Stuart FL 34996 Condo Market Report May 2019

Stuart FL 34996 Condo Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2019

For May 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 129 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report May 2019

47 Condo sales are pending and awaiting close or lender approval (Down by 11 condos from April).

Stuart FL 34996 Condo Market Report May 2019

31 Condos Sold in May (Down by 14 condos from April) 

Stuart FL 34996 Condo Market Report May 2019

The Stuart FL 34996 Condo Market of Stuart returned to a bit more sustainable activity levels for May after an exceptionally strong April.  This condo market remains very active and healthy.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.2 months from April’s 2.8 months. Still a strong seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for May 2018 were: 118 active listings, 46 pending sales, and 40 closed sales.  Better closed sales last year, otherwise pretty similar results.

Stuart FL 34996 Condo Market Report May 2019

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report May 2019

Stuart FL 34996 Residential Market Report May 2019

Stuart FL 34996 Residential Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2019

For May 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 152 active listings (Decreased by 1 home from April).

Stuart FL 34996 Residential Market Report May 2019 

23 Residential sales are pending and awaiting close (Down by 10 homes from April).

Stuart FL 34996 Residential Market Report May 2019

27 Homes Sold in May (Down by 9 homes from April).

Stuart FL 34996 Residential Market Report May 2019

The 34996 zip code area of the Stuart Florida showed weaker activity when compared to the past two months, but remains strong.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May plunged to 5.6 months as compared to the 4.3 months for last month.  We appear to be heading back towards a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for May 2018 were: 115 active listings, 41 pending sales, and 20 closed sales.  A greater number of closed sales this year, but considerably weaker pending sales.  All of this with a much larger inventory of available homes for sale this year.

Stuart FL 34996 Residential Market Report May 2019

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Search here for homes for sale in the 34996 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report May 2019

Stuart FL 34996 Condo Market Report April 2019

Stuart FL 34996 Condo Market Report April 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2019

For April 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 124 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report April 2019

58 Condo sales are pending and awaiting close or lender approval (Up by 8 condos from March).

Stuart FL 34996 Condo Market Report April 2019

45 Condos Sold in April (Up by 21 condos from March) 

Stuart FL 34996 Condo Market Report April 2019

The Stuart FL 34996 Condo Market of Stuart had a very strong month for closed sales in April.  Pending sales also remained strong and improved from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 2.8 months from March’s 5.5 months. Moving to a pretty extreme seller’s 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 April 2018 were: 125 active listings, 59 pending sales, and 39 closed sales.  Stronger performance this year with an almost identical inventory of available condos.

Stuart FL 34996 Condo Market Report April 2019

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Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report April 2019

Stuart FL 34996 Residential Market Report April 2019

Stuart FL 34996 Residential Market Report April 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2019

For April 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 153 active listings (Decreased by 10 homes from March).

Stuart FL 34996 Residential Market Report April 2019 

33 Residential sales are pending and awaiting close (Down by 16 homes from March).

Stuart FL 34996 Residential Market Report April 2019

36 Homes Sold in April (Up by 18 homes from March).

Stuart FL 34996 Residential Market Report April 2019

The 34996 zip code area of the Stuart Florida doubled the volume of closed sales from last month while decreasing the number of pending sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for April plunged to 4.3 months as compared to the 9.1 months for last month.  Transitioning back to a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for April 2018 were: 128 active listings, 46 pending sales, and 28 closed sales.  A stronger volume of closed sales this year.  Though pending sales are weaker, this is also with a considerably greater number of available homes for sale (inventory).

Stuart FL 34996 Residential Market Report April 2019

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Search here for homes for sale in the 34996 zip code area of Stuart FL

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Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report April 2019

Stuart FL 34996 Condo Market Report March 2019

Stuart FL 34996 Condo Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2019

For March 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 131 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report March 2019

50 Condo sales are pending and awaiting close or lender approval (Down by 1 condo from February).

Stuart FL 34996 Condo Market Report March 2019

24 Condos Sold in March (Up by 8 condos from February) 

Stuart FL 34996 Condo Market Report March 2019

The Stuart FL 34996 Condo Market of Stuart had stronger activity than last month bringing this segment back into a seller’s market.  Though still not as strong as it was last year, but quite active none the less.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 5.5 months from February’s 8.6 months. Transitioning back into a seller’s market for this segment of Martin County condos after a number of months in a buyer’s market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2018 were: 139 active listings, 55 pending sales, and 29 closed sales.  Better activity last year for condo sales in the 34996 zip code of Stuart FL.

Stuart FL 34996 Condo Market Report March 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2019