Hobe Sound FL 33455 Condo Market Report May 2016
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2016
For May 2016 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 5 active condo listings. (No change in active condos from April)
7 Condos are pending and awaiting close. (Up by 1 condos from April)
No Condos sold in May. (Down by 4 from last month)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. We are down to only 5 available condos for sale in all of Hobe Sound which is not much for buyers to choose from. Pending sales are strong, but there were no closed sales in May.
There were no sales in Hobe Sound condos for May, but for April the absorption rate was 1.3 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 May 2015 numbers were: 8 active listings, 4 pending sales and 1 closed sales. Pending sales are the only statistic that is doing better this year than last.
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 May 2016
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