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Jensen Beach FL 34957 Residential Market Report August 2015

Jensen Beach FL 34957 Residential Market Report August 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2015

 For August 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 108 active listings. (Up by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2015

77 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2015

30 Homes Sold (Decreased by 5 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2015

The Jensen Beach FL 34957 Residential Market eased for the second month in a row, yet this is still very much of a sellers market.  We’ve had two months of increasing inventory which is good news for buyers and the general health of this market.  Going into the holiday months, I expect sales activity to decrease until we get into our next season.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.9 months (was 3.1 months in July).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2014 numbers were: 104 active listings, 74 pending sales and 29 home sales closed.   Much less pending activity as compared to last year and similar closed activity.  Inventory is greater this year which is very unusual for our market at this time.
Jensen Beach FL 34957 Residential Market Report August 2015

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Jensen Beach FL 34957 Residential Market Report August 2015

Jensen Beach FL 34957 Residential Market Report July 2015

Jensen Beach FL 34957 Residential Market Report July 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2015

 For July 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 108 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2015

85 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2015

35 Homes Sold (Decreased by 11 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2015

The Jensen Beach FL 34957 Residential Market eased a little for July in sales activity.  Though it remains quite strong and we wouldn’t mind seeing a bit more inventory come on the market to make this activity a bit more sustainable for the future..  The Jensen Beach residential sales activity remains among the strongest of the County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 3.1 months (was 2.6 months in June).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2014 numbers were: 104 active listings, 76 pending sales and 29 home sales closed.   One of our few areas in Martin County where the inventory this year exceeds last year’s.  Market activity for 2015 is also much better than last year.
Jensen Beach FL 34957 Residential Market Report July 2015

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Jensen Beach FL 34957 Residential Market Report July 2015

Jensen Beach FL 34957 Residential Market Report June 2015

Jensen Beach FL 34957 Residential Market Report June 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2015

 For June 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 119 active listings. (Down by 16 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2015

90 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2015

46 Homes Sold (Increased by 15 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2015

The Jensen Beach FL 34957 Residential Market resumed it’s torrid pace for the year after just a slight breather in May.  Very strong activity in Jensen Beach residential sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.6 months (was 4.4 months in May).  A very strong sellers market for Jensen Beach home sales but heading towards a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2014 numbers were: 122 active listings, 62 pending sales and 25 home sales closed.   Much better volume this year and encouragingly Jensen Beach inventory hasn’t declined as much as some other parts of Martin County.
Jensen Beach FL 34957 Residential Market Report June 2015

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Jensen Beach FL 34957 Residential Market Report June 2015

Jensen Beach FL 34957 Residential Market Report May 2015

Jensen Beach FL 34957 Residential Market Report May 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2015

 For May 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 135 active listings. (Down by 10 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2015

92 Residential sales are pending and awaiting close or lender approval. (Up by 4 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2015

31 Homes Sold (Decreased by 17 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2015

The Jensen Beach FL 34957 Residential Market eased a little from the torrid pace of last month, though still an extreme sellers market.  Interestingly, Jensen Beach is one of our only markets with an increase of inventory from last year.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (was 3.0 months in April).  Still a sellers market for Jensen Beach home sales but heading towards a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2014 numbers were: 112 active listings, 72 pending sales and 42 home sales closed.   Better closed volume last year while pending sales are stronger this year.
Jensen Beach FL 34957 Residential Market Report May 2015

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Jensen Beach FL 34957 Residential Market Report May 2015

Jensen Beach FL 34957 Residential Market Report April 2015

Jensen Beach FL 34957 Residential Market Report April 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2015

 For April 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 145 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2015

88Residential sales are pending and awaiting close or lender approval. (Up by 3 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2015

48 Homes Sold (Increased by 19 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2015

The Jensen Beach FL 34957 Residential Market had an exceptionally strong April for closed sale.  Pending sales also continue to look good.  Also, a good sign that the available inventory did not decrease and actually rose by a marginal amount.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.0 months (was 4.9 months in March).  An extreme sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2014 numbers were: 135 active listings, 80 pending sales and 40 home sales closed.   Improved activity from a very strong April of 2014.  We are now seeing some bidding wars for well placed and attractive Jensen beach homes.
Jensen Beach FL 34957 Residential Market Report April 2015

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Jensen Beach FL 34957 Residential Market Report April 2015

Jensen Beach FL 34957 Residential Market Report March 2015

Jensen Beach FL 34957 Residential Market Report March 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2015

 For March 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 142 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2015

85 Residential sales are pending and awaiting close or lender approval. (Up by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2015

29 Homes Sold (Increased by 2 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2015

The Jensen Beach FL 34957 Residential Market continues to show good strong activity with a strong increase in pending sales for this month and a slight drop in closed sales.  The available inventory also took a slight decrease.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.9 months (was 5.6 months in February).  Still in a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2013 numbers were: 124 active listings, 97 pending sales and 29 home sales closed.   Similar activity to last year.  Though, interestingly Jensen Beach is one of the few areas in Martin County with increased inventory for 2015 as compared to last year.
Jensen Beach FL 34957 Residential Market Report March 2015

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Jensen Beach FL 34957 Residential Market Report March 2015

Jensen Beach FL 34957 Residential Market Report February 2015

Jensen Beach FL 34957 Residential Market Report February 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2015

 For February 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 146 active listings. (Down by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2015

85 Residential sales are pending and awaiting close or lender approval. (Up by 20 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2015

26 Homes Sold (Decreased by 2 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2015

The Jensen Beach FL 34957 Residential Market continues to show good strong activity with a strong increase in pending sales for this month and a slight drop in closed sales.  The available inventory also took a slight decrease.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased slightly to 5.6 months (was 5.5 months in January).  Still in a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2013 numbers were: 144 active listings, 82 pending sales and 26 home sales closed.   Almost identical activity to last year’s February numbers.
Jensen Beach FL 34957 Residential Market Report February 2015

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Jensen Beach FL 34957 Residential Market Report February 2015

Jensen Beach FL 34957 Residential Market Report January 2015

Jensen Beach FL 34957 Residential Market Report January 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2015

 For January 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 153 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2015

65 Residential sales are pending and awaiting close or lender approval. (Up by 9 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2015

28 Homes Sold (Decreased by 5 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2015

The Jensen Beach FL 34957 Residential Market Report continued strong positive sales results into the start of 2015.  Inventory has gone above 2014 levels, after almost a year of lower available homes.  Sales were off by a little for January but pending sales continue to be very strong.  This part of the Martin County residential market remains very active.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 5.5 months (was 4.2 months in December).  Still in a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2013 numbers were: 149 active listings, 70 pending sales and 20 home sales closed.   With similar inventory as compared to 2014, this year’s activity is better.
Jensen Beach FL 34957 Residential Market Report January 2015

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Jensen Beach FL 34957 Residential Market Report January 2015

Jensen Beach FL 34957 Residential Market Report December 2014

Jensen Beach FL 34957 Residential Market Report December 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2014

 For December 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 140 active listings. (Up by 6 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2014

56 Residential sales are pending and awaiting close or lender approval. (Up by 1 home from November)

Jensen Beach FL 34957 Residential Market Report December 2014

33 Homes Sold (Increased by 9 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2014

The Jensen Beach FL 34957 Residential Market Report shows a strong ending to 2014.  Another small rise in inventory along with a nice jump in closed sales.  Pending sales remained steady with an increase iin 1 home
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.2 months (was 5.6 months in November).  Drifting into even a stroger sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2013 numbers were: 135 active listings, 51 pending sales and 27 home sales closed.  Slightly higher inventory this year as compared to last. Also, better market activity for both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report December 2014

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Jensen Beach FL 34957 Residential Market Report December 2014

Jensen Beach FL 34957 Residential Market Report November 2014

Jensen Beach FL 34957 Residential Market Report November 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2014

 

 For November 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 134 active listings. (Up by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2014

 

55 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2014

 

24 Homes Sold (Increased by 2 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2014

 

The Jensen Beach FL 34957 Residential Market Report showed similar activity to last month.  The inventory rose for the second month in a row, while pending sales were off by 7 homes.  Closed sales were up slightly
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 5.6 months (was 5.7 months in October).  Still a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The November 2013 numbers were: 135 active listings, 60 pending sales and 32 home sales closed.  2013 was a more active market for the Jensen Beach residential segment. 
 
Jensen Beach FL 34957 Residential Market Report November 2014 
 

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Jensen Beach FL 34957 Residential Market Report November 2014

Jensen Beach FL 34957 Residential Market Report October 2014

Jensen Beach FL 34957 Residential Market Report October 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2014

 

 For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 125 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2014

 

62 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

22 Homes Sold (Decreased by 17 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

The Jensen Beach FL 34957 Residential Market Report finally slowed from its very active summer activity for October.  The inventory rose and both pending and closed sales were off for this month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.7 months (was 2.9 months in September).  Still a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The October 2013 numbers were: 127 active listings, 75 pending sales and 17 home sales closed.  better closed activity for this year, but not quite as good in the pending sales department.
 Jensen Beach FL 34957 Residential Market Report October 2014
 
 

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Jensen Beach FL 34957 Residential Market Report October 2014

Jensen Beach FL 34957 Residential Market Report September 2014

Jensen Beach FL 34957 Residential Market Report September 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2014

 

 For September 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 112 active listings. (Up by 8 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2014

 

74 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2014

 

39 Homes Sold (Increased by 10 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2014

 

The Jensen Beach FL 34957 Residential Market Report had continued strong activity from August to September.  Unfortunately the pending sales decreased for the month which may be an indication of some slower sales in the coming months.  Nice increases in both active listings and closed sales.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 2.9 months (was 3.6 months in August).  A very strong sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The September 2013 numbers were: 124 active listings, 69 pending sales and 28 home sales closed.  Better activity this year.  Especially when considering the reduced inventory.  The Jensen Beach residential real estate market remains the most active in Martin County.
 
Jensen Beach FL 34957 Residential Market Report September 2014 
 

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Jensen Beach FL 34957 Residential Market Report September 2014

Jensen Beach FL 34957 Residential Market Report August 2014

Jensen Beach FL 34957 Residential Market Report August 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2014

 

 For August 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 104 active listings. (No change from last month)

Jensen Beach FL 34957 Residential Market Report August 2014

 

74 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2014

 

29 Homes Sold (No change from July)

Jensen Beach FL 34957 Residential Market Report August 2014

 

The Jensen Beach FL 34957 Residential Market Report had continued strong activity from July to August.  Other than a small drop in pending sales, activity for August was identical to last month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957  remains at 3.6 months (also 3.6 months in July).  Still a strong sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2013 numbers were: 122 active listings, 71 pending sales and 25 home sales closed.  Better activity this year.  Especially when considering the reduced inventory.  The Jensen Beach residential real estate market is currently the most active in Martin County.
Jensen Beach FL 34957 Residential Market Report August 2014 
 

 

 

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Jensen Beach FL 34957 Residential Market Report August 2014

 

Jensen Beach FL 34957 Residential Market Report July 2014

Jensen Beach FL 34957 Residential Market Report July 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2014

 

 For July 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 104 active listings. (Decreased by 18 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2014

 

76 Residential sales are pending and awaiting close or lender approval. (Up by 14 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2014

 

29 Homes Sold (Up by 4 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2014

 

The Jensen Beach FL 34957 Residential Market Report showed a nice rebound from reduced June activity.  Both pending and closed sales rose.  Unfortunately the active inventory dropped for the month making for fewer choices for Jensen Beach buyers.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.6 months (4.9 months in June).  Still a strong sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The July 2013 numbers were: 122 active listings, 72 pending sales and 24 home sales closed.  Better activity this year.  Especially when considering the reduced inventory.  The Jensen Beach residential real estate market is currently the most active in Martin County.
Jensen Beach FL 34957 Residential Market Report July 2014 

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Jensen Beach FL 34957 Residential Market Report July 2014

 

Jensen Beach FL 34957 Residential Market Report June 2014

Jensen Beach FL 34957 Residential Market Report June 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2014

 For June 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 122 active listings. (Increased by 10 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2014

 

62 Residential sales are pending and awaiting close or lender approval. (Down by 10 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2014

 

25 Homes Sold (Decreased by 17 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2014

 

Following an exceptionally strong May, the Jensen Beach FL 34957 Residential Market Report cooled a bit for June 2014.  Pending sales dropped for the third month in a row, which way be an indication of some future weakness in the number of sales.  Closed sales unfortunately declined.  There was also a nice little increase in inventory making a greater choice of homes for those looking in Jensen Beach.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.9 months (2.7 months in May).  Still a strong sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The June 2012 numbers were: 112 active listings, 75 pending sales and 31 home sales closed.  Last years activity was still better for Jensen Beach.  This is a hot segment of the Martin County residential real estate market.
 
Jensen Beach FL 34957 Residential Market Report June 2014
 
 

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Jensen Beach FL 34957 Residential Market Report June 2014

Jensen Beach FL 34957 Residential Market Report May 2014

Jensen Beach FL 34957 Residential Market Report May 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2014

 For May 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 112 active listings. (Decreased by 23 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2014

72 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2014

42 Homes Sold (Increased by 2 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2014

Continued strong closed sales numbers for the Jensen Beach FL 34957 Residential Market Report May 2014.  Unfortunately pending sales dropped for the second month in a row, which way be an indication of some future weakness in the number of sales.  The inventory also dropped significantly making fewer homes available for buyers to have access to.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months (3.4 months in April).  An exceptionally strong sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The May 2012 numbers were: 103 active listings, 76 pending sales and 27 home sales closed.   Considerably stronger closed sales this year as compared to 2013.  I don’t believe this level of activity is sustainable in Jensen Beach, as I’m expecting a gradual move back towards a balanced market in the coming months. 
 
(Please disregard the one sale at 908% of list price.  This is a data error that has not been corrected to date.)
Jensen Beach FL 34957 Residential Market Report May 2014
 
 

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Jensen Beach FL 34957 Residential Market Report May 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2014

 

For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 29 active listings. (Increased by 6 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condos Sold (Down by 7 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos.  April saw the first increase in inventory in four months for the Jensen beach Condo market.   Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed.   2013 had a much more active market.

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2014

 For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 135 active listings. (Increased by 11 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

80 Residential sales are pending and awaiting close or lender approval. (Down by 17 homes from March)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

40 Homes Sold (Increased by 11 homes from March)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

The April 2014 Jensen Beach residential real estate market, zip code 34957 had excellent closed activity for the month.  Unfortunately pending sales dropped, which way be an indication of some future weakness in the number of sales.  Inventory increased for the first time in three months, which will hopefully spur demand from buyers as there’s a greater selection to choose from.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (4.3 months in March).  Continuing a very strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The April 2012 numbers were: 116 active listings, 84 pending sales and 32 home sales closed.   Better activity, if only slightly, this year as compared to April 2013.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2014

For March 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 23 active listings. (Decreased by 4 condos from February)

18 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from February)

16 Condos Sold (Up by 10 condos from February)

 The Jensen Beach Condo market (zip code 34957) is a very small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last three months in a row.   For as small a segment as this is, activity for March was quite strong with only a small drop in pending sales and and a very strong jump in the closed sale numbers.

The one month absorption rate for the March 2014, Jensen Beach Florida Market Report ZIP Code 34957 is at an incredible 1.4 months (4.5 months in February), meaning the average condo is selling in under 90 days.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2012 numbers were: 54 active listings, 28 pending sales and 13 condos closed.   Better absolute numbers last year, but there was more than double the inventory.  With such low numbers of available condos in the Jensen Beach zip code, I’m predicting considerably slower activity for the near future.

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2014

 For March 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 124 active listings. (Decreased by 20 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 

97 Residential sales are pending and awaiting close or lender approval. (Up by 15 homes from February)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014
 29 Homes Sold (Increased by 3 homes from February)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

The March 2014 Jensen Beach residential real estate market, zip code 34957 showed a second strong month in a row with gains in activity for both pending and closed sales.   Inventory decreased for the second month in a row.  Pretty impressive results as some other zip code areas of Martin County are not doing quite as well as Jensen Beach.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.3  months (5.5 months in February).  A strong sellers market now exists in Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The March 2012 numbers were: 119 active listings, 86 pending sales and 25 home sales closed.   Fairly similar activity to last year, though the pending sales are stronger.  This may lead to continued strong sales in the coming months.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014 
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014