Palm City Florida Market Report ZIP Code 34990 – Condo, April 2012

05.22.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, April 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for April 2012

For April 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 66 active condo listings. (Unchanged from March)

3 Condo sales are pending and awaiting close or lender approval. (Up 1 from last month)

1 Condo Sold in April. (Down 2 from March)

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes. Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year round residents. This segment of the market currently is treading water with small changes in all categories.  The only bright note is the single sale this month was one of the higher priced condos in the Admiralty.

Last years numbers for the Palm City (34990 zip code area) Condo market were 58 active listings, 10 pending sales and 2 closed sales.  This segment of the martin County real estate market is just not performing at this time, unlike most of our other areas as well as the residential Palm City market.

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Palm City Florida Market Report ZIP Code 34990 – Condo, April 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, April 2012

05.20.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, April 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2012

For April 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 462 active listings (A decrease of 14 homes from March)

228 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

49 Homes Sold in April (Increased 2 homes from March)

For the Palm City, zip code 34990, area of Martin County Florida, the strong March continued into April with positive movement in all categories. Very strong results!

Comparing these numbers to April of 2011, when there were 524 active listings, 151 pending sales and 59 homes sold, very similar numbers with a significantly smaller inventory, the exception being the much larger number of pending sales, which should translate into higher closed sales soon.

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Palm City Florida Market Report ZIP Code 34990 – Residential, April 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, April 2012

05.18.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, April 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2012

 

For April 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 115 active condo listings (An increase of 6 condos form March).

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34 Condo sales are pending and awaiting close or lender approval (Down 6 condos from March).

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18 Condos Sold in June (An increase of 4 condos from March).

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Fairly positive April results for the Stuart condo market for the area in ZIP code 34997.  A small increase in inventory and also a small decrease in pending sales, possibly showing the seasonal slowdown for the condo market.  Closed sales were up from March though.
Last years numbers were 124 active listings, 23 pending sales and 9 closed sales. Considerably better April of 2012 compared to last year for the Condo market of the 34997 zip code area of Stuart, Florida.

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2012

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

05.17.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2012

There are currently 407 active listings (A decrease of 21 homes from March).

245 Residential sales are pending and awaiting close or lender approval (A decrease of 18 homes from March).

67 Homes Sold in March (Up 6 homes from March)

Another positive month for the 34997 zip code area of Stuart Florida. This segment of the martin County real estate market is just HOT! Inventory took another drop again in April while pending sales also dropped slightly and closed sales were up to 67 sold homes. There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales. Hopefully, the majority of these will receive approval and close. It is significant to note that the active inventory has decreased significantly in the past three months, representing over a 30% drop in active listings!
Compared to April of 2011, when there were 560 active listings, 195 pending sales and 55 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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Stuart Florida Market Report ZIP Code 34997 – Residential, April 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, April 2012

05.16.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, April 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2012

For April 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 191 active condo listings (Down 8 from last month).

52 Condo sales are pending and awaiting close or lender approval (A decrease of 6 condos from March).

26 Condos Sold in April (An increase of 3 condos from March)

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996. Sales activity increased slightly with 3 more sales as compared March and pending sales were down slightly, but still high. Very strong signs for this segment of the market. There was a fairly good mix of both Island units as well as some of the lesser priced 55+ community condos on the mainland selling last month.

Compared to last year in April of 2011, the numbers were 222 active listings, 35 pending sales and 15 closed sales.  Much better numbers this year, especially since the inventory is considerably less.  If this trend continues, it will not be long before we start seeing some gradual price increases in the 34996 Condo market in Stuart, Florida.

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Stuart Florida Market Report ZIP Code 34996 – Condo, April 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

05.15.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2012

For April 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Unchanged from March).

47 Residential sales are pending and awaiting close or lender approval (Up 11 from March).

8 Homes Sold in April (Down 14 from March).

The 34996 zip code area of Stuart Florida showed weak sales activity in April as compared to March. Pending sales, however, were up sharply and should reflect an increased number of closed sales in the near future while the inventory remained unchanged in a continued positive trend for this section of the residential single family market in Stuart, Florida.

Comparing the numbers to April of 2011, there were 189 active listings, 27 pending sales and 11 closed sales. This April’s activity is considerably better than last year with the exception of a drop in closed sales.  There appears to be a good future trend for the 34996 section of the Stuart, Florida real estate market.

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Stuart Florida Market Report ZIP Code 34996 – Residential, April 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, April 2012

05.11.12 by

Stuart Florida Market Report ZIP Code 34994 – Condo, April 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2012

For April 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 147 active condo listings (Up by 4 condos from March).

43 Condo sales are pending and awaiting close or lender approval. (Down 1 from last month)

15 Condos Sold in April (Unchanged from March).

The Stuart Condo market for zip code 34994 showed little change in April with very similar numbers from the previous two months.  We’ve also had the first uptick in inventory in a few months as some sellers may feel the time is right to put their condo on the market.

In April of 2011 the numbers were: Active – 144, Pending – 50 and Sales – 25. Compared to last year, we are slightly below expectations.

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2012

Sewalls Point Market Report – Residential, April 2012

05.09.12 by

Sewalls Point Market Report – Residential, April 2012

Sewalls Point Real Estate Snapshot, Residential Sales for April 2012

There are currently 63 active listings (an increase of 2 homes for sale from March)

19 Residential sales are pending and awaiting close or lender approval (An increase of 5 from March)

2 Homes sold in March (Down 1 from March)

The market remains slow for the Sewalls Point real estate area of Martin County, Florida.  The one bright note is a fairly large increase in pending sales.  This will hopefully translate into some healthier numbers of closed sales in the near future.  Both closed sales and inventory remain basically unchanged from last month.

Comparing the results to April of 2011, the inventory is basically unchanged as there were 60 homes on the market last year, pending sales were 12, and 5 homes sold. Closed sales were higher last year.  We should see closed sales for the near future catch up with last years figures as the higher number of this years pending sales close.

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Sewalls Point Market Report – Residential, April 2012

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2012

04.27.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2012

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2012

For March 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 38 active condo listings. (Up 6 from February)

7 Condo sales are pending and awaiting close or lender approval. (Up 3 from February)

  5 Condos sold in March (Up 4 from February)

The Hobe Sound condo market (Zip Code 33455) is a very small segment of both Hobe Sound real estate as well as the smallest condo market in Martin County. March showed some improvement from previous months, with an increase to 5 closed sales.  Inventory gre a little but with such a low inventory, I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market. Last March’s numbers were 37 active listings, 9 pending sales and 5 closed sales. Almost identical to this year’s numbers.

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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2012

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, March 2012

04.26.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, March 2012

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2012

For March 2012 in the 33455 Zip Code area of Hobe Sound, Florida:

There are currently 323 active listings. ( A decrease of 19 homes from February)

104 Residential sales are pending and awaiting close or lender approval (An increase of 2 homes from February)

49 Homes Sold in March (An increase of 18 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a solid March 2012.  Inventory decreased again and closed sales were up significantly from a solid February.  Compared to last March, we had 434 active listings, 103 pending sales and 45 closed sales, we are very similar to last year’s figures, but all this with significantly less inventory.

The Hobe Sound real estate market (zip code 33455) is off to an excellent 2012, with solid market results.

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, March 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, March 2012

04.24.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, March 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2012

For March 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the February Market Snapshot data was unavailable)

There are currently 68 active listings. (Unchanged from February)

26 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from February)

8 Condo Sold (An increase of 6 condos from February)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory that was unchanged from February and fairly good pending data.  Closed sales were up by a good amount last month. 

Last March there were 63 active listings, 21 pending sales and 7 closed sales. Basically unchanged over the year.

 

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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, March 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, March 2012

04.23.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, March 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2012

For March 2012 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 124 active listings. (Down 31 homes from last month)

102 Residential sales are pending and awaiting close or lender approval. (Up 11 homes from February)

36 Homes Sold (Down 7 from February)

Wow! The Jensen Beach real estate market (ZIP Code 34957)  had a smoking March and shows good potential for future sales.   Sales were up by 20 homes, pending sales jumped to over 100 with the inventory down to only 155 homes.  Very strong results.

The March 2011 numbers were 181 active listings, 80 pending sales and 20 closed sales.  We have considerably better numbers this year with a reduced inventory of available homes.  Very positive results.

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, March 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

04.21.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2012

For March 2012 in the 34990 Zip Code area of Palm City, Florida :

There are currently 66 active condo listings. (Down 5 from February)

2 Condo sales are pending and awaiting close or lender approval. (Up 1 from last month)

3 Condos Sold in March. (Down 2 from February)

The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single-family homes or townhomes.   Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year-round residents.  This segment of the market currently is treading water with small changes in all categories.

Last year’s numbers for the Palm City (34990 zip code area) Condo market were 65 active listings, 7 pending sales and 5 closed sales.

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Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

04.20.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2012

For March 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 476 active listings (A decrease of 6 homes from February)

202 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

47 Homes Sold in March (Increased 17 homes from February)

For the Palm City, zip code 34990, area of Martin County Florida, the strong February continued into March with a small decrease in closed sales, but still strong with 47 homes having closed.  A large jump in homes under contract to over 200 and a modest decrease in inventory.  Very strong results!

Comparing these numbers to March of 2011, when there were 555 active listings, 145 pending sales and 59 homes sold, a slightly lower number of sales and a significantly higher number of pending sales which should translate to higher closed numbers in the near future.  Inventory remains about 15% lower than last year.

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Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, March 2012

04.18.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, March 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2012

For March 2012 in the 34997 Zip Code area of Stuart, Florida :

There are currently 109 active condo listings (An decrease of 3 condos form February).

40 Condo sales are pending and awaiting close or lender approval (Up 6 condos from February).

14 Condos Sold in June (An increase of 6 condos from February).

After treading water in February, the march results for the Stuart condo market for the area in ZIP code 34997 showed gains in all three major market stats.  Inventory decreased, pending and closed sales were both up. Considering the fairly low number of available properties, these are good solid results.

Last year’s numbers were 135 active listings, 18 pending and 18 closed sales.  Other than slightly fewer closed sales, we are doing much better in the Condo market for the 34997 zip code area of Stuart, Florida.

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2012

Stuart Florida Market Report ZIP Code 34997 – Residential, March 2012

04.17.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, March 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2012

There are currently 428 active listings (A decrease of 43 homes from February).

263 Residential sales are pending and awaiting close or lender approval (An increase of 21 homes from February).

61 Homes Sold in February (Up 1 homes from February)

Another positive month for the 34997 zip code area of Stuart Florida.  This segment of the martin County real estate market is just HOT!  Inventory took a huge drop again in March while pending sales also rose significantly and closed sales remained steady with a significant number of sold homes.  There is an exceptionally large number of contingent sales (pendings) that are awaiting lender approval in the form of short sales.  Hopefully, the majority of these will receive approval and close.  It is significant to note that the active inventory has decreased by over 100 homes in the past two months, representing a close to 25% drop in active listings!

Compared to March of 2011, when there were 606 active listings, 197 pending sales and 77 closed sales, the 34997 area code for Stuart, Florida continues to show great improvement with considerably improved numbers, even with less inventory available.

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Stuart Florida Market Report ZIP Code 34997 – Residential, March 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, March 2012

04.15.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, March 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2012

For March 2012 in the 34996 Zip Code area of Stuart, Florida :

There are currently 199 active condo listings (Down 8 from last month).

58 Condo sales are pending and awaiting close or lender approval (An increase of 15 condos from February).

23 Condos Sold in March (An increase of 13 condos from February)

The inventory continues to decline in the Stuart condo market for the area in ZIP code 34996.  Sales activity remained steady with only 2 less sales compared to February and pending sales took a nice jump by 18 units.  These are very strong signs for this segment of the market.  There was a fairly good mix of both Island units as well as some of the lesser-priced senior condos on the mainland selling last month.

Compared to the end of last year in March of 2011, the numbers were 242 active listings, 34 pending sales, and 36 closed sales.  While closed sales were off from last year, the mix of sales shows a higher number of more expensive Island Condos as well as the fact that there are approximately 20% fewer units actively for sale at this time.

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Stuart Florida Market Report ZIP Code 34996 – Condo, March 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, March 2012

04.14.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, March 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2012

For March 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 165 active listings (Down 18 from February).

36 Residential sales are pending and awaiting close or lender approval (Up 1 from February).

22 Homes Sold in March (Up 14 from February).

The 34996 zip code area of Stuart Florida showed very strong sales activity in March.  Pending sales also remained steady and the inventory declined further in a continued positive trend for this section of the residential single family market in Stuart, Florida.  The current absorption rate is under 8 months and is only a small number away from a balanced market.  When factoring in the distressed sales, this is an impressive result for March.

Comparing the numbers to March of 2011, there were 201 active listings, 31 pending sales and 8 closed sales.  This March’s activity is considerably better than last year, especially when one considers that there were almost 25% fewer homes available for sale on the market.  Impressive results!

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Stuart Florida Market Report ZIP Code 34996 – Residential, March 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, March 2012

04.12.12 by

Stuart Florida Market Report ZIP Code 34994 – Condo, March 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2012

For March 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 143 active condo listings (Down by 5 condos from February).

44 Condo sales are pending and awaiting close or lender approval. (Down 2 from last month)

15 Condos Sold in March (Unchanged from February).

The Stuart Condo market for zip code 34994 showed continued momentum in March with very similar numbers from the previous month. Of note, is the fact that the inventory continues to decline while sales and pendings remained steady.

In March of 2011 the numbers were: Active – 144, Pending – 50 and Sales – 25.  Compared to last year, we are slightly below expectations.

Search here for Stuart Florida Real Estate for Sale ( Condos)
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Stuart Florida Market Report ZIP Code 34994 – Condo, March 2012

Stuart Florida Market Report ZIP Code 34994 – Residential, March 2012

04.11.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, March 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2012

For March 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 84 active listings (Up 6 from February).

41 Residential sales are pending and awaiting close or lender approval (Down 2 from February).

7 Homes Sold in March (Down 5 homes from February)

The 34994 ZIP code area of Stuart showed a slight easing from the fairly good numbers from February.  Inventory was up by 8%, pending and closed sales were off slightly.

Last March at this time, there were 99 active listings, 29 pending sales and 6 closed sales.  So, still better than last year at this time.

In the 34997 zip code of Stuart, Florida there is not a large inventory and many of the homes currently on the market are just not what today’s buyer is in the market looking for.  So, sales will continue to be difficult unless the home is very attractively priced.

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For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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Stuart Florida Market Report ZIP Code 34994 – Residential, March 2012