Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code January 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code January 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2014

 

For January 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 104 active condo listings (Up by 16 condos form December).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code January 2014

27 Condo sales are pending and awaiting close or lender approval (Up by 3 condos from December).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code January 2014

11 Condos Sold in January (Decreased by 2 condos from December).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code January 2014

A small drop in closed sales for the Stuart FL condo market for zip code 34997 for the month of January.  A small increase in pending sales and a fairly significant jump in inventory,

The one month absorption rate increased to 9.5 months from last months 6.8.  Back into a buyers market again.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.  

The January 2012 numbers were: 106 active listings, 22 pending sales and 3 closed sales.   Very similar numbers to the beginning of 2013, just slightly off in pending sales while better closed sales numbers.

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code January 2014
 
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for January 2014

 

 

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