Stuart Florida Market Report ZIP Code 34994 Residential September 2015

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2015

For September, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 57 active listings (Increased by 5 homes from August)

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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

 Stuart Florida Market Report ZIP Code 34994 Residential September 2015

12 Homes Sold in August (Up by 3 homes from August)

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida improved from last month.  All tracked market activities increased for September.  It’s good to see an increase in inventory.  Hopefully this will continue.

The one month absorption rate for the 34994 zip code for September decreased to 4.8 months from last months 5.8 months, back into a sellers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2014 numbers were 62 Active Listings, 40 pending sales and 20 closed sales.   Better activity last year, but also with greater inventory.

Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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Stuart Florida Market Report ZIP Code 34994 Residential September 2015

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