For July 2014 in the 34957 Zip Code area of Jensen Beach, Florida :
There are currently 104 active listings. (Decreased by 18 homes from last month)
76 Residential sales are pending and awaiting close or lender approval. (Up by 14 homes from June)
29 Homes Sold (Up by 4 homes from June)
The Jensen Beach FL 34957 Residential Market Report showed a nice rebound from reduced June activity. Both pending and closed sales rose. Unfortunately the active inventory dropped for the month making for fewer choices for Jensen Beach buyers.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.6 months (4.9months in June). 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 July 2013 numbers were: 122 active listings, 72 pending sales and 24 home sales closed. Better activity this year. Especially when considering the reduced inventory. The Jensen Beach residential real estate market is currently the most active in Martin County.