Jensen Beach FL 34957 Residential Market Report November 2018

Jensen Beach FL 34957 Residential Market Report November 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2018

 For November 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 188 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2018

44 Residential sales are pending and awaiting close or lender approval. (Down by 3 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2018

29 Homes Sold (Decreased by 11 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2018

The Jensen Beach FL 34957 Residential Market transitioned into a balanced market on reduced sales activity and an increase in available homes for sale.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.5 months ( was 4.5 months in October).  Transitioning into a balanced market for Jensen Beach residential segemnt for the first time in quite a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2017 numbers were: 160 active listings, 51 pending sales, and 28 home sales closed.  Similar sales activity year to year.  Though, for this year, there’s a greater number of available homes for sale.
Jensen Beach FL 34957 Residential Market Report November 2018
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Jensen Beach FL 34957 Residential Market Report November 2018

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