Stuart FL 34994 Condo Market Report June 2017

Stuart FL 34994 Condo Market Report June 2017 

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for June 2017

For June 2017 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 90 active condo listings (Up by 5 condos from May).

Stuart FL 34994 Condo Market Report Jun

39 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from last month) 

Stuart FL 34994 Condo Market Report Jun

21 Condos Sold in June (Up by 3 condos from May).

Stuart FL 34994 Condo Market Report Jun

The Stuart FL 34994 Condo market remains very active.  Only small changes in activity levels when compared to last month.

The absorption rate for June decreased to 4.3 months compared to last month’s 4.7.  A slightly stronger sellers’ 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 June the numbers were 76 active listings, 30 pending sales, and 27 closed sales.  Better activity last year and on a smaller inventory.

Stuart FL 34994 Condo Market Report Jun

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Stuart Florida Market Report ZIP Code 34994 – Condo, June 2017

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