Palm City FL 34990 Condo Market Report January 2019

By
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 January 2019

PALM CITY REAL ESTATE Snapshot for ZIP Code 34990, Condo Sales for January 2019

For January 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 104 active condo listings. (Increased by 7 condos from December)

  Palm City FL 34990 Condo Market Report January 2019

Condo sales are pending and awaiting close or lender approval. (Up by 2 condos from last month)

Palm City FL 34990 Condo Market Report January 2019

4 Condos Sold in January. (Up by 4 condos from December)

Palm City FL 34990 Condo Market Report January 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.

The current absorption rate for condos in the 34990 zip is 26 months (was 44.5 months in January).  An extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
 
The January 2017 numbers were: 102 active listings, 9 pending sales, and 15 closed sales.  Considerably better activity last January.
 
Palm City FL 34990 Condo Market Report January 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report January 2019

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
Rainer
456,513
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Mar 01, 2019 11:47 PM #1
Rainmaker
5,428,807
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Saturday morning, Gabe.

Have a great day and an outstanding weekend.

Mar 02, 2019 05:34 AM #2
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
4,797,528

Gabe Sanders

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

Additional Information