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Stuart FL 34997 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 34997 Condo Market Report February 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2016

 
For February 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 78 active condo listings (Down by 1 condos from January).

Stuart FL 34997 Condo Market Report February 2016

38 Condo sales are pending and awaiting close or lender approval (Increased by 9 condos from January).

Stuart FL 34997 Condo Market Report February 2016

9 Condos Sold in February (Increased by 1 condos from January).

Stuart FL 34997 Condo Market Report February 2016

The Stuart FL condo market for zip code 34997 started off 2016 with a slow start. Slightly better numbers for the second month of 2016, but still not nearly as strong as last year. Plenty of room for improvement!
 
 
The one month absorption rate jumped to 8.7 months from 3 months for January. Back into a buyers market after last months very strong 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 February 2014 numbers were: 44 active listings, 250 pending sales and 13 closed sales. Better activity last year even with considerably lower inventory in 2015. One of the few areas of Martin County with significantly more inventory this year when compared to last year.

Stuart FL 34997 Condo Market Report February 2016

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 February 2016

   
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Gabe, thanks for the condo report...always enjoy viewing stats and charts on other communities.

Mar 24, 2016 04:14 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Looks like the buyers still have an opportunity to get a condo in Stuart fro a reasonable price.

Mar 24, 2016 04:54 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - You do an amazing job at keeping anyone interested in the Stuart, FL real estate market up-to-date on the current trends.  Anyone thinking of buying, or selling needs to call you!

Mar 24, 2016 04:57 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Anyone who needs to buy or sell a condo in Stuart Florida should contact Gabe Sanders!

Mar 24, 2016 05:00 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Gabe- there 's still time for buyers to grab a piece of condo life in Martin county!

Mar 24, 2016 12:23 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, Condo buyers in Stuart Florida will appreciate this post.

Mar 24, 2016 08:54 PM
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 03:28 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 03:28 AM
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!

Jul 13, 2016 03:28 AM