Jensen Beach FL 34957 Condo Market Report February 2018

Jensen Beach FL 34957 Condo Market Report February 2018

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

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

There are currently 112 active listings. (Decreased by 7 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2018

46 Condo sales are pending and awaiting settlement. (Down by 1 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2018

30 Condos Sold (Up by 15 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2018

 The Jensen Beach FL 34957 Condo Market Report for February doubled the number of sales from last month.  A strong market continues in jensenbeach.

The one month absorption rate for the February 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.7 months (from 7.9 months in January), back into 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 February 2017 numbers were: 123 active listings, 59 pending sales and 16 condos closed.  Better closed sales volume for this year, but higher pending sales volume last February.

Jensen Beach FL 34957 Condo Market Report February 2018

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Jensen Beach FL 34957 Condo Market Report February 2018

Jensen Beach FL 34957 Residential Market Report February 2018

Jensen Beach FL 34957 Residential Market Report February 2018

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

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

 There are currently 193 active listings. (Unchanged from last month)

Jensen Beach FL 34957 Residential Market Report February 2018

74 Residential sales are pending and awaiting close or lender approval. (Up by 5 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2018

40 Homes Sold (Increased by 16 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2018

The Jensen Beach FL 34957 Residential Market came back strong for februaryafter a somewhat lackluster beginning to 2018.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.8 months ( was 8.0 months in January).  Back into a seller’s market for Jensen Beach residential sales after a brief two months as a balanced and buyer’s market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2017 numbers were: 190 active listings, 96 pending sales, and 27 home sales closed.  Stronger sales volume this February but not quite as robust volume in the pending numbers.
Jensen Beach FL 34957 Residential Market Report February 2018
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Jensen Beach FL 34957 Residential Market Report February 2018

Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Condo Market Report January 2018

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

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

There are currently 119 active listings. (Increased by 11 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

47 Condo sales are pending and awaiting settlement. (Up by 21 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

15 Condos Sold (Down by 1 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2018

 The Jensen Beach FL 34957 Condo Market Report for January had a large increase of pending sales which should result in some strong closed sales volume for the coming months.

The one month absorption rate for the January 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.9 months (from 6.8 months in December), drifting into a buyers market for the first time in a while.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2017 numbers were: 132 active listings, 43 pending sales and 16 condos closed.  Very similar activity when compared to last January on less inventory of available condos for this year.

Jensen Beach FL 34957 Condo Market Report January 2018

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Jensen Beach FL 34957 Condo Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

Jensen Beach FL 34957 Residential Market Report January 2018

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

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

 There are currently 193 active listings. (Up by 26 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2018

69 Residential sales are pending and awaiting close or lender approval. (Up by 17 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2018

24 Homes Sold (Unchanged from December)

Jensen Beach FL 34957 Residential Market Report January 2018

The Jensen Beach FL 34957 Residential Market increased in inventory for January as well as a good jump in pending sales while closed sales remained unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.0 months ( was 7.0 months in December).  Into a buyer’s market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2017 numbers were: 198 active listings, 72 pending sales, and 34 home sales closed.  Considerably stronger activity last January.
Jensen Beach FL 34957 Residential Market Report January 2018
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Jensen Beach FL 34957 Residential Market Report January 2018

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2017

For December 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 108 active listings. (Increased by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

26 Condo sales are pending and awaiting settlement. (Up by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

16 Condos Sold (Down by 1 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

 The Jensen Beach FL 34957 Condo Market Report for December had a weaker December than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the December 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.8 months (from 6.2 months in November), remaining in a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2016 numbers were: 134 active listings, 26 pending sales and 19 condos closed.  Slightly better activity this December than for December 2016 with a reduced number of condos for sale (inventory).

Jensen Beach FL 34957 Condo Market Report December 201

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Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

Jensen Beach FL 34957 Residential Market Report December 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2017

 For December 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 167 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2017

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

Jensen Beach FL 34957 Residential Market Report December 2017

24 Homes Sold (Down by 4 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

The Jensen Beach FL 34957 Residential Market had slightly less activity for the end of 2017 than there was in November.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.0 months ( was 5.7 months in November).  Going into a slight buyers market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2016 numbers were: 183 active listings, 53 pending sales, and 33 home sales closed.  Not as good a market in Jensen Beach to close out 2017 as it was in 2016.
Jensen Beach FL 34957 Residential Market Report December 2017
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Jensen Beach FL 34957 Residential Market Report December 2017

Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2017

For November 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 106 active listings. (Increased by 22 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

24 Condo sales are pending and awaiting settlement. (Down by 8 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

17 Condos Sold (Down by 7 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2017

 The Jensen Beach FL 34957 Condo Market Report for November had a weaker November than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the November 2017, Jensen Beach Florida Market Report ZIP Code 34957 jumped up to 6.2 months (from 3.5 months in October), transitioning into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2016 numbers were: 142 active listings, 28 pending sales and 10 condos closed.  Considerably stronger closed activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report November 2017

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Jensen Beach FL 34957 Condo Market Report November 2017

Jensen Beach FL 34957 Residential Market Report November 2017

Jensen Beach FL 34957 Residential Market Report November 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2017

 For November 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 160 active listings. (Up by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2017

51 Residential sales are pending and awaiting close or lender approval. (Down by 1 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2017

28 Homes Sold (Down by 11 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2017

The Jensen Beach FL 34957 Residential Market showed some slower activity this month as compared to October.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.7 months ( was 3.7 months in October).  Coming close to a balanced market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2016 numbers were: 187 active listings, 61 pending sales, and 38 home sales closed.  Considerably better sales and pending volume last year.
Jensen Beach FL 34957 Residential Market Report November 2017
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Jensen Beach FL 34957 Residential Market Report November 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2017

For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 84 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

32 Condo sales are pending and awaiting settlement. (Up by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

24 Condos Sold (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2017

 The Jensen Beach FL 34957 Condo Market Report for October shows a continuing active market even as the inventory continues to decline making for fewer available condos available to purchase.  The Jensen Beach condo market appears to be one of the few segments that has not been affected by September’s hurricane.

The one month absorption rate for the October 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.5 months (from 3.3 months in September), still a very 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 October 2016 numbers were: 128 active listings, 30 pending sales and 22 condos closed.  Considerably stronger activity this year with reduced inventory.

Jensen Beach FL 34957 Condo Market Report October 2017

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report October 2017

Jensen Beach FL 34957 Residential Market Report October 2017

Jensen Beach FL 34957 Residential Market Report October 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2017

 For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 143 active listings. (Up by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2017

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

Jensen Beach FL 34957 Residential Market Report October 2017

39 Homes Sold (Up by 10 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2017

The Jensen Beach FL 34957 Residential Market rebounded strongly for October after a slightly weaker hurricane impacted September market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.7 months ( was 4.9 months in September).  More of a seller’s market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2016 numbers were: 171 active listings, 69 pending sales, and 37 home sales closed.  Better sales activity this year on a considerably lower amount of available homes for sale.
Jensen Beach FL 34957 Residential Market Report October 2017
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Jensen Beach FL 34957 Residential Market Report October 2017

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2017

For September 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Increased by 2 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

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

Jensen Beach FL 34957 Condo Market Report September 2017

25 Condos Sold (Down by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

 The Jensen Beach FL 34957 Condo Market Report for September shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Activity was off slightly for Jensen beach condos, some of which may have been hurricane related.

The one month absorption rate for the September 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.3 months (from 3.1 months in August), still a very 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 September 2016 numbers were: 115 active listings, 37 pending sales and 17 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach FL 34957 Residential Market Report September 2017

Jensen Beach FL 34957 Residential Market Report September 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2017

 For September 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 142 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2017

55 Residential sales are pending and awaiting close or lender approval. (Down by 22 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2017

29 Homes Sold (Down by 19 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2017

The Jensen Beach FL 34957 Residential Market eased somewhat for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.9 months ( was  3.0 months in August).  Remaining as a seller’s market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2016 numbers were: 179 active listings, 68 pending sales, and 32 home sales closed.  Considerably weaker overall activity this year  with lower inventory levels.
Jensen Beach FL 34957 Residential Market Report September 2017

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Jensen Beach FL 34957 Residential Market Report September 2017

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2017

For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 80 active listings. (Decreased by 13 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

41 Condo sales are pending and awaiting settlement. (Up by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

26 Condos Sold (Down by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

 The Jensen Beach FL 34957 Condo Market Report for August shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Pending sales were up for the month while closed sales were off, yet still a very hot area.

The one month absorption rate for the August 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.1 months (from 2.9 months in July), still a very 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 August 2016 numbers were: 112 active listings, 38 pending sales and 25 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Residential Market Report August 2017

Jensen Beach FL 34957 Residential Market Report August 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2017

 For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 143 active listings. (Down by 22 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2017

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

Jensen Beach FL 34957 Residential Market Report August 2017

48 Homes Sold (Up by 21 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2017

The Jensen Beach FL 34957 Residential Market showed very strong summer activity with increases in close and ending sales while the number of available homes for sale decreased.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.0 months ( was 6.1 months in July).  Back into a strong seller’s market after one month of 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 2016 numbers were: 167 active listings, 67 pending sales, and 31 home sales closed.  Considerably stronger overall activity this year even with lower inventory levels.
Jensen Beach FL 34957 Residential Market Report August 2017

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Jensen Beach FL 34957 Residential Market Report August 2017

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2017

For July 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 93 active listings. (Decreased by 12 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

32 Condos Sold (Up by 1 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

 The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.

The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a 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 July 2016 numbers were: 112 active listings, 46 pending sales and 27 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach FL 34957 Residential Market Report July 2017

Jensen Beach FL 34957 Residential Market Report July 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2017

 For July 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 165 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2017

79 Residential sales are pending and awaiting close or lender approval. (Up by 21 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

27 Homes Sold (Down by 20 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

The Jensen Beach FL 34957 Residential Market had a bad month for closed sales, while showing good pending sales numbers which should result in better closed sales in the coming months..
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 6.1 months ( was 3.7 months in June).  Now a balanced market for July.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2016 numbers were: 164 active listings, 66 pending sales, and 56 home sales closed.  Considerably weaker sales for this July when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2017

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Jensen Beach FL 34957 Residential Market Report July 2017

Jensen Beach FL 34957 Condo Market Report June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2017

 

For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 105 active listings. (Decreased by 17 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2017

44 Condo sales are pending and awaiting settlement. (Unchanged from May)

31 Condos Sold (Up by 3 condos from May)

 The Jensen Beach FL 34957 Condo Market Report for June shows a continuing active market though the inventory continues to decline makingfewer available condos available to purchase.

The one month absorption rate for the June 2017, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (from 4.4 months in May), a 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 June 2016 numbers were: 22 active listings, 14 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2017

Jensen Beach FL 34957 Residential Market Report June 2017

Jensen Beach FL 34957 Residential Market Report June 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2017

 For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 176 active listings. (Down by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2017

58 Residential sales are pending and awaiting close or lender approval. (Down by 19 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2017

47 Homes Sold (No change from May)

Jensen Beach FL 34957 Residential Market Report June 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  A second month in a row with a sizeable drop in pending sales.  The inventory is also fairly large when compared to last summer.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.7 months ( was 3.8 months in May).  Remaining in a strong seller’s market for June.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2016 numbers were: 99 active listings, 70 pending sales, and 37 home sales closed.  Better closed activity this year, but also a much higher inventory and lwer pending sales.
Jensen Beach FL 34957 Residential Market Report June 2017

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Jensen Beach FL 34957 Residential Market Report June 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2017

For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 122 active listings. (Decreased by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

44 Condo sales are pending and awaiting settlement. (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

28 Condos Sold (Down by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

 The Jensen Beach FL 34957 Condo Market Report for Mayshows a continuing active market though we did have declines in all measured parameters for the month of May 2017.

The one month absorption rate for the May 2017, Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (from 3.3 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 2016 numbers were: 26 active listings, 11 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

Jensen Beach FL 34957 Residential Market Report May 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2017

 For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 178 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2017

77 Residential sales are pending and awaiting close or lender approval. (Down by 21 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2017

47 Homes Sold (Up by 1 homes sale from April)

Jensen Beach FL 34957 Residential Market Report May 2017

The Jensen Beach FL 34957 Residential Market continues to show strong activity with strong sales volume.  Unfortunately, a fairly sizeable drop in pending sales which may indicate a little softening in closed volume for the coming months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped slightly to 3.8 months ( was 3.9 months in April).  Remaining in a strong seller’s market for May.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2016 numbers were: 116 active listings, 67 pending sales, and 37 home sales closed.  Considerably better activity this year when compared to last year with a greater inventory.
Jensen Beach FL 34957 Residential Market Report May 2017

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Jensen Beach FL 34957 Residential Market Report May 2017