Palm City Florida Market Report ZIP Code 34990 – Residential, October 2012
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2012
For October 2012 in the 34990 Zip Code area of Palm City Florida :
There are currently 420 active listings (An increase of 18 homes from September)
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150 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month)
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49 Homes Sold in October (Increased by 16 homes from September)
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The current absorption rate stands at 8.6 months. Considerably better than last month’s over 1 year absorption rate. 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. Much of these numbers are a reflection of the slower activity which is typical for our area in the summer months.
The October 2011 numbers were: 468 active listings, 138 pending sales and 41 closed sales. Better than last October, especially when factoring in the lower inventory for this year.
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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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