Search Results for: Stuart FL 34996 Residential Market Report

Stuart FL 34996 Residential Market Report June 2016

Stuart FL 34996 Residential Market Report June 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2016

 

For June 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 158 active listings (Up by 8 homes from May).

Stuart FL 34996 Residential Market Report June 2016

43 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from May).

Stuart FL 34996 Residential Market Report June 2016

26 Homes Sold in June (Increased by 4 homes from May).

Stuart FL 34996 Residential Market Report June 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed solid activity for June 2016.  We also have a welcome increase in inventory that will hopefully continue through the end of this year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June decreased to 6.1 months as compared to May’s 6.8 months.  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 June of 2015 were: 136 active listings, 44 pending sales and 8 closed sales.  Much better sales activity for this year as compared to last year.

Stuart FL 34996 Residential Market Report June 2016

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Stuart FL 34996 Residential Market Report June 2016

Stuart FL 34996 Residential Market Report May 2016

Stuart FL 34996 Residential Market Report May 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2016

 

For May 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 150 active listings (Down by 1 homes from April).

Stuart FL 34996 Residential Market Report May 2016

43 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from April).

Stuart FL 34996 Residential Market Report May 2016

22 Homes Sold in May (Decreased by 3 homes from April).

Stuart FL 34996 Residential Market Report May 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed reduced sales and pending activity from last month, though only small decreases.  The inventory dropped by only 1 home, yet is still slightly above last year.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May increased to 6.8 months as compared to April’s 6 months.  Drifting back up into a slight buyers 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 of 2015 were: 147 active listings, 34 pending sales and 16 closed sales.  Slightly better activity for this year when compared to 2015.

Stuart FL 34996 Residential Market Report May 2016

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Stuart FL 34996 Residential Market Report May 2016

Stuart FL 34996 Residential Market Report April 2016

Stuart FL 34996 Residential Market Report April 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2016

 

For April 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 151 active listings (Down by 12 homes from March).

Stuart FL 34996 Residential Market Report April 2016

55 Residential sales are pending and awaiting close or lender approval (Up by 4 homes from March).

Stuart FL 34996 Residential Market Report April 2016

25 Homes Sold in April (Increased by 2 homes from March).

Stuart FL 34996 Residential Market Report April 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed some gains in all tracked criteria for April.  Though, the inventory continues to decline.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April decreased to 6 months as compared to March’s 7.1 months.  A balanced market for this section of Martin County.  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 2015 were: 173 active listings, 29 pending sales and 18 closed sales.  Considerably better volume this year than for April of last year even with a reduced inventory.  Quite impressive.

Stuart FL 34996 Residential Market Report April 2016

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Stuart FL 34996 Residential Market Report April 2016

Stuart FL 34996 Residential Market Report March 2016

Stuart FL 34996 Residential Market Report March 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2016

 

For March 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 163 active listings (Up by 9 homes from February).

Stuart FL 34996 Residential Market Report March 2016

51 Residential sales are pending and awaiting close or lender approval (Down by 4 homes from February).

Stuart FL 34996 Residential Market Report March 2016

23 Homes Sold in March (Increased by 11 homes from February).

Stuart FL 34996 Residential Market Report March 2016

The 34996 zip code area of the Stuart Florida residential real estate market had some excellent increases in closed sales as well as a small jump in inventory.  Pending sales were off slightly from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March decreased to 7.1 months as compared to February’s 12.8 months.  Still a buyers market for this section of Martin County but improving steadily for the past two months.  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 2014 were: 166 active listings, 37 pending sales and 21 closed sales.  Better activity this year than for March of 2015.

Stuart FL 34996 Residential Market Report March 2016

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Stuart FL 34996 Residential Market Report March 2016

Stuart FL 34996 Residential Market Report February 2016

Stuart FL 34996 Residential Market Report February 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2016

 

For February 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 154 active listings (Down by 6 homes from January).

Stuart FL 34996 Residential Market Report February 2016

55 Residential sales are pending and awaiting close or lender approval (Up by 13 homes from January).

Stuart FL 34996 Residential Market Report February 2016

12 Homes Sold in February (Increased by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2016

The 34996 zip code area of the Stuart Florida residential real estate market remains slightly slower than many of the neighboring Stuart zip codes.  Though, the large pending numbers are a good sign for future sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February decreased to 12.8 months as compared to January’s 16 months.  Still a strong buyers market for this section of Martin County, but this number should improve when the strong pending numbers translate into sales.  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 2014 were: 158 active listings, 39 pending sales and 12 closed sales.  Very similar inventory and closed sales as compared to 2015, but there’s quite a bit better pending inventory this year which should make for some excellent sales numbers for the coming months.

Stuart FL 34996 Residential Market Report February 2016

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Stuart FL 34996 Residential Market Report February 2016

Stuart FL 34996 Residential Market Report January 2016

Stuart FL 34996 Residential Market Report January 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2016

For January 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 160 active listings (Down by 10 homes from December).

Stuart FL 34996 Residential Market Report January 2016

42 Residential sales are pending and awaiting close or lender approval (Up by 18 homes from December).

Stuart FL 34996 Residential Market Report January 2016

10 Homes Sold in January (Decreased by 2 homes from December).

Stuart FL 34996 Residential Market Report January 2016

The 34996 zip code area of the Stuart Florida residential real estate market had a drop in sales and inventory for the beginning of the year.  The good news is the big jump in pending sales which should result in better closed sale numbers in the following months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased to 16 months as compared to December’s 14.2 months.  Still a strong buyers market for this section of Martin County, but this number should improve when the strong pending numbers translate into sales.  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 2014 were: 160 active listings, 41 pending sales and 7 closed sales.  Similar activity when compared to 2015, though with a slight edge to to this year’s numbers with slightly better activity.

Stuart FL 34996 Residential Market Report January 2016

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Stuart FL 34996 Residential Market Report January 2016

Stuart FL 34996 Residential Market Report December 2015

Stuart FL 34996 Residential Market Report December 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2015

For December 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 170 active listings (Up by 23 homes from November).

Stuart FL 34996 Residential Market Report December 2015

24 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from November).

Stuart FL 34996 Residential Market Report December 2015

12 Homes Sold in December (Increased by 6 homes from November).

Stuart FL 34996 Residential Market Report December 2015

The 34996 zip code area of the Stuart Florida residential real estate market is on a bit of a roller coaster as we regained all of the lost inventory from last month.  Sales also doubled from November, though there’s still plenty of room for improvement.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December improved dramatically to 14.2 months as compared to November’s 23.8 months.  Still a buyers market for this section of Martin County, but much improved from last month.  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 2014 were: 176 active listings, 11 pending sales and 24 closed sales.  Considerably better sales activity last year, while future sales look better for next year with the better pending numbers.

Stuart FL 34996 Residential Market Report December 2015

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Stuart FL 34996 Residential Market Report December 2015

Stuart FL 34996 Residential Market Report November 2015

Stuart FL 34996 Residential Market Report November 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2015

 

For November 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 143 active listings (Down by 18 homes from October).

Stuart FL 34996 Residential Market Report November 2015

34 Residential sales are pending and awaiting close or lender approval (Up by 17 homes from October).

Stuart FL 34996 Residential Market Report November 2015

6 Homes Sold in November (Decreased by 6 homes from October).

Stuart FL 34996 Residential Market Report November 2015

The 34996 zip code area of the Stuart Florida residential real estate market lost most of the increased inventory from last month.  Much of it appears to have gone under contract with the increase in the number of pending sales.  Unfortunately, closed sales were a bit disappointing.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November continued to slide up to an atrocious 23.8 months as compared to October’s 13.4 months.  A very strong buyers market for this section of Martin County.  Though, with the big increase in pending sales, this may not be a very long lived phenomenon. 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 2014 were: 163 active listings, 31 pending sales and 16 closed sales.  Fewer closed sales this year, while having a grater number of pending sales with less inventory.

Stuart FL 34996 Residential Market Report November 2015

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Stuart FL 34996 Residential Market Report November 2015

Stuart FL 34996 Residential Market Report October 2015

Stuart FL 34996 Residential Market Report October 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2015

For October 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 161 active listings (Up by 25 homes from September).

Stuart FL 34996 Residential Market Report October 2015

17 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from September).

Stuart FL 34996 Residential Market Report October 2015

12 Homes Sold in October (Unchanged from September).

Stuart FL 34996 Residential Market Report October 2015

The 34996 zip code area of the Stuart Florida residential real estate market had a surprising jump in inventory for October.  While this should be good news for buyers as there is a better selection of available homes, the corresponding increase in sales activity has not yet materialized.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October continued to slide up to 13.4 months as compared to September’s 11.3 months.  A strong buyers market for this section of Martin County.  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 2014 were: 156 active listings, 32 pending sales and 11 closed sales.  While closed sales were close to last year, the reduced number of pending sales this year is a bit troubling.

Stuart FL 34996 Residential Market Report October 2015

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Stuart FL 34996 Residential Market Report October 2015

Stuart FL 34996 Residential Market Report September 2015

Stuart FL 34996 Residential Market Report September 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2015

 

For September 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 136 active listings (Down by 3 homes from August).

Stuart FL 34996 Residential Market Report September 2015

27 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2015

12 Homes Sold in September (Decreased by 2 homes from August).

Stuart FL 34996 Residential Market Report September 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle a bit, especially when compared to the neighboring zip codes.  There are many luxury properties in this area and it’s not uncommon for these to take a bit longer to sell than the more modestly priced homes in other areas.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September continued its decrease to 11.3 months as compared to August’s atrocious 9.8 months.  A strong buyers market for this section of Martin County.  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 2014 were: 155 active listings, 32 pending sales and 7 closed sales.  Sales volume and activity while not robust for the 34996 zip code area continues to outperform last years numbers.

Stuart FL 34996 Residential Market Report September 2015

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Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report September 2015

Stuart FL 34996 Residential Market Report August 2015

Stuart FL 34996 Residential Market Report August 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2015

 

For August 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 139 active listings (Up by 4 homes from July).

Stuart FL 34996 Residential Market Report August 2015

32 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from July).

Stuart FL 34996 Residential Market Report August 2015

14 Homes Sold in August (Increased by 3 homes from July).

Stuart FL 34996 Residential Market Report August 2015

The 34996 zip code area of the Stuart Florida residential real estate market is slowly but surely making a come back to good activity.  While there’s still room for improvement, sales were up and pending sales are also strong for good potential future activity.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August continued its decrease to 9.8 months as compared to July’s atrocious 12.3 months.  Still a strong buyers market for this section of Martin County.  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 2014 were: 155 active listings, 28 pending sales and 13 closed sales.  Even with our current reduced inventory, sales activity was better for this year than last.

Stuart FL 34996 Residential Market Report August 2015

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Stuart FL 34996 Residential Market Report August 2015

Stuart FL 34996 Residential Market Report July 2015

Stuart FL 34996 Residential Market Report July 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2015

 

For July 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 135 active listings (Down by 1 homes from June).

1 active

34 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from June).

Stuart FL 34996 Residential Market Report July 2015

11 Homes Sold in July (Increased by 3 homes from June).

Stuart FL 34996 Residential Market Report July 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to struggle, though it improved from June’s very poor showing.  Unfortunately pending sales were off considerably this month.  This could be a sign of continued weak activity for the near future.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July dropped to 12.3 months as compared to June’s atrocious 17 months.  Still a strong buyers market for this section of Martin County.  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 2014 were: 169 active listings, 32 pending sales and 21 closed sales.  Considerably weaker activity this year as compared to July of 2014.

Stuart FL 34996 Residential Market Report July 2015

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Stuart FL 34996 Residential Market Report July 2015

Stuart FL 34996 Residential Market Report June 2015

Stuart FL 34996 Residential Market Report June 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2015

 

For June 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 136 active listings (Down by 11 homes from May).

Stuart FL 34996 Residential Market Report June 2015

44 Residential sales are pending and awaiting close or lender approval (Up by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2015

8 Homes Sold in June (Decreased by 8 homes from May).

Stuart FL 34996 Residential Market Report June 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to show some weakness.  Pending sales are quite strong, but closed sales were off for June.

The one month absorption rate for the 34996 zip code area of Stuart Florida for June jumped dramatically to 17 months as compared to May’s 9.2 months.  A pretty good buyers market fot this section of Martin County.  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 2014 were: 177 active listings, 38 pending sales and 15 closed sales.  Dramatically reduced inventory is contributing to a lower volume of activity for the 34996 zip code area of Stuart.

Stuart FL 34996 Residential Market Report June 2015

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Stuart FL 34996 Residential Market Report June 2015

Stuart FL 34996 Residential Market Report May 2015

Stuart FL 34996 Residential Market Report May 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2015

 

For May 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 147 active listings (Down by 26 homes from April).

Stuart FL 34996 Residential Market Report May 2015

34 Residential sales are pending and awaiting close or lender approval (Up by 5 homes from April).

Stuart FL 34996 Residential Market Report May 2015

16 Homes Sold in May (Decreased by 2 homes from April).

Stuart FL 34996 Residential Market Report May 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to show some weakness.  A surprisingly large drop in inventory will not help for future sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May decreased slightly to 9.2 months as compared to April’s 9.6 months.  Drifting in a better direction, though with lots of room for improvement.  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 2014 were: 187 active listings, 48 pending sales and 20 closed sales.  Considerably better activity last year.  (It should be noted that this zip code includes the Sewalls Point area, and should the Sewalls Point activity be excluded from this report, it would look much better.)

Stuart FL 34996 Residential Market Report May 2015

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Stuart FL 34996 Residential Market Report May 2015

Stuart FL 34996 Residential Market Report April 2015

Stuart FL 34996 Residential Market Report April 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2015

 

For April 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 173 active listings (Up by 6 homes from March).

Stuart FL 34996 Residential Market Report April 2015

29 Residential sales are pending and awaiting close or lender approval (Down by 8 homes from March).

Stuart FL 34996 Residential Market Report April 2015

18 Homes Sold in April (Decreased by 3 homes from March).

Stuart FL 34996 Residential Market Report April 2015

The 34996 zip code area of the Stuart Florida residential real estate market retreated from the improved numbers of last month.  Both pending sales as well as closed sales were off for the month as compared to March.  A little bit of a disappointing report especially when looking at our other Stuart markets.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April increased to 9.6 months as compared to March’s 7.9 months.  Drifting to even a stronger buyers’ market.  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 2014 were: 186 active listings, 52 pending sales and 11 closed sales.  Better sales activity this year, but the pending sales are off as compared to last year, which may mean slower sales in the immediate future.

Stuart FL 34996 Residential Market Report April 2015

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Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report April 2015

Stuart FL 34996 Residential Market Report March 2015

Stuart FL 34996 Residential Market Report March 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2015

 

For March 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 166 active listings (Up by 8 homes from February).

Stuart FL 34996 Residential Market Report March 2015

37 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from February).

Stuart FL 34996 Residential Market Report March 2015

21 Homes Sold in March (Increased by 9 homes from February).

Stuart FL 34996 Residential Market Report March 2015

The 34996 zip code area of the Stuart Florida residential real estate market continues to show improvement from a fairly anemic beginning of the year for 2015, though there’s still more room for improvement.   Increase closed sales as well as inventory, along with a small decrease in pending sales for March.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March decreased to 7.9 months as compared to February’s 13.2 months.  Still a buyers’ market, though the trend is 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 March of 2013 were: 162 active listings, 47 pending sales and 15 closed sales.  We experienced more  closed sales  this year, but the pending (future) sales activity was better last year.

Stuart FL 34996 Residential Market Report March 2015

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Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report March 2015

Stuart FL 34996 Residential Market Report February 2015

Stuart FL 34996 Residential Market Report February 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2015

 

For February 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 158 active listings (Down by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2015

39 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2015

12 Homes Sold in February (Increased by 5 homes from January).

Stuart FL 34996 Residential Market Report February 2015

The 34996 zip code area of the Stuart Florida residential real estate market rebounded a bit from a very poor start in January, though there’s still more room for improvement.   Increase closed sales along with a small decrease in pending sales and inventory for February.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February increased to 13.2 months as compared to January’s 22.9 months.  A huge buyers’ market, though I suspect this will be a short time phenomenon.  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 2013 were: 152 active listings, 40 pending sales and 6 closed sales.  Very similar activity to Feb. 2014.  No significant differences other than double the number of closed sales.

Stuart FL 34996 Residential Market Report February 2015

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Stuart FL 34996 Residential Market Report February 2015

Stuart FL 34996 Residential Market Report January 2015

Stuart FL 34996 Residential Market Report January 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2015

 

For January 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 160 active listings (Down by 16 homes from December).

Stuart FL 34996 Residential Market Report January 2015

41 Residential sales are pending and awaiting close or lender approval (Up by 19 homes from December).

Stuart FL 34996 Residential Market Report January 2015

7 Homes Sold in January (Decreased by 17 homes from December).

Stuart FL 34996 Residential Market Report January 2015

The 34996 zip code area of the Stuart Florida residential real estate market started off with greatly decreased closed activity from previous months.  Though, the bright note is also greater pending activity, which should equate to much better closed sales coming in the next few months.  The inventory was down, which also came as a surprise.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased to 22.9 months as compared to December’s 7.3 months.  A huge buyers’ market, though I suspect this will be a short time phenomenon.  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 2013 were: 146 active listings, 33 pending sales and 17 closed sales.  Better closed activity last year, though the greater pending numbers and inventory is a good sign for later performance.

Stuart FL 34996 Residential Market Report January 2015

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Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report January 2015

Stuart FL 34996 Residential Market Report December 2014

Stuart FL 34996 Residential Market Report December 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2014

 

For December 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 176 active listings (Up by 13 homes from November).

Stuart FL 34996 Residential Market Report December 2014

22 Residential sales are pending and awaiting close or lender approval (Down by 9 homes from November).

Stuart FL 34996 Residential Market Report December 2014

24 Homes Sold in December (Increased by 9 homes from November).

Stuart FL 34996 Residential Market Report December 2014

The 34996 zip code area of the Stuart Florida residential real estate market had increased inventory for December and a nice jump in closed sales.  Unfortunately pending sales were off.  I’m expecting continued increases in inventory as the new year gets under way and most likely an increase in pending sales as well.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December decreased to 7.3 months as compared to November’s 10.9 months.  Still a buyers market, but almost back into a balanced one.  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 2013 were: 128 active listings, 25 pending sales and 16 closed sales.  For the 34996 residential real estate area, there’s a considerably more inventory of available homes this year when compared to last year.  Pending sales are not as strong as last year which may indicate a little weaker start to the year.  Closed sales were better for this year, though.

Stuart FL 34996 Residential Market Report December 2014

 

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Stuart FL 34996 Residential Market Report December 2014

Stuart FL 34996 Residential Market Report November 2014

Stuart FL 34996 Residential Market Report November 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2014

 

For November 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 163 active listings (Up by 7 homes from October).

Stuart FL 34996 Residential Market Report November 2014

 

31 Residential sales are pending and awaiting close or lender approval (Down by 1 home from October).

Stuart FL 34996 Residential Market Report November 2014

15 Homes Sold in November (Increased by 4 homes from October).

Stuart FL 34996 Residential Market Report November 2014

The 34996 zip code area of the Stuart Florida residential real estate market is moving in the right direction after a fairly slow summer.  Inventory as well a s closed sales rose for November while pending sales were off slightly, but still quite strong.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November decreased to 10.9 months as compared to October’s 14.2 months.  Still a buyers 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 2013 were: 139 active listings, 29 pending sales and 9 closed sales.  For the 34996 residential real estate area, there’s a considerably greater inventory of available homes this year when compared to last year.  Percentage wise, market activity is quite similar to last years’.

Stuart FL 34996 Residential Market Report November 2014

 

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Stuart FL 34996 Residential Market Report November 2014