Palm City FL 34990 Condo Market Report July 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 Condo Market Report July 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2014

 

For July 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 59 active condo listings. (Up by 3 condos from June)

Palm City FL 34990 Condo Market Report July 2014

 

6 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)

Palm City FL 34990 Condo Market Report July 2014

 

1 Condos Sold in July. (Down by 2 condos from June)

Palm City FL 34990 Condo Market Report July 2014
 

The Palm City FL 34990 condo real estate market continues to struggle with weak numbers.  The inventory rose again while closed sales declined to a single sale for July.  Pending sales improved by one unit, though it’s still a anemic number.  The Palm City condo market is quite small and inferences into the more general condo market should not be made.

The current absorption rate for condos in the 34990 zip code area rose to 59 months (was 18.7 months in June).   A strong buyers market.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
 
The July 2013 numbers were: 54 active listings, 9 pending sales and 6 closed sales.   Considerably better activity in 2013 as compared to this July.
 
Palm City FL 34990 Condo Market Report July 2014
 

Search here for Palm City Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City FL 34990 Condo Market Report July 2014

 

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Florida Martin County Palm City
Groups:
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Tags:
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palm city florida real estate
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Ambassador
1,770,150
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

You spell out the Palm City FL 34990 Condo Market Report expertly Gabe. No wonder you are so successful. Folks buying and selling  should contact Gabe Sanders for true professional service.

Aug 24, 2014 07:56 AM #1
Rainmaker
4,798,020
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you Noah Seidenberg .

Aug 24, 2014 10:02 AM #2
Rainmaker
4,432,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good information. Anyone looking to buy a home in your area should call you to be their agent.

Aug 24, 2014 08:52 PM #3
Rainmaker
653,941
Bobbie Smith
Stroudsburg, PA
570-242-1891

The Condo market in Palm City FL is certainly having its ups and downs this month. Hopefully all the stats will be UP next month Gabe. Thanks

Aug 24, 2014 09:28 PM #4
Rainmaker
5,611,304
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Gabe, for sharing your Palm City condo report. This is helpful information for home buyers and home sellers.

Aug 24, 2014 09:33 PM #5
Rainmaker
3,324,303
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Palm City looks like a great place for snowbirds to fly  !

Aug 24, 2014 10:52 PM #6
Rainmaker
4,798,020
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 14, 2016 04:09 AM #7
Rainmaker
4,798,020
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments, always appreciated.

Feb 14, 2016 04:09 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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