Stuart FL 34996 Residential Market Report December 2018
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2018
For December 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 167 active listings (Decreased by 2 homes from October).
23 Residential sales are pending and awaiting close (Up by 6 homes from October).
15 Homes Sold in December (Up by 2 homes from October).
The 34996 zip code area of the Stuart Florida improved from last month. Though this segment has been in a buyer’s market now for a few months.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 11.1 months as compared to October’s 13.0 months. Remaining in 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 2017 were: 141 active listings, 37 pending sales, and 14 closed sales. Marginally better sales volume and fewer pending sales this year with a higher inventory.
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