Jensen Beach Florida Market Report ZIP Code 34957 Residential October 2013
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2013
For October 2013in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 127 active listings. (An increase of 3 homes from last month)
75 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from September)
17 Homes Sold (Decreased by 11 homes from September)
For October 2013 the most significant change for the Jensen Beach residential real estate market, zip code 34957 was a considerable drop in closed sales. An increase in pending sales bodes well for future sales as does the second month of a slowly increasing inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 7.5 months (4.4 months in September). A slight buyer’s market for now. A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2012 numbers were: 109 active listings, 74 pending sales and 24 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. Overall the activity for this year was not as good as for 2012.
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:
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