Stuart FL 34997 Condo Market Report July 2016
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2016
For July 2016 in the 34997 Zip Code area of Stuart, Florida :
There are currently 73 active condo listings (Down by 1 condos from June).
25 Condo sales are pending and awaiting close or lender approval (Down by 2 condos from June).
10 Condos Sold in July (Decreased by 14 condos from June).
The Stuart FL condo market for zip code 34997 moderated as we enter into the summer season. This should only be a temporary seasonal fluctuation.
The absorption rate jumped to 7.3 months in July from 3.1 months for June. Back into a buyers’ market for the 34997 zip code area of Stuart condos. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
The July 2015 numbers were: 38 active listings, 12 pending sales and 10 closed sales. Considerably greater inventory this year yet only similar sales figures.
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
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