Palm City Florida Market Report ZIP Code 34990 – Condo, December 2011
Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2011
For December, 2011 in the 34990 Zip Code area of Palm City, Florida :
There are currently 65 active condo listings. (Up 5 from November)

3 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)
1 Condos Sold in December. (Unchanged from November)




The 34990 zip code area of Palm City
condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes. With only 65 currently active listings, it is not a very large market. Last year at this time there were 78 active listings, and the market was more active with 5 pending sales and 6 closed sales as compared to this years anemic 3 and 1 respectively. The
condo market overall remains significantly more sluggish as compared to the single family residential market.
Speculating on the reasons for this could be the current low prices of single family units. The difficulty of obtaining financing for condos in this lending environment and the nervousness regarding the economy and future being felt by the more senior set that tend to go for the condo type of housing. Condo sales tend to be more active after the holidays and we will hopefully see an increase in activity following the holiday season.
Search here for Palm City Florida Real Estate for Sale ( Condos)

Palm City Florida Real Estate presented by:
Gabe Sanders
Palm City Florida Market Report ZIP Code 34990 – Condo, December 2011
Related entries:
- Palm City Florida Market Report ZIP Code 34990 – Condo, November 2011 (47.5)
- Palm City Florida Market Report ZIP Code 34990 – Condo, October 2011 (46.3)
- Palm City Florida Market Report ZIP Code 34990 Condo, September 2011 (46.2)
- Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for August 2011 (43.1)
- Market Report: Palm City Florida Real Estate Snapshot for Zip Code 34990, Condo Sales for June 2011 (43)