Jensen Beach Florida Market Report ZIP Code 34957 – Condo, September 2011

For September, 2011 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the August Market Snapshot data was unavailable)

There are currently 55 active listings. (Up 4 from August)

10 Condo sales are pending and awaiting close or lender approval. (Down 5 from August)

8 Condos Sold (An increase of 3 condos from August)

The Jensen Beach condo market report (ZIP Code 34957) showed a slow month for September 2011 with only sales showing a positive result with an increase of 3 since August.  Pending sales are off as well as a rising inventory.

As long as the inventory doesn’t increase appreciably this should be a good winter for Palm City condo sales, though prices probably will not increase yet.  Should the inventory continue to increase, pressure will be on prices and may show some more decreases in the future.