Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code February 2014
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2014
For February 2014 in the 34997 Zip Code area of Stuart, Florida :
There are currently 91 active condo listings (Down by 13 condos from January). 
37 Condo sales are pending and awaiting close or lender approval (Up by 10 condos from January).
9 Condos Sold in February (Decreased by 2 condos from January).
A second month in a row with a small drop in closed sales for the Stuart FL condo market for zip code 34997. Inventory retreated from last months gain and a sizable increase in pending sales, which will hopefully show stronger closed sales in the coming months.
The one month absorption rate increased to 10.1 months from last months 9.5. Remaining in a buyers market. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The February 2012 numbers were: 102 active listings, 36 pending sales and 8 closed sales. Very similar numbers to the February 2013 market activity.
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2014
