Stuart FL 34997 Condo Market Report December 2014
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2014
For December 2014 in the 34997 Zip Code area of Stuart, Florida :
There are currently 44 active condo listings (Down by 7 condos from November).
15 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from November).
5 Condos Sold in December (Decreased by 5 condos from November).
The Stuart FL condo market for zip code 34997 slowed considerably for the last month of 2014. Both closed and pending sales were down. The inventory also continues to decline to very low numbers.
The one month absorption rate rose to 8.8 months after last months amazing 5.1. Back into a buyers market after many, many months of being a strong 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 December 2013 numbers were: 88 active listings, 24 pending sales and 13 closed sales. Down to exactly half of last years inventory. We should see an increase in the coming months.
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 December 2014
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