Stuart FL 34997 Condo Market Report December 2018

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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 December 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2018

For December 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Up by 5 condos from November).

Stuart FL 34997 Condo Market Report December 2018

8 Condo sales are pending and awaiting close (Down by 14 condos from November).

Stuart FL 34997 Condo Market Report December 2018

19 Condos Sold in December (Up by 11 condos from November).

Stuart FL 34997 Condo Market Report December 2018

      The Stuart FL condo market for zip code 34997 remains inventory challenged but had a good number of closed sales.  Pending sales took an unexpected drop and may affect closed sales in the coming months.

     The absorption rate rose to 2.6 months in December compared to 5.5 months for November.  Remaining in an extreme seller’s market at this time for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 
 The December 2017 numbers were: 57 active listings, 17 pending sales, and 19 closed sales.  The same number of closed sales when compared to last year on a reduced inventory, but a greatly reduced number of pending sales.

Stuart FL 34997 Condo Market Report December 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report December 2018

 

 

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Stuart
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
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Ambassador
3,159,114
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I love data filled market reports and this report has it all Gabe Sanders 

Jan 31, 2019 09:43 PM #1
Rainer
537,611
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Jan 31, 2019 11:38 PM #2
Rainmaker
4,432,583
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. Thank you for sharing 

Feb 01, 2019 02:44 AM #3
Rainmaker
5,625,869
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local market reports.

Feb 01, 2019 07:52 AM #4
Ambassador
3,556,730
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Your average days on the market in the Stuart FL condo market is similar to our Uptown Charlotte market, Gabe. Great report and very useful information for those thinking of buying or selling a condo in Stuart, FL!

Feb 01, 2019 08:30 AM #5
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my post.

Feb 09, 2019 08:26 AM #6
Rainmaker
4,798,170
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 09, 2019 08:26 AM #7
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Martin County FL real estate.

Feb 09, 2019 08:26 AM #8
Rainmaker
4,798,170
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 website for a complete list of current and past market data.

Feb 09, 2019 08:26 AM #9
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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