Stuart Florida 34994 Residential Market Report December 2017

Stuart Florida 34994 Residential Market Report December 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2017

For December 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 89 active listings (Up by 8 homes from November)

Stuart Florida 34994 Residential Market Report December 2017

21 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from last month).

Stuart Florida 34994 Residential Market Report December 2017

14 Homes Sold in November (Increased by 1 homes from November)

Stuart Florida 34994 Residential Market Report December 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to gain inventory while sales are not keeping up with this increased volume of available homes for sale.

The one-month absorption rate for the 34994 zip code for December inched up to 6.4 months from 6.2 months for November.  Remaining in a balanced 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 2016 numbers were 52 Active Listings, 18 pending sales, and 19 closed sales.  Considerably stronger activity last December on a smaller inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report December 2017

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Stuart Florida 34994 Residential Real Estate Market Report December 2017

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