Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2013

 

For December 2013 in the 34997 Zip Code area of Stuart, Florida :

There are currently 88 active condo listings (Down by 3 condos form November).Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

24 Condo sales are pending and awaiting close or lender approval (Up by 12 condo from November).Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

13 Condos Sold in December (Increased by 7 condos from November).Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013

A good rebound for the Stuart FL condo market for zip code 34997 for the month of December.  Closed and pending sales increased from November while the inventory decreased slightly. 

The one month absorption rate dropped to 6.8 months from last months 15.2.  Back into a balanced market.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.   As I mentioned in November, we’re now back into a slower market in this segment after a strong Spring and Summer.

The December 2012 numbers were: 98 active listings, 12 pending sales and 10 closed sales.   A much better close to 2013 than last year.

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code December 2013
 
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2013

 

 

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