Stuart FL 34994 Condo Market Report July 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 34994 Condo Market Report July 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for July 2014

For July, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 118 active condo listings (Up 7 condos from June).

Stuart FL 34994 Condo Market Report July 2014

 

40 Condo sales are pending and awaiting close or lender approval. (Down by 6 condos from last month) 

Stuart FL 34994 Condo Market Report July 2014

 

25 Condos Sold in July (Up by 1 condo from June).

Stuart FL 34994 Condo Market Report July 2014

 

Typically the Stuart FL 34994 Condo market slows a bit in the summer, which we can see for July.   Closed sales were up by 1 condo while the number of pending sales (future activity) was off.  The inventory also increased for this month.

The one month absorption rate dropped to 4.7 months compared to last month’s 4.8.  Still a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last July the numbers were 109 active listings, 53 pending sales, and 11 closed sales.  Considerably better activity this year.

Stuart FL 34994 Condo Market Report July 2014

 

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34994 – Condo, July 2014

 

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Topic:
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Location:
Florida Martin County Stuart
Groups:
All Things Florida
City and State
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Tags:
condo
florida real estate
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stuart
treasure coast
snapshot
34994

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Rainmaker
1,434,758
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 Great market report, looks like there are still some really good prices in your area! I hope you have a great weekend!

Aug 16, 2014 07:11 AM #1
Rainmaker
1,044,165
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

another super report to share with the area buyers and sellers Gabe!

Aug 16, 2014 10:46 AM #2
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

Thanks for stopping by and leaving a comment Yolanda and Mark.

Aug 16, 2014 09:26 PM #3
Ambassador
1,491,699
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Gabe Sanders, thank you for providing such informative market data!  Well done.  This is extremely important for both buyers and sellers alike.

Aug 17, 2014 06:13 AM #4
Rainmaker
5,626,632
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good morning, Gabe. Families on the move will appreciate your detailed local market reports. Have an outstanding week !

Aug 17, 2014 10:08 PM #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

Gabe .....Great update ...That's less that a 3 month supply. Have a great week in FL!

Aug 17, 2014 10:18 PM #6
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 12, 2016 05:27 AM #7
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

Thanks. Your comments are always appreciated!

Feb 12, 2016 05:27 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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