Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2013
For June 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 31 active listings. ( A decrease of 13 condos from May)
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24 Condo sales are pending and awaiting close or lender approval. (Unchanged from May)
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7 Condos Sold (Unchanged from May)
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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. No changes for the June numbers for both pending and closed sales while the inventory dropped by close to 25% to only 31 active units. If this low level continues, sales numbers are almost a certainty to drop lower.
The one month absorption rate for the June 2013, Jensen Beach Florida Market Report ZIP Code 34957 is now down to 4.4 months, signifying a shift to a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.
The June 2012 numbers were: 58 active listings, 21 pending sales and 6 condos closed. When the reduced inventory is factored into this activity, this years numbers are much more active.
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
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Jensen Beach Florida Real Estate presented by:
Gabe Sanders
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