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.