Stuart Florida Market Report ZIP Code 34994 Residential March 2017
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2017
For March, 2017 in the 34994 Zip Code area of Stuart, Florida :
There are currently 69 active listings (Decreased by 5 homes from February)
34 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).
15 Homes Sold in February (Up by 5 homes from February)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continued to improve with both pending sales and closed sales increasing for the month of March.
The one month absorption rate for the 34994 zip code for March dropped to 4.6 months from 6.8 months for February. Transitioning into a strong sellers market 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 March 2016 numbers were 62 Active Listings, 33 pending sales and 15 closed sales. Very similar activity to last year.
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- Land Properties for Sale in Stuart, Florida Between $0 – $500,000
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Stuart Florida Market Report ZIP Code 34994 Residential March 2017
