Stuart FL 34994 Condo Market Report June 2016
Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for June 2016
There are currently 76 active condo listings (Down by 7 condos from May).
30 Condo sales are pending and awaiting close or lender approval. (Decreased by 13 condos from last month)
27 Condos Sold in June (Up by 9 condos from May).
The Stuart FL 34994 Condo market had a very strong sales month for June of 2016. Pending sales are off slightly, but this is still an active market.
The absorption rate for June dropped to 2.8 months compared to last month's 4.6. An extreme sellers' market for the condo segment of Stuart's 34994 zip code area. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.
Last June the numbers were 83 active listings, 34 pending sales, and 23 closed sales. Slightly better closed volume for 2016 with a lower amount of inventory
Search for Stuart FL Condos by Price Below:
- 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: the Gabe Sanders real estate team
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