Stuart FL 34997 Condo Market Report April 2019
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2019
For April 2019 in the 34997 Zip Code area of Stuart, Florida:
There are currently 58 active condo listings (Unchanged from March).
30 Condo sales are pending and awaiting close (Down by 4 condos from March).
18 Condos Sold in April (Up by 3 condos from March).
The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.
The absorption rate dropped to 3.2 months in April compared to 3.9 months for March. Continuing as a strong seller’s market for condos in the 34997 zip code of Stuart FL. A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The April 2018 numbers were: 57 active listings, 19 pending sales, and 9 closed sales. Considerably stronger activity this year when compared to April 2018.
Stuart Florida Real Estate presented by:
Gabe Sanders
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
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