Stuart FL 34997 Condo Market Report November 2014
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2014
For November 2014 in the 34997 Zip Code area of Stuart, Florida :
There are currently 51 active condo listings (Down by 7 condos from October).
25 Condo sales are pending and awaiting close or lender approval (Increased by 5 condos from October).
10 Condos Sold in November (Decreased by 11 condos from October).
The Stuart FL condo market for zip code 34997 showed some mixed signals for November of 2014. Closed sales plunged after a very good month in October, while there was a nice increase in pending sales.The inventory continued to decline.
The one month absorption rate rose to 5.1 months after last months amazing 2.8. Still a 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 November 2013 numbers were: 91 active listings, 12 pending sales and 6 closed sales. With almost 50% lower inventory, this market continues to outperform that of 2013.
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 November 2014
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