Jensen Beach FL 34957 Residential Market Report August 2015

Jensen Beach FL 34957 Residential Market Report August 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2015

 For August 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 108 active listings. (Up by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2015

77 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2015

30 Homes Sold (Decreased by 5 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2015

The Jensen Beach FL 34957 Residential Market eased for the second month in a row, yet this is still very much of a sellers market.  We’ve had two months of increasing inventory which is good news for buyers and the general health of this market.  Going into the holiday months, I expect sales activity to decrease until we get into our next season.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.9 months (was 3.1 months in July).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2014 numbers were: 104 active listings, 74 pending sales and 29 home sales closed.   Much less pending activity as compared to last year and similar closed activity.  Inventory is greater this year which is very unusual for our market at this time.
Jensen Beach FL 34957 Residential Market Report August 2015

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report August 2015

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