Jensen Beach FL 34957 Condo Market Report April 2016

Jensen Beach FL 34957 Condo Market Report April 2016

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2016

 

For April 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 32 active listings. (Increased by 7 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

8 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

12 Condos Sold (Increased by 3 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

 The Jensen Beach FL 34957 Condo Market Report April 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area, though for April we had a nice little increase which will hopefully continue.  Unfortunately pending sales were off for the month.

The one month absorption rate for the April 2016, Jensen Beach Florida Market Report ZIP Code 34957 was 2.7 months (from 2.8  months in March), continuing as a very extreme sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2015 numbers were: 28 active listings, 16 pending sales and 11 condos closed.  Similar to last years numbers.

Jensen Beach FL 34957 Condo Market Report April 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2016

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