Stuart FL 34996 Residential Market Report February 2018

03.21.18 by

Stuart FL 34996 Residential Market Report February 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2018

For February 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 130 active listings (Decreased by 16 homes from January).

Stuart FL 34996 Residential Market Report February 2018

56 Residential sales are pending and awaiting close or lender approval (Up by 19 homes from January).

Stuart FL 34996 Residential Market Report February 2018

14 Homes Sold in February (Down by 1 homes from January).

Stuart FL 34996 Residential Market Report February 2018

The 34996 zip code area of the Stuart Florida residential real estate went back to a shrinking inventory after a small increase last month.  There was a good jump in pending sales which should result in better closed activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February decreased slightly to 9.3 months as compared to January’s 9.7 months.  Still a buyer’s 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 February of 2017 were: 166 active listings, 61 pending sales, and 12 closed sales.  Slightly better closed sales numbers for this year on a reduced number of available homes for sale.

Stuart FL 34996 Residential Market Report February 2018

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Stuart FL 34996 Residential Market Report February 2018

Stuart FL 34997 Residential Market Report February 2018

03.19.18 by

Stuart FL 34997 Residential Market Report February 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2018

For February 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 307 active listings (Increased by 15 homes from January).

Stuart FL 34997 Residential Market Report February 2018

155 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from January).

Stuart FL 34997 Residential Market Report February 2018

65 Homes Sold in February (Increased by 7 homes from January)

Stuart FL 34997 Residential Market Report February 2018

      The Stuart Florida Residential Market for ZIP Code 34997 showed improvement in all tracked metrics for this report.  Of note are two months of increased inventory which is good news for the market.
     The absorption rate decreased to 4.7 months (was 5.0 months for January).  Still in a seller’s market for the 34997 zip code area of Stuart for February 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for February, were: 343 active listings, 182 pending listings, and 74 closed sales.  Better activity last February but this was with a greater inventory of available homes for sale.
Stuart FL 34997 Residential Market Report February 2018

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Stuart FL 34997 Residential Market Report February 2018

 

Sewalls Point Single Family Market Report February 2018

03.17.18 by

Sewalls Point Single Family Market Report February 2018

Sewalls Point Real Estate Snapshot, Residential Sales for February 2018

 

There are currently 50 active listings (No change in active listings from last month)

Sewalls Point Single Family Market Report February 2018

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

Sewalls Point Single Family Market Report February 2018

3 Homes sold in June (Decreased by 3 homes sales from January)

Sewalls Point Single Family Market Report February 2018

The single-family real estate market in Sewalls Point had weaker sales results as compared to both last month and last year.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate jumped to 16.7 months, in January was 8.3 months.  Going back towards a stronger buyer’s market for Sewalls Point single-family homes.  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 67 homes on the market, 15 pending sales and there were 5 closed sales.  Better activity last February tough there is a lower number of available homes for sale this year.

Sewalls Point Single Family Market Report February 2018

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Sewalls Point Single Family Market Report February 2018

 

Hobe Sound FL 33455 Residential Market Report January 2018

02.22.18 by

Hobe Sound FL 33455 Residential Market Report January 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2018

  For January 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 193 active listings. (Increased by 4 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

74 Residential sales are pending and awaiting close  (Up by 12 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

37 Homes Sold in January (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2018

The Hobe Sound Florida Market Report ZIP Code 33455 showed some strong activity to begin the year with increases in both pending and closed sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.2 months ( It was 7.9 months in December).  Back into a sellers market after one month of being in 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 2017 were:  232 active listings, 78 pending sales, and 27 closed sales.  A greater number of closed sales on less inventory this year as compared to January of 2017.

Hobe Sound FL 33455 Residential Market Report January 2018

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Hobe Sound FL 33455 Residential Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

02.20.18 by

Jensen Beach FL 34957 Residential Market Report January 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2018

 For January 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 193 active listings. (Up by 26 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2018

69 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2018

24 Homes Sold (Unchanged from December)

Jensen Beach FL 34957 Residential Market Report January 2018

The Jensen Beach FL 34957 Residential Market increased in inventory for January as well as a good jump in pending sales while closed sales remained unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.0 months ( was 7.0 months in December).  Into a buyer’s market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2017 numbers were: 198 active listings, 72 pending sales, and 34 home sales closed.  Considerably stronger activity last January.
Jensen Beach FL 34957 Residential Market Report January 2018
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Jensen Beach FL 34957 Residential Market Report January 2018

Palm City FL 34990 Residential Market Report January 2018

02.16.18 by

Palm City FL 34990 Residential Market Report January 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for January 2018

For January 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 416 active listings (Increased by 35 homes from December)

Palm City FL 34990 Residential Market Report January 2018

113 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from last month)

Palm City FL 34990 Residential Market Report January 2018

48 Homes Sold in December (Down by 18 home from December)

Palm City FL 34990 Residential Market Report January 2018

The Palm City FL, zip code 34990 residential real estate market showed a large drop in closed sales to start the year.  But both inventory, as well as pending sales, rose which should result in more sales in the coming months.
The monthly absorption rate jumped up to 8.7 months from 5.8 months in December.  Into a buyer’s market for the Palm City zip code 34990 area for residential sales for the first time in a while.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2017 numbers were:  421 active listings, 125 pending sales, and 52 closed sales.  Slightly better activity last year, but not by much.

Palm City FL 34990 Residential Market Report January 2018

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Palm City FL 34990 Residential Market Report January 2018

Stuart FL 34997 Residential Market Report January 2018

02.14.18 by

Stuart FL 34997 Residential Market Report January 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2018

For January 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 292 active listings (Increased by 12 homes from December).

Stuart FL 34997 Residential Market Report January 2018

144 Residential sales are pending and awaiting close or lender approval (Increased by 13 homes from December).

Stuart FL 34997 Residential Market Report January 2018

58 Homes Sold in January (Decreased by 23 homes from December)

Stuart FL 34997 Residential Market Report January 2018

      The Stuart Florida Residential Market for ZIP Code 34997 had a fairly large drop in closed sales but this is still one of the most active markets in Martin County residential real estate.
     The absorption rate jumped up to 5.0 months (was 3.4 months for December).  Still in a seller’s market for the 34997 zip code area of Stuart for January 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2017 numbers for January, were: 354 active listings, 169 pending listings, and 61 closed sales.  Somewhat stronger volume last year but this was with a considerably larger inventory of homes for sale.
Stuart FL 34997 Residential Market Report January 2018

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Stuart FL 34997 Residential Market Report January 2018

 

Stuart FL 34996 Residential Market Report January 2018

02.12.18 by

Stuart FL 34996 Residential Market Report January 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2018

For January 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 146 active listings (Increased by 5 homes from December).

Stuart FL 34996 Residential Market Report January 2018

37 Residential sales are pending and awaiting close or lender approval (Unchanged from December).

Stuart FL 34996 Residential Market Report January 2018

15 Homes Sold in January (Up by 1 homes from December).

Stuart FL 34996 Residential Market Report January 2018

The 34996 zip code area of the Stuart Florida residential real estate showed a small increase in inventory and slightly better-closed sales.  There’s a good number of pending sales which will hopefully translate to higher closed volume in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for January decreased slightly to 9.7 months as compared to December’s 10.1 months.  Still a buyer’s 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 2017 were: 180 active listings, 43 pending sales, and 10 closed sales.  Considerably lower inventory this year but better sales volume and slightly lower pending volume.

Stuart FL 34996 Residential Market Report January 2018

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Stuart FL 34996 Residential Market Report January 2018

Stuart Florida 34994 Residential Market Report January 2018

02.08.18 by

Stuart Florida 34994 Residential Market Report January 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2018

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

There are currently 86 active listings (Down by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

38 Residential sales are pending and awaiting close or lender approval (Increased by 17 homes from last month).

Stuart Florida 34994 Residential Market Report January 2018

11 Homes Sold in December (Decreased by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to gain inventory while sales are not keeping up with this increased volume of available homes for sale.  I expect this to abate as we have a strong volume of pending sales.

The one-month absorption rate for the 34994 zip code for December rose to 7.8 months from 6.4 months for December.  Entering into a buyer’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 have an advantage.

The January 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Considerably stronger activity this January with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report January 2018

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report January 2018

Sewalls Point Single Family Market Report January 2018

02.07.18 by

Sewalls Point Single Family Market Report January 2018

Sewalls Point Real Estate Snapshot, Residential Sales for January 2018

 

There are currently 50 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report Januar

10 home sales are pending and awaiting close or lender approval (Decreased by 3 homes from December)

Sewalls Point Single Family Market Report Januar

6 Homes sold in June (Increased by 3 homes sales from December)

Sewalls Point Single Family Market Report Januar

The single-family real estate market in Sewalls Point rebounded some from a weak December.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate dropped to 8.3 months, in December was 15.3 months.  Still, a buyer’s market for Sewalls Point single-family homes, though trending in the right direction.  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 December 2016, the inventory was 67 homes on the market, 11 pending sales and there were 4 closed sales.  Better activity this year even though there’s less inventory.

Sewalls Point Single Family Market Report Januar

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Sewalls Point Single Family Market Report January 2018

 

Hobe Sound FL 33455 Residential Market Report December 2017

01.24.18 by

Hobe Sound FL 33455 Residential Market Report December 2017

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

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

There are currently 189 active listings. (Decreased by 6 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

62 Residential sales are pending and awaiting close  (Up by 10 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

24 Homes Sold in December (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice jump in pending sales, though closed sales were off from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 7.9 months ( It was 6.1 months in November).  Back into a seller’s market after one month of a balanced 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 2016 were:  206 active listings, 57 pending sales, and 40 closed sales.  Considerably stronger closed sales in December 2016 than last month on greater inventory.

Hobe Sound FL 33455 Residential Market Report December 2017

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Hobe Sound FL 33455 Residential Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

01.22.18 by

Jensen Beach FL 34957 Residential Market Report December 2017

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

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

 There are currently 167 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2017

52 Residential sales are pending and awaiting close or lender approval. (Up by 1 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

24 Homes Sold (Down by 4 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

The Jensen Beach FL 34957 Residential Market had slightly less activity for the end of 2017 than there was in November.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.0 months ( was 5.7 months in November).  Going into a slight buyers market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2016 numbers were: 183 active listings, 53 pending sales, and 33 home sales closed.  Not as good a market in Jensen Beach to close out 2017 as it was in 2016.
Jensen Beach FL 34957 Residential Market Report December 2017
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Jensen Beach FL 34957 Residential Market Report December 2017

Palm City FL 34990 Residential Market Report December 2017

01.18.18 by

Palm City FL 34990 Residential Market Report December 2017

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

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

 There are currently 381 active listings (Increased by 15 homes from November)

Palm City FL 34990 Residential Market Report December 2017

96 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from last month)

Palm City FL 34990 Residential Market Report December 2017

66 Homes Sold in November (Up by 2 home from November)

Palm City FL 34990 Residential Market Report December 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in closed sales when compared to last month.  Inventory was up while pending sales were down.
The monthly absorption rate inched up to 5.8 months from 5.7 months in November.  Still a seller’s market for the Palm City zip code 34990 area for residential sales but inching closer to 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 December 2016 numbers were:  414 active listings, 92 pending sales, and 65 closed sales.  Very similar activity when compared to last year though with s maller number of available homes for sale in 2017.

Palm City FL 34990 Residential Market Report December 2017

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Palm City FL 34990 Residential Market Report December 2017

Lake Tuscany January 2018 Market Report

01.18.18 by

Lake Tuscany January 2018 Market Report

As of January 2018, there are 3  homes available for sale in Lake Tuscany in Stuart FLwith listing prices from $399,500 up to $488,950 for an average list price of $437,813 which is aa average price per square foot of living area of $155.93.

There are no homes currently under contract.

In the past 12 months, 5 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $468,500 for an average sales price of $414,100 which equals $116.76 per sq. ft. of living area.  These homes took an average of 141 days on market to go under contract and sold at 96% of list price.

About Lake Tuscany:

Lake Tuscany real estate Stuart FL

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

 Lake Tuscany real estate Stuart FL

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For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL January 2018 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany January 2018 Market Report

 

Stuart FL 34997 Residential Market Report December 2017

01.16.18 by

Stuart FL 34997 Residential Market Report December 2017

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

For December 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 275 active listings (Decreased by 10 homes from November).

Stuart FL 34997 Residential Market Report December 2017

121 Residential sales are pending and awaiting close or lender approval (Decreased by 17 homes from November).

Stuart FL 34997 Residential Market Report December 2017

81 Homes Sold in December (Increased by 11 homes from November)

Stuart FL 34997 Residential Market Report December 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues as one of the most active segments of the Martin County Florida real estate market.
     The absorption rate inched down to 3.4 months (was 4.1 months for November).  Becoming a very extreme seller’s market for the 34997 zip code area of Stuart for December 2017.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for December, were: 334 active listings, 120 pending listings, and 69 closed sales.  A much stroger market for sales this year on a smaller number of available homes for sale (inventory).
Stuart FL 34997 Residential Market Report December 2017

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Stuart FL 34997 Residential Market Report December 2017

 

Stuart FL 34996 Residential Market Report December 2017

01.12.18 by

Stuart FL 34996 Residential Market Report December 2017

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

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

There are currently 141 active listings (Decreased by 2 homes from November).

Stuart FL 34996 Residential Market Report December 2017

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

Stuart FL 34996 Residential Market Report December 2017

14 Homes Sold in December (Decreased by 5 homes from November).

Stuart FL 34996 Residential Market Report December 2017

The 34996 zip code area of the Stuart Florida residential real estate had reduced closed sales for the end of the year but also a nice increase in pending sales on a steady inventory.  This is a good sign for the immmediate future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December rose to 10.1 months as compared to November’s 7.5 months.  Still a buyer’s 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 December of 2016 were: 169 active listings, 31 pending sales, and 17 closed sales.  Slightly better sales last year but also with a greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report December 2017

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Stuart FL 34996 Residential Market Report December 2017

Sewalls Point Single Family Market Report December 2017

01.09.18 by

Sewalls Point Single Family Market Report December 2017

Sewalls Point Real Estate Snapshot, Residential Sales for December 2017

 

There are currently 46 active listings (Down by 1 homes from last month)

Sewalls Point Single Family Market Report December 2017

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

Sewalls Point Single Family Market Report December 2017

3 Homes sold in June (Decreased by 7 homes sales from November)

Sewalls Point Single Family Market Report December 2017

The single-family real estate market in Sewalls Point had a weak month for closed sales, but did show an increase inpending sales.  The inventory of available homes is now down to historically low numbers.

The absorption rate jumped to 15.3 months, in November was 4.7 months.  Back into a buyer’s market for Sewalls Point single family homes after only a single month in a seller’s 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 December 2016, the inventory was 62 homes on the market, 10 pending sales and there were 11 closed sales.  Better sales activity last year on a significantly greater invenotry.

Sewalls Point Single Family Market Report December 2017

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Sewalls Point Single Family Market Report December 2017

 

Hobe Sound FL 33455 Residential Market Report November 2017

12.26.17 by

Hobe Sound FL 33455 Residential Market Report November 2017

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

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

There are currently 195 active listings. (Decreased by 17 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2017

52 Residential sales are pending and awaiting close  (Up by 3 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2017

32 Homes Sold in November (Up by 3 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed improvement over last month with an increase in both pending and closed sales activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.1 months ( It was 7.3 months in October).  Back into a balanced market after one month of a buyer’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 November 2016 were:  204 active listings, 64 pending sales, and 31 closed sales.  Slightly better closed activity but weaker pending sales as compared to last year.

Hobe Sound FL 33455 Residential Market Report November 2017

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Hobe Sound FL 33455 Residential Market Report November 2017

Jensen Beach FL 34957 Residential Market Report November 2017

12.22.17 by

Jensen Beach FL 34957 Residential Market Report November 2017

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

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

 There are currently 160 active listings. (Up by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2017

51 Residential sales are pending and awaiting close or lender approval. (Down by 1 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2017

28 Homes Sold (Down by 11 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2017

The Jensen Beach FL 34957 Residential Market showed some slower activity this month as compared to October.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.7 months ( was 3.7 months in October).  Coming close to a balanced market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2016 numbers were: 187 active listings, 61 pending sales, and 38 home sales closed.  Considerably better sales and pending volume last year.
Jensen Beach FL 34957 Residential Market Report November 2017
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Jensen Beach FL 34957 Residential Market Report November 2017

Palm City FL 34990 Residential Market Report November 2017

12.20.17 by

Palm City FL 34990 Residential Market Report November 2017

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

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

 There are currently 366 active listings (Increased by 19 homes from September)

Palm City FL 34990 Residential Market Report November 2017

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

Palm City FL 34990 Residential Market Report November 2017

64 Homes Sold in September (Down by 2 home from September)

Palm City FL 34990 Residential Market Report November 2017

The Palm City FL, zip code 34990 residential real estate market remains active though activity for November was generally slower than last month.
The monthly absorption rate rose to 5.7 months from 5.3 months in September.  Still a seller’s market for the Palm City zip code 34990 area for residential sales but inching closer to 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 November 2016 numbers were:  430 active listings, 101 pending sales, and 52 closed sales.  Slightly better closed sales volume for this year on a smaller number of available homes for sale.

Palm City FL 34990 Residential Market Report November 2017

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Palm City FL 34990 Residential Market Report November 2017