Stuart FL 34994 Condo Market Report May 2019 

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

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

There are currently 122 active condo listings (Up by 7 condos from April).

35 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month) 

18 Condos Sold in April (Down by 7 condo from April).

The Stuart FL 34994 Condo market had an unexpected weakening and has entered into a balanced market that favors neither the buyer nor the seller.

The absorption rate for May rose to 6.8 months compared to last month’s 4.6 months.  Into a balanced 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 May the numbers were 81 active listings, 68 pending sales, and 34 closed sales.  Much weaker sales activity this year across the board for this condo segment of Stuart FL.

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Stuart Florida Real Estate for Sale

Stuart FL 34994 Condo Market Report May 2019