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

There are currently 38 active listings. ( Increased by 2 condos from October)

16 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from October)

2 Condos Sold (Decreased by 5 condos from October)

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 small increases in the past three months.   Closed sales for November were only 2 condos while pending sales rose slightly.

The one month absorption rate for the November 2013, Jensen Beach Florida Market Report ZIP Code 34957 rose again to 19 months (5.1 months in October), signifying a step into a slight sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2012 numbers were: 29 active listings, 22 pending sales and 8 condos closed.   Not as good a market this year as compared to last for the Jensen beach Condo segment of the Martin County real estate market.

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