Stuart FL 34996 Condo Market Report December 2014
Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2014
For December 2014 in the 34996 Zip Code area of Stuart, Florida :
There are currently 142 active condo listings (Down by 2 condos from last month).
47 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condo from November).
21 Condos Sold in December (Decreased by 3 condos from November)
The Stuart FL 34996 Condo Market didn’t change much as compared to November. Closed sales were off by 3 units while both the active inventory and pending sales declined slightly. I expect to see an increase in activity as we gear up for 2015.
The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 6.8 months from November’s 6 months . Slipping back towards a buyers market for December. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.
The numbers for December 2013 were: 173 active listings, 29 pending sales and 21 closed sales. Even with considerably lower inventory, activity is much improved for the last month of 2014 as compared to 2013.
Search Stuart FL Condos by Price Below:
- Condominium Properties for Sale in Stuart, Florida Between $0 – $100,000
- Condominium Properties for Sale in Stuart, Florida Between $100,000 – $200,000
- Condominium Properties for Sale in Stuart, Florida Between $200,000 – $300,000
- Condominium Properties for Sale in Stuart, Florida Between $300,000 – $400,000
- Condominium Properties for Sale in Stuart, Florida Between $400,000 – $500,000
- Condominium Properties for Sale in Stuart, Florida Between $600,000 – $700,000
- Condominium Properties for Sale in Stuart, Florida Between $800,000 – $900,000
- Condominium Properties for Sale in Stuart, Florida Between $900,000 – $1,000,000
- Condominium Properties for Sale in Stuart, Florida Between $1,200,000 – $1,300,000
- Condominium Properties for Sale in Stuart, Florida Between $2,400,000 – $2,500,000
Stuart Florida Real Estate presented by:
Gabe Sanders
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