Stuart FL 34994 Condo Market Report December 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 34994 Condo Market Report December 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2016

For December 2016 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 86 active condo listings (Down by 12 condos from November).

Stuart FL 34994 Condo Market Report December 2016

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

Stuart FL 34994 Condo Market Report December 2016

13 Condos Sold in December (Down by 7 condos from November).

Stuart FL 34994 Condo Market Report December 2016

The Stuart FL 34994 Condo market had a drop in inventory for this month and an increase in pending sales but also a decrease in closed sales.

The absorption rate for December dropped to 6.6 months compared to last month’s 4.9.  Moving back into a balanced market for this condo segment of Stuart’s 34994 zip code area.  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 December the numbers were 93 active listings, 29 pending sales, and 17 closed sales.   Similar activity as compared to last year with a bit more closed sales and slightly less pending sales from last year.

Stuart FL 34994 Condo Market Report December 2016

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2016

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Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Gabe Sanders - It always depends on who you are representing, but I always think it is good to have a balanced market. It keeps both sides engaged!

Jan 19, 2017 02:21 PM #1
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

This is a work of art when it comes to your thorough approach to your Stuart Florida Condo Market Report. Well done Gabe Sanders 

Jan 19, 2017 05:04 PM #2
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Gabe Sanders  you are the only agent to call in Stuart Florida  you are the expert in this area

Jan 19, 2017 06:31 PM #3
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, excellent reporting on the Stuart FL 34994 Condo Market. Your clients will be able to use this to see the whole market and its conditions.

Jan 19, 2017 07:43 PM #4
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Home buyers and sellers in your market area should call you to be their agent.

Jan 20, 2017 03:53 AM #5
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Condo buyers from the DC Metro Area will love these attractive prices.

Jan 20, 2017 07:19 AM #6
Rainmaker
4,306,642
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, it’s always good to hear from you.

Feb 19, 2017 11:21 AM #7
Rainmaker
4,306,642
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 19, 2017 11:21 AM #8
Rainmaker
4,306,642
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

Feb 19, 2017 11:21 AM #9
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