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Sewalls Point Single Family Market Report February 2015

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Sewalls Point Single Family Market Report February 2015

Sewalls Point Real Estate Snapshot, Residential Sales for February 2015

 

There are currently 68 active listings (Increased by 10 homes since last month)

Sewalls Point Single Family Market Report February 2015

8 home sales are pending and awaiting close or lender approval (Down by two homes from January)

Sewalls Point Single Family Market Report February 2015

3 Homes sold in February (Unchanged from January)

Sewalls Point Single Family Market Report February 2015

The Sewalls Point single family homes market activity continues to have some difficulties. The inventory rose by 10 homes this month while pending sales were off and another month with only three sales.

The current absorption rate is 22.7 months, in January it was 19.3 months.  Sewalls Point single family home sales remain in an extreme buyers market for February.  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 February of 2013, the inventory was 55 homes on the market, 17 pending sales and there were 2 closed sales.  Last year saw fewer sales in February, but much better pending activity.

Sewalls Point Single Family Market Report February 2015

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report February 2015

More market reports for martin County nere.

Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

super report to showcase to the buyers and sellers wanting to learn more!

Mar 17, 2015 04:53 AM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Less than 30 days of inventory is what most Seller's dream of!

Mar 17, 2015 05:52 AM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Gabe, we are seeing extremely low inventory and quick sales over here as well. Florida is hot right now! I think everybody is sick of the long, cold winter!

Mar 17, 2015 09:23 AM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Gabe Sanders ...I just stopped by to wish a Happy Saint Patrick's Day!

Great update as always!

Mar 17, 2015 10:58 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Mar 17, 2015 08:34 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for taking the time to leave your comments about the Sewalls Point real estate market.

Mar 18, 2015 08:19 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

May 01, 2016 04:01 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Sewalls Point FL real estate.

May 01, 2016 04:01 AM