Hobe Sound Florida Market Report ZIP Code 33455 – Residential, September 2012

10.28.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, September 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2012

 

For September 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 316 active listings. ( An increase of 18 homes from August)

[singlepic id=2850 w=600 h=600 float=center]

[singlepic id=2851 w=600 h=600 float=center]

69 Residential sales are pending and awaiting close or lender approval (An increase of 14 homes from August)

[singlepic id=2852 w=600 h=600 float=center]

15 Homes Sold in September (A decrease of 22 homes from last month)

[singlepic id=2853 w=600 h=600 float=center]

[singlepic id=2854 w=600 h=600 float=center]

[singlepic id=2855 w=600 h=600 float=center]

[singlepic id=2856 w=600 h=600 float=center]

The Hobe Sound Florida residential real estate market activity has seen some inventory gains in the past two months.  This is the only segment of the Martin County real estate market showing an inventory increase of this magnitude.  Pending sales were also up for September while closed sales were off quite a bit.  This is most likely due to the slow summer seasonal influence more than any significant market changes.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 stands at 21 months. For September 2012 this is still a strong buyers market for Hobe Sound.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2011 were:  348 active listings, 48 pending sales and 21 closed sales.   Marginally better numbers this year than last.

 

Search here for Hobe Sound Florida Real Estate for Sale

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

 

Hobe Sound, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, September 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, September 2012

10.26.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, September 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2012

For September 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 48 active listings. ( A decrease of 2 condos from August)

30 Condo sales are pending and awaiting close or lender approval. (Up 3 condos from August)

3 Condo Sold (Down 1 from August)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory is now very low at only 48 condos available for sale. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were up marginally and closed sales fell for September by 1 unit. Considering that this is the summer season where the condo market activity is normally slow, this segment continues with good activity.

The one month absorption rate for the September 2012, Jensen Beach Florida Market Report ZIP Code 34957 stands at a very unimpressive 16 months.  Still a strong buyers market, but there just isn’t very much quality inventory.  I’m expecting this to change when some of the pending sales close.

The September 2011 numbers were: 55 active listings, 10 pending sales and 8 condos closed.  Very similar to this years numbers, but better closed activity last year.

Search here for Jensen Beach Real Estate for Sale

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, September 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012

10.25.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2012

For September 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 128 active listings. (Unchanged from last month)

78 Residential sales are pending and awaiting close or lender approval. (Down 5 homes from August)

25 Homes Sold (Down 1 home from August)

After a very strong spring and early summer for the Jensen Beach residential real estate market, zip code 34957, September was fairly flat.   The inventory was unchanged for September.  Both closed and pending sales decreased slightly.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is just over 5 months.  This signifies a sellers market, in which the seller has an advantage over the buyer due to low inventory and increased demand.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2011 numbers were: 150 active listings, 80 pending sales and 19 home sales closed.  Even with significantly less inventory, much better sales figures for September 2012.

Search here for Jensen Beach Real Estate for Sale

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

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, September 2012

10.21.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, September 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2012

For September 2012 in the 34990 Zip Code area of Palm City, Florida :

There are currently 62 active condo listings. (A decrease of 1 condo from August)

6 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

4 Condos Sold in September. (Unchanged from August)

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.  For September, the market was basically unchanged from August with only 1 condo less in the active inventory.

The one month absorption rate for the Palm City Florida condo market is 15.5 months.  Still a significant buyers market.
The September 2011 numbers were: 61 active listings, 4 pending sales and 1 closed sales.   Slightly better market activity this September, compared to last, but still plenty of room for improvement.

Search here for Palm City Florida Real Estate for Sale ( Condos)

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 – Condo, September 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012

10.20.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2012

For September 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 402 active listings (An increase of 2 homes from August)

170 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month)

33 Homes Sold in September (Decreased by 35 homes from August)

For the Palm City, zip code 34990, area of Martin County Florida activity slowed in September after a super spring.  Closed sales were off by a significant amount (50%).  However, pending sales were up showing some good potential for the fall.  The inventory of available homes for sale increased marginally, but still remain at levels lower than they’ve been in quite a few years.  The market activity remains active, much more so than in the past few years.

The current absorption rate shot up to just over 12 months, which is considered to be a buyers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  Much of these numbers are a reflection of the slower activity which is typical for our area in the summer months.

The September 2011 numbers were:  482 active listings, 124 pending sales and 49 closed sales.  Considerably improved market activity for September 2012, especially when the lower inventory is factored into the results.

Search here for Palm City Florida Real Estate for Sale

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

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Palm City Florida Market Report ZIP Code 34990 – Residential, September 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, September 2012

10.19.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, September 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2012

For September 2012 in the 34997 Zip Code area of Stuart, Florida :

There are currently 101 active condo listings (An increase of 3 condos form August).

19 Condo sales are pending and awaiting close or lender approval (Down 5 condos from August).

9 Condos Sold in September (A decrease of 6 condos from August).

Reflecting the off season for condos, the Stuart condo market for the area in ZIP code 34997 had a pretty lackluster month for September.  A small increase in inventory and decreases in both pending and closed sales.

The one month absorption rate is at 11.2 months, slipping back into a buyers market.

The September 2011 numbers were: 112 active listings, 16 pending sales and 4 closed sales.  While it was a slow month, still better numbers than from September of 2011.

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2012

Stuart Florida Market Report ZIP Code 34997 – Residential, September 2012

10.17.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, September 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2012

There are currently 365 active listings (an increase of 33 homes from August).

178 Residential sales are pending and awaiting close or lender approval (A decrease of 17 homes from August).

50 Homes Sold in August (Down 32 homes from August)

After a really good August for the 34997 zip code area of Stuart Florida, numbers were off for September.  A significant jump in inventory, possibly signalling more homes coming on the market for the season as some recent good market news may have some sellers that have delayed their sales decision coming back on the market.  Unfortunately, both pending and closed sales were off.  Possibly this is more a reflection of the off season as opposed to a waning demand.

The current one month absorption rate is just over 7 months, which indicates that we’ve slipped into a buyers market (compared to last month’s 4 month absorption rate)..   Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
The 2011 numbers were: 503 active listings, 181 pending listings and 60 closed sales.

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

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

Stuart Florida Market Report ZIP Code 34997 – Residential, September 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, September 2012

10.16.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, September 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2012

For September 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 198 active condo listings (Up 8 from last month).

28 Condo sales are pending and awaiting close or lender approval (an increase of 9 condos from August).

8 Condos Sold in September (Down 4 from August)

The Stuart Florida Market Report ZIP Code 34996 for Condos showed its first increase in inventory in some time.  Future sales (pending listings) took a nice jump up to 28 condos while sales were off to only 8 sold condos.  Not an unexpected number considering we are in the off season for condo sales.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 24 months.  Not a very good number for sellers, but a great opportunity for buyers.  I expect this absorption rate to decrease in the coming months if the strong pending numbers hold up.

The numbers for September 2011 were: 188 active listings, 27 pending sales and 18 closed sales.  Very similar numbers to the current market.

Search here for Stuart Florida Real Estate for Sale ( Condos)
Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, September 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2012

10.15.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2012

For September 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 154 active listings (Decreased 12 homes from August).

34 Residential sales are pending and awaiting close or lender approval (Unchanged from August).

7 Homes Sold in September (Up 1 from August).

The 34996 zip code area of Stuart Florida showed a slight increase in sales for September.  Pending sales were unchanged from last month while inventory remained decreased again.  Good results when considering that this is our off season.  The one month absorption rate for the 34996 zip code area of Stuart Florida for September is 22 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for September of 2011 were: 177 active listings, 23 pending sales and 12 closed sales.  With the exception of the closed sales, our peding numbers are much better than last year with a considerably lower inventory.

Search here for Stuart Florida Real Estate for Sale

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

Stuart Florida Market Report ZIP Code 34996 – Residential, September 2012

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, August 2012

09.27.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, August 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2012

 

For August 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 26 active condo listings. (Down 2 from July)

[singlepic id=2690 w=600 h=600 float=center]

[singlepic id=2691 w=600 h=600 float=center]

 

7 Condo sales are pending and awaiting close or lender approval. (Unchanged from July)

[singlepic id=2692 w=600 h=600 float=center]

 

  2 Condos sold in August (A decrease of 1 condos from July)

[singlepic id=2693 w=600 h=600 float=center]

[singlepic id=2694 w=600 h=600 float=center]

[singlepic id=2695 w=600 h=600 float=center]

[singlepic id=2696 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  August showed very little change from last month.  With only 26 units available it’s fairly slim pickings in the Hobe Sound Florida Market Report ZIP Code 33455 condo market. Small changes in any metric will reflect large changes in market activity and unless some dramatic changes occur, I would expect the Hobe Sound condo market to remain fairly static.

The one month absorption rate is 13 months, signifying that it’s still a buyers market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  But, with such low numbers, these indicators can easily be misleading.

The August 2011 numbers were:  42 active listings, 6 pending sales and 3 closed sales.  Other than a significantly lower inventory, very similar results.



Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, August 2012

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, August 2012

09.26.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, August 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2012

 

For August 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 298 active listings. ( An increase of 19 homes from July)

[singlepic id=2641 w=600 h=600 float=center]

[singlepic id=2642 w=600 h=600 float=center]

55 Residential sales are pending and awaiting close or lender approval (A decrease of 22 homes from July)

[singlepic id=2643 w=600 h=600 float=center]

37 Homes Sold in August (An increase of 6 homes from last month)

[singlepic id=2644 w=600 h=600 float=center]

[singlepic id=2645 w=600 h=600 float=center]

[singlepic id=2646 w=600 h=600 float=center]

[singlepic id=2647 w=600 h=600 float=center]

For the second month in a row the Hobe Sound real estate market (ZIP Code 33455) had some disappointing results.  While closed sales were up for August, the number of pending sales were off considerably and unlike most other areas of Martin County the inventory rose for the second month n a row.  Whether this is just typical seasonal fluctuations for the Hobe Sound real estate market or a trend diverging from other Martin County areas remains to be seen.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 stands at 8 months.  This is still a buyers market in Hobe Sound.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2011 were:  342 active listings, 54 pending sales and 30 closed sales.   Marginally better numbers this year than last.

 

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, August 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, August 2012

09.23.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, August 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2012

For August 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 63 active condo listings. (An increase of 1 condo from July)

[singlepic id=2704 w=600 h=600 float=center]

[singlepic id=2705 w=600 h=600 float=center]

 

6 Condo sales are pending and awaiting close or lender approval. (Down 1 from last month)

[singlepic id=2706 w=600 h=600 float=center]

 

4 Condos Sold in August. (Up 3 from July)

[singlepic id=2707 w=600 h=600 float=center]

[singlepic id=2708 w=600 h=600 float=center]

[singlepic id=2709 w=600 h=600 float=center]

[singlepic id=2710 w=600 h=600 float=center]

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.  For August, closed sales were up 3 units from the one sale of July.  Both pending sales and the inventory only changed by 1 unit for August.
The one month absorption rate for the Palm City Florida condo market is 15.5 months.  Still a significant buyers market.
The August 2011 numbers were: 52 active listings, 5 pending sales and 4 closed sales.   Very similar to this year.  The one statistic to note, unlike most other segments of the Martin County real estate market, the inventory for Palm City condos is up from last year.

 

Search here for Palm City Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate


Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 – Condo, August 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012

09.22.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2012

 

For August 2012 in the 34990 Zip Code area of Palm City Florida :


There are currently 400 active listings (A decrease of 16 homes from July)

[singlepic id=2655 w=600 h=600 float=center]

[singlepic id=2656 w=600 h=600 float=center]

161 Residential sales are pending and awaiting close or lender approval. (A decrease of 8 homes from last month)

[singlepic id=2657 w=600 h=600 float=center]

68 Homes Sold in August (Increased 5 homes from July)

[singlepic id=2658 w=600 h=600 float=center]

[singlepic id=2659 w=600 h=600 float=center]

[singlepic id=2660 w=600 h=600 float=center]

[singlepic id=2661 w=600 h=600 float=center]

 
For the Palm City, zip code 34990, area of Martin County Florida activity remained strong for August after a super spring.  Closed sales were up again.  Pending sales were off for the first time in a number of months, possibly reflecting the typical seasonal slow down for Palm City Florida during the summer months.  The inventory of available homes for sale also declined again, now at levels approaching those during the height of the real estate boom in the mid 2000’s.  The market activity remains active, much more so than in the past few years.

The current absorption rate is 5.8 months, which is considered to be a balanced market, but sliding towards a sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The August 2011 numbers were:  466 active listings, 139 pending sales and 42 closed sales.  Considerably improved market activity for August 2012, especially when the lower inventory is factored into the results.

 

Search here for Palm City Florida Real Estate for Sale

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

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, August 2012

09.20.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, August 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2012

 

For August 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 50 active listings. ( A decrease of 4 condos from July)

[singlepic id=2697 w=600 h=600 float=center]

[singlepic id=2698 w=600 h=600 float=center]

 

27 Condo sales are pending and awaiting close or lender approval. (Up 4 condos from July)

[singlepic id=2699 w=600 h=600 float=center]

 

4 Condo Sold (Down 1 from July)

[singlepic id=2700 w=600 h=600 float=center]

[singlepic id=2701 w=600 h=600 float=center]

[singlepic id=2702 w=600 h=600 float=center]

[singlepic id=2703 w=600 h=600 float=center]

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory is now very low at only 50 condos available for sale. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were up marginally and closed sales fell for August by 1 unit. Considering that this is the summer season where the condo market activity is normally slow, this segment continues with good activity.

The one month absorption rate for the August 2012, Jensen Beach Florida Market Report ZIP Code 34957 stands at a very unimpressive 12.5 months.  Still a strong buyers market, but there just isn’t very much quality inventory.  I’m expecting this to change when some of the pending sales close.

The August 2011 numbers were: 51 active listings, 15 pending sales and 5 condos closed.  Other than the significantly larger number of pending sales, the inventory and closed sales are virtually identical.


Search here for Jensen Beach Real Estate for Sale


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, August 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, August 2012

09.19.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, August 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2012

 

For August 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

 

There are currently 128 active listings. (Up 15 homes from last month)

[singlepic id=2648 w=600 h=600 float=center]

[singlepic id=2649 w=600 h=600 float=center]

 

83 Residential sales are pending and awaiting close or lender approval. (Down 11 homes from July)

[singlepic id=2650 w=600 h=600 float=center]

 

26 Homes Sold (Up 4 homes from July)

[singlepic id=2651 w=600 h=600 float=center]

[singlepic id=2652 w=600 h=600 float=center]

[singlepic id=2653 w=600 h=600 float=center]

[singlepic id=2654 w=600 h=600 float=center]

 

Another positive month for the Jensen Beach residential real estate market, zip code 34957.   The inventory increased for August, which is now a positive sign as it was getting very low.  With a little more inventory, buyers will have a better selection of homes to choose from.  Closed sales were up, while pending sales decreased.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 4.9 months.  This signifies a sellers market, in which the seller has an advantage over the buyer due to low inventory and increased demand.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2011 numbers were: 153 active listings, 75 pending sales and 18 home sales closed.  Even with significantly less inventory, much better sales figures for August 2012.
 

Search here for Jensen Beach Real Estate for Sale

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

 

Jensen Beach, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

 

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, August 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, August 2012

09.18.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, August 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2012

 

For August 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 98 active condo listings (A decrease of 2 condo form July).

[singlepic id=2725 w=600 h=600 float=center]

[singlepic id=2726 w=600 h=600 float=center]

 

24 Condo sales are pending and awaiting close or lender approval (Down 4 condos from July).

[singlepic id=2727 w=600 h=600 float=center]

 

15 Condos Sold in August (An increase of 2 condos from July).

[singlepic id=2728 w=600 h=600 float=center]

[singlepic id=2729 w=600 h=600 float=center]

[singlepic id=2730 w=600 h=600 float=center]

[singlepic id=2731 w=600 h=600 float=center]

 

Bucking the trend for the other condo markets in Martin County, the Stuart condo market for the area in ZIP code 34997 had excellent numbers for August of 2012.  Inventory is now down to only 98 units while both pending and closed sales rose.

The one month absorption rate is at 6.5 months, which is basically a balanced market, favoring neither the seller or buyer.

The August 2011 numbers were: 107 active listings, 16 pending sales and 9 closed sales.  A considerable improvement this year from 2011.

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2012

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, August 2012

09.15.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, August 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2012

 

There are currently 332 active listings (an increase of 2 homes from July).

[singlepic id=2732 w=600 h=600 float=center]

[singlepic id=2733 w=600 h=600 float=center]

 

195 Residential sales are pending and awaiting close or lender approval (A decrease of 27 homes from July).

[singlepic id=2734 w=600 h=600 float=center]

 

82 Homes Sold in July (Up 32 homes from July)

[singlepic id=2735 w=600 h=600 float=center]

[singlepic id=2736 =600 h=600 float=center]

[singlepic id=2737 w=600 h=600 float=center]

[singlepic id=2738 =600 h=600 float=center]

Very strong results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market continues to outperform other areas of Martin County.  Closed sales were up significantly for August.   Pending sales were off, most likely because of the high number of closed sales.  The inventory was up by 2 homes in the 34997 zip code of Stuart, Florida.
 
The current one month absorption rate is just over 4 months, which normally signifies a sellers market.   Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 484 active listings, 181 pending listings and 56 closed sales.
 
 

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

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34997 – Residential, August 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, August 2012

09.14.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, August 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2012

For August 2012 in the 34996 Zip Code area of Stuart, Florida :

 

There are currently 190 active condo listings (Unchanged from last month).

[singlepic id=2718 w=600 h=600 float=center]

[singlepic id=2719 w=600 h=600 float=center]

 

19 Condo sales are pending and awaiting close or lender approval (an increase of 2 condos from July).

[singlepic id=2720 w=600 h=600 float=center]

 

12 Condos Sold in August (Unchanged from July)

[singlepic id=2721 w=600 h=600 float=center]

[singlepic id=2722 w=600 h=600 float=center]

[singlepic id=2723 w=600 h=600 float=center]

[singlepic id=2724 w=600 h=600 float=center]

 

The Stuart Florida Market Report ZIP Code 34996 for Condos was basically unchanged from July.  The only difference was an increase of 2 pending sales.  We are now in the off peak season for condos and it’s not unusual to see a lower number of pending sales and fewer closed sales for the summer and fall for this segment of Stuart, Florida real estate.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just under 16 months.  Still a very strong buyers market for now.

The numbers for August 2011 were: 192 active listings, 29 pending sales and 12 closed sales.  Very similar numbers to the current market.

Search here for Stuart Florida Real Estate for Sale ( Condos)

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, August 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, August 2012

09.13.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, August 2012

 

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2012

 

 

For August, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 166 active listings (Unchanged from July).

[singlepic id=2676 w=600 h=600 float=center]

[singlepic id=2677 w=600 h=600 float=center]

 

34 Residential sales are pending and awaiting close or lender approval (Up 6 from July).

[singlepic id=2678 w=600 h=600 float=center]

 

6 Homes Sold in August (Down 5 from July).

[singlepic id=2679 w=600 h=600 float=center]

[singlepic id=2680 w=600 h=600 float=center]

[singlepic id=2681 w=600 h=600 float=center]

[singlepic id=2682 w=600 h=600 float=center]

The 34996 zip code area of Stuart Florida showed a decrease in sales for August.  Pending sales were up as compared to last month while inventory remained unchanged.  We continued to have some excellent sales in the higher price brackets this month, continuing a trend from July.   The one month absorption rate for the 34996 zip code area of Stuart Florida for August is 33 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for August of 2011 were: 160 active listings, 28 pending sales and 9 closed sales.  Unusually better numbers last year than for 2012, compared to other segments of the martin County real estate market.

Search here for Stuart Florida Real Estate for Sale


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

 

Stuart Florida Market Report ZIP Code 34996 – Residential, August 2012

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, July 2012

08.29.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, July 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2012

 

For July 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 28 active condo listings. (Down 2 from June)

[singlepic id=2591 w=600 h=600 float=center]

[singlepic id=2592 w=600 h=600 float=center]

 

7 Condo sales are pending and awaiting close or lender approval. (Down 1 from June)

[singlepic id=2593 w=600 h=600 float=center]

 

  3 Condos sold in July (A decrease of 3 condos from June)

[singlepic id=2594 w=600 h=600 float=center]

[singlepic id=2595 w=600 h=600 float=center]

[singlepic id=2596 w=600 h=600 float=center]

[singlepic id=2597 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. July showed fewer closed sales, one less pending sale recorded as well as another decrease in inventory.  With only 28 units available it’s fairly slim pickings in the Hobe Sound Florida Market Report ZIP Code 33455 condo market.

The one month absorption rate is 9.3 months, signifying that it’s still a buyers market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  But, with such low numbers, these indicators can easily be misleading.



Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, July 2012