Jensen Beach Florida Market Report ZIP Code 34957 – Residential, December 2012

January 21, 2013/Gabe Sanders/Market Reports, Real Estate

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, December 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2012

For December 2012in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 113 active listings. (Up 2 homes from last month)

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52 Residential sales are pending and awaiting close or lender approval. (Down 21 homes from November)

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26 Homes Sold (Up 3 homes from November)

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The Jensen Beach residential real estate market, zip code 34957 for December showed a marked decrease in pending activity. This is a typical result for the holidays as the traffic is generally lower. Closed sales were up slightly and the inventory was also up slightly.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 4.3 months. This is a market that favors sellers over buyers. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The December 2011 numbers were: 279 active listings, 75 pending sales and 25 home sales closed. Considering the reduced inventory, the Jensen Beach real estate market activity is doing quite well.

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