For April 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 135 active listings. (Increased by 6 condos from March)

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

41 Condos Sold (Up by 16 condos from March)

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now a very 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 April 2016 numbers were: 113 active listings, 72 pending sales and 37 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

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