Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code December 2013
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2013
For December, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 128 active listings (Decreased by 11 homes from November).
25 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from November).
16 Homes Sold in December (Increased by 7 homes from November).
For the 34996 zip code area of the Stuart Florida residential real estate market, a strong finish for closed sales in December. After an increase in inventory in November, another decrease this month along with a decrease in pending home sales as well.
The one month absorption rate for the 34996 zip code area of Stuart Florida for December dropped to 8 months as compared to November’s 15.4 months. Still a buyer’s market but once again close to a balanced market for the 34996 zip code area of Stuart. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for December of 2012 were: 151 active listings, 23 pending sales and 11 closed sales. Considerably better activity than last year. And, one of our few areas with continuing reduced inventory.
Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
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