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

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

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

 

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

 

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


There are currently 404 active listings (A decrease of 16 homes from October)

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

136 Residential sales are pending and awaiting close or lender approval. (A decrease of 14 homes from last month)

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

56 Homes Sold in November (Increased by 7 homes from October)

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

November 2012 Palm City Real Estate Residential Market Report - Snapshot for ZIP Code 34990

 
For the Palm City, zip code 34990, area of Martin County Florida, another strong month during traditionally slow months.  Closed sales increased by 7.  The inventory of available homes for sale also decreased after an increase last month.  Pending sales were off by a bit and we expect some slower market activity for the next few months as we approach the holidays.

The current absorption rate stands at 7.2 months. Considerably better than it’s been in quite a while.  This is a slight buyer’s market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2011 numbers were:  468 active listings, 144 pending sales and 36 closed sales.  Better numbers for closed sales as compared to  last November, especially when factoring in the lower inventory for this year.  Slightly less pending activity, though.

 

Search here for Palm City Florida Real Estate for Sale

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

 

Residential – Homes and Condos Properties

Residential – Homes and Condos Properties for Sale in Palm City Between $0 – $100,000
Residential – Homes and Condos Properties for Sale in Palm City Between $100,000 – $200,000
Residential – Homes and Condos Properties for Sale in Palm City Between $200,000 – $300,000
Residential – Homes and Condos Properties for Sale in Palm City Between $300,000 – $400,000
Residential – Homes and Condos Properties for Sale in Palm City Between $400,000 – $500,000
Residential – Homes and Condos Properties for Sale in Palm City Between $500,000 – $750,000
Residential – Homes and Condos Properties for Sale in Palm City Between $750,000 – $1,000,000
Residential – Homes and Condos Properties for Sale in Palm City Between $1,000,000 – $1,250,000
Residential – Homes and Condos Properties for Sale in Palm City Between $1,250,000 – $1,500,000
Residential – Homes and Condos Properties for Sale in Palm City Between $1,500,000 – $1,750,000
Residential – Homes and Condos Properties for Sale in Palm City Between $1,750,000 – $2,000,000
Residential – Homes and Condos Properties for Sale in Palm City Between $2,000,000 – $4,900,000

Vacant Land Properties

Vacant Land Properties for Sale in Palm City Between $0 – $100,000
Vacant Land Properties for Sale in Palm City Between $100,000 – $200,000
Vacant Land Properties for Sale in Palm City Between $200,000 – $300,000
Vacant Land Properties for Sale in Palm City Between $300,000 – $400,000
Vacant Land Properties for Sale in Palm City Between $400,000 – $500,000
Vacant Land Properties for Sale in Palm City Between $500,000 – $750,000

 

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

 
 

Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Palm City homes are still selling and it should be a good 2013. Enjoy your weekend.

Dec 21, 2012 06:31 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks Debbie.  Let's hope 2013 turns out to be another good year.

Dec 21, 2012 08:24 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Palm City, FL real estate.

Nov 03, 2015 03:36 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Debbie, thanks for taking the time to comment it is always appreciated.

Sep 13, 2018 07:21 AM