Stuart Florida Market Report ZIP Code 34994 Residential July 2015

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2015

For July, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 62 active listings (Decreased by 2 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

32 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential July 2015

16 Homes Sold in June (Up by 2 homes from June)

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

The 34994 ZIP code area of the Stuart, Florida continues to perform very well even though the inventory of available homes is getting into ver low and troubling levels.

The one month absorption rate for the 34994 zip code for July decreased to 3.9 months from last months 4.6 months, a very strong sellers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2014 numbers were 73 Active Listings, 34 pending sales and 15 closed sales.  Similar sales activity, though the reduced inventory may be an issue for volume of sales in the near future.

Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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Stuart Florida Market Report ZIP Code 34994 Residential July 2015

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