Stuart FL 34996 Condo Market Report May 2017

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Stuart FL 34996 Condo Market Report May 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2017

For May 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 137 active condo listings (Decreased by 11 condos from last month).

Stuart FL 34996 Condo Market Report May 2017

36 Condo sales are pending and awaiting close or lender approval (Increased by 1 condos from April).

Stuart FL 34996 Condo Market Report May 2017

30 Condos Sold in May (Down by 10 condos from April) 

Stuart FL 34996 Condo Market Report May 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for May.  The inventory decreased while there was little change in pending sales as closed sales were down from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.6 months from April’s 3.7 months.  Remaining as a 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 2016 were: 120 active listings, 40 pending sales and 32 closed sales.  Slightly weaker activity this year when compared to last year.

Stuart FL 34996 Condo Market Report May 2017

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report May 2017

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Stuart
Groups:
All Things Florida
City and State
Market Reports
Advice for Sellers
Advice for Buyers
Tags:
condo
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stuart fl
34996

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Ambassador
3,984,754
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Condos are still selling, Gabe, I remember when Stuart was a little depressed. Have good week ahead.

Jun 26, 2017 07:02 PM #1
Rainmaker
4,432,589
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing.

Jun 27, 2017 03:01 AM #2
Rainmaker
5,689,632
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your local real estate market reports.

Jun 27, 2017 04:55 AM #3
Rainmaker
4,798,182
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my website at: http://www.gabesanders.com/market-stats

Jul 08, 2017 07:21 AM #4
Rainmaker
4,798,182
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For those interested, here’s a link for more information about Stuart FL real estate.

Jul 08, 2017 07:22 AM #5
Rainmaker
4,798,182
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments; it’s always good to hear from you.

Jul 08, 2017 07:22 AM #6
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Gabe Sanders

Stuart Florida Real Estate
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