Stuart FL 34997 Condo Market Report September 2016

Stuart FL 34997 Condo Market Report September 2016

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

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

There are currently 72 active condo listings (Up by 7 condos from August).

Stuart FL 34997 Condo Market Report September 2016

19 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from August).

Stuart FL 34997 Condo Market Report September 2016

16 Condos Sold in September (Increased by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2016

     The Stuart FL condo market for zip code 34997 continues to show excellent market activity with increased sales and an improving inventory along with strong future sales (pending sales).
     The absorption rate dropped to 4.5 months in September from 5.4 months for August. Remaining as a seller’ market for the 34997 zip code area of Stuart condos. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The September 2015 numbers were: 52 active listings, 19 pending sales and 8 closed sales.  Considerably stronger closed activity this year along with a much improved inventory.

Stuart FL 34997 Condo Market Report September 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 September 2016

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