Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos Market Detail for December 2016 had a sizeable drop in closed sales while future (pending sales) increased. Closed sales for the month were down by 26.2% (was up by 8.5% in November) while new sales under contract (new pending sales) were up by 11.8% from December 2015 (decreased by 15.8% in November).

Prices were mostly flat or down for December as the median sales price decreased by 4.4% (was up by 1.8% in November) while the average sales price increased by 0.9% (was down by 18.1% in November) as compared to December of 2015. Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place. Though this market is till active.

The inventory of available townhouses and condos increased by only 1 unit to 427 properties as compared to last month. This is 14.2% greater than the December 2015 inventory. Currently, there’s a 4.6 month supply of inventory (a 24.3% increase from last year which was 3.7 months). Still a sellers market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Townhouses and Condos December 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Single Family Homes December 2016 Market Detail

01.30.17 by Gabe Sanders

Martin County Single Family Homes December 2016 Market Detail

The Martin County Single Family Homes Market Detail for December 2016 showed mixed results for sales volume with an increase in closed sales but a decrease in pending sales. Closed sales were up by 14.7% (was up by 0.6% in November). New pending sales decreased by 21.6% as compared to December of 2015 (Decreased by 4.1% in November).

And, there also was mixed signals for prices with the median sales price increasing by 11.6% from last year (down by 0.7% in November) while the average price decreased by 9.3% (was up by 17.2% last month).

The inventory of available single family homes decreased from last month by 39 homes to 998 units for December, this is 7.4% greater than last December. Current supply of homes is 5.0 months, for December of last year it was a 4.5 months supply. (This is a 11.1% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes December 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes December 2016 Market Detail

January 2017 Archipelago Real Estate of Sewalls Point Market Report

01.30.17 by Gabe Sanders

Archipelago of Sewalls Point January 2017 Market Report

For January 2017 there is only 1 active listing in the Archipelago of Sewalls Point. The list price is $2,175,000 or $569.67 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there have been 3 homes sold in the Archipelago of Sewalls Point. These homes sold for $600,000 up to $1,425,000 for an average sales price of $1,001,333 which equals $313.23 per sq. ft. of living area. These sales averaged 88% of the list price and were on the market for an average of 521 days prior to going under contract.

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

Search for Archipelago Homes for Sale

View all of our Listings

Sewalls Point Real Estate is presented by:

the Gabe Sanders real estate team

January 2017 Archipelago Real Estate of Sewalls Point Market Report

Hobe Sound FL 33455 Condo Market Report December 2016

01.25.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2016

For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 11 active condo listings. (Unchanged from November)

2 Condos are pending and awaiting close. (Down by 2 pending condos from November)

4 Condos sold in December. (Increased by 4 closed sales from November)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory remained unchanged while closed sales were up, while pending sales were off.

The absorption rate for Hobe Sound condos was 2.75 months for December Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The December 2015 numbers were: 4 active listings, 1 pending sales and 1 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though there is increased activity for this year when compared with 2015.

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2016

Jensen Beach FL 34957 Condo Market Report December 2016

01.23.17 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2016

For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 134 active listings. (Decreased by 8 condos from November)

26 Condo sales are pending and awaiting settlement. (Down by 2 condos from November)

19 Condos Sold (Up by 10 condos from November)

The Jensen Beach FL 34957 Condo Market Report for December came back strong after a very weak November. Sales were up and the inventory decreased. Unfortunately, pending sales also decreased.

The one month absorption rate for the December 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 7.1 months (from 14.2 months in November), still a buyers market but getting back towards a balanced market once again. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2015 numbers were: 37 active listings, 12 pending sales and 7 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Search for Jensen Beach FL Condos Here

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2016

Palm City FL 34990 Condo Market Report December 2016

01.21.17 by Gabe Sanders

Palm City FL 34990 Condo Market Report December 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2016

For December 2016 in the 34990 Zip Code area of Palm City, Florida :

There are currently 86 active condo listings. (Increased by 6 condos from November)

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

4 Condos Sold in December. (Up by 1 condos from November)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. The inventory has risen considerably in the past few months while pending and closed sales have not kept pace.

The current absorption rate for condos in the 34990 zip code area jumped up to 21.5 months (was 40 months in December). Still an extreme buyers’ market for Palm City condominiums but trending in the right direction. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The December 2015 numbers were: 52 active listings, 9 pending sales and 4 closed sales. Very similar closed and pending sales volume, though at a considerably greater inventory, so by percentage the activity is greatly reduced for this year.

Palm City FL 34990 Condo Market Report December 2016

Search Palm City FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report December 2016

Lake Tuscany January 2017 Market Report

01.18.17 by Gabe Sanders

Lake Tuscany January 2017 Market Report

As of January 2017, there are 2 homes available for sale in Lake Tuscany with listing prices of $$460,000 and $479,000 for an average list price of $469,500 which is a price per square foot of living area of $122.50.

There is one home currently under contract and awaiting settlement in Lake Tuscany. List price was $399,000 or $111.45 per sq. ft. of living area. This home was on the market for 152 days before going under contract.

In the past 12 months, 12 homes have sold in Lake Tuscany ranging in sales price from $382,500 to $480,000 for an average sales price of $422,125 which equals $150.86 per sq. ft. of living area. These homes took an average of 38 days on market to go under contract and sold at 98% of list price.

About Lake Tuscany:

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida. The homes in Lake Tuscany were mostly completed between 2004 to 2005. This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center. Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages. All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter. These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping. The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School. Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL January 2017 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Lake Tuscany January 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

01.14.17 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2016

For December, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 52 active listings (Increased by 7 homes from November)

18 Residential sales are pending and awaiting close or lender approval (Decreased by 13 homes from last month).

19 Homes Sold in November (Up by 5 homes from November)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity. The issue is once again becoming the inventory with very few numbers of available homes for sale on the market.

The one month absorption rate for the 34994 zip code for December declined to 2.7 months from 3.2 months for November. Continuing as a very strong sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The December 2015 numbers were 59 Active Listings, 19 pending sales and 12 closed sales. Stronger activity for this December with lower inventory.

Search here for Stuart Florida Real Estate for Sale

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

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida Market Report ZIP Code 34994 Residential December 2016

Portofino Condos at Jensen Beach January 2017 Market Update

01.13.17 by Gabe Sanders

Portofino Condos at Jensen Beach January 2017 Market Update

As of January 2017 there is only 1 condo available for sale in Portofino. It is listed for sale at a price of $92,500 and or $115.34 per sq. ft. of living area.

There are 2 condos under contract at this time. List prices were $125,000 and $147,000 for an average list price of $136,000 which is $118.94. These two condos averaged 49 days on the market before going under contract.

In the past 12 months, 6 Portofino condos have sold, ranging in sales price from $77,500 to $131,500 for an average sales price of $110,583 which equals a price per sq. ft. of $109.58. The average days on market was 39 and the average list to sales price ratio was 94%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach are one of the newest condominium subdivisions in Martin County. Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005. Due to the downturn in the housing market, not all units were sold and some are now being offered for lease. Portofino Condos at Jensen Beach January 2017 Market Update features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available. Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino Condos at Jensen Beach

The Condo Owners Association fees range from $190 to $315 per month depending on unit size and for garage owners, there’s an additional $20 per month charge. Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach. Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school. Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

Jensen Beach Florida Real Estate

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

Portofino Condos at Jensen Beach January 2017 Market Update

Copperleaf January 2017 Market Report

01.04.17 by Gabe Sanders

Copperleaf January 2017 Market Report

There are currently 2 homes listed in Copperleaf in Palm City, Florida. List prices are $605,735 and $899,000, for an average list price of $752,368 which equals $177.76 per square foot of living area.

There are 6 homes under contract awaiting closing. The list prices are from $339,900 up to $536,075 which averages to a $440,813 list price and $162.91 per square foot of living area. These homes averaged 92 days on market before accepting these offers.

In the past 12 months, 15 homes have sold in Copperleaf with an average sales price of $549,633 at $176.21 per square foot of living area and at 98% list to sales price ratio. The lowest sales price was $325,000 while the highest was $1,184,993. These homes went under contract in an average of 75 days.

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing there are 123 homes in Copperleaf. Though, construction continues with room for considerably more homes.

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Copperleaf offers is a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Currently, these homes are available for sale in Copperleaf Palm City

For any questions you may have about Copperleaf in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Copperleaf January 2017 Market Report

Martin County Townhouses and Condos November 2016 Market Detail

12.31.16 by Gabe Sanders

Martin County Townhouses and Condos November 2016 Market Detail

Martin County Townhouses and Condos Market Detail for November 2016 had an increase of sales while future (pending sales0 are showing some weakness. Closed sales were up for the month by 8.5% (was down by 46.9% in October) while new sales under contract (new pending sales) were down by 15.8% from November 2015 (decreased by 23.7% in October).

Prices were mostly flat or down for November as the median sales price increased by 1.8% (was down by 1.7% in October) while the average sales price decreased by 18.1% (was down by 14.7% in October) as compared to November of 2015. Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place. Though this market is till active.

The inventory of available townhouses and condos increased by 21 units to 426 properties as compared to last month. This is 14.5% greater than the November 2015 inventory. Currently, there’s a 4.5 month supply of inventory (a 21.6% increase from last year which was 3.7 months). Still a sellers market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Townhouses and Condos November 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos November 2016 Market Detail

Martin County Single Family Homes November 2016 Market Detail

12.30.16 by Gabe Sanders

Martin County Single Family Homes November 2016 Market Detail

The Martin County Single Family Homes Market Detail for November 2016 continues to show reduced sales volume when compared to last years figures. But the market remains quite strong by historical standards. Closed sales were up by 0.6% (was down by 10.7% in October). New pending sales decreased by 4.1% as compared to November of 2015 (Decreased by 0.6% in October).

For November there were mixed signals about prices with the median sales price decreasing by 0.7% from last year (up by 0.9% in October) while the average price increased by 17.2% (was down by 12.1% last month).

The inventory of available single family homes increased from last month by 33 homes to 1037 units for November, this is 8.8% greater than last November. Current supply of homes is 5.3 months, for November of last year it was a 4.5 months supply. (This is a 17.8% increase from last year). Still a sellers market for Martin County single family home sales but inching closer to a balanced market. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes November 2016 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes November 2016 Market Detail

Hobe Sound FL 33455 Condo Market Report November 2016

12.26.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2016

For November 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 11 active condo listings. (Up by 5 condos from October)

4 Condos are pending and awaiting close. (Up by 3 pending condos from October)

No Condos sold in November. (Decreased by 1 closed sales from October)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. We have finally seen a small increase in inventory as well as pending sales which should show increased activity in future months.

With no sale for November, the absorption rate cannot be determined. Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that November not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The November 2015 numbers were: 4 active listings, 1 pending sales and 1 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2016

Jensen Beach FL 34957 Condo Market Report November 2016

12.23.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2016

For November 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 142 active listings. (Increased by 14 condos from October)

28 Condo sales are pending and awaiting settlement. (Down by 2 condos from October)

10 Condos Sold (Down by 12 condos from October)

The Jensen Beach FL 34957 Condo Market Report for November slowed abruptly after a pretty good previous month. Sales were off by a significant amount while the inventory rose as well. Hopefully this market will soon see increased activity as we head into the winter season.

The one month absorption rate for the November 2016, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 14.2 months (from 5.8 months in October), moving the Jensen Beach condo market into a buyers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2015 numbers were: 36 active listings, 17 pending sales and 2 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

Search for Jensen Beach FL Condos Here

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2016

Palm City FL 34990 Condo Market Report November 2016

12.21.16 by Gabe Sanders

Palm City FL 34990 Condo Market Report November 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2016

For November 2016 in the 34990 Zip Code area of Palm City, Florida :

There are currently 80 active condo listings. (Increased by 4 condos from October)

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

3 Condos Sold in November. (Down by 2 condos from October)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has continued to rise while for this month sales were off making for a pretty strong buyers market. The bright note is an improved pending sales volume.

The current absorption rate for condos in the 34990 zip code area jumped up to 40 months (was 15.2 months in November). Currently an extreme buyers’ market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The November 2015 numbers were: 53 active listings, 8 pending sales and 8 closed sales. Only the pending sales activity is improved when comparing last year’s activity.

Palm City FL 34990 Condo Market Report November 2016

Search Palm City FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report November 2016

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

12.14.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2016

For November, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 45 active listings (Decreased by 11 homes from October)

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

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

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity. Unfortunately the inventory of active home listings is dropping once again to levels that may make this market difficult in the near future.

The one month absorption rate for the 34994 zip code for November declined to 3.2 months from 3.5 months for October. Continuing as a strong sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2015 numbers were 61 Active Listings, 25 pending sales and 12 closed sales. Considerably stronger activity this year when compared to 2015, but the large drop in inventory is troubling.

Search here for Stuart Florida Real Estate for Sale

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