Stuart Florida Market Report ZIP Code 34997 – Condo, September 2012
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2012
For September 2012 in the 34997 Zip Code area of Stuart, Florida :
There are currently 101 active condo listings (An increase of 3 condos form August).
19 Condo sales are pending and awaiting close or lender approval (Down 5 condos from August).
9 Condos Sold in September (A decrease of 6 condos from August).
Reflecting the off season for condos, the Stuart condo market for the area in ZIP code 34997 had a pretty lackluster month for September. A small increase in inventory and decreases in both pending and closed sales.
The one month absorption rate is at 11.2 months, slipping back into a buyers market.
The September 2011 numbers were: 112 active listings, 16 pending sales and 4 closed sales. While it was a slow month, still better numbers than from September of 2011.
Stuart Florida Real Estate presented by:
Gabe Sanders
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