Stuart FL 34997 Condo Market Report February 2016
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2016
For February 2016 in the 34997 Zip Code area of Stuart, Florida :
There are currently 78 active condo listings (Down by 1 condos from January).
38 Condo sales are pending and awaiting close or lender approval (Increased by 9 condos from January).
9 Condos Sold in February (Increased by 1 condos from January).
The Stuart FL condo market for zip code 34997 started off 2016 with a slow start. Slightly better numbers for the second month of 2016, but still not nearly as strong as last year. Plenty of room for improvement!
The one month absorption rate jumped to 8.7 months from 3 months for January. Back into a buyers market after last months very 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 February 2014 numbers were: 44 active listings, 250 pending sales and 13 closed sales. Better activity last year even with considerably lower inventory in 2015. One of the few areas of Martin County with significantly more inventory this year when compared to 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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