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

01.19.13 by

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

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

 

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



There are currently 63 active condo listings. (An increase of 2 condos from November)

[singlepic id=3210 w=600 h=600 float=center]

[singlepic id=3211 w=600 h=600 float=center]

 

8 Condo sales are pending and awaiting close or lender approval. (Down 2 condos from last month)

[singlepic id=3212 w=600 h=600 float=center]

 

3 Condos Sold in December. (Down 2 sales for November)

[singlepic id=3213 w=600 h=600 float=center]

[singlepic id=3214 w=600 h=600 float=center]

[singlepic id=3215 w=600 h=600 float=center]

[singlepic id=3216 w=600 h=600 float=center]

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For December, sales were off to 3 closed, from 5 the previous month. Pending sales were also off slightly.  The inventory of available condos for sale has taken another small increase for the second month in a row.
 
The current absorption rate for condos in the 34990 zip code area is 21 months.  A very strong buyers’ market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The December 2011 numbers were: 65 active listings, 3 pending sales and 1 closed sales.   Better activity this year as compared to the end of 2011.

 

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


Palm City Florida Real Estate presented by:
Gabe Sanders

 

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

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

01.18.13 by

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

 

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

 

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


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

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

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

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

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

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

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

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

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

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

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

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

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

 

Search here for Palm City Florida Real Estate for Sale

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

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

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

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

01.15.13 by

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

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

 

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

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

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

 

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

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

 

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

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

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

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

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

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

Search here for Stuart Florida Real Estate for Sale

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

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

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

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

01.12.13 by

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

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

 

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

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

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

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

 

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

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

 

11 Homes Sold in December (Same as November).

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

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

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

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

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

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

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

Search here for Stuart Florida Real Estate for Sale


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

 

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

Whispering Sound Villa in Palm City Sold

01.02.13 by

Whispering Sound Villa in Palm City Sold

This attractive Whispering Sound Villa in Palm City Sold on December 21, 2012.  Please welcome the happy new home owners as they prepare to make this home their own in beautiful Palm City, Florida.  The sales price was $134,000 as negotiated by the Gabe Sanders real estate team.

Whispering Sound Villa in Palm City

Delightful care free living in Whispering Sound! This popular Chateau Green floor plan shows like a model home. Low HOA fees, but with everything that you would expect, including great club house, pool, tennis, and recreation. This home is sparkling clean and turn key ready to move in to. Enjoy wooded views from the living room or screened patio. Close to shopping and minutes from the beach. Easy access to I-95 or Turnpike. This is what Florida living is all about!

Whispering Sound Villa in Palm City

Whispering Sound in palm City is a gated community of attached villas with various floor plans including 3 bedroom, 2 bedroom and 2 bedroom plus den homes.  These homes have either a single or double car garages attached.  There’s a full service club house with many activities that can keep any one in this 55+ community as active as they wish. 

Whispering Sound Villa in Palm City

Soon to be complete is the new Palm City bridge which will make access to Stuart and the beaches even easier than before.  The perfect Florida retirement community!

 

[singlepic id=1386 w=600 h=600 mode=watermark float=center]

[singlepic id=1387 w=600 h=600 mode=watermark float=center]

Search the MLS for Whispering Sound Homes and Villas for Sale

View Our Featured Listings!

Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team


Whispering Sound Villa in Palm City Sold

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

12.24.12 by

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

 

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

 

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

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

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

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

 

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

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

 

8 Condos Sold (Unchanged from October)

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

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

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

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

 


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

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

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


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

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

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

12.23.12 by

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

 

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

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

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

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

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

 

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

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

 

23 Homes Sold (Down 1 home from October)

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

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

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

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

 

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

Search here for Jensen Beach Real Estate for Sale

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

 

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

 

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

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

12.21.12 by

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

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

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



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

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

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

 

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

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

 

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

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

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

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

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

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

 

 

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


Palm City Florida Real Estate presented by:
Gabe Sanders

 

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

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

12.20.12 by

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

 

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

 

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


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

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

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

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

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

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

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

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

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

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

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

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

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

 

Search here for Palm City Florida Real Estate for Sale

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

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

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

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

12.18.12 by

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

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

 

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

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

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

 

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

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

 

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

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

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

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

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

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

Search here for Stuart Florida Real Estate for Sale

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

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

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

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

12.15.12 by

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

 

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

 

 

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

There are currently 157 active listings (Unchanged from October).

[singlepic id=3076 w=600 h=600 float=center]

[singlepic id=3077 w=600 h=600 float=center]

 

23 Residential sales are pending and awaiting close or lender approval (Down 10 from October).

[singlepic id=3078 w=600 h=600 float=center]

 

11 Homes Sold in November (Down 1 from October).

[singlepic id=3079 w=600 h=600 float=center]

[singlepic id=3080 w=600 h=600 float=center]

[singlepic id=3081 w=600 h=600 float=center]

[singlepic id=3082 w=600 h=600 float=center]

The 34996 zip code area of Stuart Florida showed a small decrease in sales for November.  Pending sales were also down  by 10 homes from last month while the inventory remained unchanged.  Not quite as good results as we’ve had through the rest of the year in the Stuart 34996 zip code area.  The one month absorption rate for the 34996 zip code area of Stuart Florida for November is 14.3 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for November of 2011 were: 173 active listings, 28 pending sales and 14 closed sales.

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, November 2012

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

11.21.12 by

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

 

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

 

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

There are currently 29 active listings. ( A decrease of 18 condos from September)

[singlepic id=3005 w=600 h=600 float=center]

[singlepic id=3006 w=600 h=600 float=center]

 

22 Condo sales are pending and awaiting close or lender approval. (Down 8 condos from September)

[singlepic id=3007 w=600 h=600 float=center]

 

8 Condos Sold (Up 5 from September)

[singlepic id=3008 w=600 h=600 float=center]

[singlepic id=3009 w=600 h=600 float=center]

[singlepic id=3010 w=600 h=600 float=center]

[singlepic id=3011 w=600 h=600 float=center]

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  After this past month’s drop in inventory, the number of available units is very small. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were down and closed sales were up for October.  With such small inventory, as well as the holidays approaching, I’m not expecting any movement from this segment of the market, unless the inventory can pick up.

The one month absorption rate for the October 2012, Jensen Beach Florida Market Report ZIP Code 34957 is 3.6 months.  The strongest seller’s market for condos in Martin County.

The October 2011 numbers were: 60 active listings, 12 pending sales and 1 condos closed.


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

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

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

11.20.12 by

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

 

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

 

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

 

There are currently 109 active listings. (Down 19 homes from last month)

[singlepic id=2963 w=600 h=600 float=center]

[singlepic id=2964 w=600 h=600 float=center]

 

74 Residential sales are pending and awaiting close or lender approval. (Down 4 homes from September)

[singlepic id=2965 w=600 h=600 float=center]

 

24 Homes Sold (Down 1 home from September)

[singlepic id=2966 w=600 h=600 float=center]

[singlepic id=2967 w=600 h=600 float=center]

[singlepic id=2968 w=600 h=600 float=center]

[singlepic id=2969 w=600 h=600 float=center]

 

The Jensen Beach residential real estate market, zip code 34957 remained at a steady pace for October.  Very little change from September with the exception of a fairly sizable drop in inventory to just over 100 homes actively on the market.  This is a very low number for the Jensen beach area of Martin County.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 4.5 months.  This is the best sellers market in our area in which the seller has an advantage over the buyer due to low inventory and increased demand.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The October 2011 numbers were: 146 active listings, 84 pending sales and 6 home sales closed.  Even with significantly less inventory, much better sales figures for October 2012.
 

Search here for Jensen Beach Real Estate for Sale

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

 

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

 

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

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

11.18.12 by

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

 

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

 

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


There are currently 420 active listings (An increase of 18 homes from September)

[singlepic id=2970 w=600 h=600 float=center]

[singlepic id=2971 w=600 h=600 float=center]

150 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month)

[singlepic id=2972 w=600 h=600 float=center]

49 Homes Sold in October (Increased by 16 homes from September)

[singlepic id=2973 w=600 h=600 float=center]

[singlepic id=2974 w=600 h=600 float=center]

[singlepic id=2975 w=600 h=600 float=center]

[singlepic id=2976 w=600 h=600 float=center]

 
For the Palm City, zip code 34990, area of Martin County Florida, a good strong October after a pretty weak September.  Closed sales came back up by 16 from a disappointing September.  The inventory of available homes for sale increased as well, but still remain at levels lower than they’ve been in quite a few years.  Pending sales were off by a bit and we expect some slower market activity for the next few months as we approach the holidays.

The current absorption rate stands at 8.6 months. Considerably better than last month’s over 1 year absorption rate.  This is a slight buyer’s market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  Much of these numbers are a reflection of the slower activity which is typical for our area in the summer months.

The October 2011 numbers were:  468 active listings, 138 pending sales and 41 closed sales.  Better than last October, especially when factoring in the lower inventory for this year.

 

Search here for Palm City Florida Real Estate for Sale

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

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

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

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

11.17.12 by

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

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

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



There are currently 59 active condo listings. (A decrease of 3 condos from September)

[singlepic id=3012 w=600 h=600 float=center]

[singlepic id=3013 w=600 h=600 float=center]

 

9 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

[singlepic id=3014 w=600 h=600 float=center]

 

No Condos Sold in October. (Down 4 from September)

[singlepic id=3017 w=600 h=600 float=center]

[singlepic id=3018 w=600 h=600 float=center]

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  For October, their were no sales closed for condos in Palm City.  The inventory decreased slightly and pending sales increased by 3.
With no sales, the absorption rate is not applicable.
The October 2011 numbers were: 59 active listings, 2 pending sales and 2 closed sales.   Inventory is the same as last year.  Pending sales are much better this year.

 

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


Palm City Florida Real Estate presented by:
Gabe Sanders

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

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

11.15.12 by

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

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

 

There are currently 360 active listings (a decrease of 5 homes from September).

[singlepic id=2991 w=600 h=600 float=center]

[singlepic id=2992 w=600 h=600 float=center]

 

189 Residential sales are pending and awaiting close or lender approval (An increase of 11 homes from September).

[singlepic id=2993 w=600 h=600 float=center]

 

51 Homes Sold in September (Up 1 home from September)

[singlepic id=2994 w=600 h=600 float=center]

[singlepic id=2995 =600 h=600 float=center]

[singlepic id=2995 w=600 h=600 float=center]

[singlepic id=2996 =600 h=600 float=center]

The 34997 zip code area of Stuart Florida continue to show strong numbers.  Inventory declined slightly while pending sales (an indication of future closed  sales) remained strong.  Closed sales were steady.
 
The current one month absorption rate is at 7 months, very close to a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 519 active listings, 194 pending listings and 47 closed sales.  Considering the amount of inventory being significantly lower this year, it’s fairly impressive that the market has performed this well.
 
 

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 2012

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

11.13.12 by

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

 

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

 

 

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

There are currently 157 active listings (Increased 4 homes from September).

[singlepic id=2984 w=600 h=600 float=center]

[singlepic id=2985 w=600 h=600 float=center]

 

33 Residential sales are pending and awaiting close or lender approval (Down 1 from September).

[singlepic id=2986 w=600 h=600 float=center]

 

12 Homes Sold in October (Up 5 from September).

[singlepic id=2987 w=600 h=600 float=center]

[singlepic id=2988 w=600 h=600 float=center]

[singlepic id=2989 w=600 h=600 float=center]

[singlepic id=2990 w=600 h=600 float=center]

The 34996 zip code area of Stuart Florida showed an increase in sales for October.  Pending sales were basically unchanged (down 1) from last month while the inventory had a small increase.  Good results when considering that this is still our off season.  The one month absorption rate for the 34996 zip code area of Stuart Florida for October is 12.8 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for October of 2011 were: 161 active listings, 35 pending sales and 5 closed sales.

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, October 2012

Skyline Drive Area Home Sold in Jensen Beach

11.08.12 by

Skyline Drive Area Home Sold in Jensen Beach

3333 NE Indian Drive has sold!

Welcome your new neighbors in the Skyline Drive area of Jensen Beach

Location, location, location makes this fully updated, rare to find 4 bedroom, 2 bathroom home with a 2 car garage, fireplace, pool, and a fenced backyard in the Skyline Drive area of Jensen Beach a true treasure.  This home is move-in ready and ideally located.  High elevation yest close to the beach as well as Jensen Beach High School.  Only minutes to downtown, restaurants, and shopping.  This home is a must see!

The Skyline Drive area is among the highest points in south Florida.  Located just north of downtown Jensen Beach and just to the east of the Indian River (also known as the Intracoastal Water Way) and enjoying cool south east breezes of the crystal clear waters of the Atlantic Ocean.

‘A’ rated school system, Easy access to medical facilities,  Numerous parks and ocean access waterways, public beaches, the Treasure Coast Mall and much, much more make the Skyline Drive area of Jensen Beach a desirable Florida location for those wishing to make Florida living their own.

Search for Skyline Drive Area Homes for Sale

View all of our Listings

Stuart Real Estate is presented by:

the Gabe Sanders real estate team

Skyline Drive Area Home Sold in Jensen Beach

Summerfield Home on Castle Pine Place in Stuart Florida Sold

11.07.12 by

Summerfield Home on Castle Pine Place in Stuart Florida Sold

Welcome your new neighbors to 2703 SE Castle Pine Place in the Summerfield Golf Club of Stuart Florida

This spacious and inviting home has sold for $280.000

No question – You will think “WOW” when you walk through the entry. Unlike all other homes in neighborhood. On a corner lot, this home is completely private with preserve and lake views.
From the moment you walk through the front door you will see how wel l maintained this home truly is. Wood and tile floors throughout. New AC. A large screened lanai features a spa (included in sale) as well as small waterfall feature.
Additionally, it is sit up for entertaining or a quiet night. Plantation shutters throug hout the home. Cedar Lined closets. You will think you are in a new home! Granite counter tops in the kitchen. Formal living and dining room. Summerfield features amenities galore with tennis courts, clubhouse, gym, pool, security gate, golf available.

Search for Summerfield Homes for Sale

View all of our Listings

Stuart Real Estate is presented by:

the Gabe Sanders real estate team

Summerfield Home on Castle Pine Place in Stuart Florida Sold

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

10.26.12 by

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

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

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

There are currently 48 active listings. ( A decrease of 2 condos from August)

30 Condo sales are pending and awaiting close or lender approval. (Up 3 condos from August)

3 Condo Sold (Down 1 from August)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory is now very low at only 48 condos available for sale. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were up marginally and closed sales fell for September by 1 unit. Considering that this is the summer season where the condo market activity is normally slow, this segment continues with good activity.

The one month absorption rate for the September 2012, Jensen Beach Florida Market Report ZIP Code 34957 stands at a very unimpressive 16 months.  Still a strong buyers market, but there just isn’t very much quality inventory.  I’m expecting this to change when some of the pending sales close.

The September 2011 numbers were: 55 active listings, 10 pending sales and 8 condos closed.  Very similar to this years numbers, but better closed activity last year.

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 2012