Palm City Florida Market Report ZIP Code 34990 – Residential, August 2012
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2012
For August 2012 in the 34990 Zip Code area of Palm City Florida :
There are currently 400 active listings (A decrease of 16 homes from July)
[singlepic id=2655 w=600 h=600 float=center]
[singlepic id=2656 w=600 h=600 float=center]
161 Residential sales are pending and awaiting close or lender approval. (A decrease of 8 homes from last month)
[singlepic id=2657 w=600 h=600 float=center]
68 Homes Sold in August (Increased 5 homes from July)
[singlepic id=2658 w=600 h=600 float=center]
[singlepic id=2659 w=600 h=600 float=center]
[singlepic id=2660 w=600 h=600 float=center]
[singlepic id=2661 w=600 h=600 float=center]
The current absorption rate is 5.8 months, which is considered to be a balanced market, but sliding towards a sellers market. A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The August 2011 numbers were: 466 active listings, 139 pending sales and 42 closed sales. Considerably improved market activity for August 2012, especially when the lower inventory is factored into the results.
Search here for Palm City Florida Real Estate for Sale
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
Leave a Reply