Stuart Florida Market Report ZIP Code 34996 – Residential, November 2012
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2012
For November, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 157 active listings (Unchanged from October).
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23 Residential sales are pending and awaiting close or lender approval (Down 10 from October).
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11 Homes Sold in November (Down 1 from October).
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The 34996 zip code area of Stuart Florida showed a small decrease in sales for November. Pending sales were also down by 10 homes from last month while the inventory remained unchanged. Not quite as good results as we’ve had through the rest of the year in the Stuart 34996 zip code area. The one month absorption rate for the 34996 zip code area of Stuart Florida for November is 14.3 months, which still has plenty of room for improvement. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.
The numbers for November of 2011 were: 173 active listings, 28 pending sales and 14 closed sales.
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
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