Sewalls Point Single Family Market Report November 2015
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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