Stuart FL 34996 Residential Market Report April 2016
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2016
For April 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 151 active listings (Down by 12 homes from March).
55 Residential sales are pending and awaiting close or lender approval (Up by 4 homes from March).
25 Homes Sold in April (Increased by 2 homes from March).
The 34996 zip code area of the Stuart Florida residential real estate market showed some gains in all tracked criteria for April. Though, the inventory continues to decline.
The one month absorption rate for the 34996 zip code area of Stuart Florida for April decreased to 6 months as compared to March’s 7.1 months. A balanced market for this section of Martin County. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for April of 2015 were: 173 active listings, 29 pending sales and 18 closed sales. Considerably better volume this year than for April of last year even with a reduced inventory. Quite impressive.
Search here for real estate in the 34996 Zip Code of Stuart FL
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
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