Jensen Beach FL 34957 Residential Market Report January 2015

Jensen Beach FL 34957 Residential Market Report January 2015

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

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

 There are currently 153 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2015

65 Residential sales are pending and awaiting close or lender approval. (Up by 9 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2015

28 Homes Sold (Decreased by 5 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2015

The Jensen Beach FL 34957 Residential Market Report continued strong positive sales results into the start of 2015.  Inventory has gone above 2014 levels, after almost a year of lower available homes.  Sales were off by a little for January but pending sales continue to be very strong.  This part of the Martin County residential market remains very active.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 5.5 months (was 4.2 months in December).  Still in a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2013 numbers were: 149 active listings, 70 pending sales and 20 home sales closed.   With similar inventory as compared to 2014, this year’s activity is better.
Jensen Beach FL 34957 Residential Market Report January 2015

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Jensen Beach FL 34957 Residential Market Report January 2015

Palm City FL 34990 Condo Market Report January 2015

Palm City FL 34990 Condo Market Report January 2015

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

 

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



There are currently 59 active condo listings. (Down 2 condos from December)

Palm City FL 34990 Condo Market Report January 2015

12 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month)

Palm City FL 34990 Condo Market Report January 2015

3 Condos Sold in January. (Down by 3 condos from December)

Palm City FL 34990 Condo Market Report January 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales for Palm City condos were off for January, but pending sales were up which is a positive sign for coming months.  Our active inventory is now almost identical to last year.

The current absorption rate for condos in the 34990 zip code area is 19.7 months (was 10.2 months in August).   Unfortunate drop for the first month of 2015.  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 January 2013 numbers were: 58 active listings, 5 pending sales and 2 closed sales.   Even though activity is off from last month, it’s still a better market than we had last year.
 Palm City FL 34990 Condo Market Report January 2015

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Palm City FL 34990 Condo Market Report January 2015

Palm City FL 34990 Residential Market Report January 2015

Palm City FL 34990 Residential Market Report January 2015

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

 

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


There are currently 443 active listings (Increased by 12 homes from December)

Palm City FL 34990 Residential Market Report January 2015

  158 Residential sales are pending and awaiting close or lender approval. (Increased by 43 homes from last month)

Palm City FL 34990 Residential Market Report January 2015

55 Homes Sold in December (Down by 21 homes from December)

Palm City FL 34990 Residential Market Report January 2015

The Palm City FL 34990 residential real estate started the year with a decline in closed sales but also an impressive increase in pending sales which should indicate some good activity for the immediate future. A nice little increase in inventory is also a good sign.
 The current absorption rate jumped to 8.1 months from 5.7 months in December. Back into a buyers market after a month in the sellers market in December.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2013 numbers were:  447 active listings, 117 pending sales and 62 closed sales.  With similar inventory as compared to last year, sales were off this year however pending sales are considerably higher which indicates some strong activity for the coming months.

Palm City FL 34990 Residential Market Report January 2015

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Palm City FL 34990 Residential Market Report January 2015

February 2015 Market Update for Hunters Creek in Palm City FL

February 2015 Market Update for Hunters Creek in Palm City FL

Currently in February, there is 1 home on the market in Hunters Creek in Palm City, FL.  This home is a 4 BR home listed at $279,900 which is equal to $133.41 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 6 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $272,500 to $349,900 for an average sale price of $305,816 which equals $130.93 per sq. ft. of living area and 95% list to sales price.  There was one short sale in this set of sold homes.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

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February 2015 Market Update for Hunters Creek in Palm City FL

Stuart FL 34997 Residential Market Report January 2015

Stuart FL 34997 Residential Market Report January 2015

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

 

There are currently 348 active listings (Increased by 11 homes from December).

Stuart FL 34997 Residential Market Report January 2015

198 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from December).

Stuart FL 34997 Residential Market Report January 2015

76 Homes Sold in January (Decreased by 3 homes from December)

Stuart FL 34997 Residential Market Report January 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory is lower than last year, though it did increase some from December.  Pending sales had a nice increase and only a small decrease in closed sales from last month.
     The current one month absorption rate dropped to 4.6  months (was 4.3 months for December).  Still a strong sellers 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 2013 numbers for January, were: 424 active listings, 149 pending listings and 51 closed sales.  Considerably better activity for the beginning of 2015 as compared to last year.
Stuart FL 34997 Residential Market Report January 2015

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Stuart FL 34997 Residential Market Report January 2015

 

Stuart FL 34996 Residential Market Report January 2015

Stuart FL 34996 Residential Market Report January 2015

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

 

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

 

There are currently 160 active listings (Down by 16 homes from December).

Stuart FL 34996 Residential Market Report January 2015

41 Residential sales are pending and awaiting close or lender approval (Up by 19 homes from December).

Stuart FL 34996 Residential Market Report January 2015

7 Homes Sold in January (Decreased by 17 homes from December).

Stuart FL 34996 Residential Market Report January 2015

The 34996 zip code area of the Stuart Florida residential real estate market started off with greatly decreased closed activity from previous months.  Though, the bright note is also greater pending activity, which should equate to much better closed sales coming in the next few months.  The inventory was down, which also came as a surprise.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased to 22.9 months as compared to December’s 7.3 months.  A huge buyers’ market, though I suspect this will be a short time phenomenon.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2013 were: 146 active listings, 33 pending sales and 17 closed sales.  Better closed activity last year, though the greater pending numbers and inventory is a good sign for later performance.

Stuart FL 34996 Residential Market Report January 2015

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Stuart FL 34996 Residential Market Report January 2015

Jensen Beach FL 34957 Condo Market Report December 2014

Jensen Beach FL 34957 Condo Market Report December 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2014

 

For December 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 44 active listings. (Up by 6 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2014

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

Jensen Beach FL 34957 Condo Market Report December 2014

5 Condos Sold (Up by 1 condo from November)

Jensen Beach FL 34957 Condo Market Report December 2014

 The Jensen Beach FL 34957 Condo Market Report December 2014 remains a small sector as far as condos in Martin County.  We’ve had a couple of months of gains in inventory.  Closed sales were up by 1 condo and pending sales remained unchanged.

The one month absorption rate for the December 2014, Jensen Beach Florida Market Report ZIP Code 34957 declined to 8.8 months (9.5 months in November), still a sellers market but heading closer to a balanced one.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2013 numbers were: 41 active listings, 15 pending sales and 10 condos closed.  Better closed numbers last year.  Otherwise similar results.

Jensen Beach FL 34957 Condo Market Report December 2014

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Jensen Beach FL 34957 Condo Market Report December 2014

Jensen Beach FL 34957 Residential Market Report December 2014

Jensen Beach FL 34957 Residential Market Report December 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2014

 For December 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 140 active listings. (Up by 6 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2014

56 Residential sales are pending and awaiting close or lender approval. (Up by 1 home from November)

Jensen Beach FL 34957 Residential Market Report December 2014

33 Homes Sold (Increased by 9 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2014

The Jensen Beach FL 34957 Residential Market Report shows a strong ending to 2014.  Another small rise in inventory along with a nice jump in closed sales.  Pending sales remained steady with an increase iin 1 home
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.2 months (was 5.6 months in November).  Drifting into even a stroger sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2013 numbers were: 135 active listings, 51 pending sales and 27 home sales closed.  Slightly higher inventory this year as compared to last. Also, better market activity for both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report December 2014

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Jensen Beach FL 34957 Residential Market Report December 2014

Palm City FL 34990 Condo Market Report December 2014

Palm City FL 34990 Condo Market Report December 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2014

 

For December 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 61 active condo listings. (Unchanged from November)

Palm City FL 34990 Condo Market Report December 2014

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

Palm City FL 34990 Condo Market Report December 2014

6 Condos Sold in December. (Up by 4 condos from November)

Palm City FL 34990 Condo Market Report December 2014

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales for Palm City condos picked up a little for the end of the year.  Unfortunately pending sales dropped.  The inventory remains unchanged.

The current absorption rate for condos in the 34990 zip code area is 10.2 months (was 30 months in August).   A big improvement from 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 December 2013 numbers were: 66 active listings, 5 pending sales and 2 closed sales.   Slightly lower inventory for 2014 as compared to last year with better activity.
 Palm City FL 34990 Condo Market Report December 2014

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Palm City FL 34990 Condo Market Report December 2014

Palm City FL 34990 Residential Market Report December 2014

Palm City FL 34990 Residential Market Report December 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2014

 

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


There are currently 431 active listings (Decreased by 2 homes from November)

Palm City FL 34990 Residential Market Report December 2014

  115 Residential sales are pending and awaiting close or lender approval. (Decreased by 9 homes from last month)

Palm City FL 34990 Residential Market Report December 2014

76 Homes Sold in November (Up by 20 homes from November)

Palm City FL 34990 Residential Market Report December 2014

The Palm City FL 34990 residential real estate market ended 2014 with a strong run on closed sales.  Pending activity was off slightly as was the active inventory.  I am anticipating increased inventory as we head into 2015 as well as growing pending and closed sales in the months to follow.
 The current absorption rate decreased to 5.7 months from 7.7 months in November. Back into a sellers market after a two month slide into a buyers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2013 numbers were:  399 active listings, 140 pending sales and 73 closed sales.  Higher inventory for Palm City this year with very similar closed sales and less pending.  Market activity was stronger in 2013.

Palm City FL 34990 Residential Market Report December 2014

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Palm City FL 34990 Residential Market Report December 2014

Stuart FL 34997 Residential Market Report December 2014

Stuart FL 34997 Residential Market Report December 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2014

 

There are currently 337 active listings (Decreased by 9 homes from November).

Stuart FL 34997 Residential Market Report December 2014

177 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from November).

Stuart FL 34997 Residential Market Report December 2014

79 Homes Sold in December (Increased by 23 homes from November)

Stuart FL 34997 Residential Market Report December 2014

      The Stuart Florida Residential Market for ZIP Code 34997 is our largest and typically most active segment for the Stuart residential real estate market.  Activity is very strong in this zip code and the year ended in a strong way.  Unfortunately inventory continued to decline, while pending sales rose a little (though it remains very strong) and closed sales took a big jump.
 
     The current one month absorption rate dropped to 4.3  months (was 6.2 months for November).  Back into a strong sellers 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 2013 numbers for December, were: 394 active listings, 130 pending listings and 85 closed sales.  When the reduced inventory for this year is factored in, activity this year is considerably better.
 
Stuart FL 34997 Residential Market Report December 2014 
 

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Stuart FL 34997 Residential Market Report December 2014

Stuart FL 34996 Residential Market Report December 2014

Stuart FL 34996 Residential Market Report December 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2014

 

For December 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 176 active listings (Up by 13 homes from November).

Stuart FL 34996 Residential Market Report December 2014

22 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from November).

Stuart FL 34996 Residential Market Report December 2014

24 Homes Sold in December (Increased by 9 homes from November).

Stuart FL 34996 Residential Market Report December 2014

The 34996 zip code area of the Stuart Florida residential real estate market had increased inventory for December and a nice jump in closed sales.  Unfortunately pending sales were off.  I’m expecting continued increases in inventory as the new year gets under way and most likely an increase in pending sales as well.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December decreased to 7.3 months as compared to November’s 10.9 months.  Still a buyers market, but almost back into a balanced one.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December of 2013 were: 128 active listings, 25 pending sales and 16 closed sales.  For the 34996 residential real estate area, there’s a considerably more inventory of available homes this year when compared to last year.  Pending sales are not as strong as last year which may indicate a little weaker start to the year.  Closed sales were better for this year, though.

Stuart FL 34996 Residential Market Report December 2014

 

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Stuart FL 34996 Residential Market Report December 2014

Jensen Beach FL 34957 Condo Market Report November 2014

Jensen Beach FL 34957 Condo Market Report November 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2014

 

For November 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 38 active listings. (Up by 5 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2014

15 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from October)

Jensen Beach FL 34957 Condo Market Report November 2014

4 Condos Sold (Up by 1 condo from October)

Jensen Beach FL 34957 Condo Market Report November 2014

 The Jensen Beach FL 34957 Condo Market Report November 2014 remains a small sector as far as condos in Martin County.  This month saw some nice small gains in every measured activity for the Jensen beach condo market.

The one month absorption rate for the November 2014, Jensen Beach Florida Market Report ZIP Code 34957 declined to 9.5 months (11 months in October), still a sellers market after a couple of weak summer months.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2013 numbers were: 38 active listings, 16 pending sales and 2 condos closed.  With the exception of double the closed sales for 2014, identical activity to last year.

Jensen Beach FL 34957 Condo Market Report November 2014

 

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Jensen Beach FL 34957 Condo Market Report November 2014

Jensen Beach FL 34957 Residential Market Report November 2014

Jensen Beach FL 34957 Residential Market Report November 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2014

 

 For November 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 134 active listings. (Up by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2014

 

55 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2014

 

24 Homes Sold (Increased by 2 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2014

 

The Jensen Beach FL 34957 Residential Market Report showed similar activity to last month.  The inventory rose for the second month in a row, while pending sales were off by 7 homes.  Closed sales were up slightly
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 5.6 months (was 5.7 months in October).  Still a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The November 2013 numbers were: 135 active listings, 60 pending sales and 32 home sales closed.  2013 was a more active market for the Jensen Beach residential segment. 
 
Jensen Beach FL 34957 Residential Market Report November 2014 
 

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Jensen Beach FL 34957 Residential Market Report November 2014

Palm City FL 34990 Condo Market Report November 2014

Palm City FL 34990 Condo Market Report November 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2014

 

For November 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 61 active condo listings. (Up by 3 condos from October)

Palm City FL 34990 Condo Market Report November 2014

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

Palm City FL 34990 Condo Market Report November 2014

2 Condos Sold in November. (Down by 1 condo from October)

Palm City FL 34990 Condo Market Report November 2014 

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Continued activity, but not anything to write home about.  Slight increase in inventory and pending sales for this month with a small drop in closed sales.

The current absorption rate for condos in the 34990 zip code area is 30 months (was 19.3 months in August).   A good time to buy if one is interested in this area.  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 November 2013 numbers were: 67 active listings, 6 pending sales and 1 closed sales.   Better market activity for this year. 
 Palm City FL 34990 Condo Market Report November 2014
 

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Palm City FL 34990 Condo Market Report November 2014

Palm City FL 34990 Residential Market Report November 2014

Palm City FL 34990 Residential Market Report November 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2014

 

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


There are currently 433 active listings (Decreased by 22 homes from October)

Palm City FL 34990 Residential Market Report November 2014

 

 124 Residential sales are pending and awaiting close or lender approval. (Increased by 2 homes from last month)

Palm City FL 34990 Residential Market Report November 2014

 

56 Homes Sold in October (Down by 2 homes from October)

Palm City FL 34990 Residential Market Report November 2014

 

The Palm City FL 34990 residential real estate market showed very little change from last month.  The inventory dropped by 22 homes while pending and closed sales changed very little. Fairly weak activity for Palm City these last two months after a strong spring and summer.
 
 The current absorption rate decreased to 7.7 months from 7.8 months in October, keeping the Palm City residential real estate market in a buyers market for the second month after a long period of being in a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2013 numbers were:  415 active listings, 149 pending sales and 52 closed sales.  The Palm City market continues to average higher inventory levels as compared to recent years (and last year) while maintaining steady activity.

Palm City FL 34990 Residential Market Report November 2014

 

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Palm City FL 34990 Residential Market Report November 2014

Stuart FL 34997 Residential Market Report November 2014

Stuart FL 34997 Residential Market Report November 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2014

 

There are currently 346 active listings (Decreased by 22 homes from October).

Stuart FL 34997 Residential Market Report November 2014

174 Residential sales are pending and awaiting close or lender approval (Increased by 30 homes from October).

Stuart FL 34997 Residential Market Report November 2014

56 Homes Sold in November (Decreased by 25 homes from October)

Stuart FL 34997 Residential Market Report November 2014

      The Stuart Florida Residential Market for ZIP Code 34997 is our largest and typically most active segment for the Stuart residential real estate market.  It is the only zip code in Stuart to show a decrease in inventory for November.  There was also a sizable decrease in closed sales.  Pending sales, however, saw a big rise which indicates to me that there will be good closed activity in the coming months.
 
     The current one month absorption rate increased to 6.2  months (was 4.5 months for October).  Back into a balanced 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 2013 numbers for November, were: 396 active listings, 143 pending listings and 71 closed sales.  Better closed activity last  year, though pending sales are considerably improved fromlast year while the inventory is significantly lower.
Stuart FL 34997 Residential Market Report November 2014 
 
 

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Stuart FL 34997 Residential Market Report November 2014

Stuart FL 34996 Residential Market Report November 2014

Stuart FL 34996 Residential Market Report November 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2014

 

For November 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 163 active listings (Up by 7 homes from October).

Stuart FL 34996 Residential Market Report November 2014

 

31 Residential sales are pending and awaiting close or lender approval (Down by 1 home from October).

Stuart FL 34996 Residential Market Report November 2014

15 Homes Sold in November (Increased by 4 homes from October).

Stuart FL 34996 Residential Market Report November 2014

The 34996 zip code area of the Stuart Florida residential real estate market is moving in the right direction after a fairly slow summer.  Inventory as well a s closed sales rose for November while pending sales were off slightly, but still quite strong.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November decreased to 10.9 months as compared to October’s 14.2 months.  Still a buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2013 were: 139 active listings, 29 pending sales and 9 closed sales.  For the 34996 residential real estate area, there’s a considerably greater inventory of available homes this year when compared to last year.  Percentage wise, market activity is quite similar to last years’.

Stuart FL 34996 Residential Market Report November 2014

 

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Stuart FL 34996 Residential Market Report November 2014

Jensen Beach FL 34957 Condo Market Report October 2014

Jensen Beach FL 34957 Condo Market Report October 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2014

 

For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 33 active listings. (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2014

14 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2014

3 Condos Sold (Down by 7 condo from September)

Jensen Beach FL 34957 Condo Market Report October 2014

 The Jensen Beach FL 34957 Condo Market Report October 2014 remains a small sector as far as condos in Martin County.  Unfortunately closed sales were down this month after a very good month in September.  Pending sales increased though, which is a good sign for future activity.

The one month absorption rate for the October 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 11 months (3.4 months in September), now a strong sellers market after a couple of weak summer months.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2013 numbers were: 36 active listings, 13 pending sales and 7 condos closed.   Slightly better activity last year, but with such a small number it’s difficult to draw meaningful comparisons.

Jensen Beach FL 34957 Condo Market Report October 2014

 

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Jensen Beach FL 34957 Condo Market Report October 2014

Jensen Beach FL 34957 Residential Market Report October 2014

Jensen Beach FL 34957 Residential Market Report October 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2014

 

 For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 125 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2014

 

62 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

22 Homes Sold (Decreased by 17 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

The Jensen Beach FL 34957 Residential Market Report finally slowed from its very active summer activity for October.  The inventory rose and both pending and closed sales were off for this month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.7 months (was 2.9 months in September).  Still a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The October 2013 numbers were: 127 active listings, 75 pending sales and 17 home sales closed.  better closed activity for this year, but not quite as good in the pending sales department.
 Jensen Beach FL 34957 Residential Market Report October 2014
 
 

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Jensen Beach FL 34957 Residential Market Report October 2014