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

For August 2011 in the 34990 Zip Code area of Palm City Florida :
(August data is compared to June since there was a problem compiling July data)

There are currently 466 active listings (A decrease of 37 homes from June)

139 Residential sales are pending and awaiting close or lender approval. (Up 7 from last June)

42 Homes Sold in August (Down 14 homes from June and up 2 from the 40 homes sold in July)

While sales for the Palm City (zip code 34990) real estate market activity were off marginally from June, all other indicators are positive for Palm City.  Inventory continues to shrink and quality homes well positioned on the market move at a good pace.  It should be a very interesting fall and winter season should there be some positive economic news, both locally and nationally.