Palm City FL 34990 Condo 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 Condo Market Report April 2018

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

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

There are currently 88 active condo listings. (Decreased by 8 condos from March)

   Palm City FL 34990 Condo Market Report April 2018

15 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)

Palm City FL 34990 Condo Market Report April 2018

7 Condos Sold in April. (Down by 2 condos from March)

Palm City FL 34990 Condo Market Report April 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For April there was an improvement pending sales while closed sales were down by 2 condos.  The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area climbed to 12.6 months (was 10.7 months in July).  Still in a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
 
The April 2017 numbers were: 86 active listings, 9 pending sales, and 8 closed sales.  Very similar activity as compared to last year with the exception of considerably better pending activity this year.
 
Palm City FL 34990 Condo Market Report April 2018
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Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo 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:
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Ambassador
1,693,920
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Your condo market still seems affordable. Resembling our condo market. And yet seems it is changing

May 28, 2018 07:47 PM #1
Rainmaker
4,000,011
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 29, 2018 03:46 AM #2
Rainmaker
4,604,898
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local real estate market reports.

May 29, 2018 05:43 AM #3
Rainmaker
2,882,152
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Gabe- - -your reports and updates are concise yet full of valuable detailed information.  Expertly presented too.

May 29, 2018 05:57 AM #4
Rainmaker
4,252,332
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 09, 2018 06:14 AM #5
Rainmaker
4,252,332
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 09, 2018 06:14 AM #6
Rainmaker
4,252,332
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 09, 2018 06:14 AM #7
Rainmaker
4,252,332
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 09, 2018 06:14 AM #8
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Gabe Sanders

Stuart Florida Real Estate
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