Stuart Florida Market Report ZIP Code 34994 Residential April 2017
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2017
For April, 2017 in the 34994 Zip Code area of Stuart, Florida :
There are currently 69 active listings (Unchanged from March)
33 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month).
12 Homes Sold in March (Down by 3 homes from March)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida retreated a bit with both pending sales and closed sales decreasing for the month of April.
The one month absorption rate for the 34994 zip code for April increased to 5.8 months from 4.6 months for March. Once again approaching a balanced 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 April 2016 numbers were 65 Active Listings, 49 pending sales and 10 closed sales. Considerably better pending sales activity last year with a slightly higher closed sales activity for this year.
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Stuart Florida Market Report ZIP Code 34994 Residential April 2017
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