Sewalls Point Single Family Market Report November 2016

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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 November 2016

Sewalls Point Real Estate Snapshot, Residential Sales for November 2016

 

There are currently 74 active listings (Down by 5 homes since last month)

Sewalls Point Single Family Market Report November 2016

11 home sales are pending and awaiting close or lender approval (Increased by 1 home from October)

Sewalls Point Single Family Market Report November 2016

2 Homes sold in November (Decreased by 4 homes sales from October)

Sewalls Point Single Family Market Report November 2016

The single family real estate market in Sewalls Point took a second step backward for November 2016 after improving numbers throughout the summer.  Pending sales remained steady but a considerable drop in closed sales.  At least the inventory declined slightly.

The current absorption rate skyrocketed to 37 months, in October it was 13.2 months.  Hopefully we’ll see this number go down as we enter the winter season in the next few months.  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 November of 2015, the inventory was 51 homes on the market, 13 pending sales and there were 3 closed sales.  November 2015 was a much better month for Sewalls Point real estate than this year.

Sewalls Point Single Family Market Report November 2016

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report November 2016

 

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Location:
Florida Martin County Sewalls Point
Groups:
All Things Florida
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Tags:
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Rainmaker
4,500,645
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

Dec 19, 2016 04:20 PM #1
Rainmaker
992,809
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

what a super report to share with the folks in the area! knowledge is power!

Dec 19, 2016 04:29 PM #2
Rainmaker
1,358,264
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Gabe, those looking to buy or sell a home in Sewalls Point would be wise to contact you. With 74 active listings, there's a home for every buyer, they just need to work with a trusted REALTOR® like yourself.

Dec 19, 2016 05:17 PM #3
Rainmaker
1,449,429
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Hi Gabe, this is great market information for buyers or sellers in Sewell's Point or the greater Stuart area.

Dec 19, 2016 05:53 PM #4
Ambassador
3,585,336
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Sewalls Point market has really bounced back from years past. Buyers and sellers would be wise to call you if they are in the market.

Dec 19, 2016 06:50 PM #5
Rainmaker
4,500,645
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Our cold weather in Maryland will convince more of our retirees to purchase a home in Florida.

Dec 20, 2016 03:31 AM #6
Rainmaker
3,912,533
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying a home  in Sewalls Point  should call you to be their agent.

Dec 20, 2016 04:17 AM #7
Rainmaker
4,147,932
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.

Jan 19, 2017 01:29 PM #8
Rainmaker
4,147,932
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

Jan 19, 2017 01:29 PM #9
Rainmaker
4,147,932
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Your comments are always appreciated!

Jan 19, 2017 01:29 PM #10
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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