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

There are currently 35 active listings. ( Increased by 5 condos from August)

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

5 Condos Sold (A decrease of 7 condos from August)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  Current inventory is at an all time low as compared to the past 10 years, though for September we did have an increase of 5 units.   Pending sales were off by 1 while closed sales were down significantly.

The one month absorption rate for the September 2013, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 7 months (2.5 months in August), signifying a step back into a slight buyers market after numerous months of a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The September 2012 numbers were: 48 active listings, 30 pending sales and 3 condos closed.    The lower number of pending sales is troubling for future sales, however this years market activity compares favorably to September of 2012.

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