Special offer

Sewalls Point Single Family Market Report October 2016

By
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 October 2016

Sewalls Point Real Estate Snapshot, Residential Sales for October 2016

 

There are currently 79 active listings (Up by 10 homes since last month)

Sewalls Point Single Family Market Report October 2016

10 home sales are pending and awaiting close or lender approval (Unchanged from September)

Sewalls Point Single Family Market Report October 2016

6 Homes sold in October (Decreased by 1 home sales from September)

Sewalls Point Single Family Market Report October 2016

The single family real estate market in Sewalls Point took a step back for October 2016 after improving numbers throughout the summer.  Pending and closed sales remained fairly steady but the inventory of available homes jumped up unexpectedly.

The current absorption rate jumped to 13.2 months, in September it was 9.9 months.  Retreating from the improved numbers for last month.  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 October of 2015, the inventory was 62 homes on the market, 9 pending sales and there were 8 closed sales.  October 2015 showed greater closed activity, slightly less pending activity though this was with considerably less inventory.

Sewalls Point Single Family Market Report October 2016

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report October 2016

 

Comments (9)

Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Gabe Sanders - Your buyers and sellers certainly will get a great picture of how the market is doing in Sewalls Point Florida. They should tap into your expertise to help them. 

Nov 16, 2016 04:24 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - Anyone following the Sewalls Point area is going to appreciate your real estate market updates!  Great information!

Nov 16, 2016 04:59 AM
1~Judi Barrett
Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

This is great information to share with anyone interested in the home market in Seawalls Point!

Nov 16, 2016 05:51 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe excellent write up on Seawalls point. Easy to understand data for your clients to stay on top of the market

Nov 16, 2016 08:46 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

This is wonderful real estate information on Sewall's Point single family homes for sale. Both buyers and sellers will find this information very useful. 

Nov 16, 2016 10:21 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate market reports.

Nov 16, 2016 10:35 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.

Dec 05, 2016 10:44 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.

Dec 05, 2016 10:44 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

Dec 05, 2016 10:45 AM