Palm City Florida Market Report ZIP Code 34990 Residential May 2013

06.18.13 by

Palm City Florida Market Report ZIP Code 34990 Residential May 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for May 2013

 

For May 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 391 active listings (An increase of 9 homes from April)

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167 Residential sales are pending and awaiting close or lender approval. (A decrease of 19 homes from last month)

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77 Homes Sold in May (Increased by 1 home from April)

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For the Palm City, zip code 34990, area of Martin County Florida the residential market activity showed some signs of easing the torrid pace of this spring.  Closed sales increased by 1 home while the number of pending sales were off by 19.  On a positive note, the available inventory rose, making more homes available for those looking to buy.
 
The current absorption rate remains at 5 months.   The Palm City residential real estate market is a sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2012 numbers were:  462 active listings, 203 pending sales and 70 closed sales.  Closed sales remain strong as compared to last year.  Pending sales were weaker, but there is a significantly lower inventory as a cause.

 

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Palm City Florida Market Report ZIP Code 34990 Residential May 2013

Stuart Florida Market Report ZIP Code 34997 Condo May 2013

06.17.13 by

Stuart Florida Market Report ZIP Code 34997 Condo May 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2013

 

For May 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 87 active condo listings (A decrease of 14 condos form April).

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30 Condo sales are pending and awaiting close or lender approval (Up 1 condo from April).

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17 Condos Sold in May (A decrease of 17 condos from April).

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After an exceptionally strong April, the Stuart condo market for the area in ZIP code 34997 eased considerably with only half as many closed sales.  Pending sales remained strong and the inventory took a big drop. 

The one month absorption rate rose to 5.7 months.  This is still a sellers market, but not the strong one of last month.  A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The May 2012 numbers were: 110 active listings, 29 pending sales and 14 closed sales.  These numbers are fairly similar to May of 2012.  I expect a retreat in the coming months as the summer season is typically slow for the condo market.

 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2013

 

 

Stuart Florida Market Report ZIP Code 34997 Residential May 2013

06.16.13 by

Stuart Florida Market Report ZIP Code 34997 Residential May 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2013

 

There are currently 298 active listings (A decrease of 27 homes from April).

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190 Residential sales are pending and awaiting close or lender approval (An decrease of 29 home from April).

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84 Homes Sold in May (Increased by 2 homes from April)

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For May 2013, the Stuart Florida Market Report ZIP Code 34997 the number of closed sales remained high as well as strong pending activity for future months closed activity though it was off from the high in April.  For May, there was a significant decrease in inventory after a small decrease last month.  The 34997 zip code area of Martin County market activity remains one of the most active areas in the county.
 
The current one month absorption rate dropped to 3.5 months which indicates a strong sellers market for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  If inventory levels don’t rise, future market activity will suffer as there just aren’t enough homes at the current demand.  Prices have started to rise in this zip code area of Martin County.
 
The 2012 numbers were: 389 active listings, 222 pending listings and 92 closed sales.  When considering the greatly reduced inventory, the market activity in the 34997 zip code of Martin County remains robust year to year.
 
 

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Stuart Florida Market Report ZIP Code 34997 Residential May 2013

Stuart Florida Market Report ZIP Code 34996 Condo May 2013

06.15.13 by

Stuart Florida Market Report ZIP Code 34996 Condo May 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2013

For May 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 195 active condo listings (Up 4 from last month).

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33 Condo sales are pending and awaiting close or lender approval (A decrease of 11 condos from April).

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25 Condos Sold in May (Down by 7 from April)

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After an exceptional March the Stuart Florida Market Report ZIP Code 34996 for Condos eased again in May after a little disappointment in April as well.   Both pending and closed sales were off.  Also, bucking the trend from most of our other areas, inventory rose modestly.  After a very strong early spring it appears that this section of the Martin County condo market has eased a bit.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose to 7.8 months.  This segment of the market has shifted back to a buyers market for May of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for May 2012 were: 188 active listings, 31 pending sales and 26 closed sales.  Very similar numbers to last year.

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Stuart Florida Market Report ZIP Code 34996 Condo May 2013

Stuart Florida Market Report ZIP Code 34996 Residential May 2013

06.14.13 by

Stuart Florida Market Report ZIP Code 34996 Residential May 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2013

 

For May, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 161 active listings (Decreased by 11 home from April).

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55 Residential sales are pending and awaiting close or lender approval (Decreased by 2 from April).

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19 Homes Sold in May (Increased by 1 homes from April).

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In the 34996 zip code area of Stuart Florida real estate market activity for May 2013 closed sales increased by 1 home while pending sales were off by 2.  Sales activity remains strong and we are seeing multiple offers on some well priced desirable properties.  The inventory dropped to only 161 homes available for sale.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May dipped to 8.5 months, which is still a buyer’s market, though only slightly.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for May of 2012 were: 173 active listings, 33 pending sales and 34 closed sales.  Unlike other segments of the Martin County real estate market, the 34996 zip code is showing a decreased sales volume from last year, though this year’s pending sales are higher.

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Stuart Florida Market Report ZIP Code 34996 Residential May 2013

June 2013 Market Update for the Archipelago of Sewalls Point

06.13.13 by

June 2013 Market Update for the Archipelago of Sewalls Point

For June of 2013  there are two active listings on the market in the Archipelago of Sewalls Point.  Listing prices are $1,825,000 and $2,495,000 for an average list price of $661 per sq. ft.

There are no homes are currently under contract.

In the past 12 months, 2 home sold for $$950,000 and $1,800,000 for an average sale price of $278. per sq. ft. of living area.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point
 

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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Stuart Florida Market Report ZIP Code 34994 Condo, May 2013

06.12.13 by

Stuart Florida Market Report ZIP Code 34994 Condo, May 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for May 2013

For May, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 113 active condo listings (Decreased by 5 condos from April).

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42 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from last month)

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30 Condos Sold in May (Increased by 2 condos from April).

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Good activity for the Stuart Condo market for zip code 34994.   Pending sales increased by 1 condo in May while closed sales also increased.   The inventory continues its decline.  This low inventory will be responsible for a decreasing market numbers in the coming months.

The one month absorption rate dropped to 3.8 months, which is a significant seller’s market.  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 May the numbers were 150 active listings, 37 pending sales, and 23 closed sales.  Much better sales activity this year especially when the number of condos available for sale this year are so much less.

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Stuart Florida Market Report ZIP Code 34994 – Condo, May 2013

Stuart Florida Market Report ZIP Code 34994 Residential May 2013

06.11.13 by

Stuart Florida Market Report ZIP Code 34994 Residential May 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for May 2013

For May, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 56 active listings (Down 9 from April).

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42 Residential sales are pending and awaiting close or lender approval (Up 8 homes from April).

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9 Homes Sold in April (Unchanged from April)

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The 34994 ZIP code area of the Stuart, Florida real estate market continued with 9 closed sales, the same as April.  At the same time, pending activity increased significantly to 42 homes while inventory decreased again, now down to only 56 homes.  We should continue to have strong closed sales in the coming months, but if inventory doesn’t increase, we will be looking at a challenging market as there just aren’t enough homes available for sale.

The one month absorption rate for the 34994 zip code for May dropped to 6.2 months. which signifies a balanced market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2012 numbers were 74 Active Listings, 42 pending sales and 6 closed sales.  Considering the lower inventory this year as compared to last, market activity is quite strong for the 34994 zip code area of Stuart for residential home market.

 

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Stuart Florida Market Report ZIP Code 34994 Residential May 2013

Sewalls Point Residential Market Report May 2013

06.10.13 by

Sewalls Point Residential Market Report May 2013

Sewalls Point Real Estate Snapshot, Residential Sales for May 2013

 

There are currently 58 active listings (a decrease of 3 homes for sale from April)

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17 Residential sales are pending and awaiting close or lender approval (No change from April)

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7 Homes sold in April (An increase of 3 homes from April)

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 For May, in the Sewalls Point residential real estate market picked up steam from the previous month, with an additional 3 sales, for a total of 7.  Pending sales were unchanged while the inventory of available homes decreased to 58.

The absorption rate dropped to 8.3 months.  Still a buyers market in Sewalls Point, but only slightly.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to May of 2012, the inventory was 66 homes homes on the market, 18 pending sales and there were 6 closed sales.  Similar numbers to last year, but when the lower inventory is factored in, the market is much stronger this year.

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Sewalls Point Market Report – Residential, May 2013

Courtyard Villa in the Yacht and Country Club of Stuart Coming Soon

06.08.13 by

Courtyard Villa in the Yacht and Country Club of Stuart Coming Soon

This Courtyard Villa in the Yacht and Country Club of Stuart Coming Soon and is available to be seen this in a preview stage by appointment.  Realtors are welcome and commissions will be honored.  Will be available in the public MLS after Father’s Day weekend.

Front of Yacht and Country Club Courtyard Villa

Dining area of Yacht and Country Club Courtyard Villa

Have a never ending vacation of a lifetime in this sunny bright courtyard villa.  Lying adjacent to a full 1 acre of vacant (currently un-buildable) land, this 3 BR, 2 BA, 2 Car Garage home is like having a private oasis. This home is offered fully furnished, just bring your toothbrush. As a bonus, your own private golf cart is included. Well maintained with an updated kitchen and ample storage. Located in a guard gated golf course community (with golf membership not mandatory) and conveniently located close to marinas, beaches, shopping and the other amenities that Stuart, Florida has to offer. Community pool, tennis courts and fitness center are also available. Great opportunity for a full time home or the perfect winter getaway at an affordable price.

Living room of Yacht and Country Club Courtyard Villa

Kitchen of Yacht and Country Club Courtyard Villa

 

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013

05.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2013

 

For April 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 21 active condo listings. (Down 1 condo from March)

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7 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from March)

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5 Condos sold in April (Up 3 condos from March)

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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales were up to 5 units for April (over double from March) and pending sales were off slightly.  Meaningful interpretation of this market is fairly meaningless with the low number of available condos for sale.

The one month absorption rate jumped to 4.2 months, signifying a return to a seller’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The April 2012 numbers were:  35 active listings, 6 pending sales and 5 closed sales.   Still doing better this year when considering the tiny inventory of condos available for sale in Hobe Sound.


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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

05.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2013

 For April 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 227 active listings. ( A decrease of 22 homes from March)

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106 Residential sales are pending and awaiting close  (An increase of 6 homes from March)

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51 Homes Sold in April (Up 6 homes from last month)

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Strong sales activity for a second month for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Inventory levels dropped significantly for the month after a slight rise last month.  Pending sales were up.  With such low numbers of available homes on the market, activity might slow in the coming summer months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.5 months.  Continuing from last month into a now stronger seller’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2012 were:  315 active listings, 96 pending sales and 45 closed sales.   Considering the reduced inventory as compared to 2012, the market activity continues to grown and improve for the Hobe Sound residential real estate market.

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, April 2013

05.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, April 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2013

 

For April 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 51 active listings. ( A decrease of 3 condos from March)

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26 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from March)

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15 Condos Sold (Increased by 2 condos from March)

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The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an almost all time low.   Closed sales were up slightly for April, while pending sales were off slightly.

The one month absorption rate for the April 2013, Jensen Beach Florida Market Report ZIP Code 34957 is now down to 3.4 months.   This signifies a strong seller’s market in Jensen Beach for condos.  Typically, a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The April 2012 numbers were: 53 active listings, 28 pending sales and 8 condos closed.   Much better closed activity for this year.


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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, April 2013

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, April 2013

05.23.13 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, April 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2013

 For April 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 116 active listings. (A decrease of 3 homes from last month)

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84 Residential sales are pending and awaiting close or lender approval. (Down 2 homes from March)

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32 Homes Sold (Up by 7 homes from March)

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The Jensen Beach residential real estate market, zip code 34957 for April had another strong month for closed sales.   Pending sales took a slight drop and the inventory also declined by only 3 homes.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.6 months, now a strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The April 2012 numbers were: 135 active listings, 78 pending sales and 33 home sales closed.  With inventory levels almost 50% lower, the Jensen beach market activity as a percentage of available properties is much higher, while absolute numbers are similar.

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, April 2013

Palm City Florida Market Report ZIP Code 34990 – Condo, April 2013

05.22.13 by

Palm City Florida Market Report ZIP Code 34990 – Condo, April 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for April 2013

 

For April 2013 in the 34990 Zip Code area of Palm City, Florida :



There are currently 58 active condo listings. (Down 5 condos from March)

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14 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condos from last month)

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7 Condos Sold in April. (Up 2 condos from March)

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The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.   Considering that we are now down to only 58 active cndo listings, activity has been excellent for this market.  Both closed and pending sales were up for April.
 
The current absorption rate for condos in the 34990 zip code area is 8.2 months.  Now down to a slight buyers’ market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The April 2012 numbers were: 66 active listings, 3 pending sales and 1 closed sales.   Considerably better activity for 2013 than last year.

 

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Palm City Florida Market Report ZIP Code 34990 – Condo, April 2013

Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013

05.21.13 by

Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2013

 

For April 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 382 active listings (A decrease of 16 homes from March)

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186 Residential sales are pending and awaiting close or lender approval. (An increase of 6 homes from last month)

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76 Homes Sold in April (Increased by 8 homes from March)

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For the Palm City, zip code 34990, area of Martin County Florida the residential market activity showed strong results for April.  Closed sales increased again and remained quite strong.  Pending sales also increased and show good potential for future closed sales.  The inventory continues to decline and this may be a troubling statistic in the future as fewer homes are available for sale.
 

The current absorption rate stands at 5 months.   The Palm City residential real estate market has slipped into a sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2012 numbers were:  462 active listings, 228 pending sales and 49 closed sales.  Our closed sales for this year remain considerably better than last year.  This is especially noteworthy with the reduced amount of available homes for sale.  Pending sales are lower this year and the inventory may very well be one of the factors for this lower number.

 

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Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013

Stuart Florida Market Report ZIP Code 34997 – Condo, April 2013

05.20.13 by

Stuart Florida Market Report ZIP Code 34997 – Condo, April 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2013

 

For April 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 101 active condo listings (A decrease of 2 condos form March).

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29 Condo sales are pending and awaiting close or lender approval (Down 10 condos from March).

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34 Condos Sold in April (An increase of 18 condos from March).

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The Stuart condo market for the area in ZIP code 34997 showed very strong closed numbers for April .  Sales more than doubled from March (which were also double from February).  Pending sales however took a significant drop.  While the inventory decreased by a small number (2).  One of the strongest months for condo activity in some years.
 

The one month absorption rate decreased to 3 months.  For April, this represents a major shift into a strong seller’s market.  A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The April 2012 numbers were: 115 active listings, 34 pending sales and 18 closed sales.  Other than the big increase in closed sales for this year, numbers are fairly similar to April of 2012.  I expect a return to a more balanced market in the coming months with the lower pending activity.

 

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2013

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, April 2013

05.19.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, April 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2013

 

There are currently 325 active listings (A decrease of 19 homes from March).

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219 Residential sales are pending and awaiting close or lender approval (An decrease of 1 home from March).

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82 Homes Sold in April (Unchanged from March)

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For April 2013, the Stuart Florida Market Report ZIP Code 34997 the number of closed sales remained high as well as strong pending activity for future months closed activity.  For April, there was a slight decrease in inventory after a small increase last month.  The 34997 zip code area of Martin County market activity remains as one of the most active areas in the county.
 
The current one month absorption rate dropped to 4.0 months which indicates a sellers market for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2012 numbers were: 407 active listings, 245 pending listings and 67 closed sales.  With a greatly reduced inventory, our pending sales are off slightly, yet closed sales are still greater than last year.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, April 2013

Stuart Florida Market Report ZIP Code 34996 – Condo, April 2013

05.18.13 by

Stuart Florida Market Report ZIP Code 34996 – Condo, April 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2013

For April 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 191 active condo listings (Up 7 from last month).

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44 Condo sales are pending and awaiting close or lender approval (A decrease of 15 condos from March).

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32 Condos Sold in April (Down by 10 from March)

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After an exceptional March the Stuart Florida Market Report ZIP Code 34996 for Condos eased a bit for April.   Both pending and closed sales were off.  Also, bucking the trend from most of our other areas, inventory rose modestly.  After a very strong early spring it appears that this section of the Martin County condo market has eased a bit.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose to 6 months.  This market has now shifted back to a balanced market for April of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for April 2012 were: 191 active listings, 52 pending sales and 26 closed sales.  Even though we eased a bit from last month, market activity is still stronger than last year.

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Stuart Florida Market Report ZIP Code 34996 – Condo, April 2013

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2013

05.17.13 by

Stuart Florida Market Report ZIP Code 34996 – Residential, April 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2013

 

For April, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 172 active listings (Decreased by 3 home from March).

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57 Residential sales are pending and awaiting close or lender approval (Increased by 2 from March).

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18 Homes Sold in April (Increased by 4 homes from March).

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In the 34996 zip code area of Stuart Florida real estate market activity for April 2013 both pending sales and closed sales rose while the inventory decreased again.  Sales activity remains strong and we are seeing multiple offers on some well priced desirable properties.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April dipped to 9.6 months, which is still a buyer’s market.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for April of 2012 were: 165 active listings, 47 pending sales and 8 closed sales.  The 34996 zip code area of Stuart is bucking the trend for most of the other areas of Martin County as it has a higher inventory this year as compared to last year.  The market activity is stronger this year with closed and pending sales.

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Stuart Florida Market Report ZIP Code 34996 – Residential, April 2013