Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

 

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

 

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



There are currently 135 active listings. (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

41 Condos Sold (Up by 16 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now a very strong seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2016 numbers were: 113 active listings, 72 pending sales and 37 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 April 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

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

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

 There are currently 179 active listings. (Down by 24 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2017

98 Residential sales are pending and awaiting close or lender approval. (Up by 16 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2017

46 Homes Sold (Down by 12 homes sale from March)

Jensen Beach FL 34957 Residential Market Report April 2017

The Jensen Beach FL 34957 Residential Market continues with very strong activity from the past month into April.  One of the strongest segments of the Martin County real estate market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose slightly to 3.9 months ( was 3.5 months in March).  Remaining in a strong seller’s market for April.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2016 numbers were: 113 active listings, 72 pending sales and 37 home sales closed.  Better activity this year on a larger pool of homes (inventory).
Jensen Beach FL 34957 Residential Market Report April 2017

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

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

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

 

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



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 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 March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

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

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

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 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 March 2017

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach FL 34957 Condo Market Report February 2017

 

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

 

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



There are currently 123 active listings. (Decreased by 9 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

59 Condo sales are pending and awaiting settlement. (Up by 16 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

16 Condos Sold (Unchanged from January)

Jensen Beach FL 34957 Condo Market Report February 2017

 The Jensen Beach FL 34957 Condo Market Report for February had a decrease in inventory and a nice jump in pending sales while closed sales remained the same.

The one month absorption rate for the February 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 7.7 months (from 8.25 months in January), still a buyers’ market, but trending towards a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2016 numbers were: 26 active listings, 18 pending sales and 11 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 February 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2017