Jensen Beach FL 34957 Condo Market Report October 2019

Jensen Beach FL 34957 Condo Market Report October 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2019

There are currently 100 active listings. (Decreased by 1 condo from September)

Jensen Beach FL 34957 Condo Market Report October 2019

30 Condo sales are pending and awaiting settlement. (Up 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2019

21 Condos Sold (Up by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2019

 The Jensen Beach FL 34957 Condo Market Report rebounded with stronger activity than the past few months.  Sales and pending sales were both up while the inventory remained just about unchanged.

The one-month absorption rate for the October 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.8 months (from 5.3 months in September). Remaining in a seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The October 2018 numbers were: 98 active listings, 22 pending sales, and 17 condos closed.  All in all a better October this year than last.

Jensen Beach FL 34957 Condo Market Report October 2019

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Jensen Beach FL 34957 Condo Market Report October 2019

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