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Stuart FL 34997 Residential Market Report 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 FL 34997 Residential Market Report November 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2016

 

There are currently 328 active listings (Decreased by 3 homes from October).

Stuart FL 34997 Residential Market Report November 2016

138 Residential sales are pending and awaiting close or lender approval (Up by 6 homes from October).

Stuart FL 34997 Residential Market Report November 2016

62 Homes Sold in November (Increased by 4 homes from October)

Stuart FL 34997 Residential Market Report November 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate.  Novembers results continued to improve from the previous month and both sales and pending sales are at good sustainable levels.
 
     The absorption rate decreased slightly to 5.3 months (was 5.7 months for October).  Sliding back into more of a sellers market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
     The 2015 numbers for November, were: 311 active listings, 164 pending listings and 65 closed sales.  Weaker activity for 2016 as compared to last year, but still an active market.
 
Stuart FL 34997 Residential Market Report November 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart FL 34997 Residential Market Report November 2016

 

Comments (8)

Roy Kelley
Retired - Gaithersburg, MD

Stuart home sellers will be in very good hands when they select you as their listing agent.

Dec 27, 2016 04:26 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Gabe

This is a nicely done market report for Stuart with lots of useful information that can help buyers and sellers understand the current trends. Then they need your expert guidance to help them accomplish their buying and selling goals!

Jeff

Dec 27, 2016 05:40 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders  Your market reports are amazing  . Stuart Florida residents should not call anyone else but you to sell their homes

Dec 27, 2016 08:34 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone thinking of buying a home in Stuart,  Florida  should call you. You are the local expert.

Dec 28, 2016 06:02 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Wednesday evening, Gabe. I hope you are enjoying an outstanding week.

Dec 28, 2016 04:55 PM
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 31, 2017 06:05 AM
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 31, 2017 06:05 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments, always appreciated.

Jan 31, 2017 06:05 AM