Stuart FL 34994 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2015

For October 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active condo listings (Up by 16 condos from September).

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 7 condos from last month) 

15 Condos Sold in October (Up by 4 condos from September).

The Stuart FL 34994 Condo market while still active is showing reduced activity as we head into the off season.  Though remaining in a good and steady balanced market vicinity.

The one month absorption rate increased to 5.8 months compared to last month’s 6.5.   Continuing to hover in the balanced market 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 October the numbers were 94 active listings, 31 pending sales, and 16 closed sales.   Slightly stronger activity last year.  Though the greater inventory is probably a large factor in this.

Search for Stuart FL Condos by Price Below: