Stuart Florida Market Report ZIP Code 34994 Residential May 2017

Stuart Florida Market Report ZIP Code 34994 Residential May 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2017

For May, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 71 active listings (Increased by 2 homes from April)

Stuart Florida Market Report ZIP Code 34994 Residential May 2017

32 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential May 2017

16 Homes Sold in April (Up by 4 homes from April)

Stuart Florida Market Report ZIP Code 34994 Residential May 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with strong activity for May.

The one month absorption rate for the 34994 zip code for May decreased to 4.4 months from 5.8 months for April.  Trending back towards more of a sellers’ 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 2016 numbers were 62 Active Listings, 43 pending sales and 18 closed sales.  Better pending and closed activity last year with less inventory.

Stuart Florida Market Report ZIP Code 34994 Residential May 2017

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Stuart Florida Market Report ZIP Code 34994 Residential May 2017

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