Palm City Florida Market Report ZIP Code 34990 – Residential, December 2012

01.18.13 by

Palm City Florida Market Report ZIP Code 34990 – Residential, December 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2012

 

For December 2012 in the 34990 Zip Code area of Palm City Florida :


There are currently 398 active listings (A decrease of 6 homes from November)

[singlepic id=3168 w=600 h=600 float=center]

[singlepic id=3169 w=600 h=600 float=center]

129 Residential sales are pending and awaiting close or lender approval. (A decrease of 7 homes from last month)

[singlepic id=3170 w=600 h=600 float=center]

45 Homes Sold in December (Decreased by 11 homes from November)

[singlepic id=3171 w=600 h=600 float=center]

[singlepic id=3172 w=600 h=600 float=center]

[singlepic id=3173 w=600 h=600 float=center]

[singlepic id=3174 w=600 h=600 float=center]

 
For the Palm City, zip code 34990, area of Martin County Florida, the real estate activity slowed somewhat for the end of the year.  Both pending and closed sales were off slightly.  The inventory continued to decline as well.   I’m expecting the inventory to rise some with the new year as the current numbers are getting quite low.  If prices continue to increase, many underwater owners will be able to sell their homes with a little profit.
 

The current absorption rate stands at 8.8 months.  This rate still signifies a buyer’s market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2011 numbers were:  478 active listings, 114 pending sales and 57 closed sales.  We are seeing the signs of a reduced inventory for the end of 2012 with a decreased number of closed sales.

 

Search here for Palm City Florida Real Estate for Sale

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

Palm City Florida Market Report ZIP Code 34990 – Residential, December 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, December 2012

01.16.13 by

Stuart Florida Market Report ZIP Code 34997 – Condo, December 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2012

 

For December 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 98 active condo listings (Increase of 1 condo form November).

[singlepic id=3231 w=600 h=600 float=center]

[singlepic id=3232 w=600 h=600 float=center]

 

12 Condo sales are pending and awaiting close or lender approval (Down 9 from November).

[singlepic id=3233 w=600 h=600 float=center]

 

10 Condos Sold in December (An increase of 3 condos from November).

[singlepic id=3238 w=600 h=600 float=center]

[singlepic id=3235 w=600 h=600 float=center]

[singlepic id=3236 w=600 h=600 float=center]

[singlepic id=3237 w=600 h=600 float=center]

 

The Stuart condo market for the area in ZIP code 34997 had a fairly slow December to end 2012.  The largest change from November was a sizable drop in pending sales.  This is typical for a December as the real estate traffic is typically slow during the Christmas season.  I am a little surprised that the closed sales numbers weren’t better at years end.

The one month absorption rate is at  9.8 months.  This is still a buyers market for the Stuart Florida Market Report ZIP Code 34997.  Typically, a 6 month absorption rate signifies a balanced market that favors neither the buyer nor the seller.

The December 2011 numbers were: 106 active listings, 21 pending sales and 15 closed sales.  Compared to December of 2011, this year’s market activity was a bit softer. 

 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2012

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2012

01.15.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2012

 

There are currently 336 active listings (a decrease of 23 homes from November).

[singlepic id=3189 w=600 h=600 float=center]

[singlepic id=3190 w=600 h=600 float=center]

 

164 Residential sales are pending and awaiting close or lender approval (A decrease of 27 homes from November).

[singlepic id=3191 w=600 h=600 float=center]

 

62 Homes Sold in December (Up 18 homes from November)

[singlepic id=3192 w=600 h=600 float=center]

[singlepic id=3193 =600 h=600 float=center]

[singlepic id=3194 w=600 h=600 float=center]

[singlepic id=3195 =600 h=600 float=center]

The Stuart Florida Market Report ZIP Code 34997 finished 2012 with a strong 62 homes closed.  Pending sales were off which is not unexpected as traffic during the holiday season is typically lighter than normal.  Somewhat troubling though, is the inventory of available homes decreased by 23 homes and is very low.  I’m hoping to see this number rise as we get into the new year.  Should it stay low, we’ll see reduced activity for next year because of a lack of inventory.
 
The current one month absorption rate is at 5.4 months which indicates a slight sellers advantage for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 522 active listings, 176 pending listings and 78 closed sales.  The most striking number from last year is the difference in inventory of available homes for sale.
 
 

Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2012

Suntide Condo on Hutchinson Island

01.15.13 by

Suntide Condo on Hutchinson Island

Great opportunity for this Suntide Condo on Hutchinson Island 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.

 

Suntide Condo on Hutchinson Island

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34996 – Condo, December 2012

01.13.13 by

Stuart Florida Market Report ZIP Code 34996 – Condo, December 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2012

For December 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 216 active condo listings (Up 7 from last month).

[singlepic id=3224 w=600 h=600 float=center]

[singlepic id=3225 w=600 h=600 float=center]

 

29 Condo sales are pending and awaiting close or lender approval (An increase of 3 condos from November).

[singlepic id=3226 w=600 h=600 float=center]

 

14 Condos Sold in December (Up by 2 from November)

[singlepic id=3227 w=600 h=600 float=center]

[singlepic id=3228 w=600 h=600 float=center]

[singlepic id=3229 w=600 h=600 float=center]

[singlepic id=3230 w=600 h=600 float=center]

 

The Stuart Florida Market Report ZIP Code 34996 for Condos showed some increased activity along with the second straight month of increasing inventory.  Pending sales were up slightly which is unusual for December, which is typically a month with reduced traffic because of the holidays.  Sales were also up, though I was expecting a bit stronger closed activity to finish the year.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just over 15.4 months.  Still indicating a strong buyers’ market.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for December 2011 were: 226 active listings, 19 pending sales and 12 closed sales.  Very similar numbers to this year with the exception of a significantly higher pending sales numbers.

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

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, December 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012

01.12.13 by

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2012

 

For December, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (Down 6 homes from November).

[singlepic id=3182 w=600 h=600 float=center]

[singlepic id=3183 w=600 h=600 float=center]

 

23 Residential sales are pending and awaiting close or lender approval (No change from November).

[singlepic id=3184 w=600 h=600 float=center]

 

11 Homes Sold in December (Same as November).

[singlepic id=3185 w=600 h=600 float=center]

[singlepic id=3186 w=600 h=600 float=center]

[singlepic id=3187 w=600 h=600 float=center]

[singlepic id=3188 w=600 h=600 float=center]

Other than a small decrease in inventory, there was no change in he 34996 zip code area of Stuart Florida real estate market activity for December 2012.  Pending and Sold activity was unchanged.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December is 13.7 months, which represents a buyer’s market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for December of 2011 were: 179 active listings, 24 pending sales and 10 closed sales.  Other than the inventory, very similar activity this year when compared to last year.

Search here for Stuart Florida Real Estate for Sale


Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2012

01.11.13 by

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2012

For December, 2012 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 153 active condo listings (Unchanged from November).

[singlepic id=3217 w=600 h=600 float=center]

[singlepic id=3218 w=600 h=600 float=center]


 

35 Condo sales are pending and awaiting close or lender approval. (Down 7 condos from last month)

[singlepic id=3219 w=600 h=600 float=center]

 

14 Condos Sold in December (An increase of 3 condos from November).

[singlepic id=3220 w=600 h=600 float=center]

[singlepic id=3221 w=600 h=600 float=center]

[singlepic id=3222 w=600 h=600 float=center]

[singlepic id=3223 w=600 h=600 float=center]

After numerous months of strong results for the Stuart Condo market for zip code 34994 even during our off season, the market has cooled slightly as we passed the holidays.  The bright note is that end of year bargain hunters closed on 14 condos an increase from the previous prices.  All were in the under $100,000 price range.  The inventory remained unchanged while pending sales were off.  An expected result as there is typically considerably reduced traffic during the holidays. 

The one month absorption rate is at 11 months, which still signifies a buyers market.  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 13 closed sales.  Almost identical to this years activity.

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2012

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

01.10.13 by

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2012

For December, 2012 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 75 active listings (Up 4 from November).

[singlepic id=3175 w=600 h=600 float=center]

[singlepic id=3176 w=600 h=600 float=center]

 

27 Residential sales are pending and awaiting close or lender approval (Down 8 from November).

[singlepic id=3177 w=600 h=600 float=center]

 

14 Homes Sold in December (Up 10 homes from November)

[singlepic id=3178 w=600 h=600 float=center]

[singlepic id=3179 w=600 h=600 float=center]

[singlepic id=3180 w=600 h=600 float=center]

[singlepic id=3181 w=600 h=600 float=center]

The 34994 ZIP code area of the Stuart, Florida real estate market finished off 2012 with a good month for closings (up 10 from November).  Inventory has crept up again for the third month in a row which makes more homes available for buyers.  This is a good indication of more potential sellers entering the market giving a better choice for potential buyers in the 34994 zip code area of Stuart, FL.  Pending sales cooled reflecting reduced traffic during the holiday season.

The one month absorption rate for the 34994 zip code for December was 5.36 months. which signifies a sellers market.

The December 2011 numbers were 87 Active Listings, 31 pending sales and 7 closed sales.  Other than a slightly lower pending sales numbers, considerably better sales and less inventory.

 

Search here for Stuart Florida Real Estate for Sale

 

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

Rocky Point December 2012 Market Report

01.08.13 by

Rocky Point December 2012 Market Report

The Rocky Point December 2012 Market Report for Stuart Florida:

There are currently 32 active listings in Rocky Point.  The average list price is $458,907 based on $176.01 per square foot of living area.

13 homes are under contract (pending sales).  The average list price is $165,461 at $137.35 per square foot.

In the past 12 months, 74 homes have sold in Rocky Point at an average sales price of $237,628 at $120.70 per square foot of living area.
The highest priced sale was $1,180,000 and the lowest was $54,900. 

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

 

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of it’s proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system. 

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.        

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

 Rocky Point real estate

 

 

Search the Martin County MLS
Search here for available homes in Rocky Point

 

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate
 

Rocky Point December 2012 Market Report

 

East Port Saint Lucie Pool Home Open House

12.31.12 by

East Port Saint Lucie Pool Home Open House

Join us on January 6th from 1 to 4 PM to tour this rarely available: A 4 bedroom, 3 bathroom, screened pool home in East Port Saint Lucie on a large waterfront (non-navigable) lot for the ultimate in privacy, yet close to all amenities.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port Saint Lucie. Rare over 1/2 Acre lot on the canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat-in kitchen is the centerpiece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk-in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

Additional pictures and info on 1622 SE Berkshire Blvd.

Download a brochure for 1622 SE Berkshire Blvd.

Search here for:

Port Saint Lucie Homes for Sale

Port Saint Lucie, Real Estate presented for your consideration by:
the Gabe Sanders real estate team

View Our Featured Listings!

 


East Port Saint Lucie Pool Home Open House

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2012

12.27.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2012

 

For November 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 26 active condo listings. (Down 3 from October)

[singlepic id=3097 w=600 h=600 float=center]

[singlepic id=3098 w=600 h=600 float=center]

 

10 Condo sales are pending and awaiting close or lender approval. (An increase of 3 condos from October)

[singlepic id=3099 w=600 h=600 float=center]

 

  1 Condos sold in November (A decrease of 1 condo from October)

[singlepic id=3100 w=600 h=600 float=center]

[singlepic id=3101 w=600 h=600 float=center]

[singlepic id=3102 w=600 h=600 float=center]

[singlepic id=3103 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  November showed very little change from last month (which showed very little change from August).  There was only one closed sale, while pending sales were up to 10 indicating a better potential for future closed sales.

The one month absorption rate is up to 26 months, signifying that it’s still a buyers market.  But this will almost certainly change in the coming months.   Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  But, with such low numbers, these indicators can easily be misleading.

The November 2011 numbers were:  40 active listings, 6 pending sales and no closed sales.  Even in this small slower market segment, we’re still seeing improved activity from last year.



Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2012

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, November 2012

12.26.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, November 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2012

 

For November 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 301 active listings. ( An increase of 1 home from October)

[singlepic id=3048 w=600 h=600 float=center]

[singlepic id=3049 w=600 h=600 float=center]

96 Residential sales are pending and awaiting close or lender approval (An increase of 17 homes from October)

[singlepic id=3050 w=600 h=600 float=center]

29 Homes Sold in November (An increase of 3 homes from last month)

[singlepic id=3051 w=600 h=600 float=center]

[singlepic id=3052 w=600 h=600 float=center]

[singlepic id=3053 w=600 h=600 float=center]

[singlepic id=3054 w=600 h=600 float=center]

Continued strong results from the Hobe Sound residential real estate market (zip code 33455) of Martin County.  Inventory remained basically unchanged while we had increases in both pending and closed sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 10.4 months from last month’s 11.5 months.  While still a buyer’s market, it’s considerably closer to a balanced market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2011 were:  316 active listings, 71 pending sales and 15 closed sales.   We continue to have considerably improved activity as compared to last year.

 

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, November 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2012

12.24.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2012

 

For November 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 56 active listings. ( A a large jump of 27 condos from October)

[singlepic id=3104 w=600 h=600 float=center]

[singlepic id=3105 w=600 h=600 float=center]

 

16 Condo sales are pending and awaiting close or lender approval. (Down 6 condos from October)

[singlepic id=3106 w=600 h=600 float=center]

 

8 Condos Sold (Unchanged from October)

[singlepic id=3107 w=600 h=600 float=center]

[singlepic id=3108 w=600 h=600 float=center]

[singlepic id=3109 w=600 h=600 float=center]

[singlepic id=3110 w=600 h=600 float=center]

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The most significant statistic for the November 2012 market in Jensen Beach condos in zip code 34957 is the large jump in inventory.  Pending sales were down and closed sales remained unchanged for November.  With such small inventory, as well as the holidays approaching, I’m not expecting too much movement in the next month or so, but with increasing inventory, we’ll probably se some more activity.

The one month absorption rate for the November 2012, Jensen Beach Florida Market Report ZIP Code 34957 is 7 months.  A slight buyer’s market.  Typically, a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The November 2011 numbers were: 59 active listings, 12 pending sales and 2 condos closed.


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, November 2012

12.23.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, November 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2012

 For November 2012in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 111 active listings. (Up 2 homes from last month)

[singlepic id=3055 w=600 h=600 float=center]

[singlepic id=3056 w=600 h=600 float=center]

 

73 Residential sales are pending and awaiting close or lender approval. (Down 1 homes from October)

[singlepic id=3057 w=600 h=600 float=center]

 

23 Homes Sold (Down 1 home from October)

[singlepic id=3058 w=600 h=600 float=center]

[singlepic id=3059 w=600 h=600 float=center]

[singlepic id=3060 w=600 h=600 float=center]

[singlepic id=3061 w=600 h=600 float=center]

 

The Jensen Beach residential real estate market, zip code 34957 for November remained mostly unchanged from October, with only a slight drop in activity levels.  Two additional homes in the active inventory while 1 less pending and closed sale were the November 2012 results.  This is a small market for the Jensen beach area of Martin County, yet it remains highly desirable with the highest absorption rate in the county.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 4.8 months.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The November 2011 numbers were: 152 active listings, 80 pending sales and 16 home sales closed.  Even with significantly less inventory, much better sales figures for November 2012.
 

Search here for Jensen Beach Real Estate for Sale

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

 

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, November 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012

12.21.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2012

For November 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 61 active condo listings. (An increase of 2 condos from October)

[singlepic id=3111 w=600 h=600 float=center]

[singlepic id=3112 w=600 h=600 float=center]

 

10 Condo sales are pending and awaiting close or lender approval. (Up 1 condo from last month)

[singlepic id=3113 w=600 h=600 float=center]

 

5 Condos Sold in November. (Up 5 from 0 sales for October)

[singlepic id=3114 w=600 h=600 float=center]

[singlepic id=3115 w=600 h=600 float=center]

[singlepic id=3116 w=600 h=600 float=center]

[singlepic id=3117 w=600 h=600 float=center]

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For November, there were five condos sold, considerable improvement over the previous month which had no sales for condos in Palm City.  Both the available inventory and pending sales increased slightly for November.
 
The current absorption rate for condos in the 34990 zip code area is 12.2 months.  Still a strong buyers’ market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The November 2011 numbers were: 60 active listings, 3 pending sales and 1 closed sales.   Inventory is the same as last year.  Pending and closed sales are both improved for 2012.

 

 

Search here for Palm City Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate


Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, November 2012

12.20.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, November 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2012

 

For November 2012 in the 34990 Zip Code area of Palm City Florida :


There are currently 404 active listings (A decrease of 16 homes from October)

[singlepic id=3062 w=600 h=600 float=center]

[singlepic id=3063 w=600 h=600 float=center]

136 Residential sales are pending and awaiting close or lender approval. (A decrease of 14 homes from last month)

[singlepic id=3064 w=600 h=600 float=center]

56 Homes Sold in November (Increased by 7 homes from October)

[singlepic id=3065 w=600 h=600 float=center]

[singlepic id=3066 w=600 h=600 float=center]

[singlepic id=3067 w=600 h=600 float=center]

[singlepic id=3068 w=600 h=600 float=center]

 
For the Palm City, zip code 34990, area of Martin County Florida, another strong month during traditionally slow months.  Closed sales increased by 7.  The inventory of available homes for sale also decreased after an increase last month.  Pending sales were off by a bit and we expect some slower market activity for the next few months as we approach the holidays.

The current absorption rate stands at 7.2 months. Considerably better than it’s been in quite a while.  This is a slight buyer’s market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2011 numbers were:  468 active listings, 144 pending sales and 36 closed sales.  Better numbers for closed sales as compared to  last November, especially when factoring in the lower inventory for this year.  Slightly less pending activity, though.

 

Search here for Palm City Florida Real Estate for Sale

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

Palm City Florida Market Report ZIP Code 34990 – Residential, November 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, November 2012

12.19.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, November 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2012

 

For November 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 97 active condo listings (No change form October).

[singlepic id=3132 w=600 h=600 float=center]

[singlepic id=3133 w=600 h=600 float=center]

 

21 Condo sales are pending and awaiting close or lender approval (No change from October).

[singlepic id=3134 w=600 h=600 float=center]

 

7 Condos Sold in November (An increase of 1 condo from October).

[singlepic id=3135 w=600 h=600 float=center]

[singlepic id=3136 w=600 h=600 float=center]

[singlepic id=3137 w=600 h=600 float=center]

[singlepic id=3138 w=600 h=600 float=center]

 

Reflecting the off season for condos, the Stuart condo market for the area in ZIP code 34997 had a fairly slow second month in a row for November.  Basically unchanged from October, with only minor variations.  With the holidays coming up, we’re not expecting any major movement in the Stuart condo market.  Possibly an increase in inventory as often condo owners will try to time the market for the winter and spring season when activity tends to be a bit higher.

The one month absorption rate is at  13.9 months, indicating a continued strong buyers market.

The November 2011 numbers were: 119 active listings, 24 pending sales and 5 closed sales.  No significant changes from last year with the exception of a reduced inventory of approximately 20%.

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2012

 

 

Jamestown Townhome in Heritage Ridge Sold

12.19.12 by

Jamestown Townhome in Heritage Ridge Sold

7305 SE Concord Place in Heritage Ridge, Hobe Sound, Florida has sold.  Especially gratifying sale to a family who’s NY home was seriously damaged by super storm Sandy.   They are now comfortably settled while their home up north undergoes repairs and made ready for the summer. 

Jamestown Townhome in Heritage Ridge

Wonderful opportunity to move right into a furnished Jamestown at Heritage Ridge in Hobe Sound, Florida. A wonderful community that has a Fazio designed 18 hole golf course that is not mandatory to join. This spacious 2 bedroom two bathroom town home has an open kitchen with dining area and breakfast bar. Take advantage of the convenient community pool and tennis courts in this exceptionally clean and well maintained and landscaped community. Conveniently located close to the beaches as well as shopping. All ages are welcome. One small pet allowed, under 20lbs. This home is ready for immediate occupancy, just move right in.

View more information about this wonderful home!

Jamestown Townhome in Heritage Ridge

Jamestown Townhome in Heritage Ridge

Jamestown Townhome in Heritage Ridge

Search for all Heritage Ridge Real Estate inHobe Sound

Search the Martin County MLS

View all of our Listings

Hobe Sound Florida Real Estate presented by:
the Gabe Sanders real estate team

Jamestown Townhome in Heritage Ridge Sold

Stuart Florida Market Report ZIP Code 34997 – Residential, November 2012

12.18.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, November 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2012

 

There are currently 359 active listings (a decrease of 1 homes from October).

[singlepic id=3083 w=600 h=600 float=center]

[singlepic id=3084 w=600 h=600 float=center]

 

191 Residential sales are pending and awaiting close or lender approval (An increase of 2 homes from October).

[singlepic id=3085 w=600 h=600 float=center]

 

44 Homes Sold in November (Down 7 homes from October)

[singlepic id=3086 w=600 h=600 float=center]

[singlepic id=3087 =600 h=600 float=center]

[singlepic id=3088 w=600 h=600 float=center]

[singlepic id=3089 =600 h=600 float=center]

The 34997 zip code area of Stuart Florida continue to show strong numbers. The inventory basically remained unchanged while pending sales (an indication of future closed  sales) remained strong, rising by 2 homes.  Closed sales were were off by seven homes, but these results are still strong during our off season.
 
The current one month absorption rate is at 8.1 months, very close to a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 527 active listings, 198 pending listings and 42 closed sales.  Considering the amount of inventory being significantly lower this year, it’s very impressive how ell this segment of the Stuart real estate market continues to perform.
 
 

Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34997 – Residential, November 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, November 2012

12.16.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, November 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2012

For November 2012 in the 34996 Zip Code area of Stuart, Florida :

 

There are currently 209 active condo listings (Up 15 from last month).

[singlepic id=3125 w=600 h=600 float=center]

[singlepic id=3126 w=600 h=600 float=center]

 

26 Condo sales are pending and awaiting close or lender approval (a decrease of 4 condos from October).

[singlepic id=3127 w=600 h=600 float=center]

 

12 Condos Sold in November (Down 5 from October)

[singlepic id=3128 w=600 h=600 float=center]

[singlepic id=3129 w=600 h=600 float=center]

[singlepic id=3130 w=600 h=600 float=center]

[singlepic id=3131 w=600 h=600 float=center]

 

The Stuart Florida Market Report ZIP Code 34996 for Condo slowed some for November, not unexpected as this is typically an off month for condo sales.  Sales and future sales (pending listings) were off while the inventory showed the first increase in some time.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just over 17.4 months.  Quite a drop from last months 11 month absorption rate.

The numbers for November 2011 were: 225 active listings, 21 pending sales and 14 closed sales.  Very similar numbers to this year.

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

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, November 2012