Stuart Florida Market Report ZIP Code 34997 – Condo, June 2012
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2012
For June 2012 in the 34997 Zip Code area of Stuart, Florida :
There are currently 109 active condo listings (A decrease of 1 condo form May).
26 Condo sales are pending and awaiting close or lender approval (Down 3 condos from May).
10 Condos Sold in June (A decrease of 4 condos from May).
A slowdown of market activity from last month in the Stuart condo market for the area in ZIP code 34997. All measured activity was slightly lower from May. The 34997 zip code area of Stuart still has a troubling number of short sales and foreclosures coming on the market at a slower but steady rate. This is keeping prices from rising.
Last years numbers were 103 active listings, 27 pending sales and 8 closed sales. Very little change from last year. The 34997 area of Stuart condo market seems to be treading water with a roughly 10 month absorption rate for June of 2012.
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2012
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