Jensen Beach Florida Market Report ZIP Code 34957 Residential May 2013
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2013
For May 2013in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 103 active listings. (A decrease of 13 homes from last month)
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76 Residential sales are pending and awaiting close or lender approval. (Down 8 homes from April)
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27 Homes Sold (Down by 5 homes from April)
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The Jensen Beach residential real estate market, zip code 34957 for May eased a bit from the strong April with 5 fewer closed sales as well as less pending inventory as well. The available inventory is also down. Pressure is on for higher prices but the market is resisting it with fewer sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is currently 3.8 months, now a strong seller’s market. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2012 numbers were: 139 active listings, 82 pending sales and 18 home sales closed. Still a strong market compared to last year when the available inventory is factored in.
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