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

There are currently 80 active listings. (Decreased by 13 condos from July)

41 Condo sales are pending and awaiting settlement. (Up by 6 condos from July)

26 Condos Sold (Down by 6 condos from July)

 The Jensen Beach FL 34957 Condo Market Report for August shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Pending sales were up for the month while closed sales were off, yet still a very hot area.

The one month absorption rate for the August 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.1 months (from 2.9 months in July), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2016 numbers were: 112 active listings, 38 pending sales and 25 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

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