Stuart Florida 34994 Residential Market Report May 2018

Stuart Florida 34994 Residential Market Report May 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2018

For May 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 67 active listings (Down by 7 homes from April)

Stuart Florida 34994 Residential Market Report May 2018

35 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).

Stuart Florida 34994 Residential Market Report May 2018

23 Homes Sold in April (Increased by 10 homes from April)

Stuart Florida 34994 Residential Market Report May 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed very strong sales activity for this month.  Much better than last month as well as last year.

The one-month absorption rate for the 34994 zip code for April plunged to 2.9 months from 5.7 months for April.  Going to a stronger 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 May 2017 numbers were 71 Active Listings, 32 pending sales, and 16 closed sales.  Stronger activity for this month when compared to last year.

Stuart Florida 34994 Residential Market Report May 2018

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Stuart Florida 34994 Residential Real Estate Market Report May 2018

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