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

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

 

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

 

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

 


There are currently 482 active listings (An increase of 16 homes from August)

[singlepic id=1278 w=600 h=600 float=center]

[singlepic id=1279 w=600 h=600 float=center]

 

124 Residential sales are pending and awaiting close or lender approval. (Down 15 from last month)

[singlepic id=1280 w=600 h=600 float=center]

 

49 Homes Sold in September (An increase of 7 homes from August)

[singlepic id=1281 w=600 h=600 float=center]

[singlepic id=1282 w=600 h=600 float=center]

[singlepic id=1283 w=600 h=600 float=center]

[singlepic id=1284 w=600 h=600 float=center]

 

The good news for the Palm City (ZIP Code 34990) real estate market report is that sales were up from the previous month.  Unfortunately we also had an increase in inventory and a decrease in pending sales.  Whether this is a seasonal effect or a future trend remains to be determined.

This increase in inventory may also be attributable to many sellers trying to time the market as well as a reaction from recent relatively good sales for the past spring and summer season.  Most efforts to time the market, especially when made in relatively large numbers become self defeating as in this trying market, this increase in inventory may just drive the market a bit lower.

However, for buyers, especially for those who can obtain financing, there hasn’t been a more attractive real estate market in decades.  There are some savvy buyers getting excellent deals for homes at prices equivalent to 10 or 11 years ago.

This will be an interesting season to watch!

 

Search here for Palm City Florida Real Estate for Sale

 

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

 

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

 

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

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

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

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


There are currently 503 active listings (A decrease of 29 homes from May)

[singlepic id=1001 w=600 h=600 float=center]

[singlepic id=1002 w=600 h=600 float=center]

 

132 Residential sales are pending and awaiting close or lender approval. (Up 4 from last month)

[singlepic id=1003 w=600 h=600 float=center]

 

56 Homes Sold in June (Down 5 homes from May)

[singlepic id=1004 w=600 h=600 float=center]

[singlepic id=1005 w=600 h=600 float=center]

[singlepic id=1006 w=600 h=600 float=center]

[singlepic id=1007 w=600 h=600 float=center]

 

For the Palm City (zip code 34990) real estate market activity, the biggest number for June is that the inventory declined by 6% or down 32 homes.  Pending sales rose slightly.  Closed sales were off by 5 homes and this is often to be expected as during the summer season on the Treasure Coast of Florida many buyers are seasonal and have postponed their buying activity until the start of next season.

Search here for Palm City Florida Real Estate for Sale

Palm City, FL Real Estate

Rental Properties

Residential Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

 

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

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