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)
37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)
27 Condos Sold (Up by 1 condos from July)
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.
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Jensen Beach Florida Real Estate presented by:
Gabe Sanders