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Stuart FL 34996 Residential Market Report June 2017

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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 34996 Residential Market Report June 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2017

 

For June 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 138 active listings (Down by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2017

55 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from May).

Stuart FL 34996 Residential Market Report June 2017

41 Homes Sold in June (Increased by 15 homes from May).

Stuart FL 34996 Residential Market Report June 2017

The 34996 zip code area of the Stuart Florida residential real estate market continues with a very strong market.  A large jump in closed sales with a small decrease in pending sales.  As the inventory decreases, we will need to watch if this negatively affects this market segment in the future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June dropped to 3.4 months as compared to May’s 5.7 months.  Into an even stronger sellers’ 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 June of 2016 were: 158 active listings, 43 pending sales and 26 closed sales.  Much better activity this year even with a smaller inventory of available homes.

Stuart FL 34996 Residential Market Report June 2017

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report June 2017

Comments (6)

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your real estate market reports.

Jul 21, 2017 05:33 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jul 21, 2017 05:51 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Gabe - another strong sellers market report for Stuart.

Jul 21, 2017 09:25 AM
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 website at: http://www.gabesanders.com/market-stats

Aug 08, 2017 06:01 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.

Aug 08, 2017 06:01 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.

Aug 08, 2017 06:01 AM