Hobe Sound FL 33455 Residential Market Report October 2019

Hobe Sound FL 33455 Residential Market Report October 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2019

There are currently 172 active listings. (Down by 6 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2019

73 Residential sales are pending and awaiting close  (Up by 1 home from September)

Hobe Sound FL 33455 Residential Market Report October 2019

49 Homes Sold in October (Up by 9 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had an active October with more closed sales than the previous month.  The pending sales remain quite strong as well.

The current absorption rate for the Hobe Sound residential market dropped to 3.5 months (It was 4.5 months in September).  Remaining as a seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2018 were: 194 active listings, 49 pending sales, and 52 closed sales.  With a smaller inventory of available homes for sale, sales were the same and pending sales were greater than last year.

Hobe Sound FL 33455 Residential Market Report October 2019

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

Click here to view previous Hobe Sound FL 33455 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Residential Market Report October 2019

Stuart FL 34997 Residential Market Report October 2019

Stuart FL 34997 Residential Market Report October 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2019

For October 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 273 active listings (Increased by 18 homes from September).

Stuart FL 34997 Residential Market Report October 2019 

133 Residential sales are pending and awaiting close or lender approval (Down by 31 homes from September). 

Stuart FL 34997 Residential Market Report October 2019 

100 Homes Sold in October (Increased by 39 homes from September)

Stuart FL 34997 Residential Market Report October 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  Our results were quite impressive for October with very strong closed sales numbers.  We did show a decrease in pending sales, but these are still strong results.
     The absorption rate plunged to 2.7 months (was 4.2 months for September).  We remain in an extreme seller’s market for the 34997 zip code area of Stuart for October 2019.  A typical balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for October, were: 316 active listings, 123 pending listings, and 63 closed sales.  This is a considerably stronger sales and pending sales figures on a smaller inventory this year.  We are showing very impressive results for this segment of the Stuart FL real estate market.
Stuart FL 34997 Residential Market Report October 2019

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

Click here to view previous Stuart FL 34997 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report October 2019

Jensen Beach FL 34957 Residential Market Report October 2019

Jensen Beach FL 34957 Residential Market Report October 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2019

 There are currently 210 active listings. (Up by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2019

70 Residential sales are pending and awaiting close or lender approval. (Increased by 13 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2019

33 Homes Sold (Down by 5 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2019

The Jensen Beach FL 34957 Residential Market had both the inventory and pending sales rise for October.  While the number of closed sales dropped slightly.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.4 months ( was 5.1 months in September).  Transitioning into a balanced market for Jensen Beach homes for the first time in quite a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or the buyer.
The October 2018 numbers were: 181 active listings, 47 pending sales, and 40 home sales closed.  There was better activity last year even with a significantly lower inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2019
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Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Click here to view previous Jensen Beach FL 34957 Residential Market Report

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report October 2019

Stuart FL 34996 Residential Market Report October 2019

Stuart FL 34996 Residential Market Report October 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2019

There are currently 118 active listings (Decreased by 7 homes from September).

Stuart FL 34996 Residential Market Report October 2019

23 Residential sales are pending and awaiting close (Up by 2 homes from September).

Stuart FL 34996 Residential Market Report October 2019

11 Homes Sold in October (Down by 6 homes from September).

Stuart FL 34996 Residential Market Report October 2019

The 34996 zip code area of the Stuart Florida residential real estate had a lower number of closed sales from last month.  The inventory of available homes for sale also continues to decrease.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for October jumped up to 10.7 months as compared to 7.4 months for last month.  Now, transitioning into a buyer’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for October 2018 were: 158 active listings, 21 pending sales, and 14 closed sales.  A greater number of sales last year.  But, this was also with a considerably greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report October 2019

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Search here for homes for sale in the 34996 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Click here for previous Stuart FL 34996 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report October 2019

Palm City FL 34990 Residential Market Report October 2019

Palm City FL 34990 Residential Market Report October 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2019

 There are currently 328 active listings (Up by 11 homes from September)

Palm City FL 34990 Residential Market Report October 2019

105 Residential sales are pending (Down by 20 homes from last month)

Palm City FL 34990 Residential Market Report October 2019

85 Homes Sold in October (Down by 5 home from September)

Palm City FL 34990 Residential Market Report October 2019

The Palm City FL, zip code 34990 residential real estate market had slightly weaker sales and pending sales activity when compared to last month but remains a very active segment of the Martin County single-family real estate market.
The monthly absorption rate dropped to 3.9 months from 3.5 months in September.  Remaining in a strong seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The October 2018 numbers were:  357 active listings, 106 pending sales, and 73 closed sales.  Considerably stronger closed and pending sales this year on a significantly smaller inventory of available Palm City homes for sale.

Palm City FL 34990 Residential Market Report October 2019

Click here to view the previous Palm City Florida residential market reports

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

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

Click here for previous Palm City FL 34990 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report October 2019