For October 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 128 active listings. (Increased by 13 condos from September)

30 Condo sales are pending and awaiting settlement. (Down by 7 condos from September)

22 Condos Sold (Up by 5 condos from September)

 For the Jensen Beach FL 34957 Condo Market Report October 2016 had a surprisingly good month in what is typically a slow month for closed activity.  Closed sales were up as well as a nice little jump in inventory. Pending sales were off, but still pretty good.

The one month absorption rate for the October 2016, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 5.8 months (from 6.7 months in September), moving the Jensen Beach condo market back towards a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2015 numbers were: 24 active listings, 17 pending sales and 4 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

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For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 115 active listings. (Increased by 3 condos from August)

37 Condo sales are pending and awaiting settlement. (Down by 1 condos from August)

17 Condos Sold (Down by 8 condos from August)

 For the Jensen Beach FL 34957 Condo Market Report September 2016 had another increase in available condos for sale (inventory) along with a decrease in sales activity.  A typical result for this condo market as we are considered to be in the off season for condos.

The one month absorption rate for the September 2016, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.7 months (from 4.3 months in August), moving the Jensen Beach condo market into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2015 numbers were: 22 active listings, 12 pending sales and 6 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 112 active listings. (Increased by 4 condos from July)

38 Condo sales are pending and awaiting settlement. (Down by 8 condos from July)

25 Condos Sold (Down by 2 condos from July)

 For the Jensen Beach FL 34957 Condo Market Report August 2016 remained on a steady track with activity off by only a slight amount..

The one month absorption rate for the August 2016, Jensen Beach Florida Market Report ZIP Code 34957 inched up slightly to 4.3 months (from 4.1 months in July), keeping Jensen Beach condos in a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2015 numbers were: 22 active listings, 13 pending sales and 5 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 112 active listings. (Increased by 90 condos from June)

46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)

27 Condos Sold (Up by 24 condos from June)

 For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.

The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos 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 July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed.  We had a change in reporting datsa and we are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

For June 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 22 active listings. (Decreased by 4 condos from May)

14 Condo sales are pending and awaiting settlement. (Up by 3 condos from May)

3 Condos Sold (No change in sold condos from May)

 The Jensen Beach FL 34957 Condo Market Report June 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  For June of 2015, available inventory remains quite low, while the pending sales numbers are quite good when the inventory is considered.

The one month absorption rate for the June 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped a bit to 7.3 months (from 8.7 months in May), still a buyers market for the first time in close to two years.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2015 numbers were: 31 active listings, 11 pending sales and 5 condos closed.  Better sales numbers for last year, but pending sales look good for this year even with the reduced inventory of available condos.