Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for April 2011

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for April 2011

For April 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 62 active condo listings. (down 3 from March)

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

4 Condos Sold in April. (down 1 from March)

Mixed results for the Palm City Florida condo market snapshot – zip code 34990. Basically unchanged from last month, with sales off by 1 unit, pending sales slightly up and a welcome continuation of the reduction of inventory.  As the inventory declines, the result is less of a supply of available condos which will result in an increase in demand.