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

August 25, 2012/Gabe Sanders/Market Reports, Real Estate

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

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

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

There are currently 113 active listings. (Down 8 homes from last month)

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94 Residential sales are pending and awaiting close or lender approval. (Up 6 homes from June)

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22 Homes Sold (Down 3 homes from June)

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Another positive month for the Jensen Beach residential real estate market, zip code 34957. Inventory declined again for July and is now at quite low numbers of available homes for sale. Closed sales declined fractionally, while pending sales increased.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 5.1 months. This signifies a sellers market, in which the seller has an advantage over the buyer due to low inventory and increased demand. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

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