Stuart Florida Market Report ZIP Code 34997 – Residential, January 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for January 2012

There are currently 530 active listings (An increase of 8 homes from December).

205 Residential sales are pending and awaiting close or lender approval (An increase of 29 homes from December).

45 Homes Sold in December (Down 33 homes from December)

Another positive month for the 34997 zip code area of Stuart Florida.  Closed sales were off from a powerful end-of-year result in December, but future sales (pendings) are showing great strength and this market appears to be headed in the right direction.

Compared to January of 2011, when there were 635 active listings, 164 pending sales, and 23 closed sales, the 34997 area code for Stuart, Florida continues to show significant improvement with considerably improved numbers, even with less inventory available.

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