Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2014
For March 2013 in the 34990 Zip Code area of Palm City Florida :
There are currently 446 active listings (Increase of 6 homes from March)
166 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month)
82 Homes Sold in March (Increased by 34 home from March)
Wow! After two slow months to start the 2014 market, the Palm City home market (zip code 34990) improved in March and then went off the charts nearly doubling the number of closed sales for April. Pending sales had a small decrease, but this is after a large increase last month. Inventory increased slightly.
The current absorption rate plunged to 5.4 months from 9.1 months in March, putting the Palm City residential real estate market back into a sellers market. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The April 2012 numbers were: 382 active listings, 186 pending sales and 76 closed sales. Better closed sales this year, though when the inventory rise is factores in, the activity was better last year..
Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Palm City, FL Real Estate
Rental Properties
Residential Properties
- Residential Properties for Sale in Palm City, Florida Between $0 – $500,000
- Residential Properties for Sale in Palm City, Florida Between $500,000 – $1,000,000
- Residential Properties for Sale in Palm City, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Palm City, Florida Between $1,500,000 – $2,000,000
- Residential Properties for Sale in Palm City, Florida Between $2,000,000 – $2,500,000
- Residential Properties for Sale in Palm City, Florida Between $2,500,000 – $3,000,000
- Residential Properties for Sale in Palm City, Florida Between $3,000,000 – $3,500,000
- Residential Properties for Sale in Palm City, Florida Between $4,000,000 – $4,500,000
Condominium Properties
Vacant Land Properties
Commercial Properties
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