Stuart FL 34996 Condo Market Report August 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2017

For August 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 107 active condo listings (Decreased by 15 condos from last month).

39 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from July).

28 Condos Sold in August (Up by 7 condos from July) 

The Stuart FL 34996 Condo Market of Stuart showed surprisingly stronger activity for August of 2017.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.8 months from July’s 5.8 months.  A stronger sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2016 were: 120 active listings, 33 pending sales and 16 closed sales.  Stronger activity for this year when compared to August of 2016.

Search Stuart FL Condos Here