Stuart FL 34997 Condo Market Report November 2015
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015
For November 2015 in the 34997 Zip Code area of Stuart, Florida :
There are currently 58 active condo listings (Down by 1 condos from October).
29 Condo sales are pending and awaiting close or lender approval (Increased by 8 condos from October).
9 Condos Sold in November (Decreased by 3 condos from October).
The Stuart FL condo market for zip code 34997 showed positive results for November. Our inventory rose for the fourth month in a row and we now have surpassed last years figures. Pending sales rose by a good margin while closed sales were off. Indications look very positive for the height of the season for condos coming in the next few months.
The one month absorption rate increased to 6.4 months from 4.9 months for October. Back into a balanced market after last months sellers market. Continuing a trend prevalent for most of the past year. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The November 2014 numbers were: 51 active listings, 25 pending sales and 10 closed sales. Very similar volume of sales and pending sales to last year. Encouragingly, the inventory of condos in the 34997 zip code is up from last year.
Search for Stuart Condos for Sale by Price:
- Condominium Properties for Sale in Stuart, Florida Between $0 – $100,000
- Condominium Properties for Sale in Stuart, Florida Between $100,000 – $200,000
- Condominium Properties for Sale in Stuart, Florida Between $200,000 – $300,000
- Condominium Properties for Sale in Stuart, Florida Between $300,000 – $400,000
- Condominium Properties for Sale in Stuart, Florida Between $400,000 – $500,000
- Condominium Properties for Sale in Stuart, Florida Between $600,000 – $700,000
- Condominium Properties for Sale in Stuart, Florida Between $800,000 – $900,000
- Condominium Properties for Sale in Stuart, Florida Between $900,000 – $1,000,000
- Condominium Properties for Sale in Stuart, Florida Between $1,200,000 – $1,300,000
- Condominium Properties for Sale in Stuart, Florida Between $2,400,000 – $2,500,000
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2015
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