Jensen Beach FL 34957 Residential Market Report February 2019
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2019
For February 2019 in the 34957 Zip Code area of Jensen Beach, Florida:
There are currently 251 active listings. (Up by 30 home from last month)
55 Residential sales are pending and awaiting close or lender approval. (Increased by 1 home from January)
29 Homes Sold (Decreased by 3 homes from January)
The Jensen Beach FL 34957 Residential Market has shown increasing inventory and increasing sales, though the pace of sales is not keeping up with the increasing number of homes for sale.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.7 months ( was 8.5 months in January). Remaining in a buyer’s market for Jensen Beach homes. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2018 numbers were: 193 active listings, 74 pending sales, and 40 home sales closed. Much better sales activity last year. Inventory has grown appreciably and sales are not keeping up.
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