Stuart Florida Market Report ZIP Code 34994 Residential June 2017

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

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

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

There are currently 72 active listings (Increased by 1 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

34 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential June 2017

16 Homes Sold in May (Up by 3 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues into summer with solid market activity.

The one month absorption rate for the 34994 zip code for June increased to 5.5 months from 4.4 months for May.  Making a movement closer to 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 June 2016 numbers were 70 Active Listings, 33 pending sales and 17 closed sales.  Better closed activity last year though the current pending numbers may show better upcoming closed sales for this year.

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

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Stuart Florida Market Report ZIP Code 34994 Residential June 2017

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