For December 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 41 active listings. ( Increased by 3 condos from November)

15 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from November)

10 Condos Sold (Increased by 8 condos from November)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Inventory remains very low even though we’ve had increases in the past four months in a row.   We ended 2013 with a nice jump in closed sales from adissapointing November.  Pending sales, dropped by only 1 unit.

The one month absorption rate for the December 2013, Jensen Beach Florida Market Report ZIP Code 34957 dipped to 4.1 months (19months in November), signifying a strong seller’s market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2012 numbers were: 65 active listings, 17 pending sales and 5 condos closed.   Considerably better activity to close out a very positive 2013 as compared to last year.

 Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market: