Hobe Sound FL 33455 Residential Market Report February 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2017

  For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 233 active listings. (Up by 1 homes from January)

76 Residential sales are pending and awaiting close  (Down by 2 homes from January)

50 Homes Sold in February (Up by 23 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a big jump in closed sales for the month while maintaining inventory as well as pending sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.7 months (8.6 months in January).  Back into a sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2016 were:  206 active listings, 116 pending sales and 27 closed sales.  Considerably stronger activity this year than last for closed sales, but pending sales are somewhat less on greater availability of homes for sale.

Search here for Hobe Sound Florida Real Estate for Sale