Pierpoint Yacht Club Condo SOLD Stuart Florida

Pierpoint Yacht Club Condo SOLD Stuart Florida

 

Pierpoint Condo in Building B, Suite 81 has sold thanks to the Gabe Sanders BlueWater Realty team.  The new owner is very excited as she has been renting in Pierpoint for a few years and waiting for the perfect unit to come on the market.

 Pierpoint Condos for Sale in Stuart FL

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock.  First floor, end unit overlooking a peaceful courtyard and pond with a fountain.  Clean, freshly painted, vacant unit just perfect for you!

Pierpoint Condos for Sale in Stuart FLLocated in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos for Sale in Stuart FLPierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

 Pierpoint Condos for Sale in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

 Pierpoint Condos for Sale in Stuart FL

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Pierpoint Yacht Club Condo SOLD Stuart Florida

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Another Pinecrest Lakes Home Sold

Another Pinecrest Lakes Home Sold

 

Front of Pinecrest Lakes Homes for Sale

2944 NE Loquat Lane in Pinecrest Lakes of Jensen Beach has been sold by the BlueWater Realty team of Stuart.  The sales price was $395,000.  For up to date valuations and market activity in Pinecrest Lakes, please call us.

Living Room of Pinecrest Lakes Homes for Sale

One of a Kind – Gorgeous Family Home in Pinecrest Lakes. 4 bedrooms, 3 full baths, 2 car garage. Home has been lovingly cared for by the original owners.  Kitchen has been fully updated with granite counters and new appliances.  Large, private pool area with back yard backing up to a lake.  Highly rated Jensen Beach Schools are all nearby.  Large half acre lot with so many beautiful trees, including the nicest mango tree in Pinecrest Lakes.

Kitchen of Pinecrest Lakes Homes for Sale

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area.  Consequently this community has a distinctive feel and flavor.  All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots.  None of the homes are identical and all types of construction and paint schemes are allowed.

Master BR of Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located in Martin County’s “A” rated school district.  The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students.  Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

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Another Pinecrest Lakes Home Sold

Sewalls Landing Pool Home for Sale Open House

 

Open House:
March 09, Sunday
12:00 PM – 2:00 PM
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1435 NE High Hammock Court
Jensen Beach, FL
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Sewalls Landing Pool Home for Sale

$ Click for current price
3 BEDROOMS
3 BATHROOMS ( 2 full, 1 half )
2009 Square Feet

Beautiful home in the desirable gated community of Sewalls Landing. Open floor plan, breakfast bar, eat-in kitchen with granite counters, stainless steel appliances, kitchen pass-thru to the pool area, master bath has garden tub & separate shower vaulted ceilings, lots of natural light, large screened patio, large yard is heavily landscaped. Furniture can be purchased separately.  Close to the Intracoastal waterway, beaches as well as both downtown Stuart and Jensen Beach.  Great school district as well!

   

Inlet Village Condo Under Contract on Hutchinson Island

 

Inlet Village Condo Under Contract on Hutchinson Island
Inlet Village in Indian River Plantation

Another beautifully updated Inlet Village Condo in Indian River Plantation is under contract on Hutchinson Island in Stuart FL.  Offered for $160,000, this Hutchinson Island Condo in the Inlet Village section of Indian River Plantation is now no longer available.  Inlet Village on Hutchinson Island is an excellent condominium complex with 3 buildings and a dedicated community pool on the shores of the Intracoastal (the Indian River).  Two buildings are waterfront and the third is just off the water with lakeside views of the golf course at Indian River Plantation as well as sweeping vistas of .Inlet Village in Indian River Plantation

Awesome &  Beachy best describe this rare and completely remodeled and upgraded Inlet Village one bedroom, one and a half bath spacious condo with lots of storage.   Come experience this pristine condo that has not been rented since the 2006 remodel. This unit has been extensively upgraded, effective 2006, to include the entire kitchen, bedrooms, bathrooms, ceilings, and patio. Offered furnished with some sentimental items excluded. This is a rental or year round opportunity. Inlet Village is a pet friendly complex and the Indian River Plantation community offers Golf, Tennis Beaches, and a Marina.

Inlet Village in Indian River PlantationInlet Village in Indian River PlantationAmenities include a shuttle tram, access to the beach club, tennis courts, fitness center and executive golf course. There’s also a full service marina with dockage for large boats (check availability). Carefree Florida living at it’s finest!

Inlet Village in Indian River PlantationInlet Village in Indian River Plantation

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Inlet Village Condo Under Contract on Hutchinson Island



Updated Rocky Point Pool Home for Sale Reduced

 
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5478 SE Major Way
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Updated Rocky Point Pool Home for Sale Reduced

$ Click for current price
3 BEDROOMS
3 BATHROOMS ( 3 full )
2196 Square Feet

Beautiful 3 bedroom 3 full bath oversized 2 car garage home on a huge lot in Rocky Point. Home has recently been remodeled. Kitchen has new cabinets, counters and stainless steel appliances. New carpet in large bedrooms. New tile with wood look in other areas of the home. Bathrooms nicely updated.  The 3rd full bath is located in the garage. Pool completely resurfaced. Ready to move into!

 
   

830 SW 31st Street Palm City Homes for Sale Reduced

 

830 SW 31st Street Palm City Homes for Sale Reduced
Overview
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Description
RE Show
$129,900
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Interior: 1,232 sqft
Lot: 0.17 acre(s)
Location
830 SW 31st Street
Palm City, FL 34990
USA
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Pinecrest Lakes Homes For Sale Under Contract

Pinecrest Lakes Homes For Sale Under Contract

 

Front of Pinecrest Lakes Homes for Sale

2944 NE Loquat Lane in Pinecrest Lakes of Jensen Beach is under contract courtesy of the BlueWater Realty team of Stuart.

Living Room of Pinecrest Lakes Homes for Sale

One of a Kind – Gorgeous Family Home in Pinecrest Lakes. 4 bedrooms, 3 full baths, 2 car garage. Home has been lovingly cared for by the original owners.  Kitchen has been fully updated with granite counters and new appliances.  Large, private pool area with back yard backing up to a lake.  Highly rated Jensen Beach Schools are all nearby.  Large half acre lot with so many beautiful trees, including the nicest mango tree in Pinecrest Lakes.

Kitchen of Pinecrest Lakes Homes for Sale

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area.  Consequently this community has a distinctive feel and flavor.  All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots.  None of the homes are identical and all types of construction and paint schemes are allowed.

Master BR of Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located in Martin County’s “A” rated school district.  The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students.  Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

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Pinecrest Lakes Homes For Sale Under Contract

Coming Soon Conquistador Condo for Sale in Stuart FL

 
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1800 SE Saint Lucie Blvd.
Stuart, FL
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Conquistador Condo for Sale in Stuart FL

$ Click for current price
2 BEDROOMS
2 BATHROOMS ( 2 full )
1150 Square Feet

Exceptionally well maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2 acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door. This is the first time this condo has been on the market. An updated 2 BR, 2 BA home with granite counters and resilient flooring. Newer top of the line AC. This is a pet friendly building with up to one large dog permitted. Third floor (top floor) in an elevator building with peaks of the golf course. Close to downtown Stuart, restaurants, shopping, boating and our beaches. 

 
   

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

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

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

There are currently 171 active condo listings (Down by 2 condos from last month).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

 

49 Condo sales are pending and awaiting close or lender approval (Increased by 20 condos from December).

 Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

15 Condos Sold in January (Down by 6 condos from December) 

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

For the Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014, a little bit of mixed results to start the year.  One of our few areas with a continued decrease in inventory, but this could be a result of the big jump in pending sales which took 49 condos off the active rolls.  Closed sales were down by 6 condos which is disappointing.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 11.4  months from December’s 8.2.  Still a buyers market for January 2014.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2012 were: 218 active listings, 54 pending sales and 13 closed sales.  Inventory levels are still below those of 2013, yet the market activity is considerably better.

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

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Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code January 2014

Affordable Jensen Beach Home for Sale Just Listed

 
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MLS#: 374264
 
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1550 NE Media Ave
Jensen Beach, FL
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Affordable Jensen Beach Home for Sale

$ Click for current price
2 BEDROOMS
2 BATHROOMS ( 2 full )
1204 Square Feet

In the heart of Jensen Beach. Close to the river, beaches, restaurants, and the sailing center. Very desirable area of Jensen Beach. Pergo floors in bedrooms. Large fenced in the back yard with RV and/or boat parking. Updates to home include all new plumbing, new insulation in the attic, new pump for sprinkler system, new kitchen counter, septic tank recently cleaned. Dining room light fixture does not convey. Shelves and cabinets in garage are negotiable.

 
   

Sewalls Point Homes for Sale and Sold Report January 2014

Sewalls Point Homes for Sale and Sold Report January 2014

Sewalls Point Real Estate Snapshot, Residential Sales for January 2014

 

There are currently 54 active listings (an increase of 11 homes for sale from December)

Sewalls Point Homes for Sale and Sold Report January 2014

4 Residential sales are pending and awaiting close or lender approval (Down by 4 homes from last month)

Sewalls Point Homes for Sale and Sold Report January 2014

12 Homes sold in December (Up by 4 homes from December)

Sewalls Point Homes for Sale and Sold Report January 2014

Mostly a strong start for the Sewalls Point market activity to begin 2014.   Up to 9 closed sales for January, which is a nice increase.   There was also a nice jump in available homes for sale this month.  The only negative was a decrease in pending sales, which will most likely result in a smaller number of closed sales in February.

The absorption rate decreased to 6 months compared to last months 8.6 months.  Now a balanced market in Sewalls Point.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January 2013, the inventory was 49 homes on the market, 7 pending sales and there were 2 closed sales.  As in many of our other area, we are beginning to see increased inventory.  Also, better closed sales as there is more homes to choose from.

Sewalls Point Homes for Sale and Sold Report January 2014

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Sewalls Point Homes for Sale and Sold Report January 2014

 

February 2014 Market Update for Fairwinds Cove Condos in Jensen Beach

February 2014 Market Update for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove Condos in Jensen Beach, FL., Market Update for February 2014:


There are currently 5 active listings on the market ranging in price from $155,000 to $198,000 for an average of $156.18 per square ft. of living area.  None of these sales are distressed properties (short sales, foreclosures and/or bank owned).

There are no condos under contract at this time.

In the past 12 months, 11 condos have sold ranging in sales prices from $112,000 to $205,000 with an average price per square foot of $137.17 and a list to sales price ratio of 93%.   There were 3 bank owned foreclosures in these sales.

Fairwinds Cove Condos in Jensen Beach

Aerial View of Fairwinds Cove


Fairwinds Cove Condos in Jensen Beach

Entrance to Fairwinds Cove

 

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).
 
Fairwinds Cove Condos in Jensen Beach

Pool at Fairwinds Cove

Fairwinds Cove Condos in Jensen Beach

Docks of Fairwinds Cove

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove

Fairwinds Cove is a non-age restricted community that allows one small pet.  There is a strong sense of community with many long time seasonal and full time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach  as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove Condos in Jensen Beach

Fitness Room of Fairwinds Cove

 

February 2014 Market Report for the Maritimes Condos and Townhomes Condos on Hutchinson Island

February 2014 Market Report for the Maritimes Condos and Townhomes Condos on Hutchinson Island

As of February 2014, there are 4 condos on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  Listing prices range from $210,000 to $499,000 with an average list price of $199.68 per sq. ft. of living area.  None of these condos are distressed sales.  (No foreclosure, bank owned or short sales.)

No current the Maritimes Condos and Townhomes listings are pending (under contract” at this time).

There have been 3 condos sold in the past 12 months in the Maritimes Condos and Townhomes.  The sales prices ranged from $295,000 to $525,000 for an average of $271.52 per sq. ft. of living area and these sales were at 95% of the listing prices.

Maritime Condos and Townhomes on Hutchinson Island

Entrance to the Maritimes

 

Maritime Condos and Townhomes on Hutchinson Island

Beach Access at the Maritimes

The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL.  Offering larger than normal homes on both the river and Oceanside settings.  The riverside (or Maritimes West has a lovely private sand beach with kayak storage for those not wishing to play in the surf or for those days when the it’s a bit windy on the beach side.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean. 

 

Maritime Condos and Townhomes on Hutchinson Island

Docks of the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Views from the Maritimes

The Maritimes condos were constructed between 1975 and 1988.  With the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos to over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

Maritime Condos and Townhomes on Hutchinson Island

Kayak Storage at the Maritimes



Maritime Condos and Townhomes on Hutchinson Island

River views from the Maritimes



Maritime Condos and Townhomes on Hutchinson Island

Tennis Court of the Maritimes


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February 2014 Market report for the Maritimes Condos and Townhomes Condos on Hutchinson Island

Martin County Condo Sales Report December 2013

Martin County Condo Sales Report December 2013

 Commentary:

The Martin County Florida Condo Sales report for December 2013 ended the year with some modestly positive gains.  Closed sales for December were up to 69 units as compared to 54 for December of 2012 and 47 for last month.  The median price made a big jump to $165,000 as compared to last year’s $100,950 and last month’s $125,000.  Inventory decreased for the first time in three months, and we continue to have fewer condos available for sale as compared to 2012.

The one month absorption rate dropped to 8.07 months from last months 11.91 months, while the three-month average is now at 9.73 months (compared to last year’s 12.06).  The condo market for Martin County continues to be a buyers market though the numbers continue to improve.  Generally an absorption rate of 6 or 7 months is considered a balanced market.

Considering that December is typically a weak month for the condo market, we did very well for the close of 2013.

Click on the charts for a larger view:

Martin County Condo Sales Report December 2013

Absorption rate for Martin County Condo Sales Report December 2013

 The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Martin County Condo Sales Report December 2013

Volume graph for Martin County Condo Sales Report December 2013

 

Martin County Condo Sales Report December 2013

Price graph for Martin County Condo Sales Report December 2013

 

Martin County Condo Sales Report December 2013

Trend for Martin County Condo Sales Report December 2013



 Data compiled from the Realtor Association of Martin County

Martin County Condo Sales Report December 2013

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Condo Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

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February 2014 Market report for Suntide Condos on Hutchinson Island

February 2014 Market report for Suntide Condos on Hutchinson Island

As of February 2014, there are 4 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices range from $195,000 to $289,000 with an average list price of $167.04 per sq. ft. of living area.  None of these condos are distressed sales.  (No foreclosure, bank owned or short sales.)

No current Suntide listings are pending (under contract” at this time.

There have been 3 condos sold in the past 12 months in Suntide.  The sales prices ranged from $170,000 to $275,000 for an average of $147.46 per sq. ft. of living area.

Suntide Condos on Hutchinson Island

Pool for Suntide Condos

Suntide Condos on Hutchinson Island

Sun Deck of Suntide Condos

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.
Suntide Condos on Hutchinson Island

Beach access for Suntide Condos

Suntide Condos on Hutchinson Island

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

Suntide Condos on Hutchinson Island

Entrance to Suntide Condos

Suntide Condos on Hutchinson Island

Fitness Room in Suntide Condos

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February 2014 Market report for Suntide Condos on Hutchinson Island

Waterfront Indian River Drive Home Sold

Waterfront Indian River Drive Home Sold

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.  Please call or continue watching this site for details to be published soon.

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

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Waterfront Indian River Drive Home Sold

 

Martin Downs Country Club Home Sold

Martin Downs Country Club Home Sold

Sorry, but you waited to long to make an offer on this Martin Downs Country Club Home for Sale.  4144 SW Osprey Creek Way in the Martin Down Country Club has now sold.  The sales price was $170,000.

Rarely on the market. 2 bedroom plus den/office or possible 3 bedroom, 2 bathroom, 1 car garage home in Martin Downs Country Club.  Private rear paver patio that’s perfect for entertaining.  Large kitchen with breakfast area, separate dining, Florida and living rooms.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social.  Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.  Live the country club lifestyle at an affordable price.

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Martin Downs Country Club Home Sold

Updated Rocky Point Pool Home for Sale

 
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License #:
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5478 SE Major Way
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Updated Rocky Point Pool Home for Sale

$ Click for current price
3 BEDROOMS
3 BATHROOMS ( 3 full )
2196 Square Feet

Beautiful 3 bedroom 3 full bath oversized 2 car garage home on a huge lot in Rocky Point. Home has recently been remodeled. Kitchen has new cabinets, counters and stainless steel appliances. New carpet in large bedrooms. New tile with wood look in other areas of the home. Bathrooms nicely updated.  The 3rd full bath is located in the garage. Pool completely resurfaced. Ready to move into!

L2L Property Websites WP
   

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2013

For December 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 173 active condo listings (Down by 5 condos from last month).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

29 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from November).Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

 

21 Condos Sold in December (Up by 4 condos from November)  Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Like many of the other areas in Martin County, closed sales rose, inventory decreased and pending sales were off, in the real estate market in the Stuart Florida Market Report ZIP Code 34996 for Condos for December 2013. 

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 8.2 months from November’s 10.5.  Still a buyers market for December of 2013, but approaching a balanced one.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2012 were: 216 active listings, 29 pending sales and 14 closed sales.  Considerably improved numbers from year to year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market: Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

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Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Sewalls Point Homes for Sale and Sold Report December 2013

Sewalls Point Homes for Sale and Sold Report December 2013

Sewalls Point Real Estate Snapshot, Residential Sales for December 2013

 

There are currently 43 active listings (a decrease of 3 homes for sale from November)Sewalls Point Homes for Sale and Sold Report December 2013

 

8 Residential sales are pending and awaiting close or lender approval (Up 1 home from last month)Sewalls Point Homes for Sale and Sold Report December 2013

 

5 Homes sold in November (Up by 4 homes from November) Sewalls Point Homes for Sale and Sold Report December 2013

After a disappointing November, the Sewalls Point market activity rebounded a bit for December 2013 to end the year fairly well.   Back to 5 closed sales for December.   The inventory decreased again and pending sales had a slight increase.

The absorption rate decreased to 8.6 to  months compared to last months 46 months.  Still a slight buyers’ market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December of 2012, the inventory was 36 homes on the market, 8 pending sales and there were 6 closed sales.  Interestingly we have a higher inventory this year and 1 less sale.  Still better numbers than last month.

Please use the charts below as reference only as they rely on all residential types of property in the Sewalls Point real estate market:Sewalls Point Homes for Sale and Sold Report December 2013

 

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Sewalls Point Homes for Sale and Sold Report December 2013