Jensen Beach FL 34957 Residential Market Report August 2016

Jensen Beach FL 34957 Residential Market Report August 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2016

 For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 167 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2016

67 Residential sales are pending and awaiting close or lender approval. (Increased by 1 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2016

31 Homes Sold (Down by 25 home sales from July)

Jensen Beach FL 34957 Residential Market Report August 2016

The Jensen Beach FL 34957 Residential Market eased off to a more reasonable market activity after a very hot July.  Closed sales had a large drop, while pending sales remain steady.  Still a very healthy market for Jensen Beach.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.4 months ( was 2.9 months in July).  Still a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2015 numbers were: 117 active listings, 77 pending sales and 30 home sales closed.   Considerable increase in activity for this year while closed sales remained about equal but pending sales were off.
Jensen Beach FL 34957 Residential Market Report August 2016

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Jensen Beach FL 34957 Residential Market Report August 2016

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