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Sewalls Point Single Family Market Report December 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 December 2015
Sewalls Point Real Estate Snapshot, Residential Sales for December 2015  

There are currently 51 active listings (Down by 11 homes since last month)

13 home sales are pending and awaiting close or lender approval (Increased by 4 homes from November)

Sewalls Point Single Family Market Report December 2015

3 Homes sold in December (Down by 5 sales from November)

Sewalls Point Single Family Market Report December 2015

The single family real estate market in Sewalls Point had a poor month for closed sales in December, though other indications of future activity look very positive. The inventory is down to a much more reasonable level from past months and pending sales are also looking very positive.

The current absorption rate climbed to 17 months, in November it was 7.8 months. a strong buyers market for Sewalls Point. Though, if the trend for improving sales continue, this may soon come to an end. 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 2014, the inventory was 57 homes on the market, 8 pending sales and there were 18 closed sales. Considerably better closed activity last year for the Sewalls Point single family home market, though pending sales look better this year.

Sewalls Point Single Family Market Report December 2015

Search below for Sewalls Point Florida Real Estate for Sale

 

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Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report December 2015

 

Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Gabe.  Seventeen months of inventory is awful.  Was that just an anomaly?

Jan 22, 2016 07:37 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Hmmm...looks like there needs to a broom taken to the Sewalls Point !  We know that Gabe Sanders  and the Blue Water team can offer the sales solution.

Jan 22, 2016 07:39 PM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will certainly appreciate your local real estate market reports.

Jan 22, 2016 08:23 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, Home buyers and sellers in the area will appreciate the information.

Jan 22, 2016 08:52 PM
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Gabe,

This is one of your most expensive market, I think. Higher-priced homes tend to linger longer in the market. That is the price of luxury.

Jan 22, 2016 09:47 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, great market update for Sewells Point, and looks like the buyers are snapping up much of the inventory! 

Jan 22, 2016 10:12 PM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Hi there Gabe. Looks like Sewells Point is primed for a good year. I know market reports are important to both buyers, and sellers. 

Jan 22, 2016 11:46 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Gabe --- Sewalls Point looks like a particularly good opportunity for buyers. Regardless of the market conditions, your local expertise will be most beneficial to them as well as sellers who need the knowledge you can share.  

Jan 23, 2016 12:58 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, excellent Sewalls Point Single Family Market. You provide all the tools needed to learn that Gabe Sanders is the Realtor to contact for excellent service.

Jan 23, 2016 11:58 AM
Roy Kelley
Retired - Gaithersburg, MD

Have a great day and an outstanding week.

As they take a look at the deep snow, Maryland retirees are making their definite decisions to move to Florida.

Jan 23, 2016 07:53 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 your comments, always appreciated.

Jun 30, 2016 02:49 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.

Jun 30, 2016 02:49 AM
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

Jun 30, 2016 02:49 AM