Stuart FL 34996 Residential Market Report April 2018
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2018
For April 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 128 active listings (Decreased by 5 homes from March).
46 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from March).
28 Homes Sold in April (Down by 1 homes from March).
The 34996 zip code area of the Stuart Florida residential real estate market continued the strong activity from March. The low inventory of available homes for sale may be an issue for the coming months.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for April remained unchanged from March at 4.6 months. Remaining as a seller’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 April 2017 were: 163 active listings, 49 pending sales, and 21 closed sales. Better closed activity this year and similar pending activity. All with a considerably smaller inventory of homes for sale.
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