Search Results for: Stuart Florida 34994 Residential Market Report

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code March 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code March 2014

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

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

There are currently 80 active listings (Increased by 3 homes from February)

35 Residential sales are pending and awaiting close or lender approval (Up by 1 home from February).

10 Homes Sold in February (Increased by 1 home from February)

After two months of decreasing closed sales in the 34994 ZIP code area of the Stuart, Florida, there was finally an increase for March, although it was only by 1 home.  Pending sales also increased by 1 home, while, the inventory also increased slightly.  As home values rise, latent demand from sellers seems to be materializing in more active listings.  There has to be enough demand to offset this increase in inventory.  With 35 pending home sales, it does look like closed sales should increase in the coming months.

The one month absorption rate for the 34994 zip code for March decreased to 8 months from last months 8.6 months. Still 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 February 2012 numbers were 67 Active Listings, 34 pending sales and 5 closed sales.   Inventory is up for this year as were closed sales compared to March of 2013.  Pending sales are very similar (and as a percentage are not as good when the inventory values are factored in).

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Stuart Florida Market Report ZIP Code 34994 Residential March 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

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

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

 

There are currently 77 active listings (Increased by 10 homes from January)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

 

34 Residential sales are pending and awaiting close or lender approval (Unchanged from January).

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

 

9 Homes Sold in January (Decreased by 1 homes from January)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

The 34994 ZIP code area of the Stuart, Florida had a second month of decreases in closed sales, although down by only 1 home for this month.  Pending sales were unchanged.  While, the inventory took another sizable increase.  As home values rise, latent demand from sellers seems to be materializing in more active listings.  There has to be enough demand to offset this increase in inventory, and in the short term, it appears that this hasn’t yet happened. 

The one month absorption rate for the 34994 zip code for February increased to 8.6 months from last months 6.7 months.  Back to 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 January 2012 numbers were 76 Active Listings, 23 pending sales and 10 closed sales.   Very similar numbers to 2013, with the exception of higher pending numbers this year, which may equate to better sales in the near future.

 Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential February 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code January 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code January 2014

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

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

 

There are currently 67 active listings (Increased by 11 homes from December)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code January 2014

34 Residential sales are pending and awaiting close or lender approval (Up 2 homes from December).
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code January 2014

10 Homes Sold in December (Decreased by 4 homes from December)
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code January 2014

The 34994 ZIP code area of the Stuart, Florida had a decrease in closed sales for the start of 2014.  Pending sales were up slightly.  While, the inventory took a nice jump, of over 10%.

The one month absorption rate for the 34994 zip code for January increased to 6.7 months from last months 4 months.  Now, 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 December 2012 numbers were 64 Active Listings, 31 pending sales and 5 closed sales.   Considerably better activity than at the start of 2013.Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code January 2014

 

 

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Stuart Florida Market Report ZIP Code 34994 Residential January 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2013

 For December 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 266 active listings. (Down by 11 homes from November)Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

75 Residential sales are pending and awaiting close  (Unchanged from November)
Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

43 Homes Sold in December (Up by 6 homes from last month)Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

A strong finish for 2013 from the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Pending sales were unchanged for December while sales increased.  Inventory decreased after a fairly sizable increase from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 6.2 months (7.5 months in November).  A balanced market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2012 were:  293 active listings, 84 pending sales and 45 closed sales.  Very similar numbers to the end of last year when the reduced inventory s taken into account.

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2013

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

 

There are currently 119 active condo listings (Increased by 1 condo from November).Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

39 Condo sales are pending and awaiting close or lender approval. (Down by 3 condo from last month) 

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

9 Condos Sold in December (Decreased by 11 condos from November).Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

After a good November market for the 34994 condo market, December turned out quite disappointing.  Sales were off by over 50% from November and pending sales also declined slightly.  Inventory was up marginally.

The one month absorption rate jumped up to 13.2 months compared to last month’s 5.9.  Back into a strong buyer’s market for the 34994 zip code condo market of Stuart FL.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last December the numbers were 153 active listings, 35 pending sales, and 14 closed sales.   With the lower inventory factored into the numbers, very similar to last year’s activity.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code December 2013

 

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2013

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2013

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

 

There are currently 56 active listings (No changes from November)Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

32 Residential sales are pending and awaiting close or lender approval (Down 3 homes from November).
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

14 Homes Sold in November (Increased by 1 home from November)
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

The 34994 ZIP code area of the Stuart, Florida had a small increase in closed sales (a good thing) and a second month in a row with a drop in pending sales (not such a good thing).  The inventory of available homes remained unchanged at 56 homes, which is a very low number for this zip code area of Stuart FL. 

The one month absorption rate for the 34994 zip code for December decreased to 4 months from last months 4.3 months.  Continuing as a strong seller’s market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The December 2012 numbers were 75 Active Listings, 27 pending sales and 14 closed sales.   Better market activity for the end of 2013 when compared to December 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

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Stuart Florida Market Report ZIP Code 34994 Residential December 2013

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2013

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

 

There are currently 118 active condo listings (Decreased by 3 condos from October).

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

42 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from last month)
 
Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

 

20 Condos Sold in November (Increased by 6 condos from October).

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

A small and welcome increase in activity for the Stuart Condo market for zip code 34994.   Pending sales remained virtually unchanged while we had a nice rise in closed sales to 20 condos.  The inventory which rose the past two months, was once again down.

The one month absorption rate rose to 5.9 months compared to last months 8.6.  A marginal sellers’ market for the 34994 zip code condo market of Stuart FL.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last November the numbers were 153 active listings, 42 pending sales, and 11 closed sales.   Better activity this year than last, especially when considering the greatly reduced number of available condos for sale.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Stuart Florida Market Report ZIP Code 34994 Condo, November 2013

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Stuart Florida Market Report ZIP Code 34994 – Condo, November 2013

Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential October 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2013

 For October 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 249 active listings. (Up by 4 homes from September)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

84 Residential sales are pending and awaiting close  (Increased by 15 homes from September)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

 

26 Homes Sold in October (Down by 23 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  After last month’s large decrease in pending sales, we had a significant decrease in closed sales this moth as well.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 9.6 months (5 months in September).  This is an unexpected jump back into a fairly strong buyer’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2012 were:  300 active listings, 79 pending sales and 26 closed sales.   Slightly better numbers for this year when the reduced inventory is factored into the activity.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

 Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, October 2013

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2013

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

 

There are currently 121 active condo listings (Increased by 2 condos from September). Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

43 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from last month)
 
Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

 

14Condos Sold in October (Decreased by 1 condo from September).

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

For the summer season in the Stuart Condo market for zip code 34994 both pending and closed sales were down again for October.   The inventory grew for a second month in a row by 2 condos.  Not unexpected results as the condo market in Martin County is very seasonably dependent, though other segments of the Stuart condo market have had better activity.  We are now awaiting the ‘snowbirds’ to return and to see how they feel about buying in our market.

The one month absorption rate rose to 8.6 months compared to last months 7.9.  Back into a more pronounced buyer’s market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last October the numbers were 143 active listings, 45 pending sales, and 13 closed sales.   When the reduced inventory is accounted for, the real estate market for condos in the 34994 zip code area of Stuart is still out-performing October 2012 activity.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Stuart Florida Market Report ZIP Code 34994 Condo, October 2013

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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2013

Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2013

 For September 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 245 active listings. (Up by 12 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

69 Residential sales are pending and awaiting close  (A decrease of 26 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

49 Homes Sold in September (Up by 1 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  Troubling for this month was the large decrease in pending sales.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 5 months (4.9 months in August).  Continuing as a sellers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2012 were:  316 active listings, 69 pending sales and 15 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market for this September.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, September 2013

Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential August 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2013

 For August 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 233 active listings. ( Down by 5 homes from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

95 Residential sales are pending and awaiting close  (A decrease of 1 home from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

48 Homes Sold in August (Up by 6 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Closed sales were up again for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory levels continue to decrease to record levels not seen since well before the housing crisis began.  Pending sales remain strong as well, decreasing by only one home, which is impressive considering the reduced inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.9 months (5.7 months in July).  A strong sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2012 were:  298 active listings, 55 pending sales and 37 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, August 2013

Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for August 2013

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

 

There are currently 1112 active condo listings (Increased by 3 condo from July).Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

48 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from last month)
Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

 

16 Condos Sold in August (Increased by 5 condos from July).Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

For the summer season in the Stuart Condo market for zip code 34994 pending sales were off slightly from last month.   The inventory grew by 3 condos.  Sales increased by 5 condos.   This is considered the ‘off’ season for the Martin County condo market, so the increase in the number of sales is certainly a welcome number.

The one month absorption rate dipped to 7 months compared to last months 9.6.  Just about a balanced market..  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last August the numbers were 143 active listings, 43 pending sales, and 13 closed sales.   When the reduced inventory is accounted for, the real estate market for condos in the 34994 zip code area of Stuart is quite strong when compared to August of 2012.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Stuart Florida Market Report ZIP Code 34994 Condo, August 2013

 

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Stuart Florida Market Report ZIP Code 34994 – Condo, August 2013

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential, July 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2013

 For July 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 238 active listings. ( Down by 10 homes from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

96 Residential sales are pending and awaiting close  (A decrease of 11 homes from June)

Pending - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

42 Homes Sold in July (Up by 5 homes from last month)

Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

Closed sales were up for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  After an increase of inventory in June, we’re back to lower numbers for July.  Pending sales were also off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.7 months.  Back to a slight sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2012 were:  279 active listings, 77 pending sales and 31 closed sales.   Much better activity year to year for the Hobe Sound residential real estate market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2013

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

 

There are currently 109 active condo listings (Decreased by 3 condo from June).

Active Listings - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013


 

53 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month)

Pending Listings - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

 

11 Condos Sold in July (Decreased by 6 condos from June).

Sales - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

 

 

We’re in the off season for the Stuart Condo market for zip code 34994.   Surprisingly pending sales increased  by 1 condo while closed sales decreased by 6 units.   The inventory decline continues, by three condos this month.  It is a fairly seasonal condo market and we often see inventory declines in the summer months with an expected increase in late fall as the snowbird season begins.

The one month absorption rate rose to to 9.6 months, once again a buyers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last July the numbers were 153 active listings, 30 pending sales, and 17 closed sales.  Closed sales were off a little as compared to last year, but inventory is off by more than 30%, yet the pending numbers are considerably better.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Market Summary - Stuart Florida Market Report ZIP Code 34994 Condo, July 2013

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Stuart Florida Market Report ZIP Code 34994 – Condo, July 2013

Hobe Sound Florida Market Report ZIP Code 33455 Residential, June 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential, June 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2013

 For June 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 248 active listings. ( Up by 20 home from May)

[singlepic id=3732 w=500 h=500 float=center]

 

107 Residential sales are pending and awaiting close  (An increase of 2 home from May)

[singlepic id=3733 w=500 h=500 float=center]

 

37 Homes Sold in June (Down by 13 home from last month)

[singlepic id=3734 w=800 h=800 float=center]

 

Sales were off by 13 homes from a very strong May in the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory increased as sellers are realizing that some of the best conditions exist in many years for a successful home sale.  Pending numbers remained strong, decreasing by only 1 home.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 6.7 months from the 4.6 of last month, thus inching back to a very slight buyers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2012 were:  266 active listings, 93 pending sales and 46 closed sales.   Still a strong showing for this year with some good future potential with the high number of pending sales.

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

[singlepic id=3735 w=700 h=700 float=center]

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Hobe Sound, FL Real Estate

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, June 2013

Stuart Florida Market Report ZIP Code 34994 Condo, June 2013

Stuart Florida Market Report ZIP Code 34994 Condo, June 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2013

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

 

There are currently 112 active condo listings (Decreased by 1 condo from May).

[singlepic id=3756 w=500 h=500 float=center]


 

52 Condo sales are pending and awaiting close or lender approval. (Up by 10 condos from last month)

[singlepic id=3757 w=500 h=500 float=center]

 

17 Condos Sold in June (Decreased by 13 condos from May).

[singlepic id=3759 w=800 h=800 float=center]

 

 

Mixed signals for the Stuart Condo market for zip code 34994.   Pending sales increased significantly by 10 condos in June while closed sales decreased to only 17 units.   The inventory declined again, but only by 1 condo.  This low inventory June result in decreasing market numbers in the coming months.

The one month absorption rate jumped up to 6.6 months, a very slight buyers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last June the numbers were 140 active listings, 40 pending sales, and 12 closed sales.  Even with the reduced activity from last month, this years numbers are a significant improvement over June of 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

[singlepic id=3758 w=700 h=700 float=center]

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Stuart Florida Market Report ZIP Code 34994 – Condo, June 2013

Stuart Florida Market Report ZIP Code 34994 – Condo, May 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, May 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for May 2012

For May 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 150 active condo listings (Up by 3 condos from April).

37 Condo sales are pending and awaiting close or lender approval. (Down 6 from last month)

23 Condos Sold in May (Increased by 8 condos from April).

The Stuart Condo market for zip code 34994 showed an increase of closed sales, reflecting the winter and spring contracts that were written and went into pending status.  As the summer approaches, the inventory has taken another small rise and pending sales also decreased slightly as we typically go into a slower market for condos during the summer and fall months.  It should be noted that the 34994 zip code area of Stuart has a fairly low number of condo developments compared to other zip codes in Martin County and Stuart.

In May of 2011 the numbers were: 154 active listings, 36 pending listings and 13 closed sale.  Better closed sales numbers and pending sales along with a lower inventory.  We are still doing considerably better than last year with an improved real estate market in almost all Martin County residential real estate segments.

The one month absorption rate for this market is now 6.5 months.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither a buyers or sellers market.

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Stuart Florida Market Report ZIP Code 34994 – Condo, May 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, November 2011

Stuart Florida Market Report ZIP Code 34994 – Condo, November 2011

Stuart Real Estate Snapshot for ZIP Code 3499, Condo Sales for November 2011

For November 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 146 active condo listings (Up 11 from October).

35 Condo sales are pending and awaiting close or lender approval. (Up 4 from last month)

10 Condos Sold in November (Down 11 units from October).

Unlike the residential market in Martin County, Florida, the Stuart condo market for the area in ZIP code 34994 continues to show some weakness.  While inventory is down significantly from last year’s levels (177 units in 2010 to 146 in 2011), sales were off from the previous month as well as last year.  Inventory has also risen for the past two months.  On a positive note, pending sales were up slightly.  The vast majority of sales in this Stuart (34994 zip code market) are selling in the lower spectrum of the price range.

How much of this market trend can be attributed to the slower holiday season is not known at this point.  In the next few months, the peak season for condos will show what the market can bear for the 2012 Treasure Coast condo sales season.

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

Stuart Florida Market Report ZIP Code 34994 – Condo, November 2011

Market Report: Palm City, Florida Real Estate Residential Sales in Zip Code 34990

Market Report: Palm City, Florida Real Estate Sales
Zip Code 34990, Residential Sales for the Past 30 days

 

In the past 30 days, 32 homes have sold in the 34994 zip code area of Palm City, Florida.

There are currently 543 active listings.

105 Residential sales are pending and awaiting close.

Search here for Palm City Florida Real Estate for Sale

Market Report: Palm City, Florida Real Estate Sales
Zip Code 34990, Residential Sales for the Past 30 days

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!