Stuart Florida Market Report ZIP Code 34994 Residential March 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2015

For March, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 76 active listings (Decreased by 13 homes from February)

45 Residential sales are pending and awaiting close or lender approval (Increased by 12 homes from last month).

 

16 Homes Sold in February (Up by 5 homes from February)

The 34994 ZIP code area of the Stuart, Florida showed some excellent activity for the month.  Both pending and closed sales increased very nicely.  Unfortunately, the active inventory is down and may impact future market activity as there is just not enough homes to choose from.

The one month absorption rate for the 34994 zip code for March decreased to 4.8 months from last months 8.1 months, transitioning into a strong seller’s market for March.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2013 numbers were 80 Active Listings, 35 pending sales and 10 closed sales.  A little better sold activity for this year, but this comes with increased inventory as compared to last year.  Considerably better activity for 2015 as compared to last March.

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Stuart Florida Market Report ZIP Code 34994 Residential February 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2015

For February, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 89 active listings (Increased by 4 homes from January)

33 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from last month).

 

11 Homes Sold in January (Up by 2 homes from January)

The 34994 ZIP code area of the Stuart, Florida had a small increase in inventory for February 2015.  Closed sales were up slightly while pending sales decreased, though they are still fairly strong.

The one month absorption rate for the 34994 zip code for February decreased to 8.1 months from last months 9.9 months, still a buyers market for February.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2013 numbers were 77 Active Listings, 34 pending sales and 9 closed sales.  A little better sold activity for this year, but this comes with increased inventory as compared to last year.  Overall, a bit sluggish market for the start of 2015, but it appears to be getting a little momentum.

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Stuart Florida Market Report ZIP Code 34994 Residential January 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2015

For January, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 85 active listings (Down by 4 homes from December)

37 Residential sales are pending and awaiting close or lender approval (Increased by 13 homes from last month).

 

9 Homes Sold in December (Down by 3 homes from December)

The 34994 ZIP code area of the Stuart, Florida had a small decrease in inventory for the beginning of 2015.  Unfortunately sales were off by 3 homes, though we had a sizable increase in pending sales which should translate to higher sales numbers in the coming months.

The one month absorption rate for the 34994 zip code for January increased to 9.9 months from last months 7.4 months, back to a strong buyers market for January.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2013 numbers were 67 Active Listings, 34 pending sales and 10 closed sales.  This area of Stuart FL continues with higher inventory figures from last year.   Fairly close market activity to January of last year.

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Stuart FL 34994 Residential Market Report August 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2014

 

For August 2013 in the 34994 Zip Code area of Stuart, Florida:

There are currently 67 active listings (Decreased by 6 homes from July)

 

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

 

10 Homes Sold in August (Decreased by 5 homes from July)

 

August activity for the 34994 ZIP code area of the Stuart, Florida had a decrease in closed sales for August.  There was also a decrease in available inventory of homes for sale.  The one positive note is the increase in pending sales.  A sign for better activity in the near future.

The one month absorption rate for the 34994 zip code for August decreased to 6.7 months from last months 4.9 months.  For August we are back into a balanced market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2013 numbers were 59 Active Listings, 33 pending sales and 8 closed sales.   Considerably improved activity for this year.

Stuart, FL Real Estate

Rental Properties

• Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Condominium Properties

• Condominium Properties for Sale in Stuart, Florida Between $0 – $500,000
• Condominium Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Condominium Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Condominium Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000

Vacant Land Properties

• Vacant Land Properties for Sale in Stuart, Florida Between $0 – $500,000
• Vacant Land Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Vacant Land Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Vacant Land Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
• Vacant Land Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000
• Vacant Land Properties for Sale in Stuart, Florida Between $2,500,000 – $3,000,000

Commercial Properties

• Commercial Properties for Sale in Stuart, Florida Between $0 – $500,000
• Commercial Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Commercial Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Commercial Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000

Residential Properties

• Residential Properties for Sale in Stuart, Florida Between $0 – $500,000
• Residential Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Residential Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Residential Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
• Residential Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000
• Residential Properties for Sale in Stuart, Florida Between $2,500,000 – $3,000,000
• Residential Properties for Sale in Stuart, Florida Between $3,000,000 – $3,500,000
• Residential Properties for Sale in Stuart, Florida Between $3,500,000 – $4,000,000
• Residential Properties for Sale in Stuart, Florida Between $4,500,000 – $5,000,000
• Residential Properties for Sale in Stuart, Florida Between $5,000,000 – $5,500,000
• Residential Properties for Sale in Stuart, Florida Between $5,500,000 – $6,000,000
• Residential Properties for Sale in Stuart, Florida Between $6,000,000 – $6,500,000
• Residential Properties for Sale in Stuart, Florida Between $7,000,000 – $7,500,000
• Residential Properties for Sale in Stuart, Florida Between $7,500,000 – $8,000,000
• Residential Properties for Sale in Stuart, Florida Between $9,500,000 – $10,000,000
• Residential Properties for Sale in Stuart, Florida Between $13,500,000 – $14,000,000
• Residential Properties for Sale in Stuart, Florida Between $19,500,000 – $20,000,000

 

 

Stuart FL 34994 Residential Market Report July 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2014

 

For July 2013 in the 34994 Zip Code area of Stuart, Florida:

There are currently 73 active listings (Increased by 2 homes from June)

 

34 Residential sales are pending and awaiting close or lender approval (No change from June).

 

15 Homes Sold in July (Increased by 2 homes from June)

 

July activity for the 34994 ZIP code area of the Stuart, Florida showed continued positive results with increased closed sales.  There was a small increase in inventory, which will hopefuly continue as a greater number of available homes for sale will give prospective buyers more of a selection.

The one month absorption rate for the 34994 zip code for July decreased to 4.9 months from last months 5.5 months.  July was a strong sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2013 numbers were 55 Active Listings, 29 pending sales and 15 closed sales.   Very similar sales figures for this year, however there was considerably less inventory for the same results for last year.

Stuart, FL Real Estate

Rental Properties

• Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Condominium Properties

• Condominium Properties for Sale in Stuart, Florida Between $0 – $500,000
• Condominium Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Condominium Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Condominium Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000

Vacant Land Properties

• Vacant Land Properties for Sale in Stuart, Florida Between $0 – $500,000
• Vacant Land Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Vacant Land Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Vacant Land Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
• Vacant Land Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000
• Vacant Land Properties for Sale in Stuart, Florida Between $2,500,000 – $3,000,000

Commercial Properties

• Commercial Properties for Sale in Stuart, Florida Between $0 – $500,000
• Commercial Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Commercial Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Commercial Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000

Residential Properties

• Residential Properties for Sale in Stuart, Florida Between $0 – $500,000
• Residential Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
• Residential Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
• Residential Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
• Residential Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000
• Residential Properties for Sale in Stuart, Florida Between $2,500,000 – $3,000,000
• Residential Properties for Sale in Stuart, Florida Between $3,000,000 – $3,500,000
• Residential Properties for Sale in Stuart, Florida Between $3,500,000 – $4,000,000
• Residential Properties for Sale in Stuart, Florida Between $4,500,000 – $5,000,000
• Residential Properties for Sale in Stuart, Florida Between $5,000,000 – $5,500,000
• Residential Properties for Sale in Stuart, Florida Between $5,500,000 – $6,000,000
• Residential Properties for Sale in Stuart, Florida Between $6,000,000 – $6,500,000
• Residential Properties for Sale in Stuart, Florida Between $7,000,000 – $7,500,000
• Residential Properties for Sale in Stuart, Florida Between $7,500,000 – $8,000,000
• Residential Properties for Sale in Stuart, Florida Between $9,500,000 – $10,000,000
• Residential Properties for Sale in Stuart, Florida Between $13,500,000 – $14,000,000
• Residential Properties for Sale in Stuart, Florida Between $19,500,000 – $20,000,000

 

 

Stuart FL 34994 Residential Market Report June 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2014

 

For June 2013 in the 34994 Zip Code area of Stuart, Florida:

There are currently 71 active listings (Decreased by 2 homes from May)

34 Residential sales are pending and awaiting close or lender approval (Up by 2 homes from May).

13 Homes Sold in June (Increased by 3 homes from May)

June activity for the 34994 ZIP code area of the Stuart, Florida showed positive results with both increased pending and closed sales.  The only caution is the continued decrease of inventory making for less potential home sales for the future.

The one month absorption rate for the 34994 zip code for June decreased to 5.5 months from last months 7.3 months.  A  shift back into a sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2012 numbers were 54 Active Listings, 36 pending sales and 11 closed sales.   Considering the increased inventory this year as compared to 2013, market activity is not quite as robust.

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Stuart FL 34994 Residential Market Report May 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2014

For May, 2013 in the 34994 Zip Code area of Stuart, Florida:

There are currently 73 active listings (Decreased by 1 home from April)

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

10 Homes Sold in May (Decreased by 5 homes from April)

After three straight months of increasing closed sales for the 34994 ZIP code area of the Stuart, Florida, May saw a decrease of 5 closed sales.  Pending sales which were off last month rebounded nicely, indicating a good possibility of increased closed sales in the coming months.  Unfortunately, the inventory continues to shrink making for less potential home sales for the future.

The one month absorption rate for the 34994 zip code for May increased to 7.3 months from last months 4.9 months.  A  shift back into a buyers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2012 numbers were 56 Active Listings, 42 pending sales and 9 closed sales.   Considering the increased inventory this year as compared to 2013, market activity is not quite as robust.

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