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

There are currently 25 active listings. (Decreased by 1 condos from February)

13 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from February)

9 Condos Sold (Decreased by 2 condos from February)

 The Jensen Beach FL 34957 Condo Market Report March 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area.  Good listings at fair prices continue to fly off the market.

The one month absorption rate for the March 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8  months (from 2.4 months in February), continuing as a pretty extreme sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2015 numbers were: 30 active listings, 21 pending sales and 5 condos closed.  Closed sales are better this year than last while pending sales were stronger last year.