Palm City FL 34990 Residential Market Report May 2016
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for May 2016
For May 2016 in the 34990 Zip Code area of Palm City Florida :
There are currently 377 active listings (Increased by 12 homes from April)
162 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from last month)
84 Homes Sold in April (No change in sold homes from April)
The Palm City FL, zip code 34990 residential real estate market activity continues to be quite active. Good to see the inventory increase, even if it’s only by two homes. Unfortunately, pending sales were off compared to last months activity.
The monthly absorption rate decreased to to 4.5 months from 4.7 months in April. Continuing as a sellers market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The May 2015 numbers were: 361 active listings, 204 pending sales and 100 closed sales. Considerably better activity last year for the Palm City residential real estate market.
Search here for Palm City Florida Real Estate for Sale
Rental Properties
Residential Properties
All Palm City Residential Properties for Sale
Vacant Land Properties
- Vacant Land Properties for Sale in Palm City, Florida Between $0 – $100,000
- Vacant Land Properties for Sale in Palm City, Florida Between $100,000 – $200,000
- Vacant Land Properties for Sale in Palm City, Florida Between $200,000 – $300,000
- Vacant Land Properties for Sale in Palm City, Florida Between $300,000 – $400,000
- Vacant Land Properties for Sale in Palm City, Florida Between $400,000 – $500,000
- Vacant Land Properties for Sale in Palm City, Florida Between $500,000 – $600,000
- Vacant Land Properties for Sale in Palm City, Florida Between $1,200,000 – $1,300,000
Commercial Properties
Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Leave a Reply