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

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

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

There are currently 524 active listings (down 31 from March)

151 Residential sales are pending and awaiting close or lender approval. (Up 6 from last month)

59 Homes Sold in April (up 6 for March)

For the second month in a row, strong positive movement in all categories in Palm City, Florida real estate (zip code 34990).  As with other areas in Martin County, inventory continues to decline which will decrease the supply.  At some point, if this trend continues demand for homes will become strong enough to result in some price increases in our area.