Stuart Florida 34994 Residential Market Report May 2019

Stuart Florida 34994 Residential Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2019

For April 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 77 active listings (Down by 14 home from April)

Stuart Florida 34994 Residential Market Report May 2019

46 Residential sales are pending and awaiting close or lender approval (Increased by 11 homes from last month).

Stuart Florida 34994 Residential Market Report May 2019

20 Homes Sold in May (Increased by 3 homes from April)

Stuart Florida 34994 Residential Market Report May 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed exceptionally strong activity for May and this area of Stuart could benefit from an increased number of homes available for sale.

The one-month absorption rate for the 34994 zip code for April plunged to 3.9 months from 5.4 months for April.  Dropping down into a pretty extreme seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2018 numbers were 67 Active Listings, 35 pending sales, and 23 closed sales.  Slightly lower closed sales volume this year but a much greater number of pending sales (on higher inventory).  This is a good sign for the near future.

Stuart Florida 34994 Residential Market Report May 2019

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Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34994 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report May 2019

Stuart FL 34994 Condo Market Report April 2019

Stuart FL 34994 Condo Market Report April 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2019

For April 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 115 active condo listings (Up by 10 condos from March).

Stuart FL 34994 Condo Market Report April 2019 

34 Condo sales are pending and awaiting close or lender approval. (Down by 13 condos from last month) 

Stuart FL 34994 Condo Market Report April 2019 

25 Condos Sold in March (Down by 1 condo from March).

Stuart FL 34994 Condo Market Report April 2019 

The Stuart FL 34994 Condo market continues to show very strong activity for the early Spring market.  There are no signs of a slowdown for this segment.

The absorption rate for April rose to 4.6 months compared to last month’s 4.0 months.  Still a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 97 active listings, 75 pending sales, and 28 closed sales.  Considerably better activity last year when there was also fewer available Stuart condos for sale (inventory).

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Search here for Stuart Florida Real Estate for Sale

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report April 2019 

 

Stuart Florida 34994 Residential Market Report April 2019

Stuart Florida 34994 Residential Market Report April 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2019

For March 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 91 active listings (Up by 1 home from March)

Stuart Florida 34994 Residential Market Report April 2019

35 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).

Stuart Florida 34994 Residential Market Report April 2019

17 Homes Sold in May (Decreased by 2 homes from March)

Stuart Florida 34994 Residential Market Report April 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed slightly weaker activity than last month but remains quite active..

The one-month absorption rate for the 34994 zip code for March rose to 5.4 months from 4.7 months for March.  Remaining in a seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2018 numbers were 74 Active Listings, 35 pending sales, and 13 closed sales.  Better sales activity this year.  Pending sales are the same as last year.  All with a higher inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report April 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report April 2019

Stuart FL 34994 Condo Market Report March 2019

Stuart FL 34994 Condo Market Report March 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for March 2019

For March 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 105 active condo listings (Down by 8 condo from February).

Stuart FL 34994 Condo Market Report March 2019 

47 Condo sales are pending and awaiting close or lender approval. (Down by 3 condos from last month) 

Stuart FL 34994 Condo Market Report March 2019

26 Condos Sold in February (Up by 6 condos from February).

Stuart FL 34994 Condo Market Report March 2019

The Stuart FL 34994 Condo market continues to show very strong activity for the early Spring market.  There are no signs of a slowdown for this segment.

The absorption rate for March dropped to 4.0 months compared to last month’s 5.7 months.  Now a more extreme seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last March the numbers were 127 active listings, 67 pending sales, and 26 closed sales.  Sales volume is the same as last year with reduced inventory.  There was better-pending activity last year.

Stuart FL 34994 Condo Market Report March 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

Stuart FL 34994 Condo Market Report March 2019 

 

Stuart Florida 34994 Residential Market Report March 2019

Stuart Florida 34994 Residential Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2019

For February 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 90 active listings (Down by 3 homes from February)

Stuart Florida 34994 Residential Market Report March 2019

38 Residential sales are pending and awaiting close or lender approval (Increased by 3 homes from last month).

Stuart Florida 34994 Residential Market Report March 2019

19 Homes Sold in May (Increased by 5 homes from February)

Stuart Florida 34994 Residential Market Report March 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed stronger activity when compared to last month along with a small drop in inventory.

The one-month absorption rate for the 34994 zip code for February dropped to 4.7 months from 6.6 months for February.  Transitioning back into a seller’s market t for the 34994 zip code area of Stuart, FL after one month as a balanced market and another in a buyer’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2018 numbers were 75 Active Listings, 34 pending sales, and 27 closed sales.  Stronger sales activity last year on less inventory.

Stuart Florida 34994 Residential Market Report March 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida 34994 Residential Real Estate Market Report March 2019