Search Results for: Stuart FL 34996 Condo Market Report

Stuart FL 34996 Condo Market Report February 2018

Stuart FL 34996 Condo Market Report February 2018

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

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

There are currently 141 active condo listings (Up by 1 condos from last month).

Stuart FL 34996 Condo Market Report February 2018

55 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from January).

Stuart FL 34996 Condo Market Report February 2018

29 Condos Sold in February (Up by 12 condos from January) 

Stuart FL 34996 Condo Market Report February 2018

The Stuart FL 34996 Condo Market of Stuart rebounded in closed sales from a weak January.  Though, the inventory continues to decline and if this trend continues there won’t be enough condos on the market to sustain strong activity.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 4.9 months from January’s 8.2 months.  Back into a sellers’ 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 February 2017 were: 153 active listings, 56 pending sales and 19 closed sales.  Impressively stronger sales on a reduced volume of available condos for sale.

Stuart FL 34996 Condo Market Report February 2018

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Stuart FL 34996 Condo Market Report February 2018

Stuart FL 34996 Condo Market Report January 2018

Stuart FL 34996 Condo Market Report January 2018

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

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

There are currently 140 active condo listings (Up by 6 condos from last month).

Stuart FL 34996 Condo Market Report January 2018

52 Condo sales are pending and awaiting close or lender approval (Increased by 17 condos from December).

Stuart FL 34996 Condo Market Report January 2018

17 Condos Sold in January (Down by 3 condos from December) 

Stuart FL 34996 Condo Market Report January 2018

The Stuart FL 34996 Condo Market of Stuart had a weaker month of closed sales but also a nice jump in pending sales which should translate to better closed numbers in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped up to 8.2 months from December’s 6.7 months.  Back into a buyer’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 January 2017 were: 170 active listings, 31 pending sales and 22 closed sales.  Lower sales volume this year along with reduced inventory but considerable greater number of pending sales.

Stuart FL 34996 Condo Market Report January 2018

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Stuart FL 34996 Condo Market Report January 2018

Stuart FL 34996 Condo Market Report December 2017

Stuart FL 34996 Condo Market Report December 2017

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

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

There are currently 134 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report December 2017

35 Condo sales are pending and awaiting close or lender approval (Also unchanged from November).

Stuart FL 34996 Condo Market Report December 2017

20 Condos Sold in December (Up by 5 condos from November) 

Stuart FL 34996 Condo Market Report December 2017

The Stuart FL 34996 Condo Market of Stuart continues with improved sales volume for the last month of the 2017.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 6.7 months from November’s 8.9 months.  Drifting back into a balanced 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 December 2016 were: 153 active listings, 35 pending sales and 20 closed sales.  Identical sales volume as last year on a reduced number of available condos for sale (inventory).

Stuart FL 34996 Condo Market Report December 2017

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Stuart FL 34996 Condo Market Report December 2017

Stuart FL 34996 Condo Market Report November 2017

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).

Stuart FL 34996 Condo Market Report November 2017

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

Stuart FL 34996 Condo Market Report November 2017

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

Stuart FL 34996 Condo Market Report November 2017

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.

Stuart FL 34996 Condo Market Report November 2017

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Stuart FL 34996 Condo Market Report November 2017

Stuart FL 34996 Condo Market Report October 2017

Stuart FL 34996 Condo Market Report October 2017

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

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

There are currently 130 active condo listings (Increased by 18 condos from last month).

Stuart FL 34996 Condo Market Report October 2017

24 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from September).

Stuart FL 34996 Condo Market Report October 2017

22 Condos Sold in October (Up by 1 condos from September) 

Stuart FL 34996 Condo Market Report October 2017

The Stuart FL 34996 Condo Market of Stuart continued with steady activity though pending sales were off which may indicate some slower sales numbers in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.9 months from September’s 5.3 months.  Still a seller’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 October 2016 were: 137 active listings, 23 pending sales and 11 closed sales.  One of the few areas of martin County with better activity this year when compared to 2016.

Stuart FL 34996 Condo Market Report October 2017

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Stuart FL 34996 Condo Market Report October 2017

Stuart FL 34996 Condo Market Report September 2017

Stuart FL 34996 Condo Market Report September 2017

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

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

There are currently 112 active condo listings (Increased by 5 condos from last month).

Stuart FL 34996 Condo Market Report September 2017

33 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from August).

Stuart FL 34996 Condo Market Report September 2017

21 Condos Sold in September (Down by 7 condos from August) 

Stuart FL 34996 Condo Market Report September 2017

The Stuart FL 34996 Condo Market of Stuart showed somewhat less activity than last month, but still pretty active.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.3 months from August’s 3.8 months.  Still 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 2016 were: 132 active listings, 25 pending sales and 21 closed sales.  One of the few areas of martin County with better activity this year when compared to 2016.

Stuart FL 34996 Condo Market Report September 2017

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report September 2017

Stuart FL 34996 Condo Market Report August 2017

Stuart FL 34996 Condo Market Report August 2017

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

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

There are currently 107 active condo listings (Decreased by 15 condos from last month).

Stuart FL 34996 Condo Market Report August 2017

39 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from July).

Stuart FL 34996 Condo Market Report August 2017

28 Condos Sold in August (Up by 7 condos from July) 

Stuart FL 34996 Condo Market Report August 2017

The Stuart FL 34996 Condo Market of Stuart showed surprisingly stronger activity for August of 2017.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.8 months from July’s 5.8 months.  A stronger sellers’ 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 August 2016 were: 120 active listings, 33 pending sales and 16 closed sales.  Stronger activity for this year when compared to August of 2016.

Stuart FL 34996 Condo Market Report August 2017

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Stuart FL 34996 Condo Market Report August 2017

Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34996 Condo Market Report July 2017

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

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

There are currently 122 active condo listings (Decreased by 10 condos from last month).

Stuart FL 34996 Condo Market Report July 2017

43 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from June).

Stuart FL 34996 Condo Market Report July 2017

21 Condos Sold in July (Down by 5 condos from June) 

Stuart FL 34996 Condo Market Report July 2017

The Stuart FL 34996 Condo Market of Stuart had fewer sales for July when compared to last month but continues with very strong activity through the summer.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.8 months from June’s 5.1 months.  Remaining as a sellers market for this segment of Martin County condos, but mow almost a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2016 were: 120 active listings, 33 pending sales and 16 closed sales.  Stronger activity for this year when compared to July of 2016.

Stuart FL 34996 Condo Market Report July 2017

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Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34996 Condo Market Report June 2017

Stuart FL 34996 Condo Market Report June 2017

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

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

There are currently 132 active condo listings (Decreased by 5 condos from last month).

Stuart FL 34996 Condo Market Report June 2017

40 Condo sales are pending and awaiting close or lender approval (Increased by 4 condos from May).

Stuart FL 34996 Condo Market Report June 2017

26 Condos Sold in June (Down by 4 condos from May) 

Stuart FL 34996 Condo Market Report June 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for June.  Just minor differences from last months strong activity.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.1 months from May’s 4.6 months.  Remaining as a sellers market for this segment of Martin County condos, but drifting towarsd a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2016 were: 74 active listings, 27 pending sales and 21 closed sales.  Stronger activity for this year when compared to June of 2016.

Stuart FL 34996 Condo Market Report June 2017

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Stuart FL 34996 Condo Market Report June 2017

Stuart FL 34996 Condo Market Report May 2017

Stuart FL 34996 Condo Market Report May 2017

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

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

There are currently 137 active condo listings (Decreased by 11 condos from last month).

Stuart FL 34996 Condo Market Report May 2017

36 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from April).

Stuart FL 34996 Condo Market Report May 2017

30 Condos Sold in May (Down by 10 condos from April) 

Stuart FL 34996 Condo Market Report May 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for May.  The inventory decreased while there was little change in pending sales as closed sales were down from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.6 months from April’s 3.7 months.  Remaining as a sellers 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 May 2016 were: 120 active listings, 40 pending sales and 32 closed sales.  Slightly weaker activity this year when compared to last year.

Stuart FL 34996 Condo Market Report May 2017

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report May 2017

Stuart FL 34996 Condo Market Report April 2017

Stuart FL 34996 Condo Market Report April 2017

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

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

There are currently 148 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report April 2017

35 Condo sales are pending and awaiting close or lender approval (Decreased by 23 condos from March).

Stuart FL 34996 Condo Market Report April 2017

40 Condos Sold in April (Up by 4 condos from March) 

Stuart FL 34996 Condo Market Report April 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for April but a sizeable drop in pending sales.  This is often an indication of upcoming slower closed activity in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.7 months from March’s 4.1 months.  The second month of a sellers 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 April 2016 were: 126 active listings, 48 pending sales and 37 closed sales.  Similar activity when compared to last year, but with a greater availability of condos this year.

Stuart FL 34996 Condo Market Report April 2017

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report April 2017

Stuart FL 34996 Condo Market Report March 2017

Stuart FL 34996 Condo Market Report March 2017

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

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

There are currently 148 active condo listings (Down by 5 condos from last month).

Stuart FL 34996 Condo Market Report March 2017

58 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from February).

Stuart FL 34996 Condo Market Report March 2017

36 Condos Sold in March (Up by 17 condos from February) 

Stuart FL 34996 Condo Market Report March 2017

The Stuart FL 34996 Condo Market of Stuart showed a continued reduction of available condos for sale (inventory) while sales and pending sales both rose.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.1 months from February’s 8.1 months.  Back into a sellers 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 March 2016 were: 114 active listings, 53 pending sales and 29 closed sales.  Much stronger market this year when compared to last March.

Stuart FL 34996 Condo Market Report March 2017

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report March 2017

Stuart FL 34996 Condo Market Report February 2017

Stuart FL 34996 Condo Market Report February 2017

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

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

There are currently 153 active condo listings (Down by 17 condos from last month).

Stuart FL 34996 Condo Market Report February 2017

56 Condo sales are pending and awaiting close or lender approval (Increased by 25 condos from January).

Stuart FL 34996 Condo Market Report February 2017

19 Condos Sold in February (Down by 3 condos from January) 

Stuart FL 34996 Condo Market Report February 2017

The Stuart FL 34996 Condo Market of Stuart showed a reduction of inventory with a large jump in pending sales, indicating a potential for better closed sales coming up in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose slightly to 8.1 months from January’s 7.7 months.  Remaining in a buyers 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 February 2016 were: 118 active listings, 53 pending sales and 18 closed sales.  Much more inventory this year with slightly greater volume of both closed and pending sales.

Stuart FL 34996 Condo Market Report February 2017

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report February 2017

Stuart FL 34996 Condo Market Report January 2017

Stuart FL 34996 Condo Market Report January 2017

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

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

There are currently 170 active condo listings (Up by 17 condos from last month).

Stuart FL 34996 Condo Market Report January 2017

31 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from December).

Stuart FL 34996 Condo Market Report January 2017

22 Condos Sold in January (Up by 2 condos from December) 

Stuart FL 34996 Condo Market Report January 2017

The Stuart FL 34996 Condo Market of Stuart had small gains from last month with sales up slightly.  A fairly large jump in inventory along with a decrease in pending sales is a little troubling.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 remained basically unchanged at 7.7 months from December’s 7.65 months.  Remaining in a buyers 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 January 2016 were: 123 active listings, 37 pending sales and 11 closed sales.  Somewhat better closed activity for this year when compared with last year, but with a much larger number of condos available for sale.

Stuart FL 34996 Condo Market Report January 2017

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report January 2017

Stuart FL 34996 Condo Market Report December 2016

Stuart FL 34996 Condo Market Report December 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2016

For December 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 153 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report December 2016

35 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from November).

Stuart FL 34996 Condo Market Report December 2016

20 Condos Sold in December (Up by 8 condos from November) 

Stuart FL 34996 Condo Market Report December 2016

The Stuart FL 34996 Condo Market of Stuart continued to show improving sales and pendings though it is still trying to catch up with the increases in inventory from the past few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 7.65 months from November’s 12.8 months.  Remaining in a buyers market for this segment of Martin County condos but trending in the right direction.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2015 were: 102 active listings, 31 pending sales and 18 closed sales.  Fairly similar closed and pending volume as compared to December of 2015, but the inventory is considerably higher this year when compared to 2015.

Stuart FL 34996 Condo Market Report December 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report December 2016

Stuart FL 34996 Condo Market Report November 2016

Stuart FL 34996 Condo Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2016

For November 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 153 active condo listings (Up by 16 condos last month).

Stuart FL 34996 Condo Market Report November 2016

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

Stuart FL 34996 Condo Market Report November 2016

12 Condos Sold in November (Up by 1 condos from October) 

Stuart FL 34996 Condo Market Report November 2016

The Stuart FL 34996 Condo Market of Stuart showed some gains in sales as well as pending sales but not enough to offset some fairly large gains in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 12.8 months from October’s 12.5 months.  Remaining in a buyers 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 November 2015 were: 94 active listings, 32 pending sales and 16 closed sales.  Fairly similar closed and pending volume as compared to November of 2015, but the inventory is considerably higher.

Stuart FL 34996 Condo Market Report November 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report November 2016

Stuart FL 34996 Condo Market Report October 2016

Stuart FL 34996 Condo Market Report October 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2016

For October 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 137 active condo listings (Up by 5 condos last month).

Stuart FL 34996 Condo Market Report October 2016

23 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from September).

Stuart FL 34996 Condo Market Report October 2016

11 Condos Sold in October (Down by 10 condos from September) 

Stuart FL 34996 Condo Market Report October 2016

The Stuart FL 34996 Condo Market of Stuart eased off in closed and pending sales while continuing to gain in inventory.  This is not an unexpected result as we are in the slower season for condo sales which traditionally rely on the second home market.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 12.5 months from September’s 6.3 months.  A buyers market as the condo season winds down for the end of the season.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2015 were: 79 active listings, 29 pending sales and 26 closed sales.  Considerably stronger condo market last year.

Stuart FL 34996 Condo Market Report October 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report October 2016

Stuart FL 34996 Condo Market Report September 2016

Stuart FL 34996 Condo Market Report September 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2016

For September 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 132 active condo listings (Up by 12 condos last month).

Stuart FL 34996 Condo Market Report September 2016

25 Condo sales are pending and awaiting close or lender approval (Decreased by 8 condos from August).

Stuart FL 34996 Condo Market Report September 2016

21 Condos Sold in September (Up by 5 condos from August) 

Stuart FL 34996 Condo Market Report September 2016

The Stuart FL 34996 Condo Market of Stuart showed some gains from last month and is back into a balanced market.  Inventory is increasing and we will need to see corresponding increases in sales activity for the near future.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 was down to 6.3 months from August’s 7.4 months.  Back in a balanced market for this segment of Stuart FL condos after two months as a sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2015 were: 76 active listings, 41 pending sales and 29 closed sales.  This years market activity is not as strong as it was last year.

Stuart FL 34996 Condo Market Report September 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report September 2016

Stuart FL 34996 Condo Market Report August 2016

Stuart FL 34996 Condo Market Report August 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2016

For August 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 120 active condo listings (Down by 2 condos last month).

Stuart FL 34996 Condo Market Report August 2016

33 Condo sales are pending and awaiting close or lender approval (Unchanged from July).

Stuart FL 34996 Condo Market Report August 2016

16 Condos Sold in August (Unchanged from July) 

Stuart FL 34996 Condo Market Report August 2016

The Stuart FL 34996 Condo Market of Stuart continues showing some weakness.  There was no change in sales or pending sales from last month with only a minor drop in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 inched down slightly to 7.4 months from July’s 7.5 months.  Continuing a second month of being sellers’ market for this segment of Stuart FL condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2015 were: 78 active listings, 53 pending sales and 20 closed sales.  A significant increase in available condos for sale as compared to last August while also having considerably less closed and pending sales.

Stuart FL 34996 Condo Market Report August 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report August 2016

Stuart FL 34996 Condo Market Report July 2016

Stuart FL 34996 Condo Market Report July 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for July 2016

For July 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 120 active condo listings (Up by 46 condos last month).

Stuart FL 34996 Condo Market Report July 2016

33 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from June).

Stuart FL 34996 Condo Market Report July 2016

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

Stuart FL 34996 Condo Market Report July 2016

The Stuart FL 34996 Condo Market of Stuart regained the lost inventory from last month while showing a little weakness in closed sales.  This is not uncommon for the summer months for Florida condo sales.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 7.5 months from June’s 3.5 months.  Into a slight sellers’ market for July.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2015 were: 92 active listings, 42 pending sales and 16 closed sales.  An equal number of closed sales from last year though we have less pending sales on a larger inventory of condos for this year..

Stuart FL 34996 Condo Market Report July 2016

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report July 2016