Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for March 2012

For March 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 66 active condo listings. (Down 5 from February)

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

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3 Condos Sold in March. (Down 2 from February)

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The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.   Most of the condos in Palm City are not as attractive to Martin County’s seasonal buyers and tend to be more attractive to a greater number of year round residents.  This segment of the market currently is treading water with small changes in all categories.
Last years numbers for the Palm City (34990 zip code area) Condo market were 65 active listings, 7 pending sales and 5 closed sales.

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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 – Condo, March 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2012

 

For March 2012 in the 34990 Zip Code area of Palm City Florida :


There are currently 476 active listings (A decrease of 6 homes from February)

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202 Residential sales are pending and awaiting close or lender approval. (An increase of 26 homes from last month)

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47 Homes Sold in March (Increased 17 homes from February)

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For the Palm City, zip code 34990, area of Martin County Florida, the strong February continued into March with a small decrease in closed sales, but still strong with 47 homes having closed.  A large jump in homes under contract to over 200 and a modest decrease in inventory.  Very strong results!

Comparing these numbers to March of 2011, when there were 555 active listings, 145 pending sales and 59 homes sold, slightly lower number of sales and a significantly higher number of pending sales which should translate to higher closed numbers in the near future.  Inventory remains about 15% lower than last year.

 

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Palm City Florida Market Report ZIP Code 34990 – Residential, March 2012

Crane Creek Country Club Homes for Sale in Martin Downs

Crane Creek Country Club Homes for Sale in Martin Downs Just Listed

1756 SW Crane Creek Circle in Martin Downs, Palm City, Florida

Crane Creek Country Club Homes for Sale in Martin Downs

A large estate home in a gated country club community with golf, tennis, and much more. This property offers complete privacy on 2.3 acres of land. Set back approximately 200 ft. from the road. This is currently a 3 bedroom, possible 4 bedroom with 3 baths. Home is in need of some repairs and is being offered as a short sale.

 

Crane Creek Country Club Homes for Sale in Martin Downs

Crane Creek Country Club Homes for Sale in Martin Downs

The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural style and choices from condominiums to estate homes. The parcels also have as much variation with maintenance free lots and large acreage lots. Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle from commuting.

Crane Creek Country Club Homes for Sale in Martin Downs

View more information about this wonderful home!

 

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Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

Crane Creek Country Club Homes for Sale in Martin Downs Just Listed

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2012

For February 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 71 active condo listings. (Up 3 from January)

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

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5 Condos Sold in February. (Up 2 from January)

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The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes. With only 71 currently active listings, it is not a very large market. Last year at this time there were 71 active listings, 9 pending sales and 3 closed sales as compared to this years 1 and 5 respectively. The condo market overall remains significantly more sluggish as compared to the single family residential market. I believe we are seeing a new normal being established for this smaller segment of the Martin County real estate market.

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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2012

 

For February 2012 in the 34990 Zip Code area of Palm City Florida :


There are currently 482 active listings (Increase of 8 homes from January)

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176 Residential sales are pending and awaiting close or lender approval. (An increae of 15 homes from last month)

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49 Homes Sold in February (Increased 17 homes from January)

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For the Palm City, zip code 34990, area of Martin County Florida, another positive month in terms of closed sales and future pending sales.  Inventory crept up by a small number, but sales activity remains strong in Palm City residential real estate. Comparing these numbers to February of 2011, when there were 570 active listings, 144 pending sales and 46 homes sold, very similar numbers with a significantly smaller inventory.

 

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Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012