Jensen Beach Florida Market Report ZIP Code 34957 – Condo, May 2012
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2012
For May 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the April Market Snapshot data was unavailable)
There are currently 58 active listings. ( Up 5 from April)
26 Condo sales are pending and awaiting close or lender approval. (Down 2 condos from April)
8 Condo Sold (Unchanged from April)
The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. The current inventory remains very low, though there was a small rise this month. Pending sales remain high and closed sales were steady at 8 condos sold for the third month. With an May absorption rate of 7.3 months, the Jensen Beach condo market is very close to a balanced market.
Last May there were 55 active listings, 19 pending sales and 7 closed sales. With the exception of a higher number of pending sales, basically this market is very similar to last year.
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