Stuart FL 34994 Condo Market Report August 2018 

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

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

There are currently 77 active condo listings (Down by 7 condos from July).

60 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from last month) 

16 Condos Sold in August (Unchanged from July).

The Stuart FL 34994 Condo market remains a strong market with a strong number of pending sales.  This should result in some strong sales in the coming months.

The absorption rate for August dipped to 4.8 months compared to last month’s 5.3.  Remaining in a 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 August the numbers were 70 active listings, 30 pending sales, and 21 closed sales.  Pending sales remain much stronger than last year while the closed sales were lower.

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Stuart, FL Real Estate

Business Opportunity Properties

• • Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
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Commercial Properties

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Land Properties

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Rental Properties

• • Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

• • Residential Properties for Sale in Stuart, Florida Between $0 – $500,000
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Residential Income Properties

• Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000