Stuart FL 34997 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 34997 Condo Market Report June 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2014

 

For June 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 67 active condo listings (Down by 7 condos from May).

Stuart FL 34997 Condo Market Report June 2014

 

28 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from May).

Stuart FL 34997 Condo Market Report June 2014

 

15 Condos Sold in June (Decreased by 13 condos from May).

Stuart FL 34997 Condo Market Report June 2014

 

A considerable easing of activity for the Stuart FL condo market for zip code 34997 in June of 2014.  If you read my previous market reports for this segment of the Martin County market, this was not unexpected as pending sales have been decreasing over the past few months and continued to do so in June.  Both closed sales as well as available inventory also continue to decrease.  Though, this is still a very active market.  It’s just that the super strong Spring activity is not sustainable for this area for the summer.

The one month absorption rate is now 4.7  months from last months 2.6.  Still in a sellers 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 June 2012 numbers were: 77 active listings, 32 pending sales and 8 closed sales.  Continuing to be a better market tha last year and slowly getting back into a more sustainable activity level.

Stuart FL 34997 Condo Market Report June 2014

 
 
 

 

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2014

 

 

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Rainmaker
29,208
Gina and RJ Hackworth
Coral Shores Realty - Fort Lauderdale, FL
South Florida - The Hackworth Real Estate Group

Great Reports !

Jul 17, 2014 01:54 AM #1
Ambassador
1,770,150
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe professional and interesting Stuart FL 34997 Condo Market Report. You are providing in depth information that will help any buyer or seller get a hold of what is really happening. This is why Gabe Sanders is the only choice for all your Stuart Florida Real Estate needs.

Jul 17, 2014 01:56 AM #2
Rainmaker
1,530,249
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Another comprehensive market report on Stuart Florida real estate. Have a great day!

Jul 17, 2014 02:00 AM #3
Rainer
198,833
Randy Shamburger
Movement Mortgage - Greenville, SC
FHA, VA, USDA and Conventional Mortgage Expert

Great market update, thanks for sharing.

Have a Big day,

Randy

Jul 17, 2014 03:11 AM #4
Rainmaker
1,133,094
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 - You really show your Stuart, FL condo buyers and sellers why you are a n agent in the know with your comprehensive market reports!

Jul 17, 2014 07:32 AM #5
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

Great info for people living in Stuart FL!

have a great night

Rob

Jul 17, 2014 07:41 AM #6
Rainmaker
671,888
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 showcase your area with such expertise!  Great job, again!

 

Jul 17, 2014 07:58 AM #7
Ambassador
1,510,732
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Looks like quite a variety of condos available at a wide price range.  Something for everyone with Stuart FL condos!

Jul 17, 2014 09:48 AM #8
Rainmaker
3,277,881
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe I love the detailed information with your Chart, Endre

Jul 17, 2014 11:08 AM #9
Rainmaker
5,620,527
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Your reports are a great service for prospective buyers and sellers. 

Have a great day and an outstanding weekend.

Jul 17, 2014 10:58 PM #10
Rainmaker
216,060
Pamela Madore
The Pamela Madore Group - Amarillo, TX
Team Work Makes The Dream Work

Sold in West Palm for years.  Always interested in what is going on in that area.  Thanks for the post!

Jul 19, 2014 01:32 AM #11
Rainmaker
4,798,170
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 21, 2016 04:25 AM #12
Rainmaker
4,798,170
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 21, 2016 04:26 AM #13
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Your comments are always appreciated!

Feb 21, 2016 04:26 AM #14
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Rainmaker
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Stuart Florida Real Estate
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