Jensen Beach Florida Market Report ZIP Code 34957 – Residential, September 2012
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2012
For September 2012 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 128 active listings. (Unchanged from last month)
78 Residential sales are pending and awaiting close or lender approval. (Down 5 homes from August)
25 Homes Sold (Down 1 home from August)
After a very strong spring and early summer for the Jensen Beach residential real estate market, zip code 34957, September was fairly flat. The inventory was unchanged for September. Both closed and pending sales decreased slightly.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 is just over 5 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.
The September 2011 numbers were: 150 active listings, 80 pending sales and 19 home sales closed. Even with significantly less inventory, much better sales figures for September 2012.
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