Stuart Florida Market Report ZIP Code 34994 Residential June 2016

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2016

For June, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 70 active listings (Up by 8 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

33 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential June 2016

17 Homes Sold in May (Down by 1 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had excellent activity for June with very strong future activity (pending sales) and also a nice increase in closed sales.  Though, the reduced inventory is a potential problem.

The one month absorption rate for the 34994 zip code for June increased to 4.1 months from 3.4 months for May.  Still in a sellers’ market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2014 numbers were 64 Active Listings, 38 pending sales and 14 closed sales.   Slightly better volume of activity for this year when compared to June of 2015.

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

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 2016

Leave a Reply