Stuart FL 34996 Condo Market Report June 2018

Stuart FL 34996 Condo Market Report June 2018

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

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

There are currently 106 active condo listings (Down by 12 condos from last month).

Stuart FL 34996 Condo Market Report June 2018

38 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from May).

Stuart FL 34996 Condo Market Report June 2018

29 Condos Sold in June (Down by 11 condos from May) 

Stuart FL 34996 Condo Market Report June 2018

The Stuart FL 34996 Condo Market of Stuart remains a very active market.  Sales and pending sales were off from last month and the inventory continues to decline.  Hopefully, this is just a seasonal slow down which is typical for condos in our area.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.7 months from May’s 3.0 months.  Still in a strong 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 June 2017 were: 132 active listings, 40 pending sales, and 26 closed sales.  Very similar activity as compared to last year with a significantly lower number of available condos for sale (inventory).

Stuart FL 34996 Condo Market Report June 2018

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 Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report June 2018

Stuart FL 34996 Residential Market Report June 2018

Stuart FL 34996 Residential Market Report June 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2018

For June 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 105 active listings (Decreased by 10 homes from May).

Stuart FL 34996 Residential Market Report June 2018

34 Residential sales are pending and awaiting close or lender approval (Down by 7 homes from May).

Stuart FL 34996 Residential Market Report June 2018

26 Homes Sold in June (Up by 6 homes from May).

Stuart FL 34996 Residential Market Report June 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active market.  Sales were up from last month but both the inventory of available homes for sale and pending sales were off for June.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June dipped to 4.0 months as compared to May’s 5.8 months.  Drifting back into a strong seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for June 2017 were: 138 active listings, 55 pending sales, and 41 closed sales.  Better activity last June with a greater inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2018

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 real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report June 2018

Stuart FL 34996 Condo Market Report May 2018

Stuart FL 34996 Condo Market Report May 2018

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

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

There are currently 118 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report May 2018

46 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from April).

Stuart FL 34996 Condo Market Report May 2018

40 Condos Sold in May (Up by 1 condos from April) 

Stuart FL 34996 Condo Market Report May 2018

The Stuart FL 34996 Condo Market of Stuart continues with strong sales and pending activity.  Pending numbers were off from last month which is not unexpected as we dip into lower inventory levels.  This should effect future sales volume for the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.0 months from April’s 3.2 months.  Still in a very strong 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 May 2017 were: 137 active listings, 36 pending sales, and 30 closed sales.  There is better pending and sales activity this year with a significantly lower inventory of available condos for sale.  Very impressive results this month.

Stuart FL 34996 Condo Market Report May 2018

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 Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report May 2018

Stuart FL 34996 Residential Market Report May 2018

Stuart FL 34996 Residential Market Report May 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2018

For May 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 115 active listings (Decreased by 13 homes from April).

Stuart FL 34996 Residential Market Report May 2018

41 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from April).

Stuart FL 34996 Residential Market Report May 2018

20 Homes Sold in May (Down by 8 homes from April).

Stuart FL 34996 Residential Market Report May 2018

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active but with weaker activity than last month.  The inventory of available homes for sale is becoming an issue and may continue to affect the volume of sales in the near future.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May rose to 5.8 months as compared to April’s 4.6 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into a balanced market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for May 2017 were: 148 active listings, 64 pending sales, and 26 closed sales.  There was considerably stronger activity last year but with a much greater number of available homes for sale.

Stuart FL 34996 Residential Market Report May 2018

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 real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report May 2018

Stuart FL 34996 Condo Market Report April 2018

Stuart FL 34996 Condo Market Report April 2018

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

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

There are currently 125 active condo listings (Down by 14 condos from last month).

Stuart FL 34996 Condo Market Report April 2018

59 Condo sales are pending and awaiting close or lender approval (Up by 4 condos from March).

Stuart FL 34996 Condo Market Report April 2018

39 Condos Sold in April (Up by 10 condos from March) 

Stuart FL 34996 Condo Market Report April 2018

The Stuart FL 34996 Condo Market of Stuart had a very strong April with increases in closed and pending sales.  Unfortunately, the inventory dropped.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.2 months from March’s 4.8 months.  Moving to a stronger 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 April 2017 were: 148 active listings, 35 pending sales, and 40 closed sales.  Better activity last year on a slightly higher inventory.

Stuart FL 34996 Condo Market Report April 2018

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 Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report April 2018