Jensen Beach FL 34957 Residential Market Report June 2014
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2014
For June 2014 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 122 active listings. (Increased by 10 homes from last month)
62 Residential sales are pending and awaiting close or lender approval. (Down by 10 homes from May)
25 Homes Sold (Decreased by 17 homes from May)
Following an exceptionally strong May, the Jensen Beach FL 34957 Residential Market Report cooled a bit for June 2014. Pending sales dropped for the third month in a row, which way be an indication of some future weakness in the number of sales. Closed sales unfortunately declined. There was also a nice little increase in inventory making a greater choice of homes for those looking in Jensen Beach.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.9 months (2.7 months in May). Still a strong sellers market for Jensen Beach home sales. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2012 numbers were: 112 active listings, 75 pending sales and 31 home sales closed. Last years activity was still better for Jensen Beach. This is a hot segment of the Martin County residential real estate market.
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