For May 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 108 active listings. (Decreased by 10 condos from April)

43 Condo sales are pending and awaiting settlement. (Up by 3 condos from April)

31 Condos Sold (Down by 11 condos from April)

 The Jensen Beach FL 34957 Condo Market Report for May continued to show strong sales activity.  Closed sales were off from last month but still strong.  Unfortunately, like in many other Martin County areas, the inventory is decreasing.

The one-month absorption rate for the May 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.5 months (from 2.4 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2017 numbers were: 122 active listings, 44 pending sales, and 28 condos closed.  Quite a similar volume of sales and pending sales when compared to last year but on a reduced number of condos available for sale.

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