Stuart FL 34994 Condo Market Report January 2019

Stuart FL 34994 Condo Market Report January 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for January 2019

For January 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 114 active condo listings (Up by 14 condos from December).

Stuart FL 34994 Condo Market Report January 2019  

50 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month) 

Stuart FL 34994 Condo Market Report January 2019

17 Condos Sold in December (Unchanged from December).

Stuart FL 34994 Condo Market Report January 2019

The Stuart FL 34994 Condo market had an small increase in inventory and pending sales while sales remained unchanged.

The absorption rate for December dropped to 6.7 months compared to last month’s 5.9 months.  Back into a balanced market after one month of a seller’s market for this condo segment of Stuart’s 34994 zip code area.  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 January the numbers were 113 active listings, 51 pending sales, and 19 closed sales.  Very similar activity when compared to last January.

Stuart FL 34994 Condo Market Report January 2019

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Stuart FL 34994 Condo Market Report January 2019 

 

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