Stuart Florida Market Report ZIP Code 34997 Condo October 2013

Stuart Florida Market Report ZIP Code 34997 Condo October 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2013

 

For October 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 91 active condo listings (Increased by 15 condos form September).Stuart Florida Market Report ZIP Code 34997 Condo October 2013

 

 

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

 Stuart Florida Market Report ZIP Code 34997 Condo October 2013

 

19 Condos Sold in October (Increased by 12 condos from September).

Stuart Florida Market Report ZIP Code 34997 Condo October 2013

 

The activity for the Stuart condo market for the area in ZIP code 34997 showed some very mixed results for the month of October.  Pending sales were off considerably while closed sales increased significantly.  Also, interestingly the inventory took a nice jump.

The one month absorption rate dropped to 4.8 months from last months 10.9.  Back into a strong sellers market.   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.   Though with reduced pendings numbers this may swing back to a buyers market again soon.

The October 2012 numbers were: 99 active listings, 21 pending sales and 6 closed sales.   Much better closed activity this 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 Market Report ZIP Code 34997 Condo October 2013
 
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

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

 

There are currently 381 active listings (Increased by 25 homes from September).
Stuart Florida Market Report ZIP Code 34997 Residential October 2013

 

171 Residential sales are pending and awaiting close or lender approval (A decrease of 4 homes from September). 

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

 

62 Homes Sold in October (Down by 8 homes from September)

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

 

The Stuart Florida Market Report ZIP Code 34997 showed some moderation as we approach the slower holiday season.  The inventory rose for the third month in a row, unlike many other areas of Martin County.  Both sales and pending sales decreased for October.
 
The current one month absorption rate rose to 6.15 months making this segment of the Stuart residential market a balanced one (up from last months 5.1 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  
 
The 2012 numbers were: 360 active listings, 189 pending listings and 51 closed sales.   Better activity as compared to last October.  Interestingly with an increase in inventory.
 
 
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 October 2013
 
 

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 October 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2013

 

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

 

There are currently 14 active condo listings. (Up by 3 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

3 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from August)
Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

6 Condos sold in August (An increase of 5 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For the first time in many months we had a relatively large increase in active listings (by percentage).   Pending sales dropped considerably while closed sales did take a nice increase. 

The absorption rate for September dropped to 2.8 moths from last months buyers market of 14 months.  Back to a strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These 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 September 2012 numbers were:  28 active listings, 7 pending sales and 2 closed sales.   Other than this months pending sales decline, we compare quite favorable to last years numbers.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

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 September 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2013

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

 

There are currently 245 active listings. (Up by 12 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

69 Residential sales are pending and awaiting close  (A decrease of 26 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

49 Homes Sold in September (Up by 1 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  Troubling for this month was the large decrease in pending sales.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 5 months (4.9 months in August).  Continuing as a sellers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2012 were:  316 active listings, 69 pending sales and 15 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market for this September.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

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, September 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo September 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo September 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2013

 

For September 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 35 active listings. ( Increased by 5 condos from August)
Jensen Beach Florida Market Report ZIP Code 34957 September August 2013

17 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from August)
Jensen Beach Florida Market Report ZIP Code 34957 September August 2013

 

5 Condos Sold (A decrease of 7 condos from August)
Jensen Beach Florida Market Report ZIP Code 34957 September August 2013


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low as compared to the past 10 years, though for September we did have an increase of 5 units.   Pending sales were off by 1 while closed sales were down significantly.

The one month absorption rate for the September 2013, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 7 months (2.5 months in August), signifying a step back into a slight buyers market after numerous months of a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The September 2012 numbers were: 48 active listings, 30 pending sales and 3 condos closed.    The lower number of pending sales is troubling for future sales, however this years market activity compares favorably to September of 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Market Report ZIP Code 34957 September August 2013

 

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 September 2013

Stuart Florida Market Report ZIP Code 34997 Condo September 2013

Stuart Florida Market Report ZIP Code 34997 Condo September 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2013

 

For September 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 76 active condo listings (A decrease of 5 condos form August).

 Stuart Florida Market Report ZIP Code 34997 Condo September 2013

 

28 Condo sales are pending and awaiting close or lender approval (Up by 6 condos from August).

 Stuart Florida Market Report ZIP Code 34997 Condo September 2013

 

7 Condos Sold in September (A decrease of 4 condos from August).

Stuart Florida Market Report ZIP Code 34997 Condo September 2013

 

The September activity for the Stuart condo market for the area in ZIP code 34997 remained slow though there was an increase in pending sales.   Hopefully this will translate to more closed sales in the near future.

The one month absorption rate rose to 10.9 months.  Back into a strong buyers market.   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The September 2012 numbers were: 101 active listings, 19 pending sales and 9 closed sales.  When considering over a 25% decrease in active listings, our numbers are better for this year than last.

 

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 Condo September 2013
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential September 2013

Stuart Florida Market Report ZIP Code 34997 Residential September 2013

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

 

There are currently 356 active listings (Increased by 9 homes from August).
Stuart Florida Market Report ZIP Code 34997 Residential September 2013

 

175 Residential sales are pending and awaiting close or lender approval (An increase of 8 homes from August). Stuart Florida Market Report ZIP Code 34997 Residential September 2013

 

70 Homes Sold in September (Up by 12 homes from August)
Stuart Florida Market Report ZIP Code 34997 Residential September 2013

 

The Stuart Florida Market Report ZIP Code 34997 showed a very nice increase in activity from last month.  The inventory rose for the second month in a row, unlike most other areas of Martin County.  Both sales and pending sales also increased.
 
The current one month absorption rate declined to 5.1 months dropping this segment of the Stuart residential market into a sellers market ( down from last months 6 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  
 
The 2012 numbers were: 365 active listings, 158 pending listings and 70 closed sales.   Very similar activity to last September, though the pending sales are stronger this 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 Market Report ZIP Code 34997 Residential September 2013
 
 

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 September 2013

Stuart Florida Market Report ZIP Code 34996 Residential September 2013

Stuart Florida Market Report ZIP Code 34996 Residential September 2013

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

 

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

 

There are currently 140 active listings (Increased by 15 homes from August).
Stuart Florida Market Report ZIP Code 34996 Residential September

 

 

16 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from August).Stuart Florida Market Report ZIP Code 34996 Residential September

 

 

13 Homes Sold in September (Decreased by 12 homes from August).
Stuart Florida Market Report ZIP Code 34996 Residential September

 

 

Unfortunately, very soft numbers for the 34996 zip code area of Stuart Florida real estate market activity for September 2013.  Pending sales took a double digit hit for the second month in a row while closed sales were also off by 12 homes.  The inventory took a nice jump, which makes more homes available for potential buyers. 

The one month absorption rate for the 34996 zip code area of Stuart Florida for September jumped to 10.8 months as compared to August’s 5 months, having slipped back into a buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for September of 2012 were: 154 active listings, 34 pending sales and 7 closed sales.   Marginally outperforming last years market, though the reduced pending sales numbers are troubling.

 

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 September

 

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 September 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2013

 

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

 

There are currently 14 active condo listings. (Down by 2 condos from July)
Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

 

8 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from July)
Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

 

1 Condos sold in July (Decreased by 4 condos from July)Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With an inventory of only 12 active condos it’s not surprising to see decreasing market activity in this segment of the market.  All 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 absorption rate for August jumped to 14 moths from last months sellers market of 3.2 months.  Back to a strong buyer advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The August 2012 numbers were:  26 active listings, 7 pending sales and 2 closed sales.   Inventory is less than half of last year, which relates to the slower activity for August of 2013.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

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 August 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential August 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2013

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

 

There are currently 233 active listings. ( Down by 5 homes from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

95 Residential sales are pending and awaiting close  (A decrease of 1 home from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

48 Homes Sold in August (Up by 6 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Closed sales were up again for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory levels continue to decrease to record levels not seen since well before the housing crisis began.  Pending sales remain strong as well, decreasing by only one home, which is impressive considering the reduced inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.9 months (5.7 months in July).  A strong sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2012 were:  298 active listings, 55 pending sales and 37 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

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, August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2013

 

For August 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 30 active listings. ( Decreased by 1 condo from July)
Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

17 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from July)
Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

12 Condos Sold (An increase of 3 condos from July)
Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low as compared to the past 10 years.   The inventory went down again, though only by 1 unit and pending sales were off by 2, but still very strong as compared to the available inventory.  Closed sales were up by 3 condos.

The one month absorption rate for the August 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 2.5 months (3.4 months in July), signifying a continuing strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The August 2012 numbers were: 50 active listings, 27 pending sales and 4 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.  This is an excellent time to sell a condo in the Jensen Beach area of Martin County.


 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

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 August 2013

Stuart Florida Market Report ZIP Code 34997 Condo August 2013

Stuart Florida Market Report ZIP Code 34997 Condo August 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2013

 

For August 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 81 active condo listings (An increase of 1 condo form July).Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

22 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from July).Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

 

11 Condos Sold in August (A decrease of 1 condo from July).Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

 

The activity for the Stuart condo market for the area in ZIP code 34997 remained slow for the summer season.  A marginal increase in inventory, but a significant drop in pending sales and a small drop in closed sales.  The lower pending sales numbers may indicate lower closed sales coming in the near future.

The one month absorption rate rose to 7.3 months.  Back into a slight buyers market after months of a sellers market..   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The August 2012 numbers were: 98 active listings, 24 pending sales and 13 closed sales.  Very similar activity 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:Palm City Florida Market Report ZIP Code 34990 Condo July 2013
 
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

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

 

There are currently 347 active listings (Increased by 13 homes from July).
Stuart Florida Market Report ZIP Code 34997 Residential August 2013

167 Residential sales are pending and awaiting close or lender approval (An increase of 1 home from July). Stuart Florida Market Report ZIP Code 34997 Residential August 2013

 

58 Homes Sold in August (Down 4 homes from July)
Stuart Florida Market Report ZIP Code 34997 Residential August 2013

 

The Stuart Florida Market Report ZIP Code 34997 remained steady from last month, though not as active as the spring market.  The inventory rose in this area, unlike most other areas of Martin County.  Sales  steady and pending sales were up marginally. 
 
The current one month absorption rate rose to 6 months which still indicates a balanced market ( up from last months 5.3 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  
 
The 2012 numbers were: 332 active listings, 195 pending listings and 82 closed sales.   For the 34997 area code of Stuart, the 2012 real estate market was actually more active than August of 2013.
 
 
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 August 2013
 

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 August 2013

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

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

 

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

 

There are currently 125 active listings (Decreased by 1 home from July).
Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

 

26 Residential sales are pending and awaiting close or lender approval (Decreased by 18 homes from July).Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

 

25 Homes Sold in August (Increased by 10 homes from July).
Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

 

In the 34996 zip code area of Stuart Florida real estate market activity for August 2013 there was a nice jump in closed sales from July.  Unfortunately pending sales were off by a large number as well indicating possibly slower market activity for the coming months.  Not an unexpected possibility as we are approaching our ‘off’ season.  Inventory remains low and was basically unchanged from July.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August dipped to 5 months as compared to July’s 8.4 months, indicating a sellers market for now.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for August of 2012 were: 166 active listings, 34 pending sales and 6 closed sales.   Still outperforming last years market, though the reduced pending sales numbers are troubling.

 

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 August 2013

 

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 August 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2013

 

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

 

There are currently 16 active condo listings. (Down by 3 condos from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

10 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from June)
Pending - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

 

5 Condos sold in July (Increased by 5 condos from June)

 Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales increased to 5 units from 0 sales in July.  Pending sales were off slightly while the inventory is shrinking to very, very small numbers.

The absorption rate for July is 3.2 months.  A very strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The July 2012 numbers were:  28 active listings, 7 pending sales and 3 closed sales.   Strong activity when compared to last year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

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, July 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential, July 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2013

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

 

There are currently 238 active listings. ( Down by 10 homes from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

96 Residential sales are pending and awaiting close  (A decrease of 11 homes from June)

Pending - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

42 Homes Sold in July (Up by 5 homes from last month)

Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

Closed sales were up for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  After an increase of inventory in June, we’re back to lower numbers for July.  Pending sales were also off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.7 months.  Back to a slight sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2012 were:  279 active listings, 77 pending sales and 31 closed sales.   Much better activity year to year for the Hobe Sound residential real estate market.

 

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

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

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, July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2013

 

For July 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 31 active listings. ( No change from June)

Active Listings - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

19 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from June)

Pending - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

9 Condos Sold (An increase of 2 condos from June)

Sold Listings - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low (though unchanged from June).   Pending sales were off slightly (not unexpected as the inventory is so low) while sales were up by two units.

The one month absorption rate for the July 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.4 months, signifying a shift to a strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The July 2012 numbers were: 54 active listings, 23 pending sales and 5 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.


 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Market Summary - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

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 July 2013

Stuart Florida Market Report ZIP Code 34997 Condo July 2013

Stuart Florida Market Report ZIP Code 34997 Condo July 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2013

 

For July 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 80 active condo listings (An increase of 3 condos form June).

Active Listings - Stuart Florida Market Report ZIP Code 34997 Condo July 2013

 

31 Condo sales are pending and awaiting close or lender approval (Down 1 condo from June).

Pending Listings - Stuart Florida Market Report ZIP Code 34997 Condo July 2013

 

12 Condos Sold in July (An increase of 4 condos from June).

Sold Listings - Stuart Florida Market Report ZIP Code 34997 Condo July 2013

 

A second slower month of activity for the Stuart condo market for the area in ZIP code 34997.  Still, activity remains strong for the ‘off’ season for Florida.  We need increased inventory for this market to get back to the fast pace we saw this spring.

The one month absorption rate dropped to 6.7 months.  Very close to a balanced market.   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The July 2012 numbers were: 100 active listings, 28 pending sales and 13 closed sales.  Similar activity as compared to last year.  With a 20% lower inventory, these are good results. 

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
Market Summary - Stuart Florida Market Report ZIP Code 34997 Condo July 2013
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential July 2013

Stuart Florida Market Report ZIP Code 34997 Residential July 2013

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

 

There are currently 331 active listings (A decrease of 1 home from June).

Active Listings - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

166 Residential sales are pending and awaiting close or lender approval (A decrease of 6 home from June).

Pending Listings - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

 

62 Homes Sold in July (Down 6 homes from June)

Sold Listings - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

 

Activity eased for the second month in a row for the Stuart Florida Market Report ZIP Code 34997.  Inventory remained basically unchanged while both pending and closed sales saw decreases.  This is still a sellers market for now, but if this trend continues we will probably see a more balanced market in the next few months.
 
The current one month absorption rate rose to 5.3 months which still indicates a sellers market ( though it’s up from last months 4.9 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  
 
The 2012 numbers were: 330 active listings, 222 pending listings and 50 closed sales.  Better closed activity this year, while pending sales are significantly lower.  Unusually for this segment of the Stuart residential market, the inventory is similar to last year.  (Most of our areas have reduced inventory this year as compared to last)
 
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
 
Market Summary - Stuart Florida Market Report ZIP Code 34997 Residential July 2013

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 July 2013

Stuart Florida Market Report ZIP Code 34996 Residential July 2013

Stuart Florida Market Report ZIP Code 34996 Residential July 2013

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

 

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

There are currently 126 active listings (Decreased by 27 homes from June).

Active Listings - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 

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

Pending Listings - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 

15 Homes Sold in July (Decreased by 6 homes from June).

Sold Listings - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

 

In the 34996 zip code area of Stuart Florida real estate market activity for July 2013 there was a large drop in inventory for July.  Whether sellers are taking a break for the summer or waiting for prices to increase, only time will tell.  Closed sales were off slightly in July while we did have a small rise in pending sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 8.4 months, remaining a buyer’s market.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for July of 2012 were: 166 active listings, 28 pending sales and 11 closed sales.  Considerably better activity this year as compared to last, especially when considering the lower number of available homes for sale.

 

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

Market Summary - Stuart Florida Market Report ZIP Code 34996 Residential July 2013

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 July 2013