Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for May 2011

Market Report: Stuart Florida Real Estate Snapshot for Zip Code 34994, Condo Sales for May 2011

For May 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 154 active condo listings (up 6 from last month).

36 Condo sales are pending and awaiting close or lender approval. (a decrease of 3 from April)

13 Condos Sold in May (down 13 units from last month).

A disappointing month for the 34994 zip code portion of Stuart Florida for condo sales.  Inventory rose for the second month in a row.  Both closed and pending sales were also off.  Unfortunately not a good sign for the health of this segment of the market.