Stuart FL 34996 Residential Market Report July 2016
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2016
For July 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 151 active listings (Down by 7 homes from June).
27 Residential sales are pending and awaiting close or lender approval (Down by 16 homes from June).
24 Homes Sold in July (Decreased by 2 homes from June).
The 34996 zip code area of the Stuart Florida residential real estate market continues to be a strong market. Just a bit weaker than last month, but still slid and an improvement from last year.
The one month absorption rate for the 34996 zip code area of Stuart Florida for July increased to 6.3 months as compared to June’s 6.1 months. Still basically a balanced 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 July of 2015 were: 135 active listings, 34 pending sales and 11 closed sales. We have a greater inventory this year along with increased market activity.
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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