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.

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

There are currently 34 active listings. (Decreased by 7 condos from December)

19 Condo sales are pending and awaiting close or lender approval. (Up by 4 condos from December)

4 Condos Sold (Decreased by 6 condos from December)

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, active listings once again declined.   We ended 2013 with a nice jump in closed sales, but for January sales once again declined.  About the only good news is a nice increase in pending sales.

The one month absorption rate for the January 2014, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 8.5  months (4.1 months in December), back into a buyers’ market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2012 numbers were: 66 active listings, 27 pending sales and 5 condos closed.   Almost double the inventory last year, so with that percentage this condo market is still doing OK, but we need more active listings for any movement to be possible.

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:

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:

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

There are currently 36 active listings. ( Increased by 1 condos from September)

13 Condo sales are pending and awaiting close or lender approval. (Down by 4 condo from September)

7 Condos Sold (Increased by 2 condos from September)

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 two months.   Pending sales were off  for the second month while closed sales rose slightly.

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

The October 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:

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:

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

There are currently 30 active listings. ( Decreased by 1 condo from July)

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

12 Condos Sold (An increase of 3 condos from July)

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.   The inventory went down again, though only by 1 unit and pending sales were off by 2, but still very strong as compared to the available inventory.  Closed sales were up by 3 condos.

The one month absorption rate for the August 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 2.5 months (3.4 months in July), signifying a continuing strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The August 2012 numbers were: 50 active listings, 27 pending sales and 4 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.  This is an excellent time to sell a condo in the Jensen Beach area of Martin County.

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

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

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

19 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from June)

9 Condos Sold (An increase of 2 condos from June)

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 (though unchanged from June).   Pending sales were off slightly (not unexpected as the inventory is so low) while sales were up by two units.

The one month absorption rate for the July 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.4 months, signifying a shift to a strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The July 2012 numbers were: 54 active listings, 23 pending sales and 5 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.

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