For July 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 30 active listings. (Down 1 condo from June)

13 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from June)

1 Condos Sold (Down by 2 condos from June)

 The Jensen Beach FL 34957 Condo Market Report July 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped in June’s and available condos for sale remained unchanged for the month and dropped by one for July.  Pending sales increased by 3 condos and closed sales were off to only 1.  The increase in pending sales should result in some additional closed sales in the near future.

The one month absorption rate for the July 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 30 months (10.3 months in June), back into a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2013 numbers were: 31 active listings, 19 pending sales and 9 condos closed.   Pretty dismal July 2014 when compared to last year.