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 seller's 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.
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Residential Properties
- Residential Properties for Sale in Palm-City, Florida Between $0 – $500,000
- Residential Properties for Sale in Palm-City, Florida Between $500,000 – $1,000,000
- Residential Properties for Sale in Palm-City, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Palm-City, Florida Between $1,500,000 – $2,000,000
- Residential Properties for Sale in Palm-City, Florida Between $2,000,000 – $2,500,000
- Residential Properties for Sale in Palm-City, Florida Between $2,500,000 – $3,000,000
- Residential Properties for Sale in Palm-City, Florida Between $5,000,000 – $5,500,000
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Rental Properties
Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Palm City FL 34990 Residential Market Report November 2018
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