Stuart FL 34996 Residential Market Report January 2018
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2018
For January 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 146 active listings (Increased by 5 homes from December).
37 Residential sales are pending and awaiting close or lender approval (Unchanged from December).
15 Homes Sold in January (Up by 1 homes from December).
The 34996 zip code area of the Stuart Florida residential real estate showed a small increase in inventory and slightly better-closed sales. There’s a good number of pending sales which will hopefully translate to higher closed volume in the coming months.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for January decreased slightly to 9.7 months as compared to December’s 10.1 months. Still a buyer’s market for the 34996 zip code area of Stuart FL. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for January of 2017 were: 180 active listings, 43 pending sales, and 10 closed sales. Considerably lower inventory this year but better sales volume and slightly lower pending volume.
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Stuart Florida Real Estate presented by:
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