Stuart FL 34994 Condo Market Report October 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2016

For October 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 93 active condo listings (Up by 1 condos from September).

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

14 Condos Sold in October (Down by 4 condos from September).

The Stuart FL 34994 Condo market moderated for last month after a pretty strong summer.  This is what we expect for the condo market in this time of the year.  This should continue until the first of the year when activity will pick up steam once again.

The absorption rate for October increased to 6.5 months compared to last month’s 5.1.  Moving into a balanced market for this condo segment of Stuart’s 34994 zip code area.  In line for summer condo activity for the 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 87 active listings, 28 pending sales, and 15 closed sales.   Very similar activity when compared to last year.

Stuart, FL Real Estate

Business Opportunity Properties

• • Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
  • Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

• • Commercial Properties for Sale in Stuart, Florida Between $0 – $500,000
  • Commercial Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
  • Commercial Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000

Land Properties

• • Land Properties for Sale in Stuart, Florida Between $0 – $500,000
  • Land Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
  • Land Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
  • Land Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
  • Land Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000

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
  • Residential Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000
  • Residential Properties for Sale in Stuart, Florida Between $1,000,000 – $1,500,000
  • Residential Properties for Sale in Stuart, Florida Between $1,500,000 – $2,000,000
  • Residential Properties for Sale in Stuart, Florida Between $2,000,000 – $2,500,000
  • Residential Properties for Sale in Stuart, Florida Between $2,500,000 – $3,000,000
  • Residential Properties for Sale in Stuart, Florida Between $3,000,000 – $3,500,000
  • Residential Properties for Sale in Stuart, Florida Between $4,000,000 – $4,500,000
  • Residential Properties for Sale in Stuart, Florida Between $4,500,000 – $5,000,000
  • Residential Properties for Sale in Stuart, Florida Between $5,000,000 – $5,500,000
  • Residential Properties for Sale in Stuart, Florida Between $6,000,000 – $6,500,000
  • Residential Properties for Sale in Stuart, Florida Between $7,000,000 – $7,500,000
  • Residential Properties for Sale in Stuart, Florida Between $7,500,000 – $8,000,000

Residential Income Properties

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