Jensen Beach FL 34957 Condo Market Report March 2017
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2017
For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 129 active listings. (Increased by 6 condos from February)
54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)
25 Condos Sold (Up by 6 condos from February)
The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.
The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The March 2016 numbers were: 25 active listings, 13 pending sales and 9 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.
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