Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach FL 34957 Condo Market Report October 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2015

 

For October 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 24 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

17 Condo sales are pending and awaiting settlement. (Up by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

4 Condos Sold (Decreased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

 The Jensen Beach FL 34957 Condo Market Report October 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  It was good to see an increase in inventory, though it is still at historically low levels.  Activity remains quite strong.

The one month absorption rate for the October 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6  months (from 3.7 months in September), bringing this segment of the Martin County condo market back into a balanced one.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2014 numbers were: 33 active listings, 14 pending sales and 3 condos closed.  Overall a slight improvement this year as compared to 2014.

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach FL 34957 Residential Market Report October 2015

Jensen Beach FL 34957 Residential Market Report October 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2015

 For October 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 119 active listings. (Down by 14 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2015

48 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2015

27 Homes Sold (Decreased by 4 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2015

The Jensen Beach FL 34957 Residential Market indicated a little slower pace with the approaching off season. Though, still a sellers market as it has been for over a year.  Interestingly, this is one of the only Martin County areas with a decrease in the inventory for October.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.9 months (was 3.8 months in September).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2014 numbers were: 125 active listings, 62 pending sales and 22 home sales closed.   A bit more closed sales this year as compared to 2014, but pending sales are not quite as strong.
Jensen Beach FL 34957 Residential Market Report October 2015

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Jensen Beach FL 34957 Residential Market Report October 2015

Palm City FL 34990 Condo Market Report October 2015

Palm City FL 34990 Condo Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2015

 

For October 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 54 active condo listings. (Increased by 2 condos from September)

Palm City FL 34990 Condo Market Report October 2015

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

Palm City FL 34990 Condo Market Report October 2015

3 Condos Sold in October. (No change in sold condos from September)

Palm City FL 34990 Condo Market Report October 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  A fairly slow market for sales, though pending sales and activity did rise for October.

The current absorption rate for condos in the 34990 zip code area increased to 18 months (was 17.3 months in October).   Even greater buyer’s market than last month. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The October 2014 numbers were: 58 active listings, 9 pending sales and 3 closed sales.   Very similar activity as last year.
Palm City FL 34990 Condo Market Report October 2015

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Palm City FL 34990 Condo Market Report October 2015

Palm City FL 34990 Residential Market Report October 2015

Palm City FL 34990 Residential Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2015

 

For October 2015 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 377 active listings (Increased by 12 homes from September)

Palm City FL 34990 Residential Market Report October 2015

 137 Residential sales are pending and awaiting close or lender approval. (Decreased by 18 homes from last month)

Palm City FL 34990 Residential Market Report October 2015

58 Homes Sold in September (Decreased by 2 sold homes from September)

Palm City FL 34990 Residential Market Report October 2015

After a very strong September, the Palm City FL 34990 residential real estate market continues to show excellent sales activity. Also nice to see an increase in inventory for the second month in a row.  The Palm City FL real estate market continues to show excellent resilience even as we approach our typically slower season.
 The current absorption rate increased slightly to to 6.5 months from 6 months in September.  Still a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The October 2014 numbers were:  455 active listings, 122 pending sales and 58 closed sales.  Same closed activity as last year and higher pending numbers even with reduced inventory.

Palm City FL 34990 Residential Market Report October 2015

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Palm City FL 34990 Residential Market Report October 2015

Stuart FL 34997 Residential Market Report October 2015

Stuart FL 34997 Residential Market Report October 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2015

 

There are currently 308 active listings (Increased by 31 homes from September).

Stuart FL 34997 Residential Market Report October 2015

163 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from September).

Stuart FL 34997 Residential Market Report October 2015

66 Homes Sold in October (Decreased by 15 homes from September)

Stuart FL 34997 Residential Market Report October 2015

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest and has been the strongest segment of the Martin County single family real estate market.  Nice to see a couple of months of increased inventory.
     The current one month absorption rate increased to 4.7  months (was 3.4 months for September).  Most of this increase is due to the stronger inventory numbers and we still remain in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for October, were: 368 active listings, 144 pending listings and 81 closed sales.  Considerably stronger closed activity last October, though the increased number of pending sales might hold promise for the next few months.
Stuart FL 34997 Residential Market Report October 2015

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Stuart FL 34997 Residential Market Report October 2015

 

Stuart FL 34996 Residential Market Report October 2015

Stuart FL 34996 Residential Market Report October 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2015

For October 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 161 active listings (Up by 25 homes from September).

Stuart FL 34996 Residential Market Report October 2015

17 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from September).

Stuart FL 34996 Residential Market Report October 2015

12 Homes Sold in October (Unchanged from September).

Stuart FL 34996 Residential Market Report October 2015

The 34996 zip code area of the Stuart Florida residential real estate market had a surprising jump in inventory for October.  While this should be good news for buyers as there is a better selection of available homes, the corresponding increase in sales activity has not yet materialized.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October continued to slide up to 13.4 months as compared to September’s 11.3 months.  A strong buyers market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2014 were: 156 active listings, 32 pending sales and 11 closed sales.  While closed sales were close to last year, the reduced number of pending sales this year is a bit troubling.

Stuart FL 34996 Residential Market Report October 2015

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Stuart FL 34996 Residential Market Report October 2015

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach FL 34957 Condo Market Report September 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2015

 

For September 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 22 active listings. (Decreased by 6 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2015

12 Condo sales are pending and awaiting settlement. (Down by 1 condo from August)

Jensen Beach FL 34957 Condo Market Report September 2015

6 Condos Sold (Increased by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2015

 The Jensen Beach FL 34957 Condo Market Report September 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Activity remains remarkably strong in Jensen Beach condos even though the inventory is now very, very low.  As we head into the slower months (historically), I’m hoping to see some more product come on the market.

The one month absorption rate for the September 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.7  months (from 4.4 months in August), even a stronger sellers’ market than last month.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2014 numbers were: 34 active listings, 8 pending sales and 10 condos closed.  Better closed numbers from last year, though pending sales are better this year.

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach FL 34957 Residential Market Report September 2015

Jensen Beach FL 34957 Residential Market Report September 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2015

 For September 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 119 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2015

61 Residential sales are pending and awaiting close or lender approval. (Down by 16 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2015

31 Homes Sold (Increased by 1 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2015

The Jensen Beach FL 34957 Residential Market remains quite strong.  This is one of the few areas in our County with increased inventory from last year.  Pending sales were off from month to month as well as last year, but closed sales have remained very strong.  And, prices continue to go up.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased slightly to 3.8 months (was 3.9 months in August).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2014 numbers were: 112 active listings, 74 pending sales and 39 home sales closed.   Better activity last year, but this is still a strong market favoring sellers.
Jensen Beach FL 34957 Residential Market Report September 2015

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Jensen Beach FL 34957 Residential Market Report September 2015

Palm City FL 34990 Condo Market Report September 2015

Palm City FL 34990 Condo Market Report September 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2015

 

For September 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 52 active condo listings. (No change in active condos from August)

Palm City FL 34990 Condo Market Report September 2015

8 Condo sales are pending and awaiting close or lender approval. (No change in pending condos from last month)

Palm City FL 34990 Condo Market Report September 2015

3 Condos Sold in September. (Down by 1 condos from August)

Palm City FL 34990 Condo Market Report September 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Very little change month to month for the Palm City condo market.  One less sale and everything else remained unchanged.

The current absorption rate for condos in the 34990 zip code area jumped to 17.3 months (was 13 months in September).   Even greater buyer’s market than last month. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The September 2014 numbers were: 60 active listings, 4 pending sales and 0 closed sales.   Better activity this year for condos in Palm City.
Palm City FL 34990 Condo Market Report September 2015

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Palm City FL 34990 Condo Market Report September 2015

Palm City FL 34990 Residential Market Report September 2015

Palm City FL 34990 Residential Market Report September 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2015

 

For September 2015 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 365 active listings (Increased by 10 homes from August)

Palm City FL 34990 Residential Market Report September 2015

 155 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month)

Palm City FL 34990 Residential Market Report September 2015

60 Homes Sold in August (Decreased by 14 sold homes from August)

Palm City FL 34990 Residential Market Report September 2015

After a very strong August, the Palm City FL 34990 residential real estate market continues to show excellent sales activity. Also nice to see an increase in inventory for this month. This could be a result of the continuing fairly strong gains in prices in the past two years.
 The current absorption rate increased slightly to to 6 months from 4.8 months in August.  Into a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2014 numbers were:  433 active listings, 120 pending sales and 70 closed sales.  Better closed numbers last year, but even with the reduced inventory there is a greater number of pending sales for this year.

Palm City FL 34990 Residential Market Report September 2015

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Palm City FL 34990 Residential Market Report September 2015

Stuart FL 34997 Residential Market Report September 2015

Stuart FL 34997 Residential Market Report September 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2015

 

There are currently 277 active listings (Increased by 30 homes from August).

Stuart FL 34997 Residential Market Report September 2015

174 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from August).

Stuart FL 34997 Residential Market Report September 2015

81 Homes Sold in September (Increased by 2 homes from August)

Stuart FL 34997 Residential Market Report September 2015

      The Stuart Florida Residential Market for ZIP Code 34997 remains one of the strongest local markets.  For September we had a very welcome increase in inventory that should help maintain strong sales numbers for the foreseeable future.
     The current one month absorption rate increased slightly to 3.4  months (was 3.1 months for August).  Most of this increase is due to the stronger inventory numbers and we still remain in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for September, were: 351 active listings, 154 pending listings and 87 closed sales.  With the reduced inventory of this year, we are starting to fall behind as compared to last year’s inventory.
Stuart FL 34997 Residential Market Report September 2015

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Stuart FL 34997 Residential Market Report September 2015

 

Stuart FL 34996 Residential Market Report September 2015

Stuart FL 34996 Residential Market Report September 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2015

 

For September 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 136 active listings (Down by 3 homes from August).

Stuart FL 34996 Residential Market Report September 2015

27 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2015

12 Homes Sold in September (Decreased by 2 homes from August).

Stuart FL 34996 Residential Market Report September 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle a bit, especially when compared to the neighboring zip codes.  There are many luxury properties in this area and it’s not uncommon for these to take a bit longer to sell than the more modestly priced homes in other areas.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September continued its decrease to 11.3 months as compared to August’s atrocious 9.8 months.  A strong buyers market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September of 2014 were: 155 active listings, 32 pending sales and 7 closed sales.  Sales volume and activity while not robust for the 34996 zip code area continues to outperform last years numbers.

Stuart FL 34996 Residential Market Report September 2015

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Stuart FL 34996 Residential Market Report September 2015

Jensen Beach FL 34957 Condo Market Report August 2015

Jensen Beach FL 34957 Condo Market Report August 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2015

 

For August 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 22 active listings. (Decreased by 3 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2015

13 Condo sales are pending and awaiting settlement. (Unchanged from July)

Jensen Beach FL 34957 Condo Market Report August 2015

5 Condos Sold (Increased by 2 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2015

Jensen Beach FL 34957 Condo Market Report August 2015

 The Jensen Beach FL 34957 Condo Market Report August 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Inventory levels are now at historic lows and unless we get some more condos on the market, I suspect this will be a quiet fall and early winter for the Jensen Beach condo market.

The one month absorption rate for the August 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 4.4  months (from 8.3 months in July), back into a sellers’ market after after a one month buyers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2014 numbers were: 26 active listings, 16 pending sales and 3 condos closed.  Better closed numbers for this year, though pending sales were better last year.

Jensen Beach FL 34957 Condo Market Report August 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report August 2015

Jensen Beach FL 34957 Residential Market Report August 2015

Jensen Beach FL 34957 Residential Market Report August 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2015

 For August 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 108 active listings. (Up by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2015

77 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2015

30 Homes Sold (Decreased by 5 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2015

The Jensen Beach FL 34957 Residential Market eased for the second month in a row, yet this is still very much of a sellers market.  We’ve had two months of increasing inventory which is good news for buyers and the general health of this market.  Going into the holiday months, I expect sales activity to decrease until we get into our next season.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.9 months (was 3.1 months in July).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2014 numbers were: 104 active listings, 74 pending sales and 29 home sales closed.   Much less pending activity as compared to last year and similar closed activity.  Inventory is greater this year which is very unusual for our market at this time.
Jensen Beach FL 34957 Residential Market Report August 2015

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Jensen Beach FL 34957 Residential Market Report August 2015

Palm City FL 34990 Condo Market Report August 2015

Palm City FL 34990 Condo Market Report August 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2015

 

For August 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 52 active condo listings. (Down by 8 condos from July)

Palm City FL 34990 Condo Market Report August 2015

8 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condos from last month)

Palm City FL 34990 Condo Market Report August 2015

4 Condos Sold in August. (Down by 2 condos from July)

Palm City FL 34990 Condo Market Report August 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Last month’s rebound in the inventory was wiped out in August.  So we’re back to small numbers of available condos, though that didn;t do very much for the number of closed sales which was off for the month.

The current absorption rate for condos in the 34990 zip code area jumped to 13 months (was 10 months in August).   Now a strong buyer’s market. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The August 2014 numbers were: 60 active listings, 4 pending sales and 4 closed sales.   Very similar activity levels as compared to last year with the exception of double the number of pending sales this year.
Palm City FL 34990 Condo Market Report August 2015

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Palm City FL 34990 Condo Market Report August 2015

Palm City FL 34990 Residential Market Report August 2015

Palm City FL 34990 Residential Market Report August 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2015

 

For August 2015 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 355 active listings (Decreased by 8 homes from July)

Palm City FL 34990 Residential Market Report August 2015

 155 Residential sales are pending and awaiting close or lender approval. (Decreased by 7 homes from last month)

Palm City FL 34990 Residential Market Report August 2015

74 Homes Sold in July (Increased by 3 sold homes from July)

Palm City FL 34990 Residential Market Report August 2015

After a very strong July, the Palm City FL 34990 residential real estate market continues to show strong sales activity while the inventory of available homes for sale continues to decrease.  Prices continue their steady march higher so we’ll see if this is enough of an incentive to make potential sellers put their homes on the market in the coming months.  Though, I don’t anticipate any large movement until the end of the holiday season.
 The current absorption rate decreased slightly to to 4.8  months from 5.1 months in July.  Still a sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The August 2014 numbers were:  436 active listings, 145 pending sales and 76 closed sales.  Considering how much smaller inventory there is this year as compared to last, our market activity is better overall than it was in 2014.

Palm City FL 34990 Residential Market Report August 2015

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Palm City FL 34990 Residential Market Report August 2015

Stuart FL 34997 Residential Market Report August 2015

Stuart FL 34997 Residential Market Report August 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2015

 

There are currently 247 active listings (Increased by 15 homes from July).

Stuart FL 34997 Residential Market Report August 2015

174 Residential sales are pending and awaiting close or lender approval (Decreased by 16 homes from July).

Stuart FL 34997 Residential Market Report August 2015

79 Homes Sold in August (Decreased by 4 homes from July)

Stuart FL 34997 Residential Market Report August 2015

      The Stuart Florida Residential Market for ZIP Code 34997 remains one of the strongest local markets.  The good news is that the inventory actually rose this month after many, many months of declines.  Activity did slow some, but this is still a super hot segment and still a sellers market.
     The current one month absorption rate increased to 3.1  months (was 2.8 months for July).  Remaining in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for August, were: 351 active listings, 171 pending listings and 95 closed sales.  With the reduced inventory of this year, we are starting to fall behind as compared to last year’s inventory.
Stuart FL 34997 Residential Market Report August 2015

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Stuart FL 34997 Residential Market Report August 2015

 

Stuart FL 34996 Residential Market Report August 2015

Stuart FL 34996 Residential Market Report August 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2015

 

For August 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 139 active listings (Up by 4 homes from July).

Stuart FL 34996 Residential Market Report August 2015

32 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from July).

Stuart FL 34996 Residential Market Report August 2015

14 Homes Sold in August (Increased by 3 homes from July).

Stuart FL 34996 Residential Market Report August 2015

The 34996 zip code area of the Stuart Florida residential real estate market is slowly but surely making a come back to good activity.  While there’s still room for improvement, sales were up and pending sales are also strong for good potential future activity.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August continued its decrease to 9.8 months as compared to July’s atrocious 12.3 months.  Still a strong buyers market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for August of 2014 were: 155 active listings, 28 pending sales and 13 closed sales.  Even with our current reduced inventory, sales activity was better for this year than last.

Stuart FL 34996 Residential Market Report August 2015

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Stuart FL 34996 Residential Market Report August 2015

Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach FL 34957 Condo Market Report July 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2015

 

For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 25 active listings. (Decreased by 6 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

13 Condo sales are pending and awaiting settlement. (Increased by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

3 Condos Sold (Decreased by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2015

 The Jensen Beach FL 34957 Condo Market Report July 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Activity has been dropping in the Jensen Beach condo market.  Some of this decrease is due to the very low inventory levels we presently have and the rest due to the fact that summer is a slow season for our condo market.

The one month absorption rate for the July 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.3  months (from 6.2 months in June), back into a buyer’s market after many, many months of being a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2014 numbers were: 30 active listings, 13 pending sales and 1 condos closed.  Slightly better closed numbers this year.

Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach Condominium Properties by Price


Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report July 2015

Jensen Beach FL 34957 Residential Market Report July 2015

Jensen Beach FL 34957 Residential Market Report July 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2015

 For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 108 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2015

85 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2015

35 Homes Sold (Decreased by 11 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2015

The Jensen Beach FL 34957 Residential Market eased a little for July in sales activity.  Though it remains quite strong and we wouldn’t mind seeing a bit more inventory come on the market to make this activity a bit more sustainable for the future..  The Jensen Beach residential sales activity remains among the strongest of the County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.1 months (was 2.6 months in June).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2014 numbers were: 104 active listings, 76 pending sales and 29 home sales closed.   One of our few areas in Martin County where the inventory this year exceeds last year’s.  Market activity for 2015 is also much better than last year.
Jensen Beach FL 34957 Residential Market Report July 2015

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Jensen Beach FL 34957 Residential Market Report July 2015