Palm City FL 34990 Residential Market Report May 2017
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for May 2017
For May 2017 in the 34990 Zip Code area of Palm City Florida :
There are currently 381 active listings (Decreased by 22 homes from March)
174 Residential sales are pending and awaiting close or lender approval. (Down by 17 homes from last month)
129 Homes Sold in March (Up by 49 homes from March)
The Palm City FL, zip code 34990 residential real estate market had a large jump in closed sales for the month of May along with a decrease in pending sales and inventory.
The monthly absorption rate decreased to 3.0 months from 5.0 months in March. A more extreme sellers’ market for the Palm City zip code 34990 area for residential sales. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The May 2016 numbers were: 377 active listings, 162 pending sales and 84 closed sales. Stronger pending numbers this year with a larger inventory and similar sales activity.
Search here for Palm City Florida Real Estate for Sale:
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
Land Properties
Rental Properties
Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
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