For October 2016 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 187 active listings. (Up by 16 homes from last month)
61 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from September)
38 Homes Sold (Up by 1 home sales from September)
The Jensen Beach FL 34957 Residential Market continues to show strong activity for October. 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 September). 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 October 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.