Jensen Beach FL 34957 Residential Market Report June 2017
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2017
For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida:
There are currently 176 active listings. (Down by 2 homes from last month)
58 Residential sales are pending and awaiting close or lender approval. (Down by 19 homes from May)
47 Homes Sold (No change from May)
The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume. A second month in a row with a sizeable drop in pending sales. The inventory is also fairly large when compared to last summer.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.7 months ( was 3.8 months in May). Remaining in a strong seller’s market for June. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2016 numbers were: 99 active listings, 70 pending sales, and 37 home sales closed. Better closed activity this year, but also a much higher inventory and lwer pending sales.
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