The 34996 zip code area of the Stuart Florida residential real estate went back to a shrinking inventory after a small increase last month.  There was a good jump in pending sales which should result in better closed activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February decreased slightly to 9.3 months as compared to January’s 9.7 months.  Still 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 February of 2017 were: 166 active listings, 61 pending sales, and 12 closed sales.  Slightly better closed sales numbers for this year on a reduced number of available homes for sale.

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The 34996 zip code area of the Stuart Florida residential real estate showed a small increase in inventory and slightly better-closed sales.  There’s a good number of pending sales which will hopefully translate to higher closed volume in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for January decreased slightly to 9.7 months as compared to December’s 10.1 months.  Still 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 January of 2017 were: 180 active listings, 43 pending sales, and 10 closed sales.  Considerably lower inventory this year but better sales volume and slightly lower pending volume.

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The 34996 zip code area of the Stuart Florida residential real estate had reduced closed sales for the end of the year but also a nice increase in pending sales on a steady inventory.  This is a good sign for the immmediate future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December rose to 10.1 months as compared to November’s 7.5 months.  Still 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 of 2016 were: 169 active listings, 31 pending sales, and 17 closed sales.  Slightly better sales last year but also 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 showed strong activity for November with much stronger closed sales for the month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November dropped to 7.5 months as compared to October’s 25.8 months.  Still a buyer’s market for the 34996 zip code area of Stuart FL but trending in the right direction.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2016 were: 186 active listings, 24 pending sales, and 9 closed sales.  Much better activity this year.

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The 34996 zip code area of the Stuart Florida residential real estate rebounded some for October mostly with strong pending sales.  Closed sales remain weak.  Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month.  Some of October’s activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October jumped to 25.8 months as compared to September’s 65 months.  Still a strong buyer’s market for the 34996 zip code area of Stuart FL but trending in the right direction.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2016 were: 174 active listings, 25 pending sales, and 15 closed sales.  Considerably better closed activity from last year but with a much larger inventory.

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The 34996 zip code area of the Stuart Florida residential real estate showed greatly reduced activity for September along with decreased inventory.  Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September jumped to 65 months as compared to August’s 12.1 months.  Into an extreme 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 September of 2016 were: 161 active listings, 27 pending sales, and 13 closed sales.  Considerably better activity from last year.

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The 34996 zip code area of the Stuart Florida residential real estate showed greatly reduced activity for August.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August jumped to 12.1 months as compared to July’s 4.1 months.  Into a strong buyers’ 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 August of 2016 were: 144 active listings, 32 pending sales, and 12 closed sales.  Better volume of sales and pending sales this year.

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The 34996 zip code area of the Stuart Florida residential real estate eased a bit from last month.  Yet, it is still a very active market even as we are in the middle of the summer.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 4.1 months as compared to June’s 3.4 months.  Remaining in a sellers’ 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 July of 2016 were: 151 active listings, 27 pending sales and 24 closed sales.  Better volume of sales and pending sales this year.

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The 34996 zip code area of the Stuart Florida residential real estate market continues with a very strong market.  A large jump in closed sales with a small decrease in pending sales.  As the inventory decreases, we will need to watch if this negatively affects this market segment in the future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June dropped to 3.4 months as compared to May’s 5.7 months.  Into an even stronger sellers’ 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 June of 2016 were: 158 active listings, 43 pending sales and 26 closed sales.  Much better activity this year even with a smaller inventory of available homes.

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The 34996 zip code area of the Stuart Florida residential real estate market showed a very strong May with increases in both pending and closed sales while the inventory of available properties for sale decreased.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May jumped to 5.7 months as compared to April’s 7.8 months.  Back into a sellers’ 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 May of 2016 were: 150 active listings, 43 pending sales and 22 closed sales.  Consideribly stronger market activity for this year.

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The 34996 zip code area of the Stuart Florida residential real estate market eased a bit from march with declines in both pending and closed sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April jumped to 7.8 months as compared to March’s 4.6 months.  A buyers market once again 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 of 2016 were: 151 active listings, 55 pending sales and 25 closed sales.  Slightly better sales activity last year.

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The 34996 zip code area of the Stuart Florida residential real estate market continued to pick up for March 2017 with a large increase in closed sales and still strong pending sales even if off by a few homes from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March dipped to 4.6 months as compared to February’s 13.8 months.  Transitioning back into a strong sellers 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 2016 were: 163 active listings, 51 pending sales and 23 closed sales.  Better activity this year as compared to last March.

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The 34996 zip code area of the Stuart Florida residential real estate market rebounded for February 2017 with an decrease in inventory and an increase in closed sales as well as future sales (pendings).

The one month absorption rate for the 34996 zip code area of Stuart Florida for February jumped to 13.8 months as compared to January’s 18.0 months.  Still a strong buyers’ market for the 34996 zip code area of Stuart FL but tending 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 of 2016 were: 154 active listings, 55 pending sales and 12 closed sales.  Better pending activity this year with the same volume of closed sales as last year.

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The 34996 zip code area of the Stuart Florida residential real estate market slowed for the beginning of 2017 with an increase in inventory and a decrease in closed sales.  Pending sales remain strong so we should see improved numbers in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January jumped to 18.0 months as compared to December’s 9.9 months.  Once again a strong buyers’ 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 of 2016 were: 160 active listings, 42 pending sales and 10 closed sales.  Very similar closed and pending sales, though there’s greater inventory for this year.

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The 34996 zip code area of the Stuart Florida residential real estate market showed a nice strong finish for the end of the year with improved sales and pending activity along with a drop in inventory.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 9.9 months as compared to November’s 20.6 months.  Still a buyers’ market for the 34996 zip code area of Stuart FL but trending in the right direction.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December of 2015 were: 170 active listings, 24 pending sales and 12 closed sales.  The end of 2016 had stronger activity when compared to the finish of 2015.

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The 34996 zip code area of the Stuart Florida residential real estate market had a jump in inventory while decreasing activity in both pending and closed sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November jumped to 20.6 months as compared to October’s 11.6 months.  The fourth month in a row as a buyers’ market for the 34996 zip code area of Stuart FL after a long string of being in a sellers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2015 were: 143 active listings, 34 pending sales and 6 closed sales.  Inventory is considerably greater this year and pending sales are fewer with a little bit better closed sales volume.

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The 34996 zip code area of the Stuart Florida residential real estate market improved for October 2016 after a weaker previous two months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October decreased to 11.6 months as compared to September’s 12.4 months.  The  third month in a row as a buyers’ market for the 34996 zip code area of Stuart FL after a long string of being in a sellers 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 of 2015 were: 161 active listings, 17 pending sales and 12 closed sales.  Improved sales activity from last year with an increase in inventory as well.

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The 34996 zip code area of the Stuart Florida residential real estate market is showing some weakness for this summer as the inventory has risen and sales have not increased accordingly.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September increased to 12.4 months as compared to August’s 12 months.  The second month in a row as a buyers’ 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 September of 2015 were: 136 active listings, 27 pending sales and 12 closed sales.  Similar activity as compared to September of last year though with a considerably higher inventory of available Stuart homes for sale.

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The 34996 zip code area of the Stuart Florida residential real estate market showed decreasing sales activity for the month of August.  Pending sales did increase slightly, so hopefully closed sales will make a comeback in the coming months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August increased to 12 months as compared to July’s 6.3 months.  Moved into a buyers’ 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 August of 2015 were: 139 active listings, 32 pending sales and 14 closed sales.  Similar results as compared to August of last year with a slightly higher inventory of available Stuart homes for sale.

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The 34996 zip code area of the Stuart Florida residential real estate market continues to be a strong market.  Just a bit weaker than last month, but still slid and an improvement from last year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July increased to 6.3 months as compared to June’s 6.1 months.  Still basically a balanced 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 July of 2015 were: 135 active listings, 34 pending sales and 11 closed sales.  We have a greater inventory this year along with increased market activity.

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