Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach FL 34957 Condo Market Report August 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report August 2018

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

Jensen Beach FL 34957 Condo Market Report August 2018

27 Condos Sold (Up by 1 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report August 2018

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Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach FL 34957 Residential Market Report August 2018

Jensen Beach FL 34957 Residential Market Report August 2018

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

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

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

Jensen Beach FL 34957 Residential Market Report August 2018

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

Jensen Beach FL 34957 Residential Market Report August 2018

45 Homes Sold (Decreased by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2018

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

Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach FL 34957 Condo Market Report July 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report July 2018

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

Jensen Beach FL 34957 Condo Market Report July 2018

26 Condos Sold (Down by 5 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report July 2018

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Jensen Beach FL 34957 Condo Market Report July 2018

Jensen Beach FL 34957 Residential Market Report July 2018

Jensen Beach FL 34957 Residential Market Report July 2018

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

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

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

Jensen Beach FL 34957 Residential Market Report July 2018

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

Jensen Beach FL 34957 Residential Market Report July 2018

47 Homes Sold (Decreased by 12 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2018

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

Jensen Beach FL 34957 Condo Market Report June 2018

Jensen Beach FL 34957 Condo Market Report June 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report June 2018

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

Jensen Beach FL 34957 Condo Market Report June 2018

31 Condos Sold (Unchanged from May)

Jensen Beach FL 34957 Condo Market Report June 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report June 2018

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Jensen Beach FL 34957 Condo Market Report June 2018

Jensen Beach FL 34957 Residential Market Report June 2018

Jensen Beach FL 34957 Residential Market Report June 2018

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

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

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

Jensen Beach FL 34957 Residential Market Report June 2018

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

Jensen Beach FL 34957 Residential Market Report June 2018

59 Homes Sold (Decreased by 1 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2018

The Jensen Beach FL 34957 Residential Market continues to have very strong activity.  The Jensen beach inventory is also not significantly lower than last year, which is unusual for Martin County.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 inched up to 2.9 months ( was 2.7 months in May).  Remaining in a very strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2017 numbers were: 176 active listings, 58 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.
Jensen Beach FL 34957 Residential Market Report June 2018
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Jensen Beach FL 34957 Residential Market Report June 2018

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino Condos at Jensen Beach July 2018 Market Report

As of July 2018, there are 2 condos available for sale in Portofino.  List prices are $143,000 and $172,500 which averages to $157,750 or $147.44 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 14 condos have sold in Portofino, ranging in sales price from $95,000 up to $175,000 for an average sales price of $138,439 which equals a price per sq. ft. of $136.22.  The average days on market was 42 and the average list to sales price ratio was 96%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

 

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach July 2018 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino at Jensen Beach

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

Portofino Condos at Jensen Beach July 2018 Market Report

Portofino Condos at Jensen Beach July 2018 Market ReportThe Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach July 2018 Market Report

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

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Portofino Condos at Jensen Beach July 2018 Market Report

Jensen Beach FL 34957 Condo Market Report May 2018

Jensen Beach FL 34957 Condo Market Report May 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report May 2018

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

Jensen Beach FL 34957 Condo Market Report May 2018

31 Condos Sold (Down by 11 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report May 2018

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Jensen Beach FL 34957 Condo Market Report May 2018

Jensen Beach FL 34957 Residential Market Report May 2018

Jensen Beach FL 34957 Residential Market Report May 2018

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

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

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

Jensen Beach FL 34957 Residential Market Report May 2018

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

Jensen Beach FL 34957 Residential Market Report May 2018

60 Homes Sold (Increased by 1 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

The Jensen Beach FL 34957 Residential Market showed quite strong activity for another month.  The decreasing inventory of available homes for sale is a concern.  It could mean reduced volume of sales in the coming months until this trend reverses itself.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months ( was 2.9 months in April).  A very strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2017 numbers were: 178 active listings, 77 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.  More impressive when the fact of a significantly lower number of homes are available this year.
Jensen Beach FL 34957 Residential Market Report May 2018
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Jensen Beach FL 34957 Residential Market Report May 2018

Jensen Beach Golf and Country Club June 2018 Market Report

Jensen Beach Golf and Country Club June 2018 Market Report

There are currently 12 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $259,000 up to $459,900 for an average list price of $349,875 which equals $200.12 per square foot of living area.

9 homes are under contract awaiting the final sale.  List prices range from $245,900 up to $435,000 for an average list price of $349,911 which works out to $197.20 per square foot of living area.  These homes averaged 45 days on market before going under contract.

In the past 12 months, 41 homes have sold.  The sales prices ranged from $250,000 up to $440,000 for an average sales price of $331,984 which works out to a price per square foot of $186.28.  These homes were on the market for an average of 63 days before going under contract and sold for an average of 97% of list price.

 The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast.  There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders.   Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed.  Previous builders included WCI Communities and Engle Homes.

The Jensen Beach Golf and Country Club is home to the Eagle Marsh Golf Course.   This is a public course and all are welcome to play.  Inexpensive membership plans are available along with dining facilities, a snack bar, and a pro shop.  More information about the Eagle Marsh Golf Club can be found on their website.

  Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages.  In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean.  Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen Beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

 For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Jensen Beach Golf and Country Club June 2018 Market Report

Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach FL 34957 Condo Market Report April 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report April 2018

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

Jensen Beach FL 34957 Condo Market Report April 2018

42 Condos Sold (Up by 15 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report April 2018

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Jensen Beach FL 34957 Condo Market Report April 2018

Jensen Beach FL 34957 Residential Market Report April 2018

Jensen Beach FL 34957 Residential Market Report April 2018

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

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

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

Jensen Beach FL 34957 Residential Market Report April 2018

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

Jensen Beach FL 34957 Residential Market Report April 2018

59 Homes Sold (Increased by 15 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2018

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

Jensen Beach FL 34957 Condo Market Report March 2018

Jensen Beach FL 34957 Condo Market Report March 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report March 2018

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

Jensen Beach FL 34957 Condo Market Report March 2018

27 Condos Sold (Down by 3 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

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

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

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

Jensen Beach FL 34957 Condo Market Report March 2018

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Jensen Beach FL 34957 Condo Market Report March 2018

Jensen Beach FL 34957 Residential Market Report March 2018

Jensen Beach FL 34957 Residential Market Report March 2018

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

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

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

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

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

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

34 Homes Sold (Decreased by 6 homes from February)

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

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

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 Florida Real Estate presented by:
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Gabe Sanders

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 Florida Real Estate presented by:
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Gabe Sanders

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 Florida Real Estate presented by:
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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 Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

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
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach FL 34957 Residential Market Report December 2017