Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2014

 

For March 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 21 active condo listings. (Down by 1 condo from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

6 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

5 Condos sold in March (Up by 2 condos from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  April 2014 market activity saw a slight decrease in inventory and pending sales and an increase in closed sales.

The current absorption rate is 4.2 months (Last month it was 7.3 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.  Yet even with these low numbers, we are in a sellers market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The April 2013 numbers were:  21 active listings, 7 pending sales and 5 closed sales.   Almost identical activity year to year.

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2014

 For April 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 228 active listings. (Down by 70 homes from March)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

88 Residential sales are pending and awaiting close  (Decreased by 20 homes from March)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

42 Homes Sold in April (Up by 4 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for April had excellent market activity across the board.  Please disregard the apparent large inventory decrease for this month as the Realtor Association of Martin County has changed their area definitions, hopefully we will get this sorted out for next month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.4 months (7.8 months in March).  Back into a sellers market for Hobe Sound, which is where we were for most of 2013.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2013 were:  2227 active listings, 106 pending sales and 51 closed sales.  Better overall activity last year.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2014

 

For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 29 active listings. (Increased by 6 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condos Sold (Down by 7 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos.  April saw the first increase in inventory in four months for the Jensen beach Condo market.   Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed.   2013 had a much more active market.

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2014

 

For April 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 186 active listings (Increased by 22 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

 52 Residential sales are pending and awaiting close or lender approval (Increased by 5 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

11 Homes Sold in April (Decreased by 4 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Other than lower closed volume for the 34996 zip code area of the Stuart Florida residential real estate market continues to improve, with both higher inventory and pending sales.  The pending sales figures should translate to greater closed volume in the coming months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April increased to 16.9 months as compared to March’s 10.8 months.  This is not a pretty picture for sellers, but can indicate some strong advantages to buyers interested in this part 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 April of 2012 were: 172 active listings, 57 pending sales and 18 closed sales.   Better numbers all around, last year. Though it appears that the 34996 area of Stuart is poised for a god summer.

 Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2014

 

For April 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 83 active condo listings (Down by 7 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

39 Condo sales are pending and awaiting close or lender approval (Down by 6 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

25 Condos Sold in April (Increased by 10 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

An excellent month for closed sales for the Stuart FL condo market for zip code 34997.  Unfortunately, pending sales dropped for April indicating a possible slowdown of closed sales in the months ahead, though it’s still relatively strong.  Inventory also decreased and is once again at a fairly low value.

The one month absorption rate plunged to 3.3 months from last months 9.  A very dramatic sellers market.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The April 2012 numbers were: 101 active listings, 29 pending sales and 34 closed sales.   Closed sales were considerably better last year, but the greater number of pending sales might indicate better closed activity coming in the near future.

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2014

 

 

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code April 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2014

 

There are currently 404 active listings (Decreased by 12 home from March).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

190 Residential sales are pending and awaiting close or lender approval (A decrease of 2 homes from March).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

61 Homes Sold in April (Decreased by 17 homes from March)

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

After a very strong March, the Stuart Florida Market for ZIP Code 34997 showed some easing with a large decrease in closed sales and a smaller decrease in pending sales.  The inventory also declined, now two months in a row.  While activity slowed, the fact is that this is still a balanced and healthy market and in very good shape.
 
The current one month absorption rate rose to 6.6  months (was 5.3 months for March).  Back into a balanced market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
The 2013 numbers for April, were: 325 active listings, 219 pending listings and 82 closed sales.  Considerably better activity last year, as rising prices and interest rates has cooled the market from last years very heated activity.
Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014
 
 
 

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Stuart Florida Homes for Sale and Sold Report 34997 zip code April 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2014

For February 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 22 active condo listings. (Down by 1 condo from February)

7 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from February)

3 Condos sold in February (Unchanged from February)

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  March 2014 market activity saw little change in inventory and closed sales, along with a nice jump in pending sales.

The current absorption rate is 7.3 months (Last month it was 7.6 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.  Yet even with these low numbers, we are close to a balanced market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2013 numbers were:  22 active listings, 9 pending sales and 2 closed sales.   Very close to last years market activity.

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2014

 For March 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 298 active listings. (Up by 9 homes from February)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

108 Residential sales are pending and awaiting close  (Increased by 10 homes from February)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

38 Homes Sold in March (Up by 12 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for March had excellent market activity across the board..  Both pending and closed sales were up as well as a mice little increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7.8 months (11.1 months in February).  Still a buyers market, but getting close to a balanced market again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2013 were:  249 active listings, 100 pending sales and 45 closed sales. Better numbers this year than last, though when the increased inventory for this year is factored in, very similar in a percentage basis.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014
 

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2014

For March 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 23 active listings. (Decreased by 4 condos from February)

18 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from February)

16 Condos Sold (Up by 10 condos from February)

 The Jensen Beach Condo market (zip code 34957) is a very small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last three months in a row.   For as small a segment as this is, activity for March was quite strong with only a small drop in pending sales and and a very strong jump in the closed sale numbers.

The one month absorption rate for the March 2014, Jensen Beach Florida Market Report ZIP Code 34957 is at an incredible 1.4 months (4.5 months in February), meaning the average condo is selling in under 90 days.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2012 numbers were: 54 active listings, 28 pending sales and 13 condos closed.   Better absolute numbers last year, but there was more than double the inventory.  With such low numbers of available condos in the Jensen Beach zip code, I’m predicting considerably slower activity for the near future.

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2014

 

For March 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 162 active listings (Increased by 10 homes from February).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

 

 47 Residential sales are pending and awaiting close or lender approval (Increased by 7 homes from February).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

15 Homes Sold in March (Increased by 9 homes from February).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

2014 has started out as a bit of a see saw ride for the 34996 zip code area of the Stuart Florida residential real estate market, After a strong January, then a very weak February, March saw some gains coming back into the market.  All indexes measured moved up this past month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March decreased to 10.8 months as compared to February’s 25.2 months.  Still a buyers market for the 34996 zip code area of Stuart, though considerably better than last month.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2012 were: 175 active listings, 55 pending sales and 14 closed sales.   This area still has a lower inventory than last year (which is becoming the exception for Martin County).  Even with that considered, very slightly stronger activity this year.

 Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code March 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2014

 

For March 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 90 active condo listings (Down by 1 condo from February).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014

45 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from February).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014

10 Condos Sold in March (Increased by 1 condo from February).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014

After two consecutive months of decreasing closed sales, there was a small increase in March for the Stuart FL condo market for zip code 34997.  Inventory dropped by 1 unit, basically remaining unchanged.  Pending sales were up nicely by 8 condos, making a good possibility for future closed sales.

The one month absorption rate decreased to 9 months from last months 10.1.  Better, but still a buyers market for condo sales in the 34997 zip code area of Stuart.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.  

The March 2012 numbers were: 103 active listings, 39 pending sales and 16 closed sales.   Closed sales were considerably better last year, but the greater number of pending sales might indicate better closed activity coming in the near future.

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014

 
 
 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2014

 

 

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code March 2014

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code March 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2014

 

There are currently 416 active listings (Decreased by 7 home from February).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code March 2014

192 Residential sales are pending and awaiting close or lender approval (A increase of 8 homes from February).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code March 2014

78 Homes Sold in March (Increased by 15 homes from February)

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code March 2014

The Stuart Florida Market for ZIP Code 34997 continues to show much improved activity after a slow start to the year.  Inventory remained fairly stable (actually a small decrease in the past two months) while both the pending and closed numbers showed increases for the second month in a row.
 
The current one month absorption rate rose to 5.3  months (was 6.7 months for February).   Now a sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.  
 
The 2013 numbers for March, were: 344 active listings, 220 pending listings and 82 closed sales.  Inventory is considerably higher this year, as were the closed sales.  Though, last years pending sales were stronger, and with less available homes.
Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code March 2014 
 
 
 

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Stuart Florida Homes for Sale and Sold Report 34997 zip code March 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2014

 

For January 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 23 active condo listings. (Up by 1 condo from January)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

3 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from January)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

3 Condos sold in January (Increased by 2 condos from January)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  February 2014 market activity saw an increase in closed sales along with a decrease in pending sales.  Inventory rose by 1 condo.

The current absorption rate with only one sale is 7.6 months (Last month it was 22 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The February 2013 numbers were:  18 active listings, 9 pending sales and 4 closed sales.   Unfortunately, for the past few months, the Hobe Sound condo market has been under-performing as compared to last year.

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014
 

 

 

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2014

 For February 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 289 active listings. (Up by 2 homes from January)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

98 Residential sales are pending and awaiting close  (Increased by 21 homes from January)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014
 

26 Homes Sold in February (Down by 17 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for February had a disappointing decrease in closed sales, though all other indications are positive for the future.  Especially a good increase in pending sales.  The inventory remained basically unchanged.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 11.1 months (6.8 months in January).  Slipping back into a buyers market (though I believe this is just temporary).  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2013 were:  244 active listings, 109 pending sales and 28 closed sales.  Interestingly with a sizable increase in inventory for 2014, numbers are very similar to last year.  This is an indication of a somewhat weaker market activity for this year.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014 

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2014

 

For February 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 27 active listings. (Decreased by 7 condos from January)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014

20 Condo sales are pending and awaiting close or lender approval. (Up by 1 condos from January)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014

 

6 Condos Sold (Up by 2 condos from January)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014
The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last two months.   For as small a segment as this is, activity for February was quite strong with good pending and closed sale numbers.

The one month absorption rate for the February 2014, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.5  months (8.5 months in January), back into a sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2012 numbers were: 60 active listings, 31 pending sales and 9 condos closed.   The most striking comparison to last year is the available inventory is less than half of what it was last year.  With that in mind, the relative activity is quite strong.
Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014

 

 

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code February 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2014

 

For February 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 91 active condo listings (Down by 13 condos from January). Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014

 

37 Condo sales are pending and awaiting close or lender approval (Up by 10 condos from January).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014

 

9 Condos Sold in February (Decreased by 2 condos from January).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014

A second month in a row with a small drop in closed sales for the Stuart FL condo market for zip code 34997.  Inventory retreated from last months gain and a sizable increase in pending sales, which will hopefully show stronger closed sales in the coming months.

The one month absorption rate increased to 10.1 months from last months 9.5.  Remaining in a buyers market.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.  

The February 2012 numbers were: 102 active listings, 36 pending sales and 8 closed sales.   Very similar numbers to the February 2013 market activity.

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014

 
 
 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2014

 

 

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code February 2014

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code February 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2014

 

There are currently 423 active listings (Decreased by 1 home from January).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code February 2014

184 Residential sales are pending and awaiting close or lender approval (A increase of 35 homes from January).Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code February 2014

63 Homes Sold in February (Increased by 12 homes from January)Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code February 2014

The Stuart Florida Market for ZIP Code 34997 improved considerably from a somewhat poor start in January.  Inventory remained stable while both the pending and closed numbers showed excellent gains.
 
The current one month absorption rate rose to 6.7  months (was 8.3 months for January).   Back to a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.  
 
The 2013 numbers for February, were: 332 active listings, 243 pending listings and 47 closed sales.  Discounting pending sales, marginally better closed activity this year, though the inventory is considerably higher as well.  We still have strong pending numbers, but not as good as last year.  The increase in inventory appears to have exceeded the demand in the 34997 zip code area for residential sales, at least for the month of February.
 Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code February 2014
 
 
 

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Stuart Florida Homes for Sale and Sold Report 34997 zip code February 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2014

 

For February 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 152 active listings (Increased by 6 homes from January).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

 40 Residential sales are pending and awaiting close or lender approval (Increased by 7 homes from January).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

6 Homes Sold in February (Decreased by 11 homes from January).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

After a strong January for the 34996 zip code area of the Stuart Florida residential real estate market, the February closed sales were very slow, decreasing by almost 66%.  Inventory and pending sales were up, though.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February shot up to 25.2 months as compared to January’s 8.6 months.  A strong buyers 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 February of 2012 were: 179 active listings, 47 pending sales and 5 closed sales.   This area still has a lower inventory than last year (which is becoming the exception for Martin County).  Overall, very similar activity as compared to 2013.Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

 

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code February 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2014

 

For December 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 22 active condo listings. (Down by 1 condo from December)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

 

4 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from December)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

1 Condos sold in December (Increased by 1 condo from December)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  January 2014 started with little change from last month.  Only 1 sale, 1 additional pending listing and another small decrease in inventory.

The current absorption rate with only one sale is 22 months.  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The January 2013 numbers were:  19 active listings, 8 pending sales and 4 closed sales.   Better activity last year by a wide margin.  One of the only segments of the Martin County real estate market with these poor comparative results.

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014 

 

 

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

 

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2014

 For January 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 287 active listings. (Up by 21 homes from December)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014

 

77 Residential sales are pending and awaiting close  (Increased by 2 homes from December)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014
 

43 Homes Sold in January (Up by 1 home1 from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014

After a strong finish for 2013 from the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County, January began with continued strong market activity.  All measured activity in this report showed good gains.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose slightly tot 6.8  months (6.2 months in December).  A balanced market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2013 were:  262 active listings, 96 pending sales and 28 closed sales.  With the exception of the pending sales numbers, better activity this year as compared to January 2013.

 Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014