Sewalls Point Single Family Market Report June 2019

Sewalls Point Single Family Market Report June 2019

Sewalls Point Real Estate Snapshot, Residential Sales for June 2019

There are currently 58 active listings (Up by 5 homes from last month)

Sewalls Point Single Family Market Report June 2019

12 home sales are pending and awaiting close or lender approval (Up by 2 homes from May)

Sewalls Point Single Family Market Report June 2019

7 Homes sold in May (Decreased by 6 homes from May)

Sewalls Point Single Family Market Report June 2019

The single-family real estate market in Sewalls Point had a nice increase in inventory as well as an increase in pending sales.  Closed sales, unfortunately, were off for this month.

The absorption rate jumped up to 8.3 months, in May it was 4.1 months.  Transitioning back into a 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 have an advantage.

Comparing the results to June 2018, the inventory was 46 homes on the market, 10 pending sales and there were 6 closed sales.  Slightly greater activity this year when compared to last year but there are more homes available for sale this year.

Sewalls Point Single Family Market Report June 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 June 2019

 

Hobe Sound FL 33455 Residential Market Report May 2019

Hobe Sound FL 33455 Residential Market Report May 2019

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

  For May 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 225 active listings. (Down by 2 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2019

82 Residential sales are pending and awaiting close  (Down by 8 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2019

87 Homes Sold in May (Up by 40 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had a surprisingly stong month for closed sales and continues to be a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (It was 4.8 months in April).  Now an extreme seller’s market once again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2018 were:  184 active listings, 92 pending sales, and 63 closed sales.  Much stronger closed sales volume this year along with a considerable greater number of Hobe Sound homes available for sale (inventory).

Hobe Sound FL 33455 Residential Market Report May 2019

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Hobe Sound FL 33455 Residential Market Report May 2019

Jensen Beach FL 34957 Residential Market Report May 2019

Jensen Beach FL 34957 Residential Market Report May 2019

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

 For May 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 223 active listings. (Down by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2019

67 Residential sales are pending and awaiting close or lender approval. (Decreased by 14 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

58 Homes Sold (Increased by 6 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

The Jensen Beach FL 34957 Residential Market continues to be an active market with strong sales volume.  Unfortunately, there was a drop in pending sales this month which may have an effect on closed sales for the near future.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.8 months ( was 5.8 months in April).  An even stronger 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 May 2018 numbers were: 159 active listings, 90 pending sales, and 60 home sales closed.  A second consecutive month of better activity last year even though there is a greater number of homes available for sale in Jensen Beach this year.
Jensen Beach FL 34957 Residential Market Report May 2019
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Jensen Beach Florida Real Estate presented by:
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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 May 2019

Palm City FL 34990 Residential Market Report May 2019

Palm City FL 34990 Residential Market Report May 2019

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

For May 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 400 active listings (Up by 11 homes from April)

Palm City FL 34990 Residential Market Report May 2019

132 Residential sales are pending (Down by 34 homes from last month)

Palm City FL 34990 Residential Market Report May 2019

110 Homes Sold in September (Up by 32 homes from April)

Palm City FL 34990 Residential Market Report May 2019

The Palm City FL, zip code 34990 residential real estate market had a very good month for closed sales.  Unfortunately, pending sales were off for this month and the inventory continues to grow.  Palm City remains a very active market.
The monthly absorption rate rose to 3.6 months from 5.0 months in April.  Dropping to even a more extreme seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2018 numbers were:  340 active listings, 176 pending sales, and 106 closed sales.  All in all, considerably better activity last year with a reduced number of homes available to purchase.

Palm City FL 34990 Residential Market Report May 2019

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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 May 2019

Stuart FL 34997 Residential Market Report May 2019

Stuart FL 34997 Residential Market Report May 2019

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

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

There are currently 336 active listings (Increased by 1 home from April).

Stuart FL 34997 Residential Market Report May 2019 

150 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from April). 

Stuart FL 34997 Residential Market Report May 2019 

100 Homes Sold in May (Decreased by 14 homes from April)

Stuart FL 34997 Residential Market Report May 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a decrease in both pending and closed sales numbers from last month.  But, remains an extremely strong segment of the Stuart Florida residential real estate market.
     The absorption rate rose to 3.4 months (was 2.9 months for April).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for May 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for May, were: 259 active listings, 156 pending listings, and 93 closed sales.  There’s slightly better sales volume this year and slightly lower pending sales.  Though, we have a considerably greater inventory of available homes for sale in this segment of the Stuart residential real estate market.
Stuart FL 34997 Residential Market Report May 2019

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Search here for homes for sale in the 34997 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 FL 34997 Residential Market Report May 2019