Jensen Beach FL 34957 Residential Market Report August 2019

Jensen Beach FL 34957 Residential Market Report August 2019

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

 There are currently 197 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2019

54 Residential sales are pending and awaiting close or lender approval. (Decreased by 27 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

43 Homes Sold (Up by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

The Jensen Beach FL 34957 Residential Market had a big drop in pending sales for the month while maintaining a good volume of closed sales.  This market segment remains quite active and is a strong market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.6 months ( was 4.5 months in July).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2018 numbers were: 162 active listings, 70 pending sales, and 45 home sales closed.  There was considerably better-pending sales activity last year while closed sales are almost the same on a greater inventory of available homes for sale.
Jensen Beach FL 34957 Residential Market Report August 2019
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Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

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 August 2019

Stuart FL 34996 Residential Market Report August 2019

Stuart FL 34996 Residential Market Report August 2019

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

There are currently 130 active listings (Decreased by 8 homes from July).

Stuart FL 34996 Condo Market Report August 2019 

25 Residential sales are pending and awaiting close (Up by 2 homes from July).

Stuart FL 34996 Condo Market Report August 2019

16 Homes Sold in August (Down by 4 homes from July).

Stuart FL 34996 Condo Market Report August 2019

The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’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 August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

Stuart FL 34996 Condo Market Report August 2019

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Gabe Sanders – Stuart Florida Real Estate

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 August 2019

Palm City FL 34990 Residential Market Report August 2019

Palm City FL 34990 Residential Market Report August 2019

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

 There are currently 336 active listings (Down by 12 homes from July)

Palm City FL 34990 Residential Market Report August 2019

140 Residential sales are pending (Down by 14 homes from last month)

Palm City FL 34990 Residential Market Report August 2019

89 Homes Sold in September (Up by 26 homes from July)

Palm City FL 34990 Residential Market Report August 2019

The Palm City FL, zip code 34990 residential real estate market continues with very strong market activity.  We had a sizeable increase in sales this month and the pending sales also remain very strong.
The monthly absorption rate dropped to 3.8 months from 5.5 months in July.  Becoming an even stronger 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 August 2018 numbers were:  361 active listings, 100 pending sales, and 96 closed sales.  With a lower number of available homes for sale this year, sales are pretty comparable and pending sales are much stronger than last year.

Palm City FL 34990 Residential Market Report August 2019

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

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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

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 August 2019

Stuart Florida 34994 Residential Market Report August 2019

Stuart Florida 34994 Residential Market Report August 2019

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

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

There are currently 87 active listings (Down by 2 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

38 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from last month).

Stuart Florida 34994 Residential Market Report August 2019

4 Homes Sold in August (Decreased by 12 homes from July)

Stuart Florida 34994 Residential Market Report August 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a pretty dramatic drop in closed sales for the month while also having a large increase in pending sales.  This is most likely a result of a number of delayed closings due to the hurricane.

The one-month absorption rate for the 34994 zip code for August jumped to 21.8 months from 5.6 months for July.  Transitioning into an extreme buyer’s market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2018 numbers were 71 Active Listings, 28 pending sales, and 15 closed sales.  We have a larger inventory of available homes for sale in this segment of the market.  pending sales are considerably stronger this year while closed sales were weaker.

Stuart Florida 34994 Residential Market Report August 2019

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

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

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 August 2019

Sewalls Point Single Family Market Report August 2019

Sewalls Point Single Family Market Report August 2019

Sewalls Point Real Estate Snapshot, Residential Sales for August 2019

There are currently 42 active listings (No changes from last month)

Sewalls Point Single Family Market Report August 2019

6 home sales are pending and awaiting close or lender approval (Down by 9 homes from July)

Sewalls Point Single Family Market Report August 2019

10 Homes sold in July (Increased by 2 homes from July)

Sewalls Point Single Family Market Report August 2019

The single-family real estate market in Sewalls Point is continuing with stronger activity than in recent years.  Pending sales were quite weak this month and this may be a result of the hurricane scare that we had during the latter half of the month.

The absorption rate dropped to 4.2 months, in July it was 5.3 months.  Remaining in a seller’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 have an advantage.

Comparing the results to August 2018, the inventory was 52 homes on the market, 12 pending sales and there were 3 closed sales.  Considerably better sold numbers on a reduced number of available homes for sale this year.  Pending sales, however, are off for this year.

Sewalls Point Single Family Market Report August 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

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 August 2019