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

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

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

There are currently 62 active listings (Down 2 from June).

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53 Residential sales are pending and awaiting close or lender approval (Up 3 from June).

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16 Homes Sold in July (Up 7 home from June)

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The 34994 ZIP code area of the Stuart, Florida real estate market continues to show very positive market activity.  Sales were up, pending sales also increased and the inventory continued to decline.  With only 62 available homes for sale in this zip code are of Stuart, finding quality well priced homes is becoming difficult for buyers.

The one month absorption rate for this zip code is just under 4 months.  This would typically signify a major shift as we enter into a sellers market.  Well priced homes that are correctly presented are selling in days if not hours in this market.