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

There are currently 112 active listings. (Increased by 90 condos from June)

46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)

27 Condos Sold (Up by 24 condos from June)

 For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.

The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed.  We had a change in reporting datsa and we 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.