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

Jensen Beach FL 34957 Residential Market Report June 2017

Jensen Beach FL 34957 Residential Market Report June 2017

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

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

 There are currently 176 active listings. (Down by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2017

58 Residential sales are pending and awaiting close or lender approval. (Down by 19 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2017

47 Homes Sold (No change from May)

Jensen Beach FL 34957 Residential Market Report June 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  A second month in a row with a sizeable drop in pending sales.  The inventory is also fairly large when compared to last summer.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.7 months ( was 3.8 months in May).  Remaining in a strong seller’s market for June.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2016 numbers were: 99 active listings, 70 pending sales, and 37 home sales closed.  Better closed activity this year, but also a much higher inventory and lwer pending sales.
Jensen Beach FL 34957 Residential Market Report June 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 June 2017

Portofino Condos at Jensen Beach July 2017 Market Report

Portofino Condos at Jensen Beach July 2017 Market Report

As of July 2017 there are 2 condos available for sale in Portofino.  List prices are $98,500 and $150,000 which averages to $124,250 or $132.69 per sq. ft. of living area.

There is 1 condo under contract at this time.  This condo was listed for $125,000 which is $99.84 and was on the market for 70 days before going under contract.

In the past 12 months, 10 condos have sold in Portofino, ranging in sales price from $93,500 to $164,500 for an average sales price of $124,000 which equals a price per sq. ft. of $128.65.  The average days on market was only 16 and the average list to sales price ratio was 95%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach July 2017 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 are 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 July 2017 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 July 2017 Market Report

Portofino Condos at Jensen Beach July 2017 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 July 2017 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.

 

Jensen Beach Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Portofino Condos at Jensen Beach July 2017 Market Report

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

 

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

 

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



There are currently 122 active listings. (Decreased by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

44 Condo sales are pending and awaiting settlement. (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

28 Condos Sold (Down by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

 The Jensen Beach FL 34957 Condo Market Report for Mayshows a continuing active market though we did have declines in all measured parameters for the month of May 2017.

The one month absorption rate for the May 2017, Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (from 3.3 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2016 numbers were: 26 active listings, 11 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 FL 34957 Condo Market Report May 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

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

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

 There are currently 178 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2017

77 Residential sales are pending and awaiting close or lender approval. (Down by 21 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2017

47 Homes Sold (Up by 1 homes sale from April)

Jensen Beach FL 34957 Residential Market Report May 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  Unfortunately, a fairly sizeable drop in pending sales which may indicate a little softening in closed volume for the coming months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.8 months ( was 3.9 months in April).  Remaining in a strong seller’s market for May.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2016 numbers were: 116 active listings, 67 pending sales, and 37 home sales closed.  Considerably better activity this year when compared to last year with a greater inventory.
Jensen Beach FL 34957 Residential Market Report May 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 May 2017