Jensen Beach FL 34957 Condo Market Report October 2017
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2017
For October 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 84 active listings. (Increased by 2 condos from September)
32 Condo sales are pending and awaiting settlement. (Up by 1 condos from September)
24 Condos Sold (Down by 1 condos from September)
The Jensen Beach FL 34957 Condo Market Report for October shows a continuing active market even as the inventory continues to decline making for fewer available condos available to purchase. The Jensen Beach condo market appears to be one of the few segments that has not been affected by September’s hurricane.
The one month absorption rate for the October 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.5 months (from 3.3 months in September), still a very 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 October 2016 numbers were: 128 active listings, 30 pending sales and 22 condos closed. Considerably stronger activity this year with reduced inventory.
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