Jensen Beach Florida Market Report ZIP Code 34957 – Condo, August 2012

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Real Estate Agent with the BlueWater Realty team specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, August 2012

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2012

 

For August 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 50 active listings. ( A decrease of 4 condos from July)

August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957 August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957

 

27 Condo sales are pending and awaiting close or lender approval. (Up 4 condos from July)

August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957

 

4 Condo Sold (Down 1 from July)

August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957 August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957 August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957 August 2012 Jensen Beach Real Estate Condo Market Report - Snapshot for ZIP Code 34957

 


The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory is now very low at only 50 condos available for sale. This might be an excellent time for those who have a need to sell their Jensen Beach condo in zip code 34957.  Pending sales were up marginally and closed sales fell for August by 1 unit. Considering that this is the summer season where the condo market activity is normally slow, this segment continues with good activity.

The one month absorption rate for the August 2012, Jensen Beach Florida Market Report ZIP Code 34957 stands at a very unimpressive 12.5 months.  Still a strong buyers market, but there just isn’t very much quality inventory.  I’m expecting this to change when some of the pending sales close.

The August 2011 numbers were: 51 active listings, 15 pending sales and 5 condos closed.  Other than the significantly larger number of pending sales, the inventory and closed sales are virtually identical.


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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, August 2012

 
 
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Rainmaker
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Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
Arizona Agents

Gabe:   Great report keep up the good work and good luck with your business in 2012/2013.  E

Sep 23, 2012 04:54 AM #1
Rainmaker
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Bobbie Smith
RE/MAX OF THE POCONOS - Stroudsburg, PA
Real Estate in the Poconos of PA 570-242-1891,

Excellent report Gabe.  Your busy season is just around the corner, I imagine.  Hopefully you will get more condos on the market then.   Good Luck!

Sep 23, 2012 05:05 AM #2
Rainmaker
979,360
Wayne Martin
Michael Saunders & Company - Sarasota, FL
Sales Manager - New Homes & Condominiums Division

Gabe, the market seems to be turning. It will be interesting to see if we get a surge in the market in September and October by early birds expecting the market to heat up in out traditional January to April selling season.

Sep 23, 2012 06:15 AM #3
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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