Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for May 2011

06.29.11 by

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for May 2011

For May 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 40 active condo listings. (Up 1 from last month)

8 Condo sales are pending and awaiting close or lender approval. (Down 1 from April)

There was 1 sale. (A decrease of two condos from last month)

The Hobe Sound Condo market was pretty slow for May with only 1 sale.  Pending sales were also off and a slight increase in inventory. Its a pretty weak market for this segment of real estate as the consumers are waiting for some definitive good news on the economy.

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for May 2011

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for May 2011

06.28.11 by

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for May 2011

For May 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 379 active listings. ( down 30 from April)

93 Residential sales are pending and awaiting close or lender approval (up 4 from last month)

30 Homes Sold in May (down 17 from April)

Continuing decrease in inventory was the most positive sign for the Hobe Sound residential real estate market (zip code 33455) for May.  Sales dropped significantly last month, while those homes awaiting sales were up slightly.  Lots of uncertainty in the market at present as all eyes are on the economy.

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for May 2011

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Condo Sales for May 2011

06.24.11 by

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Condo Sales for May 2011

For May 2011 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 55 active listings. (Down 6 from last month)

19 Condo sales are pending and awaiting close or lender approval. (Down 1 from April)

7 Condos Sold (Up 1 from last month)

For the Jensen Beach, Florida condo market, May was basically unchanged from the month before as sales were up by one while pending sales were off by 1.  Notably, the inventory continues to decrease.  All eyes are currently watching the economy for some signs of improvement.

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for May 2011

Jensen Beach Florida Real Estate presented by:
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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Residential Sales for May 2011

06.23.11 by

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Residential Sales for May 2011

For May 2011 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 165 active listings. (A decrease of 16 from last month)

71 Residential sales are pending and awaiting close or lender approval. (down 4 from April)

23 Homes Sold (down 2 from last month)

Mixed results for the Jensen Beach Florida residential real estate market (zip code 34957) for May. Both sales and pending sales were off a little, however, the inventory continues to decline, making fewer homes available for sale.  This should eventually push demand higher once prospective buyers feel a little more comfortable with the economy and the lenders become a little more reasonable.

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for May 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for May 2011

06.22.11 by

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for May 2011

For May 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 111 active condo listings (down 13 from last month).

30 Condo sales are pending and awaiting close or lender approval (up 7 from April).

8 Condos Sold in April (down 1 unit from last month).

Condo Sales in the 34997 area of Stuart Florida were down by just one sale while inventory continues to shrink and pending sales also rose.  While mostly a positive sign, this also shows that a large number of pending sales are distressed properties, which have a large negative effect on pricing.  Overall the trend is fairly positive, especially when compared to other segments of the martin County real estate market.

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for May 2011

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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for May 2011

06.21.11 by

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for May 2011

For May 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 548 active listings (down 12 from April).

173 Residential sales are pending and awaiting close or lender approval (down 22 from last month).

53 Homes Sold in April (down 2 from April)

For zip code 34997 in Stuart Florida, May sales decreased slightly, also pending sales were off.  The inventory continues to decline.  We’re seeing some very mixed signals this month from the housing market.  It appears that most are very concerned about the economy and employment figures.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for May 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for May 2011

06.20.11 by

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for May 2011

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

There are currently 154 active condo listings (up 6 from last month).

36 Condo sales are pending and awaiting close or lender approval. (a decrease of 3 from April)

13 Condos Sold in May (down 13 units from last month).

A disappointing month for the 34994 zip code portion of Stuart Florida for condo sales.  Inventory rose for the second month in a row.  Both closed and pending sales were also off.  Unfortunately not a good sign for the health of this segment of the market.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for May 2011

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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for May 2011

06.15.11 by

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for May 2011

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

There are currently 89 active listings (Up 1 from April).

31 Residential sales are pending and awaiting close or lender approval (up 3 from last month).

9 Homes Sold in May (up 1 from April)

Inventory rose by only 1 unit in Stuart’s 34994 zip code area for May.  Pending sales remained strong (up by 3) and a small increase in closed sales for May were mostly positive signs for continued growth in this segment of Martin County’s real estate market.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for May 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34996, Condo Sales for May 2011

06.14.11 by

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34996, Condo Sales for May 2011

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

There are currently 211 active condo listings (down 31 from last month).

38 Condo sales are pending and awaiting close or lender approval (up 4 from April).

22 Condos Sold in May (down 14 units from last month)

Sales were off for may in the Stuart 34996 zip code for condos. However, pending sales remain very positive and the inventory continues to decline.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34996, Condo Sales for May 2011

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Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for May 2011

06.13.11 by

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for May 2011

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

There are currently 183 active listings (down 6 from last month).

31 Residential sales are pending and awaiting close or lender approval (up 4 from April).

8 Homes Sold in April (down 3 from April).

Sales were off slightly for the residential Stuart Florida real estate market activity for zip code 34996. The good news is that the inventory continues to decline and the pending sales also remained strong.

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Market Report: Stuart Point, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for May 2011

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for May 2011

06.10.11 by

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for May 2011

For May 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 58 active condo listings. (down 4 from April)

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

2 Condos Sold in May. (down 2 from April)

Sales were off by 50% for May for condos in Palm City, Florida – zip code 34990.  Pending sales remain fairly strong as well as another decrease in inventory.  No definite trend emerging but overall, not too bad of a market.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for May 2011

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for May 2011

06.09.11 by

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for May 2011

For May 2011 in the 34990 Zip Code area of Palm City Florida :

There are currently 532 active listings (an increase of 8 from April)

129 Residential sales are pending and awaiting close or lender approval. (Down 22 from last month)

61 Homes Sold in May (up 2 for April)

After a fairly robust spring activity, the Palm City, Florida residential market appears to be cooling. While we had a slight increase in sales, the pending sales activity decreased and for the first time in over three months, we’ve seen an increase in inventory. This is showing signs of a weaker summer ahead if this trend continues for Palm City.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for May 2011

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Palm City, FL Real Estate

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Market Report: Sewalls Point, Florida Real Estate Snapshot, Residential Sales for May 2011

06.08.11 by

Market Report: Sewalls Point, Florida Real Estate Snapshot, Residential Sales for May 2011

For May 2011 in Sewalls Point, Florida :

There are currently 58 active listings (a reduction of two homes for sale from April)

10 Residential sales are pending and awaiting close or lender approval (An decrease of 2 from April)

4 homes closed in Sewalls Point Florida in May (down 1 from April)

Sales and pendings by numbers decreased a little from last month, but the inventory was also down for the Sewalls Point residential market in Stuart, Florida.  Of particular interest is that two of the four sales were in the $2.5 and $3.5 Million dollar range.

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Market Report: Sewalls Point, Florida Real Estate Snapshot, Residential Sales for May 2011

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for April 2011

05.28.11 by

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for April 2011

For April 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 39 active condo listings. (Up 2 from last month)

9 Condo sales are pending and awaiting close or lender approval. (Unchanged from March)

There were 3 sales. (A decrease of two condos from last month)

The Hobe Sound Condo market was off slightly from March.  Very small differences though and inventory levels remain moderately low compared to last year.  Condo activity in Hobe Sound is a very small part of the overall real estate market in zip code 33455.

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for April 2011

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for April 2011

05.27.11 by

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for April 2011

For April 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 409 active listings. ( down 35 from March)

89 Residential sales are pending and awaiting close or lender approval (down 14 from last month)

47 Homes Sold in April (up 2 from December)

A good solid performance for the Hobe Sound Florida residential real estate market (zip code 33455) with more declines in the inventory and a slight increase in sold homes.  Pending sales were off from March though but remain at a strong level.

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Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for April 2011

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Condo Sales for April 2011

05.24.11 by

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Condo Sales for April 2011

For April 2011 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 61 active listings. (Down 2 from last month)

20 Condo sales are pending and awaiting close or lender approval. (Down 1 from  March)

6 Condos Sold (Down 1 from last month)

For the Jensen Beach, Florida condo market, slightly off results from the previous month.  The good news is the inventory continues to decline.  Less supply is a good indicator that the market may be approaching the bottom in this area.

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for April 2011

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

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Residential Sales for April 2011

05.22.11 by

Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34957, Residential Sales for April 2011

For April 2011 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 181 active listings. (Unchanged from last month)

75 Residential sales are pending and awaiting close or lender approval. (down 5 from March)

25 Homes Sold (up 5 from last month)

Mixed results for the Jensen Beach Florida residential real estate market (zip code 34957) for this month.  Sales were up, but bucking the trend from the rest of Martin County, inventory levels remained unchanged and pending sales were off a small amount from last month.

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Market Report: Jensen Beach, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for April 2011

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for April 2011

05.19.11 by

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for April 2011

For April 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 62 active condo listings. (down 3 from March)

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

4 Condos Sold in April. (down 1 from March)

Mixed results for the Palm City Florida condo market snapshot – zip code 34990. Basically unchanged from last month, with sales off by 1 unit, pending sales slightly up and a welcome continuation of the reduction of inventory.  As the inventory declines, the result is less of a supply of available condos which will result in an increase in demand.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for April 2011

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for April 2011

05.18.11 by

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for April 2011

For April 2011 in the 34990 Zip Code area of Palm City Florida :

There are currently 524 active listings (down 31 from March)

151 Residential sales are pending and awaiting close or lender approval. (Up 6 from last month)

59 Homes Sold in April (up 6 for March)

For the second month in a row, strong positive movement in all categories in Palm City, Florida real estate (zip code 34990).  As with other areas in Martin County, inventory continues to decline which will decrease the supply.  At some point, if this trend continues demand for homes will become strong enough to result in some price increases in our area.

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Residential Sales for April 2011

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for April 2011

05.17.11 by

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for April 2011

For April 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 124 active condo listings (down 11 from last month).

23 Condo sales are pending and awaiting close or lender approval (up 5 from March).

9 Condos Sold in March (down 9 units from last month).

Sales of Condos were off for April in the 34997 area of Stuart Florida.  This is most likely a seasonal fluctuation.  The inventory continues to decline, which is a positive trend.  As supply shrinks, demand should rebound.

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Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for April 2011

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Stuart Florida Real Estate presented by:
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