Stuart FL 34994 Residential Market Report July 2014

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)

Stuart FL 34994 Residential Market Report July 2014

 

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

Stuart FL 34994 Residential Market Report July 2014

 

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

Stuart FL 34994 Residential Market Report July 2014

 

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 34994 Residential Market Report July 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 July 2014

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