Stuart Florida Market Report ZIP Code 34994 Residential October 2013

Stuart Florida Market Report ZIP Code 34994 Residential October 2013

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

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

 

There are currently 62 active listings (Down 12 from September)

Stuart Florida Market Report ZIP Code 34994 Residential October 2013

 

48 Residential sales are pending and awaiting close or lender approval (Up 12 homes from September).

Stuart Florida Market Report ZIP Code 34994 Residential October 2013
 

8 Homes Sold in September (Decreased by 1 home from September)

Stuart Florida Market Report ZIP Code 34994 Residential October 2013

The 34994 ZIP code area of the Stuart, Florida had mixed activity for October.  The inventory of available homes is now only 50 homes, which is very low.  Pending sales had a nice jump and closed sales were off by 1 home.

The one month absorption rate for the 34994 zip code for October decreased to 6.3 months from last months 6.9 months.  Basically a balanced market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The October 2012 numbers were 67 Active Listings, 33 pending sales and 9 closed sales.   With a considerably lower inventory, the 34994 section of Stuart is doing better as compared to last year, significantly in the pending sales numbers.

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

Stuart Florida Market Report ZIP Code 34994 Residential October 2013

 

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Stuart Florida Market Report ZIP Code 34994 Residential October 2013

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