Stuart Florida Market Report ZIP Code 34997 Condo September 2013
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2013
For September 2013 in the 34997 Zip Code area of Stuart, Florida :
There are currently 76 active condo listings (A decrease of 5 condos form August).
28 Condo sales are pending and awaiting close or lender approval (Up by 6 condos from August).
7 Condos Sold in September (A decrease of 4 condos from August).
The one month absorption rate rose to 10.9 months. Back into a strong buyers market. A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The September 2012 numbers were: 101 active listings, 19 pending sales and 9 closed sales. When considering over a 25% decrease in active listings, our numbers are better for this year than last.
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2013
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