Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for April 2011

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for April 2011

For April 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 560 active listings (down 46 from March).

195 Residential sales are pending and awaiting close or lender approval (down 2 from last month).

55 Homes Sold in March (down 22 from March)

For zip code 34997 in Stuart Florida, April sales were off by 22 units but still remained strong.  Pending sales were basically unchanged from a month ago.  Of particular note, the inventory has shrunk by almost 100 homes in the past two months.  Lower inventory will lead to stronger demand.