Palm City Florida Market Report ZIP Code 34990 – Residential, November 2012
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2012
For November 2012 in the 34990 Zip Code area of Palm City Florida :
There are currently 404 active listings (A decrease of 16 homes from October)
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136 Residential sales are pending and awaiting close or lender approval. (A decrease of 14 homes from last month)
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56 Homes Sold in November (Increased by 7 homes from October)
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The current absorption rate stands at 7.2 months. Considerably better than it’s been in quite a while. This is a slight buyer’s market. A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The November 2011 numbers were: 468 active listings, 144 pending sales and 36 closed sales. Better numbers for closed sales as compared to last November, especially when factoring in the lower inventory for this year. Slightly less pending activity, though.
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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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