Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for May 2011

For May 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 548 active listings (down 12 from April).

173 Residential sales are pending and awaiting close or lender approval (down 22 from last month).

53 Homes Sold in April (down 2 from April)

For zip code 34997 in Stuart Florida, May sales decreased slightly, also pending sales were off.  The inventory continues to decline.  We’re seeing some very mixed signals this month from the housing market.  It appears that most are very concerned about the economy and employment figures.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for April 2011

For April 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 560 active listings (down 46 from March).

195 Residential sales are pending and awaiting close or lender approval (down 2 from last month).

55 Homes Sold in March (down 22 from March)

For zip code 34997 in Stuart Florida, April sales were off by 22 units but still remained strong.  Pending sales were basically unchanged from a month ago.  Of particular note, the inventory has shrunk by almost 100 homes in the past two months.  Lower inventory will lead to stronger demand.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for March 2011

For March 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 606 active listings (down 35 from February).

197 Residential sales are pending and awaiting close or lender approval (down 20 from last month).

77 Homes Sold in February (up 41 from February)

For zip code 34997 in Stuart Florida, March showed strong sales results with significant increases in sales and a corresponding decrease in inventory, unfortunately, the pending sales numbers were off significantly also. This was a strong month.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for February 2011

For February 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 641 active listings (up 6 from January).

207 Residential sales are pending and awaiting close or lender approval (up 43 from last month).

36 Homes Sold in January (up 13 from January)

For zip code 34997 in Stuart Florida, February showed strong sales results with significant increases in both sales and pending sales, unfortunately, inventory also rose, although by a relatively small percentage.  This was a strong month.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for January 2011

For January 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 635 active listings (up 10% from December).

164 Residential sales are pending and awaiting close or lender approval (up 9 from last month).

23 Homes Sold in January (down 50% from December)

It’s been a reasonably active winter season in Martin County compared to the past few winters.  We’re not sure why sales were down in this market segment for January as most of the county has shown improving numbers.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for December 2010