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Stuart Florida Market Report ZIP Code 34997 –Residential, December 2011

Jan. 20, 2012
Categorized in: Market Reports

 

Stuart Florida Market Report ZIP Code 34997 –Residential, December 2011

Stuart  Real Estate  for ZIP Code 34997,  Sales for December 2011

 

There are currently 522 active listings (a decrease of 5 homes from November).

1-active December 2011 Stuart Real Estate Residential Market Report - Snapshot2-status December 2011 Stuart Real Estate Residential Market Report - Snapshot

 

176  sales are pending and awaiting close or lender approval (A decrease of 22 homes from November).

3-pending December 2011 Stuart Real Estate Residential Market Report - Snapshot

 

78 Homes Sold in November (Up 36 homes from November)

4-sold December 2011 Stuart Real Estate Residential Market Report - Snapshot5-list-to-sales-chart December 2011 Stuart Real Estate Residential Market Report - Snapshot6-high-low December 2011 Stuart Real Estate Residential Market Report - Snapshot7-list-to-sales-ratio December 2011 Stuart Real Estate Residential Market Report - Snapshot
A very strong month for December in the 34997 zip code area of Stuart .  Sales almost doubled for the end of the year.  Inventory was down and the only negative report shows pending sales were down.
 
Compared to December of 2010, the inventory is down by approximately 50 homes, or 10%.  Less supply should be a catalyst for greater demand.  Lower supply should also help stabilize prices.  There were 155 pending sales in 2010 compared to the 176 this year (Dec 2011) and there were 47 homes sold in Dec 2010 as compared to the 78 last month.  Very strong results that may very likely continue into 2012 as the economic outlook appears to be more positive.  With renewed optimism, I see a strong market in the future for the Stuart 34997 zip code area.

Search here for Stuart Florida Real Estate for Sale

Stuart  Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart   ZIP Code 34997 – , December 2011

Related entries:

  1. Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for December 2010 (39.2)
  2. Stuart Florida Market Report ZIP Code 34997 – Residential, October 2011 (38.3)
  3. Market Report: Stuart, Florida Real Estate Snapshot for Zip Code 34997, Residential Sales for January 2011 (38.2)
  4. Stuart Florida Market Report ZIP Code 34997 – Residential, November 2011 (37.3)
  5. Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34997, Condo Sales for December 2010 (36.1)

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Stuart Florida Real Estate

Blog by Gabe Sanders
Stuart, Florida

News and information about Stuart, FL and Martin County, Florida real estate

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