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

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

 

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

 

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


There are currently 474 active listings (Decreased by 4 homes from December)

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161 Residential sales are pending and awaiting close or lender approval. (An increae of 47 homes from last month)

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32 Homes Sold in January (Decreased 25 homes from December)

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     For the Palm City, zip code 34990, area of Martin County Florida, it was an exceptional strong month for contracts written, reflected in the big jump in pending sales. Unfortunately, sales were off  by 25 homes, but this number should be much better inn the coming months as the pending sales close.
     Comparing these numbers to January of 2010, when there were 584 active listings, 136 pending sales and 29 homes sold, showing better numbers with a significant decrease in inventory.  The Palm City real estate market continues to show improvement.

 

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

Open House in Whispering Sound in Palm City Florida

Open House in Whispering Sound in Palm City Florida

Join us on Super Bowl Sunday afternoon (February 5’th 2012) from 1 p.m. to 4 p.m. to view this charming villa in the adult community of Whispering Sound in Palm City, Florida.

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Enjoy carefree living in this beautiful attached villa in the popular adult community of Whispering Sound. Tasteful, neutral decor. Spacious, open living room and dining room with vaulted ceilings,sky light. Florida room with sliding doors to the private, screened patio – perfect for outdoor dining. Large kitchen with skylight. Cozy breakfast area with window. Oversize kitchen pantry. Full size washer/driver in separate closet. Comfortable master bedroom with sitting area, two large walk- in closets. Ceramic tiled master bath with shower, linen closet. Bright guest bedroom.. Tiled guest bath. Bonus hall storage closet, linen closet. Attached garage. New AC. Accordion hurricane shutters. Social, active community with heated pool, clubhouse, activities.


Villa in Whispering Sound – Palm City, Gated Community

Overview

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Photos

Description

Open House

$139,000
Single Family Home
Main Features
2 Bedrooms
2 Bathrooms
Interior: 1,468 sqft
Location
3736 SW Whispering Sound Drive
Palm City, FL 34990
USA

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Open House in Whispering Sound in Palm City Florida

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Newer 4 BR Harbour Pointe Lakeside Home in Palm City, Florida – Price Reduced

Newer 4 BR Harbour Pointe Lakeside Home in Palm City, Florida – Price Reduced

Now offered for $370,000 – great value!

Spacious master suite upstairs with a connecting junior suite that can be a nursery, office, or a 5th bedroom. Two additional bedrooms on 2’nd floor (one oversized – and possible to split in to 2 for a 6th BR). Utility room is conveniently located upstairs. Modern kitchen with breakfast bar and dining nook overlooking the screened lanai with hot tub (stays) all with serene lake views. 8′ doors throughout. Low HOA fees. Oversized garage can accommodate large vehicles or possibly a boat. Conveniently located close to schools, public boat ramps, shopping and turnpike.

ABOUT HARBOUR POINTE:

Harbour Pointe is located in gorgeous Palm City. This gated community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County! Residents enjoy preserve and lake views in spacious custom designed homes. Harbour Pointe is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County. Close to shopping, restaurants as well as the beaches of Martin County as well as Harbor Pointe’s proximity to i-95 and Florida’s Turnpike makes it a commuters dream!

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Newer 4 BR Harbour Pointe Lakeside Home in Palm City, Florida – Price Reduced

 

 

Palm City Florida Market Report ZIP Code 34990 – Condo, December 2011

Palm City Florida Market Report ZIP Code 34990 – Condo, December 2011

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2011

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



There are currently 65 active condo listings. (Up 5 from November)

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

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1 Condos Sold in December. (Unchanged from November)

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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 65 currently active listings, it is not a very large market.  Last year at this time there were 78 active listings, and the market was more active with 5 pending sales and 6 closed sales as compared to this years anemic 3 and 1 respectively. The condo market overall remains significantly more sluggish as compared to the single family residential market.
Speculating on the reasons for this could be the current low prices of single family units. The difficulty of obtaining financing for condos in this lending environment and the nervousness regarding the economy and future being felt by the more senior set that tend to go for the condo type of housing. Condo sales tend to be more active after the holidays and we will hopefully see an increase in activity following the holiday season.

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Palm City Florida Market Report ZIP Code 34990 – Condo, December 2011

Palm City Florida Market Report ZIP Code 34990 – Residential, December 2011

Palm City Florida Market Report ZIP Code 34990 – Residential, December 2011

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2011

 

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


There are currently 478 active listings (Increased by 10 homes from November)

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114 Residential sales are pending and awaiting close or lender approval. (A decrease of 30 homes from last month)

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57 Homes Sold in December (An increase of 21 homes sold from November)

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For the Palm City, zip code 34990, area of Martin County Florida, it was a strong month for closed sales.  Unfortunately, it was also the second month of increasing inventory (active listings) and also a decrease in pending sales for the future.  Comparing these numbers to December of 2010, when there were 577 active listings, 110 pending sales and 45 homes sold, we are in a better position in all categories.  With the height of the snow bird season coming, we should see some increase in activity.  The Palm City market, however, is not as seasonally influenced as our more coastal areas as this market is heavily influenced by family areas that tend not to be as seasonal, with an increase in activity normally more towards the spring and summer seasons.

 

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Palm City Florida Real Estate presented by:
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Palm City Florida Market Report ZIP Code 34990 – Residential, December 2011