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

There are currently 22 active listings. (Decreased by 3 condos from July)

13 Condo sales are pending and awaiting settlement. (Unchanged from July)

5 Condos Sold (Increased by 2 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2015

 The Jensen Beach FL 34957 Condo Market Report August 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  Inventory levels are now at historic lows and unless we get some more condos on the market, I suspect this will be a quiet fall and early winter for the Jensen Beach condo market.

The one month absorption rate for the August 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 4.4  months (from 8.3 months in July), back into a sellers’ market after after a one month buyers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2014 numbers were: 26 active listings, 16 pending sales and 3 condos closed.  Better closed numbers for this year, though pending sales were better last year.