Current supply of inventory rose slightly from last month to 8.8 months (still a 7.8% decrease from last year).   This segment of the market continues to be a buyers market and  unless there’s a moderation in the price increases, I see no change in the easing of the volume of closed and pending sales.

 Click here to view or download the full report:
November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

November 2013 Monthly Market Detail St Lucie County Single Family Homes

12.29.13 by

November 2013 Monthly Market Detail St Lucie County Single Family Homes

The November 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors has moderated in the past couple of months as compared to last years activity.   Closed sales were up 3.3% from last year  (in October they were unchanged)  and new sales under contract (new pending sales) decreased by 23.9% (they were down by 6.9% last month).

Both median and average sales prices were up (year to year) by 13.6% and 18.7% respectively year to year. November 2013 Saint Lucie County Single Family

The inventory of active listings rose in November (from last month) to 2213 homes, still down by 14.1% from last year.  Current supply of inventory is only 5.1 months (a 14.1% decrease from last year).  We’re still in a seller’s market for the St. Lucie County single family market, but some easing appears to be in progress.  With the significant rise in prices as well as increasing mortgage rates, the current trend will continue to level.  I expect to see a balanced market for the near future with slower price increase.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail St Lucie County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail St Lucie County Single Family Homes

November 2013 Monthly Market Detail Martin County Townhouses and Condos

12.28.13 by

November 2013 Monthly Market Detail Martin County Townhouses and Condos

The November 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  This is the second month of mixed to poor results and mirrors some of the other counties as well as the state of Florida as a whole.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were down by 6.4% ( up by 1.1% in October) while new sales under contract (new pending sales) decreased by 1% (was down 36.2% in October).

The median sales price decreased by 0.2% (was up by 1.3% in October) while the average sales price dropped by 26.7% (was up 10.7% in October) as compared to November of 2012.November 2013 Martin County Condo and Townhouse

 The inventory of available townhouses and condos has increased to 624 units from last month, still under November 2012 inventory by 15.8%.  Current supply of inventory is 6.2 months (a 27.5% decrease from last year).  After several months of a seller’s market we are transitioning into a balanced market once again.  A balanced market is a healthy sign if it continues through the year.

 

 Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Townhouses and Condos

November 2013 Monthly Market Detail Martin County Single Family Homes

12.27.13 by

November 2013 Monthly Market Detail Martin County Single Family Homes

The November 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed strong closed activity and a small weakening of pending activity. When compared to the results from the state of Florida, martin County is doing very well.   Closed sales were up by 33.8% (was 8.5% in October) and new sales under contract (new pending sales) decreased by 4% (Increase of 36.2% in October).

The median sales price was up by 5.2% from last year while unfortunately the average declined by 7.2%.November 2013 Martin County Single Family

The inventory of available single family homes increased this month to 1271 units but this is still down by 4.5% from last November.  Current supply of inventory is only 6.7 months (a 12.4% decrease from last year).  We are now in a balanced market for residential sales in Martin County.  Considering that this is typically the slower season for Martin County, I’m expecting a return to a sellers market once the holiday season is over.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Martin County Single Family Homes

November 2013 Monthly Market Detail Florida Townhouses and Condos

12.26.13 by

November 2013 Monthly Market Detail Florida Townhouses and Condos

The November 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed a weakening of both closed and pending sales as compared to last year.  Year to year closed sales were down by 7.1% as compared to last months increase of 3.1% and new sales under contract (new pending sales) decreased by 10.2% (October’s decrease was 3.6%).

November 2013 Florida Condo and Townhouse

Both median and average sales prices were up (year to year) by 17.2% and 12.3% respectively.

For the first time in a while the inventory crept up slightly by 1.3%.  The reduced inventory is what is making prices rise as well as keeping sales volume down.  I expect both inventory and sales volume to increase in the coming year if the economic news continues to be positive.

Click on the link below or the graphic to see the full market detail report from Florida Realtors:

Click here to view or download the full report:
November 2013 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Florida Townhouses and Condos

November 2013 Monthly Market Detail Florida Single Family Homes

12.24.13 by

November 2013 Monthly Market Detail Florida Single Family Homes

The Florida real estate market showed some weakness for the November 2013 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors.  Both closed and pending sales were off.   Year to year closed sales were down by 1.2% (were up by 6.5 % in October) and new sales under contract (new pending sales) decreased by 5.9% (was up by 3.4% in October).

Florida Single Family

Both median and average sales prices were up (November 2012 to November 2013) by 13.3% and 7.1% respectively.   Not quite as much of an increase as in previous months this year, but those kinds of increases were unsustainable.

The inventory of available homes for sale increased by 10% from last year.  This is now the second month of increased inventory.  I’ve written in the past that I was expecting this increase which is a direct cause of the easing of the price increases as the supply expands. I would like to see the volume of closed sales be higher and with the current excellent economic news, I expect these numbers to go up soon.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
November 2013 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

November 2013 Monthly Market Detail Florida Single Family Homes

December 2013 market Update for Sugar Hill Jensen Beach

12.23.13 by

December 2013 market Update for Sugar Hill Jensen Beach

As of December 2013, there are 4 homes on the market in Sugar Hill in Jensen Beach, FL.  Listing prices range from $450,000 to $669,000 with an average of $184.62 per sq. ft. of living area. None of these listings are distressed properties.

Currently, no homes are under contract.

There have been 6 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $290,000 to $455,000 for an average of $138.15 per sq. ft. of living area. There were no foreclosures or short sales in these sales.

Sugar Hill in Jensen Beach Florida

December 2013 market Update for Sugar Hill in Jensen Beach is an eye pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded with gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach FloridaSugarhill has very reasonable HOA fees of only $500.00 per year.

Sugar Hill in Jensen Beach Florida

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Sugar Hill in Jensen Beach Florida

 

Here are the currently available homes in December 2013 market Update for Sugar Hill in Jensen Beach

 

For any questions you may have about December 2013 market Update for Sugar Hill in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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December 2013 market Update for Sugar Hill Jensen Beach

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

12.16.13 by

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2013

 

There are currently 396 active listings (Increased by 15 homes from October). Stuart Florida Market Report ZIP Code 34997 Residential November 2013

143 Residential sales are pending and awaiting close or lender approval (A decrease of 28 homes from October).

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

 

71 Homes Sold in November (Up by 9 homes from October)

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

Mostly positive signs from the Stuart Florida Market Report ZIP Code 34997 residential real estate market.  Unlike many other areas of Martin County the 34997 zip code had a significant rise in inventory in the past two months.  Closed sales were also up.  The only point of some concern was a drop in pending activity for November.
 
The current one month absorption rate dropped to 5.6 months making this segment of the Stuart residential market once again a seller’s market (up from last months 6.15 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.  
 
The 2012 numbers were: 359 active listings, 191 pending listings and 44 closed sales.   Interestingly there’s a significantly higher inventory for this segment of the Martin County real estate market.  Closed activity is much higher for this year.  While the number of potential future sales (pending inventory) is a bit worrisome this month.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
Stuart Florida Market Report ZIP Code 34997 Residential November 2013
 
 

Search here for Stuart Florida Real Estate for Sale

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Stuart Florida Market Report ZIP Code 34997 Residential November 2013

Stuart Florida Market Report ZIP Code 34996 Residential November 2013

12.14.13 by

Stuart Florida Market Report ZIP Code 34996 Residential November 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2013

 

For November, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 139 active listings (Increased by 10 homes from October). Stuart Florida Market Report ZIP Code 34996 Residential November 2013

 29 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from October).

Stuart Florida Market Report ZIP Code 34996 Residential November 2013 

9 Homes Sold in November (Decreased by 4 homes from October).
Stuart Florida Market Report ZIP Code 34996 Residential November 2013

For the 34996 zip code area of Stuart Florida real estate market, mixed results for November.  A nice increase in inventory which will give buyers a greater selection of available homes for sale.  Also, a small increase in pending sales which is a good sign for future activity.  Unfortunately closed sales were down for this month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November jumped to 15.4  months as compared to October’s 9.9 months.  A strong buyer’s market for the 34996 zip code area of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for November of 2012 were: 157 active listings, 23 pending sales and 11 closed sales.   Marginally better numbers this year as compared to 2012 when the reduced inventory is factored in.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Stuart Florida Market Report ZIP Code 34996 Residential November 2013 

Search here for Stuart Florida Real Estate for Sale


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Stuart Florida Market Report ZIP Code 34996 Residential November 2013

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

12.13.13 by

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2013

For November, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 118 active condo listings (Decreased by 3 condos from October).

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

42 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from last month)
  Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

 

20 Condos Sold in November (Increased by 6 condos from October).

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

A small and welcome increase in activity for the Stuart Condo market for zip code 34994.   Pending sales remained virtually unchanged while we had a nice rise in closed sales to 20 condos.  The inventory which rose the past two months, was once again down.

The one month absorption rate rose to 5.9 months compared to last months 8.6.  A marginal sellers’ market for the 34994 zip code condo market of Stuart FL.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last November the numbers were 153 active listings, 42 pending sales, and 11 closed sales.   Better activity this year than last, especially when considering the greatly reduced number of available condos for sale.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

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Stuart Florida Market Report ZIP Code 34994 – Condo, November 2013