Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code January 2014
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for January 2014
For January 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 146 active listings (Increased by 18 homes from December).
33 Residential sales are pending and awaiting close or lender approval (Increased by 8 homes from December).
17 Homes Sold in January (Increased by 1 home from December).
After a strong December for the 34996 zip code area of the Stuart Florida residential real estate market, 2014 started with more good news with continued improving numbers. All measured criteria moved in a positive direction in January.
The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased slightly to 8.6 months as compared to December’s 8 months (mostly because of a larger increase in inventory). Still a buyer’s 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 January of 2012 were: 180 active listings, 23 pending sales and 9 closed sales. Considerably better activity than last year. Also, this is one of our few areas with continuing reduced inventory, though it did rise this month.
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
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