Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for August 2011

For August 2011 in the 34990 Zip Code area of Palm City, Florida :
(Due to technical difficulties the July Market Snapshot data was unavailable)

There are currently 52 active condo listings. (Down 4 from June)

5 Condo sales are pending and awaiting close or lender approval. (Down 2 from last June)

4 Condos Sold in August. (An increase of 1 condo from June)

The condo market for zip code 34990 in Palm City showed small positive results for the month of August. This is unexpected as the condo market tends to be more seasonal in nature and typically slows down until the beginning of the Florida vacation season, which is usually around and after the holidays.  As long as we don’t have a flood of seasonal listings come on the market this fall, this should bode well for sales this coming season (assuming we don’t have continued terrible economic news as well).

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for June 2011

For June 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 56 active condo listings. (Down 2 from May)

7 Condo sales are pending and awaiting close or lender approval. (Down 3 from last month)

3 Condos Sold in June. (An increase of 1 condo from May)

The real estate market activity for condos in Palm City, Florida – zip code 34990 did not change much from last month.  Pending sales decreased slightly, while closed sales were up by 1 unit.  The inventory continues to decline.  Typically condo sales for the Treasure Coast of Florida decline during the summer months and we usually see an increase in activity during the start of the next season around November and December.  The current inventory is fairly low and well-priced attractive units in desirable locations tend to get increased activity even in the off-season.

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for May 2011

For May 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 58 active condo listings. (down 4 from April)

10 Condo sales are pending and awaiting close or lender approval. (up 1 from last month)

2 Condos Sold in May. (down 2 from April)

Sales were off by 50% for May for condos in Palm City, Florida – zip code 34990.  Pending sales remain fairly strong as well as another decrease in inventory.  No definite trend emerging but overall, not too bad of a market.

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for April 2011

For April 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 62 active condo listings. (down 3 from March)

9 Condo sales are pending and awaiting close or lender approval. (up 2 from last month)

4 Condos Sold in April. (down 1 from March)

Mixed results for the Palm City Florida condo market snapshot – zip code 34990. Basically unchanged from last month, with sales off by 1 unit, pending sales slightly up and a welcome continuation of the reduction of inventory.  As the inventory declines, the result is less of a supply of available condos which will result in an increase in demand.

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for March 2011

For March 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 65 active condo listings. (down 6 from February)

7 Condo sales are pending and awaiting close or lender approval. (down 2 from last month)

5 Condos Sold in March. (up 2 from February)

Improvements in all areas except for pending sales from the previous month for Palm City Florida condo market snapshot – zip code 34990

Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for February 2011

For February 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 71 active condo listings. (down 5 from January)

9 Condo sales are pending and awaiting close or lender approval. (up 1 from last month)

3 Condos Sold in February. (up 1 from January)

While small, these are all improvements from the previous month for Palm City Florida – zip code 34990

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Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for January 2011

For January 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 76 active condo listings.

8 Condo sales are pending and awaiting close or lender approval.

2 Condos Sold in January.

Search here for Palm City Florida Real Estate for Sale ( Condos)