Stuart FL 34996 Condo Market Report September 2018

Stuart FL 34996 Condo Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2018

For September 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 100 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report September 2018

30 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from August).

Stuart FL 34996 Condo Market Report September 2018

22 Condos Sold in September (Up by 6 condos from August) 

Stuart FL 34996 Condo Market Report September 2018

The Stuart FL 34996 Condo Market of Stuart rebounded from a slow August.  Closed sales were up.  Unfortunately, pending sales were off.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.5 months from August’s 6.4 months. Back, once again, into a seller’s market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2017 were: 112 active listings, 33 pending sales, and 21 closed sales.  Quiesimilar activity when compared to last year.

Stuart FL 34996 Condo Market Report September 2018

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Stuart FL 34996 Condo Market Report September 2018

Stuart FL 34996 Residential Market Report September 2018

Stuart FL 34996 Residential Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2018

For September 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 151 active listings (increased by 21 homes from August).

Stuart FL 34996 Residential Market Report September 2018

19 Residential sales are pending and awaiting close (Down by 2 homes from August).

Stuart FL 34996 Residential Market Report September 2018

13 Homes Sold in September (Up by 3 homes from August).

Stuart FL 34996 Residential Market Report September 2018

The 34996 zip code area of the Stuart Florida improved from last months slow activity.  The inventory took a surprising rise while pending sales were off slightly and closed sales were up a little.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September shot up to 11.6 months as compared to August’s 13 months.  Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for September 2017 were: 129 active listings, 19 pending sales, and 6 closed sales.  Better activity this year when compared to September 2017.

Stuart FL 34996 Residential Market Report September 2018

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 Search here for real estate in the 34996 Zip Code of Stuart FL

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Stuart FL 34996 Residential Market Report September 2018

Stuart FL 34994 Condo Market Report September 2018

Stuart FL 34994 Condo Market Report September 2018 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2018

For September 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 76 active condo listings (Down by 1 condos from August).

Stuart FL 34994 Condo Market Report September 2018

47 Condo sales are pending and awaiting close or lender approval. (Decreased by 13 condos from last month) 

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

The Stuart FL 34994 Condo market remains as a very active market.  pending sales were down from last month and closed sales were up.

The absorption rate for September dropped to 3.8 months compared to last month’s 4.8.  Remaining in a strong seller’s market for this condo segment of Stuart’s 34994 zip code area but drifting towards a balanced one.  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 September the numbers were 73 active listings, 22 pending sales, and 14 closed sales.  Much better activity for this month when compared to last year.

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Stuart FL 34994 Condo Market Report September 2018 

 

Stuart Florida 34994 Residential Market Report September 2018

Stuart Florida 34994 Residential Market Report September 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2018

For August 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 72 active listings (Up by 1 home from August)

Stuart Florida 34994 Residential Market Report September 2018

16 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

Stuart Florida 34994 Residential Market Report September 2018

17 Homes Sold in May (Increased by 2 homes from August)

Stuart Florida 34994 Residential Market Report September 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to show good activity.  Pending sales were off this month which could be an indication of a slower market in the next few months.

The one-month absorption rate for the 34994 zip code for September dipped to 4.2 months from 4.7 months for August.  Remaining in a seller’s market for the 34994 zip code area of Stuart, FL.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2017 numbers were 76 Active Listings, 21 pending sales, and 8 closed sales.  Considerably stronger closed sales activity this year.

Stuart Florida 34994 Residential Market Report September 2018

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Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

Land Properties

Rental Properties

Residential Properties

Residential Income Properties

Stuart Florida 34994 Residential Real Estate Market Report September 2018

Gabe’s October 2018 Housing Trends eNewsletter

Housingtrends eNewsletter 4

Gabe’s October 2018 Housing Trends eNewsletter

Welcome to our current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view Gabe’s October 2018 Housing Trends eNewsletter.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:

http://martincountyflorida.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you October have and to the opportunity to be your REALTOR® in the future.

 Gabe’s October 2018 Housing Trends eNewsletter

Gabe’s October 2018 Housing Trends eNewsletter