Stuart Florida Market Report ZIP Code 34994 Residential December 2016
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2016
For December, 2016 in the 34994 Zip Code area of Stuart, Florida :
There are currently 52 active listings (Increased by 7 homes from November)
18 Residential sales are pending and awaiting close or lender approval (Decreased by 13 homes from last month).
19 Homes Sold in November (Up by 5 homes from November)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity. The issue is once again becoming the inventory with very few numbers of available homes for sale on the market.
The one month absorption rate for the 34994 zip code for December declined to 2.7 months from 3.2 months for November. Continuing as a very 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 December 2015 numbers were 59 Active Listings, 19 pending sales and 12 closed sales. Stronger activity for this December with lower inventory.
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- Land Properties for Sale in Stuart, Florida Between $0 – $500,000
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Stuart Florida Market Report ZIP Code 34994 Residential December 2016
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