Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

December 20, 2013/Gabe Sanders/Featured, Market Reports, Real Estate

Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2013

For November 2013in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 135 active listings. (An increase of 8 homes from last month)

60 Residential sales are pending and awaiting close or lender approval. (Down by 15 homes from October)

32 Homes Sold (Increased by 15 homes from October)

The November 2013 Jensen Beach residential real estate market, zip code 34957 showed a welcome increase in closed sales as well as a needed increase in inventory. Unfortunately, pending sales were off for the month.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.4 months (7.5 months in October). Now a strong seller’s market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The November 2012 numbers were: 111 active listings, 73 pending sales and 23 home sales closed. Interestingly the inventory for the Jensen Beach residential real estate market is higher this year than last, unlike most other parts of Martin County. Pending sales this year are down compared to last, while closed sales are better.

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

Jensen Beach Florida Market Report ZIP Code 34957 Residential November 2013

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