Jensen Beach FL 34957 Condo Market Report January 2019
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for January 2019
For January 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 120 active listings. (Increased by 10 condos from December)
25 Condo sales are pending and awaiting settlement. (Up by 7 condos from December)
18 Condos Sold (Up by 6 condos from December)
The Jensen Beach FL 34957 Condo Market Report continues with an increased inventory of available condos for sale. Both closed and pending sales rose incrementally when compared to last month.
The one-month absorption rate for the January 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 6.7 months (from 9.2 months in December), back into a balanced market after one month in a buyer’s market. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.
The January 2018 numbers were: 119 active listings, 47 pending sales, and 15 condos closed. There was a much stronger number of pending sales last year while inventory and closed sales are very similar.
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Jensen Beach Florida Real Estate presented by:
Gabe Sanders
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