For April 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 28 active listings. (Decreased by 2 condos from March)

16 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

11 Condos Sold (Increased by 6 condos from March)

 The Jensen Beach FL 34957 Condo Market Report April 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.   Closed sales were up for the month while both pending sales and active listings declined.  The current inventory is so low that future sales will be impacted unless more condos come on the market.

The one month absorption rate for the April 2015, Jensen Beach Florida Market Report ZIP Code 34957 dropped to2.5  months (from 6 months in March), once again a strong sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2014 numbers were: 29 active listings, 9 pending sales and 9 condos closed.  A better month as compared to last year.