Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach FL 34957 Condo Market Report October 2018

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

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

There are currently 98 active listings. (Increased by 12 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

22 Condo sales are pending and awaiting settlement. (Down by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

17 Condos Sold (Down by 10 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show good activity.  Unfortunately not as robust as last month or last year.

The one-month absorption rate for the October 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 5.8 months (from 3.2 months in September), remaining in a seller’s market but inching close to a balanced one.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The October 2017 numbers were: 84 active listings, 32 pending sales, and 24 condos closed.  Considerably stronger activity last year and on a smaller inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report October 2018

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2018

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