Stuart FL 34997 Condo Market Report April 2018

By
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 April 2018

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

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

There are currently 57 active condo listings (Up by 1 condos from March).

Stuart FL 34997 Condo Market Report April 2018

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

Stuart FL 34997 Condo Market Report April 2018

9 Condos Sold in April (Decreased by 11 condos from March).

Stuart FL 34997 Condo Market Report April 2018

      The Stuart FL condo market for zip code 34997 showed slower activity for April after a red-hot March.  Pending sales are off by quite a lot as were the closed sales.  In great need of more condos available for sale in this area of Stuart FL.

     The absorption rate jumped to 6.3 months in April compared to 2.4 months for March.  Back into a balanced 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 April 2017 numbers were: 70 active listings, 44 pending sales, and 5 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale.  The pending numbers are not as good.

Stuart FL 34997 Condo Market Report April 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report April 2018

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
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:
market report
stuart fl

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
721,250
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good day 

Thank you for sharing your information with us

Have a great day.

May 24, 2018 02:42 PM #1
Rainmaker
4,801,335
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

May 25, 2018 04:07 AM #2
Rainmaker
2,967,329
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Gabe- - -whether it be a condo or a single family home, you know the answers in helping people buy/sell in Stuart, FL.

May 25, 2018 07:02 AM #3
Rainmaker
4,471,161
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 humor.

Jun 07, 2018 06:21 AM #4
Rainmaker
4,471,161
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.

Jun 07, 2018 06:21 AM #5
Rainmaker
4,471,161
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.

Jun 07, 2018 06:21 AM #6
Rainmaker
4,471,161
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

Jun 07, 2018 06:21 AM #7
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,471,161

Gabe Sanders

Stuart Florida Real Estate
Ask me about Stuart FL real estate
*
*
*
*
Spam prevention

Additional Information