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Stuart Florida Market Report ZIP Code 34997 – Condo, December 2012

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Stuart Florida Market Report ZIP Code 34997 – Condo, December 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2012

 

For December 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 98 active condo listings (Increase of 1 condo form November).

December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997

 

12 Condo sales are pending and awaiting close or lender approval (Down 9 from November).

December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997

 

10 Condos Sold in December (An increase of 3 condos from November).

December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997 December 2012 Stuart Real Estate Condo Market Report - Snapshot for ZIP Code 34997

 

The Stuart condo market for the area in ZIP code 34997 had a fairly slow December to end 2012.  The largest change from November was a sizable drop in pending sales.  This is typical for a December as the real estate traffic is typically slow during the Christmas season.  I am a little surprised that the closed sales numbers weren’t better at years end.

The one month absorption rate is at  9.8 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 December 2011 numbers were: 106 active listings, 21 pending sales and 15 closed sales.  Compared to December of 2011, this year’s market activity was a bit softer. 

 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2012

 

 

 
 

Comments (16)

Bob Miller
Keller Williams Cornerstone Realty - Ocala, FL
The Ocala Dream Team

hi Gabe, nice report, we like the graphs.  Looks like Stuart is turning around.

Jan 16, 2013 07:10 PM
Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Gabe

Thanks for the share! Nice to see the you still have some deals in Stuart. Best Wishes

Jan 16, 2013 07:18 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Gabe,

You always provide the best marketing reports! Your graphs tell your story!!

Jan 16, 2013 08:44 PM
Bobbie Smith
Stroudsburg, PA
570-242-1891

Hi Gabe, Fabulous market data as usual. Love the way you put them together.

Jan 16, 2013 09:07 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Gabe, one bright spot about Martin County is the breadth of product available! Enjoy your day!

Jan 16, 2013 09:37 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Stuart FL is so lucky to have you provide such comprehensive market reports.  I have said it before and I will say it again - yours are the most comprehensive I have seen on AR!

Jan 17, 2013 12:48 AM
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Gabe,you always put such a nice presentation together. And at 3:05 AM!  You do a great job!

Jan 17, 2013 12:58 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks all.  

Sandy, I think it's reporting Pacific time, though 6:05 am is early enough.

Jan 17, 2013 07:25 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For those interested, here’s a link for more information about Stuart FL real estate.

Nov 07, 2015 04:32 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Bob, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:47 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Jacob, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:47 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Dorie, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:48 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Bobbie, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:48 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Wayne, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:48 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Renee, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:48 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Sandy, thanks for taking the time to comment it is always appreciated.

Sep 29, 2018 11:48 AM