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 34996, Residential Sales for February 2011

For February 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 206 active listings (an increase of only 1 from last month).

30 Residential sales are pending and awaiting close or lender approval (down 1).

7 Homes Sold in January (down 2 from January).

A very slight decrease in sales ( 2 homes) with the other categories basically unchanged for February from the previous month for the Stuart Florida market activity for zip code 34996.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34994, Residential Sales for January 2011

For January 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 111 active listings (down 3 from December).

42 Residential sales are pending and awaiting close or lender approval (up 5 from last month).

6 Homes Sold in January (down from 14 for December)

Inventory is down a little in zip code 34994 and pending sales are up slightly.  Unfortunately closed sales were off by over 50% in this area of Stuart, FL.

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 34996, Residential Sales for January 2011

For January 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 205 active listings (an increase on 13 from last month).

31 Residential sales are pending and awaiting close or lender approval (down 1).

9 Homes Sold in January (up from 4 in December).

An increase in sales in January and a continuing fairly strong market as compared to past winter seasons.  Because of this fairly positive news, more inventory is coming on the market, which will create increasing price pressure.