Jensen Beach FL 34957 Residential Market Report September 2018

By
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 September 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2018

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

 There are currently 163 active listings. (Up by 1 home from last month)

Jensen Beach FL 34957 Residential Market Report September 2018

55 Residential sales are pending and awaiting close or lender approval. (Down by 15 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2018

48 Homes Sold (Increased by 3 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2018

The Jensen Beach FL 34957 Residential Market ad a sizeable drop in pending sales while closed sales remain strong.  There’s also a fairly steady supply of inventory.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.4 months ( was 3.6 months in August).  Remaining as a 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 September 2017 numbers were: 142 active listings, 55 pending sales, and 29 home sales closed.  Better activity this year but also with a greater inventory of available homes for sale.
 
Jensen Beach FL 34957 Residential Market Report September 2018
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Jensen Beach FL 34957 Residential Market Report September 2018

Comments (3)

Janice Zaltman
United Realty Group - Boca Raton, FL
South Florida Residential Real Estate

Thanks for the update Gabe! The market is so different throughout the counties.

Nov 01, 2018 07:42 PM
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 

Nov 02, 2018 03:55 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local market reports.

Nov 02, 2018 09:11 AM