Wide Waterfront Indian River Drive Home for Lease

Wide Waterfront Indian River Drive Home for Lease

Just listed!  This beautifully updated wide waterfront home on Indian River Drive.  Available for annual lease at only $2,100 a month.

Waterfront Home on Indian River Drive

12647 Indian River Drive, a nicely updated Waterfront Indian River Drive Home, Sold on January 24, 2014 by the Gabe Sanders BlueWater  realty team.  Since the new owners will be retiring to this home in a few years, it will soon be available for a yearly lease. 

Waterfront Home on Indian River Drive

Enjoy beautiful views of the Indian River from your home or the observation deck on the water. 3 bedroom/ 2 bath home with tile, stainless steel appliances, granite, pantry, screen porch, plantation shutters, high elevation, over 1/3 acre of land close to downtown Jensen Beach.

 Waterfront Home on Indian River Drive

Waterfront Home on Indian River Drive

Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate sized land in South Florida today! Twelve miles of paradise on a two lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce. Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River) on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

The blue waters of the Atlantic Ocean are just minutes away. The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise. Long used as transportation route for the pineapple plantation owners to ship their product to various ports-o-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters. World class marine life is right at your doorstep and the fishing is some of the best in the world.

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of two lane road.

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Wide Waterfront Indian River Drive Home for Lease

 

Hobe Sound FL 33455 Residential Market Report August 2014

Hobe Sound FL 33455 Residential Market Report August 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2014

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

There are currently 242 active listings. (Up by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2014

60 Residential sales are pending and awaiting close  (Decreased by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2014

49 Homes Sold in August (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for August had another excellent month for closed sales.  Though, troubling is the large drop in pending sales this month.  Inventory rose by a small amount which is a bit surprising for the month of August.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in July).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in July)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2013 were:  233 active listings, 95 pending sales and 48 closed sales.   Very similar to this year’s numbers with the exception of the lower number of pending sales this year.

Hobe Sound FL 33455 Residential Market Report August 2014

 

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Hobe Sound FL 33455 Residential Market Report August 2014

Jensen Beach FL 34957 Condo Market Report August 2014

Jensen Beach FL 34957 Condo Market Report August 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2014

 

For August 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 26 active listings. (Down 4 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2014

16 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2014

3 Condos Sold (Up by 1 condo from July)

Jensen Beach FL 34957 Condo Market Report August 2014

 The Jensen Beach FL 34957 Condo Market Report August 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped with the third month of decreasing inventory in August.  Pending sales increased by 3 condos and closed sales were up by 1.  The increase in pending sales should result in some additional closed sales in the near future.

The one month absorption rate for the August 2014, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 8.7 months (30 months in July), still a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2013 numbers were: 30 active listings, 17 pending sales and 12 condos closed.   It was a much stronger market for Jensen Beach condos in 2013.

Jensen Beach FL 34957 Condo Market Report August 2014

 

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Jensen Beach FL 34957 Condo Market Report August 2014

Jensen Beach FL 34957 Residential Market Report August 2014

Jensen Beach FL 34957 Residential Market Report August 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2014

 

 For August 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 104 active listings. (No change from last month)

Jensen Beach FL 34957 Residential Market Report August 2014

 

74 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2014

 

29 Homes Sold (No change from July)

Jensen Beach FL 34957 Residential Market Report August 2014

 

The Jensen Beach FL 34957 Residential Market Report had continued strong activity from July to August.  Other than a small drop in pending sales, activity for August was identical to last month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957  remains at 3.6 months (also 3.6 months in July).  Still a strong 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 August 2013 numbers were: 122 active listings, 71 pending sales and 25 home sales closed.  Better activity this year.  Especially when considering the reduced inventory.  The Jensen Beach residential real estate market is currently the most active in Martin County.
Jensen Beach FL 34957 Residential Market Report August 2014 
 

 

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report August 2014

 

Palm City FL 34990 Condo Market Report August 2014

Palm City FL 34990 Condo Market Report August 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2014

 

For August 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 60 active condo listings. (Up by 1 condo from July)

Palm City FL 34990 Condo Market Report August 2014

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

Palm City FL 34990 Condo Market Report August 2014

4 Condos Sold in August. (Up by 3 condos from July)

Palm City FL 34990 Condo Market Report August 2014

The Palm City FL 34990 condo real estate market is a fairly small segment.  There was a nice increase in closed sales for August while the inventory was basically unchanged along with a drop in pending sales.

The current absorption rate for condos in the 34990 zip code area decreased to 15 months (was 59 months in July).   Still a strong buyers 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 August 2013 numbers were: 53 active listings, 10 pending sales and 0 closed sales.   Better activity this year with the exception of the pending numbers, which is not a good indicator for future activity.
Palm City FL 34990 Condo Market Report August 2014 
 

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Palm City FL 34990 Condo Market Report August 2014

Palm City FL 34990 Residential Market Report August 2014

Palm City FL 34990 Residential Market Report August 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2014

 

For July 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 436 active listings (Increased by 4 homes from July)

Palm City FL 34990 Residential Market Report August 2014

 

 145 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month)

Palm City FL 34990 Residential Market Report August 2014

 

76 Homes Sold in July (Up by 3 homes from July)

Palm City FL 34990 Residential Market Report August 2014

 

After a somewhat slower July than the hot market we’ve been experiencing for the Palm City FL 34990 residential real estate market, August certainly seems to be heading back into the right direction.  Palm City is one of the only areas that is seeing an increase in inventory in the summer month of August.  
 
 The current absorption rate decreased to 5.7 months from 5.9 months in July, making the Palm City residential real estate market continue as a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

     The August 2013 numbers were:  352 active listings, 141 pending sales and 77 closed sales.  This segment of the Martin County real estate market continues with strong activity, though not quite as strong as last year.  Which may have been unsustainable.

Palm City FL 34990 Residential Market Report August 2014

 

Palm City, FL Real Estate

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Palm City FL 34990 Residential Market Report August 2014

Stuart FL 34997 Condo Market Report August 2014

Stuart FL 34997 Condo Market Report August 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2014

 

For August 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 55 active condo listings (Down by 6 condos from July).

Stuart FL 34997 Condo Market Report August 2014

27 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condo from July).

Stuart FL 34997 Condo Market Report August 2014

14 Condos Sold in August (Decreased by 7 condos from July).

Stuart FL 34997 Condo Market Report August 2014

Better activity for the Stuart FL condo market for zip code 34997 in August of 2014.  Interestingly this segment of the Stuart condo market is the only one with a decrease in inventory for August.  Pending and closed sales were off for August, though it was an unusually strong July and this market is retuning to a more sustainable level.

The one month absorption rate rose to 3.9  months from last months 2.9.  Still a hot sellers 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 August 2013 numbers were: 81 active listings, 22 pending sales and 11 closed sales.  2014 continues to outperform the 2013 market activity.

Stuart FL 34997 Condo Market Report August 2014

 
 

 

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2014

 

 

Stuart FL 34997 Residential Market Report August 2014

Stuart FL 34997 Residential Market Report August 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2014

 

There are currently 351 active listings (Decreased by 11 homes from July).

Stuart FL 34997 Residential Market Report August 2014

171 Residential sales are pending and awaiting close or lender approval (Decreased of 18 homes from July).

Stuart FL 34997 Residential Market Report August 2014

95 Homes Sold in August (Increased by 17 homes from July)

Stuart FL 34997 Residential Market Report August 2014

      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales.  After two months of increased pending sales (though pending sales were off for August) we see the results with a nice increase in closed sales.  The available inventory decreased again this month.
 
     The current one month absorption rate decreased to 3.7 months (was 4.6 months for July).  A hot sellers 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 2013 numbers for August, were: 347 active listings, 157 pending listings and 68 closed sales.  For the 34997 zip code of Stuart the 2014 market momentum continues at a much improved pace than last year ( which was a strong market as well).
 
Stuart FL 34997 Residential Market Report August 2014
 
 

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Stuart FL 34997 Residential Market Report August 2014

Stuart FL 34996 Condo Market Report August 2014

Stuart FL 34996 Condo Market Report August 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2014

For August 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 149 active condo listings (Up by 6 condos from last month).

Stuart FL 34996 Condo Market Report August 2014

 48 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from July).

Stuart FL 34996 Condo Market Report August 2014

 

14 Condos Sold in August (Increased by 3 condos from July) 

Stuart FL 34996 Condo Market Report August 2014

Typically the summer in the Stuart FL 34996 Condo Market has reduced activity, though for this August, there was an excellent increase in activity.  Both pending and closed sales increased along with a small rise in inventory.  Very unusual for the August time frame.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 10.6 months from July’s 13 months .  The third month of a buyers market after more than a year of strong activity.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2013 were: 178 active listings, 22 pending sales and 13 closed sales.  Considerably better activity this year with a much reduced inventory.

Stuart FL 34996 Condo Market Report August 2014

 

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Stuart FL 34996 Condo Market Report August 2014

Stuart FL 34996 Residential Market Report August 2014

Stuart FL 34996 Residential Market Report August 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2014

 

For August 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 155 active listings (Decreased by 14 homes from July).

Stuart FL 34996 Residential Market Report August 2014

28 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from July).

Stuart FL 34996 Residential Market Report August 2014

13 Homes Sold in August (Decreased by 8 homes from July).

Stuart FL 34996 Residential Market Report August 2014

The 34996 zip code area of the Stuart Florida residential real estate market showed weaker August results after a small rebound in July.  All measured activity decreased for August.  With the inventory levels so low and with prices rising, buyers are getting a bit more picky in their selections.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August increased to 11.9 months as compared to July’s 8 months.  A strong 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 August of 2013 were: 125 active listings, 26 pending sales and 25 closed sales.  We still have greater number of available homes as well as pending sales as compared to 2013, though the closed sales were off this year.

Stuart FL 34996 Residential Market Report August 2014

Stuart, FL Real Estate

Stuart Florida Real Estate presented by:
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Stuart FL 34996 Residential Market Report August 2014

Hammock Creek September 2014 Market Update

Hammock Creek September 2014 Market Update

There are currently 12 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $315,000 to $579,000.  The average list price is $426,266 at $139.18 per square foot of living area.  There are no short sales and 3 bank owned foreclosures in these active listings.

There are 5 homes currently under contract awaiting closing.  Of these pending homes, there is one bank owned foreclosure and no short sales.  The list prices range from $288,719 to $695,000 at an average list price is $406,560 at $143.18 per square foot of living area.

In the past 12 months, 41 homes have sold in Hammock Creek.  Sales prices ranged from $265,000 to $570,000 with an average sales price of $444,829 at $137.66 per square foot of living area.  There was one short sale and four bank owned foreclosures included in these sales.

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools makes Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides .

Here are the currently available homes in Hammock Creek September 2014 Market Update

For any questions you may have about Hammock Creek September 2014 Market Update, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Hammock Creek September 2014 Market Update

Cedar Pointe Condo Village 7 Sold

Cedar Pointe Condo Village 7 Sold

Cedar Pointe Condo Village 7  Building 120 Unit 7 has been sold by the Gabe Sanders BlueWater realty team.
This 1 Bedroom, 1 Bathroom condo has been sold without the buyer every seeing the condo in person.  The sales price was $37,000.Cedar Pointe Village 7 Condo

Nicely furnished 1 bedroom, 1-1/2 bath condo on 2nd floor in desirable Village 7. Diagonal ceramic tile in living area & bathrooms; Berber carpet in bedroom & walk-in closet. Screened/tiled patio. Brand new roof, hurricane shutters. Laundry & extra storage on same level. Assigned parking. Includes all furniture, cookware, dishes, flatware, glassware, linens, etc. No pets allowed. Cedar Pointe is a senior (55+) community located at the foot of the bridge to Hutchinson Island beaches w/lovely community pool & active clubhouse w/full kitchen. Close to beautiful downtown Stuart, Martin Memorial, doctors, fine stores, fabulous restaurants, golf courses, boating, fishing, beaches all within 5 minutes’ drive!

Cedar Pointe Village 7 Condo

Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

Cedar Pointe Village 7 Condo

This 55+ community is the jewel of the Stuart area condominiums because of it’s location, reasonable condo fees from the high $200′s to the low $300′s per month depending on size and village (each village sets their own budget).  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Village 7 Condo

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Currently a very affordable complex for those looking for a full time Stuart, Florida home or just a winter getaway.

Cedar Pointe Village 7 Condo

Cedar Pointe Village 7 Condo

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Cedar Pointe Condo Village 7 Sold

Hobe Sound FL 33455 Residential Market Report July 2014

Hobe Sound FL 33455 Residential Market Report July 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2014

 

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

There are currently 237 active listings. (Down by 24 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2014

 

80 Residential sales are pending and awaiting close  (Decreased by 15 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2014

 

51 Homes Sold in July (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2014

 

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for July had an excellent month for closed sales.  It appears that the inventory is heading lower and with fewer choices we also have less pending sales.  This may be an indication of less closed sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in June).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in June)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2013 were:  238 active listings, 96 pending sales and 42 closed sales.   Very similar to this year’s numbers with the exception of the pending sales which were higher last year.

Hobe Sound FL 33455 Residential Market Report July 2014

 

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Hobe Sound FL 33455 Residential Market Report July 2014

Jensen Beach FL 34957 Condo Market Report July 2014

Jensen Beach FL 34957 Condo Market Report July 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2014

 

For July 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 30 active listings. (Down 1 condo from June)

Jensen Beach FL 34957 Condo Market Report July 2014

 

13 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2014

 

1 Condos Sold (Down by 2 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2014

 

 The Jensen Beach FL 34957 Condo Market Report July 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped in June’s and available condos for sale remained unchanged for the month and dropped by one for July.  Pending sales increased by 3 condos and closed sales were off to only 1.  The increase in pending sales should result in some additional closed sales in the near future.

The one month absorption rate for the July 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 30 months (10.3 months in June), back into a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2013 numbers were: 31 active listings, 19 pending sales and 9 condos closed.   Pretty dismal July 2014 when compared to last year.

Jensen Beach FL 34957 Condo Market Report July 2014

 

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Jensen Beach FL 34957 Condo Market Report July 2014

Jensen Beach FL 34957 Residential Market Report July 2014

Jensen Beach FL 34957 Residential Market Report July 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2014

 

 For July 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 104 active listings. (Decreased by 18 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2014

 

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

Jensen Beach FL 34957 Residential Market Report July 2014

 

29 Homes Sold (Up by 4 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2014

 

The Jensen Beach FL 34957 Residential Market Report showed a nice rebound from reduced June activity.  Both pending and closed sales rose.  Unfortunately the active inventory dropped for the month making for fewer choices for Jensen Beach buyers.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.6 months (4.9 months in June).  Still a strong 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 July 2013 numbers were: 122 active listings, 72 pending sales and 24 home sales closed.  Better activity this year.  Especially when considering the reduced inventory.  The Jensen Beach residential real estate market is currently the most active in Martin County.
Jensen Beach FL 34957 Residential Market Report July 2014 

Jensen Beach, FL Real Estate

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report July 2014

 

Palm City FL 34990 Condo Market Report July 2014

Palm City FL 34990 Condo Market Report July 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2014

 

For July 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 59 active condo listings. (Up by 3 condos from June)

Palm City FL 34990 Condo Market Report July 2014

 

6 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)

Palm City FL 34990 Condo Market Report July 2014

 

1 Condos Sold in July. (Down by 2 condos from June)

Palm City FL 34990 Condo Market Report July 2014
 

The Palm City FL 34990 condo real estate market continues to struggle with weak numbers.  The inventory rose again while closed sales declined to a single sale for July.  Pending sales improved by one unit, though it’s still a anemic number.  The Palm City condo market is quite small and inferences into the more general condo market should not be made.

The current absorption rate for condos in the 34990 zip code area rose to 59 months (was 18.7 months in June).   A strong buyers 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 July 2013 numbers were: 54 active listings, 9 pending sales and 6 closed sales.   Considerably better activity in 2013 as compared to this July.
 
Palm City FL 34990 Condo Market Report July 2014
 

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Palm City FL 34990 Condo Market Report July 2014

Palm City FL 34990 Residential Market Report July 2014

Palm City FL 34990 Residential Market Report July 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2014

 

For June 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 432 active listings (A decrease of 12 homes from June)

Palm City FL 34990 Residential Market Report July 2014

 

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

Palm City FL 34990 Residential Market Report July 2014

 

73 Homes Sold in June (Down by 21 homes from June)

Palm City FL 34990 Residential Market Report July 2014

 

    A weaker month of activity in July for the Palm City FL 34990 residential real estate market.  All measured activity declined for the month.  
 
     The current absorption rate increased to 5.9 months from 4.7 months in June, putting the Palm City residential real estate market back into a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

     The July 2013 numbers were:  360 active listings, 153 pending sales and 70 closed sales.  Similar closed numbers to last year, though with a much greater inventory.

Palm City FL 34990 Residential Market Report July 2014

 

Palm City, FL Real Estate

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report July 2014

Stuart FL 34997 Condo Market Report July 2014

Stuart FL 34997 Condo Market Report July 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2014

 

For July 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 61 active condo listings (Down by 6 condos from June).

Stuart FL 34997 Condo Market Report July 2014

 

28 Condo sales are pending and awaiting close or lender approval (Unchanged from June).

Stuart FL 34997 Condo Market Report July 2014

 

21 Condos Sold in July (Increased by 6 condos from June).

Stuart FL 34997 Condo Market Report July 2014

 

Better activity for the Stuart FL condo market for zip code 34997 in July of 2014.  Interestingly this segment of the Stuart condo market is the only one with a decrease in inventory for July.  Pending sales remained strong and closed sales increased.

The one month absorption rate dropped to 2.9  months from last months 4.7.  A very hot sellers 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 July 2013 numbers were: 80 active listings, 31 pending sales and 12 closed sales.  2014 continues to show better results than last July.

Stuart FL 34997 Condo Market Report July 2014

 
 
 

 

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2014

 

 

Stuart FL 34997 Residential Market Report July 2014

Stuart FL 34997 Residential Market Report July 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2014

 

There are currently 362 active listings (Decreased by 19 homes from June).

Stuart FL 34997 Residential Market Report July 2014

 

189 Residential sales are pending and awaiting close or lender approval (Increased of 4 homes from June).

Stuart FL 34997 Residential Market Report July 2014

 

78 Homes Sold in July (Decreased by 2 homes from June)

Stuart FL 34997 Residential Market Report July 2014

 
      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales.  A second month of increased pending sales, though it is also a second month of decreased closed activity.  Inventory also decreased for the month.
 
 
     The current one month absorption rate decreased to 4.6 months (was 4.8 months for June).  A sellers 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 2013 numbers for July, were: 331 active listings, 166 pending listings and 62 closed sales.  For the 34997 zip code of Stuart, market activity is stronger for this year as compared to July of 2013.
 
Stuart FL 34997 Residential Market Report July 2014
 
 

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Stuart FL 34997 Residential Market Report July 2014

Stuart FL 34996 Condo Market Report July 2014

Stuart FL 34996 Condo Market Report July 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2014

For July 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 143 active condo listings (Up by 4 condos from last month).

Stuart FL 34996 Condo Market Report July 2014

 

 45 Condo sales are pending and awaiting close or lender approval (Increased by 12 condos from June).

Stuart FL 34996 Condo Market Report July 2014

 

11 Condos Sold in July (Decreased by 6 condos from June) 

Stuart FL 34996 Condo Market Report July 2014

 

Typically the summer in the Stuart FL 34996 Condo Market has reduced activity.   For July, though, there was an excellent increase in pending sales which bodes well for future closed activity.  Unfortunately closed sales were off for July which, if you’ve read my previous market reports was expected.  Inventory rose for the month as well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 13 months from June’s 8.2 months .  The second month of a buyers market after more than a year of strong activity.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2013 were: 176 active listings, 32 pending sales and 16 closed sales.  Better closed activity last year, though the pending sales are much better for 2014.

Stuart FL 34996 Condo Market Report July 2014

 

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Stuart FL 34996 Condo Market Report July 2014