Palm City FL 34990 Residential Market Report July 2017

By
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 July 2017

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2017

 

For July 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 398 active listings (Increased by 12 homes from June)

Palm City FL 34990 Residential Market Report July 2017

165 Residential sales are pending and awaiting close or lender approval. (Down by 6 homes from last month)

Palm City FL 34990 Residential Market Report July 2017

96 Homes Sold in June (No change from June)

Palm City FL 34990 Residential Market Report July 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  Interestingly, inventory levels are above last year, which is not the current trend in the county.
 
The monthly absorption rate inched up to 4.1 months from 4.0 months in June.  Still a sellers’ market for the Palm Cityzip 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 July 2016 numbers were:  383 active listings, 120 pending sales and 83 closed sales.  Stronger activity for this year with a slightly higher inventory of homes for sale.

Palm City FL 34990 Residential Market Report July 2017

 Search here for Palm City Florida Real Estate for Sale:

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

 

Palm City FL 34990 Residential Market Report July 2017

Comments (7)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Gabe - a very nice report on the active real estate market in Palm City.

Aug 25, 2017 12:26 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe as always your market reports contain a lot of information for Buyers and Sellers.

Aug 25, 2017 04:17 PM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Gabe -- your at-a-glance report for Palm City real estate is a great tool for anyone interested in making a move in the area.  Useful for prospective buyers and sellers alike.  

Aug 25, 2017 09:23 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families moving to the area will appreciate you local real estate  market reports.

Aug 26, 2017 06:34 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 your comments, always appreciated.

Sep 09, 2017 06:56 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.

Sep 09, 2017 06:56 AM
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 website at: http://www.gabesanders.com/market-stats

Sep 09, 2017 06:56 AM

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