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 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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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Sewalls Point Residential Market Report November 2013 Sewalls Point Real Estate Snapshot, Residential Sales for November 2013   There are currently 46 active listings (a decrease of 1 home for sale from October)   7 Residential sales are pending and awaiting close or lender approval (No change from last month) 1 Homes sold in October (Down by 4 homes from October) The November Sewalls Point residential market activity was a bit disappointing.  Only 1 closed sale for November.  Inventory decreased by 1 home and pending sales were also low at 7 homes (unchanged from last month).  Hopefully, this is a result of the slower holiday time period and not an indication of future market activity. The absorption rate skyrocketed to 46 months compared to last months 9.4 months.  A serious buyers’ ...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
  Sewalls Point Homes For Sale | Homes For Sale in Sewalls Point 34996 Search Sewalls Point Homes for Sale Type:All Types Single Family Condo/Townhouse/Co-Op Rental Properties Price: to Beds:Any 1+ 2+ 3+ 4+ 5+ Baths:Any 1+ 1.5+ 1.75+ 2+ 3+ 4+ 5+       1025 Doubloon DriveStuart, FL 34996 $6,400,000 6 beds/7.2 baths Listing courtesy of Sotheby's International Realty 39 NE Lofting WayStuart, FL 34996 $5,850,000 4 beds/5 baths Listing courtesy of Water Pointe Rlty Group 3884 SE Old Saint Lucie BoulevardStuart, FL 34996 $2,000,000 3 beds/3 baths Listing courtesy of Waterfront Prop & Club Communi 9 Quail RunSewalls Point, FL 34996 $515,000 4 beds/3 baths Listing courtesy of Platinum Properties RE, Inc./Jupiter   3784 SE Old Saint Lucie BoulevardStuart, FL 34996 $4,400,000 6 beds/8.1 baths Li...
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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)
  November 2013 Market Update High Point Sewalls Point As of November 2013, there are 5 homes available for sale on High Point and High Point Isle in Sewalls Point, FL.   Listing prices range from $399,000 to $3,950,000.  The average price per square foot of living area is $367.01  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 $1,399,000 or $336.06 per sq. ft. of living area. In the past 12 months, 4 High Point homes have sold.  Sales prices ranged from $745,000 to $1,600,000 for an average sales price of $319.06 per sq. ft. and an 87% list to sales ratio.  None of these homes were distressed properties. Located on the southern tip of Sewalls Point, High Point and High Point Isles 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 Residential Market Report September 2013 Sewalls Point Real Estate Snapshot, Residential Sales for September 2013   There are currently 49 active listings (an increase of 3 homes for sale from August) 7 Residential sales are pending and awaiting close or lender approval (Up 1 from last month)   2 Homes sold in August (A decrease of 5 homes from August)   The Sewalls Point residential real estate market is having a slow summer. For September 2013 sales were down significantly as only 2 homes sold. Pending sales were up by 1 home, though still not a very high number. We are into the slower months of our real estate marketand there is also a lot of unease with the current economy, so we will hope for an increase in activity soon. Though it may not happen till after the hol...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
Sewalls Point Real Estate Listings | Sewalls Point Homes for Sale   Search Sewalls Point Homes for Sale Type:All Types Single Family Condo/Townhouse/Co-Op Rental Properties Price: to Beds:Any 1+ 2+ 3+ 4+ 5+ Baths:Any 1+ 2+ 3+ 4+ 5+   39 NE Lofting WayStuart, FL 34996 $5,850,000 4 beds/5 baths Listing courtesy of Water Pointe Rlty Group 3884 SE Old Saint Lucie BoulevardStuart, FL 34996 $2,000,000 3 beds/3 baths Listing courtesy of Waterfront Prop & Club Communi 9 Quail RunSewalls Point, FL 34996 $515,000 4 beds/3 baths Listing courtesy of Platinum Properties RE, Inc./Jupiter 279 SE MACARTHUR BoulevardStuart, FL 34996 $3,399,000 3 beds/5 baths Listing courtesy of Re/Max of Stuart   1300 SE Sandpiper LaneStuart, FL 34996 $199,000 3 beds/2 baths Listing courtesy of Re/Max Of Stuart 96 S Sew...
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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 Residential Market Report August 2013 Sewalls Point Real Estate Snapshot, Residential Sales for August 2013   There are currently 46 active listings (a decrease of 1 home for sale from July)    6 Residential sales are pending and awaiting close or lender approval (Down 1 from last month)   7 Homes sold in July (An increase of 4 homes from July) A second slower month for the Sewalls Point residential real estate market.   For August 2013 sales were up from July, but both pending and active listings were off marginally.  This is most likely a reflection of the summer months with slower activity, which is typical for the Martin County FL real estate market. The absorption rate declined to 6.6 months.  Just about a balanced market.  A 6 month absorption rate is considered a...
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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)
August 2013 Market Update for Castle Hill Sewalls Point There are currently two homes for sale in Castle Hill.  The listing prices are $1,325,000 and 2,800,000.  This averages to  $489.40 per sq. ft. of living area. There are currently no homes under contract, pending a sale. In the past 12 months, there have ben six sales in Castle Hill.  One of these sales was a bank owned foreclosure.  Sales prices ranged from $485,000 to $2,600,000.  The average sales price per square foot of living area was $242.77 at a 94% list to sales ratio. Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewall’s 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.  Close to mar...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
  What's The Real Estate Market Like in Stuart FL | 34996 Market Insider   Market Insider The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. Call or email anytime to discuss how this information can benefit you!                                            Price Trends - Sold vs Listed - 34996   Market Inventory Trends - 34996   Property Ownership - 34996   CLICK HERE TO SEE THE FULL REPORT
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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 August 2013 Market Update As of August 13, 2013 there is one spacious waterfront home listed in the Plantation at Sewalls Point.  The list price is $5,850,000 which equals $1,132.62 per square foot of living area. One home is currently under contract.  It was listed for $979,000 (non-waterfront home) for a price per square foot of living area of $195.14. In the past 12 months, 1 home has sold in the Plantation.  It was listed at $950,000 and closed for $890,000 at $199.37 per square foot of living area.  This was also a non-waterfront home.  None of the listings in the Plantation were distressed sales.   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 d...
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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 Residential Market Report July 2013 Sewalls Point Real Estate Snapshot, Residential Sales for July 2013   There are currently 47 active listings (a decrease of 5 homes for sale from June)  7 Residential sales are pending and awaiting close or lender approval (Down 3 from last month) 3 Homes sold in June (A decrease of 5 homes from June)   The Sewalls Point residential real estate market for July 2013 eased off from the strong gains made in the first half of 2013.    The inventory is down again to only 47 homes available for sale and both future (pending) sales as well as closed sales showed decreases from last month.  Slower activity during the summer months is not an unexpected event, as we need to look at the trends for the entire year to get a true picture of the local...
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By Brian Sharkey, SharkeyRE - #SouthFloridaBroker
(SharkeyRE LLC)
  Stuart, FL 34996 Market Insider | Home Values Rising Rapidly in 34996   Market Insider The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. Call or email anytime to discuss how this information can benefit you!                                            Price Trends - Sold vs Listed - 34996   Market Inventory Trends - 34996   Property Ownership - 34996   CLICK HERE TO SEE THE FULL REPORT
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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 Residential Market Report June 2013 Sewalls Point Real Estate Snapshot, Residential Sales for June 2013   There are currently 52 active listings (a decrease of 6 homes for sale from May)   10 Residential sales are pending and awaiting close or lender approval (Down 7 from last month)   8 Homes sold in May (An increase of 1 home from May)      For June, in the Sewalls Point residential real estate market remained strong with 8 closed sales, including a $2.6 million waterfront sale.  Unfortunately, pending sales were off by 7 homes, possibly indicating a slower summer season ahead.  The inventory of available homes is now down to only 52 homes. The absorption rate dropped to 6.5 months.  Basically, a balanced market.  A 6 month absorption rate is considered a balanced marke...
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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)
June 2013 Market Update for the Archipelago of Sewalls Point For June of 2013  there are two active listings on the market in the Archipelago of Sewalls Point.  Listing prices are $1,825,000 and $2,495,000 for an average list price of $661 per sq. ft. There are no homes are currently under contract. In the past 12 months, 2 home sold for $$950,000 and $1,800,000 for an average sale price of $278. per sq. ft. of living area. 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 waters of the Indian River or located on deep water canals.  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 Residential Market Report May 2013 Sewalls Point Real Estate Snapshot, Residential Sales for May 2013   There are currently 58 active listings (a decrease of 3 homes for sale from April)   17 Residential sales are pending and awaiting close or lender approval (No change from April)   7 Homes sold in April (An increase of 3 homes from April)  For May, in the Sewalls Point residential real estate market picked up steam from the previous month, with an additional 3 sales, for a total of 7.  Pending sales were unchanged while the inventory of available homes decreased to 58. The absorption rate dropped to 8.3 months.  Still a buyers market in Sewalls Point, but only slightly.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have...
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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 Residential Market Report April 2013 Sewalls Point Real Estate Snapshot, Residential Sales for April 2013   There are currently 61 active listings (an increase of 4 homes for sale from March)   17 Residential sales are pending and awaiting close or lender approval (an increase of 2 homes from March)   4 Homes sold in March (A decrease of 1 home from March)  For April, in the Sewalls Point residential real estate market, there was very little change from the previous month.  Inventory improved slightly as did pending sales while closed sales were off by 1 home. The absorption rate rose to 15 months.  Still a strong buyers market in Sewalls Point.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. Comparing the r...
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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 Home Under Contract Remodeled South Sewalls Point Pool Home under contract.     Beautifully remodeled pool home on South Sewall’s Point is spacious, light and bright. Lovely granite eat-in kitchen with stainless appliances and custom wood cabinets makes entertaining a breeze. Superb finishes and features include plantation shutters,   French doors, impact doors and windows and a huge media/game room over the garage. Fabulous pool/ patio area is very private, prefect for lounging to enjoy our wonderful Florida weather. This is a great opportunity and you won’t be disappointed viewing this special offering at a great price.     Search here for all Sewalls Point Homes for Sale View all of our Listings   Stuart Florida Real Estate presented by: the Gabe Sanders real estate te...
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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 Residential Market Report March 2013 Sewalls Point Real Estate Snapshot, Residential Sales for March 2013   There are currently 57 active listings (an increase of 2 homes for sale from February)   15 Residential sales are pending and awaiting close or lender approval (a decrease of 2 homes from February)   5 Homes sold in February (An increase of 3 homes from February)   March saw improved sales in the Sewalls Point real estate market in Stuart, FL.  Still a fairly large inventory, but also good number of pending sales. The absorption rate dropped to 11.4 months.  This is a still a buyers market in Sewalls Point, but is showing signs of change.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. Comparing the res...
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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 Residential Market Report February 2013 Sewalls Point Real Estate Snapshot, Residential Sales for February 2013   There are currently 55 active listings (an increase of 6 home for sale from January)   17 Residential sales are pending and awaiting close or lender approval (an increase of 10 homes from January)   2 Homes sold in January (Unchanged from January)   February was the second month in a row of slow sales in the Sewalls Point real estate market in Stuart, FL.  But it appears that this may be the end of this trend as pending sales more than doubled to 17 homes and the inventory came back to approximately normal levels after some historically low numbers. The absorption rate now stands at 27.5 months.  This is a strong buyers market again.  A 6 month absorption rate...
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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 Residential Market Report January 2013 Sewalls Point Real Estate Snapshot, Residential Sales for January 2013   There are currently 49 active listings (an increase of 13 home for sale from December)   7 Residential sales are pending and awaiting close or lender approval (a decrease of 1 home from December)   2 Homes sold in December (Down 4 from December)   Closed sales were off for the Sewalls Point market report for January 2013.  Pending sales were also off slightly.  This is the second month of decreasing market activity for Sewalls Point.  However, inventory rose sharply in January and this will result in much improved numbers for the coming months..  Now only 36 homes available.  This is approaching historic low levels for Sewalls Point. The absorption rate now stan...
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