Search Results for: Stuart FL 34997 Residential Market Report

Stuart FL 34997 Residential Market Report June 2016

Stuart FL 34997 Residential Market Report June 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2016

 

There are currently 299 active listings (Decreased by 5 homes from May).

Stuart FL 34997 Residential Market Report June 2016

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

Stuart FL 34997 Residential Market Report June 2016

125 Homes Sold in June (Increased by 16 homes from May)

Stuart FL 34997 Residential Market Report June 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate market. It is also currently the most active in terms of sales volume and shows little signs of easing up.  Though, I will expect some softening for the summer months.
     The absorption rate continues to drop, now down to 2.4 months (was 2.8 months for May).  A very strong sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for June, were: 257 active listings, 200 pending listings and 113 closed sales.  Closed sales outpaced last years’ volume though pending sales numbers are lower.  Inventory is higher this year than last.
Stuart FL 34997 Residential Market Report June 2016

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Stuart FL 34997 Residential Market Report June 2016

 

Stuart FL 34997 Residential Market Report May 2016

Stuart FL 34997 Residential Market Report May 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2016

There are currently 304 active listings (Decreased by 5 homes from April).

Stuart FL 34997 Residential Market Report May 2016

216 Residential sales are pending and awaiting close or lender approval (Down by 3 homes from April).

Stuart FL 34997 Residential Market Report May 2016

109 Homes Sold in May (Increased by 10 homes from April)

Stuart FL 34997 Residential Market Report May 2016

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate market.  And, it is also the most active with very strong sales and pending sales activity.
     The current one month absorption rate plunged to 2.8 months (was 3.1 months for April).  Continuing as an extreme sellers’ market for the 34997 zip code area of Stuart FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for May, were: 275 active listings, 225 pending listings and 91 closed sales.  Interestingly enough, there is a greater number of homes for sale this year as compared to 2015.  Sales were better this year though the pending numbers were higher last year.  Though, with this kind of hot activity, these numbers are very similar.
Stuart FL 34997 Residential Market Report May 2016

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Stuart FL 34997 Residential Market Report May 2016

Stuart FL 34997 Residential Market Report April 2016

Stuart FL 34997 Residential Market Report April 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2016

 

There are currently 309 active listings (Increased by 1 homes from March).

Stuart FL 34997 Residential Market Report April 2016

219 Residential sales are pending and awaiting close or lender approval (Increased by 44 homes from March).

Stuart FL 34997 Residential Market Report April 2016

99 Homes Sold in April (Increased by 21 homes from March)

Stuart FL 34997 Residential Market Report April 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the most active segment of the Martin County single family real estate market.  Closed and pending sales had a second month of large improvements from last month as this segment of the Stuart residential real estate market remains very active and at a big advantage for sellers.
     The current one month absorption rate plunged to 3.1 months (was 3.9 months for March).  Even a stronger sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for April, were: 315 active listings, 223 pending listings and 98 closed sales.  Very similar activity to last year.
Stuart FL 34997 Residential Market Report April 2016

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Stuart FL 34997 Residential Market Report April 2016

 

Stuart FL 34997 Residential Market Report March 2016

Stuart FL 34997 Residential Market Report March 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2016

 

There are currently 308 active listings (Decreased by 13 homes from February).

Stuart FL 34997 Residential Market Report March 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 40 homes from February).

Stuart FL 34997 Residential Market Report March 2016

78 Homes Sold in March (Increased by 20 homes from February)

Stuart FL 34997 Residential Market Report March 2016Stuart FL 34997 Residential Market Report March 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  Closed and pending sales made huge improvements from last month as this segment of the Stuart residential real estate market remains red hot.
     The current one month absorption rate plunged to 3.9 months (was 5.5 months for February).  A very strong sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for March, were: 351 active listings, 211 pending listings and 87 closed sales.  As hot as this market is, it was still outperformed last year, though there was a greater amount of inventory.
Stuart FL 34997 Residential Market Report March 2016

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report March 2016

 

Stuart FL 34997 Residential Market Report February 2016

Stuart FL 34997 Residential Market Report February 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2016

There are currently 321 active listings (Increased by 22 homes from January).

Stuart FL 34997 Residential Market Report February 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from January).

Stuart FL 34997 Residential Market Report February 2016

58 Homes Sold in February (Decreased by 30 homes from January)

Stuart FL 34997 Residential Market Report February 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  After a very hot month of sales last month, closed sales dropped for February, but both available inventory and pending sales rose.  This should be an excellent sign for future activity.
     The current one month absorption rate rose to 5.5 months (was 3.4 months for January).  Still a sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for February, were: 373 active listings, 202 pending listings and 72 closed sales.  Unfortunately the volume of activity was a bot stronger last year, though also with greater inventory.
Stuart FL 34997 Residential Market Report February 2016

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report February 2016

Stuart FL 34997 Residential Market Report January 2016

Stuart FL 34997 Residential Market Report January 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2016

There are currently 299 active listings (Decreased by 9 homes from December).

Stuart FL 34997 Residential Market Report January 2016

156 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2016

88 Homes Sold in January (Increased by 16 homes from December)

Stuart FL 34997 Residential Market Report January 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  We have seen an unfortunate continuation of a decrease in inventory which is going to effect future sales unless this trend reverses.
     The current one month absorption rate remained almost the same at 3.4  months (was 5.0 months for December).  Even a stronger sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for January, were: 348 active listings, 198 pending listings and 76 closed sales.  Even with considerably less inventory, closed sale for 2016 were ahead of last years numbers.
Stuart FL 34997 Residential Market Report January 2016

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report January 2016

Stuart FL 34997 Residential Market Report December 2015

Stuart FL 34997 Residential Market Report December 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2015

There are currently 308 active listings (Decreased by 3 homes from November).

Stuart FL 34997 Residential Market Report December 2015

163 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from November).

Stuart FL 34997 Residential Market Report December 2015

62 Homes Sold in December (Decreased by 3 homes from November)

Stuart FL 34997 Residential Market Report December 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  For December, there has been very little changes from the previous month.
     The current one month absorption rate remained almost the same at 5.0  months (was 4.8 months for November).  Continuing as a sellers market for the 34997 segment of the Stuart residential market for all of the year.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for December, were: 337 active listings, 177 pending listings and 79 closed sales.  Better activity across the board from 2014, though the percentages are similar when the reduced inventory is factored into the equation.
Stuart FL 34997 Residential Market Report December 2015

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Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart FL 34997 Residential Market Report December 2015

Stuart FL 34997 Residential Market Report November 2015

Stuart FL 34997 Residential Market Report November 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2015

 

There are currently 311 active listings (Increased by 3 homes from October).

Stuart FL 34997 Residential Market Report November 2015

164 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from October).

Stuart FL 34997 Residential Market Report November 2015

65 Homes Sold in November (Decreased by 1 homes from October)

Stuart FL 34997 Residential Market Report November 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  We’ve had three months of increased inventory, and the sales activity seems to be absorbing all this product very strongly as we remain in a sellers market.
     The current one month absorption rate remained almost the same at 4.8  months (was 4.7 months for October).  Continuing as a sellers market for the 34997 segment of the Stuart residential market for all of the year.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for November, were: 346 active listings, 174 pending listings and 56 closed sales.  Better closed activity this year, though still not as much inventory as we had last year.
Stuart FL 34997 Residential Market Report November 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report November 2015

 

Stuart FL 34997 Residential Market Report October 2015

Stuart FL 34997 Residential Market Report October 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2015

 

There are currently 308 active listings (Increased by 31 homes from September).

Stuart FL 34997 Residential Market Report October 2015

163 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from September).

Stuart FL 34997 Residential Market Report October 2015

66 Homes Sold in October (Decreased by 15 homes from September)

Stuart FL 34997 Residential Market Report October 2015

      The Stuart Florida Residential Market for ZIP Code 34997 is the largest and has been the strongest segment of the Martin County single family real estate market.  Nice to see a couple of months of increased inventory.
     The current one month absorption rate increased to 4.7  months (was 3.4 months for September).  Most of this increase is due to the stronger inventory numbers and we still remain in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for October, were: 368 active listings, 144 pending listings and 81 closed sales.  Considerably stronger closed activity last October, though the increased number of pending sales might hold promise for the next few months.
Stuart FL 34997 Residential Market Report October 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report October 2015

 

Stuart FL 34997 Residential Market Report September 2015

Stuart FL 34997 Residential Market Report September 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2015

 

There are currently 277 active listings (Increased by 30 homes from August).

Stuart FL 34997 Residential Market Report September 2015

174 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from August).

Stuart FL 34997 Residential Market Report September 2015

81 Homes Sold in September (Increased by 2 homes from August)

Stuart FL 34997 Residential Market Report September 2015

      The Stuart Florida Residential Market for ZIP Code 34997 remains one of the strongest local markets.  For September we had a very welcome increase in inventory that should help maintain strong sales numbers for the foreseeable future.
     The current one month absorption rate increased slightly to 3.4  months (was 3.1 months for August).  Most of this increase is due to the stronger inventory numbers and we still remain in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for September, were: 351 active listings, 154 pending listings and 87 closed sales.  With the reduced inventory of this year, we are starting to fall behind as compared to last year’s inventory.
Stuart FL 34997 Residential Market Report September 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report September 2015

 

Stuart FL 34997 Residential Market Report August 2015

Stuart FL 34997 Residential Market Report August 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2015

 

There are currently 247 active listings (Increased by 15 homes from July).

Stuart FL 34997 Residential Market Report August 2015

174 Residential sales are pending and awaiting close or lender approval (Decreased by 16 homes from July).

Stuart FL 34997 Residential Market Report August 2015

79 Homes Sold in August (Decreased by 4 homes from July)

Stuart FL 34997 Residential Market Report August 2015

      The Stuart Florida Residential Market for ZIP Code 34997 remains one of the strongest local markets.  The good news is that the inventory actually rose this month after many, many months of declines.  Activity did slow some, but this is still a super hot segment and still a sellers market.
     The current one month absorption rate increased to 3.1  months (was 2.8 months for July).  Remaining in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for August, were: 351 active listings, 171 pending listings and 95 closed sales.  With the reduced inventory of this year, we are starting to fall behind as compared to last year’s inventory.
Stuart FL 34997 Residential Market Report August 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report August 2015

 

Stuart FL 34997 Residential Market Report July 2015

Stuart FL 34997 Residential Market Report July 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2015

 

There are currently 232 active listings (Decreased by 25 homes from June).

Stuart FL 34997 Residential Market Report July 2015

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

Stuart FL 34997 Residential Market Report July 2015

83 Homes Sold in July (Decreased by 30 homes from June)

Stuart FL 34997 Residential Market Report July 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the best performing segment of the Stuart residential market.  Both closed and pending sales are doing well, though as the inventory shrinks, the sales volume can’t keep up with the torrid pace set from last month.
     The current one month absorption rate increased to 2.8  months (was 2.3 months for June).  Remaining in a very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for July, were: 362 active listings, 189 pending listings and 78 closed sales.  Even with an inventory that is over 33% less than last year, closed and pending sales are still better for 2015.  Our strongest local market.
Stuart FL 34997 Residential Market Report July 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report July 2015

 

Stuart FL 34997 Residential Market Report June 2015

Stuart FL 34997 Residential Market Report June 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for June 2015

 

There are currently 257 active listings (Decreased by 22 homes from May).

Stuart FL 34997 Residential Market Report June 2015

200 Residential sales are pending and awaiting close or lender approval (Decreased by 25 homes from May).

Stuart FL 34997 Residential Market Report June 2015

113 Homes Sold in June (Increased by 22 homes from May)

Stuart FL 34997 Residential Market Report June 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory took another major drop as sales are going faster than homeowners are willing to list on the market.  Closed sales remain very strong, but the reduced inventory will soon result in a lower volume of closed sales as evidenced by the drop in pending sales.
     The current one month absorption rate dropped to 2.3  months (was 3.1 months for May).  Moving to even a stronger seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for June, were: 381 active listings, 185 pending listings and 80 closed sales.  Very strong activity this year even with a dramatic drop in inventory.
Stuart FL 34997 Residential Market Report June 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report June 2015

 

Stuart FL 34997 Residential Market Report May 2015

Stuart FL 34997 Residential Market Report May 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2015

 

There are currently 279 active listings (Decreased by 36 homes from April).

Stuart FL 34997 Residential Market Report May 2015

225 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from April).

Stuart FL 34997 Residential Market Report May 2015

91 Homes Sold in May (Decreased by 7 homes from April)

Stuart FL 34997 Residential Market Report May 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory took another major drop as sales are going faster than homeowners are willing to list on the market.  Both pending sales and closed sales remain very strong, but the reduced inventory may be a sign of some weaker future volume.
     The current one month absorption rate decreased slightly to 3.1  months (was 3.2 months for April).  Moving to even a stronger seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for May, were: 413 active listings, 164 pending listings and 107 closed sales.  Considerably better pending activity this year, but the reduced inventory is very troubling.
Stuart FL 34997 Residential Market Report May 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report May 2015

 

Stuart FL 34997 Residential Market Report April 2015

Stuart FL 34997 Residential Market Report April 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2015

 

There are currently 315 active listings (Decreased by 46 homes from March).

Stuart FL 34997 Residential Market Report April 2015

223 Residential sales are pending and awaiting close or lender approval (Increased by 12 homes from March).

Stuart FL 34997 Residential Market Report April 2015

98 Homes Sold in April (Increased by 11 homes from March)

Stuart FL 34997 Residential Market Report April 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory took a major drop as sales are going faster than homeowners are willing to list on the market.  Both pending sales and closed sales were up and well priced new listings are going off the market very quickly.
     The current one month absorption rate increased to 3.2  months (was 4 months for March).  Moving to even a stronger seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for April, were: 404 active listings, 190 pending listings and 61 closed sales.  Much stronger activity for 2015, even with a considerably reduced inventory.
Stuart FL 34997 Residential Market Report April 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report April 2015

 

Stuart FL 34997 Residential Market Report March 2015

Stuart FL 34997 Residential Market Report March 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2015

 

There are currently 351 active listings (Decreased by 21 homes from February).

Stuart FL 34997 Residential Market Report March 2015

211 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from February).

Stuart FL 34997 Residential Market Report March 2015

87 Homes Sold in March (Increased by 15 homes from February)

Stuart FL 34997 Residential Market Report March 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  The inventory gain we had in February has now been erased for March.  Solid increases in both pending and closed sales.
     The current one month absorption rate increased to 4  months (was 5.2 months for February).  A very strong seller’s market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2013 numbers for March, were: 416 active listings, 192 pending listings and 98 closed sales.  Considering the reduced inventory from last year, better activity for 2015.
Stuart FL 34997 Residential Market Report March 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report March 2015

 

Stuart FL 34997 Residential Market Report February 2015

Stuart FL 34997 Residential Market Report February 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2015

 

There are currently 373 active listings (Increased by 25 homes from January).

Stuart FL 34997 Residential Market Report February 2015

202 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from January).

Stuart FL 34997 Residential Market Report February 2015

72 Homes Sold in February (Decreased by 4 homes from January)

Stuart FL 34997 Residential Market Report February 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  We had a significant increase in inventory for February, though still under last years level.  Continued strong pending and closed numbers even if slightly off from last month.
     The current one month absorption rate increased to 5.2  months (was 4.6 months for January).  Still a sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2013 numbers for February, were: 424 active listings, 184 pending listings and 63 closed sales.  For the first two months of 2015, activity has been superior to last year.
Stuart FL 34997 Residential Market Report February 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report February 2015

 

Stuart FL 34997 Residential Market Report January 2015

Stuart FL 34997 Residential Market Report January 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2015

 

There are currently 348 active listings (Increased by 11 homes from December).

Stuart FL 34997 Residential Market Report January 2015

198 Residential sales are pending and awaiting close or lender approval (Increased by 21 homes from December).

Stuart FL 34997 Residential Market Report January 2015

76 Homes Sold in January (Decreased by 3 homes from December)

Stuart FL 34997 Residential Market Report January 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  Our inventory is lower than last year, though it did increase some from December.  Pending sales had a nice increase and only a small decrease in closed sales from last month.
     The current one month absorption rate dropped to 4.6  months (was 4.3 months for December).  Still a strong sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2013 numbers for January, were: 424 active listings, 149 pending listings and 51 closed sales.  Considerably better activity for the beginning of 2015 as compared to last year.
Stuart FL 34997 Residential Market Report January 2015

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Stuart Florida Real Estate presented by:
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Stuart FL 34997 Residential Market Report January 2015

 

Stuart FL 34997 Residential Market Report December 2014

Stuart FL 34997 Residential Market Report December 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2014

 

There are currently 337 active listings (Decreased by 9 homes from November).

Stuart FL 34997 Residential Market Report December 2014

177 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from November).

Stuart FL 34997 Residential Market Report December 2014

79 Homes Sold in December (Increased by 23 homes from November)

Stuart FL 34997 Residential Market Report December 2014

      The Stuart Florida Residential Market for ZIP Code 34997 is our largest and typically most active segment for the Stuart residential real estate market.  Activity is very strong in this zip code and the year ended in a strong way.  Unfortunately inventory continued to decline, while pending sales rose a little (though it remains very strong) and closed sales took a big jump.
 
     The current one month absorption rate dropped to 4.3  months (was 6.2 months for November).  Back into a strong sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
     The 2013 numbers for December, were: 394 active listings, 130 pending listings and 85 closed sales.  When the reduced inventory for this year is factored in, activity this year is considerably better.
 
Stuart FL 34997 Residential Market Report December 2014 
 

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Stuart FL 34997 Residential Market Report December 2014

Stuart FL 34997 Residential Market Report November 2014

Stuart FL 34997 Residential Market Report November 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2014

 

There are currently 346 active listings (Decreased by 22 homes from October).

Stuart FL 34997 Residential Market Report November 2014

174 Residential sales are pending and awaiting close or lender approval (Increased by 30 homes from October).

Stuart FL 34997 Residential Market Report November 2014

56 Homes Sold in November (Decreased by 25 homes from October)

Stuart FL 34997 Residential Market Report November 2014

      The Stuart Florida Residential Market for ZIP Code 34997 is our largest and typically most active segment for the Stuart residential real estate market.  It is the only zip code in Stuart to show a decrease in inventory for November.  There was also a sizable decrease in closed sales.  Pending sales, however, saw a big rise which indicates to me that there will be good closed activity in the coming months.
 
     The current one month absorption rate increased to 6.2  months (was 4.5 months for October).  Back into a balanced market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
     The 2013 numbers for November, were: 396 active listings, 143 pending listings and 71 closed sales.  Better closed activity last  year, though pending sales are considerably improved fromlast year while the inventory is significantly lower.
Stuart FL 34997 Residential Market Report November 2014 
 
 

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Stuart FL 34997 Residential Market Report November 2014