Hobe Sound FL 33455 Condo Market Report March 2015
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2015
For March 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 8 active condo listings. (Down by 11 condos from February)
9 Condo sale is pending and awaiting close. (Up by 4 condos from February)
4 Condos sold in February (Increased by 1 condo from February)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory is at the lowest level that I have seen for Hobe Sound condos ever. We have a greater number of pending sales than we have active listings!
The current absorption rate is 2 months (Last month it was 6.3 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 March not indicate 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 March 2014 numbers were: 22 active listings, 7 pending sales and 3 closed sales. Much stronger activity this year, especially as a percentage of activity when compared to available listings.
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 March 2015
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