For November 2013 in the 34990 Zip Code area of Palm City Florida :

There are currently 415 active listings (A decrease of 1 home from October)

 

149 Residential sales are pending and awaiting close or lender approval. (Increased by 5 homes from last month)

52 Homes Sold in November (Decreased by 2 homes from October)

 

A second month of strong results (in the off season) for the Palm City, zip code 34990, area of Martin County Florida   Continues strong pending and sales activity.  The inventory remained stable after two months of increases.

 

The current absorption rate rose slightly to to 8 months from 7.7 months in October, a slight buyer’s market.  A slight buyers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  I don’t expect a buyers market to last, as I think sales will be picking up soon in Palm City once again.

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:

 

Palm City, FL Real Estate

Rental Properties

• Rental Properties for Rent in Palm City, Florida Between $0 – $500,000

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

Condominium Properties

• Condominium Properties for Sale in Palm City, Florida Between $0 – $500,000
• Condominium Properties for Sale in Palm City, Florida Between $500,000 – $1,000,000

Vacant Land Properties

• Vacant Land Properties for Sale in Palm City, Florida Between $0 – $500,000
• Vacant Land Properties for Sale in Palm City, Florida Between $500,000 – $1,000,000
• Vacant Land Properties for Sale in Palm City, Florida Between $1,000,000 – $1,500,000

Commercial Properties

• Commercial Properties for Sale in Palm City, Florida Between $0 – $1,500,000