Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2017

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

There are currently 17 active condo listings. (Increased by 2 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2017

3 Condos are pending and awaiting close. (Down by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2017

1 Condos sold in September. (Decreased by 5 condos from August)

 Hobe Sound FL 33455 Condo Market Report September 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is growing, but unfortunately, sales activity was weak for this month.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The absorption rate for Hobe Sound condos was 17 months for September as compared to 5 months in August). 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 in percentages that do 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 September 2016 numbers were: 5 active listings, 3 pending sales, and 3 closed sales.  Better overall activity last year when compared to this year.

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

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

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

There are currently 177 active listings. (Increased by 4 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

57 Residential sales are pending and awaiting close  (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

28 Homes Sold in September (Down by 24 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed somewhat weaker activity for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.3 months ( It was 3.3 months in August).  Back into a balanced market after a brief month as a seller’s 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 September 2016 were:  193 active listings, 64 pending sales, and 47 closed sales.  Better activity for 2016 on slightly higher inventory levels.

Hobe Sound FL 33455 Residential Market Report September 2017

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report September 2017

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2017

For September 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Increased by 2 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

31 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

25 Condos Sold (Down by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

 The Jensen Beach FL 34957 Condo Market Report for September shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Activity was off slightly for Jensen beach condos, some of which may have been hurricane related.

The one month absorption rate for the September 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.3 months (from 3.1 months in August), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2016 numbers were: 115 active listings, 37 pending sales and 17 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2017

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound FL 33455 Condo Market Report August 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2017

 

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

 

There are currently 15 active condo listings. (Decreased by 4 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2017

4 Condos are pending and awaiting close. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2017

6 Condos sold in August. (Increased by 6 condos from July)

 Hobe Sound FL 33455 Condo Market Report August 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  A nice increase in sales for the month as compared to no sales for July.

The absorption rate for Hobe Sound condos was 5 months for August as compared to no sales in July). 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 in percentages that do 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 August 2016 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  Better overall activity this year when compared to last year.

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound FL 33455 Residential Market Report August 2017

Hobe Sound FL 33455 Residential Market Report August 2017

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

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

There are currently 173 active listings. (Decreased by 35 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2017

62 Residential sales are pending and awaiting close  (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2017

52 Homes Sold in August (Up by 19 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2017

The Hobe Sound Florida Market Report ZIP Code 33455 lost the inventory it gained last month on improved sales volume but also showed a reduced pending sales volume.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.3 months ( 6.3 months in July).  Back into a seller’s market after a brief month as a balanced 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 August 2016 were:  172 active listings, 89 pending sales, and 60 closed sales.  Better volume of closed sales last year with better pending sales this year and just about the same inventory.

Hobe Sound FL 33455 Residential Market Report August 2017

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report August 2017