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

 

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

 

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


There are currently 420 active listings (An increase of 18 homes from September)

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

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

150 Residential sales are pending and awaiting close or lender approval. (An increase of 9 homes from last month)

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

49 Homes Sold in October (Increased by 16 homes from September)

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

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

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

October 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, a good strong October after a pretty weak September.  Closed sales came back up by 16 from a disappointing September.  The inventory of available homes for sale increased as well, but still remain at levels lower than they’ve been in quite a few years.  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 8.6 months. Considerably better than last month’s over 1 year absorption rate.  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.  Much of these numbers are a reflection of the slower activity which is typical for our area in the summer months.

The October 2011 numbers were:  468 active listings, 138 pending sales and 41 closed sales.  Better than last October, especially when factoring in the lower inventory for this year.

 

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, October 2012

 
 
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Gabe, great market report show that the trend is moving in the positive direction. Happy Thanksgiving.

Nov 21, 2012 04:18 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

 Gabr Arthur abd I stopped by to wish you and your family a Happy Thanksgiving

Nov 21, 2012 04:34 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe - Your market reports are always impressive and this one for Palm City, Florida is no exception!

Nov 21, 2012 08:22 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Gabe - It's great there is an increase across the board in Palm Beach City.

Nov 23, 2012 08:58 AM
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.

Oct 30, 2015 04:41 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

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

Sep 02, 2018 06:54 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

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

Sep 02, 2018 06:54 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

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

Sep 02, 2018 06:54 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

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

Sep 02, 2018 06:54 AM