Stuart Florida Market Report ZIP Code 34994 Residential June 2013

Stuart Florida Market Report ZIP Code 34994 Residential June 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2013

For June, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 54 active listings (Down 2 from May).

[singlepic id=3719 w=400 h=400 float=center]

 

36 Residential sales are pending and awaiting close or lender approval (Down 6 homes from May).

[singlepic id=3720 w=400 h=400 float=center]

 

11 Homes Sold in May (Increased by 2 homes from May)

[singlepic id=3721 w=800 h=800 float=center]

 

Closed sales were up by two homes in the 34994 ZIP code area of the Stuart, Florida.   Available homes for sale (Inventory) are now down to only 54 homes.   Pending sales were off a little for May, but still remain strong for the size of this market.  If the inventory remains at these low levels, sales numbers will be declining in the future.  But, if prices continue to rise, I will be expecting a growth in inventory for the approaching winter season.

The one month absorption rate for the 34994 zip code for June dropped to 4.9 months. which signifies a seller’s market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2012 numbers were 70 Active Listings, 50 pending sales and 9 closed sales.  Considering the lower inventory this year as compared to last, market activity is quite strong for the 34994 zip code area of this Stuart residential home market.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

 [singlepic id=3726 w=700 h=700 float=center]

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 June 2013

Leave a Reply