For January 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 474 active listings (Decreased by 4 homes from December)

161 Residential sales are pending and awaiting close or lender approval. (An increase of 47 homes from last month)

32 Homes Sold in January (Decreased 25 homes from December)

     For the Palm City, zip code 34990, area of Martin County Florida, it was an exceptionally strong month for contracts written, reflected in the big jump in pending sales. Unfortunately, sales were off by 25 homes, but this number should be much better in the coming months as the pending sales close.

     Comparing these numbers to January of 2010, when there were 584 active listings, 136 pending sales, and 29 homes sold, showing better numbers with a significant decrease in inventory.  The Palm City real estate market continues to show improvement.