Jensen Beach FL 34957 Condo Market Report June 2016

Jensen Beach FL 34957 Condo Market Report June 2016

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

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



There are currently 22 active listings. (Decreased by 4 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2016

14 Condo sales are pending and awaiting settlement. (Up by 3 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2016

3 Condos Sold (No change in sold condos from May)

Jensen Beach FL 34957 Condo Market Report June 2016

 The Jensen Beach FL 34957 Condo Market Report June 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  For June of 2015, available inventory remains quite low, while the pending sales numbers are quite good when the inventory is considered.

The one month absorption rate for the June 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped a bit to 7.3 months (from 8.7 months in May), still a buyers market for the first time in close to two years.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2015 numbers were: 31 active listings, 11 pending sales and 5 condos closed.  Better sales numbers for last year, but pending sales look good for this year even with the reduced inventory of available condos.

Jensen Beach FL 34957 Condo Market Report June 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2016

Jensen Beach FL 34957 Residential Market Report June 2016

Jensen Beach FL 34957 Residential Market Report June 2016

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

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

 There are currently 99 active listings. (Down by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2016

70 Residential sales are pending and awaiting close or lender approval. (Increased by 3 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2016

37 Homes Sold (No change in home sales from May)

Jensen Beach FL 34957 Residential Market Report June 2016

The Jensen Beach FL 34957 Residential Market continues to perform well.  After an increase in inventory for last month, we’re back to slim pickings again for the number of available homes for sale.  Both pending and closed activity remains very active.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months ( was 3.1 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 June 2015 numbers were: 119 active listings, 90 pending sales and 46 home sales closed.   Considerably better numbers from last year along with a greater inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report June 2016

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Jensen Beach FL 34957 Residential Market Report June 2016

Jensen Beach FL 34957 Condo Market Report May 2016

Jensen Beach FL 34957 Condo Market Report May 2016

 

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

 

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



There are currently 26 active listings. (Decreased by 6 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2016

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

Jensen Beach FL 34957 Condo Market Report May 2016

3 Condos Sold (Decreased by 9 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2016

 The Jensen Beach FL 34957 Condo Market Report May 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory continues to be problematic with very low numbers of available condos for sale.  And, for may sales dropped off sharply, while pending sales improved.

The one month absorption rate for the May 2016, Jensen Beach Florida Market Report ZIP Code 34957 jumped up to 8.7 months (from 2.7 months in April), into a buyers market for the first time in close to two years.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2015 numbers were: 30 active listings, 12 pending sales and 8 condos closed.  Considerably better activity last year for Jensen Beach condos.

Jensen Beach FL 34957 Condo Market Report May 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2016

Jensen Beach FL 34957 Residential Market Report May 2016

Jensen Beach FL 34957 Residential Market Report May 2016

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

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

 There are currently 116 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2016

67 Residential sales are pending and awaiting close or lender approval. (Decreased by 5 homes from March)

Jensen Beach FL 34957 Residential Market Report May 2016

37 Homes Sold (No change in home sales from March)

Jensen Beach FL 34957 Residential Market Report May 2016

The Jensen Beach FL 34957 Residential Market continues to perform well.  It’s good to see an increase in inventory for this month, even if it’s only three homes.  Closed sales volume was unchanged from last month while there was a small decrease in pending sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.1 months (also was 3.1 months in March).  Still an 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 May 2015 numbers were: 135 active listings, 92 pending sales and 31 home sales closed.   Higher closed sales volume this year with lower inventory, though pending sales were much better last year.
Jensen Beach FL 34957 Residential Market Report May 2016

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Jensen Beach FL 34957 Residential Market Report May 2016

Jensen Beach FL 34957 Condo Market Report April 2016

Jensen Beach FL 34957 Condo Market Report April 2016

 

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

 

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



There are currently 32 active listings. (Increased by 7 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

8 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

12 Condos Sold (Increased by 3 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

 The Jensen Beach FL 34957 Condo Market Report April 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area, though for April we had a nice little increase which will hopefully continue.  Unfortunately pending sales were off for the month.

The one month absorption rate for the April 2016, Jensen Beach Florida Market Report ZIP Code 34957 was 2.7 months (from 2.8  months in March), continuing as a very extreme sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2015 numbers were: 28 active listings, 16 pending sales and 11 condos closed.  Similar to last years numbers.

Jensen Beach FL 34957 Condo Market Report April 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2016

Jensen Beach FL 34957 Residential Market Report April 2016

Jensen Beach FL 34957 Residential Market Report April 2016

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

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

 There are currently 113 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2016

72 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from March)

2 pending

37 Homes Sold (Increased by 8 homes from March)

3 sold

The Jensen Beach FL 34957 Residential Market had a very strong April with increase in both pending and closed sales.  Unfortunately, the active inventory continues to decline with fewer choices for those buyers in the market for a Jensen Beach home.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.1 months (was 4.3 months in March).  An 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 April 2015 numbers were: 145 active listings, 88 pending sales and 48 home sales closed.   Better activity last year, but also with considerably higher inventory.
DOM

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Jensen Beach FL 34957 Residential Market Report April 2016

Jensen Beach FL 34957 Condo Market Report March 2016

Jensen Beach FL 34957 Condo Market Report March 2016

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

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



There are currently 25 active listings. (Decreased by 1 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2016

13 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2016

9 Condos Sold (Decreased by 2 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2016

 The Jensen Beach FL 34957 Condo Market Report March 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area.  Good listings at fair prices continue to fly off the market.

The one month absorption rate for the March 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8  months (from 2.4 months in February), continuing as a pretty extreme sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2015 numbers were: 30 active listings, 21 pending sales and 5 condos closed.  Closed sales are better this year than last while pending sales were stronger last year.

Jensen Beach FL 34957 Condo Market Report March 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2016

Jensen Beach FL 34957 Residential Market Report March 2016

Jensen Beach FL 34957 Residential Market Report March 2016

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

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

 There are currently 124 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2016

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

Jensen Beach FL 34957 Residential Market Report March 2016

29 Homes Sold (Increased by 9 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2016

The Jensen Beach FL 34957 Residential Market had a good strong March with increased closed sales.  Unfortunately pending sales were off slightly and the inventory was also down a little.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.4 months in February).  After one month in a balanced market, we’re back into a sellers market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2015 numbers were: 142 active listings, 85 pending sales and 29 home sales closed.   The same number of closed sales for this year when compared to March of 2015 with less inventory and also less homes under contract.
Jensen Beach FL 34957 Residential Market Report March 2016

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Jensen Beach FL 34957 Residential Market Report March 2016

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach FL 34957 Condo Market Report February 2016

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

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



There are currently 26 active listings. (Decreased by 13 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

18 Condo sales are pending and awaiting settlement. (Decreased by 1 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

11 Condos Sold (Increased by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

 The Jensen Beach FL 34957 Condo Market Report February 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  A very unexpected and dramatic drop of active condos for sale (inventory), while both pending sales and closed sales increased from the previous month.  The future months may be problematic unless the inventory increases.

The one month absorption rate for the February 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.4  months (from 6.5 months in January), bringing this segment of the Martin County condo market back into an extreme sellers market again, after one month as 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 2015 numbers were: 40 active listings, 14 pending sales and 9 condos closed.  Better activity this year when compared to last year even though we only have a little more than half the inventory from last year.

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach FL 34957 Residential Market Report February 2016

Jensen Beach FL 34957 Residential Market Report February 2016

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

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

 There are currently 128 active listings. (Down by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2016

66 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2016

20 Homes Sold (Decreased by 10 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2016

The Jensen Beach FL 34957 Residential Market lost some of the rise in inventory from last month but did have a small increase in pending sales along with a larger drop in closed sales.  But, this has just brought the Jensen Beach market back into a balanced one.  Which is still a good market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.4 months (was 4.6 months in January).  Transitioning into 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 2015 numbers were: 146 active listings, 85 pending sales and 26 home sales closed.   Somewhat better activity last year along with reduced availability of homes this year.
Jensen Beach FL 34957 Residential Market Report February 2016

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Jensen Beach FL 34957 Residential Market Report February 2016

Jensen Beach FL 34957 Condo Market Report January 2016

Jensen Beach FL 34957 Condo Market Report January 2016

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

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



There are currently 39 active listings. (Increased by 2 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2016

19 Condo sales are pending and awaiting settlement. (Increased by 7 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2016

6 Condos Sold (Decreased by 5 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2016

 The Jensen Beach FL 34957 Condo Market Report January 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Sales were off for the first month of 2016 while both the inventory and pending sales showed improvement.

The one month absorption rate for the January 2016, Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.5  months (from 5.3 months in December), bringing this segment of the Martin County condo market back into a balanced market again, after one month as a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2015 numbers were: 40 active listings, 19 pending sales and 9 condos closed.  Other than fewer closed sales for this year, identical numbers from 2015.

Jensen Beach FL 34957 Condo Market Report January 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report January 2016

Jensen Beach FL 34957 Residential Market Report January 2016

Jensen Beach FL 34957 Residential Market Report January 2016

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

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

 There are currently 137 active listings. (Up by 16 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2016

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

Jensen Beach FL 34957 Residential Market Report January 2016

30 Homes Sold (Increased by 2 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2016

The Jensen Beach FL 34957 Residential Market had a welcome rise in inventory to begin the new year.  Unfortunately, pending sales were off slightly while the number of closed sales was just 2 homes higher than the end of 2015.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.6 months (was 4.3 months in December).  Remaining in a sellers market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2015 numbers were: 153 active listings, 65 pending sales and 28 home sales closed.   When factoring in the lower inventory for this year, market activity by percentage was better for 2016.
Jensen Beach FL 34957 Residential Market Report January 2016

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Jensen Beach FL 34957 Residential Market Report January 2016

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 37 active listings. (Increased by 1 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2015

12 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2015

7 Condos Sold (Increased by 5 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2015

 The Jensen Beach FL 34957 Condo Market Report December 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Pending sales were down for December while there was a nice increase in closed sales.

The one month absorption rate for the December 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 5.3  months (from  18 months in November), bringing this segment of the Martin County condo market back into a sellers market again, after one month as a buyers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 condos closed.  Very similar numbers when compared to last year’s activity.

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach FL 34957 Residential Market Report December 2015

Jensen Beach FL 34957 Residential Market Report December 2015

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

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

 There are currently 121 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2015

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

Jensen Beach FL 34957 Residential Market Report December 2015

28 Homes Sold (Increased by 10 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2015

The Jensen Beach FL 34957 Residential Market had a very nice jump in closed sales for December while both pending sales and invenotry were basically unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.8 months in November).  Slid right back into a sellers market after a one month stint in 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 2014 numbers were: 140 active listings, 56 pending sales and 33 home sales closed.   A little greater closed activity last year, but better pending sales this year and all with a reduced inventory from last year.
Jensen Beach FL 34957 Residential Market Report December 2015

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report December 2015

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2015

For November 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 36 active listings. (Increased by 12 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2015

17 Condo sales are pending and awaiting settlement. (Unchanged from October)

Jensen Beach FL 34957 Condo Market Report November 2015

2 Condos Sold (Decreased by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2015

 The Jensen Beach FL 34957 Condo Market Report November 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Nice big jump in inventory for the month, bringing us closer to what we had last year.  Though, activity this month was pretty weak.

The one month absorption rate for the November 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 18  months (from 6 months in October), bringing this segment of the Martin County condo market back into a strong buyers 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 2014 numbers were: 38 active listings, 15 pending sales and 4 condos closed.  Slightly weaker activity for Jensen Beach condos this year as compared to last.

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2015

Jensen Beach FL 34957 Residential Market Report November 2015

Jensen Beach FL 34957 Residential Market Report November 2015

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

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

 There are currently 122 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report November 2015

70 Residential sales are pending and awaiting close or lender approval. (Up by 22 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2015

18 Homes Sold (Decreased by 9 homes from October)

Jensen Beach FL 34957 Residential Market Report November 2015

The Jensen Beach FL 34957 Residential Market continues to be a strong market.  Closed sales were off some for November, though with the large increase in pending sales, this should indicate strong sales continuing through the holiday season.  Also, nice to see some increase in inventory, even if it was just a small bump.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.8 months (was 4.9 months in October).  Back into a balanced market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The November 2014 numbers were: 134 active listings, 55 pending sales and 24 home sales closed.   Better closed activity last year, though with the greater pending activity for this year, this may soon change.
Jensen Beach FL 34957 Residential Market Report November 2015

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Jensen Beach FL 34957 Residential Market Report November 2015

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach FL 34957 Condo Market Report October 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2015

 

For October 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 24 active listings. (Increased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

17 Condo sales are pending and awaiting settlement. (Up by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

4 Condos Sold (Decreased by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2015

 The Jensen Beach FL 34957 Condo Market Report October 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  It was good to see an increase in inventory, though it is still at historically low levels.  Activity remains quite strong.

The one month absorption rate for the October 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6  months (from 3.7 months in September), bringing this segment of the Martin County condo market back into 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 2014 numbers were: 33 active listings, 14 pending sales and 3 condos closed.  Overall a slight improvement this year as compared to 2014.

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach FL 34957 Residential Market Report October 2015

Jensen Beach FL 34957 Residential Market Report October 2015

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

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

 There are currently 119 active listings. (Down by 14 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2015

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

Jensen Beach FL 34957 Residential Market Report October 2015

27 Homes Sold (Decreased by 4 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2015

The Jensen Beach FL 34957 Residential Market indicated a little slower pace with the approaching off season. Though, still a sellers market as it has been for over a year.  Interestingly, this is one of the only Martin County areas with a decrease in the inventory for October.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.9 months (was 3.8 months in September).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The October 2014 numbers were: 125 active listings, 62 pending sales and 22 home sales closed.   A bit more closed sales this year as compared to 2014, but pending sales are not quite as strong.
Jensen Beach FL 34957 Residential Market Report October 2015

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Jensen Beach FL 34957 Residential Market Report October 2015

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach FL 34957 Condo Market Report September 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2015

 

For September 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 22 active listings. (Decreased by 6 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2015

12 Condo sales are pending and awaiting settlement. (Down by 1 condo from August)

Jensen Beach FL 34957 Condo Market Report September 2015

6 Condos Sold (Increased by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2015

 The Jensen Beach FL 34957 Condo Market Report September 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Activity remains remarkably strong in Jensen Beach condos even though the inventory is now very, very low.  As we head into the slower months (historically), I’m hoping to see some more product come on the market.

The one month absorption rate for the September 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.7  months (from 4.4 months in August), even a stronger sellers’ market than last month.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2014 numbers were: 34 active listings, 8 pending sales and 10 condos closed.  Better closed numbers from last year, though pending sales are better this year.

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach FL 34957 Condo Market Report September 2015

Jensen Beach FL 34957 Residential Market Report September 2015

Jensen Beach FL 34957 Residential Market Report September 2015

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

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

 There are currently 119 active listings. (Up by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2015

61 Residential sales are pending and awaiting close or lender approval. (Down by 16 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2015

31 Homes Sold (Increased by 1 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2015

The Jensen Beach FL 34957 Residential Market remains quite strong.  This is one of the few areas in our County with increased inventory from last year.  Pending sales were off from month to month as well as last year, but closed sales have remained very strong.  And, prices continue to go up.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased slightly to 3.8 months (was 3.9 months in August).  Remaining in a strong sellers market for Jensen Beach residential home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2014 numbers were: 112 active listings, 74 pending sales and 39 home sales closed.   Better activity last year, but this is still a strong market favoring sellers.
Jensen Beach FL 34957 Residential Market Report September 2015

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Jensen Beach FL 34957 Residential Market Report September 2015