Jensen Beach FL 34957 Residential Market Report May 2016

Jensen Beach FL 34957 Residential Market Report May 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2016

 For May 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 116 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2016

67 Residential sales are pending and awaiting close or lender approval. (Decreased by 5 homes from March)

Jensen Beach FL 34957 Residential Market Report May 2016

37 Homes Sold (No change in home sales from March)

Jensen Beach FL 34957 Residential Market Report May 2016

The Jensen Beach FL 34957 Residential Market continues to perform well.  It’s good to see an increase in inventory for this month, even if it’s only three homes.  Closed sales volume was unchanged from last month while there was a small decrease in pending sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.1 months (also was 3.1 months in March).  Still an extreme sellers market for Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2015 numbers were: 135 active listings, 92 pending sales and 31 home sales closed.   Higher closed sales volume this year with lower inventory, though pending sales were much better last year.
Jensen Beach FL 34957 Residential Market Report May 2016

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Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach FL 34957 Residential Market Report May 2016

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