Jensen Beach FL 34957 Residential Market Report October 2018

Jensen Beach FL 34957 Residential Market Report October 2018

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

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

 There are currently 181 active listings. (Up by 18 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2018

47 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2018

40 Homes Sold (Decreased by 8 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2018

The Jensen Beach FL 34957 Residential Market ad a sizeable drop in pending sales while closed sales remain strong.  There’s also a fairly steady supply of inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.5 months ( was 3.4 months in September).  Remaining in a seller’s market for Jensen Beach residential market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2017 numbers were: 143 active listings, 52 pending sales, and 39 home sales closed.  Similar sales activity year to year.  Though, for this year, there’s a much greater volume of available homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2018
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Jensen Beach FL 34957 Residential Market Report October 2018

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