Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code March 2014
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2014
For March 2014 in the 34997 Zip Code area of Stuart, Florida :
There are currently 90 active condo listings (Down by 1 condo from February).
45 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from February).
10 Condos Sold in March (Increased by 1 condo from February).
The one month absorption rate decreased to 9 months from last months 10.1. Better, but still a buyers market for condo sales in the 34997 zip code area of Stuart. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The March 2012 numbers were: 103 active listings, 39 pending sales and 16 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 March 2014
