Jensen Beach FL 34957 Condo Market Report February 2016

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Jensen Beach FL 34957 Condo Market Report February 2016

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2016

 

For February 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 26 active listings. (Decreased by 13 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

18 Condo sales are pending and awaiting settlement. (Decreased by 1 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

11 Condos Sold (Increased by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

The Jensen Beach FL 34957 Condo Market Report February 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. A very unexpected and dramatic drop of active condos for sale (inventory), while both pending sales and closed sales increased from the previous month. The future months may be problematic unless the inventory increases.

The one month absorption rate for the February 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.4 months (from 6.5 months in January), bringing this segment of the Martin County condo market back into an extreme sellers market again, after one month as a balanced market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2015 numbers were: 40 active listings, 14 pending sales and 9 condos closed. Better activity this year when compared to last year even though we only have a little more than half the inventory from last year.

Jensen Beach FL 34957 Condo Market Report February 2016

 

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by: Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2016

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Ambassador
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, another excellent Jensen Beach FL 34957 Condo market report. You always provide all the data clients need to learn the full story.

Mar 30, 2016 12:24 PM #1
Rainmaker
5,506,388
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Condo sellers and condo buyers will be in very good hands when they use your professional real estate services.

Mar 30, 2016 09:04 PM #2
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Jul 11, 2016 04:31 AM #3
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For those interested, here’s a link for more information about Jensen Beach FL real estate.

Jul 11, 2016 04:31 AM #4
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Jul 11, 2016 04:32 AM #5
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Gabe Sanders

Stuart Florida Real Estate
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