Palm City FL 34990 Condo Market Report November 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2017

For November 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 85 active condo listings. (Increased by 10 condos from October)

  

14 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)

4 Condos Sold in November. (Up by 2 condos from July)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For November the market activity increased from last month in all categories for Palm City condos.

online pharmacy prograf online with best prices today in the USA

The current absorption rate for condos in the 34990 zip code area dropped to 21.25 months (was 37.5 months in July).  Now in an extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months. (A good percentage of the difficult buyer’s market is a result of two equity golf club communities which are having some difficulty with the volume of sales.)

The November 2016 numbers were: 80 active listings, 11 pending sales and 3 closed sales.   Slightly better activity for this year when compard to November of 2016.

Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search Palm City FL Condos Here