Market Report: Sewalls Point, Florida Real Estate Sales

12.17.10 by
Market Report: Sewalls Point, Florida Real Estate Sales
Zip Code 34996, Residential Sales for November 2010


For November, 2010: Only 1 Residential property (foreclosure) sold in Sewalls Point, Florida Zip Code 34996
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There are currently 48 active listings.

12 Residential sales are pending and awaiting close or lender approval..

 

Search here for Sewalls Point Florida Real Estate for Sale

Search the Martin County MLS
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Market Report: Sewalls Point, Florida Real Estate Sales
Zip Code 34996, Residential Sales for November 2010

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Sewalls Point Florida Real Estate
presented by the Gabe Sanders real estate team

Market Report: Hobe Sound, Florida Condo Real Estate Sales

12.15.10 by

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Condo Sales for November 2010

 

For November, 2010: 1 Condo sold in Hobe Sound, Florida Zip Code 33455
There are currently 41 active listings.

9 Condo sales are pending and awaiting close.

Search here for Hobe Sound Florida Real Estate for Sale

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Condo Sales for November 2010

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

 

Hobe Sound Florida Real Estate
presented by the Gabe Sanders real estate team

Market Report: Hobe Sound, Florida Residential Real Estate Sales

12.14.10 by
Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for November 2010

 

For November, 2010: 16 Residential properties sold in Hobe Sound, Florida Zip Code 33455

There are currently 431 active listings.

51 Residential sales are pending and awaiting close.

Search here for Hobe Sound Florida Real Estate for Sale

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for November 2010

Hobe Sound Florida Real Estate
presented by the Gabe Sanders real estate team

Residential Market Report for October 2010 in Martin County, Florida

11.22.10 by

Residential Market Report for October 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single-family homes and townhomes as reported by the Realtor Association of Martin County.

Sales of residential units in Martin County remained basically unchanged from last month in volume while down from October of 2009 from 133 units to 114 units for this October.  The homeowners’ tax credit was in force and this certainly had an effect on the higher sales volume of last year..

Average sales prices took another dip this month while listing prices have risen slightly.  Inventory has basically remained unchanged from last year and with sales down the absorption rate is once again high ( almost 16 months) and at very unattractive levels. Barring any unforeseen external economic events, we are expecting a modest increase in sales volume after the holidays as the current buying environment is very positive with some of the best values available.  If there’s any hint of inflation and the corresponding increase in mortgage interest rates we expect a fairly strong increase in activity, unfortunately for sellers with no corresponding increase in prices.

Data compiled from the Realtor Association of Martin County

Residential Market Report for October 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Condominium Market Report for October 2010 in Martin County, Florida

11.21.10 by

Condominium Market Report for October 2010 in Martin County, Florida

The October Condo market declined to 30 unit sales, down significantly from 57 units in October 2009 and 48 in September 2010.  Some of this decline can be attributed to normal seasonal fluctuations as demand for second homes (condos) declines as we approach the holiday season.
On a positive note, the median price has increased reflected in sales of some higher-priced units.  It would be a mistaken assumption to think that individual unit values have started to increase.


Data compiled from the Realtor Association of Martin County

Condominium Market Report for October 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Condominium Market Report for September 2010 in Martin County, Florida

10.27.10 by

Condominium Market Report for September 2010 in Martin County, Florida

The September Condo market showed some fairly good numbers in terms of volume of sales.  Up from the last year as well as the previous month.  Inventory has declined some more and the trend appears to be fairly positive.  Unfortunately, the median sales price is continuing a downward trend.  Much of this downward trend reflects that sales of lower-priced non-waterfront condos are currently the predominant market share.  The volume of riverfront and oceanfront condos has picked up slightly but remains very sluggish.
For the higher-priced segment of the market, foreclosures and short sales, while not the greatest number of listings, continue to drag prices down overall!

Data compiled from the Realtor Association of Martin County

Condominium Market Report for September 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Residential Market Report for September 2010 in Martin County, Florida

10.26.10 by

Residential Market Report for September 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single family homes and townhomes as reported by the Realtor Association of Martin County.

Sales of residential units in Martin County were sluggish for September with a small decrease in volume from August and a little larger decrease from last year.  Inventory which has risen for the past three months showed a small decline.

On a positive note, the average sales price has risen.  In a careful analysis of sales this rise is from the increased number of sales of higher end homes rather than increases in values of existing homes.  For the middle to lower end of our market, prices have stabilized for those homes that have been updated and presented well.

Data compiled from the Realtor Association of Martin County

Residential Market Report for September 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Jensen Beach, Florida Real Estate Residential Sales in Zip Code 34957

10.23.10 by
Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Residential Sales for the Past 30 days

 

In the past 30 days, 16 homes have sold in the 34957 zip code area of Jensen Beach, Florida.

There are currently 167 active listings.

55 Residential sales are pending and awaiting close.

Search here for Jensen Beach Florida Real Estate for Sale

Market Report: Jensen Beach, Florida Real Estate Sales
Zip Code 34957, Residential Sales for the Past 30 days

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Palm City, Florida Real Estate Residential Sales in Zip Code 34990

10.22.10 by
Market Report: Palm City, Florida Real Estate Sales
Zip Code 34990, Residential Sales for the Past 30 days

 

In the past 30 days, 32 homes have sold in the 34994 zip code area of Palm City, Florida.

There are currently 543 active listings.

105 Residential sales are pending and awaiting close.

Search here for Palm City Florida Real Estate for Sale

Market Report: Palm City, Florida Real Estate Sales
Zip Code 34990, Residential Sales for the Past 30 days

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Hobe Sound, Florida Real Estate Residential Sales in Zip Code 33455

10.21.10 by

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for the Past 30 days

 

In the past 30 days, 19 homes have sold in the 33455 zip code area of Hobe Sound, Florida.

There are currently 415 active listings.

48 Residential sales are pending and awaiting close.

Search here for Stuart Florida Real Estate for Sale

Market Report: Hobe Sound, Florida Real Estate Sales
Zip Code 33455, Residential Sales for the Past 30 days

 

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Stuart, Florida Real Estate Residential Sales in Zip Code 34996

10.15.10 by
Market Report: Stuart, Florida Real Estate Sales
Zip Code 34996, Residential Sales for the Past 60 days

For the past 60 days, 7 homes have sold in the 34996 zip code area of Stuart, Florida.

There are currently 105 active listings.

15 Single family homes are pending and awaiting close.

Search here for Stuart Florida Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Stuart, Florida Real Estate Sales
Zip Code 34996, Residential Sales for the Past 60 days

Market Report: Stuart, Florida Real Estate Residential Sales in Zip Code 34997

10.14.10 by
Market Report: Stuart, Florida Real Estate Sales
Zip Code 34997, Residential Sales for the Past 30 days

For the past 30 days, 50 homes have sold in the 34997 zip code area of Stuart, Florida.

There are currently 590 active listings.

148 Residential sales are pending and awaiting close.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Market Report: Stuart, Florida Real Estate Sales
Zip Code 34997, Residential Sales for the Past 30 days

Market Report: Stuart, Florida Real Estate Residential Sales in Zip Code 34994

10.13.10 by
Market Report: Stuart, Florida Real Estate Sales
Zip Code 34994, Residential Sales for the Past 30 days

 

In the past 30 days, 7 homes have sold in the 34994 zip code area of Stuart, Florida.

There are currently 110 active listings.

25 Residential sales are pending and awaiting close.

Search here for Stuart Florida Real Estate for Sale

Market Report: Stuart, Florida Real Estate Sales
Zip Code 34994, Residential Sales for the Past 30 days

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Residential Market Report for August 2010 in Martin County, Florida

09.24.10 by

Residential Market Report for August 2010 in Martin County, Florida

The Martin County Residential Market Reports sales data of single-family homes and townhomes as reported by the Realtor Association of Martin County.

Sales for single-family units in Martin County for August were down to 117 units as compared to July’s disappointing 145 units and last August’s 156 units.  It appears that we are seeing some reduced demand as a result of the end of the federal home buyer’s tax credit, a weak economy that has many would-be buyers (especially of second homes) nervous and waiting on the sidelines and also normal seasonal reduced activity.

After a fairly strong spring with stabilizing prices, it appears that both median and average prices took a slide in August reflecting the weaker demand and continued oversupply of available homes.  Unlike the Condo segment of the market, single-family home inventory has risen now for the fourth month in a row as those that were trying to time this market reacted to the strong spring sales, but as with most that try to time the market, have reacted a bit to slow and late.  Interest rates have also made some small increases of late that could further negatively affect the market.

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Residential Market Report for August 2010 in Martin County, Florida

 

Condominium Market Report for August 2010 in Martin County, Florida

09.23.10 by

Condominium Market Report for August 2010 in Martin County, Florida

The August Condo market report shows some mixed indicators.  Sales year to year are up slightly (by 5 units).  Down from July, which is a typical seasonal result.  Prices continue to slide although the median sales price was up for August reflecting on the mix of some higher-priced units selling.  The best news is that the inventory has continued to shrink and is now equal to the inventory we had back in December of 2005 which was near the beginning of the current slump in the market.

Unfortunately, I think there’s a fairly high shadow inventory of condos with the owners waiting to see what the market does.  Should there be any sign of an upturn, these units will enter the market creating more supply which will negatively impact prices further.  The best opportunity for this segment of the market is a rebound in the economy which for the moment doesn’t seem to be near at hand.

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Condominium Market Report for August 2010 in Martin County, Florida

Waterfront Homes for Sale on Hutchinson Island, Florida – Market Report

09.19.10 by
Waterfront Homes for Sale on Hutchinson Island, Florida


Here’s a recap of waterfront homes sold on Hutchinson Island in Martin County, Florida in the past 90 days.  There were 5 sales of waterfront homes on Hutchinson Island in Martin County.  The charts below summarize the market activity of these sales:

Currently, there are 0 sales pending.

There are 35 active waterfront homes for sale on the MLS with prices ranging from $425,000 to $6.2 Million for a Sailfish Point home.

Search here for Hutchinson Island Waterfront Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Waterfront Homes for Sale on Hutchinson Island, Florida

Waterfront Homes for Sale in Hobe Sound, Florida – Market Report

09.19.10 by
Waterfront Homes for Sale in Hobe Sound, Florida


Here’s a recap of waterfront homes sold in Hobe Sound, Florida in the past 90 days.  There were 9 sales of waterfront homes in the Hobe Sound area of Martin County.  The charts below summarize the market activity of these sales:

Currently, there are 5 sales pending and awaiting closings.

There are 55 active waterfront homes for sale on the MLS with prices ranging from $500,000 to $65 Million for Greg Norman’s home on Jupiter Island.

Search here for Hobe Sound Waterfront Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Waterfront Homes for Sale in Hobe Sound, Florida

Waterfront Homes for Sale in Sewalls Point, Florida – Market Report

09.18.10 by

Waterfront Homes for Sale in Sewalls Point, Florida


Here’s a recap for waterfront homes in Sewalls Point, Florida.  There were 3 sales of waterfront homes in Sewalls Point in the past 90 days.  The charts below show these sales:

Currently, there is 1 sale pending and awaiting closing.

There are 30 active waterfront homes for sale on the MLS with prices ranging from $795,000 to $7.95 Million.

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Waterfront Homes for Sale in Sewalls Point, Florida

Waterfront Homes for Sale in Palm City, Florida – Market Report

09.17.10 by

Waterfront Homes for Sale in Palm City, Florida


Here’s a recap of waterfront homes sold in Palm City, Florida in the past 90 days.  There were 16 sales of waterfront homes in the greater Palm City area of Martin County.  The charts below show these sales:

Currently, there are 5 sales pending and awaiting closings.

There are 81 active waterfront homes for sale on the MLS with prices ranging from $275,000 to $2.6 Million.

Search here for Palm City Waterfront Homes for Sale

For more information, visit our website or call us at (772) 888-2885.

Waterfront Homes for Sale in Palm City, Florida

Waterfront Homes for Sale in Jensen Beach, Florida – Market report

09.15.10 by

Waterfront Homes for Sale in Jensen Beach, Florida


Here’s a recap of waterfront homes in Jensen Beach, Florida.  There were 8 sales of waterfront homes in Jensen Beach in the past 90 days.  The charts below show these sales:

Currently, there are 5 sales pending and awaiting closings.

There are 27 active waterfront homes for sale on the MLS with prices ranging from $76,000 to $2.4 Million.

For more information, visit our website or call us at (772) 888-2885.

Waterfront Homes for Sale in Jensen Beach, Florida