Stuart FL 34996 Condo Market Report June 2014

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

Stuart FL 34996 Condo Market Report June 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2014

For June 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 139 active condo listings (Down by 6 condos from last month).

Stuart FL 34996 Condo Market Report June 2014

 

  33 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from May).

Stuart FL 34996 Condo Market Report June 2014

 

17 Condos Sold in June (Decreased by 9 condos from May) 

Stuart FL 34996 Condo Market Report June 2014

 

A second month in a row for decreasing activity in the Stuart FL 34996 Condo Market.   Both pending and closed sales were off from last month.  Unfortunately this segment of the Stuart condo market has slipped back into a bit of the doldrums.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 8.2 months from May’s 5.6 months .  Now back into a buyers market after more than a year of strong activity.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2012 were: 184 active listings, 31 pending sales and 17 closed sales.  Comparing this activity to last year, we are still more active when the reduced inventory is factored into the mix.

Stuart FL 34996 Condo Market Report June 2014

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report June 2014

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Rainmaker
1,296,355
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Gabe~ I hope folks in your area appreciate your market reports, I am positive that buyers and sellers love it, and I hope they know to call you for any and all RE needs!

Jul 14, 2014 05:12 AM #1
Rainmaker
575,293
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Gabe: There is a reduction in the units sold, pending sales and inventory in June. At least, it is not a huge number to be concerned about.  However, the jump in absorption rate is very noticeable. This is great news for the condo buyers in Stuart Florida. They better contact Gabe Sanders.

Jul 14, 2014 05:18 AM #2
Rainmaker
1,729,603
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Good info for the Stuart FL area if you are in the market for a condo!

have a great day

Rob

Jul 14, 2014 05:50 AM #3
Rainmaker
1,132,794
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe - Great information on the condo market in Stuart, FL area.  I hope buyers and seller call you for more help on their Stuart, FL real estate needs!

Jul 14, 2014 07:28 AM #4
Rainmaker
519,075
Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Gabe ... Your local condo homes for sale and sold market report is detailed and attractive, and I hope your friends and clients check it out.

Jul 14, 2014 08:12 AM #5
Rainmaker
3,277,451
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe I just wonder one month might be delays in Lenders getting them Funded and the fact that it is summer? Let's see what trend is developing in your market, Endre

Jul 14, 2014 09:11 AM #6
Rainmaker
4,798,120
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Feb 20, 2016 04:24 AM #7
Rainmaker
4,798,120
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.

Feb 20, 2016 04:25 AM #8
Rainmaker
4,798,120
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments, always appreciated.

Feb 20, 2016 04:25 AM #9
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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