Stuart Florida Market Report ZIP Code 34994 Residential May 2015

Stuart Florida Market Report ZIP Code 34994 Residential May 2015

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

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

There are currently 72 active listings (Increased by 4 homes from April)

Stuart Florida Market Report ZIP Code 34994 Residential May 2015

31 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential May 2015

13 Homes Sold in April (Down by 8 homes from April)

Stuart Florida Market Report ZIP Code 34994 Residential May 2015

The 34994 ZIP code area of the Stuart, Florida took a small breather from the torid activity levels of last month.  There are still some solid pending and closed sales numbers, though we’d like to see a larger increase in inventory.

The one month absorption rate for the 34994 zip code for May increased to 5.5 months from last months 3.2 months, moving closer to a balanced market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2014 numbers were 73 Active Listings, 32 pending sales and 10 closed sales.  Almost identical activity to last year.

Stuart Florida Market Report ZIP Code 34994 Residential May 2015

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Stuart Florida Market Report ZIP Code 34994 Residential May 2015

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