Jensen Beach FL 34957 Residential Market Report August 2019

Jensen Beach FL 34957 Residential Market Report August 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2019

 There are currently 197 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2019

54 Residential sales are pending and awaiting close or lender approval. (Decreased by 27 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

43 Homes Sold (Up by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2019

The Jensen Beach FL 34957 Residential Market had a big drop in pending sales for the month while maintaining a good volume of closed sales.  This market segment remains quite active and is a strong market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.6 months ( was 4.5 months in July).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2018 numbers were: 162 active listings, 70 pending sales, and 45 home sales closed.  There was considerably better-pending sales activity last year while closed sales are almost the same on a greater inventory of available homes for sale.
Jensen Beach FL 34957 Residential Market Report August 2019
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Jensen Beach FL 34957 Residential Market Report August 2019

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