Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for January 2018

For January 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 119 active listings. (Increased by 11 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

47 Condo sales are pending and awaiting settlement. (Up by 21 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

15 Condos Sold (Down by 1 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

 The Jensen Beach FL 34957 Condo Market Report for January had a large increase of pending sales which should result in some strong closed sales volume for the coming months.

The one month absorption rate for the January 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.9 months (from 6.8 months in December), drifting into a buyers market for the first time in a while.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2017 numbers were: 132 active listings, 43 pending sales and 16 condos closed.  Very similar activity when compared to last January on less inventory of available condos for this year.

Jensen Beach FL 34957 Condo Market Report January 2018

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Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2018

 For January 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 193 active listings. (Up by 26 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2018

69 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2018

24 Homes Sold (Unchanged from December)

Jensen Beach FL 34957 Residential Market Report January 2018

The Jensen Beach FL 34957 Residential Market increased in inventory for January as well as a good jump in pending sales while closed sales remained unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.0 months ( was 7.0 months in December).  Into a buyer’s market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2017 numbers were: 198 active listings, 72 pending sales, and 34 home sales closed.  Considerably stronger activity last January.
Jensen Beach FL 34957 Residential Market Report January 2018
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Click on this link and fill out the form for an accurate personal evaluation

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Residential Properties

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report January 2018

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach FL 34957 Condo Market Report December 2017

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

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

There are currently 108 active listings. (Increased by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

26 Condo sales are pending and awaiting settlement. (Up by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

16 Condos Sold (Down by 1 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

 The Jensen Beach FL 34957 Condo Market Report for December had a weaker December than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the December 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.8 months (from 6.2 months in November), remaining in a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2016 numbers were: 134 active listings, 26 pending sales and 19 condos closed.  Slightly better activity this December than for December 2016 with a reduced number of condos for sale (inventory).

Jensen Beach FL 34957 Condo Market Report December 201

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

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

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

 There are currently 167 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2017

52 Residential sales are pending and awaiting close or lender approval. (Up by 1 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

24 Homes Sold (Down by 4 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

The Jensen Beach FL 34957 Residential Market had slightly less activity for the end of 2017 than there was in November.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.0 months ( was 5.7 months in November).  Going into a slight buyers market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2016 numbers were: 183 active listings, 53 pending sales, and 33 home sales closed.  Not as good a market in Jensen Beach to close out 2017 as it was in 2016.
Jensen Beach FL 34957 Residential Market Report December 2017
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

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

Jensen Beach FL 34957 Residential Market Report December 2017

Portofino Condos at Jensen Beach January 2018 Market Report

Portofino Condos at Jensen Beach January 2018 Market Report

As of January 2018, there are 5 condos available for sale in Portofino.  List prices range from $109,500 up to $149,000 which averages to $124,600 or $147.51 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 11 condos have sold in Portofino, ranging in sales price from $93,500 up to $164,500 for an average sales price of $121,682 which equals a price per sq. ft. of $126.67.  The average days on market was only 29 and the average list to sales price ratio was 95%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach January 2018 Market Report

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

 

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach January 2018 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino at Jensen Beach

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

Portofino Condos at Jensen Beach January 2018 Market Report

Portofino Condos at Jensen Beach January 2018 Market ReportThe Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach January 2018 Market Report

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

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Portofino Condos at Jensen Beach January 2018 Market Report