Jensen Beach FL 34957 Residential Market Report May 2018

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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 Residential Market Report May 2018

 JENSEN BEACH REAL ESTATE Snapshot for ZIP Code 34957, Residential Sales for May 2018

 For May 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 159 active listings. (Down by 10 from last month)

Jensen Beach FL 34957 Residential Market Report May 2018

90 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

60 Homes Sold (Increased by 1 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

The Jensen Beach FL 34957 Residential Market showed quite strong activity for another month.  The decreasing inventory of available homes for sale is a concern.  It could mean reduced volume of sales in the coming months until this trend reverses itself.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months (was 2.9 months in April).  A very strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The May 2017 numbers were: 178 active listings, 77 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.  More impressive when the fact of a significantly lower number of homes are available this year.
 
Jensen Beach FL 34957 Residential Market Report May 2018
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Jensen Beach FL 34957 Residential Market Report May 2018

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Jensen Beach
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
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Rainmaker
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Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Gabe, looks like the real estate market activity for Jensen Beach in May '18 was pretty brisk. Seems like a strong Seller's market with the 2.7 months absorption rate. 

Jul 05, 2018 04:37 PM #1
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe you packed a lot of information into this market report for Jensen Beach.  Good Job!

Jul 05, 2018 06:34 PM #2
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jul 06, 2018 03:09 AM #3
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local real estate market reports.

Jul 06, 2018 11:14 AM #4
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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