Palm City FL 34990 Residential Market Report June 2018

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 June 2018

 PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Residential Sales for June 2018

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

 There are currently 333 active listings (Decreased by 7 homes from May)

Palm City FL 34990 Residential Market Report June 2018

150 Residential sales are pending and awaiting close or lender approval. (Down by 26 homes from last month)

Palm City FL 34990 Residential Market Report June 2018

111 Homes Sold in May (Up by 5 homes from May)

Palm City FL 34990 Residential Market Report June 2018

The Palm City FL, zip code 34990 residential real estate market showed a slight increase in closed sales volume and a fairly large drop in pending sales.  We continue to show a need for greater inventory (number of homes available for sale) in Palm City.
 
The monthly absorption rate inched down to 3.0 months from 3.2 months in May.  Remaining in a strong seller’s 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 June 2017 numbers were:  386 active listings, 171 pending sales, and 96 closed sales. There was a slightly better-closed volume for this year with fewer pending sales.  All of this on significantly lower number of available homes for sale.

Palm City FL 34990 Residential Market Report June 2018

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

 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 June 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:
residential
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palm city fl

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Rainmaker
905,386
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Gabe Sanders - Those interested in Palm City FL should get with Gabe before the prices continue to rise. 

Jul 30, 2018 03:19 PM #1
Ambassador
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great market report as always Gabe Sanders 

Jul 30, 2018 03:45 PM #2
Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

 You are definitely the professor when it comes to Florida residential real estate. You’re constantly amaze me with your knowledge of the markets Gabe... 

Jul 30, 2018 10:23 PM #3
Rainmaker
4,088,242
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 

Jul 31, 2018 03:04 AM #4
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will certainly appreciate your local market reports.

Jul 31, 2018 01:27 PM #5
Rainmaker
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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. It’s always good to hear from you.

Aug 09, 2018 07:32 AM #6
Rainmaker
4,356,272
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.

Aug 09, 2018 07:32 AM #7
Rainmaker
4,356,272
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.

Aug 09, 2018 07:32 AM #8
Rainmaker
4,356,272
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 for a complete list of current and past market data.

Aug 09, 2018 07:32 AM #9
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Rainmaker
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Gabe Sanders

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