Real estate market data for Palm City FL provided by Jillian Bruening and Robert Von Ohlen of The Treasure Coast Home Seekers at Keller Williams Realty of Port St Lucie.
Since September 2013, we have seen sold prices increase on home prices in Palm City FL and we don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Palm City FL and having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many listings go under contract in a short period of time. You can see from the graph below, listings are starting to sell closer to asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Palm City FL home on which you are making an offer.
If you are interested in how much current inventory is on the market in Palm City FL you can find that information by clicking on the link, or on the graph above. Currently in this area of Palm City, homes have a median time of 114 days on the market before they sell. Sellers should make sure to price their home near the market value if they are looking for a quick sale from one of those interested buyers. Lower inventory in Palm City FL has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then, as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse, but low inventory is one indicator that prices should continue to rise.
Palm City FL Real Estate Report Summary
The median list price in January for single family homes in Palm City FL (34990) is $372,040.
The number of active listings in Palm City (34990) dropped by 0.7% from the previous month.
The percent of owner occupied properties is higher in Palm City (34990) by 16.32% than the national average.
The percent of unoccupied properties is very low in Palm City (34990) . It is -9.62% below the national average.
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Thank you for reading about Home Prices in Palm City FL for January 2014