For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 33 active listings. (Down by 1 condos from September)

14 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from September)

3 Condos Sold (Down by 7 condo from September)

 The Jensen Beach FL 34957 Condo Market Report October 2014 remains a small sector as far as condos in Martin County.  Unfortunately closed sales were down this month after a very good month in September.  Pending sales increased though, which is a good sign for future activity.

The one month absorption rate for the October 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 11 months (3.4 months in September), now a strong sellers market after a couple of weak summer months.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2013 numbers were: 36 active listings, 13 pending sales and 7 condos closed.   Slightly better activity last year, but with such a small number it’s difficult to draw meaningful comparisons.

For September 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 34 active listings. (Up by 8 condos from August)

8 Condo sales are pending and awaiting close or lender approval. (Decreased by 8 condos from August)

10 Condos Sold (Up by 7 condo from August)

 The Jensen Beach FL 34957 Condo Market Report September 2014 remains a small sector as far as condos in Martin County. After three months of decreased inventory, we finally had an increase for September.  Pensing sales were off for the month, but we had an excellent increase in closed sales.

The one month absorption rate for the September 2014, Jensen Beach Florida Market Report ZIP Code 34957 plunged to  3.4 months (8.7 months in August), now a strong sellers market after a couple of weak summer months.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2013 numbers were: 35 active listings, 17 pending sales and 5 condos closed.   Better activity this year, but the smaller number of pending sales is of concern.

For August 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 26 active listings. (Down 4 condos from July)

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

3 Condos Sold (Up by 1 condo from July)

 The Jensen Beach FL 34957 Condo Market Report August 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped with the third month of decreasing inventory in August.  Pending sales increased by 3 condos and closed sales were up by 1.  The increase in pending sales should result in some additional closed sales in the near future.

The one month absorption rate for the August 2014, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 8.7 months (30 months in July), still a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2013 numbers were: 30 active listings, 17 pending sales and 12 condos closed.   It was a much stronger market for Jensen Beach condos in 2013.

For July 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 30 active listings. (Down 1 condo from June)

13 Condo sales are pending and awaiting close or lender approval. (Increased by 3 condos from June)

1 Condos Sold (Down by 2 condos from June)

 The Jensen Beach FL 34957 Condo Market Report July 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped in June’s and available condos for sale remained unchanged for the month and dropped by one for July.  Pending sales increased by 3 condos and closed sales were off to only 1.  The increase in pending sales should result in some additional closed sales in the near future.

The one month absorption rate for the July 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 30 months (10.3 months in June), back into a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2013 numbers were: 31 active listings, 19 pending sales and 9 condos closed.   Pretty dismal July 2014 when compared to last year.

For June 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 31 active listings. (No change from May)

10 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from May)

3 Condos Sold (Down by 2 condos from May)

 The Jensen Beach FL 34957 Condo Market Report June 2014 remains a small sector as far as condos in Martin County. After a couple of months of inventory gains, the trend stopped in Junes and available condos for sale remained unchanged.  Pending sales were up by only 1 condo and closed sales were off.

The one month absorption rate for the June 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 10.3 months (6.2 months in May), back into a buyers market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2012 numbers were: 31 active listings, 24 pending sales and 7 condos closed.   Much stronger activity last year.

For May 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 31 active listings. (Increased by 2 condos from April)

9 Condo sales are pending and awaiting close or lender approval. (Unchanged from April)

5 Condos Sold (Down by 4 condos from April)

 The Jensen Beach FL 34957 Condo Market Report May 2014 remains a small sector as far as condos in Martin County. After dropping down to very low levels, the active inventory has started to rise now for two months in a row.  Unfortunately pending sales remain fairly low as well as a slower volume of closed sales.

The one month absorption rate for the May 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.2 months (3.2 months in April), back into a balanced market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2012 numbers were: 44 active listings, 24 pending sales and 7 condos closed.   Even though the Jensen Beach Condo market activity was better last year, this remains a strong segment for Martin County real estate.

For April 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 29 active listings. (Increased by 6 condos from March)

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

9 Condos Sold (Down by 7 condos from March)

 The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos.  April saw the first increase in inventory in four months for the Jensen beach Condo market.   Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed.   2013 had a much more active market.

For March 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 23 active listings. (Decreased by 4 condos from February)

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

16 Condos Sold (Up by 10 condos from February)

 The Jensen Beach Condo market (zip code 34957) is a very small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last three months in a row.   For as small a segment as this is, activity for March was quite strong with only a small drop in pending sales and and a very strong jump in the closed sale numbers.

The one month absorption rate for the March 2014, Jensen Beach Florida Market Report ZIP Code 34957 is at an incredible 1.4 months (4.5 months in February), meaning the average condo is selling in under 90 days.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2012 numbers were: 54 active listings, 28 pending sales and 13 condos closed.   Better absolute numbers last year, but there was more than double the inventory.  With such low numbers of available condos in the Jensen Beach zip code, I’m predicting considerably slower activity for the near future.

For February 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 27 active listings. (Decreased by 7 condos from January)

20 Condo sales are pending and awaiting close or lender approval. (Up by 1 condos from January)

6 Condos Sold (Up by 2 condos from January)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  After 4 months of slowly increasing inventory, inventory declined for the last two months.   For as small a segment as this is, activity for February was quite strong with good pending and closed sale numbers.

The one month absorption rate for the February 2014, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.5  months (8.5 months in January), back into a sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2012 numbers were: 60 active listings, 31 pending sales and 9 condos closed.   The most striking comparison to last year is the available inventory is less than half of what it was last year.  With that in mind, the relative activity is quite strong.