Stuart FL 34997 Condo Market Report March 2018

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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 34997 Condo Market Report March 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2018

For March 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 56 active condo listings (Up by 2 condos from February).

Stuart FL 34997 Condo Market Report March 2018

23 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from February).

Stuart FL 34997 Condo Market Report March 2018

22 Condos Sold in March (Increased by 5 condos from February).

Stuart FL 34997 Condo Market Report March 2018

      The Stuart FL condo market for zip code 34997 has a very low inventory of available condos for sale yet is showing strong activity with what is available.

     The absorption rate dropped to 2.4 months in March compared to 3.2 months for February.  Back into a strong sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 
 The March 2017 numbers were: 75 active listings, 44 pending sales, and 18 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale..

Stuart FL 34997 Condo Market Report March 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report March 2018

 

 

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Stuart
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
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Rainmaker
4,177,533
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 

Apr 28, 2018 03:11 AM #1
Rainmaker
2,966,541
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Gabe - these market reports by city/zip code/housing type provide an easy at- a-glance review of your market. Very effective but not as good as meeting with you. 

Apr 28, 2018 05:17 AM #2
Rainmaker
4,799,995
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

Apr 28, 2018 08:51 AM #3
Ambassador
3,861,213
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Gabe, Thanks for sharing your market with us. Have a good week.

Apr 29, 2018 08:41 PM #4
Rainmaker
4,469,276
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

May 08, 2018 08:49 AM #5
Rainmaker
4,469,276
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Martin County FL real estate.

May 08, 2018 08:50 AM #6
Rainmaker
4,469,276
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.

May 08, 2018 08:50 AM #7
Rainmaker
4,469,276
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my post.

May 08, 2018 08:50 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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