Stuart Florida Market Report ZIP Code 34997 – Condo, December 2012
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2012
For December 2012 in the 34997 Zip Code area of Stuart, Florida :
There are currently 98 active condo listings (Increase of 1 condo form November).
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12 Condo sales are pending and awaiting close or lender approval (Down 9 from November).
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10 Condos Sold in December (An increase of 3 condos from November).
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The one month absorption rate is at 9.8 months. This is still a buyers market for the Stuart Florida Market Report ZIP Code 34997. Typically, a 6 month absorption rate signifies a balanced market that favors neither the buyer nor the seller.
The December 2011 numbers were: 106 active listings, 21 pending sales and 15 closed sales. Compared to December of 2011, this year’s market activity was a bit softer.
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2012
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