Stuart Florida Market Report ZIP Code 34994 Residential January 2016

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2016

For January, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 59 active listings (Unchanged from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

14 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2016

1o Homes Sold in December (Down by 2 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a weaker month to begin the new year after a very strong finish to 2015.

The one month absorption rate for the 34994 zip code for January jumped to 5.9 months from last months 4.9 months.  Just about a balanced market 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 2014 numbers were 85 Active Listings, 37 pending sales and 9 closed sales.   Much more active market back last year, though closed sales just edged out last years numbers.  We could use more active listings in the 34994 zip code of Stuart FL.

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

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Stuart Florida Market Report ZIP Code 34994 Residential January 2016

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