Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2013

For December 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 173 active condo listings (Down by 5 condos from last month).

29 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from November).

21 Condos Sold in December (Up by 4 condos from November) 

Like many of the other areas in Martin County, closed sales rose, inventory decreased and pending sales were off, in the real estate market in the Stuart Florida Market Report ZIP Code 34996 for Condos for December 2013. 

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 8.2 months from November’s 10.5.  Still a buyers market for December of 2013, but approaching a balanced one.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2012 were: 216 active listings, 29 pending sales and 14 closed sales.  Considerably improved numbers from year to year.