Stuart FL 34996 Residential Market Report July 2014

Stuart FL 34996 Residential Market Report July 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2014

 

For July 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 169 active listings (Decreased by 8 homes from June).

Stuart FL 34996 Residential Market Report July 2014

 

 32 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from June).

Stuart FL 34996 Residential Market Report July 2014

 

21 Homes Sold in July (increased by 6 homes from June).

Stuart FL 34996 Residential Market Report July 2014

 

The 34996 zip code area of the Stuart Florida residential real estate market rebounded a bit from somewhat weak May results.  Closed sales were up; while, unfortunately, the pending numbers decreased.  Inventory was also down for the month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July increased to 8 months as compared to June’s 11.8 months.  Still a buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for July of 2013 were: 126 active listings, 44 pending sales and 15 closed sales.   Improved closed numbers for this year, though at a considerably greater inventory.

Stuart FL 34996 Residential Market Report July 2014

Stuart, FL Real Estate

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Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart FL 34996 Residential Market Report July 2014

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