Hobe Sound FL 33455 Condo Market Report April 2016
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2016
For April 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 5 active condo listings. (No change in active condos from March)
6 Condos are pending and awaiting close. (Down by 1 condos from March)
4 Condos sold. (Up by 1 from last month)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. April showed strong activity for the little existing inventory available for Hobe Sound Condos.
There were no sales in Hobe Sound condos for both January and March, but for April the absorption rate is 1.3 months, for December of 2015 it was 1.7 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 April 2015 numbers were: 10 active listings, 2 pending sales and 5 closed sales. Considering we have just over half the active inventory from last year, this months sales volume is impressive.
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 April 2016
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