Jensen Beach FL 34957 Residential Market Report March 2016

Jensen Beach FL 34957 Residential Market Report March 2016

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

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

 There are currently 124 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2016

66 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2016

29 Homes Sold (Increased by 9 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2016

The Jensen Beach FL 34957 Residential Market had a good strong March with increased closed sales.  Unfortunately pending sales were off slightly and the inventory was also down a little.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.4 months in February).  After one month in a balanced market, we’re back into a sellers market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2015 numbers were: 142 active listings, 85 pending sales and 29 home sales closed.   The same number of closed sales for this year when compared to March of 2015 with less inventory and also less homes under contract.
Jensen Beach FL 34957 Residential Market Report March 2016

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Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach FL 34957 Residential Market Report March 2016

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