Sewalls Point Homes for Sale and Sold Report December 2013
By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Homes for Sale and Sold Report December 2013 Sewalls Point Real Estate Snapshot, Residential Sales for December 2013 There are currently 43 active listings (a decrease of 3 homes for sale from November) 8 Residential sales are pending and awaiting close or lender approval (Up 1 home from last month) 5 Homes sold in November (Up by 4 homes from November) After a disappointing November, the Sewalls Point market activity rebounded a bit for December 2013 to end the year fairly well. Back to 5 closed sales for December. The inventory decreased againand pending sales had a slight increase. The absorption rate decreased to 8.6 to months compared to last months 46 months. Still a slight buyers’ market. A 6 to 7 month absorption rate is considered a balanced market wh...
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