Stuart Florida Market Report ZIP Code 34996 – Residential, December 2012
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2012
For December, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 151 active listings (Down 6 homes from November).
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23 Residential sales are pending and awaiting close or lender approval (No change from November).
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11 Homes Sold in December (Same as November).
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Other than a small decrease in inventory, there was no change in he 34996 zip code area of Stuart Florida real estate market activity for December 2012. Pending and Sold activity was unchanged.
The one month absorption rate for the 34996 zip code area of Stuart Florida for December is 13.7 months, which represents a buyer’s market. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.
The numbers for December of 2011 were: 179 active listings, 24 pending sales and 10 closed sales. Other than the inventory, very similar activity this year when compared to last year.
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
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