Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2018

For November 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 100 active listings. (Increased by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

24 Condo sales are pending and awaiting settlement. (Up by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

15 Condos Sold (Down by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

 The Jensen Beach FL 34957 Condo Market Report had an increase in inventory and pending sales along with a decrease in closed sales.

The one-month absorption rate for the November 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 6.7 months (from 5.8 months in October), transitioning into a balanced market for the first time in quite a while.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The November 2017 numbers were: 106 active listings, 24 pending sales, and 17 condos closed.  Very similar activity when compared to last year.

Jensen Beach FL 34957 Condo Market Report November 2018

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2018

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