Stuart FL 34996 Condo Market Report November 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2017

For November 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 134 active condo listings (Increased by 4 condos from last month).

35 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from October).

15 Condos Sold in November (Down by 7 condos from October) 

The Stuart FL 34996 Condo Market of Stuart continues with strong activity even though closed sales were off from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 8.9 months from October’s 5.9 months.  Into a buyer’s market for this segment of Martin County condos but now very close to a buyer’s.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2016 were: 153 active listings, 34 pending sales and 12 closed sales.  Better activity this year when compared to 2016.

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search Stuart FL Condos Here