Stuart FL 34996 Residential Market Report December 2017
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2017
For December 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 141 active listings (Decreased by 2 homes from November).
37 Residential sales are pending and awaiting close or lender approval (Up by 8 homes from November).
14 Homes Sold in December (Decreased by 5 homes from November).
The 34996 zip code area of the Stuart Florida residential real estate had reduced closed sales for the end of the year but also a nice increase in pending sales on a steady inventory. This is a good sign for the immmediate future.
The one month absorption rate for the 34996 zip code area of Stuart Florida for December rose to 10.1 months as compared to November’s 7.5 months. Still a buyer’s market for the 34996 zip code area of Stuart FL. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for December of 2016 were: 169 active listings, 31 pending sales, and 17 closed sales. Slightly better sales last year but also with a greater inventory of available homes for sale.
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Stuart Florida Real Estate presented by:
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