Palm City FL 34990 Residential Market Report June 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2019

For June 2019 in the 34990 Zip Code area of Palm City Florida :

There are currently 390 active listings (Down by 10 homes from May)

116 Residential sales are pending (Down by 16 homes from last month)

86 Homes Sold in September (Down by 24 homes from May)

The Palm City FL, zip code 34990 residential real estate market had a slower June in both closed and pending sales activity, but remains a very active market.

The monthly absorption rate rose to 4.5 months from 3.6 months in May. Remaining in a seller’s market for the Palm City zip code 34990 area, though not as extreme as last month. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The June 2018 numbers were: 333 active listings, 150 pending sales, and 111 closed sales. Better sales and pending sales volume last year with a smaller inventory of available homes for sale.

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Palm City FL 34990 Residential Market Report June 2019

Palm City FL 34990 Residential Market Report June 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2019

For June 2019 in the 34990 Zip Code area of Palm City Florida :