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

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

For August 2011 in the 34990 Zip Code area of Palm City, Florida :
(Due to technical difficulties the July Market Snapshot data was unavailable)

There are currently 52 active condo listings. (Down 4 from June)

5 Condo sales are pending and awaiting close or lender approval. (Down 2 from last June)

4 Condos Sold in August. (An increase of 1 condo from June)

The condo market for zip code 34990 in Palm City showed small positive results for the month of August. This is unexpected as the condo market tends to be more seasonal in nature and typically slows down until the beginning of the Florida vacation season, which is usually around and after the holidays.  As long as we don’t have a flood of seasonal listings come on the market this fall, this should bode well for sales this coming season (assuming we don’t have continued terrible economic news as well).