Jensen Beach FL 34957 Residential Market Report May 2019
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2019
For May 2019 in the 34957 Zip Code area of Jensen Beach, Florida:
There are currently 223 active listings. (Down by 3 homes from last month)
67 Residential sales are pending and awaiting close or lender approval. (Decreased by 14 homes from April)
58 Homes Sold (Increased by 6 homes from April)
The Jensen Beach FL 34957 Residential Market continues to be an active market with strong sales volume. Unfortunately, there was a drop in pending sales this month which may have an effect on closed sales for the near future.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.8 months ( was 5.8 months in April). An even stronger seller’s market for Jensen Beach homes than last month. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2018 numbers were: 159 active listings, 90 pending sales, and 60 home sales closed. A second consecutive month of better activity last year even though there is a greater number of homes available for sale in Jensen Beach this year.
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Jensen Beach Florida Real Estate presented by:
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