Jensen Beach FL 34957 Condo Market Report December 2014
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2014
For December 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
There are currently 44 active listings. (Up by 6 condos from November)
15 Condo sales are pending and awaiting close or lender approval. (No change from November)
5 Condos Sold (Up by 1 condo from November)
The Jensen Beach FL 34957 Condo Market Report December 2014 remains a small sector as far as condos in Martin County. We’ve had a couple of months of gains in inventory. Closed sales were up by 1 condo and pending sales remained unchanged.
The one month absorption rate for the December 2014, Jensen Beach Florida Market Report ZIP Code 34957 declined to 8.8 months (9.5 months in November), still a sellers market but heading closer to a balanced one. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.
The December 2013 numbers were: 41 active listings, 15 pending sales and 10 condos closed. Better closed numbers last year. Otherwise similar results.
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