Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2014
For April 2014 in the 34997 Zip Code area of Stuart, Florida :
There are currently 83 active condo listings (Down by 7 condos from March).
39 Condo sales are pending and awaiting close or lender approval (Down by 6 condos from March).
25 Condos Sold in April (Increased by 10 condos from March).
The one month absorption rate plunged to 3.3 months from last months 9. A very dramatic sellers market. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The April 2012 numbers were: 101 active listings, 29 pending sales and 34 closed sales. Closed sales were considerably better last year, but the greater number of pending sales might indicate better closed activity coming in the near future.
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2014
Leave a Reply