Sewalls Point Residential Market Report December 2012
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 December 2012 Sewalls Point Real Estate Snapshot, Residential Sales for December 2012 There are currently 36 active listings (a decrease of 5 home for sale from November) 8 Residential sales are pending and awaiting close or lender approval (a decrease of 2 homes from November) 6 Homes sold in November (Down 2 from November) A bit of a slow down in activity for the Sewalls Point market report for December 2012. Some of this is due to slower activity during the holiday season and also some due to the decrease in inventory. Now only 36 homes available. This is approaching historic low levels for Sewalls Point. The absorption rate now stands at 6 months. This is an indication of a balanced market. Neither seller nor buyer have an advant...
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