Jensen Beach FL 34957 Residential Market Report December 2016

January 22, 2017/Gabe Sanders/Featured, Market Reports, Real Estate, Top Slider

Jensen Beach FL 34957 Residential Market Report December 2016

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

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

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There are currently 183 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2016

53 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2016

33 Homes Sold (Down by 5 homes sales from November)

Jensen Beach FL 34957 Residential Market Report December 2016

The Jensen Beach FL 34957 Residential Market has eased from last month, thought still an active market. Inventory was off slightly after two months og gains while both pending and closed sales decreased for December.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.5 months ( was 4.9 months in November). Still in a sellers’ market for the Jensen Beach residential real estate segment. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The December 2015 numbers were: 121 active listings, 68 pending sales and 28 home sales closed. Higher sales volume this year, thoguh with considerably greater inventory. Pending sales are off as well when compared to last year.

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Jensen Beach FL 34957 Residential Market Report December 2016

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