Jensen Beach FL 34957 Condo Market Report December 2018

Jensen Beach FL 34957 Condo Market Report December 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2018

For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 110 active listings. (Increased by 10 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2018

18 Condo sales are pending and awaiting settlement. (Down by 6 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2018

12 Condos Sold (Down by 3 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2018

 The Jensen Beach FL 34957 Condo Market Report had c continued increase in inventory and unfortunately a decrease in both pending and closed sales..

The one-month absorption rate for the December 2018, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 9.2 months (from 6.7 months in November), now a buyer’s market for the first time in quite a while.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The December 2017 numbers were: 108 active listings, 26 pending sales, and 16 condos closed.  There was considerably better activity last year.

Jensen Beach FL 34957 Condo Market Report December 2018

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Jensen Beach FL 34957 Condo Market Report December 2018

Jensen Beach FL 34957 Residential Market Report December 2018

Jensen Beach FL 34957 Residential Market Report December 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2018

 For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 187 active listings. (Down by 1 home from last month)

Jensen Beach FL 34957 Residential Market Report December 2018

44 Residential sales are pending and awaiting close or lender approval. (Unchanged from November)

Jensen Beach FL 34957 Residential Market Report December 2018

35 Homes Sold (Increased by 6 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2018

The Jensen Beach FL 34957 Residential Market had increased sales fro last month and very little other changes.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.3 months ( was 6.5 months in November).  Transitioning back into a seller’s market for Jensen Beach residential segment after only one month as a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2017 numbers were: 167 active listings, 52 pending sales, and 24 home sales closed. Better sales activity this year.  But, less pending activity on an increased number of homes for sale in Jensen Beach.
Jensen Beach FL 34957 Residential Market Report December 2018
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Jensen Beach FL 34957 Residential Market Report December 2018

Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2018

For November 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 100 active listings. (Increased by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

24 Condo sales are pending and awaiting settlement. (Up by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

15 Condos Sold (Down by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

 The Jensen Beach FL 34957 Condo Market Report had an increase in inventory and pending sales along with a decrease in closed sales.

The one-month absorption rate for the November 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 6.7 months (from 5.8 months in October), transitioning into a balanced market for the first time in quite a while.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The November 2017 numbers were: 106 active listings, 24 pending sales, and 17 condos closed.  Very similar activity when compared to last year.

Jensen Beach FL 34957 Condo Market Report November 2018

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Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach FL 34957 Residential Market Report November 2018

Jensen Beach FL 34957 Residential Market Report November 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2018

 For November 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 188 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2018

44 Residential sales are pending and awaiting close or lender approval. (Down by 3 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2018

29 Homes Sold (Decreased by 11 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2018

The Jensen Beach FL 34957 Residential Market transitioned into a balanced market on reduced sales activity and an increase in available homes for sale.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.5 months ( was 4.5 months in October).  Transitioning into a balanced market for Jensen Beach residential segemnt for the first time in quite a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2017 numbers were: 160 active listings, 51 pending sales, and 28 home sales closed.  Similar sales activity year to year.  Though, for this year, there’s a greater number of available homes for sale.
Jensen Beach FL 34957 Residential Market Report November 2018
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Jensen Beach FL 34957 Residential Market Report November 2018

Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2018

For October 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 98 active listings. (Increased by 12 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

22 Condo sales are pending and awaiting settlement. (Down by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

17 Condos Sold (Down by 10 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show good activity.  Unfortunately not as robust as last month or last year.

The one-month absorption rate for the October 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 5.8 months (from 3.2 months in September), remaining in a seller’s market but inching close to a balanced one.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The October 2017 numbers were: 84 active listings, 32 pending sales, and 24 condos closed.  Considerably stronger activity last year and on a smaller inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report October 2018

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Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach FL 34957 Residential Market Report October 2018

Jensen Beach FL 34957 Residential Market Report October 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2018

 For October 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 181 active listings. (Up by 18 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2018

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

Jensen Beach FL 34957 Residential Market Report October 2018

40 Homes Sold (Decreased by 8 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2018

The Jensen Beach FL 34957 Residential Market ad a sizeable drop in pending sales while closed sales remain strong.  There’s also a fairly steady supply of inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.5 months ( was 3.4 months in September).  Remaining in a seller’s market for Jensen Beach residential market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2017 numbers were: 143 active listings, 52 pending sales, and 39 home sales closed.  Similar sales activity year to year.  Though, for this year, there’s a much greater volume of available homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2018
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Jensen Beach FL 34957 Residential Market Report October 2018

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2018

For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Increased by 5 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condos Sold (Unchanged from August)

Jensen Beach FL 34957 Condo Market Report September 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show strong activity.  There was a troubling drop in pending sale for the month.  This may be an indicator of slower sales in the immediate future.

The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed.  Slightly stronger sales this year but also on a greater inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report September 2018

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Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach FL 34957 Residential Market Report September 2018

Jensen Beach FL 34957 Residential Market Report September 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2018

 For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 163 active listings. (Up by 1 home from last month)

Jensen Beach FL 34957 Residential Market Report September 2018

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

Jensen Beach FL 34957 Residential Market Report September 2018

48 Homes Sold (Increased by 3 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2018

The Jensen Beach FL 34957 Residential Market ad a sizeable drop in pending sales while closed sales remain strong.  There’s also a fairly steady supply of inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.4 months ( was 3.6 months in August).  Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2017 numbers were: 142 active listings, 55 pending sales, and 29 home sales closed.  Better activity this year but also with a greater inventory of available homes for sale.
Jensen Beach FL 34957 Residential Market Report September 2018
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Jensen Beach FL 34957 Residential Market Report September 2018

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2018

For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Decreased by 5 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

27 Condos Sold (Up by 1 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

 The Jensen Beach FL 34957 Condo Market Report for August continued remained very active and is one of the strongest markets in the Martin County area.  Both pending and closed sales increased slightly along with another drop in the inventory of available condos for sale.

The one-month absorption rate for the August 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched down to 3.0 months (from 3.3 months in July), remaining in a strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The August 2017 numbers were: 80 active listings, 41 pending sales, and 26 condos closed.  Very similar market activity when compared to last year.

Jensen Beach FL 34957 Condo Market Report August 2018

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Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach FL 34957 Residential Market Report August 2018

Jensen Beach FL 34957 Residential Market Report August 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2018

 For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 162 active listings. (Down by 6 from last month)

Jensen Beach FL 34957 Residential Market Report August 2018

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

Jensen Beach FL 34957 Residential Market Report August 2018

45 Homes Sold (Decreased by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2018

The Jensen Beach FL 34957 Residential Market remains strong and active. Unlike much of the rest of Martin County, the inventory remains fairly strong.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.6 months ( was 3.6 months in July).  Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2017 numbers were: 143 active listings, 77 pending sales, and 48 home sales closed.  Slightly better sales and pending activity last year.  Interestingly, this is with a higher inventory of available condos for sale this year.
Jensen Beach FL 34957 Residential Market Report August 2018
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Jensen Beach FL 34957 Residential Market Report August 2018

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2018

For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Decreased by 16 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

34 Condo sales are pending and awaiting settlement. (Down by 4 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

26 Condos Sold (Down by 5 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

 The Jensen Beach FL 34957 Condo Market Report for July continued to show strong sales activity.  Both pending and closed sales decreased slightly along with a little larger drop in the inventory of available condos for sale.

The one-month absorption rate for the July 2018, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.3 months (from 3.3 months in June), still a very strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The July 2017 numbers were: 93 active listings, 35 pending sales, and 32 condos closed.  Slightly stronger activity last year.

Jensen Beach FL 34957 Condo Market Report July 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach FL 34957 Residential Market Report July 2018

Jensen Beach FL 34957 Residential Market Report July 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2018

 For July 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 168 active listings. (Down by 2 from last month)

Jensen Beach FL 34957 Residential Market Report July 2018

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

Jensen Beach FL 34957 Residential Market Report July 2018

47 Homes Sold (Decreased by 12 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2018

The Jensen Beach FL 34957 Residential Market remains very active.  Unusually, the Jensen Beach single family real estate market has not suffered any large drop in inventory compared to last July.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months ( was 2.9 months in June).  Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2017 numbers were: 165 active listings, 79 pending sales, and 27 home sales closed.  Much stronger closed activity this year with similar inventory and pending numbers when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2018
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Jensen Beach FL 34957 Residential Market Report July 2018

Jensen Beach FL 34957 Condo Market Report June 2018

Jensen Beach FL 34957 Condo Market Report June 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2018

For June 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 103 active listings. (Decreased by 5 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2018

38 Condo sales are pending and awaiting settlement. (Down by 5 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2018

31 Condos Sold (Unchanged from May)

Jensen Beach FL 34957 Condo Market Report June 2018

 The Jensen Beach FL 34957 Condo Market Report for June continued to show strong sales activity.  Small decreases in pending sales and inventory as compared to last month.

The one-month absorption rate for the June 2018, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.3 months (from 3.5 months in May), still in a seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The June 2017 numbers were: 105 active listings, 44 pending sales, and 31 condos closed.  Not any significant difference from last years numbers.

Jensen Beach FL 34957 Condo Market Report June 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report June 2018

Jensen Beach FL 34957 Residential Market Report June 2018

Jensen Beach FL 34957 Residential Market Report June 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2018

 For June 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 170 active listings. (Up by 11 from last month)

Jensen Beach FL 34957 Residential Market Report June 2018

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

Jensen Beach FL 34957 Residential Market Report June 2018

59 Homes Sold (Decreased by 1 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2018

The Jensen Beach FL 34957 Residential Market continues to have very strong activity.  The Jensen beach inventory is also not significantly lower than last year, which is unusual for Martin County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 2.9 months ( was 2.7 months in May).  Remaining in a very strong seller’s market for Jensen Beach residential sales after a month that inched close to 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 2017 numbers were: 176 active listings, 58 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.
Jensen Beach FL 34957 Residential Market Report June 2018
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Jensen Beach FL 34957 Residential Market Report June 2018

Jensen Beach FL 34957 Condo Market Report May 2018

Jensen Beach FL 34957 Condo Market Report May 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2018

For May 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 108 active listings. (Decreased by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

43 Condo sales are pending and awaiting settlement. (Up by 3 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

31 Condos Sold (Down by 11 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

 The Jensen Beach FL 34957 Condo Market Report for May continued to show strong sales activity.  Closed sales were off from last month but still strong.  Unfortunately, like in many other Martin County areas, the inventory is decreasing.

The one-month absorption rate for the May 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.5 months (from 2.4 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2017 numbers were: 122 active listings, 44 pending sales, and 28 condos closed.  Quite a similar volume of sales and pending sales when compared to last year but on a reduced number of condos available for sale.

Jensen Beach FL 34957 Condo Market Report May 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report May 2018

Jensen Beach FL 34957 Residential Market Report May 2018

Jensen Beach FL 34957 Residential Market Report May 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2018

 For May 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 159 active listings. (Down by 10 from last month)

Jensen Beach FL 34957 Residential Market Report May 2018

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

Jensen Beach FL 34957 Residential Market Report May 2018

60 Homes Sold (Increased by 1 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

The Jensen Beach FL 34957 Residential Market showed quite strong activity for another month.  The decreasing inventory of available homes for sale is a concern.  It could mean reduced volume of sales in the coming months until this trend reverses itself.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months ( was 2.9 months in April).  A very strong seller’s market for Jensen Beach residential sales after a month that inched close to 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 2017 numbers were: 178 active listings, 77 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.  More impressive when the fact of a significantly lower number of homes are available this year.
Jensen Beach FL 34957 Residential Market Report May 2018
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Jensen Beach FL 34957 Residential Market Report May 2018

Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2018

For April 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 118 active listings. (Increased by 9 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

40 Condo sales are pending and awaiting settlement. (Down by 18 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

42 Condos Sold (Up by 15 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

 The Jensen Beach FL 34957 Condo Market Report for April had a very nice increase in closed sales.  Unfortunately pending sales were down indicating a possibility for a reduced volume of closed sales for the coming months.  Inventory rose from last month which is a good sign and unlike most of the rest of Martin County areas.

The one month absorption rate for the April 2018, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8 months (from 4.0 months in March), an even stronger seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The April 2017 numbers were: 135 active listings, 48 pending sales, and 41 condos closed.  Very similar numbers when compared to last year.

Jensen Beach FL 34957 Condo Market Report April 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach FL 34957 Residential Market Report April 2018

Jensen Beach FL 34957 Residential Market Report April 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2018

 For April 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 169 active listings. (Down by 17 from last month)

Jensen Beach FL 34957 Residential Market Report April 2018

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

Jensen Beach FL 34957 Residential Market Report April 2018

59 Homes Sold (Increased by 15 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2018

The Jensen Beach FL 34957 Residential Market could use some more homes for sale as the current inventory is just flying off the market with brisk sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months ( was 5.5 months in March).  A very strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2017 numbers were: 179 active listings, 98 pending sales, and 49 home sales closed.  Better activity for this year when compared to April 2017.
Jensen Beach FL 34957 Residential Market Report April 2018
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Jensen Beach FL 34957 Residential Market Report April 2018

Jensen Beach FL 34957 Condo Market Report March 2018

Jensen Beach FL 34957 Condo Market Report March 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2018

For March 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 109 active listings. (Decreased by 3 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

58 Condo sales are pending and awaiting settlement. (Up by 12 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

27 Condos Sold (Down by 3 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

 The Jensen Beach FL 34957 Condo Market Report for March had a slightly lower closed sale volume while pending sales increased.  This market is in need of some additional inventory.

The one month absorption rate for the March 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.0 months (from 3.7 months in February), remaining in a seller’s market after a short two months outside of this.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2017 numbers were: 129 active listings, 54 pending sales and 25 condos closed.  Considerably better sales and pending sales this year with a significantly lower inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report March 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report March 2018

Jensen Beach FL 34957 Residential Market Report March 2018

Jensen Beach FL 34957 Residential Market Report March 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2018

 For March 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 186 active listings. (Down by 7 from last month)

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2018

93 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from February)

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2018

34 Homes Sold (Decreased by 6 homes from February)

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2018

The Jensen Beach FL 34957 Residential Market continues to lose some inventory while pending sales took a significant jump withsomewhat slower closed sales volume.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.5 months ( was4.8 months in February).  Remaining as a seller’s market for Jensen Beach residential sales though inching closer to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2017 numbers were: 203 active listings, 82 pending sales, and 58 home sales closed.  Better closed sales last year and better pending sales this year with a lowe inventory of available homes for sale.
 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2018
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Jensen Beach FL 34957 Residential Market Report March 2018