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

There are currently 51 active listings. ( A decrease of 3 condos from March)

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26 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from March)

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15 Condos Sold (Increased by 2 condos from March)

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The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an almost all time low.   Closed sales were up slightly for April, while pending sales were off slightly.

The one month absorption rate for the April 2013, Jensen Beach Florida Market Report ZIP Code 34957 is now down to 3.4 months.   This signifies a strong seller’s market in Jensen Beach for condos.  Typically, a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The April 2012 numbers were: 53 active listings, 28 pending sales and 8 condos closed.   Much better closed activity for this year.