For February 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 122 active listings. (Increased by 2 condos from January)

36 Condo sales are pending and awaiting settlement. (Up by 11 condos from January)

13 Condos Sold (Down by 5 condos from January)

 The Jensen Beach FL 34957 Condo Market Report continues to have an increase of available condos for sale.  Closed sales were down for February but pending sales increased.  Hopefully, this will result in stronger sales volume in the coming months.

The one-month absorption rate for the February 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 9.4 months (from 6.7 months in January), back into a buyer’s market after one month in 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 2018 numbers were: 112 active listings, 46 pending sales, and 30 condos closed.  The sales and pending sales volume were stronger last year.  Inventory is up this year as well.

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