For December 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 134 active listings. (Decreased by 8 condos from November)

26 Condo sales are pending and awaiting settlement. (Down by 2 condos from November)

19 Condos Sold (Up by 10 condos from November)

 The Jensen Beach FL 34957 Condo Market Report for December came back strong after a very weak November.  Sales were up and the inventory decreased.  Unfortunately, pending sales also decreased.

The one month absorption rate for the December 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 7.1 months (from 14.2 months in November), still a buyers market but getting back towards a balanced market once again.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2015 numbers were: 37 active listings, 12 pending sales and 7 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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