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

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

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

For May 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the April Market Snapshot data was unavailable)

There are currently 58 active listings. ( Up 5 from April)

26 Condo sales are pending and awaiting close or lender approval. (Down 2 condos from April)

8 Condos Sold (Unchanged from April)


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory remains very low, though there was a small rise this month. Pending sales remain high and closed sales were steady at 8 condos sold for the third month. With an May absorption rate of 7.3 months, the Jensen Beach condo market is very close to a balanced market.

Last May there were 55 active listings, 19 pending sales and 7 closed sales.  With the exception of a higher number of pending sales, basically this market is very similar to last year.

 

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

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

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

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

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

There are currently 110 active condo listings (A decrease of 5 condos form April).

29 Condo sales are pending and awaiting close or lender approval (Down 5 condos from April).

14 Condos Sold in June (A decrease of 4 condos from April).

A slightly disappointing month for the Stuart condo market for the area in ZIP code 34997.  While inventory decreased to 110 condos both pending and closed sales were also off.  The 34997 zip code area of Stuart contains a fairly good supply of condo communities, but there is definitely a shortage of good inventory which is affecting sales.  The current one-month absorption rate is just under 8 months.  Still a buyer’s market, but close to a balanced market which would be with a 6 to 7-month absorption rate.
Last years numbers were 111 active listings, 30 pending sales and 8 closed sales.  The market is marginally better than May of 2011.  We are now being hampered by lack of inventory.

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

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

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

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

There are currently 389 active listings (A decrease of 18 homes from April).

225 Residential sales are pending and awaiting close or lender approval (A decrease of 20 homes from April).

92 Homes Sold in April (Up 25 homes from April)

More good results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market has had an exceptionally strong spring! Inventory took another drop again in May while pending sales also dropped, most likely reflecting the decrease of seasonal home buyers on the Treasure Coast.  Sales rose to a solid 92 homes for May!  The best month in closed sales for one segment of the market in many, many years.

In May of 2011, there were 548 active listings, 173 pending sales and 53 closed sales, for the 34997 zip code for Stuart, Florida.  Even with almost 150 fewer homes available for sale, closed sales almost doubled for 2012.  A very good case can be made that the market has turned in Stuart, Florida.

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

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

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

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

For May 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 173 active listings (An increase of 8 homes from April).

33 Residential sales are pending and awaiting close or lender approval (Down 14 from April).

34 Homes Sold in May (Up 26 from April).

The 34996 zip code area of Stuart Florida had an excellent May in terms of closed sales. Pending sales, however, declined and will probably be a predictor of some easing in closed sales for the summer months ahead.  The inventory rose slightly from last month, making a few additional homes available for buyers.

Comparing the numbers to May of 2011, there were 183 active listings, 31 pending sales and 8 closed sales. With the exception of a much better sales activity for may of 2012, the remaining market activity is fairly similar to last May.

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

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

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

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

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

There are currently 35 active condo listings. (Down 3 from March)

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

5 Condos sold in April (Unchanged from March)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the martin County real estate market.  April showed continued activity with five closed sales and a further decrease in inventory. I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market, with the current absorption rate on 7 months, indicating a balanced market for April. Last April’s numbers were 39 active listings, 9 pending sales and 3 closed sales. Almost identical to this year’s numbers.

 

 

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

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

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

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

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

There are currently 315 active listings. ( A decrease of 8 homes from March)

96 Residential sales are pending and awaiting close or lender approval (A decrease of 8 homes from March)

45 Homes Sold in April (A decrease of 4 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) continued very strong results into April 2012.  The inventory decreased again while closed and pending sales were off only slightly from a strong March. Compared to last April, we had 409 active listings, 89 pending sales and 47 closed sales, we are very similar to last year’s figures, but all this with almost 25% less inventory.

The Hobe Sound real estate market (zip code 33455) has an April absorption rate of 7 months, which is basically a balanced market.  A good and healthy report.

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

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

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

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

For April 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the March Market Snapshot data was unavailable)

There are currently 53 active listings. (Down 15 from March)

28 Condo sales are pending and awaiting close or lender approval. (Up 2 condos from March)

8 Condo Sold (Unchanged from March)

The Jensen Beach Condo market (zip code 34957)  is a fairly small segment of the Martin County condo market.  The current inventory has fallen to new lows with only 53 condos on the market.  Pending sales remain high and closed sales were unchanged from last month.   With an April absorption rate of 6.7 months, this is currently a balanced market.

Last April there were 61 active listings, 20 pending sales and 6 closed sales. Basically unchanged over the year.

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

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

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

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

 

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

 

There are currently 115 active condo listings (An increase of 6 condos form March).

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

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18 Condos Sold in June (An increase of 4 condos from March).

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Fairly positive April results for the Stuart condo market for the area in ZIP code 34997.  A small increase in inventory and also a small decrease in pending sales, possibly showing the seasonal slowdown for the condo market.  Closed sales were up from March though.
Last years numbers were 124 active listings, 23 pending sales and 9 closed sales. Considerably better April of 2012 compared to last year for the Condo market of the 34997 zip code area of Stuart, Florida.

 

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

 

 

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

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

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

There are currently 407 active listings (A decrease of 21 homes from March).

245 Residential sales are pending and awaiting close or lender approval (A decrease of 18 homes from March).

67 Homes Sold in March (Up 6 homes from March)

Another positive month for the 34997 zip code area of Stuart Florida. This segment of the martin County real estate market is just HOT! Inventory took another drop again in April while pending sales also dropped slightly and closed sales were up to 67 sold homes. There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales. Hopefully, the majority of these will receive approval and close. It is significant to note that the active inventory has decreased significantly in the past three months, representing over a 30% drop in active listings!
Compared to April of 2011, when there were 560 active listings, 195 pending sales and 55 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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

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

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

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

For April 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Unchanged from March).

47 Residential sales are pending and awaiting close or lender approval (Up 11 from March).

8 Homes Sold in April (Down 14 from March).

The 34996 zip code area of Stuart Florida showed weak sales activity in April as compared to March. Pending sales, however, were up sharply and should reflect an increased number of closed sales in the near future while the inventory remained unchanged in a continued positive trend for this section of the residential single family market in Stuart, Florida.

Comparing the numbers to April of 2011, there were 189 active listings, 27 pending sales and 11 closed sales. This April’s activity is considerably better than last year with the exception of a drop in closed sales.  There appears to be a good future trend for the 34996 section of the Stuart, Florida real estate market.

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

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

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

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

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

There are currently 38 active condo listings. (Up 6 from February)

7 Condo sales are pending and awaiting close or lender approval. (Up 3 from February)

  5 Condos sold in March (Up 4 from February)

The Hobe Sound condo market (Zip Code 33455) is a very small segment of both Hobe Sound real estate as well as the smallest condo market in Martin County. March showed some improvement from previous months, with an increase to 5 closed sales.  Inventory gre a little but with such a low inventory, I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market. Last March’s numbers were 37 active listings, 9 pending sales and 5 closed sales. Almost identical to this year’s numbers.

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

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

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

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

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

There are currently 323 active listings. ( A decrease of 19 homes from February)

104 Residential sales are pending and awaiting close or lender approval (An increase of 2 homes from February)

49 Homes Sold in March (An increase of 18 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a solid March 2012.  Inventory decreased again and closed sales were up significantly from a solid February.  Compared to last March, we had 434 active listings, 103 pending sales and 45 closed sales, we are very similar to last year’s figures, but all this with significantly less inventory.

The Hobe Sound real estate market (zip code 33455) is off to an excellent 2012, with solid market results.

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

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

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

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

For March 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the February Market Snapshot data was unavailable)

There are currently 68 active listings. (Unchanged from February)

26 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from February)

8 Condo Sold (An increase of 6 condos from February)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory that was unchanged from February and fairly good pending data.  Closed sales were up by a good amount last month. 

Last March there were 63 active listings, 21 pending sales and 7 closed sales. Basically unchanged over the year.

 

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

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

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

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

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

There are currently 109 active condo listings (An decrease of 3 condos form February).

40 Condo sales are pending and awaiting close or lender approval (Up 6 condos from February).

14 Condos Sold in June (An increase of 6 condos from February).

After treading water in February, the march results for the Stuart condo market for the area in ZIP code 34997 showed gains in all three major market stats.  Inventory decreased, pending and closed sales were both up. Considering the fairly low number of available properties, these are good solid results.

Last year’s numbers were 135 active listings, 18 pending and 18 closed sales.  Other than slightly fewer closed sales, we are doing much better in the Condo market for the 34997 zip code area of Stuart, Florida.

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

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

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

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

There are currently 428 active listings (A decrease of 43 homes from February).

263 Residential sales are pending and awaiting close or lender approval (An increase of 21 homes from February).

61 Homes Sold in February (Up 1 homes from February)

Another positive month for the 34997 zip code area of Stuart Florida.  This segment of the martin County real estate market is just HOT!  Inventory took a huge drop again in March while pending sales also rose significantly and closed sales remained steady with a significant number of sold homes.  There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales.  Hopefully, the majority of these will receive approval and close.  It is significant to note that the active inventory has decreased by over 100 homes in the past two months, representing a close to 25% drop in active listings!

Compared to March of 2011, when there were 606 active listings, 197 pending sales and 77 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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

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

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

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

For March 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Down 18 from February).

36 Residential sales are pending and awaiting close or lender approval (Up 1 from February).

22 Homes Sold in March (Up 14 from February).

The 34996 zip code area of Stuart Florida showed very strong sales activity in March.  Pending sales also remained steady and the inventory declined further in a continued positive trend for this section of the residential single family market in Stuart, Florida.  The current absorption rate is under 8 months and is only a small number away from a balanced market.  When factoring in the distressed sales, this is an impressive result for March.

Comparing the numbers to March of 2011, there were 201 active listings, 31 pending sales and 8 closed sales.  This March’s activity is considerably better than last year, especially when one considers that there were almost 25% fewer homes available for sale on the market.  Impressive results!

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

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

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

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

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

There are currently 32 active condo listings. (Unchanged from last January)

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

  1 Condo Sale closed in February (Down 4 from January)

The Hobe Sound condo market (Zip Code 33455) is a tiny segment of both Hobe Sound real estate as well as the smallest condo market on the Treasure Coast. February showed very little change from previous months, with only 1 sale closed. With such a low inventory, I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market. Last February’s numbers were 48 active listings, 12 pending sales and 3 closed sales.

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

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

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

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

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

There are currently 342 active listings. ( A decrease of 17 homes from January)

102 Residential sales are pending and awaiting close or lender approval (An increase of 22 homes from January)

31 Homes Sold in February (An increase of 11 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a solid February 2012.  Inventory decreased, sales and pending sales were up significantly from January.  Comparing to last February, we had 461 active listings, 100 pending sales and 24 closed sales, we are very similar to last years figures, but all this with significantly less inventory.

The Hobe Sound real estate market (zip code 33455) is off to an excellent 2012, with solid market results.

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

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

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

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

For February 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the January Market Snapshot data was unavailable)

There are currently 68 active listings. (Down 2 from January)

21 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from January)

2 Condo Sold (A decrease of 5 condos from January)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory and fairly good pending data.  Closed sales were down last month, but should be improving for the remainder of the season.  Last February there were 59 active listings, 21 pending sales and 5 closed sales. Basically unchanged over the year.

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

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

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

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

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

There are currently 482 active listings (Increase of 8 homes from January)

176 Residential sales are pending and awaiting close or lender approval. (An increae of 15 homes from last month)

49 Homes Sold in February (Increased 17 homes from January)

For the Palm City, zip code 34990, area of Martin County Florida, another positive month in terms of closed sales and future pending sales.  Inventory crept up by a small number, but sales activity remains strong in Palm City residential real estate. Comparing these numbers to February of 2011, when there were 570 active listings, 144 pending sales and 46 homes sold, very similar numbers with a significantly smaller inventory.

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