Jensen Beach Florida Market Report ZIP Code 34957 Residential September 2013

10.26.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential September 2013

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

 For September 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 124 active listings. (An increase of 2 homes from last month)
Jensen Beach Florida Market Report ZIP Code 34957 Residential September 2013

69 Residential sales are pending and awaiting close or lender approval. (Down 2 homes from August)
Jensen Beach Florida Market Report ZIP Code 34957 Residential September 2013

28 Homes Sold (Increased by 3 homes from August)Jensen Beach Florida Market Report ZIP Code 34957 Residential September 2013

September 2013 saw very small changes from August in the Jensen Beach residential real estate market, zip code 34957.  After quite an active winter and spring, the summer months have resulted in slower activity.  Though still an active market from previous years.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.4 months (4.8 months in August).  Still a strong sellers’ market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The September 2012 numbers were: 128 active listings, 78 pending sales and 25 home sales closed.   Very similar results to last September for Jensen beach, FL zip code area 34957.
 
 
 
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 Residential September 2013

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Jensen Beach Florida Market Report ZIP Code 34957 Residential September 2013

Palm City Florida Market Report ZIP Code 34990 Condo September 2013

10.25.13 by

Palm City Florida Market Report ZIP Code 34990 Condo September 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2013

 

For September 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 55 active condo listings. (Up by 2 condos from August)
Palm City Florida Market Report ZIP Code 34990 Condo September 2013

8 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)
Palm City Florida Market Report ZIP Code 34990 Condo September 2013

 

5 Condos Sold in September. (Up by 5 condos from August)

Palm City Florida Market Report ZIP Code 34990 Condo September 2013

 

 The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  September saw little change in this segment with the exception of 5 sales, after no sales back in August.

The current absorption rate for condos in the 34990 zip code area is 11 months, signifying a buyers market.   A balanced market is considered to be an absorption rate of around 6 months.
 
The September 2012 numbers were: 62 active listings, 6 pending sales and 4 closed sales.   Better numbers for this year than for September of 2012.

 

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 September 2013

 

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Palm City Florida Market Report ZIP Code 34990 Condo September 2013

Palm City Florida Market Report ZIP Code 34990 Residential September 2013

10.24.13 by

Palm City Florida Market Report ZIP Code 34990 Residential September 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2013

 

For September 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 379 active listings (An increase of 25 homes from August) Report ZIP Code 34990 Residential September 2013

 

147 Residential sales are pending and awaiting close or lender approval. (An increase of 6 homes from last month) Report ZIP Code 34990 Residential September 2013

 

48 Homes Sold in September (Decreased by 29 homes from August) Report ZIP Code 34990 Residential September 2013

 
Sales were off for September in the Palm City, zip code 34990, area of Martin County Florida.   Though, after many months of decreasing inventory there was a surprising jump in September by 25 homes.  Pending sales were up indicating a possible greater closed sales activity for the near future.
 
The current absorption rate jumped to 7.9 months from 4.6 months in August.  Back into a buyers market for the first time in months.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  I don’t expect a buyers market to last, as I think sales will be picking up soon in Palm City once again.

The September 2012 numbers were:  402 active listings, 170 pending sales and 33 closed sales.   Pending sales are off from last year, but all other numbers are positive.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

 Report ZIP Code 34990 Residential September 2013

 

 

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Palm City Florida Market Report ZIP Code 34990 Residential September 2013

Stuart Florida Market Report ZIP Code 34997 Residential September 2013

10.22.13 by

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
 
 

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Stuart Florida Market Report ZIP Code 34997 Residential September 2013

Stuart Florida Market Report ZIP Code 34996 Residential September 2013

10.18.13 by

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

 

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Stuart Florida Market Report ZIP Code 34996 Residential September 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

09.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

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

 For August 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 122 active listings. (A decrease of 3 homes from last month)
Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

71 Residential sales are pending and awaiting close or lender approval. (Down 1 home from July)
Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

25 Homes Sold (Increased by 1 home from July)Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

The Jensen Beach residential real estate market, zip code 34957  eased a bit in July, and remained fairly static for August, after an exceptionally good Spring and early Summer.  Both pending and closed sales changed by only 1 while the inventory declined by 3 homes.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.8 months (5.1 months in July). We remain in a fairly strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2012 numbers were: 128 active listings, 83 pending sales and 26 home sales closed.  Year to year, the market for Jensen Beach single family homes remains steady and active.
 
 
 
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 Residential August 2013
 

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Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

09.24.13 by

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

 

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Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

Palm City Florida Market Report ZIP Code 34990 Condo August 2013

09.23.13 by

Palm City Florida Market Report ZIP Code 34990 Condo August 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2013

 

For August 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 53 active condo listings. (Down by 1 condo from July)
Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

10 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)
Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

0 Condos Sold in August. (Down 6 condos from July)

 

 The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  There were no sales in August for condos, while the inventory and pending sales moved only by one condo each.

 
The current absorption rate for condos in the 34990 zip code area is not available with zero sales.  A balanced market is considered to be an absorption rate of around 6 months.
 
The August 2012 numbers were: 63 active listings, 6 pending sales and 4 closed sales.   The higher pending numbers this year should indicate some sales in the near future.

 

 

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 August 2013

 

 

Search here for Palm City Florida Real Estate for Sale ( Condos)
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Palm City Florida Market Report ZIP Code 34990 Condo August 2013

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

09.23.13 by

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2013

 

For August 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 352 active listings (A decrease of 8 homes from July)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

141 Residential sales are pending and awaiting close or lender approval. (A decrease of 12 homes from last month)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

77 Homes Sold in August (Increased by 7 homes from July)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 
A little bit of easing for the market activity in the Palm City, zip code 34990, area of Martin County Florida. The inventory continues to decline and pending sales were off for the second month in a row.  The only bright note was the increased number of closed sales. 
 
The current absorption rate dropped to 4.6 months from 5.5 months in July.  An indication of a strong sellers market for now.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  With lower inventory and reduced pending sales, I’m expecting an easing of the absorption rate in the coming months.

The August 2012 numbers were:  400 active listings, 161 pending sales and 68 closed sales.   Other than the pending sales numbers, we’re doing considerably better than last year in the Palm City single family market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

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Palm City Florida Market Report ZIP Code 34990 Residential August 2013

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

09.18.13 by

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
 

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Stuart Florida Market Report ZIP Code 34997 Residential August 2013

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

09.16.13 by

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

 

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Stuart Florida Market Report ZIP Code 34996 Residential August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

08.21.13 by

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

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Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

08.20.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

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

 For July 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 122 active listings. (An increase of 10 homes from last month)

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

 

72 Residential sales are pending and awaiting close or lender approval. (Down 3 home from June)

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

 

24 Homes Sold (Down by 7 homes from June)

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

 

The Jensen Beach residential real estate market, zip code 34957  eased a bit in July after an exceptionally good Spring and early Summer.  Both pending and closed sales were off and the inventory rose.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 5.1 months. Which is still a seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The July 2012 numbers were: 113 active listings, 94 pending sales and 22 home sales closed.  One of the few Martin County areas where inventory is greater this year than last.  Also, fairly similar closed sales while a lower number of pending sales as compared to last year.
 
 
 
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 Residential July 2013

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Jensen Beach Florida Market Report ZIP Code 34957 Residential July 2013

Palm City Florida Market Report ZIP Code 34990 Condo July 2013

08.19.13 by

Palm City Florida Market Report ZIP Code 34990 Condo July 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2013

 

For July 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 54 active condo listings. (Down by 4 condos from June)

Active Listings - Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

9 Condo sales are pending and awaiting close or lender approval. (Decreased by 5 condos from last month)

Pending Listings - Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

6 Condos Sold in July. (Down 2 condos from June)

Sold Listings - Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  Both pending and closed sales were off this month compared to June as well as another month with decreasing inventory.
 
The current absorption rate for condos in the 34990 zip code area rose to 8.3 months.  Drifting back into a buyers market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The July 2012 numbers were: 62 active listings, 7 pending sales and 1 closed sales.   Even with the significantly lower number of active condo listings, this year’s activity is much better.

 

 

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 - Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

Search here for Palm City Florida Real Estate for Sale ( Condos)
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Palm City Florida Market Report ZIP Code 34990 Condo July 2013

Palm City Florida Market Report ZIP Code 34990 Residential July 2013

08.18.13 by

Palm City Florida Market Report ZIP Code 34990 Residential July 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2013

 

For July 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 360 active listings (A decrease of 22 homes from June)

Active Listings - Palm City Florida Market Report ZIP Code 34990 Residential July 2013

 

153 Residential sales are pending and awaiting close or lender approval. (A decrease of 9 homes from last month)

Pending Listings - Palm City Florida Market Report ZIP Code 34990 Residential July 2013

 

70 Homes Sold in July (Increased by 1 home from June)

Sold Listings - Palm City Florida Market Report ZIP Code 34990 Residential July 2013

 
The Palm City, zip code 34990, area of Martin County Florida continues to have impressive market activity.  But, the inventory is getting to levels that are starting to effect year to year numbers.  For the month, sales were up by 1 home while the pending sales decreased by 9. 
 
The current absorption rate remained steady at 5.5 months, which still indicates a slight sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2012 numbers were:  416 active listings, 169 pending sales and 63 closed sales.   Closed sales outperformed last years volume, but pendings are now off slightly.  I expect slower activity if the inventory continues to drop.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

Market Summary - Palm City Florida Market Report ZIP Code 34990 Residential July 2013

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Palm City Florida Market Report ZIP Code 34990 Residential July 2013

Stuart Florida Market Report ZIP Code 34997 Residential July 2013

08.16.13 by

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

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Stuart Florida Market Report ZIP Code 34997 Residential July 2013

Stuart Florida Market Report ZIP Code 34996 Residential July 2013

08.14.13 by

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

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Stuart Florida Market Report ZIP Code 34996 Residential July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

07.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

 

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

 

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

There are currently 31 active listings. ( A decrease of 13 condos from May)

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24 Condo sales are pending and awaiting close or lender approval. (Unchanged from May)

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7 Condos Sold (Unchanged from May)

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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.   No changes for the June numbers for both pending and closed sales while the inventory dropped by close to 25% to only 31 active units.  If this low level continues, sales numbers are almost a certainty to drop lower.

The one month absorption rate for the June 2013, Jensen Beach Florida Market Report ZIP Code 34957 is now down to 4.4 months, signifying a shift to a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The June 2012 numbers were: 58 active listings, 21 pending sales and 6 condos closed.   When the reduced inventory is factored into this activity, this years numbers are much more active.


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

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

07.22.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2013

 For June 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 112 active listings. (An increase of 9 homes from last month)

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75 Residential sales are pending and awaiting close or lender approval. (Down 1 home from May)

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31 Homes Sold (Up by 4 homes from May)

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The Jensen Beach residential real estate market, zip code 34957 had a solid June 2013 with an increase in closed sales, only 1 fewer pending sales and a welcome increase of inventory.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased again, now only 3.6 months, a strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The June 2012 numbers were: 121 active listings, 88 pending sales and 25 home sales closed.  Jensen Beach , FL residential real estate continues to outperform many of the surrounding areas.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
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Search here for Jensen Beach Real Estate for Sale

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

 

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Jensen Beach Florida Market Report ZIP Code 34957 Residential June 2013

Palm City Florida Market Report ZIP Code 34990 Condo June 2013

07.21.13 by

Palm City Florida Market Report ZIP Code 34990 Condo June 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2013

 

For June 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 54 active condo listings. (Up by 2 condos from May)

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14 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)

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8 Condos Sold in June. (Up 5 condos from May)

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The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.   Sales were up by more than double from last month, while pending sales were off by 2 condos, and a small increase of 2 condos to the inventory.
 
The current absorption rate for condos in the 34990 zip code area dropped to 6.8 months.  A steep drop to almost a balanced market for this month, as a balanced market is considered to be an absorption rate of around 6 months.
 
The June 2012 numbers were: 66 active listings, 5 pending sales and 3 closed sales.   Even with the significantly lower number of active condo listings, this year’s activity is much better.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

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Search here for Palm City Florida Real Estate for Sale ( Condos)
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Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Market Report ZIP Code 34990 Condo June 2013