Jensen Beach FL 34957 Condo Market Report December 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2018
For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 110 active listings. (Increased by 10 condos from November)
18 Condo sales are pending and awaiting settlement. (Down by 6 condos from November)
12 Condos Sold (Down by 3 condos from November)
The Jensen Beach FL 34957 Condo Market Report had c continued increase in inventory and unfortunately a decrease in both pending and closed sales.
The one-month absorption rate for the December 2018, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 9.2 months (from 6.7 months in November), now a buyer’s market for the first time in quite a while. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.
The December 2017 numbers were: 108 active listings, 26 pending sales, and 16 condos closed. There was considerably better activity last year.
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