Stuart Florida Market Report ZIP Code 34994 – Residential, December 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2012

For December, 2012 in the 34994 Zip Code area of Stuart, Florida :

There are currently 75 active listings (Up 4 from November).

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27 Residential sales are pending and awaiting close or lender approval (Down 8 from November).

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14 Homes Sold in December (Up 10 homes from November)

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The 34994 ZIP code area of the Stuart, Florida real estate market finished off 2012 with a good month for closings (up 10 from November).  Inventory has crept up again for the third month in a row which makes more homes available for buyers.  This is a good indication of more potential sellers entering the market giving a better choice for potential buyers in the 34994 zip code area of Stuart, FL.  Pending sales cooled reflecting reduced traffic during the holiday season.

The one month absorption rate for the 34994 zip code for December was 5.36 months. which signifies a sellers market.

The December 2011 numbers were 87 Active Listings, 31 pending sales and 7 closed sales.  Other than a slightly lower pending sales numbers, considerably better sales and less inventory.