Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 37 active listings. (Increased by 1 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2015

12 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2015

7 Condos Sold (Increased by 5 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2015

 The Jensen Beach FL 34957 Condo Market Report December 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Pending sales were down for December while there was a nice increase in closed sales.

The one month absorption rate for the December 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 5.3  months (from  18 months in November), bringing this segment of the Martin County condo market back into a sellers market again, after one month as a buyers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 condos closed.  Very similar numbers when compared to last year’s activity.

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2015

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