Stuart FL 34996 Residential Market Report November 2017
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2017
For November 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 143 active listings (Increased by 14 homes from October).
29 Residential sales are pending and awaiting close or lender approval (Down by 1 homes from October).
19 Homes Sold in November (Increased by 14 homes from October).
The 34996 zip code area of the Stuart Florida residential real estate showed strong activity for November with much stronger closed sales for the month.
The one month absorption rate for the 34996 zip code area of Stuart Florida for November dropped to 7.5 months as compared to October’s 25.8 months. Still a buyer’s market for the 34996 zip code area of Stuart FL but trending in the right direction. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for November of 2016 were: 186 active listings, 24 pending sales, and 9 closed sales. Much better activity this year.
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