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.