Jensen Beach FL 34957 Condo Market Report January 2016

Jensen Beach FL 34957 Condo Market Report January 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for January 2016

For January 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 39 active listings. (Increased by 2 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2016

19 Condo sales are pending and awaiting settlement. (Increased by 7 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2016

6 Condos Sold (Decreased by 5 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2016

 The Jensen Beach FL 34957 Condo Market Report January 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Sales were off for the first month of 2016 while both the inventory and pending sales showed improvement.

The one month absorption rate for the January 2016, Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.5  months (from 5.3 months in December), bringing this segment of the Martin County condo market back into a balanced market again, after one month as a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2015 numbers were: 40 active listings, 19 pending sales and 9 condos closed.  Other than fewer closed sales for this year, identical numbers from 2015.

Jensen Beach FL 34957 Condo Market Report January 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report January 2016

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