Stuart FL 34996 Residential Market Report March 2017

04.14.17 by

Stuart FL 34996 Residential Market Report March 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2017

 

For March 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 167 active listings (Up by 1 homes from February).

Stuart FL 34996 Residential Market Report March 2017

58 Residential sales are pending and awaiting close or lender approval (Down by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2017

36 Homes Sold in March (Increased by 24 homes from February).

Stuart FL 34996 Residential Market Report March 2017

The 34996 zip code area of the Stuart Florida residential real estate market continued to pick up for March 2017 with a large increase in closed sales and still strong pending sales even if off by a few homes from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March dipped to 4.6 months as compared to February’s 13.8 months.  Transitioning back into a strong sellers market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2016 were: 163 active listings, 51 pending sales and 23 closed sales.  Better activity this year as compared to last March.

Stuart FL 34996 Residential Market Report March 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report March 2017

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

04.12.17 by

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2017

For March, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 69 active listings (Decreased by 5 homes from February)

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

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

 Stuart Florida Market Report ZIP Code 34994 Residential March 2017

15 Homes Sold in February (Up by 5 homes from February)

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continued to improve with both pending sales and closed sales increasing for the month of March.

The one month absorption rate for the 34994 zip code for March dropped to 4.6 months from 6.8 months for February.  Transitioning into a strong sellers market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2016 numbers were 62 Active Listings, 33 pending sales and 15 closed sales.  Very similar activity to last year.

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

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

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Sewalls Point Single Family Market Report March 2017

04.10.17 by

Sewalls Point Single Family Market Report March 2017

Sewalls Point Real Estate Snapshot, Residential Sales for March 2017

 

There are currently 66 active listings (Down by 1 home from last month)

Sewalls Point Single Family Market Report March 2017

21 home sales are pending and awaiting close or lender approval (Increased by 6 homes from February)

Sewalls Point Single Family Market Report March 2017

9 Homes sold in February (Increased by 4 homes sales from February)

Sewalls Point Single Family Market Report March 2017

The single family real estate market in Sewalls Point showed one of the best months in quite some time with increases in closed sales as well as homes under contract.

The absorption stayed at 7.3 months, in February it was 16.8 months.  Still a buyers’ market but getting close to a balanced one.  One of the better months in some time for Sewalls Point real estate.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to March 2016, the inventory was 70 homes on the market, 14 pending sales and there were 6 closed sales.  Considerably better activity this year.

Sewalls Point Single Family Market Report March 2017

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report March 2017

 

Hobe Sound FL 33455 Residential Market Report February 2017

03.28.17 by

Hobe Sound FL 33455 Residential Market Report February 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2017

  For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 233 active listings. (Up by 1 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2017

76 Residential sales are pending and awaiting close  (Down by 2 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2017

50 Homes Sold in February (Up by 23 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a big jump in closed sales for the month while maintaining inventory as well as pending sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.7 months (8.6 months in January).  Back into a sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2016 were:  206 active listings, 116 pending sales and 27 closed sales.  Considerably stronger activity this year than last for closed sales, but pending sales are somewhat less on greater availability of homes for sale.

Hobe Sound FL 33455 Residential Market Report February 2017

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 33455 Residential Market Report February 2017

Jensen Beach FL 34957 Residential Market Report February 2017

03.26.17 by

Jensen Beach FL 34957 Residential Market Report February 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2017

 For February 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 190 active listings. (Down by 8 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2017

96 Residential sales are pending and awaiting close or lender approval. (Increased by 24 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2017

27 Homes Sold (Down by 7 homes sale from January)

Jensen Beach FL 34957 Residential Market Report February 2017

The Jensen Beach FL 34957 Residential Market showed some very strong gains in pending sales.  Unfortunately, a decrease in closed sales, but I expect this segment of the Stuart real estate market to be active in the next few months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7 months ( was 5.8 months in January).  Shifting into a balanced market for the Jensen Beach residential real estate segment but getting very close to a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2016 numbers were: 128 active listings, 66 pending sales and 20 home sales closed.  Considerably greater inventory this year and an accompanying greater volume of closed and pending sales.
Jensen Beach FL 34957 Residential Market Report February 2017

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

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

Jensen Beach FL 34957 Residential Market Report February 2017

Palm City FL 34990 Residential Market Report February 2017

03.24.17 by

Palm City FL 34990 Residential Market Report February 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2017

 

For February 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 445 active listings (Increased by 24 homes from January)

Palm City FL 34990 Residential Market Report February 2017

135 Residential sales are pending and awaiting close or lender approval. (Up by 10 homes from last month)

Palm City FL 34990 Residential Market Report February 2017

56 Homes Sold in January (Up by 4 homes from January)

Palm City FL 34990 Residential Market Report February 2017

The Palm City FL, zip code 34990 residential real estate market continues to have more homes on the market and it appears that both pending and closed sales are also increasing.
The monthly absorption rate decreased to 7.9 months from 8.1 months in January.  Still in a buyers’ market for the Palm City zip code 34990 area for residential sales, but with the strong number of pending sales, I expect a balanced market in the next month or so.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2016 numbers were:  415 active listings, 152 pending sales and 56 closed sales.  Similar activity as compared to last year but with greater inventory this year.

Palm City FL 34990 Residential Market Report February 2017

 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 34990 Residential Market Report February 2017

Stuart FL 34997 Residential Market Report February 2017

03.22.17 by

Stuart FL 34997 Residential Market Report February 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2017

 

There are currently 343 active listings (Decreased by 11 homes from January).

Stuart FL 34997 Residential Market Report February 2017

182 Residential sales are pending and awaiting close or lender approval (Up by 13 homes from January).

Stuart FL 34997 Residential Market Report February 2017

74 Homes Sold in February (Increased by 13 homes from January)

Stuart FL 34997 Residential Market Report February 2017

      The Stuart Florida Residential Market for ZIP Code 34997 showed a very strong second month of 2017 with increases in both pending and closed sales.
     The absorption rate decreased to 4.6 months (was 5.8 months for January).  Once again back in a sellers’ one for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for February, were: 321 active listings, 175 pending listings and 58 closed sales.  Better volume of both closed and pending sales when compared to last February.
Stuart FL 34997 Residential Market Report February 2017

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

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

Stuart FL 34997 Residential Market Report February 2017

 

Stuart FL 34996 Residential Market Report February 2017

03.20.17 by

Stuart FL 34996 Residential Market Report February 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2017

 

For February 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 166 active listings (Down by 14 homes from January).

Stuart FL 34996 Residential Market Report February 2017

61 Residential sales are pending and awaiting close or lender approval (Up by 18 homes from January).

Stuart FL 34996 Residential Market Report February 2017

12 Homes Sold in February (Increased by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2017

The 34996 zip code area of the Stuart Florida residential real estate market rebounded for February 2017 with an decrease in inventory and an increase in closed sales as well as future sales (pendings).

The one month absorption rate for the 34996 zip code area of Stuart Florida for February jumped to 13.8 months as compared to January’s 18.0 months.  Still a strong buyers’ market for the 34996 zip code area of Stuart FL but tending towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February of 2016 were: 154 active listings, 55 pending sales and 12 closed sales.  Better pending activity this year with the same volume of closed sales as last year.

Stuart FL 34996 Residential Market Report February 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report February 2017

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

03.18.17 by

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

For February, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Decreased by 6 homes from January)

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

25 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).

 Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

10 Homes Sold in January (Up by 3 homes from January)

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida regained some lost momentum from the previous month.

The one month absorption rate for the 34994 zip code for February dropped to 6.8 months from 10.6 months for January.  Moving into a balanced market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2016 numbers were 69 Active Listings, 24 pending sales and 13 closed sales.  Slightly weaker activity for this year.

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2017

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

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

Sewalls Point Single Family Market Report February 2017

03.17.17 by

Sewalls Point Single Family Market Report February 2017

Sewalls Point Real Estate Snapshot, Residential Sales for February 2017

 

There are currently 67 active listings (Unchanged from last month)

Sewalls Point Single Family Market Report February 2017

15 home sales are pending and awaiting close or lender approval (Increased by 4 homes from January)

Sewalls Point Single Family Market Report February 2017

5 Homes sold in January (Increased by 1 homes sales from January)

Sewalls Point Single Family Market Report February 2017

The single family real estate market in Sewalls Point continues to show somewhat weaker activity though I’m seeing quite a bit of curent activity and the March report may show improvements.

The absorption stayed at 16.8 months, in January it was also 16.8 months.  A strong buyers’ market once again.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to February 2016, the inventory was 56 homes on the market, 12 pending sales and there were 6 closed sales.  Better volume of sales and pendings last winter with a smaller inventory.

Sewalls Point Single Family Market Report February 2017

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report February 2017

 

Hobe Sound FL 33455 Residential Market Report January 2017

02.23.17 by

Hobe Sound FL 33455 Residential Market Report January 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2017

  For January 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 232 active listings. (Up by 26 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2017

78 Residential sales are pending and awaiting close  (Up by 19 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2017

27 Homes Sold in January (Down by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed a drop in closed sales from last month along with an increase in listings.  Pending sales look good, however, for future closed activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 8.6 months (5.2 months in December).  Once again, a buyers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2016 were:  212 active listings, 76 pending sales and 35 closed sales.  Slightly weaker activity with a little bit more inventory this year.

Hobe Sound FL 33455 Residential Market Report January 2017

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 33455 Residential Market Report January 2017

Jensen Beach FL 34957 Residential Market Report January 2017

02.21.17 by

Jensen Beach FL 34957 Residential Market Report January 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2017

 For January 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 198 active listings. (Up by 15 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2017

72 Residential sales are pending and awaiting close or lender approval. (Increased by 19 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2017

34 Homes Sold (Up by 1 home sale from December)

Jensen Beach FL 34957 Residential Market Report January 2017

The Jensen Beach FL 34957 Residential Market had an increase in inventory (as did most segments of the Martin County residential market). Pending sales were up and closed sales rose by one home from last month.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.8 months ( was 5.5 months in December).  Still in a sellers’ market for the Jensen Beach residential real estate segment but getting very close to a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2016 numbers were: 137 active listings, 60 pending sales and 30 home sales closed.  Considerably greater inventory this year and only slightly greater closed sales numbers.  The pending sales look strong.
Jensen Beach FL 34957 Residential Market Report January 2017

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

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

Jensen Beach FL 34957 Residential Market Report January 2017

Palm City FL 34990 Residential Market Report January 2017

02.19.17 by

Palm City FL 34990 Residential Market Report January 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for January 2017

 

For January 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 421 active listings (Increased by 5 homes from December)

Palm City FL 34990 Residential Market Report January 2017

125 Residential sales are pending and awaiting close or lender approval. (Up by 32 homes from last month)

Palm City FL 34990 Residential Market Report January 2017

52 Homes Sold in December (Down by 13 homes from December)

Palm City FL 34990 Residential Market Report January 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in inventory and very strong pending sales numbers which should result in a higher sales volume on the coming months.  Closed sales were off for the month.
The monthly absorption rate increased to 8.1 months from 6.4 months in December.  Back into a buyers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2016 numbers were:  400 active listings, 156 pending sales and 49 closed sales.  Just a small increase in sales when compared to last year with fewer pending sales and a greater inventory.

Palm City FL 34990 Residential Market Report January 2017

 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 34990 Residential Market Report January 2017

Stuart FL 34997 Residential Market Report January 2017

02.17.17 by

Stuart FL 34997 Residential Market Report January 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2017

 

There are currently 354 active listings (Increased by 20 homes from December).

Stuart FL 34997 Residential Market Report January 2017

169 Residential sales are pending and awaiting close or lender approval (Up by 49 homes from December).

Stuart FL 34997 Residential Market Report January 2017

61 Homes Sold in January (Decreased by 8 homes from December)

Stuart FL 34997 Residential Market Report January 2017

      The Stuart Florida Residential Market for ZIP Code 34997 started the year with a big jump in inventory and a lower number of closed sales.  Pending sales, however, look very strong.
     The absorption rate decreased to 5.8 months (was 4.8 months for December).  Just about back to a balanced market, only a slight sellers’ one for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for January, were: 299 active listings, 156 pending listings, and 88 closed sales.  Higher inventory this year and lower volume of closed sales.  Though, pending sales look strong.
Stuart FL 34997 Residential Market Report January 2017

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

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

Stuart FL 34997 Residential Market Report January 2017

 

Stuart FL 34996 Residential Market Report January 2017

02.15.17 by

Stuart FL 34996 Residential Market Report January 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2017

 

For January 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 180 active listings (Up by 11 homes from December).

Stuart FL 34996 Residential Market Report January 2017

43 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from December).

Stuart FL 34996 Residential Market Report January 2017

10 Homes Sold in January (Decreased by 7 homes from December).

Stuart FL 34996 Residential Market Report January 2017

The 34996 zip code area of the Stuart Florida residential real estate market slowed for the beginning of 2017 with an increase in inventory and a decrease in closed sales.  Pending sales remain strong so we should see improved numbers in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January jumped to 18.0 months as compared to December’s 9.9 months.  Once again a strong buyers’ market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2016 were: 160 active listings, 42 pending sales and 10 closed sales.  Very similar closed and pending sales, though there’s greater inventory for this year.

Stuart FL 34996 Residential Market Report January 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report January 2017

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

02.13.17 by

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2017

For January, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Increased by 22 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

22 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2017

7 Homes Sold in December (Down by 12 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida began 2017 with a drop inactivity along with a big jump in inventory.

The one month absorption rate for the 34994 zip code for January jumped to 10.6 months from 2.7 months for December.  Into a buyers’ market for the first time in quite some time for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2016 numbers were 59 Active Listings, 14 pending sales and 10 closed sales.  A big jump in inventory along with a drop in closed and pending sales from last January.

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Sewalls Point Single Family Market Report January 2017

02.12.17 by

Sewalls Point Single Family Market Report January 2017

Sewalls Point Real Estate Snapshot, Residential Sales for January 2017

There are currently 67 active listings (Up by 5 homes since last month)

Sewalls Point Single Family Market Report January 2017

11 home sales are pending and awaiting close or lender approval (Increased by 1 home from December)

Sewalls Point Single Family Market Report January 2017

4 Homes sold in December (Decreased by 7 homes sales from December)

Sewalls Point Single Family Market Report January 2017

The single family real estate market in Sewalls Point retreated dramatically after a strong December.  Inventory rose while closed sales were way off.

The current absorption rate shot up to 16.8 months, in December it was 5.6 months.  Quite the see-saw ride for the Sewalls Point real estate market going back into a buyers’ market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January 2016, the inventory was 57 homes on the market, 15 pending sales and there were 4 closed sales.  Identical number of closed sales while less pending and greater inventory for this year when compared with last January.

Sewalls Point Single Family Market Report January 2017

 Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report January 2017

 

Hobe Sound FL 33455 Residential Market Report December 2016

01.24.17 by

Hobe Sound FL 33455 Residential Market Report December 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2016

  For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 206 active listings. (Up by 3 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2016

57 Residential sales are pending and awaiting close  (Down by 7 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2016

40 Homes Sold in December (Up by 7 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed improved activity to end the year with increased closed sales and a small increase in inventory.  Pending sales were down for this month as compared to November.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 5.2 months (6.5 months in November).  Once again, a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2015 were:  187 active listings, 61 pending sales and 40 closed sales.  Overall, better activity with increased inventory as well as more pending and closed sales for 2016 when compared to December 2015.

Hobe Sound FL 33455 Residential Market Report December 2016

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 33455 Residential Market Report December 2016

Jensen Beach FL 34957 Residential Market Report December 2016

01.22.17 by

Jensen Beach FL 34957 Residential Market Report December 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2016

 For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 183 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2016

53 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2016

33 Homes Sold (Down by 5 homes sales from November)

Jensen Beach FL 34957 Residential Market Report December 2016

The Jensen Beach FL 34957 Residential Market has eased from last month, thought still an active market.  Inventory was off slightly after two months og gains while both pending and closed sales decreased for December.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.5 months ( was 4.9 months in November).  Still in a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2015 numbers were: 121 active listings, 68 pending sales and 28 home sales closed.  Higher sales volume this year, thoguh with considerably greater inventory.  Pending sales are off as well when compared to last year.
Jensen Beach FL 34957 Residential Market Report December 2016

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

 

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

Jensen Beach FL 34957 Residential Market Report December 2016

Palm City FL 34990 Residential Market Report December 2016

01.20.17 by

Palm City FL 34990 Residential Market Report December 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2016

For December 2016 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 416 active listings (Decreased by 16 homes from November)

Palm City FL 34990 Residential Market Report December 2016

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

Palm City FL 34990 Residential Market Report December 2016

65 Homes Sold in November (Up by 13 homes from November)

Palm City FL 34990 Residential Market Report December 2016

The Palm City FL, zip code 34990 residential real estate market had a drop in inventory after two months of increases.  Closed sales were up strongly for December from last month, while pending sales saw a decline.
The monthly absorption rate decreased to 6.4 months from 8.3 months in November.  Back into a balanced market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2015 numbers were:  375 active listings, 114 pending sales and 60 closed sales.  With higher inventory this year, there are fewer closed sales and a little improved closed sales numbers.

Palm City FL 34990 Residential Market Report December 2016

 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 34990 Residential Market Report December 2016