Stuart Florida Market Report ZIP Code 34994 Residential November 2016

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2016

For November, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 45 active listings (Decreased by 11 homes from October)

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

31 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential November 2016

14 Homes Sold in October (Down by 2 homes from October)

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity.  Unfortunately the inventory of active home listings is dropping once again to levels that may make this market difficult in the near future.

The one month absorption rate for the 34994 zip code for November declined to 3.2 months from 3.5 months for October.  Continuing as a strong sellers’ market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2015 numbers were 61 Active Listings, 25 pending sales and 12 closed sales.  Considerably stronger activity this year when compared to 2015, but the large drop in inventory is troubling.

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

 

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Stuart Florida Market Report ZIP Code 34994 Residential November 2016

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Rainmaker
4,399,752
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will certainly appreciate your local real estate market reports.

 

Dec 20, 2016 04:23 PM #1
Rainmaker
985,368
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

another super report to share for the buyers and sellers in Stuart!

Dec 20, 2016 04:31 PM #2
Rainmaker
1,406,620
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

another wonderful market update on Stuart for us to enjoy - you do such a good job with your posts! I hope that you get lots of business from these

Dec 20, 2016 07:45 PM #3
Rainmaker
4,399,752
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Good Wednesday evening, Gabe. I hope you are enjoying a most productive week.

Dec 21, 2016 04:22 PM #4
Rainmaker
4,050,557
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For those interested, here’s a link for more information about Stuart FL real estate.

Jan 19, 2017 01:30 PM #5
Rainmaker
4,050,557
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Jan 19, 2017 01:30 PM #6
Rainmaker
4,050,557
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Jan 19, 2017 01:30 PM #7
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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