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

There are currently 123 active listings. (Decreased by 9 condos from January)

59 Condo sales are pending and awaiting settlement. (Up by 16 condos from January)

16 Condos Sold (Unchanged from January)

 The Jensen Beach FL 34957 Condo Market Report for February had a decrease in inventory and a nice jump in pending sales while closed sales remained the same.

The one month absorption rate for the February 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 7.7 months (from 8.25 months in January), still a buyers’ market, but trending towards a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2016 numbers were: 26 active listings, 18 pending sales and 11 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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