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

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

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

      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.

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

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

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

      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

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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).

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

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

      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.

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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).

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

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

      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.

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

There are currently 52 active condo listings (Down by 6 condos from April).

33 Condo sales are pending and awaiting close (Up by 3 condos from April).

19 Condos Sold in May (Up by 1 condo from April).

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 2.7 months in May compared to 3.2 months for April.  Continuing as an even stronger 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 May 2018 numbers were: 50 active listings, 26 pending sales, and 17 closed sales.  Continuing stronger sales volume year to year in this segment of the Stuart condo real estate market.

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

There are currently 58 active condo listings (Unchanged from March).

30 Condo sales are pending and awaiting close (Down by 4 condos from March).

18 Condos Sold in April (Up by 3 condos from March).

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 3.2 months in April compared to 3.9 months for March.  Continuing as a 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 April 2018 numbers were: 57 active listings, 19 pending sales, and 9 closed sales.  Considerably stronger activity this year when compared to April 2018.

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

There are currently 58 active condo listings (Down by 7 condos from February).

34 Condo sales are pending and awaiting close (Up by 17 condos from February).

15 Condos Sold in March (Up by 5 condos from February).

      The Stuart FL condo market for zip code 34997 came back strong for March after a few months of weaker activity.

     The absorption rate plunged to 3.9 months in March compared to 6.5 months for February.  Transitioning into a very strong seller’s market after one month as a balanced market and a previous month as a buyer’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 March 2018 numbers were: 56 active listings, 23 pending sales, and 22 closed sales.  Stronger closed sales volume last year while we had better ending numbers this year.

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

There are currently 65 active condo listings (Up by 5 condos from January).

17 Condo sales are pending and awaiting close (Down by 2 condos from January).

10 Condos Sold in February (Up by 5 condos from January).

      The Stuart FL condo market for zip code 34997 rebounded from very weak sales activity last month.  Pending sales were off slightly and the inventory continues to rise.

     The absorption rate rose to 6.5 months in February compared to 12 months for January.  Transitioning into a balanced market after an unusual month as a buyer’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 February 2018 numbers were: 54 active listings, 32 pending sales, and 17 closed sales.  There was much stronger activity last year with a smaller number of condos for sale.

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

There are currently 60 active condo listings (Up by 11 condos from December).

19 Condo sales are pending and awaiting close (Up by 11 condos from December).

5 Condos Sold in January (Down by 14 condos from December).

      The Stuart FL condo market for zip code 34997 had a needed increase in inventory but sales dropped off significantly Pending sales improved which should help closed sales in the coming months.

     The absorption rate rose to 12 months in January compared to 2.6 months for December.  Transitioning into a buyer’s market for the first time in some time 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 January 2017 numbers were: 56 active listings, 35 pending sales, and 8 closed sales.  Better activity in the 34997 zip code section of Stuart condos last year.

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For December 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Up by 5 condos from November).

8 Condo sales are pending and awaiting close (Down by 14 condos from November).

19 Condos Sold in December (Up by 11 condos from November).

      The Stuart FL condo market for zip code 34997 reaminsinventory challenged but had a good number of closed sales.  Pending sales took an unexpected drop and may affect closed sales in the coming months.

     The absorption rate rose to 2.6 months in December compared to 5.5 months for November.  Remaining in an extreme seller’s market at this time for 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 December 2017 numbers were: 57 active listings, 17 pending sales, and 19 closed sales.  The same number of closed sales when compared to last year on a reduced inventory, but a greatly reduced number of pending sales.

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For November 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 5 condos from October).

22 Condo sales are pending and awaiting close (Up by 4 condos from October).

8 Condos Sold in November (Down by 8 condos from October).

      The Stuart FL condo market for zip code 34997 had lower inventory this month but also weaker closed sales.  Though, there was an increase in pending sales.

     The absorption rate rose to 5.5 months in November compared to 3.1 months for October.  Drifting closer to a balanced market for 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 November 2017 numbers were: 49 active listings, 30 pending sales, and 10 closed sales.  Better activity last year.

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For October 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Up by 7 condos from September).

18 Condo sales are pending and awaiting close (Up by 2 condos from September).

16 Condos Sold in October (Unchanged from September).

      The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels. Though there was a small rise this month.  Pending sales were up slightly while closed sales remained unchanged for October.

     The absorption rate rose to 3.1 months in October compared to 2.6 months for September.  Staying in a strong seller’s market for 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 2017 numbers were: 53 active listings, 25 pending sales, and 10 closed sales.  Better closed sales this year while there were more pending sales last year.

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For September 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 42 active condo listings (Up by 6 condos from August).

16 Condo sales are pending and awaiting close (Down by 9 condos from August).

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

      The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels.  Pending sales were down while closed sales were up for September.

     The absorption rate returned to 2.6 months in September compared to 3.0 months for August.  Remaining as a strong seller’s market for 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 2017 numbers were: 49 active listings, 18 pending sales, and 13 closed sales.  Pretty similar market activity as last year.

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For August 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 36 active condo listings (Down by 8 condos from July).

25 Condo sales are pending and awaiting close (Up by 4 condos from July).

12 Condos Sold in August (Decreased by 5 condos from July).

      The Stuart FL condo market for zip code 34997 is still a very strong market, but the inventory of available condos has now shrunk to unprecedented low levels.  Surprisingly, both pending and closed sales remain quite strong considering the low inventory.

     The absorption rate rose to 3.0 months in August compared to 2.6 months for July.  Remaining as a strong seller’s market for 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 2017 numbers were: 44 active listings, 23 pending sales, and 17 closed sales.  Better sales activity last year but with greater inventory.

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For July 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 6 condos from June).

21 Condo sales are pending and awaiting close (Down by 5 condos from June).

17 Condos Sold in July (Decreased by 1 condos from June).

      The Stuart FL condo market for zip code 34997 is still a very strong market, but the inventory of available condos has now shrunk to unprecedented low levels.

     The absorption rate inched down to 2.6 months in July compared to 2.8 months for June.  Remaining as a strong seller’s market for 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 2017 numbers were: 61 active listings, 32 pending sales, and 25 closed sales.  Considerably better activity last year.

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For June 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 50 active condo listings (Unchanged from May).

26 Condo sales are pending and awaiting close (Also unchanged from May).

18 Condos Sold in June (Increased by 1 condos from May).

      The Stuart FL condo market for zip code 34997 had identical activity to last month with the exception of one additional closed sale this month.

     The absorption rate inched down to 2.8 months in June compared to 2.9 months for May.  Remaining in a strong seller’s market for 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 June 2017 numbers were: 50 active listings, 33 pending sales, and 7 closed sales.  Better sales activity this year while the pending sales were a bit stronger last year.  The inventory remained unchanged from last year as well.

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For May 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 50 active condo listings (Down by 7 condos from April).

26 Condo sales are pending and awaiting close or lender approval (Up by 7 condos from April).

17 Condos Sold in May (Increased by 8 condos from April).

      The Stuart FL condo market for zip code 34997 showed strong activity for May.  Both pending and closed sales improved from last month, whilewe remain in great need of more condos available to purchase (inventory) in this area of Stuart FL.

     The absorption rate plunged to 2.9 months in May compared to 6.3 months for April.  Back into a strong seller’s market for 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 May 2017 numbers were: 61 active listings, 22 pending sales, and 37 closed sales.  Better sales activity last year even though pending sales were a bit stronger this year.  This is all with a reduced number of condos available for sale

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For April 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 57 active condo listings (Up by 1 condos from March).

19 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from March).

9 Condos Sold in April (Decreased by 11 condos from March).

      The Stuart FL condo market for zip code 34997 showed slower activity for April after a red-hot March.  Pending sales are off by quite a lot as were the closed sales.  In great need of more condos available for sale in this area of Stuart FL.

     The absorption rate jumped to 6.3 months in April compared to 2.4 months for March.  Back into a balanced market for 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 April 2017 numbers were: 70 active listings, 44 pending sales, and 5 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale.  The pending numbers are not as good.

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For March 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 56 active condo listings (Up by 2 condos from February).

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

22 Condos Sold in March (Increased by 5 condos from February).

      The Stuart FL condo market for zip code 34997 has a very low inventory of available condos for sale yet is showing strong activity with what is available.

     The absorption rate dropped to 2.4 months in March compared to 3.2 months for February.  Back into a strong sellers’ market for 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 March 2017 numbers were: 75 active listings, 44 pending sales, and 18 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale..

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