Stuart FL 34997 Condo Market Report November 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 November 2016

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

 

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

There are currently 73 active condo listings (Increased by 1 condo from October).

Stuart FL 34997 Condo Market Report November 2016

20 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from October).

Stuart FL 34997 Condo Market Report November 2016

8 Condos Sold in November (Increased by 2 condos from October).

Stuart FL 34997 Condo Market Report November 2016

     The Stuart FL condo market for zip code 34997 showed a small increase in sales activity while also having reduced pending sales.  The inventory remained fairly steady from last month.
 
     The absorption rate dropped to 9.1 months in November from 12 months for October.  Continuing as a buyers’ market for the 34997 zip code of Stuart FL, though not as extreme as last month. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 
 The November 2015 numbers were: 58 active listings, 29 pending sales and 9 closed sales.  Considerably greater sales activity last year with less available inventory.

Stuart FL 34997 Condo Market Report November 2016

Stuart Florida Real Estate presented by:
Gabe Sanders

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

 

 

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Florida Martin County Stuart
Groups:
All Things Florida
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Advice for Sellers
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Rainmaker
1,084,690
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - Anyone thinking of buying or selling a condo in the Stuart, FL area should call you first!  Your real estate market reports show why you are a local expert!

Dec 26, 2016 03:26 PM #1
Rainmaker
4,652,388
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Stuart condo sellers will be in very good hands when they select you as their listing agent.

Dec 26, 2016 04:22 PM #2
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Thanks for sharing the Stuart Market report. I hope you will have a bright New Year.

Dec 26, 2016 05:14 PM #3
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe even a modest increase in sales is a good sign in my book,  Hope we see an improved housing market in 2017

Dec 26, 2016 05:33 PM #4
Rainmaker
4,652,388
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

I hope you are enjoying the holidays.

Have an outstanding week.

Dec 27, 2016 04:29 PM #5
Rainmaker
4,310,631
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

Jan 31, 2017 06:04 AM #6
Rainmaker
4,310,631
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.

Jan 31, 2017 06:04 AM #7
Rainmaker
4,310,631
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!

Jan 31, 2017 06:04 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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