Stuart FL 34996 Residential Market Report November 2018
STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for November 2018
For November 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 169 active listings (increased by 11 homes from October).
17 Residential sales are pending and awaiting close (Down by 4 homes from October).
13 Homes Sold in November (Down by 1 home from October).
The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good. We also had slight increases in both pending and closed sales.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for November rose to 13.0 months as compared to October’s 11.3 months. Remaining in 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 November 2017 were: 143 active listings, 29 pending sales, and 19 closed sales. Considerably better activity last November on a reduced inventory of available homes for sale.
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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate
Stuart FL 34996 Residential Market Report November 2018
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