Hobe Sound FL 33455 Condo Market Report July 2015
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2015
For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 3 active condo listings. (Down by 5 condos from June)
6 Condos are pending and awaiting close. (Up by 4 condos from June)
1 Condos sold in June (Decreased by 5 condos from June)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. I may have to stop reporting on Hobe Sound condos if we don’t get more inventory in the next few months. We are down now to only 3 active listings. This is the lowest inventory I’ve ever seen in Hobe Sound or any other segment of the Martin County real estate market since we’ve been looking at the data.
The current absorption rate is 3 months (Last month it was 1.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that July 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 July 2014 numbers were: 17 active listings, 4 pending sales and 2 closed sales. Better closed activity last year, but we still have more pending sales this year.
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 July 2015
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