Stuart FL 34996 Residential Market Report June 2018
STUART REAL ESTATE Snapshot for ZIP Code 34996, Residential Sales for June 2018
For June 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 105 active listings (Decreased by 10 homes from May).
34 Residential sales are pending and awaiting close or lender approval (Down by 7 homes from May).
26 Homes Sold in June (Up by 6 homes from May).
The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market. Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months. Drifting back into a strong seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for June 2017 were: 138 active listings, 55 pending sales, and 41 closed sales. Better activity last June with a greater inventory of available homes for sale.
Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation
Stuart Florida Real Estate presented by: