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

There are currently 132 active listings. (Decreased by 2 condos from December)

43 Condo sales are pending and awaiting settlement. (Up by 17 condos from December)

16 Condos Sold (Down by 3 condos from December)

 The Jensen Beach FL 34957 Condo Market Report for January showed fewer closed sales bu a very strong rise in pending sales which should result in better closed activity for the next few months.

The one month absorption rate for the January 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.25 months (from 7.1 months in December), a little stronger buyers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2016 numbers were: 39 active listings, 19 pending sales and 6 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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