Stuart FL 34996 Residential Market Report May 2015

06.13.15 by

Stuart FL 34996 Residential Market Report May 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2015

 

For May 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 147 active listings (Down by 26 homes from April).

Stuart FL 34996 Residential Market Report May 2015

34 Residential sales are pending and awaiting close or lender approval (Up by 5 homes from April).

Stuart FL 34996 Residential Market Report May 2015

16 Homes Sold in May (Decreased by 2 homes from April).

Stuart FL 34996 Residential Market Report May 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to show some weakness.  A surprisingly large drop in inventory will not help for future sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May decreased slightly to 9.2 months as compared to April’s 9.6 months.  Drifting in a better direction, though with lots of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for May of 2014 were: 187 active listings, 48 pending sales and 20 closed sales.  Considerably better activity last year.  (It should be noted that this zip code includes the Sewalls Point area, and should the Sewalls Point activity be excluded from this report, it would look much better.)

Stuart FL 34996 Residential Market Report May 2015

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report May 2015

Stuart FL 34994 Condo Market Report May 2015

06.12.15 by

Stuart FL 34994 Condo Market Report May 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for May 2015

For May 2015 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 91 active condo listings (Decreased by 2 condos from April).

Stuart FL 34994 Condo Market Report May 2015

38 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condo from last month) 

Stuart FL 34994 Condo Market Report May 2015

19 Condos Sold in May (Unchanged from April).

Stuart FL 34994 Condo Market Report May 2015

The Stuart FL 34994 Condo market showed strong activity for May 2015.  Slightly less inventory and pending sales for May, while closed sales remained unchanged for the third month in a row.

The one month absorption rate decreased to 4.8 months compared to last month’s 4.9.  Continuing as a seller’s market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last May the numbers were 111 active listings, 50 pending sales, and 27 closed sales. For the 34994 zip code area of Stuart there was considerably greater activity last year.

Stuart FL 34994 Condo Market Report May 2015

Search for Stuart FL Condos by Price Below:

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

Stuart Florida Market Report ZIP Code 34994 – Condo, May 2015

Sewalls Point Single Family Market Report May 2015

06.10.15 by

Sewalls Point Single Family Market Report May 2015

Sewalls Point Real Estate Snapshot, Residential Sales for May 2015

 

There are currently 69 active listings (Decreased by 10 homes since last month)

Sewalls Point Single Family Market Report May 2015

12 home sales are pending and awaiting close or lender approval (Up by 1 homes from April)

Sewalls Point Single Family Market Report May 2015

3 Homes sold in May (Decreased by 3 homes from April)

Sewalls Point Single Family Market Report May 2015

The Sewalls Point single family homes market continues to face slow sales activity even as the surrounding areas are seeing some very strong growth.  The inventory declined for the month and there are some good pending numbers, but closed sales were off for May.

The current absorption rate increased to 23 months, in April it was 13.2 months. Lots of room for improvement.  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 of 2014, the inventory was 58 homes on the market, 14 pending sales and there were 5 closed sales.  Better activity for Sewalls Point last year.

Sewalls Point Single Family Market Report May 2015

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report May 2015

 

Hobe Sound FL 33455 Condo Market Report April 2015

05.25.15 by

Hobe Sound FL 33455 Condo Market Report April 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2015

 

For April 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 10 active condo listings. (Up by 2 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2015

2 Condo sale is pending and awaiting close. (Down by 7 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2015

5 Condos sold in March (Increased by 1 condo from March)

Hobe Sound FL 33455 Condo Market Report April 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  As we deplete the pending inventory with closed sales, this will continue to be a difficult segment of the Martin County condo market until we get more inventory of available condos.

The current absorption rate is 2 months (Last month it was 2 months also). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that April not indicate a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The April 2014 numbers were: 21 active listings, 6 pending sales and 5 closed sales.  Similar closed sales activity to last year, but with less than half the available inventory, pending sales are down and I expect to see much reduced activity in the coming months without an increase in inventory.

Hobe Sound FL 33455 Condo Market Report April 2015

Search Hobe Sound Condominium Properties by Price

 

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report April 2015

 

Hobe Sound FL 33455 Residential Market Report April 2015

05.24.15 by

Hobe Sound FL 33455 Residential Market Report April 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2015

  For April 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 44 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2015

133 Residential sales are pending and awaiting close  (Up by 13 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2015

68 Homes Sold in April (Up by 14 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had an exceptionally strong April in closed and pending sales.  Unfortunately the active inventory is now down to almost unheard of low levels that will effect future sales with the lack of homes for sale for buyers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (4.3 months in March).  Now a pretty extreme seller’s market for the Hobe Sound area of Martin County.  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 2014 were:  228 active listings, 88 pending sales and 42 closed sales.   Last April was a good month for Hobe Sound, but this year was even stronger.

Hobe Sound FL 33455 Residential Market Report April 2015

Search here for Hobe Sound Florida Real Estate for Sale

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

 

Hobe Sound FL 33455 Residential Market Report April 2015

Jensen Beach FL 34957 Condo Market Report April 2015

05.23.15 by

Jensen Beach FL 34957 Condo Market Report April 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2015

 

For April 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 28 active listings. (Decreased by 2 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2015

16 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2015

11 Condos Sold (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2015

 The Jensen Beach FL 34957 Condo Market Report April 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.   Closed sales were up for the month while both pending sales and active listings declined.  The current inventory is so low that future sales will be impacted unless more condos come on the market.

The one month absorption rate for the April 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to2.5  months (from 6 months in March), once again a strong sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2014 numbers were: 29 active listings, 9 pending sales and 9 condos closed.  A better month as compared to last year.

Jensen Beach FL 34957 Condo Market Report April 2015

Jensen Beach Condominium Properties by Price


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach FL 34957 Condo Market Report April 2015

Jensen Beach FL 34957 Residential Market Report April 2015

05.22.15 by

Jensen Beach FL 34957 Residential Market Report April 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2015

 For April 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 145 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2015

88Residential sales are pending and awaiting close or lender approval. (Up by 3 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2015

48 Homes Sold (Increased by 19 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2015

The Jensen Beach FL 34957 Residential Market had an exceptionally strong April for closed sale.  Pending sales also continue to look good.  Also, a good sign that the available inventory did not decrease and actually rose by a marginal amount.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.0 months (was 4.9 months in March).  An extreme sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2014 numbers were: 135 active listings, 80 pending sales and 40 home sales closed.   Improved activity from a very strong April of 2014.  We are now seeing some bidding wars for well placed and attractive Jensen beach homes.
Jensen Beach FL 34957 Residential Market Report April 2015

Search here for Jensen Beach Real Estate for Sale

Rental Properties

Residential Properties

All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach FL 34957 Residential Market Report April 2015

Palm City FL 34990 Condo Market Report April 2015

05.21.15 by

Palm City FL 34990 Condo Market Report April 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for April 2015

 

For April 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 55 active condo listings. (Up by 7 condos from March)

Palm City FL 34990 Condo Market Report April 2015

11 Condo sales are pending and awaiting close or lender approval. (Decreased by 4 condos from last month)

Palm City FL 34990 Condo Market Report April 2015

7 Condos Sold in April. (Up by 1 condos from March)

Palm City FL 34990 Condo Market Report April 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Pending sales were off from last month while we had one additional closed sale for April.  There was an increase in inventory which is a good sign for the future.

The current absorption rate for condos in the 34990 zip code area declined to 7.9 months (was 8 months in August).   A marginal improvement from last month, and getting closer to a desirable balanced market.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The April 2014 numbers were: 53 active listings, 8 pending sales and 7 closed sales.   Except for some better pending sales, almost identical activity to last year.
 Palm City FL 34990 Condo Market Report April 2015

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report April 2015

Palm City FL 34990 Residential Market Report April 2015

05.20.15 by

Palm City FL 34990 Residential Market Report April 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2015

 

For April 2015 in the 34990 Zip Code area of Palm City Florida :


There are currently 381 active listings (Decreased by 54 homes from March)

Palm City FL 34990 Residential Market Report April 2015

  217 Residential sales are pending and awaiting close or lender approval. (Increased by 29 homes from last month)

Palm City FL 34990 Residential Market Report April 2015

73 Homes Sold in March (Increased by 5 sold homes from March)

Palm City FL 34990 Residential Market Report April 2015

The Palm City FL 34990 residential real estate market was very strong for April.  Both closed and pending sales were up from previous months.  Unfortunately the active inventory continues to declines which may impact the future sales for this area.
 The current absorption rate dropped to 5.2 months from 6.4 months in March.  A sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2014 numbers were:  446 active listings, 166 pending sales and 82 closed sales.  It was also a strong sales market for last year, but pending sales look much better for this year.  The reduced inventory is troubling.

Palm City FL 34990 Residential Market Report April 2015

 Search here for Palm City Florida Real Estate for Sale

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

 

Palm City FL 34990 Residential Market Report April 2015

Stuart FL 34997 Condo Market Report April 2015

05.19.15 by

Stuart FL 34997 Condo Market Report April 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2015

 

For April 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 43 active condo listings (Unchanged from March).

1 active

30 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from March).

2 pending

18 Condos Sold in April (Increased by 3 condos from March).

Stuart FL 34997 Condo Market Report April 2015

The Stuart FL condo market for zip code 34997 continues to be red hot.   The biggest issue is that we are down to a very small inventory of available condos.  Those that do come on the market sell quickly as you can see from the absorption rate below.
The one month absorption rate is now a very striking 2.4 months after last months amazing 2.9 month rate.  Continuing as an extreme seller’s market.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The April 2014 numbers were: 83 active listings, 39 pending sales and 25 closed sales.   We are down to approximately half of last year’s inventory, yet pending and closed sales remain quite strong.

Stuart FL 34997 Condo Market Report April 2015

Search for Stuart Condos for Sale by Price:

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2015

 

 

Stuart FL 34997 Residential Market Report April 2015

05.18.15 by

Stuart FL 34997 Residential Market Report April 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2015

 

There are currently 315 active listings (Decreased by 46 homes from March).

Stuart FL 34997 Residential Market Report April 2015

223 Residential sales are pending and awaiting close or lender approval (Increased by 12 homes from March).

Stuart FL 34997 Residential Market Report April 2015

98 Homes Sold in April (Increased by 11 homes from March)

Stuart FL 34997 Residential Market Report April 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory took a major drop as sales are going faster than homeowners are willing to list on the market.  Both pending sales and closed sales were up and well priced new listings are going off the market very quickly.
     The current one month absorption rate increased to 3.2  months (was 4 months for March).  Moving to even a stronger seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for April, were: 404 active listings, 190 pending listings and 61 closed sales.  Much stronger activity for 2015, even with a considerably reduced inventory.
Stuart FL 34997 Residential Market Report April 2015

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

 

Stuart FL 34997 Residential Market Report April 2015

 

Stuart FL 34996 Condo Market Report April 2015

05.17.15 by

Stuart FL 34996 Condo Market Report April 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2015

For April 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 110 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report April 2015

55 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from March).

Stuart FL 34996 Condo Market Report April 2015

23 Condos Sold in April (Decreased by 13 condos from March) 

Stuart FL 34996 Condo Market Report April 2015

The Stuart FL 34996 Condo Market was very strong for April.  Activity eased slightly from last month’s hot pace, but this is still a strong market with a lot of activity.  While both pending and closed sales were off from last month, this is still a hot area for Stuart condos.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 4.8 months from March’s 3.1 months .  Still a strong sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2014 were: 142 active listings, 46 pending sales and 41 closed sales.  Better closed activity for last year, but with considerably more inventory.  Also, better pending activity this year, which may mean good sales activity in the coming months.

Stuart FL 34996 Condo Market Report April 2015

Search Stuart FL Condos by Price Below:

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report April 2015

Stuart FL 34996 Residential Market Report April 2015

05.16.15 by

Stuart FL 34996 Residential Market Report April 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2015

 

For April 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 173 active listings (Up by 6 homes from March).

Stuart FL 34996 Residential Market Report April 2015

29 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from March).

Stuart FL 34996 Residential Market Report April 2015

18 Homes Sold in April (Decreased by 3 homes from March).

Stuart FL 34996 Residential Market Report April 2015

The 34996 zip code area of the Stuart Florida residential real estate market retreated from the improved numbers of last month.  Both pending sales as well as closed sales were off for the month as compared to March.  A little bit of a disappointing report especially when looking at our other Stuart markets.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April increased to 9.6 months as compared to March’s 7.9 months.  Drifting to even a stronger buyers’ market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2014 were: 186 active listings, 52 pending sales and 11 closed sales.  Better sales activity this year, but the pending sales are off as compared to last year, which may mean slower sales in the immediate future.

Stuart FL 34996 Residential Market Report April 2015

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report April 2015

Stuart FL 34994 Condo Market Report April 2015

05.15.15 by

Stuart FL 34994 Condo Market Report April 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2015

For April 2015 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 93 active condo listings (Decreased by 2 condos from March).

Stuart FL 34994 Condo Market Report April 2015

40 Condo sales are pending and awaiting close or lender approval. (Decreased by 6 condo from last month) 

Stuart FL 34994 Condo Market Report April 2015

19 Condos Sold in April (Unchanged from March).

Stuart FL 34994 Condo Market Report April 2015

The Stuart FL 34994 Condo market showed strong activity for April 2015.  Very similar activity to last month with a drop in pending sales which may indicate a decrease in future closed sales.

The one month absorption rate decreased to 4.9 months compared to last month’s 5.0.  Continuing as a seller’s market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 111 active listings, 56 pending sales, and 23 closed sales. For the 34994 zip code area of Stuart, this year’s activity is not quite as robust as it was for April 2014.

Stuart FL 34994 Condo Market Report April 2015

Search for Stuart FL Condos by Price Below:

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

Stuart Florida Market Report ZIP Code 34994 – Condo, April 2015

Sewalls Point Single Family Market Report April 2015

05.13.15 by

Sewalls Point Single Family Market Report April 2015

Sewalls Point Real Estate Snapshot, Residential Sales for April 2015

 

There are currently 79 active listings (Increased by 7 homes since last month)

Sewalls Point Single Family Market Report April 2015

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

Sewalls Point Single Family Market Report April 2015

6 Homes sold in April (Increased by 3 homes from March)

Sewalls Point Single Family Market Report April 2015

The Sewalls Point single family homes market activity remains challenging for sellers.  Though buyers have some excellent choices and opportunities at the present time.  Closed sales doubled from last month, though the inventory is quite high and pending sales decreased.

The current absorption rate dropped to 13.2 months, in March it was 24 months. Much improved from last month, but still a buyer’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 April of 2014, the inventory was 58 homes on the market, 13 pending sales and there were 5 closed sales.  Other than 1 additional closed sale this year, last years activity was better when considering the lower inventory.

Sewalls Point Single Family Market Report April 2015

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report April 2015

 

Hobe Sound FL 33455 Condo Market Report March 2015

04.22.15 by

Hobe Sound FL 33455 Condo Market Report March 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2015

 

For March 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 8 active condo listings. (Down by 11 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2015

9 Condo sale is pending and awaiting close. (Up by 4 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2015

4 Condos sold in February (Increased by 1 condo from February)

Hobe Sound FL 33455 Condo Market Report March 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is at the lowest level that I have seen for Hobe Sound condos ever.  We have a greater number of pending sales than we have active listings!

The current absorption rate is 2 months (Last month it was 6.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that March not indicate a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2014 numbers were: 22 active listings, 7 pending sales and 3 closed sales.  Much stronger activity this year, especially as a percentage of activity when compared to available listings.

Hobe Sound FL 33455 Condo Market Report March 2015

Search Hobe Sound Condominium Properties by Price

 

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2015

 

Hobe Sound FL 33455 Residential Market Report March 2015

04.21.15 by

Hobe Sound FL 33455 Residential Market Report March 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2015

  For March 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 222 active listings. (Down by 28 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2015

120 Residential sales are pending and awaiting close  (Up by 22 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2015

52 Homes Sold in March (Up by 17 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed some very strong activity for March.  Both pending and closed sales rose, though unfortunately the inventory dropped, possibly effecting future activity with fewer choices for buyers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.3 months (7.1 months in February).  Back into a strong seller’s market for the Hobe Sound area of Martin County.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2013 were:  298 active listings, 108 pending sales and 38 closed sales.   Much stronger activity this year.  Very impressive when the considerably lower inventory is factored in.

Hobe Sound FL 33455 Residential Market Report March 2015

Search here for Hobe Sound Florida Real Estate for Sale

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

 

Hobe Sound FL 33455 Residential Market Report March 2015

Jensen Beach FL 34957 Condo Market Report March 2015

04.20.15 by

Jensen Beach FL 34957 Condo Market Report March 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2015

 

For March 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 30 active listings. (Decreased by 10 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2015

21 Condo sales are pending and awaiting settlement. (Increased by 7 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2015

5 Condos Sold (Decreased by 4 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2015

 The Jensen Beach FL 34957 Condo Market Report March 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.   The inventory remains low, while pending sales (a sign of future activity) improved and closed sales decreased.

The one month absorption rate for the March 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6 months (from 4.4 months in February), back into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2014 numbers were: 23 active listings, 18 pending sales and 16 condos closed.  Not as strong a month as we had in March of 2014.

Jensen Beach FL 34957 Condo Market Report March 2015

Jensen Beach Condominium Properties by Price


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach FL 34957 Condo Market Report March 2015

Jensen Beach FL 34957 Residential Market Report March 2015

04.19.15 by

Jensen Beach FL 34957 Residential Market Report March 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2015

 For March 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 142 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2015

85 Residential sales are pending and awaiting close or lender approval. (Up by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2015

29 Homes Sold (Increased by 2 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2015

The Jensen Beach FL 34957 Residential Market continues to show good strong activity with a strong increase in pending sales for this month and a slight drop in closed sales.  The available inventory also took a slight decrease.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.9 months (was 5.6 months in February).  Still in a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2013 numbers were: 124 active listings, 97 pending sales and 29 home sales closed.   Similar activity to last year.  Though, interestingly Jensen Beach is one of the few areas in Martin County with increased inventory for 2015 as compared to last year.
Jensen Beach FL 34957 Residential Market Report March 2015

Search here for Jensen Beach Real Estate for Sale

Rental Properties

Residential Properties

All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach FL 34957 Residential Market Report March 2015

Palm City FL 34990 Condo Market Report March 2015

04.18.15 by

Palm City FL 34990 Condo Market Report March 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2015

 

For March 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 48 active condo listings. (Down by 6 condos from February)

Palm City FL 34990 Condo Market Report March 2015

15 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month)

Palm City FL 34990 Condo Market Report March 2015

6 Condos Sold in March. (Up by 2 condos from February)

Palm City FL 34990 Condo Market Report March 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Both pending and closed sales were up for March while our inventory of available condos for sale continues to shrink.

The current absorption rate for condos in the 34990 zip code area declined to 8 months (was 13.5 months in August).   An improvement from last month, and approaching a balanced market.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The March 2013 numbers were: 57 active listings, 5 pending sales and 1 closed sales.   Considerably better activity for this year, even with the reduced inventory of available condos for sale.
 Palm City FL 34990 Condo Market Report March 2015

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report March 2015