Stuart FL 34994 Residential Market Report August 2014

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)

Stuart FL 34994 Residential Market Report August 2014

 

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

Stuart FL 34994 Residential Market Report August 2014

 

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

Stuart FL 34994 Residential Market Report August 2014

 

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 34994 Residential Market Report August 2014

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

 

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

Stuart Florida Market Report ZIP Code 34994 Residential August 2014

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