Stuart FL 34996 Residential Market Report February 2018

Stuart FL 34996 Residential Market Report February 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2018

For February 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 130 active listings (Decreased by 16 homes from January).

Stuart FL 34996 Residential Market Report February 2018

56 Residential sales are pending and awaiting close or lender approval (Up by 19 homes from January).

Stuart FL 34996 Residential Market Report February 2018

14 Homes Sold in February (Down by 1 homes from January).

Stuart FL 34996 Residential Market Report February 2018

The 34996 zip code area of the Stuart Florida residential real estate went back to a shrinking inventory after a small increase last month.  There was a good jump in pending sales which should result in better closed activity in the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for February decreased slightly to 9.3 months as compared to January’s 9.7 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 February of 2017 were: 166 active listings, 61 pending sales, and 12 closed sales.  Slightly better closed sales numbers for this year on a reduced number of available homes for sale.

Stuart FL 34996 Residential Market Report February 2018

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Stuart FL 34996 Residential Market Report February 2018

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