Jensen Beach FL 34957 Residential Market Report October 2019

Jensen Beach FL 34957 Residential Market Report October 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2019

 There are currently 210 active listings. (Up by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2019

70 Residential sales are pending and awaiting close or lender approval. (Increased by 13 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2019

33 Homes Sold (Down by 5 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2019

The Jensen Beach FL 34957 Residential Market had both the inventory and pending sales rise for October.  While the number of closed sales dropped slightly.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.4 months ( was 5.1 months in September).  Transitioning into a balanced market for Jensen Beach homes 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 the buyer.
The October 2018 numbers were: 181 active listings, 47 pending sales, and 40 home sales closed.  There was better activity last year even with a significantly lower inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2019
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Jensen Beach FL 34957 Residential Market Report October 2019

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