Stuart FL 34996 Condo Market Report March 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2018

For March 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 139 active condo listings (Down by 2 condos from last month).

55 Condo sales are pending and awaiting close or lender approval (Unchanged from February).

29 Condos Sold in March (Unchanged from February) 

The Stuart FL 34996 Condo Market of Stuart showed almost no change in activity from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 inched down to 4.8 months from February’s 4.9 months.  Remaining in a 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 March 2017 were: 148 active listings, 58 pending sales and 36 closed sales.  Better activity last year on a slightly higher inventory.

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