Jensen Beach Florida Market Report ZIP Code 34957 – Residential, November 2012
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2012
For November 2012in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 111 active listings. (Up 2 homes from last month)
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73 Residential sales are pending and awaiting close or lender approval. (Down 1 homes from October)
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23 Homes Sold (Down 1 home from October)
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The Jensen Beach residential real estate market, zip code 34957 for November remained mostly unchanged from October, with only a slight drop in activity levels. Two additional homes in the active inventory while 1 less pending and closed sale were the November 2012 results. This is a small market for the Jensen beach area of Martin County, yet it remains highly desirable with the highest absorption rate in the county.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is 4.8 months. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2011 numbers were: 152 active listings, 80 pending sales and 16 home sales closed. Even with significantly less inventory, much better sales figures for November 2012.
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