Stuart Florida Market Report ZIP Code 34994 – Residential, December 2011

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2011

For December 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active listings (Up 8 from November).

31 Residential sales are pending and awaiting close or lender approval (Down 1 from November).

7 Homes Sold in December (Down 4 homes from November)

The 34994 ZIP code area of Stuart had a fairly slow month of December. With inventory up by8 homes, pending sales were off by only 1 and closed sales were off by 4 homes. Comparing the activity to December of 2010 when there were 114 active listings with 37 pending sales and 14 closed sales. A significantly lower number of sales were completed this year compared to last year with less available inventory.

With the lower number of homes on the market this year, it will be interesting to see what happens as we get into the height of the season in the next few months.

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