Jensen Beach FL 34957 Condo Market Report April 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2018
For April 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 118 active listings. (Increased by 9 condos from March)
40 Condo sales are pending and awaiting settlement. (Down by 18 condos from March)
42 Condos Sold (Up by 15 condos from March)
The Jensen Beach FL 34957 Condo Market Report for April had a very nice increase in closed sales. Unfortunately pending sales were down indicating a possibility for a reduced volume of closed sales for the coming months. Inventory rose from last month which is a good sign and unlike most of the rest of Martin County areas.
The one-month absorption rate for the April 2018, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8 months (from 4.0 months in March), an even 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 April 2017 numbers were: 135 active listings, 48 pending sales, and 41 condos closed. Very similar numbers when compared to last year.
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