Stuart Florida Market Report ZIP Code 34997 – Condo, February 2013
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2013
For February 2013 in the 34997 Zip Code area of Stuart, Florida :
There are currently 102 active condo listings (A decrease of 4 condos form January).
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36 Condo sales are pending and awaiting close or lender approval (Up 14 from January).
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8 Condos Sold in February (An increase of 5 condos from January).
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The one month absorption rate decreased to 12.8 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 February 2012 numbers were: 112 active listings, 34 pending sales and 8 closed sales. Very similar results year to year for February.
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2013
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