The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For June, 2016 the absorption rate is 1.3 months which is what it was back in April (with no sales reported in May, there was no absorption rate for that month).  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 June 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 June 2015 numbers were: 9 active listings, 2 pending sales and 6 closed sales.  Better closed activity for last year, but this was with over twice as many active condos for sale.  Inventory, or lack of, is playing a major obstacle in the Hobe Sound condo market.

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 June 2016