Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

05.23.14 by

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2014

 

For March 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 21 active condo listings. (Down by 1 condo from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

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

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

5 Condos sold in March (Up by 2 condos from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  April 2014 market activity saw a slight decrease in inventory and pending sales and an increase in closed sales.

The current absorption rate is 4.2 months (Last month it was 7.3 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.  Yet even with these low numbers, we are in a sellers market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The April 2013 numbers were:  21 active listings, 7 pending sales and 5 closed sales.   Almost identical activity year to year.

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

05.22.14 by

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2014

 For April 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 228 active listings. (Down by 70 homes from March)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

88 Residential sales are pending and awaiting close  (Decreased by 20 homes from March)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

42 Homes Sold in April (Up by 4 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for April had excellent market activity across the board.  Please disregard the apparent large inventory decrease for this month as the Realtor Association of Martin County has changed their area definitions, hopefully we will get this sorted out for next month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.4 months (7.8 months in March).  Back into a sellers market for Hobe Sound, which is where we were for most of 2013.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2013 were:  2227 active listings, 106 pending sales and 51 closed sales.  Better overall activity last year.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

05.21.14 by

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 

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

 

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



There are currently 29 active listings. (Increased by 6 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condos Sold (Down by 7 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos.  April saw the first increase in inventory in four months for the Jensen beach Condo market.   Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed.   2013 had a much more active market.

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

05.20.14 by

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

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

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

 There are currently 135 active listings. (Increased by 11 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

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

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

40 Homes Sold (Increased by 11 homes from March)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

The April 2014 Jensen Beach residential real estate market, zip code 34957 had excellent closed activity for the month.  Unfortunately pending sales dropped, which way be an indication of some future weakness in the number of sales.  Inventory increased for the first time in three months, which will hopefully spur demand from buyers as there’s a greater selection to choose from.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (4.3 months in March).  Continuing a very 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 April 2012 numbers were: 116 active listings, 84 pending sales and 32 home sales closed.   Better activity, if only slightly, this year as compared to April 2013.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

05.19.14 by

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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

 

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



There are currently 53 active condo listings. (Down by 4 condos from March)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

8 Condo sales are pending and awaiting close or lender approval. (Decreased by 3 condos from last month)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

7 Condos Sold in April. (Up by 6 condos from March)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

April saw a good improvement for closed sales for the Palm City FL real estate market for zip code 34990.  Unfortunately both pending sales and the inventory declined.  This is a pretty strong indication of slower activity for the future.  Though, this segment of the Martin County condo market is fairly small as most Palm City real estate is residential single family homes, so there is not that much of a correlation to the ‘bigger picture’ from this segment of our market.

The current absorption rate for condos in the 34990 zip code area zoomed to 7.6  months (was 57 months in March).   A buyers 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 April 2012 numbers were: 58 active listings, 14 pending sales and 7 closed sales.   Slightly better activity for last year.
Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

05.17.14 by

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

 

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

 

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


There are currently 446 active listings (Increase of 6 homes from March)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

 166 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

82 Homes Sold in March (Increased by 34 home from March)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Wow! After two slow months to start the 2014 market, the Palm City home market (zip code 34990) improved in March and then went off the charts nearly doubling the number of closed sales for April.  Pending sales had a small decrease, but this is after a large increase last month.  Inventory increased slightly.
 
The current absorption rate plunged to 5.4 months from 9.1 months in March, putting the Palm City residential real estate market back into 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 April 2012 numbers were:  382 active listings, 186 pending sales and 76 closed sales.  Better closed sales this year, though when the inventory rise is factores in, the activity was better last year..

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

05.16.14 by

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2014

For April, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 111 active condo listings (Increased by 5 condos from March).

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

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

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

23 Condos Sold in April (Up by 10 condos from March).

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

All movement in the Stuart Condo market in zip code 34994 was positive.  One of the few segments of Martin County with such strong numbers as well as an increase in inventory.

The one month absorption rate dropped to 5  months compared to last month’s 8.5.  Back once again into a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 118 active listings, 43 pending sales, and 28 closed sales.   Another equally strong April for the 34994 condo market of Stuart FL.
Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

05.15.14 by

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2014

For March, 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Decreased by 6 homes from March)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

24 Residential sales are pending and awaiting close or lender approval (Down by 11 homes from March).

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

15 Homes Sold in March (Increased by 5 homes from March)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Three straight months of increasing closed sales for the 34994 ZIP code area of the Stuart, Florida.  That’s the good news.  Unfortunately both pending sales and inventory numbers declined in April.  This may make the next few months much more challenging.

The one month absorption rate for the 34994 zip code for April decreased to 4.9 months from last months 8 months.  A large shift into a sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2012 numbers were 66 Active Listings, 34 pending sales and 9 closed sales.   Other than pending sales, numbers are improved for this year.  The drop in this years pending numbers is troubling and worth watching.

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential April 2014

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

05.14.14 by

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2014

For April 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 142 active condo listings (Down by 8 condos from last month).

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

 

  46 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from March).

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

41 Condos Sold in April (Increased by 7 condos from March) 

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

April had excellent closed activity for the Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014.  Unfortunately pending sales were off a bit, though still strong.  Inventory also declined slightly.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 3.5 months from March’s 4.4 .   An extremely strong sellers market representing a very strong spring for the 34996 condo market of Stuart, FL.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2012 were: 191 active listings, 44 pending sales and 32 closed sales.  Unlike the residential activity, it appears that the condo market is well outperforming last year.

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

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Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

05.13.14 by

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

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

 

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

 

There are currently 186 active listings (Increased by 22 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

 52 Residential sales are pending and awaiting close or lender approval (Increased by 5 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

11 Homes Sold in April (Decreased by 4 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Other than lower closed volume for the 34996 zip code area of the Stuart Florida residential real estate market continues to improve, with both higher inventory and pending sales.  The pending sales figures should translate to greater closed volume in the coming months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April increased to 16.9 months as compared to March’s 10.8 months.  This is not a pretty picture for sellers, but can indicate some strong advantages to buyers interested in this part of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2012 were: 172 active listings, 57 pending sales and 18 closed sales.   Better numbers all around, last year. Though it appears that the 34996 area of Stuart is poised for a god summer.

 Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

05.12.14 by

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2014

 

For April 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 83 active condo listings (Down by 7 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

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

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

25 Condos Sold in April (Increased by 10 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

An excellent month for closed sales for the Stuart FL condo market for zip code 34997.  Unfortunately, pending sales dropped for April indicating a possible slowdown of closed sales in the months ahead, though it’s still relatively strong.  Inventory also decreased and is once again at a fairly low value.

The one month absorption rate plunged to 3.3 months from last months 9.  A very dramatic sellers market.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The April 2012 numbers were: 101 active listings, 29 pending sales and 34 closed sales.   Closed sales were considerably better last year, but the greater number of pending sales might indicate better closed activity coming in the near future.

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2014

 

 

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

05.10.14 by

Stuart Florida Homes for Sale and Sold Report 34997 ZIP code April 2014

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

 

There are currently 404 active listings (Decreased by 12 home from March).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

190 Residential sales are pending and awaiting close or lender approval (A decrease of 2 homes from March).

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

61 Homes Sold in April (Decreased by 17 homes from March)

Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014

After a very strong March, the Stuart Florida Market for ZIP Code 34997 showed some easing with a large decrease in closed sales and a smaller decrease in pending sales.  The inventory also declined, now two months in a row.  While activity slowed, the fact is that this is still a balanced and healthy market and in very good shape.
 
The current one month absorption rate rose to 6.6  months (was 5.3 months for March).  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 April, were: 325 active listings, 219 pending listings and 82 closed sales.  Considerably better activity last year, as rising prices and interest rates has cooled the market from last years very heated activity.
Stuart Florida Homes for Sale and Sold Report 34997 ZIP Code April 2014
 
 
 

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Stuart Florida Homes for Sale and Sold Report 34997 zip code April 2014

Sewalls Point Homes for Sale and Sold Report April 2014

05.09.14 by

Sewalls Point Homes for Sale and Sold Report April 2014

Sewalls Point Real Estate Snapshot, Residential Sales for April 2014

 

There are currently 58 active listings (an decrease of 3 home for sale from March)

Sewalls Point Homes for Sale and Sold Report April 2014

 13 Residential sales are pending and awaiting close or lender approval (Down by 4 homes from last month)

Sewalls Point Homes for Sale and Sold Report April 2014

5 Homes sold in March (Up by 1 homes from March)

Sewalls Point Homes for Sale and Sold Report April 2014

The Sewalls Point market activity for April 2014 continues to show some slow movement.   Closed sales were up by 1 home from last month, but unfortunately pending sales (a sign of future activity) were off.  The inventory also decreased fro April.

The absorption rate is currently 11.6 months compared to last months 15.3 months, a nice improvement, but still plenty of room for improvement.  It’s been a strong buyers market for Sewalls Point in the past 3 months now, as activity for this community has slowed this year.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to April 2013, the inventory was 61 homes on the market, 17 pending sales and there were 4 closed sales.  Basically very similar to last spring’s activity.

Sewalls Point Homes for Sale and Sold Report April 2014

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Sewalls Point Homes for Sale and Sold Report April 2014

 

 

Summerfield Homes for Sale in Stuart FL Under Contract

04.24.14 by

Summerfield Homes for Sale in Stuart FL Under Contract

Summerfield Golf Club

Beautifully maintained 3 bedrooms, 2 bath villa being sold fully furnished in move in condition. Located in the desirable gated community of Summerfield in Stuart FL. Features include a tiled living area, eat-in kitchen and ample closets. The covered and screened patio overlooks the 8th hole of the Champions golf course. Hurricane shutters, two car garage with plenty of storage space and a utility sink. This home is now under contract.

Summerfield Homes for Sale in Stuart FL

Summerfield Homes for Sale in Stuart FL

Summerfield Homes for Sale in Stuart FL

Summerfield Golf Club is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio designed course is open to the public with very reasonable membership fees.  Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

Summerfield Golf Club

The residential section is known as Summerfield Golf Club and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

the Champions Club at Summerfield

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club.  All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

Summerfield Golf Club

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

the Champions Club at Summerfield

Summerfield Golf Club

The following homes are currently available for sale in Summerfield:

Summerfield Golf Club Homes for Sale

Stuart Florida Real Estate

Summerfield Homes for Sale in Stuart FL Under Contract

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

04.19.14 by

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2014

For February 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 22 active condo listings. (Down by 1 condo from February)

7 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from February)

3 Condos sold in February (Unchanged from February)

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  March 2014 market activity saw little change in inventory and closed sales, along with a nice jump in pending sales.

The current absorption rate is 7.3 months (Last month it was 7.6 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.  Yet even with these low numbers, we are close to a balanced market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2013 numbers were:  22 active listings, 9 pending sales and 2 closed sales.   Very close to last years market activity.

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

04.18.14 by

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2014

 For March 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 298 active listings. (Up by 9 homes from February)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

108 Residential sales are pending and awaiting close  (Increased by 10 homes from February)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

38 Homes Sold in March (Up by 12 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for March had excellent market activity across the board..  Both pending and closed sales were up as well as a mice little increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7.8 months (11.1 months in February).  Still a buyers market, but getting close to a balanced market again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2013 were:  249 active listings, 100 pending sales and 45 closed sales. Better numbers this year than last, though when the increased inventory for this year is factored in, very similar in a percentage basis.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014
 

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

04.17.14 by

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

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

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



There are currently 23 active listings. (Decreased by 4 condos from February)

18 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from February)

16 Condos Sold (Up by 10 condos from February)

 The Jensen Beach Condo market (zip code 34957) is a very small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last three months in a row.   For as small a segment as this is, activity for March was quite strong with only a small drop in pending sales and and a very strong jump in the closed sale numbers.

The one month absorption rate for the March 2014, Jensen Beach Florida Market Report ZIP Code 34957 is at an incredible 1.4 months (4.5 months in February), meaning the average condo is selling in under 90 days.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2012 numbers were: 54 active listings, 28 pending sales and 13 condos closed.   Better absolute numbers last year, but there was more than double the inventory.  With such low numbers of available condos in the Jensen Beach zip code, I’m predicting considerably slower activity for the near future.

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

04.16.14 by

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

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

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

 

 There are currently 124 active listings. (Decreased by 20 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 

97 Residential sales are pending and awaiting close or lender approval. (Up by 15 homes from February)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014
 29 Homes Sold (Increased by 3 homes from February)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

The March 2014 Jensen Beach residential real estate market, zip code 34957 showed a second strong month in a row with gains in activity for both pending and closed sales.   Inventory decreased for the second month in a row.  Pretty impressive results as some other zip code areas of Martin County are not doing quite as well as Jensen Beach.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.3  months (5.5 months in February).  A strong sellers market now exists in Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The March 2012 numbers were: 119 active listings, 86 pending sales and 25 home sales closed.   Fairly similar activity to last year, though the pending sales are stronger.  This may lead to continued strong sales in the coming months.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014 
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code March 2014

04.15.14 by

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code March 2014

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

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

There are currently 57 active condo listings. (Down by 6 condos from February)

11 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condo from last month)

1 Condos Sold in March. (Down by 5 condos from February)

Other than an increase in pending sales, a pretty dismal March for the condo segment of the Palm City FL real estate market for zip code 34990.  Only 1 closed sale and a loss of all the gained inventory from last month.  But please keep in mind that this is a very small segment of the Palm City market as this area is primarily single family homes.  Trends are good to watch but a meaningful interpretation from monthly swings in values is difficult to determine.

The current absorption rate for condos in the 34990 zip code area zoomed to 57  months (was 10.5 months in February).   An extreme buyers 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 March 2012 numbers were: 63 active listings, 9 pending sales and 5 closed sales.   Better closed activity last year.  Hopefully this market will pick up for the spring.

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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code March 2014

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

 

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

 

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


There are currently 440 active listings (An decrease of 32 homes from February)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

 

 169 Residential sales are pending and awaiting close or lender approval. (Increased by 38 homes from last month)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

 

48 Homes Sold in February (Decreased by 1 home from February)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

After a slow two months to start the 2014 market, the Palm City home market (zip code 34990) appears to be picking up some steam.  Closed sales were off for the third month in a row, though only by 1 home for March.  Pending sales  had a large jump indicating a good possibility of increasing closed sales for the coming months.  Inventory decreased significantly, after numerous months of increases.
 
The current absorption rate decreased slightly to 9.1 months from 9.6 months in February, keeping the Palm City residential real estate market in 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 March 2012 numbers were:  390 active listings, 180 pending sales and 68 closed sales.  Still not as good as last year’s activity. 

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

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

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014