Stuart FL 34996 Condo Market Report October 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 34996 Condo Market Report October 2018

STUART REAL ESTATE Snapshot for ZIP Code 34996, Condo Sales for October 2018

For October 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 127 active condo listings (Up by 27 condos from last month).

Stuart FL 34996 Condo Market Report October 2018

22 Condo sales are pending and awaiting close or lender approval (Down by 8 condos from September).

Stuart FL 34996 Condo Market Report October 2018

19 Condos Sold in October (Down by 3 condos from September) 

Stuart FL 34996 Condo Market Report October 2018

The Stuart FL 34996 Condo Market of Stuart showed a good increase in inventory of available condos for sale.  Unfortunately. both pending and closed sales were down for October.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 6.7 months from September’s 4.5 months. Transitioning back into a balanced 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 October 2017 were: 130 active listings, 24 pending sales, and 22 closed sales.  Slightly better activity last year.

Stuart FL 34996 Condo Market Report October 2018

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report October 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
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Rainmaker
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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 

Dec 07, 2018 02:36 AM #1
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local market reports.

Dec 07, 2018 11:12 AM #2
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Gabe Sanders

Stuart Florida Real Estate
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