The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  March brought the first sale for condos in Hobe Sound for 2016.  Though, with such low inventory, it is hard to make any meaningful comparisons as long as this market remains like this.

There were no sales in Hobe Sound condos for both January and February, but for March the absorption rate is 1.7 months, for December of 2015 it was 4 months.  Absorption rates in this segment of the Martin County real estate market 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 March 2015 numbers were: 8 active listings, 9 pending sales and 4 closed sales.  Better activity last year with the slightly higher inventory.

Search Hobe Sound Condominium Properties by Price

• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $100,000 – $200,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $400,000 – $500,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $500,000 – $600,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $700,000 – $800,000

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2016