Stuart Florida 34994 Residential Market Report May 2019

Stuart Florida 34994 Residential Market Report May 2019

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

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

There are currently 77 active listings (Down by 14 home from April)

Stuart Florida 34994 Residential Market Report May 2019

46 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from last month).

Stuart Florida 34994 Residential Market Report May 2019

20 Homes Sold in May (Increased by 3 homes from April)

Stuart Florida 34994 Residential Market Report May 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed exceptionally strong activity for May and this area of Stuart could benefit from an increased number of homes available for sale.

The one-month absorption rate for the 34994 zip code for April plunged to 3.9 months from 5.4 months for April.  Dropping down into a pretty extreme seller’s market t 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 May 2018 numbers were 67 Active Listings, 35 pending sales, and 23 closed sales.  Slightly lower closed sales volume this year but a much greater number of pending sales (on higher inventory).  This is a good sign for the near future.

Stuart Florida 34994 Residential Market Report May 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

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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 May 2019

Sewalls Point Single Family Market Report May 2019

Sewalls Point Single Family Market Report May 2019

Sewalls Point Real Estate Snapshot, Residential Sales for May 2019

There are currently 53 active listings (Down by 8 homes from last month)

Sewalls Point Single Family Market Report May 2019

10 home sales are pending and awaiting close or lender approval (Down by 7 home from April)

Sewalls Point Single Family Market Report May 2019

13 Homes sold in April (Decreased by 1 home from April)

Sewalls Point Single Family Market Report May 2019

The single-family real estate market in Sewalls Point continues with strong sales activity.  The inventory has now dropped to lower than the desirable number of homes on the market.  This may negatively impact sales numbers in the near future.

The absorption rate dropped to 4.1 months, in April it was 4.4 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 May 2018, the inventory was 51 homes on the market, 12 pending sales and there were 7 closed sales.  Pretty similar results when compared to last year.  Slightly higher closed sales this year while pending sales were a bit better last year.

Sewalls Point Single Family Market Report May 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 May 2019

 

Hobe Sound FL 33455 Residential Market Report April 2019

Hobe Sound FL 33455 Residential Market Report April 2019

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

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

There are currently 227 active listings. (Down by 9 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2019

90 Residential sales are pending and awaiting close  (Down by 3 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2019

47 Homes Sold in April (Up by 12 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2019

The Hobe Sound Florida Market Report ZIP Code 33455 did very well with an increase in the number of closed sales.  The inventory and pending sales were both off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (It was 6.7 months in March).  Transitioning back into a seller’s market after two months in a balanced one.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2018 were:  185 active listings, 101 pending sales, and 52 closed sales.  There was a greater volume of both closed and pending sales last year even with a reduced number of homes for sale.

Hobe Sound FL 33455 Residential Market Report April 2019

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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

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 April 2019

Stuart FL 34997 Residential Market Report April 2019

Stuart FL 34997 Residential Market Report April 2019

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

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

There are currently 335 active listings (Decreased by 4 homes from March).

Stuart FL 34997 Residential Market Report April 2019 

174 Residential sales are pending and awaiting close or lender approval (Down by 23 homes from March). 

Stuart FL 34997 Residential Market Report April 2019 

114 Homes Sold in April (Increased by 25 homes from March)

Stuart FL 34997 Residential Market Report April 2019

      The Stuart Florida Residential Market for ZIP Code 34997 continues to be the most active segment of the various segments of the Martin County real estate market that I follow.
     The absorption rate dropped further to 2.9 months (was 3.8 months for March).  Now an even more extreme seller’s market for the 34997 zip code area of Stuart for April 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 April, were: 276 active listings, 166 pending listings, and 84 closed sales.  There’s a greater number of homes for sale (inventory) in this area of Stuart and both sales and pending sales have improved over last year.
Stuart FL 34997 Residential Market Report April 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 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

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 April 2019

Jensen Beach FL 34957 Residential Market Report April 2019

Jensen Beach FL 34957 Residential Market Report April 2019

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

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

 There are currently 226 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2019

81 Residential sales are pending and awaiting close or lender approval. (Decreased by 11 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2019

52 Homes Sold (Increased by 12 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2019

The Jensen Beach FL 34957 Residential Market had a nice increase in closed sales for the month while pending sales were off.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.8 months ( was 8.7 months in March).  Back into a seller’s market for Jensen Beach homes.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2018 numbers were: 169 active listings, 102 pending sales, and 59 home sales closed.  Considerably 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 April 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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 April 2019