Stuart Florida Market Report ZIP Code 34997 – Condo, December 2011
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2011
For December 2011 in the 34997 Zip Code area of Stuart, Florida :
There are currently 106 active condo listings (A decrease of 13 condos form November).
21 Condo sales are pending and awaiting close or lender approval (Down 3 condos from November).
15 Condos Sold in June (An increase of 10 condos from November).
A strong end of the year for the Stuart condo market for the area in ZIP code 34997. Inventory decreased and sales tripled from the month before. Pending sales were off slightly.
Compared to last year’s numbers when there were 177 active listings, 46 pending sales and 6 closed sales, we can see the inventory is considerably less, with fewer pending sales but increased closed sales. With condo prices being low as well as interest rates at historically low levels, it’s definitely a good time to buy and it looks like for this segment of the Stuart Florida condo market, people have been doing just that in December of 2011.
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