Stuart Florida 34994 Residential Market Report January 2018

Stuart Florida 34994 Residential Market Report January 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2018

For January 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 86 active listings (Down by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

38 Residential sales are pending and awaiting close or lender approval (Increased by 17 homes from last month).

Stuart Florida 34994 Residential Market Report January 2018

11 Homes Sold in December (Decreased by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

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.  I expect this to abate as we have a strong volume of pending sales.

The one-month absorption rate for the 34994 zip code for December rose to 7.8 months from 6.4 months for December.  Entering into a buyer’s 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 January 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Considerably stronger activity this January with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report January 2018

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida 34994 Residential Real Estate Market Report January 2018

Leave a Reply