Palm City FL 34990 Residential Market Report July 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 July 2018

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

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

 There are currently 335 active listings (Increased by 2 homes from June)

Palm City FL 34990 Residential Market Report July 2018

142 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from last month)

Palm City FL 34990 Residential Market Report July 2018

76 Homes Sold in June (Down by 35 homes from June)

Palm City FL 34990 Residential Market Report July 2018

The Palm City FL, zip code 34990 residential real estate market had a fairly slow month for July with a decrease in pending sales and a large drop in closed sales.  At least the inventory didn’t decline any further.
 
The monthly absorption rate rose to 4.4 months from 3.0 months in June.  Remaining in a 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 July 2017 numbers were:  398 active listings, 165 pending sales, and 96 closed sales. Considerably weaker activity this year with a reduced inventory of available homes for sale.

Palm City FL 34990 Residential Market Report July 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 July 2018

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
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
palm city fl

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
3,876,210
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Gabe- this is the kind of information that buyers, as well as sellers in Palm City FL, are looking for!!!

Aug 28, 2018 05:20 PM #1
Rainmaker
4,086,071
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, thanks for the update for Palm City's real estate market - you are the expert to call.

Aug 28, 2018 06:44 PM #2
Rainmaker
2,704,775
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Gabe Sanders more interesting statistics for the Palm City, FL real estate market.  I know that sellers are happy that the market is still in their favor!

Aug 28, 2018 06:54 PM #3
Rainmaker
4,432,217
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 

Aug 29, 2018 04:43 AM #4
Rainmaker
5,389,062
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Aug 29, 2018 06:24 AM #5
Rainmaker
4,797,361
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.

Sep 17, 2018 06:48 AM #6
Rainmaker
4,797,361
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.

Sep 17, 2018 06:48 AM #7
Rainmaker
4,797,361
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 17, 2018 06:48 AM #8
Rainmaker
4,797,361
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.

Sep 17, 2018 06:49 AM #9
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,797,361

Gabe Sanders

Stuart Florida Real Estate
Ask me about Stuart FL real estate
*
*
*
*
Spam prevention

Additional Information