Stuart FL 34997 Residential Market Report June 2014

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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 June 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2014

 

There are currently 381 active listings (Decreased by 32 homes from May).

Stuart FL 34997 Residential Market Report June 2014

185 Residential sales are pending and awaiting close or lender approval (Increased of 21 homes from May).

Stuart FL 34997 Residential Market Report June 2014

80 Homes Sold in June (Decreased by 27 homes from May)

Stuart FL 34997 Residential Market Report June 2014

      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales.  Unfortunately, June saw a little decrease in activity with 27 fewer sales from the previous month.  Though, pending sales increased which is a good indicator for strong future sales.  Inventory was down by a fairly significant number making fewer options available for buyers of single family homes in the Stuart area.
 
 
 
     The current one month absorption rate rose to 4.8 months (was 3.9 months for May).  A sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
 
 
     The 2013 numbers for June, were: 332 active listings, 172 pending listings and 68 closed sales.  This segment of the Stuart residential market has a dramatic increase in inventory when compared to last year.  Considerably stronger activity in this segment of the Stuart residential real estate market.
 
Stuart FL 34997 Residential Market Report June 2014
 
 

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Stuart FL 34997 Residential Market Report June 2014

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

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Topic:
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Florida Martin County Stuart
Groups:
All Things Florida
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Tags:
listing
florida real estate
residential
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market report
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pending
stuart florida
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Ambassador
2,081,419
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Another great report for the residential market over in Stuart Florida, Gabe.

Jul 15, 2014 06:05 AM #1
Rainmaker
1,296,355
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Gabe~ Stuart FL zip code 34997 does not disappoint! And I am positive buyers and sellers in the area need to know this market report just as much as they need "you" as their REALTOR!

Jul 15, 2014 07:12 AM #2
Rainmaker
2,327,914
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Gabe: With so many pending sales in Stuart FL at the moment, it looks like the market will continue to be strong through the rest of the summer. Good real estate report!

Jul 15, 2014 07:28 AM #3
Rainmaker
1,570,741
David Saks
(retired) - Memphis, TN

You're rockin', Gabe. Have a great evening and a terific day ahead.

Jul 15, 2014 01:39 PM #4
Rainmaker
3,505,281
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Gabe - it seems as if Stuart Florida joins many other communities singing those "low inventory of homes for sale" blues...hopefully homeowners in your area who have been thinking of selling will contact you while they can maximize their home's net proceeds.

Jul 15, 2014 05:55 PM #5
Rainmaker
1,529,244
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Gabe, great market report on Stuart Fl. Sellers would be wise to put your expertise to work for them. With low inventory and your market knowledge they have the perfect combination working on their behalf.

Jul 16, 2014 09:51 PM #6
Rainmaker
4,798,020
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

Feb 21, 2016 04:32 AM #7
Rainmaker
4,798,020
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.

Feb 21, 2016 04:32 AM #8
Rainmaker
4,798,020
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Your comments are always appreciated!

Feb 21, 2016 04:32 AM #9
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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