The 34996 zip code area of the Stuart Florida residential real estate didn’t have any significant change from last month.  We had a small drop in inventory.  Also, a small drop in pending sales. While we had a small increase in closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September dipped to 7.4 months as compared to 8.1 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for September 2018 were: 151 active listings, 19 pending sales, and 13 closed sales.  Better market activity this year even though we have a smaller inventory of available condos for sale.

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The 34996 zip code area of the Stuart Florida residential real estate had a small drop in closed sales for this month when compared to last month.  Hopefully, this market will regain a bit of activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August rose to 8.1 months as compared to 6.9 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for August 2018 were: 130 active listings, 21 pending sales, and 10 closed sales.  Better market activity this year on an identical number of homes for sale (inventory).

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The 34996 zip code area of the Stuart Florida residential real estate market rebounded from pretty poor June activity.  Hopefully, this will continue through the rest of the summer and into fall.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 6.9 months as compared to 12 months for last month.  We are heading back into a balanced market this segment of the Martin County single family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for July 2018 were: 128 active listings, 21 pending sales, and 25 closed sales.  We had pretty similar sales volume when compared to last year.

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The 34996 zip code area of the Stuart Florida had considerably weaker sales activity for the month.  Inventory has decreased a little but sales are not keeping pace.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June jumped up to 12 months as compared to the 5.6 months for last month.  We have transitioned back into a buyer’s market for this segment of the Martin County single family real estate market..  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for June 2018 were: 105 active listings, 34 pending sales, and 26 closed sales.  Much better activity last year with less inventory of available homes for sale.

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The 34996 zip code area of the Stuart Florida showed weaker activity when compared to the past two months, but remains strong.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May plunged to 5.6 months as compared to the 4.3 months for last month.  We appear to be heading back towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for May 2018 were: 115 active listings, 41 pending sales, and 20 closed sales.  A greater number of closed sales this year, but considerably weaker pending sales.  All of this with a much larger inventory of available homes for sale this year.

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The 34996 zip code area of the Stuart Florida doubled the volume of closed sales from last month while decreasing the number of pending sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for April plunged to 4.3 months as compared to the 9.1 months for last month.  Transitioning back to a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for April 2018 were: 128 active listings, 46 pending sales, and 28 closed sales.  A stronger volume of closed sales this year.  Though pending sales are weaker, this is also with a considerably greater number of available homes for sale (inventory).

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For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

The 34996 zip code area of the Stuart Florida had a nice jump in pending sales.  Unfortunately, closed sales were down compared to last month while the inventory stayed fairly steady.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March rose to 9.1 months as compared to the 8.1 months for last month.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for March 2018 were: 133 active listings, 48 pending sales, and 29 closed sales.  Better closed sales numbers for last year.  A slightly higher number of pending sales this year, but this is also with a considerably greater number of available homes for sale (inventory).

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The 34996 zip code area of the Stuart Florida had a nice jump in closed sales.  Unfortunately, both pending sales and inventory dropped from last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February rose to 8.1 months as compared to October’s 17.4 months.  Still a buyer’s market for the 34996 zip code area of Stuart FL but driting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February 2018 were: 130 active listings, 56 pending sales, and 14 closed sales.  There is increased sales volume this year but also less pending activity and a greater inventory of homes for sale.

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The 34996 zip code area of the Stuart Florida had an increase in both inventory and pending sales but closed sales were lower than last month.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for January rose to 17.4 months as compared to October’s 11.1 months.  Now a stronger buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January 2018 were: 146 active listings, 37 pending sales, and 15 closed sales.  Better activity last year, especially when factoring in the greater inventory this year.

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The 34996 zip code area of the Stuart Florida improved from last month.  Though this segment has been in a buyer’s market now for a few months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 11.1 months as compared to October’s 13.0 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December 2017 were: 141 active listings, 37 pending sales, and 14 closed sales.  Marginally better sales volume and fewer pending sales this year with a higher inventory.

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The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good.  We also had slight increases in both pending and closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for November rose to 13.0 months as compared to October’s 11.3 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November 2017 were: 143 active listings, 29 pending sales, and 19 closed sales.  Considerably better activity last November on a reduced inventory of available homes for sale.

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The 34996 zip code area of the Stuart Florida improved marginally from last month. The inventory continued to rise, which is good.  We also had slight increases in both pending and closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for October dropped slightly to 11.3 months as compared to September’s 11.6 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October 2017 were: 129 active listings, 30 pending sales, and 5 closed sales.  Better sales numbers this year, but lower pending sales and a larger inventory of available homes for sale.

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The 34996 zip code area of the Stuart Florida improved from last months slow activity.  The inventory took a surprising rise while pending sales were off slightly and closed sales were up a little.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September shot up to 11.6 months as compared to August’s 13 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September 2017 were: 129 active listings, 19 pending sales, and 6 closed sales.  Better activity this year when compared to September 2017.

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The 34996 zip code area of the Stuart Florida seems to have hit a road bump for August.  Closed sales were off by a significant amount while the other metrics were mostly unchanged.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for August shot up to 13 months as compared to July’s 5.1 months.  Into a strong buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for August 2017 were: 145 active listings, 14 pending sales, and 12 closed sales.  Even with a large drop in closed sales, activity is better this year.

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The 34996 zip code area of the Stuart Florida residential real estate market continues to be an active market but somewhat weaker than last month.  On a positive note, the inventory did rise for July.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 5.1 months as compared to June’s 4.0 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for July 2017 were: 147 active listings, 33 pending sales, and 36 closed sales.  Considerably stronger activity last year.

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The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market.  Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months.  Drifting back into a strong seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for June 2017 were: 138 active listings, 55 pending sales, and 41 closed sales.  Better activity last June with a greater inventory of available homes for sale.

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The 34996 zip code area of the Stuart Florida residential real estate market continues to be active but with weaker activity than last month.  The inventory of available homes for sale is becoming an issue and may continue to affect the volume of sales in the near future.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May rose to 5.8 months as compared to April’s 4.6 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for May 2017 were: 148 active listings, 64 pending sales, and 26 closed sales.  There was considerably stronger activity last year but with a much greater number of available homes for sale.

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The 34996 zip code area of the Stuart Florida residential real estate market continued the strong activity from March.  The low inventory of available homes for sale may be an issue for the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for April remained unchanged from March at 4.6 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April 2017 were: 163 active listings, 49 pending sales, and 21 closed sales.  Better closed activity this year and similar pending activity.  All with a considerably smaller inventory of homes for sale.

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The 34996 zip code area of the Stuart Florida residential real estate market had a very strong increase in sales from last month though the pending sales numbers could be stronger.  We also could use a bit more inventory.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for March decreased slightly to 4.6 months as compared to February’s 9.3 months.  Once again, back into a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2017 were: 167 active listings, 58 pending sales, and 36 closed sales.  Better activity in March of 2017 but with a larger available number of homes for sale.

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