Jensen Beach FL 34957 Condo Market Report September 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2018
For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 87 active listings. (Increased by 5 condos from August)
27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)
27 Condos Sold (Unchanged from August)
The Jensen Beach FL 34957 Condo Market Report continues to show strong activity. There was a troubling drop in pending sale for the month. This may be an indicator of slower sales in the immediate future.
The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a strong seller’s market. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.
The September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed. Slightly stronger sales this year but also on a greater inventory of available condos for sale.
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