Stuart Florida 34994 Residential Market Report April 2018
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2018
For April 2018 in the 34994 Zip Code area of Stuart, Florida :
There are currently 74 active listings (Down by 1 homes from March)
35 Residential sales are pending and awaiting close or lender approval (Increased by 1 homes from last month).
13 Homes Sold in March (Decreased by 14 homes from March)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a decrease in closed sales from last month (which were very strong) but remains a very strong market.
The one-month absorption rate for the 34994 zip code for March jumped to 5.7 months from 2.8 months for March. Hanging on to a seller’s market for the 34994 zip code area of Stuart, FL. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The April 2017 numbers were 69 Active Listings, 33 pending sales, and 12 closed sales. One of the few areas of Martin County with increased inventory from last year. Sales activity was very similar to last year.
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- Residential Properties for Sale in Stuart, Florida Between $7,500,000 – $8,000,000
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