Palm City Florida Market Report ZIP Code 34990 – Residential, December 2012
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2012
For December 2012 in the 34990 Zip Code area of Palm City Florida :
There are currently 398 active listings (A decrease of 6 homes from November)
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129 Residential sales are pending and awaiting close or lender approval. (A decrease of 7 homes from last month)
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45 Homes Sold in December (Decreased by 11 homes from November)
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The current absorption rate stands at 8.8 months. This rate still signifies a buyer’s market. A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The December 2011 numbers were: 478 active listings, 114 pending sales and 57 closed sales. We are seeing the signs of a reduced inventory for the end of 2012 with a decreased number of closed sales.
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Palm City, FL Real Estate
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- 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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