Jensen Beach FL 34957 Condo Market Report July 2017
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2017
For July 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 93 active listings. (Decreased by 12 condos from June)
35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)
32 Condos Sold (Up by 1 condos from June)
The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.
The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a stronger seller’s market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The July 2016 numbers were: 112 active listings, 46 pending sales and 27 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.
Jensen Beach Florida Real Estate presented by:
Gabe Sanders
Gabe Sanders
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