Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

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

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



There are currently 135 active listings. (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

41 Condos Sold (Up by 16 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now 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 April 2016 numbers were: 113 active listings, 72 pending sales and 37 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 April 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

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

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

 There are currently 179 active listings. (Down by 24 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2017

98 Residential sales are pending and awaiting close or lender approval. (Up by 16 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2017

46 Homes Sold (Down by 12 homes sale from March)

Jensen Beach FL 34957 Residential Market Report April 2017

The Jensen Beach FL 34957 Residential Market continues with very strong activity from the past month into April.  One of the strongest segments of the Martin County real estate market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose slightly to 3.9 months ( was 3.5 months in March).  Remaining in a strong seller’s market for April.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2016 numbers were: 113 active listings, 72 pending sales and 37 home sales closed.  Better activity this year on a larger pool of homes (inventory).
Jensen Beach FL 34957 Residential Market Report April 2017

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Jensen Beach FL 34957 Residential Market Report April 2017

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

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

 

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



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 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 March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

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

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

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

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

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 2017

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Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach FL 34957 Condo Market Report February 2017

 

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

 

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



There are currently 123 active listings. (Decreased by 9 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

59 Condo sales are pending and awaiting settlement. (Up by 16 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

16 Condos Sold (Unchanged from January)

Jensen Beach FL 34957 Condo Market Report February 2017

 The Jensen Beach FL 34957 Condo Market Report for February had a decrease in inventory and a nice jump in pending sales while closed sales remained the same.

The one month absorption rate for the February 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 7.7 months (from 8.25 months in January), still a buyers’ market, but trending towards a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2016 numbers were: 26 active listings, 18 pending sales and 11 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 February 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach FL 34957 Residential Market Report February 2017

Jensen Beach FL 34957 Residential Market Report February 2017

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

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

 There are currently 190 active listings. (Down by 8 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2017

96 Residential sales are pending and awaiting close or lender approval. (Increased by 24 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2017

27 Homes Sold (Down by 7 homes sale from January)

Jensen Beach FL 34957 Residential Market Report February 2017

The Jensen Beach FL 34957 Residential Market showed some very strong gains in pending sales.  Unfortunately, a decrease in closed sales, but I expect this segment of the Stuart real estate market to be active in the next few months.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7 months ( was 5.8 months in January).  Shifting into a balanced market for the Jensen Beach residential real estate segment but getting very 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 February 2016 numbers were: 128 active listings, 66 pending sales and 20 home sales closed.  Considerably greater inventory this year and an accompanying greater volume of closed and pending sales.
Jensen Beach FL 34957 Residential Market Report February 2017

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Jensen Beach FL 34957 Residential Market Report February 2017

Jensen Beach FL 34957 Condo Market Report January 2017

Jensen Beach FL 34957 Condo Market Report January 2017

 

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

 

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



There are currently 132 active listings. (Decreased by 2 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2017

43 Condo sales are pending and awaiting settlement. (Up by 17 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2017

16 Condos Sold (Down by 3 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2017

 The Jensen Beach FL 34957 Condo Market Report for January showed fewer closed sales bu a very strong rise in pending sales which should result in better closed activity for the next few months.

The one month absorption rate for the January 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.25 months (from 7.1 months in December), a little stronger buyers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2016 numbers were: 39 active listings, 19 pending sales and 6 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 January 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report January 2017

Jensen Beach FL 34957 Residential Market Report January 2017

Jensen Beach FL 34957 Residential Market Report January 2017

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

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

 There are currently 198 active listings. (Up by 15 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2017

72 Residential sales are pending and awaiting close or lender approval. (Increased by 19 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2017

34 Homes Sold (Up by 1 home sale from December)

Jensen Beach FL 34957 Residential Market Report January 2017

The Jensen Beach FL 34957 Residential Market had an increase in inventory (as did most segments of the Martin County residential market). Pending sales were up and closed sales rose by one home from last month.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.8 months ( was 5.5 months in December).  Still in a sellers’ market for the Jensen Beach residential real estate segment but getting very 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 January 2016 numbers were: 137 active listings, 60 pending sales and 30 home sales closed.  Considerably greater inventory this year and only slightly greater closed sales numbers.  The pending sales look strong.
Jensen Beach FL 34957 Residential Market Report January 2017

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Jensen Beach FL 34957 Residential Market Report January 2017

Jensen Beach FL 34957 Condo Market Report December 2016

Jensen Beach FL 34957 Condo Market Report December 2016

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2016

 

For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 134 active listings. (Decreased by 8 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2016

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

Jensen Beach FL 34957 Condo Market Report December 2016

19 Condos Sold (Up by 10 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2016

 The Jensen Beach FL 34957 Condo Market Report for December came back strong after a very weak November.  Sales were up and the inventory decreased.  Unfortunately, pending sales also decreased.

The one month absorption rate for the December 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 7.1 months (from 14.2 months in November), still a buyers market but getting back towards a balanced market once again.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2015 numbers were: 37 active listings, 12 pending sales and 7 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 December 2016

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2016

Jensen Beach FL 34957 Residential Market Report December 2016

Jensen Beach FL 34957 Residential Market Report December 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2016

 For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 183 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2016

53 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2016

33 Homes Sold (Down by 5 homes sales from November)

Jensen Beach FL 34957 Residential Market Report December 2016

The Jensen Beach FL 34957 Residential Market has eased from last month, thought still an active market.  Inventory was off slightly after two months og gains while both pending and closed sales decreased for December.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.5 months ( was 4.9 months in November).  Still in a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2015 numbers were: 121 active listings, 68 pending sales and 28 home sales closed.  Higher sales volume this year, thoguh with considerably greater inventory.  Pending sales are off as well when compared to last year.
Jensen Beach FL 34957 Residential Market Report December 2016

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Jensen Beach FL 34957 Residential Market Report December 2016

Jensen Beach FL 34957 Condo Market Report November 2016

Jensen Beach FL 34957 Condo Market Report November 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2016

For November 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 142 active listings. (Increased by 14 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2016

28 Condo sales are pending and awaiting settlement. (Down by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2016

10 Condos Sold (Down by 12 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2016

 The Jensen Beach FL 34957 Condo Market Report for November slowed abruptly after a pretty good previous month.  Sales were off by a significant amount while the inventory rose as well.  Hopefully this market will soon see increased activity as we head into the winter season.

The one month absorption rate for the November 2016, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 14.2 months (from 5.8 months in October), moving the Jensen Beach condo market into a buyers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2015 numbers were: 36 active listings, 17 pending sales and 2 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.

Jensen Beach FL 34957 Condo Market Report November 2016

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2016

Jensen Beach FL 34957 Residential Market Report November 2016

Jensen Beach FL 34957 Residential Market Report November 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2016

 For November 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 187 active listings. (Up by 16 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2016

61 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2016

38 Homes Sold (Up by 1 home sales from October)

Jensen Beach FL 34957 Residential Market Report November 2016

The Jensen Beach FL 34957 Residential Market continues to show strong activity for November.  Two months of increasing inventory without an equal increase in pensing and closed sales for Jensen Beach.  Though, this market has been one of our strongest and still remains a sellers market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.9 months ( was 4.6 months in October).  Still in a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2015 numbers were: 122 active listings, 70 pending sales and 18 home sales closed.  Sales continue to be stronger as compared to 2015 but the inventory is up sharply and pending sales are lower.
Jensen Beach FL 34957 Residential Market Report November 2016

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Jensen Beach FL 34957 Residential Market Report November 2016

Jensen Beach FL 34957 Condo Market Report October 2016

Jensen Beach FL 34957 Condo Market Report October 2016

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2016

 

For October 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 128 active listings. (Increased by 13 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2016

30 Condo sales are pending and awaiting settlement. (Down by 7 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2016

22 Condos Sold (Up by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2016

 For the Jensen Beach FL 34957 Condo Market Report October 2016 had a surprisingly good month in what is typically a slow month for closed activity.  Closed sales were up as well as a nice little jump in inventory. Pending sales were off, but still pretty good.

The one month absorption rate for the October 2016, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 5.8 months (from 6.7 months in September), moving the Jensen Beach condo market back towards a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2015 numbers were: 24 active listings, 17 pending sales and 4 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.

Jensen Beach FL 34957 Condo Market Report October 2016

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2016

Jensen Beach FL 34957 Residential Market Report October 2016

Jensen Beach FL 34957 Residential Market Report October 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2016

 For October 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 171 active listings. (Up by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2016

69 Residential sales are pending and awaiting close or lender approval. (Decreased by 9 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2016

37 Homes Sold (Up by 5 home sales from September)

Jensen Beach FL 34957 Residential Market Report October 2016

The Jensen Beach FL 34957 Residential Market continues to show strong activity for October.  Close and pending sales remained active and the inventory made a small gain.  One of the strongest markets currently in Martin County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.6 months ( was 5.3 months in September).  A stronger sellers’ market for the Jensen Beach residential real estate segment as compared to last month.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2015 numbers were: 133 active listings, 48 pending sales and 27 home sales closed.  One of the few areas of martin County with a much stronger market when compared to last year.
Jensen Beach FL 34957 Residential Market Report October 2016

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Jensen Beach FL 34957 Residential Market Report October 2016

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2016

For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 115 active listings. (Increased by 3 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

37 Condo sales are pending and awaiting settlement. (Down by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

17 Condos Sold (Down by 8 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

 For the Jensen Beach FL 34957 Condo Market Report September 2016 had another increase in available condos for sale (inventory) along with a decrease in sales activity.  A typical result for this condo market as we are considered to be in the off season for condos.

The one month absorption rate for the September 2016, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.7 months (from 4.3 months in August), moving the Jensen Beach condo market 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 September 2015 numbers were: 22 active listings, 12 pending sales and 6 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.

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach FL 34957 Residential Market Report September 2016

Jensen Beach FL 34957 Residential Market Report September 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2016

 For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 169 active listings. (Up by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2016

78 Residential sales are pending and awaiting close or lender approval. (Increased by 11 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2016

32 Homes Sold (Up by 1 home sales from August)

Jensen Beach FL 34957 Residential Market Report September 2016

The Jensen Beach FL 34957 Residential Market showed increased activity for September after last month.  Both pending and closed sales numbers were higher along with a small increase in inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 edged down to 5.3 months ( was 5.4 months in August).  Still a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2015 numbers were: 119 active listings, 61 pending sales and 31 home sales closed.   Better closed and pending activity this year, but this is with a far greater number of available homes.
Jensen Beach FL 34957 Residential Market Report September 2016

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Jensen Beach FL 34957 Residential Market Report September 2016

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2016

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 112 active listings. (Increased by 4 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

38 Condo sales are pending and awaiting settlement. (Down by 8 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

25 Condos Sold (Down by 2 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

 For the Jensen Beach FL 34957 Condo Market Report August 2016 remained on a steady track with activity off by only a slight amount..

The one month absorption rate for the August 2016, Jensen Beach Florida Market Report ZIP Code 34957 inched up slightly to 4.3 months (from 4.1 months in July), keeping Jensen Beach condos in a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2015 numbers were: 22 active listings, 13 pending sales and 5 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.

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach FL 34957 Residential Market Report August 2016

Jensen Beach FL 34957 Residential Market Report August 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2016

 For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 167 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2016

67 Residential sales are pending and awaiting close or lender approval. (Increased by 1 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2016

31 Homes Sold (Down by 25 home sales from July)

Jensen Beach FL 34957 Residential Market Report August 2016

The Jensen Beach FL 34957 Residential Market eased off to a more reasonable market activity after a very hot July.  Closed sales had a large drop, while pending sales remain steady.  Still a very healthy market for Jensen Beach.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.4 months ( was 2.9 months in July).  Still a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2015 numbers were: 117 active listings, 77 pending sales and 30 home sales closed.   Considerable increase in activity for this year while closed sales remained about equal but pending sales were off.
Jensen Beach FL 34957 Residential Market Report August 2016

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Jensen Beach FL 34957 Residential Market Report August 2016

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2016

For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 112 active listings. (Increased by 90 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

27 Condos Sold (Up by 24 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

 For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.

The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed.  We had a change in reporting datsa and we 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.

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach FL 34957 Residential Market Report July 2016

Jensen Beach FL 34957 Residential Market Report July 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for July 2016

 For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 164 active listings. (Up by 65 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2016

66 Residential sales are pending and awaiting close or lender approval. (Decreased by 4 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2016

56 Homes Sold (Up by 19 home sales from June)

Jensen Beach FL 34957 Residential Market Report July 2016

The Jensen Beach FL 34957 Residential Market continues to perform as an extreme sellers market.  Though it may slow some as pending sales were off for July along with a big jump in inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.9 months ( was 2.7 months in March).  A very extreme sellers market for Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2015 numbers were: 108 active listings, 85 pending sales and 35 home sales closed.   Much better sales activity this year but better pending activity last year.
Jensen Beach FL 34957 Residential Market Report July 2016

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All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

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Jensen Beach FL 34957 Residential Market Report July 2016