Stuart FL 34997 Condo Market Report April 2016
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2016
For April 2016 in the 34997 Zip Code area of Stuart, Florida :
There are currently 71 active condo listings (Down by 4 condos from March).
39 Condo sales are pending and awaiting close or lender approval Up by 1 condos from March).
16 Condos Sold in April (Decreased by 5 condos from March).
The Stuart FL condo market for zip code 34997 for April had fewer sales than the previous month while also continuing a reduction in inventory, while pending sales remained moderate.
The one month absorption rate jumped to 4.4 months from 3.6 months for March. Still a sellers market though drifting towards more of a balanced market. 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 2015 numbers were: 43 active listings, 30 pending sales and 18 closed sales. One of the few segments of the Martin County real estate market with a higher inventory this year as compared to last. Consequently we should have better sales volume, but alas, it was stronger last year.
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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