Stuart FL 34997 Condo Market Report October 2015
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015
For October 2015 in the 34997 Zip Code area of Stuart, Florida :
There are currently 59 active condo listings (Up by 7 condos from September).
21 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from September).
12 Condos Sold in October (Increased by 4 condos from September).
The Stuart FL condo market for zip code 34997 showed positive results for October. Our inventory rose for the third month in a row and we also had some nice gains in both pending and closed sales. Somewhat unusual as we head into the typically slower months for condo activity.
The one month absorption rate decreased to 4.9 months from 6.5 months for September. Back into a 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 October 2014 numbers were: 58 active listings, 20 pending sales and 21 closed sales. A little slower closed activity for this year as 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
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015
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