Jensen Beach FL 34957 Residential Market Report May 2017

June 19, 2017/Gabe Sanders/Featured, Market Reports, Real Estate, Top Slider

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

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