Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for February 2011

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for February 2011

For February 2011 in the 34990 Zip Code area of Palm City Florida :

There are currently 570 active listings (down 14 from January)

144 Residential sales are pending and awaiting close or lender approval. (Up 8 from last month)

46 Homes Sold in February (up 15 for January)

Sales for February in Palm City were up from January, though not as robust as an exceptionally strong December.  All indexes moved in the right direction this month, though.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for February 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for February 2011

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for February 2011

For February 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 141 active condo listings (down 32 from last month).

24 Condo sales are pending and awaiting close or lender approval.

3 Condos Sold in February (a decrease of 6 units from last month).

Inventory was down for February, but unfortunately so were sales and spending.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for February 2011

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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for February 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for February 2011

For February 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 98 active listings (down 13 from January).

37 Residential sales are pending and awaiting close or lender approval (down 5 from last month).

13 Homes Sold in February (up 7 for January)

A fairly good month for the 34994 zip code area of Stuart Florida with positive momentum in all areas except for pending sales.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for February 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for February 2011

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for February 2011

For February 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 141 active condo listings (up 7 from last month).

24 Condo sales are pending and awaiting close or lender approval (up 5 from January).

3 Condos Sold in January (a decrease of 12 units from last month).

The 34997 area of Stuart Florida had a challenging February with sales off considerably.  Inventory also rose. Pending sales did increase and will hopefully show improved results for next month.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for February 2011

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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for February 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for February 2011

For February 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 641 active listings (up 6 from January).

207 Residential sales are pending and awaiting close or lender approval (up 43 from last month).

36 Homes Sold in January (up 13 from January)

For zip code 34997 in Stuart Florida, February showed strong sales results with significant increases in both sales and pending sales, unfortunately, inventory also rose, although by a relatively small percentage.  This was a strong month.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for February 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34996, Condo Sales for February 2011

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34996, Condo Sales for February 2011

For February 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 263 active condo listings (down 1 from last month).

46 Condo sales are pending and awaiting close or lender approval (up 5 from January).

26 Condos Sold in January (up a significant 16 units from last month)

A very nice rebound for condo sales in the Stuart 34996 zip code for February with a big jump in sales as well as an increase in pending sales and a small decrease in inventory.  An excellent month, with many sales across the price spectrum of available condos.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34996, Condo Sales for February 2011

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for February 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for February 2011

For February 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 206 active listings (an increase of only 1 from last month).

30 Residential sales are pending and awaiting close or lender approval (down 1).

7 Homes Sold in January (down 2 from January).

A very slight decrease in sales ( 2 homes) with the other categories basically unchanged for February from the previous month for the Stuart Florida market activity for zip code 34996.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for February 2011

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Market Report: Sewalls Point, Florida Real Estate Snapshot, Residential Sales for February 2011

Market Report: Sewalls Point, Florida Real Estate Snapshot, Residential Sales for February 2011

For February 2011 in Sewalls Point, Florida :

There are currently 69 active listings (up 4 from January)

12 Residential sales are pending and awaiting close or lender approval (An increase of 3 from January)

No homes closed in Sewalls Point Florida in February (2 in January)

Unfortunately no sales of homes in Sewalls Point Florida in February, however, there are 12 pending sales that will hopefully close soon.  Inventory was also up a small number (4 homes).

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Market Report: Sewalls Point, Florida Real Estate Snapshot, Residential Sales for February 2011

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Residential Market Report for January 2011 in Martin County, Florida

Residential Market Report for January 2011 in Martin County, Florida

Unlike the very strong December sales of single-family homes and townhomes in December 2010, January 2011 came in with a whimper.  Sales were down to 85 units as opposed to 148 in December.  Even prices sent mixed signals as the median price was down and the average price was up.  About the only good news was a continued small decrease in inventory.  Now down to 1787 units. Just above the low point in May of 2010 and Matching the Dec 2005 level.  The brutal winter up north might just bring more buyers for the remainder of this season.  Come back in the next few months to see the results.

Residential Market Report for December 2010 in Martin County, Florida

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

Condominium Market Report for January 2011 in Martin County, Florida

Condominium Market Report for January 2011 in Martin County, Florida

Condo sales for January were off slightly from December but remained fairly strong by seasonal measurements.  All indications are for a fairly active spring as prices remain low, interest rates are still very attractive and sure seem to be heading higher fairly soon.  Additionally, a very miserable winter up north has renewed interest in the Sunshine State.  A higher price point of condo sales in January saw a marked jump in median prices.  It would be nice to see if this trend were to continue, but we remain a bit dubious about this.  Inventory levels are down to 774 units.  This is the lowest since December of 2005.  As the supply shrinks, demand should increase.

Condominium Market Report for January 2011 in Martin County, Florida

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

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for January 2011

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for January 2011

For January 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 53 active condo listings

4 Condo sales are pending and awaiting close or lender approval.

Unfortunately, No Condos were Sold in January (There were 5 Sales in December).

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for January 2011

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for January 2011

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for January 2011

For January 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 388 active listings ( up from 374 in December).

57 Residential sales are pending and awaiting close or lender approval (up 10 from last month)

18 Homes Sold in January (down 10 from December)

An increase in inventory and decreased sales this month.  Pendings, however, are up.  We think this will be an interesting spring season coming up.

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for January 2011

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for January 2011

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for January 2011

For January 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 76 active condo listings.

8 Condo sales are pending and awaiting close or lender approval.

2 Condos Sold in January.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for January 2011

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for January 2011

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for January 2011

For January 2011 in the 34990 Zip Code area of Palm City Florida :

There are currently 584 active listings (up 7 from December)

136 Residential sales are pending and awaiting close or lender approval. (Up 26 from last month)

29 Homes Sold in January (down from 45 for December)

Sales for January in Palm City were off from an unusually strong December, but pending sales have gone up for a possible better spring.  Inventory is also rising which will further increase price pressures.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for January 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for January 2011

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for January 2011

For January 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 173 active condo listings (down 4 from last month).

68 Condo sales are pending and awaiting close or lender approval (up 22 from December).

9 Condos Sold in January (a decrease of 10 units from last month).

Very mixed results from this section of Stuart, Florida.  We’ll have to wait to see if this is a new trend or just a glitch for January.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for January 2011

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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for January 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for January 2011

For January 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 111 active listings (down 3 from December).

42 Residential sales are pending and awaiting close or lender approval (up 5 from last month).

6 Homes Sold in January (down from 14 for December)

Inventory is down a little in zip code 34994 and pending sales are up slightly.  Unfortunately closed sales were off by over 50% in this area of Stuart, FL.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for January 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for January 2011

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for January 2011

For January 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 134 active condo listings (down 33 from last month).

19 Condo sales are pending and awaiting close or lender approval (down 26 from December).

15 Condos Sold in January (an increase of 9 units from last month).

The 34997 area of Stuart, Florida did very well for condo sales in January of 2011.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for January 2011

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Stuart Florida Real Estate presented by:
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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for January 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for January 2011

For January 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 635 active listings (up 10% from December).

164 Residential sales are pending and awaiting close or lender approval (up 9 from last month).

23 Homes Sold in January (down 50% from December)

It’s been a reasonably active winter season in Martin County compared to the past few winters.  We’re not sure why sales were down in this market segment for January as most of the county has shown improving numbers.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for January 2011

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Stuart Florida Real Estate presented by:
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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Condo Sales for January 2011

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Condo Sales for January 2011

For January 2011 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 61 active listings

20 Condo sales are pending and awaiting close or lender approval.

5 Condos Sold

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for January 2011

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Residential Sales for January 2011

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Residential Sales for January 2011

For January 2011 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 185 active listings

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

8 Homes Sold

There appears to be an increase in the volume of sales this winter to date.  We are expecting a better spring than in the past few years, however, there is a strong likelihood of more bank-owned and distressed properties coming on the market keeping price pressure down.

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for

January 2011.

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