Stuart FL 34997 Residential Market Report February 2015

03.14.15 by

Stuart FL 34997 Residential Market Report February 2015

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

 

There are currently 373 active listings (Increased by 25 homes from January).

Stuart FL 34997 Residential Market Report February 2015

202 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from January).

Stuart FL 34997 Residential Market Report February 2015

72 Homes Sold in February (Decreased by 4 homes from January)

Stuart FL 34997 Residential Market Report February 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  We had a significant increase in inventory for February, though still under last years level.  Continued strong pending and closed numbers even if slightly off from last month.
     The current one month absorption rate increased to 5.2  months (was 4.6 months for January).  Still a sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2013 numbers for February, were: 424 active listings, 184 pending listings and 63 closed sales.  For the first two months of 2015, activity has been superior to last year.
Stuart FL 34997 Residential Market Report February 2015

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Stuart FL 34997 Residential Market Report February 2015

 

Stuart FL 34996 Condo Market Report February 2015

03.13.15 by

Stuart FL 34996 Condo Market Report February 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for February 2015

For February 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Down by 3 condos from last month).

Stuart FL 34996 Condo Market Report February 2015

60 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from January).

Stuart FL 34996 Condo Market Report February 2015

25 Condos Sold in February (Increased by 2 condos from January) 

Stuart FL 34996 Condo Market Report February 2015

The Stuart FL 34996 Condo Market continues to show strong results for 2015.  My biggest concern is the continued decrease in inventory from last year.  This is somewhat surprising as prices are going up and I would have thought more condo owners would be listing during our peak season.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 4.9 months from January’s 5.4 months .  Moving to an even stronger sellers’ market for February.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for February 2013 were: 171 active listings, 52 pending sales and 30 closed sales.  When the decreased inventory for this year is factored into the data, the sales activity is better this year by percentage of available condos.

Stuart FL 34996 Condo Market Report February 2015

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Stuart FL 34996 Condo Market Report February 2015

Hobe Sound FL 33455 Condo Market Report January 2015

02.22.15 by

Hobe Sound FL 33455 Condo Market Report January 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2015

 

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

 

There are currently 17 active condo listings. (Up by 4 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2015

3 Condo sale is pending and awaiting close. (Down by 3 condos from December)

 Hobe Sound FL 33455 Condo Market Report January 2015

3 Condos sold in December (Decreased by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for January for the second month in a row.  A welcome sight.   While closed and pending sales decreased from last month, this is still a very active segment of the Martin County real estate market.

The current absorption rate is 5.7 months (Last month it was 2.6 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 January not indicate 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 January 2014 numbers were: 22 active listings, 4 pending sales and 1 closed sales.  For the past three months, even with such limited inventory, the Hobe Sound condo market has performed much better than last year.

Hobe Sound FL 33455 Condo Market Report January 2015

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Hobe Sound FL 33455 Condo Market Report January 2015

 

Hobe Sound FL 33455 Residential Market Report January 2015

02.21.15 by

Hobe Sound FL 33455 Residential Market Report January 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2015

  For January 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 231 active listings. (Down by 12 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2015

67 Residential sales are pending and awaiting close  (Decreased by 4 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2015

33 Homes Sold in January (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County is in quite a roller coaster ride these past few months.  We closed the year off with a positive note as closed sales came back up nicely.  Unfortunately pending sales decreased a little and the inventory continues to decline as well.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7 months (12.2 months in December).  We’re edging back into a balanced market for Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2013 were:  266 active listings, 75 pending sales and 43 closed sales.   We have lower inventory this year when compared to 2013.  Also, a reduced market activity as well.

Hobe Sound FL 33455 Residential Market Report January 2015

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Hobe Sound FL 33455 Residential Market Report January 2015

Jensen Beach FL 34957 Condo Market Report January 2015

02.20.15 by

Jensen Beach FL 34957 Condo Market Report January 2015

 

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

 

For January 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 40 active listings. (Down by 4 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2015

19 Condo sales are pending and awaiting settlement. (Increased by 4 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2015

9 Condos Sold (Up by 5 condo from December)

Jensen Beach FL 34957 Condo Market Report January 2015

 The Jensen Beach FL 34957 Condo Market Report January 2015 remains a small sector as far as condos in Martin County.  Inventory decreased for the first of the year after a couple of months of small gains, but this may be due to the great activity in this segment of the market with both pending and closed sales up for the month.

The one month absorption rate for the January 2015, Jensen Beach Florida Market Report ZIP Code 34957 declined to 4.4 months (8.8 months in December), a big jump into a sellers market to start off 2015.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2014 numbers were: 35 active listings, 19 pending sales and 4 condos closed.  Better closed numbers for this year and we have a bit higher inventory.

Jensen Beach FL 34957 Condo Market Report January 2015

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report January 2015

Jensen Beach FL 34957 Residential Market Report January 2015

02.19.15 by

Jensen Beach FL 34957 Residential Market Report January 2015

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

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

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

Jensen Beach FL 34957 Residential Market Report January 2015

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

Jensen Beach FL 34957 Residential Market Report January 2015

28 Homes Sold (Decreased by 5 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2015

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

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All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

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Jensen Beach FL 34957 Residential Market Report January 2015

Palm City FL 34990 Condo Market Report January 2015

02.18.15 by

Palm City FL 34990 Condo Market Report January 2015

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

 

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



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

Palm City FL 34990 Condo Market Report January 2015

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

Palm City FL 34990 Condo Market Report January 2015

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

Palm City FL 34990 Condo Market Report January 2015

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

The current absorption rate for condos in the 34990 zip code area is 19.7 months (was 10.2 months in August).   Unfortunate drop for the first month of 2015.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The January 2013 numbers were: 58 active listings, 5 pending sales and 2 closed sales.   Even though activity is off from last month, it’s still a better market than we had last year.
 Palm City FL 34990 Condo Market Report January 2015

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Palm City FL 34990 Condo Market Report January 2015

Palm City FL 34990 Residential Market Report January 2015

02.17.15 by

Palm City FL 34990 Residential Market Report January 2015

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

 

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


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

Palm City FL 34990 Residential Market Report January 2015

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

Palm City FL 34990 Residential Market Report January 2015

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

Palm City FL 34990 Residential Market Report January 2015

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

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

Palm City FL 34990 Residential Market Report January 2015

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Palm City FL 34990 Residential Market Report January 2015

Stuart FL 34997 Condo Market Report January 2015

02.15.15 by

Stuart FL 34997 Condo Market Report January 2015

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

 

For January 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 44 active condo listings (Unchanged from December).

Stuart FL 34997 Condo Market Report January 2015

17 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from December).

Stuart FL 34997 Condo Market Report January 2015

11 Condos Sold in January (Increased by 6 condos from December).

Stuart FL 34997 Condo Market Report January 2015

The Stuart FL condo market for zip code 34997 has a much reduced inventory compared to the recent past.  Though, even with less to work with, both pending and closed sales increased for January.
The one month absorption rate plunged to 4 months after last months amazing 8.8.  Back into a very strong sellers market after a one month duration of a buyers 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 January 2013 numbers were: 104 active listings, 27 pending sales and 11 closed sales.   With less than half of last year’s inventory the 34997 zip code area of Stuart is doing quite well in sales.  Though, the low inventory will definitely effect future sales.

Stuart FL 34997 Condo Market Report January 2015

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Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2015

 

 

Stuart FL 34997 Residential Market Report January 2015

02.14.15 by

Stuart FL 34997 Residential Market Report January 2015

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

 

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

Stuart FL 34997 Residential Market Report January 2015

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

Stuart FL 34997 Residential Market Report January 2015

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

Stuart FL 34997 Residential Market Report January 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory is lower than last year, though it did increase some from December.  Pending sales had a nice increase and only a small decrease in closed sales from last month.
     The current one month absorption rate dropped to 4.6  months (was 4.3 months for December).  Still a strong sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2013 numbers for January, were: 424 active listings, 149 pending listings and 51 closed sales.  Considerably better activity for the beginning of 2015 as compared to last year.
Stuart FL 34997 Residential Market Report January 2015

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

 

Stuart FL 34997 Residential Market Report January 2015

 

Stuart FL 34996 Condo Market Report January 2015

02.13.15 by

Stuart FL 34996 Condo Market Report January 2015

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

For January 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 125 active condo listings (Down by 17 condos from last month).

Stuart FL 34996 Condo Market Report January 2015

60 Condo sales are pending and awaiting close or lender approval (Increased by 13 condos from December).

Stuart FL 34996 Condo Market Report January 2015

23 Condos Sold in January (Increased by 2 condos from December) 

Stuart FL 34996 Condo Market Report January 2015

The Stuart FL 34996 Condo Market is one of the bright spots for Martin County’s real estate market for January.  Nice increases in both pending and closed sales while many other segments of the January market were off this year.  Unfortunately our inventory of available condos is decreasing as well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 5.4 months from December’s 6.8 months .  Again back to a sellers’ market for January.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2013 were: 171 active listings, 49 pending sales and 15 closed sales.  Considerably better activity this year even with a greatly reduced inventory.

Stuart FL 34996 Condo Market Report January 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report January 2015

Affordable Jensen Beach Home Sold

02.08.15 by

Affordable Jensen Beach Home Sold

Affordable Jensen Beach Home Sold2378 NE Center Circle in the Cross Roads Hill section of Jensen Beach has been sold by the Gabe Sanders BlueWater Realty Team.  Listed for $154,900 and we negotiated a sales price of $142,000 for our buyers who found us at GabeSanders.com

Affordable Jensen Beach Home Sold

Super clean CBS home will not disappoint. Home is just steps from Martin County Sailing Center, Jensen Beach Boat Ramp, and the beautiful Indian Riverside Park. Large driveway has plenty of room for boat/RV. Updates include, roof, windows, AC, kitchen with Corian, bathrooms, fenced yard, wood laminate/tile flooring, water heaters, painted inside and out and much more. Garage offers storage and workspace. Home is on city water with well water outside for established floratam lawn sprinkler system and hoses. A short walk to downtown, ideal location and move in condition of this home make it a don’t miss. Not a short sale or foreclosure.

Affordable Jensen Beach Home Sold

Search for all Jensen Beach Real Estate

 

For information about Jensen Beach FL real estate please call the Gabe Sanders BlueWater realty 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

Affordable Jensen Beach Home Sold

Hammock Creek Estates Lakefront Home Palm City Sold

02.06.15 by

Hammock Creek Estates Lakefront Home Palm City Sold

Thanks to the BlueWater Realty Team, 4786 SW Long Bay Drive n the estates of Hammock Creek has sold.

This is a custom built Ruttenberg “Belcourt” model in the much sought after Estates of Hammock Creek in Palm City. Situated on a private lakefront lot, this home offers 4berooms and 3 and ½ bathrooms plus an office! There’s an extended master bedroom with bay window, a gourmet kitchen, granite counter tops with stainless steel appliances. The master bathroom includes a Jacuzzi bath tub. Other features include: Installed upper track mount hurricane shutters and a surround sound system in the family room. Both sliders and all windows on the North side of the house were replaced with insulated impact glass. This home is beautiful landscaped and hosts a private setting as it backs up to a 16 acre lake. The Estates of Hammock Creek feature a resort style swimming pool, gorgeous clubhouse for entertaining, tennis courts and a tot lot. Close to A Rated Schools, the Turnpike & I- 95, shopping and beaches.

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools makes Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides .

Here are the currently available homes in Hammock Creek in Palm City

For any questions you may have about Hammock Creek Estates Lakefront Home Palm City Sold, 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

Hammock Creek Estates Lakefront Home Palm City Sold

Hobe Sound FL 33455 Condo Market Report December 2014

01.22.15 by

Hobe Sound FL 33455 Condo Market Report December 2014

 

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

 

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

 

There are currently 13 active condo listings. (Up by 4 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2014

6 Condo sale is pending and awaiting close. (Up by 2 condos from November)

 Hobe Sound FL 33455 Condo Market Report December 2014

5 Condos sold in November (Increased by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for December after being down to under 10 condos for last month.  Nice activity for the month as well considering such low availability of condos.  Both close and pending sales were up.

The current absorption rate is 2.6 months (Last month it was 2.3 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 December not indicate 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 2013 numbers were: 23 active listings, 3 pending sales and no closed sales.  For the past two months, the Hobe Sound condo market has performed much better than last year.

Hobe Sound FL 33455 Condo Market Report December 2014

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2014

 

Hobe Sound FL 33455 Residential Market Report December 2014

01.21.15 by

Hobe Sound FL 33455 Residential Market Report December 2014

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

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

There are currently 231 active listings. (Down by 12 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2014

67 Residential sales are pending and awaiting close  (Decreased by 4 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2014

33 Homes Sold in December (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County is in quite a roller coaster ride these past few months.  We closed the year off with a positive note as closed sales came back up nicely.  Unfortunately pending sales decreased a little and the inventory continues to decline as well.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7 months (12.2 months in November).  We’re edging back into a balanced market for Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2013 were:  266 active listings, 75 pending sales and 43 closed sales.   We have lower inventory this year when compared to 2013.  Also, a reduced market activity as well.

Hobe Sound FL 33455 Residential Market Report December 2014

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report December 2014

Jensen Beach FL 34957 Condo Market Report December 2014

01.20.15 by

Jensen Beach FL 34957 Condo Market Report December 2014

 

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

 

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



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

Jensen Beach FL 34957 Condo Market Report December 2014

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

Jensen Beach FL 34957 Condo Market Report December 2014

5 Condos Sold (Up by 1 condo from November)

Jensen Beach FL 34957 Condo Market Report December 2014

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

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

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

Jensen Beach FL 34957 Condo Market Report December 2014

Jensen Beach Condominium Properties by Price


Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report December 2014

Jensen Beach FL 34957 Residential Market Report December 2014

01.19.15 by

Jensen Beach FL 34957 Residential Market Report December 2014

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

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

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

Jensen Beach FL 34957 Residential Market Report December 2014

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

Jensen Beach FL 34957 Residential Market Report December 2014

33 Homes Sold (Increased by 9 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2014

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

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report December 2014

Palm City FL 34990 Condo Market Report December 2014

01.18.15 by

Palm City FL 34990 Condo Market Report December 2014

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

 

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



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

Palm City FL 34990 Condo Market Report December 2014

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

Palm City FL 34990 Condo Market Report December 2014

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

Palm City FL 34990 Condo Market Report December 2014

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

The current absorption rate for condos in the 34990 zip code area is 10.2 months (was 30 months in August).   A big improvement from last month.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The December 2013 numbers were: 66 active listings, 5 pending sales and 2 closed sales.   Slightly lower inventory for 2014 as compared to last year with better activity.
 Palm City FL 34990 Condo Market Report December 2014

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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report December 2014

Palm City FL 34990 Residential Market Report December 2014

01.17.15 by

Palm City FL 34990 Residential Market Report December 2014

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

 

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


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

Palm City FL 34990 Residential Market Report December 2014

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

Palm City FL 34990 Residential Market Report December 2014

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

Palm City FL 34990 Residential Market Report December 2014

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

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

Palm City FL 34990 Residential Market Report December 2014

 Search here for Palm City Florida Real Estate for Sale

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report December 2014

Stuart FL 34997 Condo Market Report December 2014

01.16.15 by

Stuart FL 34997 Condo Market Report December 2014

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

 

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

There are currently 44 active condo listings (Down by 7 condos from November).

Stuart FL 34997 Condo Market Report December 2014

15 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from November).

Stuart FL 34997 Condo Market Report December 2014

5 Condos Sold in December (Decreased by 5 condos from November).

Stuart FL 34997 Condo Market Report December 2014

The Stuart FL condo market for zip code 34997 slowed considerably for the last month of 2014.  Both closed and pending sales were down.  The inventory also continues to decline to very low numbers.
 
The one month absorption rate rose to 8.8 months after last months amazing 5.1.  Back into a buyers market after many, many months of being a strong 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 December 2013 numbers were: 88 active listings, 24 pending sales and 13 closed sales.  Down to exactly half of last years inventory.  We should see an increase in the coming months.

Stuart FL 34997 Condo Market Report December 2014

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Stuart Florida Real Estate presented by:
Gabe Sanders

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