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

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

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

There are currently 77 active listings (Up 6 from September).

36 Residential sales are pending and awaiting close or lender approval (Unchanged from September).

9 Homes Sold in October (Up 2 from September)

The 34994 ZIP code area of Stuart continues to do well, especially as compared to the surrounding areas.  While inventory was up by seven homes last month, pending sales remain strong and closed sales were up.  Considering that this is typically a slow time for our area, these are strong results.

We’re not expecting any large changes for the holiday season, possibly some easing of the market.  May have a surprisingly strong new year coming up if the economy will let it happen.