Palm City FL 34990 Residential Market Report September 2015
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2015
For September 2015 in the 34990 Zip Code area of Palm City Florida :
There are currently 365 active listings (Increased by 10 homes from August)
155 Residential sales are pending and awaiting close or lender approval. (Decreased by 1 homes from last month)
60 Homes Sold in August (Decreased by 14 sold homes from August)
After a very strong August, the Palm City FL 34990 residential real estate market continues to show excellent sales activity. Also nice to see an increase in inventory for this month. This could be a result of the continuing fairly strong gains in prices in the past two years.
The current absorption rate increased slightly to to 6 months from 4.8 months in August. Into a balanced market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The September 2014 numbers were: 433 active listings, 120 pending sales and 70 closed sales. Better closed numbers last year, but even with the reduced inventory there is a greater number of pending sales for this year.
Search here for Palm City Florida Real Estate for Sale
Rental Properties
Residential Properties
All Palm City Residential Properties for Sale
Vacant Land Properties
- Vacant Land Properties for Sale in Palm City, Florida Between $0 – $100,000
- Vacant Land Properties for Sale in Palm City, Florida Between $100,000 – $200,000
- Vacant Land Properties for Sale in Palm City, Florida Between $200,000 – $300,000
- Vacant Land Properties for Sale in Palm City, Florida Between $300,000 – $400,000
- Vacant Land Properties for Sale in Palm City, Florida Between $400,000 – $500,000
- Vacant Land Properties for Sale in Palm City, Florida Between $500,000 – $600,000
- Vacant Land Properties for Sale in Palm City, Florida Between $1,200,000 – $1,300,000
Commercial Properties
Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Leave a Reply