Jensen Beach FL 34957 Residential Market Report February 2017

Jensen Beach FL 34957 Residential Market Report February 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2017

 For February 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 190 active listings. (Down by 8 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2017

96 Residential sales are pending and awaiting close or lender approval. (Increased by 24 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2017

27 Homes Sold (Down by 7 homes sale from January)

Jensen Beach FL 34957 Residential Market Report February 2017

The Jensen Beach FL 34957 Residential Market showed some very strong gains in pending sales.  Unfortunately, a decrease in closed sales, but I expect this segment of the Stuart real estate market to be active in the next few months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7 months ( was 5.8 months in January).  Shifting into a balanced market for the Jensen Beach residential real estate segment but getting very close to a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2016 numbers were: 128 active listings, 66 pending sales and 20 home sales closed.  Considerably greater inventory this year and an accompanying greater volume of closed and pending sales.
Jensen Beach FL 34957 Residential Market Report February 2017

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report February 2017

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