Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code January 2014
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2014
For January 2014 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 149 active listings. (Increased by 14 homes from last month)
70 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from December)
20 Homes Sold (Decreased by 7 homes from December)
The January 2014 Jensen Beach residential real estate market, zip code 34957 began the year with less closed sales than December, but also with a nice jump in pending sales indicating good future sales coming. Also of interest, a good increase to the inventory, after many months of decreases.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 7.5 months (5 months in December). Inching back into a slight buyers’ market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2012 numbers were: 122 active listings, 66 pending sales and 14 home sales closed. Stronger activity this year, even with the lower closed sales from last month. Inventory levels are also above last year. With more choices of homes, I expect to see strong results this spring in the Jensen Beach single family real estate market.
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