Stuart FL 34997 Residential Market Report May 2018

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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 May 2018

STUART FLORIDA REAL ESTATE Snapshot for ZIP Code 34997, Residential Sales for May 2018

For May 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 259 active listings (Decreased by 17 homes from April).

Stuart FL 34997 Residential Market Report May 2018

156 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from April).

Stuart FL 34997 Residential Market Report May 2018

93 Homes Sold in May (Increased by 9 homes from April)

Stuart FL 34997 Residential Market Report May 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active.  There is strong sales and pending activity.  Unfortunately, the number of homes available to purchase continues to decline and this will have an impact on future sales volume.
 
     The absorption rate decreased to 2.8 months (was 3.3 months for April).  Remaining in a very strong seller’s market for the 34997 zip code area of Stuart for May 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
 
     The 2017 numbers for May, were: 291 active listings, 168 pending listings, and 104 closed sales. There was better activity last year, but this was with a considerably greater number of homes for sale (inventory).
 
Stuart FL 34997 Residential Market Report May 2018

Are you interested in the value of your Stuart FL Home?
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Search here for 34997 Zip Code of Stuart FL real estate for sale

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report May 2018

 

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Stuart
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
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Ambassador
2,750,725
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Your Stuart Florida residential market report for May 2018 is full of many facts which your clients must really enjoy. Thank you Gabe!

Jun 29, 2018 04:19 PM #1
Rainmaker
4,657,181
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

Jun 30, 2018 06:12 AM #2
Rainmaker
2,899,731
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Gabe --- this is a good recap/overview for prospective buyers/ sellers. Your consistency in delivering this real estate information is admirable.

Jun 30, 2018 11:33 AM #3
Rainmaker
4,316,347
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 for a complete list of current and past market data.

Jul 09, 2018 06:35 AM #4
Rainmaker
4,316,347
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Martin County FL real estate.

Jul 09, 2018 06:35 AM #5
Rainmaker
4,316,347
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.

Jul 09, 2018 06:35 AM #6
Rainmaker
4,316,347
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. It’s always good to hear from you.

Jul 09, 2018 06:35 AM #7
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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