Jensen Beach FL 34957 Residential Market Report February 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2018
For February 2018 in the 34957 Zip Code area of Jensen Beach, Florida:
There are currently 193 active listings. (Unchanged from last month)
74 Residential sales are pending and awaiting close or lender approval. (Up by 5 homes from January)
40 Homes Sold (Increased by 16 homes from January)
The Jensen Beach FL 34957 Residential Market came back strong for februaryafter a somewhat lackluster beginning to 2018.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.8 months ( was 8.0 months in January). Back into a seller’s market for Jensen Beach residential sales after a brief two months as a balanced and buyer’s market. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2017 numbers were: 190 active listings, 96 pending sales, and 27 home sales closed. Stronger sales volume this February but not quite as robust volume in the pending numbers.
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