Jensen Beach FL 34957 Condo Market Report June 2016

Jensen Beach FL 34957 Condo Market Report June 2016

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

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



There are currently 22 active listings. (Decreased by 4 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2016

14 Condo sales are pending and awaiting settlement. (Up by 3 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2016

3 Condos Sold (No change in sold condos from May)

Jensen Beach FL 34957 Condo Market Report June 2016

 The Jensen Beach FL 34957 Condo Market Report June 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  For June of 2015, available inventory remains quite low, while the pending sales numbers are quite good when the inventory is considered.

The one month absorption rate for the June 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped a bit to 7.3 months (from 8.7 months in May), still a buyers market for the first time in close to two years.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2015 numbers were: 31 active listings, 11 pending sales and 5 condos closed.  Better sales numbers for last year, but pending sales look good for this year even with the reduced inventory of available condos.

Jensen Beach FL 34957 Condo Market Report June 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2016

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