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Stuart FL 34996 Condo Market Report February 2016

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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 February 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for February 2016

For February 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 118 active condo listings (Down by 5 condos last month).

Stuart FL 34996 Condo Market Report February 2016

53 Condo sales are pending and awaiting close or lender approval (Increased by 17 condos from January).

Stuart FL 34996 Condo Market Report February 2016

18 Condos Sold in February (Increased by 7 condos from January)

Stuart FL 34996 Condo Market Report February 2016

The Stuart FL 34996 Condo Market of Stuart showed considerable improvement over a pretty weak January with increases in closed and pending sales. Unfortunately, also a decrease in inventory, giving buyers less of a selection.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 6.6 months from January's 11.2 months. Back into a balanced market for February. A balanced market is considered to occur when the absorption rate is from 6 to 7 months. The numbers for February 2014 were: 122 active listings, 60 pending sales and 25 closed sales. Still not as strong a market for condos in this zip code when compared to 2015.

Stuart FL 34996 Condo Market Report February 2016

Search Stuart FL Condos by Price Below:

Stuart Florida Real Estate presented by: Gabe Sanders

Stuart FL 34996 Condo Market Report February 2016

Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Gabe.  Decreased inventory will put pressure on prices to go up.  Good report.

Mar 22, 2016 06:47 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good afternoon Gabe. Sounds like maybe the sellers are beginning to see some srenth for price increases. Enjoy your day!

Mar 22, 2016 07:10 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Gabe -- a nice overview of the Stuart FL 34996 condo market.  Whether it's a condo, townhome or single family home --  you and the BlueWater Realty Services Team represent your clients in the most professional and dedicated manner.  

Mar 22, 2016 07:46 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Gabe, I am seeing almost every market saying the same...Values up, market time down and no inventory

Mar 22, 2016 08:00 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate this information.

Mar 22, 2016 09:18 PM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will certainly appreciate your local market reports.

Mar 23, 2016 12:11 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

Jul 13, 2016 03:27 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.

Jul 13, 2016 03:27 AM
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!

Jul 13, 2016 03:27 AM