Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2013
For April 2013 in the 34990 Zip Code area of Palm City Florida :
There are currently 382 active listings (A decrease of 16 homes from March)
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186 Residential sales are pending and awaiting close or lender approval. (An increase of 6 homes from last month)
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76 Homes Sold in April (Increased by 8 homes from March)
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The current absorption rate stands at 5 months. The Palm City residential real estate market has slipped into a sellers market. A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The April 2012 numbers were: 462 active listings, 228 pending sales and 49 closed sales. Our closed sales for this year remain considerably better than last year. This is especially noteworthy with the reduced amount of available homes for sale. Pending sales are lower this year and the inventory may very well be one of the factors for this lower number.
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Palm City, FL Real Estate
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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
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