Stuart Florida Market Report ZIP Code 34994 – Residential, November 2011

Stuart Real Estate Snapshot for ZIP Code 3499, Residential Sales for November 2011

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

There are currently 79 active listings (Up 2 from October).

32 Residential sales are pending and awaiting close or lender approval (Down 4 from October).

11 Homes Sold in November (Up 2 from October)

The 34994 ZIP code area of Stuart had a relatively unchanged market from last month.  With inventory up slightly by two homes, pending sales off by 4 and closed sales up by 2.  Comparing the activity to November of 2010 when there were 119 active listings with 32 pending sales and 2 closed sales.   A significantly higher number of sales were completed this year compared to last year even though there were fewer available homes.

With the lower inventory this year, it will be interesting to see what happens as we get into the height of the season in the next few months.

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