Stuart Florida 34994 Residential Real Estate Market Report August 2017
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2017
For August 2017 in the 34994 Zip Code area of Stuart, Florida :
There are currently 77 active listings (Increased by 2 homes from July)
26 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).
16 Homes Sold in July (Increased by 4 homes from July)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had strong activity for August with strong sales activity.
The one month absorption rate for the 34994 zip code for August dropped to 4.8 months from 6.25 months for July. Bringing the 34994 zip code area of Stuart, FL back into a sellers’ market. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The August 2016 numbers were 64 Active Listings, 25 pending sales, and 13 closed sales. Better sales and pending activity this year with a little larger inventory.
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- Land Properties for Sale in Stuart, Florida Between $0 – $500,000
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- Residential Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
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Residential Income Properties
Stuart Florida 34994 Residential Real Estate Market Report August 2017
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