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 34994, Residential Sales for May 2011

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

There are currently 89 active listings (Up 1 from April).

31 Residential sales are pending and awaiting close or lender approval (up 3 from last month).

9 Homes Sold in May (up 1 from April)

Inventory rose by only 1 unit in Stuart’s 34994 zip code area for May.  Pending sales remained strong (up by 3) and a small increase in closed sales for May were mostly positive signs for continued growth in this segment of Martin County’s real estate market.

Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34996, Residential Sales for May 2011

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

There are currently 183 active listings (down 6 from last month).

31 Residential sales are pending and awaiting close or lender approval (up 4 from April).

8 Homes Sold in April (down 3 from April).

Sales were off slightly for the residential Stuart Florida real estate market activity for zip code 34996. The good news is that the inventory continues to decline and the pending sales also remained strong.

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 34996, Residential Sales for April 2011

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

There are currently 189 active listings (down 12 from last month).

27 Residential sales are pending and awaiting close or lender approval (down 4 from March).

11 Homes Sold in March (up 3 from March).

Continued improvement for the residential Stuart Florida real estate market activity for zip code 34996.  Inventory continues to decline, closed sales were up and only a small decline in pending activity.

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

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

There are currently 88 active listings (down 11 from March).

28 Residential sales are pending and awaiting close or lender approval (down 1 from last month).

8 Homes Sold in April (up 2 from March)

Inventory is significantly reduced in Stuart’s 34994 zip code area for April.  Strong pending sales and an increase in closed sales for April were all positive signs for this segment of Martin County’s real estate market.