Sewalls Point Single Family Market Report December 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 December 2016

Sewalls Point Real Estate Snapshot, Residential Sales for December 2016

 

There are currently 62 active listings (Down by 12 homes since last month)

Sewalls Point Single Family Market Report December 2016

10 home sales are pending and awaiting close or lender approval (Decreased by 1 home from November)

Sewalls Point Single Family Market Report December 2016

11 Homes sold in December (Increased by 9 homes sales from November)

Sewalls Point Single Family Market Report December 2016

The single family real estate market in Sewalls Point showed a surprising surge of activity for December 2016 after two pretty week months in the fall.  Pending sales remained steady and there was a strong increase in closed sales.  The inventory of available homes also declined.

The current absorption rate plunged to 5.6 months, in November it was 37 months.  Into a slight sellers market for Sewalls Point.  It’s been quite a while for Sewalls Point to enjoy such robust activity.  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 2015, the inventory was 51 homes on the market, 13 pending sales and there were 3 closed sales.  Showing much better activity this year as opposed to 2015.

Sewalls Point Single Family Market Report December 2016

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report December 2016

 

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Location:
Florida Martin County Sewalls Point
Groups:
All Things Florida
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Advice for Sellers
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Tags:
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Ambassador
2,744,641
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Wow Gabe Sanders this is a nice market report and shows how invested in the Sewalls Point Single Family market place that you are. Well Done!

Jan 17, 2017 03:01 PM #1
Rainmaker
1,003,164
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

what a super report to share with the buyers and sellers in the area!

Jan 17, 2017 05:43 PM #2
Rainmaker
4,046,080
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you

Jan 18, 2017 07:10 AM #3
Rainmaker
4,649,142
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

Jan 18, 2017 08:24 AM #4
Rainmaker
1,084,490
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - Another excellent real estate market update for the Sewalls Point area!  You're the agent to call first when it comes to real estate in your area!

Jan 18, 2017 01:02 PM #5
Rainmaker
4,306,908
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

Feb 17, 2017 01:04 PM #6
Rainmaker
4,306,908
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.

Feb 17, 2017 01:05 PM #7
Rainmaker
4,306,908
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Feb 17, 2017 01:05 PM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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