Palm City FL 34990 Residential Market Report April 2018

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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 April 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2018

For April 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 364 active listings (Decreased by 27 homes from March)

Palm City FL 34990 Residential Market Report April 2018

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

Palm City FL 34990 Residential Market Report April 2018

64 Homes Sold in March (Down by 17 homes from March)

Palm City FL 34990 Residential Market Report April 2018

The Palm City FL, zip code 34990 residential real estate market is going to have an issue maintaining good momentum if the inventory continues to drop as it has the past few months.  Pending sales remain very strong even as closed sales were off from last month.
 
The monthly absorption rate rose to 5.7 months from 4.8 months in March.  Still a slight seller’s market for the Palm City zip code 34990 area for residential sales, though trending back towards a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2017 numbers were:  403 active listings, 191 pending sales, and 80 closed sales.  Somewhat slower closed sales this year, but this is with a greatly reduced number of homes available for sale (inventory).

Palm City FL 34990 Residential Market Report April 2018

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Palm City FL 34990 Residential Market Report April 2018

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Palm City
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
market report
stuart fl

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Ambassador
3,303,286
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Gabe- Thank you again for a comprehensive residential market report for Palm City FL!!

May 25, 2018 05:10 PM #1
Rainmaker
3,998,215
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for  sharing 

May 26, 2018 02:45 AM #2
Rainmaker
4,603,595
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Palm City home sellers will be in very good hands when they select you as their listing agent.

May 26, 2018 06:07 AM #3
Rainmaker
2,881,761
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Gabe- - -it's good to see "opportunity"  in the Palm City real estate market.  Buyers/sellers would be in very knowledgeable hands when they make contact with you.

May 26, 2018 07:46 AM #4
Rainmaker
4,250,522
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

Jun 08, 2018 08:02 AM #5
Rainmaker
4,250,522
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 Martin County FL real estate.

Jun 08, 2018 08:02 AM #6
Rainmaker
4,250,522
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.

Jun 08, 2018 08:02 AM #7
Rainmaker
4,250,522
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my post.

Jun 08, 2018 08:02 AM #8
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Gabe Sanders

Stuart Florida Real Estate
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