Search Results for: Stuart FL 34997 Condo Market Report

Stuart FL 34997 Condo Market Report October 2019

Stuart FL 34997 Condo Market Report October 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2019

There are currently 50 active condo listings (Up by 10 condos from September).

Stuart FL 34997 Condo Market Report October 2019

10 Condo sales are pending and awaiting close (Down by 11 condo from September).

Stuart FL 34997 Condo Market Report October 2019

16 Condos Sold in October (Up by 5 condos from September).

Stuart FL 34997 Condo Market Report October 2019

      The Stuart FL condo market for zip code 34997 remains quite active and is one of the strongest performers in the Stuart condo market.  Pending sales were down considerably this month.  Hopefully, this will not result in a drop in closed sales in the coming months.

     The absorption rate dropped to 3.1 months in October compared to 3.6 months for September.  Continuing as a seller’s market for condos in 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 October 2018 numbers were: 49 active listings, 18 pending sales, and 16 closed sales.  Weaker pending sales volume this year.  This area remains a very hot segment of the Stuart condo market.

Stuart FL 34997 Condo Market Report October 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Stuart FL 34997 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report October 2019

Stuart FL 34997 Condo Market Report September 2019

Stuart FL 34997 Condo Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2019

There are currently 40 active condo listings (Down by 8 condos from August).

Stuart FL 34997 Condo Market Report September 2019

21 Condo sales are pending and awaiting close (Up by 1 condo from August).

Stuart FL 34997 Condo Market Report September 2019

11 Condos Sold in September (Up by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2019

      The Stuart FL condo market for zip code 34997 remains quite active and is one of the strongest performers in the Stuart condo market.  Sales and pending sales both rose this month while the inventory declined.

     The absorption rate dropped to 3.6 months in September compared to 6.9 months for August.  Transitioning back into a seller’s market for condos in 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 September 2018 numbers were: 42 active listings, 16 pending sales, and 16 closed sales.  Stronersales volume last year, though this is still a very hot segment of the Stuart condo market.

Stuart FL 34997 Condo Market Report September 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Stuart FL 34997 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report September 2019

Stuart FL 34997 Condo Market Report August 2019

Stuart FL 34997 Condo Market Report August 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2019

There are currently 48 active condo listings (Up by 4 condos from July).

Stuart FL 34997 Condo Market Report August 2019

20 Condo sales are pending and awaiting close (Unchanged from July).

Stuart FL 34997 Condo Market Report August 2019

7 Condos Sold in August (Down by 9 condos from July).

Stuart FL 34997 Condo Market Report August 2019

      The Stuart FL condo market for zip code 34997 indicated a slower-paced sales activity for August when compared to last month.  Probably into a more sustainable real estate market as compared to the superheated activity of last month.

     The absorption rate climbed to 6.9 months in August compared to 2.8 months for July.  Transitioning back into a balanced market for condos in 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 August 2018 numbers were: 36 active listings, 25 pending sales, and 12 closed sales.  Considerably more active sales activity last year for this condo segment in Stuart FL

Stuart FL 34997 Condo Market Report August 2019

To make informed decisions about Stuart FL condo real estate it’s a good idea to be familiar with the market.  Click here to view the previous Stuart FL 34997 condo market reports

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report August 2019

Stuart FL 34997 Condo Market Report July 2019

Stuart FL 34997 Condo Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2019

For July 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 12 condos from June).

Stuart FL 34997 Condo Market Report July 2019

20 Condo sales are pending and awaiting close (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

16 Condos Sold in July (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

      The Stuart FL condo market for zip code 34997 picked up considerably from last month and is a very active condo real estate market.

     The absorption rate plunged to 2.8 months in July compared to 5.1 months for June.  Back into a very strong seller’s market for condos in 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 July 2018 numbers were: 44 active listings, 21 pending sales, and 17 closed sales.  Very similar to the July 2018 condo activity for the 34997 zip code area of Martin County.

Stuart FL 34997 Condo Market Report July 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report July 2019

Stuart FL 34997 Condo Market Report June 2019

Stuart FL 34997 Condo Market Report June 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for June 2019

For June 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 56 active condo listings (Up by 4 condos from May).

Stuart FL 34997 Condo Market Report June 2019

15 Condo sales are pending and awaiting close (Down by 18 condos from May).

Stuart FL 34997 Condo Market Report June 2019

11 Condos Sold in June (Down by 8 condos from May).

Stuart FL 34997 Condo Market Report June 2019

      The Stuart FL condo market for zip code 34997 continues to be active but it did slow down from the past few months.

     The absorption rate increased to 5.1 months in June compared to 2.7 months for May.  Continuing as a seller’s market for condos in the 34997 zip code of Stuart FL, but approaching a balanced market.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The June 2018 numbers were: 50 active listings, 26 pending sales, and 18 closed sales.  There was better sales and pending sales volume last year.

Stuart FL 34997 Condo Market Report June 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report June 2019