Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

12.20.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2013

 For November 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 135 active listings. (An increase of 8 homes from last month)
Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

60 Residential sales are pending and awaiting close or lender approval. (Down by 15 homes from October)
Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

32 Homes Sold (Increased by 15 homes from October)

Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

The November 2013 Jensen Beach residential real estate market, zip code 34957 showed a welcome increase in closed sales as well as a needed increase in inventory.  Unfortunately, pending sales were off for the month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.4  months (7.5 months in October).  Now a strong seller’s market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The November 2012 numbers were: 111 active listings, 73 pending sales and 23 home sales closed.   Interestingly the inventory for the Jensen Beach residential real estate market is higher this year than last, unlike most other parts of Martin County.  Pending sales this year are down compared to last, while closed sales are better.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013
 

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Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

12.19.13 by

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2013

 

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



There are currently 67 active condo listings. (Up by 8 condos from October)
Palm City Florida Market Report ZIP Code 34990 Condo November 2013

6 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)
Palm City Florida Market Report ZIP Code 34990 Condo November 2013

 

1 Condos Sold in November. (Down by 3 condo from October)

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

 

Very disappointing activity for the 34990 zip code area of Palm City condo market for November 2013.  Inventory increased, pending sales remained unchanged and only 1 condo sold in November.

The current absorption rate for condos in the 34990 zip code area is an atrocious 67  months with only 1 sale (was 14.8 months in October).   A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market is currently a strong buyers market.
 
The November 2012 numbers were: 61 active listings, 10 pending sales and 5 closed sales.   Unfortunately, this year’s activity is not nearly as active as it was in November 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

Palm City Florida Market Report ZIP Code 34990 Condo November 2013

 

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Palm City Florida Market Report ZIP Code 34990 Condo November 2013

Palm City Florida Market Report ZIP Code 34990 Residential November 2013

12.18.13 by

Palm City Florida Market Report ZIP Code 34990 Residential November 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2013

 

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


There are currently 415 active listings (A decrease of 1 home from October)Palm City Florida Market Report ZIP Code 34990 Residential November 2013

 

149 Residential sales are pending and awaiting close or lender approval. (Increased by 5 homes from last month) Palm City Florida Market Report ZIP Code 34990 Residential November 2013

52 Homes Sold in November (Decreased by 2 homes from October)

Palm City Florida Market Report ZIP Code 34990 Residential November 2013

 
A second month of strong results (in the off season) for the Palm City, zip code 34990, area of Martin County Florida   Continues strong pending and sales activity.  The inventory remained stable after two months of increases.
 
The current absorption rate rose slightly to to 8 months from 7.7 months in October, a slight buyer’s market.  A slight buyers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  I don’t expect a buyers market to last, as I think sales will be picking up soon in Palm City once again.

The November 2012 numbers were:  404 active listings, 134 pending sales and 56 closed sales.   Similar activity to last year, though it’s interesting to note that the inventory is now higher.  Reversing a trend from the past year or two.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

Palm City Florida Market Report ZIP Code 34990 Residential November 2013
 

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Palm City Florida Market Report ZIP Code 34990 Residential November 2013

 

Stuart Florida Market Report ZIP Code 34997 Condo November 2013

12.17.13 by

Stuart Florida Market Report ZIP Code 34997 Condo November 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2013

 

For November 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 91 active condo listings (Unchanged form October).

Stuart Florida Market Report ZIP Code 34997 Condo November 2013

 

12 Condo sales are pending and awaiting close or lender approval (Down by 5 condos from October).Stuart Florida Market Report ZIP Code 34997 Condo November 2013

 

6 Condos Sold in November (Decreased by 13  condos from October).

Stuart Florida Market Report ZIP Code 34997 Condo November 2013

Very poor activity for the Stuart condo market for the area in ZIP code 34997 for the month of November.  Both pending and closed sales were off significantly for the month as compared to last month.  The inventory remained unchanged.  Very unusual results as the 34997 residential market is one of the bright spots for November 2013.

The one month absorption rate jumped to 15.2 months from last months 4.8.  Back into a strong 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.   As I mentioned in October, we’re now back into a slower market in this segment after a fairly strong October.

The November 2012 numbers were: 97 active listings, 21 pending sales and 7 closed sales.   Fairly close activity compared to last year, though last year’s pendings were much better.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
Stuart Florida Market Report ZIP Code 34997 Condo November 2013 
 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

12.16.13 by

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2013

 

There are currently 396 active listings (Increased by 15 homes from October). Stuart Florida Market Report ZIP Code 34997 Residential November 2013

143 Residential sales are pending and awaiting close or lender approval (A decrease of 28 homes from October).

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

 

71 Homes Sold in November (Up by 9 homes from October)

Stuart Florida Market Report ZIP Code 34997 Residential November 2013

Mostly positive signs from the Stuart Florida Market Report ZIP Code 34997 residential real estate market.  Unlike many other areas of Martin County the 34997 zip code had a significant rise in inventory in the past two months.  Closed sales were also up.  The only point of some concern was a drop in pending activity for November.
 
The current one month absorption rate dropped to 5.6 months making this segment of the Stuart residential market once again a seller’s market (up from last months 6.15 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.  
 
The 2012 numbers were: 359 active listings, 191 pending listings and 44 closed sales.   Interestingly there’s a significantly higher inventory for this segment of the Martin County real estate market.  Closed activity is much higher for this year.  While the number of potential future sales (pending inventory) is a bit worrisome this month.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
Stuart Florida Market Report ZIP Code 34997 Residential November 2013
 
 

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Stuart Florida Market Report ZIP Code 34997 Residential November 2013

Stuart Florida Market Report ZIP Code 34996 Condo November 2013

12.15.13 by

Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2013

For November 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 178 active condo listings (Up by 7 condos from last month).
Stuart Florida Market Report ZIP Code 34996 Condo November 2013

35 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October).

Stuart Florida Market Report ZIP Code 34996 Condo November 2013

17 Condos Sold in November (Down by 5 condos from October)  Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Mostly small changes for the real estate market in the Stuart Florida Market Report ZIP Code 34996 for Condos for November 2013.  Sales were down, while pending sales rose.   The inventory rose some this month gaining back some of the loss of inventory from last month.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo increased to 10.5 months from October’s 7.8.  A strong buyers market for November of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for November 2012 were: 209 active listings, 26 pending sales and 12 closed sales.  Still, considerably better activity this year when compared to 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market: Stuart Florida Market Report ZIP Code 34996 Condo November 2013

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Stuart Florida Market Report ZIP Code 34996 Condo November 2013

Stuart Florida Market Report ZIP Code 34996 Residential November 2013

12.14.13 by

Stuart Florida Market Report ZIP Code 34996 Residential November 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2013

 

For November, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 139 active listings (Increased by 10 homes from October). Stuart Florida Market Report ZIP Code 34996 Residential November 2013

 29 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from October).

Stuart Florida Market Report ZIP Code 34996 Residential November 2013 

9 Homes Sold in November (Decreased by 4 homes from October).
Stuart Florida Market Report ZIP Code 34996 Residential November 2013

For the 34996 zip code area of Stuart Florida real estate market, mixed results for November.  A nice increase in inventory which will give buyers a greater selection of available homes for sale.  Also, a small increase in pending sales which is a good sign for future activity.  Unfortunately closed sales were down for this month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November jumped to 15.4  months as compared to October’s 9.9 months.  A strong buyer’s market for the 34996 zip code area of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for November of 2012 were: 157 active listings, 23 pending sales and 11 closed sales.   Marginally better numbers this year as compared to 2012 when the reduced inventory is factored in.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Stuart Florida Market Report ZIP Code 34996 Residential November 2013 

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Stuart Florida Market Report ZIP Code 34996 Residential November 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

11.27.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2013

 

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

 

There are currently 15 active condo listings. (Up by 1 condos from September)

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

4 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from September)
Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

1 Condos sold in September (Decreased by 4 condos from September)

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For October, there was little change in the market, but unfortunately closed sales dropped to only 1 unit.

The absorption rate for October jumped to 15 moths from last months sellers market of 2.8 months.  Back to a strong buyers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The October 2012 numbers were:  29 active listings, 7 pending sales and 2 closed sales.   With only half of last years inventory, it’s difficult to generate any good market activity for Hobe Sound condos.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

 Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

11.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455  Residential October 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2013

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

 

There are currently 249 active listings. (Up by 4 homes from September)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

84 Residential sales are pending and awaiting close  (Increased by 15 homes from September)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

 

26 Homes Sold in October (Down by 23 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  After last month’s large decrease in pending sales, we had a significant decrease in closed sales this moth as well.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 9.6 months (5 months in September).  This is an unexpected jump back into a fairly strong buyer’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2012 were:  300 active listings, 79 pending sales and 26 closed sales.   Slightly better numbers for this year when the reduced inventory is factored into the activity.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

 Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, October 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013

11.25.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2013

 

For October 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 36 active listings. ( Increased by 1 condos from September)
Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013

13 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from September)
 Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013

 

7 Condos Sold (Increased by 2 condos from September)
Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Inventory remains very low even though we’ve had small increases in the past two months.   Pending sales were off  for the second month while closed sales rose slightly.

The one month absorption rate for the October 2013, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.1 months (7 months in September), signifying a step into a slight sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The October 2012 numbers were: 29 active listings, 22 pending sales and 8 condos closed.   Not as good a market this year as compared to last for the Jensen beach Condo segment of the Martin County real estate market.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013

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Jensen Beach Florida Market Report ZIP Code 34957 Condo October 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013

11.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2013

 For October 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 127 active listings. (An increase of 3 homes from last month)
Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013

75 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from September)
Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013

17 Homes Sold (Decreased by 11 homes from September)

Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013

For October 2013 the most significant change for the Jensen Beach residential real estate market, zip code 34957 was a considerable drop in closed sales.  An increase in pending sales bodes well for future sales as does the second month of a slowly increasing inventory.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 7.5 months (4.4 months in September).  A slight buyer’s market for now.   A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The October 2012 numbers were: 109 active listings, 74 pending sales and 24 home sales closed.   Interestingly the inventory for the Jensen beach residential real estate market is higher this year than last, unlike most other parts of Martin County.  Overall the activity for this year was not as good as for 2012.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013 

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Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013

Palm City Florida Market Report ZIP Code 34990 Condo October 2013

11.23.13 by

Palm City Florida Market Report ZIP Code 34990 Condo October 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2013

 

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



There are currently 59 active condo listings. (Up by 4 condos from September)
Palm City Florida Market Report ZIP Code 34990 Condo October 2013

6 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month)
Palm City Florida Market Report ZIP Code 34990 Condo October 2013

 

4 Condos Sold in October. (Down by 1 condo from September)

Palm City Florida Market Report ZIP Code 34990 Condo October 2013

 

 The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  The October market activity showed the second month in a row of increased inventory, though unfortunately both pending and closed sales were off.

The current absorption rate for condos in the 34990 zip code area is 14.8 months (was 11 months in September), signifying a buyers market.   A balanced market is considered to be an absorption rate of around 6 months.
 
The October 2012 numbers were: 59 active listings, 9 pending sales and 4 closed sales.   Almost identical to 2012 activity with fewer pending sales this year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:

Palm City Florida Market Report ZIP Code 34990 Condo October 2013

 

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Palm City Florida Market Report ZIP Code 34990 Condo October 2013

Palm City Florida Market Report ZIP Code 34990 Residential October 2013

11.22.13 by

Palm City Florida Market Report ZIP Code 34990 Residential October 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2013

 

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


There are currently 416 active listings (An increase of 37 homes from September)

Palm City Florida Market Report ZIP Code 34990 Residential October 2013

144 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month) Palm City Florida Market Report ZIP Code 34990 Residential October 2013

 

54 Homes Sold in October (Increased by 6 homes from September)

Palm City Florida Market Report ZIP Code 34990 Residential October 2013

 
After some disappointing sales numbers for September for the Palm City, zip code 34990, area of Martin County Florida, there was a rebound for October..   Also, the second month in a row with sizable gain in inventory. Pending sales were off slightly.  Most interesting is the increase in inventory. 
 
The current absorption rate dropped slightly to to 7.7 months from 7.9 months in September, but is at a much more sustainable rate than the hot sellers market we had in Palm City during the spring and early summer.  A slight buyers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  I don’t expect a buyers market to last, as I think sales will be picking up soon in Palm City once again.

The October 2012 numbers were:  420 active listings, 150 pending sales and 49 closed sales.   Very similar activity to last year.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

Palm City Florida Market Report ZIP Code 34990 Residential October 2013 

 

 

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Palm City Florida Market Report ZIP Code 34990 Residential October 2013

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

11.19.13 by

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2013

For October 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 171 active condo listings (Down 5 condos from last month).
Stuart Florida Market Report ZIP Code 34996 Condo October 2013

 

32 Condo sales are pending and awaiting close or lender approval (Decreased by 3 condos from September).

Stuart Florida Market Report ZIP Code 34996 Condo October 2013 

 

22 Condos Sold in October (Up by 5 from September) 

 Stuart Florida Market Report ZIP Code 34996 Condo October 2013

A steady real estate market for the Stuart Florida Market Report ZIP Code 34996 for Condos for October 2013.  Sales were up and pending sales continue to be strong (even if off by a little this month).   The inventory decreased again making fewer available condos for sale for buyers that are looking.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo decreased to 7.8  months from September’s 10.4.  Still a buyers market for October of 2013, but very close to being balanced.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for October 2012 were: 194 active listings, 26 pending sales and 17 closed sales.  We continue to outperform last years activity levels.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

Stuart Florida Market Report ZIP Code 34996 Condo October 2013

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Stuart Florida Market Report ZIP Code 34996 Condo October 2013

Stuart Florida Market Report ZIP Code 34996 Residential October 2013

11.18.13 by

Stuart Florida Market Report ZIP Code 34996 Residential October 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2013

 

For October, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 129 active listings (Decreased by 11 homes from September).
Stuart Florida Market Report ZIP Code 34996 Residential October 2013

 

27 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from September). Stuart Florida Market Report ZIP Code 34996 Residential October 2013

 

13 Homes Sold in October (No change from September).
Stuart Florida Market Report ZIP Code 34996 Residential October 2013

 

 

After a very soft September for the 34996 zip code area of Stuart Florida real estate market, activity for October picked up quite well.  Though a bit surprising as the trend for most of our areas was a little light for October.  Pending sales rebounded from September, while closed sales remained steady.  The inventory, which took a nice jump in September, once again decreased this October. 

The one month absorption rate for the 34996 zip code area of Stuart Florida for October decreased to 9.9 months as compared to September’s 10.8 months.  Still a buyer’s market for the 34996 zip code area of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for October of 2012 were: 157 active listings, 33 pending sales and 12 closed sales.   Slightly improved market as compared to last year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:

 Stuart Florida Market Report ZIP Code 34996 Residential October 2013

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Stuart Florida Market Report ZIP Code 34996 Residential October 2013

Stuart Florida Market Report ZIP Code 34997 Condo October 2013

11.14.13 by

Stuart Florida Market Report ZIP Code 34997 Condo October 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2013

 

For October 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 91 active condo listings (Increased by 15 condos form September).Stuart Florida Market Report ZIP Code 34997 Condo October 2013

 

 

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

 Stuart Florida Market Report ZIP Code 34997 Condo October 2013

 

19 Condos Sold in October (Increased by 12 condos from September).

Stuart Florida Market Report ZIP Code 34997 Condo October 2013

 

The activity for the Stuart condo market for the area in ZIP code 34997 showed some very mixed results for the month of October.  Pending sales were off considerably while closed sales increased significantly.  Also, interestingly the inventory took a nice jump.

The one month absorption rate dropped to 4.8 months from last months 10.9.  Back into a strong sellers market.   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.   Though with reduced pendings numbers this may swing back to a buyers market again soon.

The October 2012 numbers were: 99 active listings, 21 pending sales and 6 closed sales.   Much better closed activity this year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Stuart Florida Market Report ZIP Code 34997 Condo October 2013
 
 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

11.13.13 by

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2013

 

There are currently 381 active listings (Increased by 25 homes from September).
Stuart Florida Market Report ZIP Code 34997 Residential October 2013

 

171 Residential sales are pending and awaiting close or lender approval (A decrease of 4 homes from September). 

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

 

62 Homes Sold in October (Down by 8 homes from September)

Stuart Florida Market Report ZIP Code 34997 Residential October 2013

 

The Stuart Florida Market Report ZIP Code 34997 showed some moderation as we approach the slower holiday season.  The inventory rose for the third month in a row, unlike many other areas of Martin County.  Both sales and pending sales decreased for October.
 
The current one month absorption rate rose to 6.15 months making this segment of the Stuart residential market a balanced one (up from last months 5.1 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  
 
The 2012 numbers were: 360 active listings, 189 pending listings and 51 closed sales.   Better activity as compared to last October.  Interestingly with an increase in inventory.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
Stuart Florida Market Report ZIP Code 34997 Residential October 2013
 
 

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Stuart Florida Market Report ZIP Code 34997 Residential October 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

10.30.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2013

 

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

 

There are currently 14 active condo listings. (Up by 3 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

3 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from August)
Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

6 Condos sold in August (An increase of 5 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For the first time in many months we had a relatively large increase in active listings (by percentage).   Pending sales dropped considerably while closed sales did take a nice increase. 

The absorption rate for September dropped to 2.8 moths from last months buyers market of 14 months.  Back to a strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The September 2012 numbers were:  28 active listings, 7 pending sales and 2 closed sales.   Other than this months pending sales decline, we compare quite favorable to last years numbers.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

10.29.13 by

Hobe Sound Florida Market Report ZIP Code 33455  Residential September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2013

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

 

There are currently 245 active listings. (Up by 12 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

69 Residential sales are pending and awaiting close  (A decrease of 26 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

49 Homes Sold in September (Up by 1 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  Troubling for this month was the large decrease in pending sales.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 5 months (4.9 months in August).  Continuing as a sellers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2012 were:  316 active listings, 69 pending sales and 15 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market for this September.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
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Hobe Sound Florida Market Report ZIP Code 33455 Residential, September 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo September 2013

10.28.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Condo September 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2013

 

For September 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 35 active listings. ( Increased by 5 condos from August)
Jensen Beach Florida Market Report ZIP Code 34957 September August 2013

17 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from August)
Jensen Beach Florida Market Report ZIP Code 34957 September August 2013

 

5 Condos Sold (A decrease of 7 condos from August)
Jensen Beach Florida Market Report ZIP Code 34957 September August 2013


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low as compared to the past 10 years, though for September we did have an increase of 5 units.   Pending sales were off by 1 while closed sales were down significantly.

The one month absorption rate for the September 2013, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 7 months (2.5 months in August), signifying a step back into a slight buyers market after numerous months of a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The September 2012 numbers were: 48 active listings, 30 pending sales and 3 condos closed.    The lower number of pending sales is troubling for future sales, however this years market activity compares favorably to September of 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Market Report ZIP Code 34957 September August 2013

 

Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
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Jensen Beach Florida Market Report ZIP Code 34957 Condo September 2013