Stuart Florida Market Report ZIP Code 34994 Residential April 2015

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2015

For April, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 68 active listings (Decreased by 8 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

33 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential April 2015

21 Homes Sold in March (Up by 5 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

The 34994 ZIP code area of the Stuart, Florida showed continued strong activity, but unfortunately the inventory is dropping to very low levels and this is reflected in the decreasing number of pending sales.  A possible indication of future slower closed activity.

The one month absorption rate for the 34994 zip code for April decreased to 3.2 months from last months 4.8 months, even a stronger seller’s market for April.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2014 numbers were 74 Active Listings, 24 pending sales and 15 closed sales.  Better overall activity for this year as compared to April of 2014.

Stuart Florida Market Report ZIP Code 34994 Residential April 2015

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Stuart Florida Market Report ZIP Code 34994 Residential April 2015

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