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

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

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

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

There are currently 323 active listings. ( A decrease of 19 homes from February)

104 Residential sales are pending and awaiting close or lender approval (An increase of 2 homes from February)

49 Homes Sold in March (An increase of 18 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a solid March 2012.  Inventory decreased again and closed sales were up significantly from a solid February.  Compared to last March, we had 434 active listings, 103 pending sales and 45 closed sales, we are very similar to last year’s figures, but all this with significantly less inventory.

The Hobe Sound real estate market (zip code 33455) is off to an excellent 2012, with solid market results.

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

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

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

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

For March 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the February Market Snapshot data was unavailable)

There are currently 68 active listings. (Unchanged from February)

26 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from February)

8 Condo Sold (An increase of 6 condos from February)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory that was unchanged from February and fairly good pending data.  Closed sales were up by a good amount last month. 

Last March there were 63 active listings, 21 pending sales and 7 closed sales. Basically unchanged over the year.

 

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

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

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

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

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

There are currently 124 active listings. (Down 31 homes from last month)

102 Residential sales are pending and awaiting close or lender approval. (Up 11 homes from February)

36 Homes Sold (Down 7 from February)

Wow! The Jensen Beach real estate market (ZIP Code 34957)  had a smoking March and shows good potential for future sales.   Sales were up by 20 homes, pending sales jumped to over 100 with the inventory down to only 155 homes.  Very strong results.

The March 2011 numbers were 181 active listings, 80 pending sales and 20 closed sales.  We have considerably better numbers this year with a reduced inventory of available homes.  Very positive results.

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

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

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

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

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

There are currently 66 active condo listings. (Down 5 from February)

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

3 Condos Sold in March. (Down 2 from February)

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 townhomes.   Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year-round residents.  This segment of the market currently is treading water with small changes in all categories.

Last year’s numbers for the Palm City (34990 zip code area) Condo market were 65 active listings, 7 pending sales and 5 closed sales.

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

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

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

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

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

There are currently 476 active listings (A decrease of 6 homes from February)

202 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

47 Homes Sold in March (Increased 17 homes from February)

For the Palm City, zip code 34990, area of Martin County Florida, the strong February continued into March with a small decrease in closed sales, but still strong with 47 homes having closed.  A large jump in homes under contract to over 200 and a modest decrease in inventory.  Very strong results!

Comparing these numbers to March of 2011, when there were 555 active listings, 145 pending sales and 59 homes sold, a slightly lower number of sales and a significantly higher number of pending sales which should translate to higher closed numbers in the near future.  Inventory remains about 15% lower than last year.

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

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

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

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

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

There are currently 109 active condo listings (An decrease of 3 condos form February).

40 Condo sales are pending and awaiting close or lender approval (Up 6 condos from February).

14 Condos Sold in June (An increase of 6 condos from February).

After treading water in February, the march results for the Stuart condo market for the area in ZIP code 34997 showed gains in all three major market stats.  Inventory decreased, pending and closed sales were both up. Considering the fairly low number of available properties, these are good solid results.

Last year’s numbers were 135 active listings, 18 pending and 18 closed sales.  Other than slightly fewer closed sales, we are doing much better in the Condo market for the 34997 zip code area of Stuart, Florida.

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2012

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

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

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

There are currently 428 active listings (A decrease of 43 homes from February).

263 Residential sales are pending and awaiting close or lender approval (An increase of 21 homes from February).

61 Homes Sold in February (Up 1 homes from February)

Another positive month for the 34997 zip code area of Stuart Florida.  This segment of the martin County real estate market is just HOT!  Inventory took a huge drop again in March while pending sales also rose significantly and closed sales remained steady with a significant number of sold homes.  There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales.  Hopefully, the majority of these will receive approval and close.  It is significant to note that the active inventory has decreased by over 100 homes in the past two months, representing a close to 25% drop in active listings!

Compared to March of 2011, when there were 606 active listings, 197 pending sales and 77 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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

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

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

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

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

There are currently 199 active condo listings (Down 8 from last month).

58 Condo sales are pending and awaiting close or lender approval (An increase of 15 condos from February).

23 Condos Sold in March (An increase of 13 condos from February)

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996.  Sales activity remained steady with only 2 less sales compared to February and pending sales took a nice jump by 18 units.  These are very strong signs for this segment of the market.  There was a fairly good mix of both Island units as well as some of the lesser-priced senior condos on the mainland selling last month.

Compared to the end of last year in March of 2011, the numbers were 242 active listings, 34 pending sales, and 36 closed sales.  While closed sales were off from last year, the mix of sales shows a higher number of more expensive Island Condos as well as the fact that there are approximately 20% fewer units actively for sale at this time.

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

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

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

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

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

There are currently 165 active listings (Down 18 from February).

36 Residential sales are pending and awaiting close or lender approval (Up 1 from February).

22 Homes Sold in March (Up 14 from February).

The 34996 zip code area of Stuart Florida showed very strong sales activity in March.  Pending sales also remained steady and the inventory declined further in a continued positive trend for this section of the residential single family market in Stuart, Florida.  The current absorption rate is under 8 months and is only a small number away from a balanced market.  When factoring in the distressed sales, this is an impressive result for March.

Comparing the numbers to March of 2011, there were 201 active listings, 31 pending sales and 8 closed sales.  This March’s activity is considerably better than last year, especially when one considers that there were almost 25% fewer homes available for sale on the market.  Impressive results!

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

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

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

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

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

There are currently 32 active condo listings. (Unchanged from last January)

4 Condo sales are pending and awaiting close or lender approval. (Up 1 from January)

  1 Condo Sale closed in February (Down 4 from January)

The Hobe Sound condo market (Zip Code 33455) is a tiny segment of both Hobe Sound real estate as well as the smallest condo market on the Treasure Coast. February showed very little change from previous months, with only 1 sale closed. With such a low inventory, I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market. Last February’s numbers were 48 active listings, 12 pending sales and 3 closed sales.

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

Spacious Willoughby Golf Club Pool Home is Pending

Spacious Willoughby Golf Club Pool Home is Pending

We are under contract for 3481 SE Doubleton Drive in the Willoughby Golf Club.  Should be a smooth and quick close.

This Spacious Willoughby Golf Club Pool Home is Pending.  It is an impeccably maintained, beautiful, and very spacious golf course home featuring 3 BR, 4 BA (plus cabana bath) with 2.5 car garage, with a screened heated pool and spa. Bright open spaces, high ceilings, an included entertainment system, custom built ins, wet bar, summer kitchen (grill included), office, electric hurricane shutters, immense storage and much, much more. Large lanai with ample room for casual or formal outdoor entertainment. Granite counters, updated appliances and a dual control wine cooler. There’s a one time $15,000 capitol contribution required for all new owners. Golf membership is not mandatory, social and tennis membership included in the HOA fees. Priced well below replacement cost and ready for immediate occupancy. Amazing value at $599,000

The Willoughby Golf Club consists of both estate and neighborhood homes totaling 375 single family residences on 403 acres.  Willoughby Golf Club’s lifestyle offers a beautiful golf course, tennis courts, lap-lane pool and fitness center. Its spacious  and newly refurbished clubhouse has several dining venues, hosts many charitable events and offers a variety of indoor and outdoor activities and 24 hour security. All this combined with a community of energetic caring members that has made Willoughby “one of the best places to live in Florida” according to Links Magazine.

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Spacious Willoughby Golf Club Pool Home is Pending

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

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

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

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

There are currently 342 active listings. ( A decrease of 17 homes from January)

102 Residential sales are pending and awaiting close or lender approval (An increase of 22 homes from January)

31 Homes Sold in February (An increase of 11 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a solid February 2012.  Inventory decreased, sales and pending sales were up significantly from January.  Comparing to last February, we had 461 active listings, 100 pending sales and 24 closed sales, we are very similar to last years figures, but all this with significantly less inventory.

The Hobe Sound real estate market (zip code 33455) is off to an excellent 2012, with solid market results.

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

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

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

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

For February 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the January Market Snapshot data was unavailable)

There are currently 68 active listings. (Down 2 from January)

21 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from January)

2 Condo Sold (A decrease of 5 condos from January)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory and fairly good pending data.  Closed sales were down last month, but should be improving for the remainder of the season.  Last February there were 59 active listings, 21 pending sales and 5 closed sales. Basically unchanged over the year.

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

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

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

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

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

There are currently 155 active listings. (Down 140 homes from last month)

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

16 Homes Sold (Down 7 from January)

The Jensen Beach real estate market (ZIP Code 34957)  had a strong February and shows good potential for future sales.  I have changed the way I collect data for this zip code and am using homes only in Martin County with the 34957 zip code and excluding the saint Lucie County homes.  So, past comparisons for the next few months will be skewed as I have no way to go back and extrapolate the data from past market snapshots.

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

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

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

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

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

There are currently 71 active condo listings. (Up 3 from January)

1 Condo sales are pending and awaiting close or lender approval. (Down 5 from last month)

5 Condos Sold in February. (Up 2 from January)

The 34990 zip code area of the Palm City condo market is a fairly small section of this area as most property in Palm City is either single-family homes or townhomes. With only 71 currently active listings, it is not a very large market. Last year at this time there were 71 active listings, 9 pending sales, and 3 closed sales as compared to this year’s 1 and 5 respectively. The condo market remains significantly more sluggish compared to the single-family residential market. We are seeing a new normal being established for this smaller segment of the Martin County real estate market.

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

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

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

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

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

There are currently 482 active listings (Increase of 8 homes from January)

176 Residential sales are pending and awaiting close or lender approval. (An increae of 15 homes from last month)

49 Homes Sold in February (Increased 17 homes from January)

For the Palm City, zip code 34990, area of Martin County Florida, another positive month in terms of closed sales and future pending sales.  Inventory crept up by a small number, but sales activity remains strong in Palm City residential real estate. Comparing these numbers to February of 2011, when there were 570 active listings, 144 pending sales and 46 homes sold, very similar numbers with a significantly smaller inventory.

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

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

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

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

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

There are currently 112 active condo listings (An decrease of 2 condos form January).

34 Condo sales are pending and awaiting close or lender approval (Up 10 condos from January).

8 Condos Sold in June (A decrease of 5 condos from January).

Generally treading water for the Stuart condo market for the area in ZIP code 34997.  Inventory basically unchanged, pending sales were up but closed sales were off.  Last year’s numbers were 121 active listings, 24 pending sales and 3 closed sales.  It certainly appears that we are in a steady state with this level of activity for this segment and this very well may be the new normal.

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

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

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

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

There are currently 471 active listings (A decrease of 59 homes from January).

242 Residential sales are pending and awaiting close or lender approval (An increase of 37 homes from January).

60 Homes Sold in January (Up 15 homes from January)

Another positive month for the 34997 zip code area of Stuart Florida.  This segment of the martin County real estate market is just HOT!  Inventory took a huge drop last month while both pending and closed sales were up.  There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales.  Hopefully, the majority of these will receive approval and close.

Compared to February of 2011, when there were 641 active listings, 207 pending sales and 36 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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

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

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

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

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

There are currently 207 active condo listings (Down 18 from last month).

43 Condo sales are pending and awaiting close or lender approval (An increase of 11 condos from January).

25 Condos Sold in February (An increase of 13 condos from January)

The inventory declined fairly sharply in the Stuart condo market for the area in ZIP code 34996.  Sales activity doubled from January and pending sales increased as well.  Very strong signs for this area of the market.  There was a fairly good mix of both Island units and some of the lesser-priced senior condos on the mainland selling last month.

Compared to the end of last year in February of 2011, the numbers were 263 active listings, 46 pending sales and 26 closed sales. Other than a lower inventory of available condos, the numbers are similar to February 2011.

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

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

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

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

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

There are currently 183 active listings (Down 7 from January).

35 Residential sales are pending and awaiting close or lender approval (Up 7 from January).

8 Homes Sold in February (Up 2 from January).

The 34996 zip code area of Stuart Florida and the majority of Treasure Coast areas had a strong February market with all tracked categories moving in the right direction.

Comparing the numbers to February of 2011, there were 206 active listings, 30 pending sales and 7 closed sales.  With the inventory continuing to decline, sales levels and pending sales levels remain at or above last year’s levels.  Those properties that are attractive and priced well continue to sell, and often quite fast.

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