Jensen Beach FL 34957 Condo Market Report March 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2018
For March 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 109 active listings. (Decreased by 3 condos from February)
58 Condo sales are pending and awaiting settlement. (Up by 12 condos from February)
27 Condos Sold (Down by 3 condos from February)
The Jensen Beach FL 34957 Condo Market Report for March had a slightly lower closed sale volume while pending sales increased. This market is in need of some additional inventory.
The one-month absorption rate for the March 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.0 months (from 3.7 months in February), remaining in a seller’s market after a short two months outside of this. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.
The March 2017 numbers were: 129 active listings, 54 pending sales, and 25 condos closed. Considerably better sales and pending sales this year with a significantly lower inventory of available condos for sale.
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