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Stuart FL 34997 Condo Market Report October 2015

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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 October 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015

 
For October 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 59 active condo listings (Up by 7 condos from September).

Stuart FL 34997 Condo Market Report October 2015

21 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from September).

Stuart FL 34997 Condo Market Report October 2015

12 Condos Sold in October (Increased by 4 condos from September).

Stuart FL 34997 Condo Market Report October 2015

The Stuart FL condo market for zip code 34997 showed positive results for October. Our inventory rose for the third month in a row and we also had some nice gains in both pending and closed sales. Somewhat unusual as we head into the typically slower months for condo activity.
 
 
The one month absorption rate decreased to 4.9 months from 6.5 months for September. Back into a sellers market after last months balanced market. Continuing a trend prevalent for most of the past year. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 
The October 2014 numbers were: 58 active listings, 20 pending sales and 21 closed sales. A little slower closed activity for this year as compared to last year.

Stuart FL 34997 Condo Market Report October 2015

Search for Stuart Condos for Sale by Price:

Stuart Florida Real Estate presented by: Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2015

   
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

HI Gabe Sanders, As usual you have prepared a great market update for condos in Stuart.  Last year I spent Thanksgiving with my son in Port St Lucie but this year I'll be in cooler weather in Williamsburg.

Nov 25, 2015 03:19 AM
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 I love looking at your market reports I feel I at least know your market a little not an expert by a long shot.. but at least know what is going on great prices still but hot.

Nov 25, 2015 04:47 AM
Potranco Realty
Potranco Realty - San Antonio, TX
"Sold with Potranco Realty"

Gabe, another great market update consumers will find very helpful and will know to call Gabe Sanders .

Nov 25, 2015 09:29 AM
Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800


Great Market Report. Thanks for the information on the local community sales!

Nov 26, 2015 01:49 AM
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

Jun 15, 2016 05:38 AM
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.

Jun 15, 2016 05:38 AM
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.

Jun 15, 2016 05:39 AM