Palm City FL 34990 Residential Market Report December 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2018

For December 2018 in the 34990 Zip Code area of Palm City Florida :

There are currently 349 active listings (Down by 7 homes from November)

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

57 Homes Sold in September (Down by 9 homes from November)

The Palm City FL, zip code 34990 residential real estate market showed reduced activity for December from the previous month and has transitioned into a balanced market.

The monthly absorption rate increased to 6.1 months from 5.4 months in November. Transitioning into a balanced market for the Palm City zip code 34990 area for residential sales for the first time in quite a while of being in a seller’s market. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2017 numbers were: 381 active listings, 96 pending sales, and 66 closed sales. Slighltless volume of sales and pending sales this year but this is on a significantly lower inventory of available homes for sale.

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

Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report December 2018

Copperleaf January 2019 Real Estate Market Report

01.07.19 by Gabe Sanders

Copperleaf January 2019 Real Estate Market Report

There are currently 3 homes listed in Copperleaf in Palm City, Florida. List prices are from $429,900 up to $1,067,800 for an average list price of $665,867 which equals $212.07 per square foot of living area.

There are 6 homes under contract awaiting closing. The list prices were $350,000 and $875,000 which averages to a $556,833 list price and $210.62 per square foot of living area. These homes averaged 52 days on market before going under contract.

In the past 12 months, 17 homes have sold in Copperleaf with an average sales price of $493,553 or $174.76 per square foot of living area and at 96% list to sales price ratio. The lowest sales price was $392,500 while the highest was $825,000. These homes went under contract in an average of 55 days.

About Copperleaf in Palm City FL:

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing, there are 123 homes in Copperleaf. Though, construction continues with room for considerably more homes.

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Copperleaf offers is a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

Copperleaf in Palm City FL

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Copperleaf in Palm City FL

Currently, these homes are available for sale in Copperleaf Palm City

For any questions you may have about Copperleaf in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

Copperleaf January 2019 Real Estate Market Report

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Copperleaf January 2019 Real Estate Market Report

Palm City FL 34990 Condo Market Report November 2018

12.26.18 by Gabe Sanders

Palm City FL 34990 Condo Market Report November 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2018

For November 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 89 active condo listings. (Increased by 9 condos from October)

1 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

2 Condos Sold in November. (Down by 5 condos from October)

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market. Very slow market activity for November. The sales activity in this market is skewed by two tough condo communities with high equity and association fees that make this market quite challenging.

The current absorption rate for condos in the 34990 zip code area rocketed up to 44.5 months (was 111.4 months in November). An extreme buyer’s market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The November 2017 numbers were: 85 active listings, 14 pending sales, and 4 closed sales. Better activity last year.

Palm City FL 34990 Condo Market Report November 2018

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Search Palm City FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report November 2018

Palm City FL 34990 Residential Market Report November 2018

12.25.18 by Gabe Sanders

Palm City FL 34990 Residential Market Report November 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2018

For November 2018 in the 34990 Zip Code area of Palm City Florida :

There are currently 356 active listings (Down by 1 home from September)

99 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from last month)

66 Homes Sold in September (Up by 7 homes from September)

The Palm City FL, zip code 34990 residential real estate market remains active with greater closed activity this month and a little lower pending activity.

The monthly absorption rate dropped to 5.4 months from 4.9 months in September. Remaining in a sellers market for the Palm City zip code 34990 area for residential sales but drifting towards a balanced market. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2017 numbers were: 366 active listings, 101 pending sales, and 64 closed sales. Very similar activity as compared to last year.

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation