Sewalls Point, FL Real Estate News

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report November 2015 Sewalls Point Real Estate Snapshot, Residential Sales for November 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 October) 3 Homes sold in November (Down by 5 sales from October) The single family real estate market in Sewalls Point had a poor month for closed sales in November, 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 October it was 7.8 months. a strong buyers market for Sewalls Point. Though, if the trend for impr...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report October 2015 Sewalls Point Real Estate Snapshot, Residential Sales for October 2015  There are currently 62 active listings (Up by 8 homes since last month) 9 home sales are pending and awaiting close or lender approval (Decreased by 6 homes from September) 8 Homes sold in October (Up by 3 sales from September) The single family real estate market in Sewalls Point has shown some steady improvement in the past three months and if this trend continues we may very well find this market to be in balance fairly soon. The current absorption rate dropped to 7.8 months, in September it was 10.8 months. Still a buyers market for Sewalls Point but has been improving steadily for the past three months. A 6 to 7 month absorption rate is considered a balance...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report September 2015 Sewalls Point Real Estate Snapshot, Residential Sales for September 2015  There are currently 54 active listings (Down by 5 homes since last month) 15 home sales are pending and awaiting close or lender approval (Decreased by 1 homes from August) 5 Homes sold in September (Up by two sales from August) The single family real estate market in Sewalls point continues to struggle, though there was some improvement for this month as compared to the last few reporting periods. Sales appear to be picking up in Sewalls Point and at a good price point for both buyers and sellers. The current absorption rate dropped to 10.8 months, in August it was 19.7 months. Still a buyers market for Sewalls Point. With pending sales rising, this may be ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report August 2015 Sewalls Point Real Estate Snapshot, Residential Sales for August 2015   There are currently 59 active listings (Up by 1 homes since last month) 16 home sales are pending and awaiting close or lender approval (Increased by 4 homes from July) 3 Homes sold in August (Down by two sales from July) The single family real estate market in Sewalls point continues to struggle, but with increased pending activity we may see a nice improvement in the coming season.  Prices are once again going up in this market and it seems that the days of the bargain may be approaching an end for now. The current absorption rate jumped to 19.7 months, in July it was 11.6 months. A very strong buyers market. With pending sales rising, this may be an excellent...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
September 2015 Market Update for Castle Hill Sewalls Point There are currently 3 homes for sale in Castle Hill.  The listing prices range from $759,000 to 2,335,000.  The average list price is $1,397,666 which equals $347.84 per sq. ft. of living area. There are currently no homes under contract, pending a sale. In the past 12 months, 4 Castle Hill homes have sold. Sale prices were from $650,000 to $1,150,000 for an average of $811,250 or $230.69 per sq. ft. of living area.  These homes sold in an average of 55 days for 94% of the list price. Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida. This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Cl...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Plantation at Sewalls Point September 2015 Market Report In September of 2015 there are 4 homes listed in the Plantation at Sewalls Point.  List prices range from $1,050,000 to $6,500,000 for an average list price of $3,233,750 which equals $399.51 per sq. ft. of living area. There are no homes under contract at present in the Plantation at Sewalls Point. In the past 12 months, there have been no sales in the Plantation at Sewalls Point. The Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report July 2015 Sewalls Point Real Estate Snapshot, Residential Sales for July 2015   There are currently 58 active listings (Decreased by 3 homes since last month) 12 home sales are pending and awaiting close or lender approval (Down by 3 homes from June) 5 Homes sold in July (Up by two sales from June) The Sewalls Point single family homes market continues to face some challenging volume of sales, though there were some excellent closings on the higher end of the market for June.  Also, a nice decrease in inventory will bring back some activity for the near future to Sewalls Point. The current absorption rate dropped to 11.6 months, in June it was 20.3 months. Still plenty of room for improvement.  A 6 to 7 month absorption rate is considered a bala...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
July 2015 Archipelago Real Estate of Sewalls Point Market Update For July of 2015 there are two active listings on the market in the Archipelago of Sewalls Point.  Listing prices are $1,550,000 and $1,995,000 for an average list price of $1,772,500 or $540.84 per sq. ft. There are no homes are currently under contract. In the past 12 months, there have been no homes sold in the Archipelago of Sewalls Point. The last sale was just outside a year on 4/30/2014 which was a $735,000 sale price. Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report June 2015 Sewalls Point Real Estate Snapshot, Residential Sales for June 2015   There are currently 61 active listings (Decreased by 8 homes since last month) 15 home sales are pending and awaiting close or lender approval (Up by 3 homes from May) 3 Homes sold in June (Unchanged from May) The Sewalls Point single family homes market continues to face slow sales activity even as the surrounding areas are seeing some very strong growth.  There is some good news with the increased pending activity which will hopefully translate to more closed sales in the near future. The current absorption rate decreased slightly to 20.3 months, in May it was 23 months. Lots of room for improvement.  A 6 to 7 month absorption rate is considered a balanced market w...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report May 2015 Sewalls Point Real Estate Snapshot, Residential Sales for May 2015   There are currently 69 active listings (Decreased by 10 homes since last month) 12 home sales are pending and awaiting close or lender approval (Up by 1 homes from April) 3 Homes sold in May (Decreased by 3 homes from April) The Sewalls Point single family homes market continues to face slow sales activity even as the surrounding areas are seeing some very strong growth.  The inventory declined for the month and there are some good pending numbers, but closed sales were off for May. The current absorption rate increased to 23 months, in April it was 13.2 months. Lots of room for improvement.  A 6 to 7 month absorption rate is considered a balanced market where neither ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report April 2015 Sewalls Point Real Estate Snapshot, Residential Sales for April 2015   There are currently 79 active listings (Increased by 7 homes since last month) 11 home sales are pending and awaiting close or lender approval (Down by 6 homes from March) 6 Homes sold in April (Increased by 3 homes from March) The Sewalls Point single family homes market activity remains challenging for sellers.  Though buyers have some excellent choices and opportunities at the present time.  Closed sales doubled from last month, though the inventory is quite high and pending sales decreased. The current absorption rate dropped to 13.2 months, in March it was 24 months. Much improved from last month, but still a buyer’s market.  A 6 to 7 month absorption rate is ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report March 2015 Sewalls Point Real Estate Snapshot, Residential Sales for March 2015   There are currently 72 active listings (Increased by 4 homes since last month) 17 home sales are pending and awaiting close or lender approval (Up by 9 homes from February) 3 Homes sold in March (Unchanged from February) The Sewalls Point single family homes market activity continues to have some difficulties, though there is some glimmer of better activity to come with a large increase in pending sales for this month.  Closed sales remained unchanged and the inventory was up by four homes. The current absorption rate rose to 24 months, in February it was 22.7 months.  Sewalls Point single family home sales remain in an extreme buyers market for March.  A 6 to 7 mo...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
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) 8 home sales are pending and awaiting close or lender approval (Down by two homes from January) 3 Homes sold in February (Unchanged from January) 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 nei...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
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) 8 home sales are pending and awaiting close or lender approval (Down by two homes from January) 3 Homes sold in February (Unchanged from January) 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 nei...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report January 2015 Sewalls Point Real Estate Snapshot, Residential Sales for January 2015   There are currently 58 active listings (No change since last month) 10 home sales are pending and awaiting close or lender approval (Up by two homes from December) 3 Homes sold in January (Decreased by 2 home from December) The Sewalls Point single family homes market activity continues to have some difficulties. The inventory remains at a good level and pending sales were up a bit for January, but only three sales for last month. The current absorption rate is 19.3 months, in December it was 11.6 months.  Sewalls Point single family home sales remain in a pretty extreme buyers market for January.  A 6 to 7 month absorption rate is considered a balanced market...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report December 2014   Sewalls Point Real Estate Snapshot, Residential Sales for December 2014   There are currently 58 active listings (Up by 1 home October) 8 Residential sales are pending and awaiting close or lender approval (No change from last month) 5 Homes sold in December (Decreased by 1 home from October) The Sewalls Point single family homes market activity for December 2014 continues to struggle, though there were three luxury sales in December for the high end market.  While this is an improvement from the summer months, there’s still plenty of room for growth.  Closed sales were down by 1 home while the inventory rose bu 1 also.  Pending sales remained unchanged. The current absorption rate is 11.6 months, in September it was 9.5 months....
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
January 2015 Market Update High Point Sewalls Point As of January 2015, there are 3 homes available for sale on High Point and High Point Isle in Sewalls Point, FL.   Listing prices range from $1,199,000 to $2,495,000.  The average listing price is 1,848,000 which equals $526.00 per square foot of living area.  There are no short sales or foreclosures in the available listings. There is one High Point home under contract and awaiting close.  The list price is $3,900,000 or $739,20 per sq. ft. of living area. In the past 12 months, 7 High Point homes have sold.  Sales prices ranged from $375,000 to $2,600,000 for an average sales price of $1,076,714 which equals 284.34 per sq. ft. of living area and an 87% list to sales ratio.  Of these sales, one was a short sale. Located on the souther...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report November 2014 Sewalls Point Real Estate Snapshot, Residential Sales for November 2014   There are currently 57 active listings (Up by 12 homes October) 8 Residential sales are pending and awaiting close or lender approval (No change from last month) 6 Homes sold in November (Increased by 4 homes from October)   The Sewalls Point single family homes market activity for November 2014 finally had a nice little increase in closed sales after a pretty dismal summer.  While this is an improvement, it’s still no very good.  Inventory rose for the month while pending sales remained unchanged. The current absorption rate is 9.5 months, in September it was 22.5 months.  Sewalls Point remains a buyers market for November.  A 6 to 7 month absorption rate i...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Single Family Market Report October 2014 Sewalls Point Real Estate Snapshot, Residential Sales for October 2014   There are currently 45 active listings (Unchanged from September)   8 Residential sales are pending and awaiting close or lender approval (Up by 1 home from last month)   2 Homes sold in October (Increased by 2 homes from September)   The Sewalls Point single family homes market activity for October 2014 had two closed sales after nothing last month.  While this is an improvement, it’s still no very good.  Inventory was steady and pending sales rose by 1 home. The current absorption rate is 22.5 months, in August it was 5.6 months.  This is an extreme buyers market for October.  A 6 to 7 month absorption rate is considered a balanced market where neither the s...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
  Sewalls Point Homes with a Guest Home Homes for sale in Sewalls Point with either an attached or detached guest home or apartment.   83 River RD, Stuart, FL 34996 View Photo Gallery (25) $7,350,000 Bedrooms: 5 Total Baths: 11 Partial Baths: 3 Square Feet: 13,675 Status: Active Unique and unparalleled in design and construction this home was built to the highest standards with no expense spared! All main living areas offer a seamless interaction between indoor and... Listing ID: 369359 MCMLS   71 River RD, Stuart, FL 34996 View Photo Gallery (25) $4,995,000 Bedrooms: 4 Total Baths: 4 Partial Baths: 1 Square Feet: 8,513 Status: Active Rare opportunity to own an historical estate! Originally built by the Carnegie family in the 1920's, this grand residence was designed in the Mizner style...
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