Stuart Florida 34994 Residential Market Report February 2018
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2018
For February 2018 in the 34994 Zip Code area of Stuart, Florida :
There are currently 81 active listings (Down by 5 homes from January)
41 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).
13 Homes Sold in January (Increased by 2 homes from January)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida has gained inventory for two months in arow unlike most areas in Martin County. Both sales and pending sales also increased.
The one-month absorption rate for the 34994 zip code for January dipped to 6.2 months from 7.8 months for January. Returning to a balanced 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 February 2017 numbers were 68 Active Listings, 25 pending sales, and 10 closed sales. One of the few areas of Martin County with increased inventory from last year along with better sales volume.
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- Residential Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
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- Residential Properties for Sale in Stuart, Florida Between $7,500,000 – $8,000,000
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