Jensen Beach FL 34957 Residential Market Report January 2017

February 21, 2017/Gabe Sanders/Featured, Market Reports, Real Estate, Top Slider

Jensen Beach FL 34957 Residential Market Report January 2017

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Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2017

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For January 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 198 active listings. (Up by 15 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2017

72 Residential sales are pending and awaiting close or lender approval. (Increased by 19 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2017

34 Homes Sold (Up by 1 home sale from December)

Jensen Beach FL 34957 Residential Market Report January 2017

The Jensen Beach FL 34957 Residential Market had an increase in inventory (as did most segments of the Martin County residential market). Pending sales were up and closed sales rose by one home from last month.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.8 months ( was 5.5 months in December). Still in a sellers’ market for the Jensen Beach residential real estate segment but getting very close to a balanced market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The January 2016 numbers were: 137 active listings, 60 pending sales and 30 home sales closed. Considerably greater inventory this year and only slightly greater closed sales numbers. The pending sales look strong.

Jensen Beach FL 34957 Residential Market Report January 2017

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