Palm City FL 34990 Residential Market Report June 2014

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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 FL 34990 Residential Market Report June 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2014

 

For May 2013 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 444 active listings (An increase of 8 homes from May)

Palm City FL 34990 Residential Market Report June 2014

 153 Residential sales are pending and awaiting close or lender approval. (Decreased by 22 homes from last month)

Palm City FL 34990 Residential Market Report June 2014

94 Homes Sold in May (Up by 22 homes from May)

Palm City FL 34990 Residential Market Report June 2014

     A good strong June for closed sales in the Palm City FL 34990 residential real estate market.   Unfortunately pending sales were off, a potential warning for weaker future sales.  The inventory remained strong with a small increase.
 
     The current absorption rate decreased to 4.7 months from 6.1 months in May, putting the Palm City residential real estate market back into a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

     The June 2012 numbers were:  382 active listings, 162 pending sales and 69 closed sales.  Considerably grater closed activity this year, but weaker pending sales figures.

Palm City FL 34990 Residential Market Report June 2014

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

 

Palm City FL 34990 Residential Market Report June 2014

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Rainmaker
1,570,791
David Saks
(retired) - Memphis, TN

Great information, Gabe. Have a terrific day ahead and a fine weekend, too.

Jul 18, 2014 03:08 AM #1
Rainmaker
986,118
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Gabe Sanders, Palm City, Florida's residential market sounds phenomenal.

Jul 18, 2014 04:52 AM #2
Rainmaker
1,132,994
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe - Great information and real estate market data for the Palm City, FL area.  I hope buyers and sellers call you for more information on the area!

Jul 18, 2014 05:58 AM #3
Rainmaker
671,888
Sandy Shores FL Realtor®, Melbourne Real Estate
M & M Realty of Brevard Inc. - Melbourne, FL
Brevard County Real Estate, Florida's Space Coast

Hi Gabe, great up to date market info on Palm City Florida!

Jul 18, 2014 06:32 AM #4
Ambassador
2,268,814
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

That is one information packed market report on Palm City, Florida Gabe. Happy sales!

Jul 18, 2014 07:13 AM #5
Rainmaker
1,296,455
Jon Kolsky
Kolsky Realty & Management - Long Beach, CA
Licensed California Real Estate Broker

Gabe~ I am positive that buyers and sellers in your area appreciate your endless dedication as you provide the best up to date housing market reports, and I hope they know to call on you for any and all RE needs!

Jul 18, 2014 07:53 AM #6
Rainmaker
1,332,035
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Gabe, the numbers may be falling off a little in Palm City Florida, but still a 4.7 month absorption rate is a good number...many areas are still well above that.

Jul 18, 2014 08:44 AM #7
Rainmaker
5,620,118
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home buyers and home sellers will appreciate your detailed local market reports. And, they will be in good hands when they us your professional services.

Jul 18, 2014 10:06 PM #8
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Feb 22, 2016 06:25 AM #9
Rainmaker
4,798,170
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.

Feb 22, 2016 06:25 AM #10
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Feb 22, 2016 06:25 AM #11
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Rainmaker
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Gabe Sanders

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