Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

1 Condos are pending and awaiting close. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

1 Condos sold in November (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With only 4 actively listed condos, there’s just not that many options out there for buyers.  Amazingly, there were no changes from last month at all.

The current absorption rate is 4 months (Unchanged from last month).  This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The December 2014 numbers were: 13 active listings, 6 pending sales and 5 closed sales.  Much better activity last year with considerably more inventory to work with.

Hobe Sound FL 33455 Condo Market Report December 2015

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2015

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