Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Condo Market Report August 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2017

 

For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 80 active listings. (Decreased by 13 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

41 Condo sales are pending and awaiting settlement. (Up by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

26 Condos Sold (Down by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

 The Jensen Beach FL 34957 Condo Market Report for August shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Pending sales were up for the month while closed sales were off, yet still a very hot area.

The one month absorption rate for the August 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.1 months (from 2.9 months in July), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2016 numbers were: 112 active listings, 38 pending sales and 25 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Residential Market Report August 2017

Jensen Beach FL 34957 Residential Market Report August 2017

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

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

 There are currently 143 active listings. (Down by 22 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2017

77 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2017

48 Homes Sold (Up by 21 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2017

The Jensen Beach FL 34957 Residential Market showed very strong summer activity with increases in close and ending sales while the number of available homes for sale decreased.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.0 months ( was 6.1 months in July).  Back into a strong seller’s market after one month of a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2016 numbers were: 167 active listings, 67 pending sales, and 31 home sales closed.  Considerably stronger overall activity this year even with lower inventory levels.
Jensen Beach FL 34957 Residential Market Report August 2017

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

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach FL 34957 Condo Market Report July 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2017

 

For July 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 93 active listings. (Decreased by 12 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

32 Condos Sold (Up by 1 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

 The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.

The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2016 numbers were: 112 active listings, 46 pending sales and 27 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.

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach FL 34957 Residential Market Report July 2017

Jensen Beach FL 34957 Residential Market Report July 2017

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

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

 There are currently 165 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2017

79 Residential sales are pending and awaiting close or lender approval. (Up by 21 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

27 Homes Sold (Down by 20 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

The Jensen Beach FL 34957 Residential Market had a bad month for closed sales, while showing good pending sales numbers which should result in better closed sales in the coming months..
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 6.1 months ( was 3.7 months in June).  Now a balanced market for July.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2016 numbers were: 164 active listings, 66 pending sales, and 56 home sales closed.  Considerably weaker sales for this July when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2017

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach FL 34957 Residential Market Report July 2017

Jensen Beach FL 34957 Condo Market Report June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2017

 

For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 105 active listings. (Decreased by 17 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2017

44 Condo sales are pending and awaiting settlement. (Unchanged from May)

31 Condos Sold (Up by 3 condos from May)

 The Jensen Beach FL 34957 Condo Market Report for June shows a continuing active market though the inventory continues to decline makingfewer available condos available to purchase.

The one month absorption rate for the June 2017, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (from 4.4 months in May), a stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2016 numbers were: 22 active listings, 14 pending sales and 3 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.

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2017