Stuart FL 34997 Condo Market Report May 2015
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2015
For May 2015 in the 34997 Zip Code area of Stuart, Florida :
There are currently 45 active condo listings (Up by two condos from April).
21 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from April).
22 Condos Sold in May (Increased by 4 condos from April).
The Stuart FL condo market for zip code 34997 continues to outperform the rest of the County in the condo market. Though, inventory is becoming a huge issue.
The one month absorption rate is now a very striking 2 months after last months amazing 2.4 month rate. Continuing as an extreme seller’s market for now, though as we get into summer I expect this extreme market to ease up a bit. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The May 2014 numbers were: 74 active listings, 32 pending sales and 28 closed sales. Better volume last year, but there was almost double the amount of inventory.
Search for Stuart Condos for Sale by Price:
- Condominium Properties for Sale in Stuart, Florida Between $0 – $100,000
- Condominium Properties for Sale in Stuart, Florida Between $100,000 – $200,000
- Condominium Properties for Sale in Stuart, Florida Between $200,000 – $300,000
- Condominium Properties for Sale in Stuart, Florida Between $300,000 – $400,000
- Condominium Properties for Sale in Stuart, Florida Between $400,000 – $500,000
- Condominium Properties for Sale in Stuart, Florida Between $600,000 – $700,000
- Condominium Properties for Sale in Stuart, Florida Between $800,000 – $900,000
- Condominium Properties for Sale in Stuart, Florida Between $900,000 – $1,000,000
- Condominium Properties for Sale in Stuart, Florida Between $1,200,000 – $1,300,000
- Condominium Properties for Sale in Stuart, Florida Between $2,400,000 – $2,500,000
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2015
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