Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2013

 

For July 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 31 active listings. ( No change from June)

Active Listings - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

19 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from June)

Pending - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 

9 Condos Sold (An increase of 2 condos from June)

Sold Listings - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low (though unchanged from June).   Pending sales were off slightly (not unexpected as the inventory is so low) while sales were up by two units.

The one month absorption rate for the July 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.4 months, signifying a shift to a strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The July 2012 numbers were: 54 active listings, 23 pending sales and 5 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.


 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Market Summary - Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

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