Jensen Beach FL 34957 Condo Market Report June 2019

Jensen Beach FL 34957 Condo Market Report June 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2019

For June 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 111 active listings. (Increased by 2 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2019

41 Condo sales are pending and awaiting settlement. (Down by 1 condo from May)

Jensen Beach FL 34957 Condo Market Report June 2019

23 Condos Sold (Down by 7 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2019

 The Jensen Beach FL 34957 Condo Market Report had a drop in closed sales for the month while other activity remains strong.  Not unexpected to see condo sales start declining in the summer months.

The one-month absorption rate for the June 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.8 months (from 3.6 months in May). Remaining in a seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The June 2018 numbers were: 103 active listings, 38 pending sales, and 31 condos closed.  Better closed sales numbers for last year.

Jensen Beach FL 34957 Condo Market Report June 2019

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report June 2019

Jensen Beach FL 34957 Residential Market Report June 2019

Jensen Beach FL 34957 Residential Market Report June 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2019

 For June 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 207 active listings. (Down by 16 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2019

73 Residential sales are pending and awaiting close or lender approval. (Increased by 6 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2019

41 Homes Sold (Decreased by 17 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2019

The Jensen Beach FL 34957 Residential Market while still an active market is showing reduced strength when compared to both last month and last year.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.0 months ( was 3.8 months in May).  Still a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2018 numbers were: 170 active listings, 77 pending sales, and 59 home sales closed.  There was less inventory last year but this segment of the single family reslestate market still had better sales activity.
Jensen Beach FL 34957 Residential Market Report June 2019
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

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report June 2019

Stuart FL 34996 Condo Market Report June 2019

Stuart FL 34996 Condo Market Report June 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2019

For June 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 104 active condo listings (Down by 25 condos from last month).

Stuart FL 34996 Condo Market Report June 2019

43 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from May).

Stuart FL 34996 Condo Market Report June 2019

29 Condos Sold in June (Down by 2 condos from May) 

Stuart FL 34996 Condo Market Report June 2019

The Stuart FL 34996 Condo Market of Stuart showed weaker sales and pending sales volume but also a drop in inventory keeping the sales rations very active.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.6 months from May’s 4.2 months. Still a strong seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2018 were: 106 active listings, 38 pending sales, and 29 closed sales.  Very similar sales volume when compared to last year.

Stuart FL 34996 Condo Market Report June 2019

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Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report June 2019

Stuart FL 34996 Residential Market Report June 2019

Stuart FL 34996 Residential Market Report June 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for June 2019

For June 2019 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 144 active listings (Decreased by 8 homes from May).

Stuart FL 34996 Residential Market Report June 2019 

24 Residential sales are pending and awaiting close (Up by 1 home from May).

Stuart FL 34996 Residential Market Report June 2019

12 Homes Sold in June (Down by 15 homes from May).

Stuart FL 34996 Residential Market Report June 2019

The 34996 zip code area of the Stuart Florida had considerably weaker sales activity for the month.  Inventory has decreased a little but sales are not keeping pace.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for June jumped up to 12 months as compared to the 5.6 months for last month.  We have transitioned back into a buyer’s market for this segment of the Martin County single family real estate market..  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7 month absorption rate.

The numbers for June 2018 were: 105 active listings, 34 pending sales, and 26 closed sales.  Much better activity last year with less inventory of available homes for sale.

Stuart FL 34996 Residential Market Report June 2019

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Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report June 2019

Palm City FL 34990 Condo Market Report June 2019

Palm City FL 34990 Condo Market Report June 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for June 2019

For June 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 66 active condo listings. (Decreased by 2 condos from May)

Palm City FL 34990 Condo Market Report June 2019 

9 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from last month)

Palm City FL 34990 Condo Market Report June 2019

12 Condos Sold in June. (Up by 4 condos from May)

Palm City FL 34990 Condo Market Report June 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  June was a good month for this segment of condo real estate in Martin County.

The current absorption rate for condos in the 34990 zip dropped to 5.5 months (was 8.5 months in May).  Shifting into a seller’s market for Palm City condos for the first time in a while.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The June 2018 numbers were: 86 active listings, 8 pending sales, and 9 closed sales.  A better volume of sales and pending sales this year all on a reduced inventory of available condos.
Palm City FL 34990 Condo Market Report June 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report June 2019