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

There are currently 106 active listings. (Increased by 22 condos from October)

24 Condo sales are pending and awaiting settlement. (Down by 8 condos from October)

17 Condos Sold (Down by 7 condos from October)

 The Jensen Beach FL 34957 Condo Market Report for November had a weaker November than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the November 2017, Jensen Beach Florida Market Report ZIP Code 34957 jumped up to 6.2 months (from 3.5 months in October), transitioning into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2016 numbers were: 142 active listings, 28 pending sales and 10 condos closed.  Considerably stronger closed activity this year with reduced inventory.

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