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

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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

Stuart Florida 34994 Residential Market Report October 2019

Stuart Florida 34994 Residential Market Report October 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2019

For September 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 75 active listings (Down by 15 homes from September)

Stuart Florida 34994 Residential Market Report October 2019

37 Residential sales are pending and awaiting close or lender approval (Increased by 8 homes from last month).

Stuart Florida 34994 Residential Market Report October 2019

16 Homes Sold in October (Increased by 4 homes from September)

Stuart Florida 34994 Residential Market Report October 2019

The residential real estate market for the 34994 ZIP code area of Stuart, Florida showed strong results for October with both pending and closed sales increasing.

The one-month absorption rate for the 34994 zip code for October plunged to 4.7 months from 7.7 months for September.  Back, once again, into a seller’s 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 has an advantage.

The October 2018 numbers were 85 Active Listings, 18 pending sales, and 15 closed sales.  Considerably better activity this year.  Especially when factoring in the lower inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report October 2019

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

Search here for homes for sale in the 34994 zip code area of Stuart FL

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

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

Click here for previous Stuart Florida 34994 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 Florida 34994 Residential Real Estate Market Report October 2019

Sewalls Point Single Family Market Report October 2019

Sewalls Point Single Family Market Report October 2019

Sewalls Point Real Estate Snapshot, Residential Sales for October 2019

There are currently 37 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report October 2019

14 home sales are pending and awaiting close or lender approval (Up by 6 homes from September)

Sewalls Point Single Family Market Report October 2019

2 Homes sold in September (Decreased by 3 homes from September)

Sewalls Point Single Family Market Report October 2019

The single-family real estate market in Sewalls Point had another decrease in closed sales for October.  Pending sales though are looking strong which should result in better-closed sales in the coming months..  The available inventory of homes for sale has now shrunk to pretty small numbers.

The absorption rate jumped up to 18.5 months, in September it was 8.0 months.  A strong buyer’s market for the Sewalls Point single-family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer has an advantage.

Comparing the results to October 2018, the inventory was 57 homes on the market, 6 pending sales and there were 7 closed sales.  There was considerable greater sales activity last year on a much larger inventory of available homes for sale.  Pending sales, on the other hand, are stronger this year.

Sewalls Point Single Family Market Report October 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Sewalls Point market reports.

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

Sewalls Point Single Family Market Report October 2019

 

Legacy Cove Stuart FL November 2019 Market Report

Legacy Cove Stuart FL November 2019 Market Report

There are currently 5 homes available for sale in Legacy Cove in Stuart, FL.  List prices range from $399,900 up to $635,000.  This is an average list price of $496,580 which works out to $169.70 per sq. ft. of living area.

There are 2 Legacy Cove homes currently under contract awaiting settlement.  They were listed for $445,000 and $555,000.  For an average list price of $500,000 or $192.86 per sq. ft. of living area.  These homes were on the market for an average of 36 days before going under contract.

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $332,500 up to $545,000. This is an average sales price of $413,300 which works out to $181.84 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 76 days after going on the market.

Click here to view the previous Legacy Cove market reports

About Legacy Cove in Stuart FL:

Legacy Cove in Stuart FL

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

Legacy Cove in Stuart FL

There’s a wide variety of homes in Legacy Cove, ranging from the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two-story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove in Stuart FL

Legacy Cove boasts a community pool and clubhouse with a fitness center as well as two hard-surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove in Stuart FL

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school, and Martin County high school.

Legacy Cove in Stuart FL

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

Residents of Legacy Cove in Stuart FL enjoy a relaxing lifestyle with easy access to restaurants, shopping, and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

Legacy Cove in Stuart FL

For any questions you November have about Legacy Cove Stuart FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Legacy Cove Stuart FL November 2019 Market Report

 

Hobe Sound FL 33455 Residential Market Report September 2019

Hobe Sound FL 33455 Residential Market Report September 2019

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

There are currently 178 active listings. (Down by 12 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2019

72 Residential sales are pending and awaiting close  (Up by 5 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2019

40 Homes Sold in September (Down by 7 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2019

The Hobe Sound Florida Market Report ZIP Code 33455 closed sales were off for this month while pending sales were up when compared to August.  This market remains quite active.

The current absorption rate for the Hobe Sound residential market dropped to 4.5 months (It was 4.0 months in August).  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 September 2018 were: 168 active listings, 56 pending sales, and 48 closed sales.  There was a greater volume of sales last year in this very active segment of the Martin County real estate market.

Hobe Sound FL 33455 Residential Market Report September 2019

Click here to view the previous Hobe Sound condo market reports

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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 September 2019