Stuart FL 34996 Residential Market Report March 2019
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for March 2019
For March 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 163 active listings (Decreased by 8 homes from February).
49 Residential sales are pending and awaiting close (Up by 10 homes from February).
18 Homes Sold in March (Down by 3 homes from February).
The 34996 zip code area of the Stuart Florida had a nice jump in pending sales. Unfortunately, closed sales were down compared to last month while the inventory stayed fairly steady.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for March rose to 9.1 months as compared to the 8.1 months for last month. 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 a 7 month absorption rate.
The numbers for March 2018 were: 133 active listings, 48 pending sales, and 29 closed sales. Better closed sales numbers for last year. A slightly higher number of pending sales this year, but this is also with a considerably greater number of available homes for sale (inventory).
Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation
Search here for homes for sale in the 34996 zip code area of Stuart FL
Search here for vacant land for sale in the 34996 zip code area of Stuart FL
Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate
Leave a Reply