Stuart FL 34997 Condo Market Report December 2015
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2015
For December 2015 in the 34997 Zip Code area of Stuart, Florida :
There are currently 63 active condo listings (Up by 5 condos from November).
19 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from November).
21 Condos Sold in December (Increased by 12 condos from November).
The Stuart FL condo market for zip code 34997 continues with excellent activity for December. Our inventory rose for the fifth month in a row and we now have surpassed last years active number of condos for sale. Pending sales were off unfortunately, but there was a very strong month of closed sales in December.
The one month absorption rate plunged to 3 months from 6.4 months for November. Back into a strong sellers market after last months balanced 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 December 2014 numbers were: 44 active listings, 15 pending sales and 5 closed sales. Much better closed activity this year as compared to 2014. 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
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