Palm City Florida Market Report ZIP Code 34990 – Condo, July 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, July 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2012

For July 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 62 active condo listings. (A decrease of 4 condos from June)

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7 Condo sales are pending and awaiting close or lender approval. (Up 2 from last month)

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1 Condos Sold in July. (Down 2 from June)

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The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  For July, closed sales were only 1, and this particular condo sold at an extremely discounted price.  It is located in Pipers landing, so there were a number of other fees entailed in the purchase of this unit.  However pending sales increased to 7 condos and the inventory once again declined.

 

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Palm City Florida Market Report ZIP Code 34990 – Condo, July 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, July 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, July 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2012

 

For July 2012 in the 34990 Zip Code area of Palm City Florida :


There are currently 416 active listings (A decrease of 25 homes from June)

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169 Residential sales are pending and awaiting close or lender approval. (A decrease of 20 homes from last month)

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63 Homes Sold in July (Decreased 7 homes from June)

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For the Palm City, zip code 34990, area of Martin County Florida activity remained strong for July after a super spring.  Both closed and pending sales declined slightly for this month.  The inventory of available homes for sale also declined again, now at levels approaching those during the height of the real estate boom in the mid 2000’s.  Still good numbers and market activity remains active, more so than the past few years.

The current absorption rate is 6.6 months, which is considered to be a balanced market that doesn’t favor either sellers or buyers.

 

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Palm City Florida Market Report ZIP Code 34990 – Residential, July 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, July 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, July 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2012

 

For July 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 100 active condo listings (A decrease of 9 condo form June).

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28 Condo sales are pending and awaiting close or lender approval (Up 2 condos from June).

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13 Condos Sold in July (An increase of 3 condos from June).

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Bucking the trend for the other condo markets in Martin County, the Stuart condo market for the area in ZIP code 34997 had excellent numbers for July of 2012.  Inventory is now down to only 100 units while both pending and closed sales rose.

The one month absorption rate is at 7.7 months.  Still a slight buyers market, as a six moth absorption rate typically signifies a balanced market favoring neither the seller or buyer.

 

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2012

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, July 2012

Stuart Florida Market Report ZIP Code 34997 – Residential, July 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2012

 

There are currently 330 active listings (A decrease of 26 homes from June).

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222 Residential sales are pending and awaiting close or lender approval (An increase of 18 homes from June).

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50 Homes Sold in June (Down 28 homes from June)

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More strong results from the 34997 zip code area of Stuart Florida. This segment of the Martin County real estate market continues to outperform other areas of Martin County.  While closed sales were off for July, their remains a very strong number of pending sales, of which many are short sales and should eventually close in the not so distant future.  The inventory continues to decline in the 34997 zip code of Stuart, Florida and is getting close to levels not seen since the height of the boom market in the mid 2000’s.
 
 
The current one month absorption rate is 6.6 months.  This is considered to be a balanced market, favoring neither the seller or buyer.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, July 2012

Holly Creek Homes and Town Homes in Jensen Beach

Holly Creek Homes and Town Homes in Jensen Beach

As of August 18, there is only one town home for sale in Holly Creek
Two town homes are currently under contract awaiting close, one is a short sale.
In the past 12 months, 12 homes and town homes have sold in Holly Creek.
Holly Creek sales

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

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Holly Creek Homes and Town Homes in Jensen Beach