Stuart Florida Market Report ZIP Code 34994 Residential December 2014

Stuart Florida Market Report ZIP Code 34994 Residential December 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2014

For December, 2014 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 89 active listings (Up 11 homes from November)

Stuart Florida Market Report ZIP Code 34994 Residential December 2014

24 Residential sales are pending and awaiting close or lender approval (Down by 11 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential December 2014

12 Homes Sold in November (Increased by 1 home from November)

Stuart Florida Market Report ZIP Code 34994 Residential December 2014

The 34994 ZIP code area of the Stuart, Florida showed quite an increase in inventory for the end of the year.   Unfortunately pending sales were off and closed sales only increased by 1 sale.  Though, typically December is a fairly slow month for closed sales.

The one month absorption rate for the 34994 zip code for December increased to 7.4 months from last months 7 months.  shifting back into a slight buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The December 2013 numbers were 56 Active Listings, 32 pending sales and 14 closed sales.  One of the few areas we have with increased inventory this year.  Unfortunately the closed activity has not increased as well.

Stuart Florida Market Report ZIP Code 34994 Residential December 2014 

 

 

Search here for Stuart Florida Real Estate for Sale

 

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34994 Residential December 2014

Leave a Reply