Hobe Sound FL 33455 Condo Market Report May 2019
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2019
For May 2018 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 9 active condo listings. (Up by 1 condo from April)
3 Condos are pending and awaiting close. (Up by 2 condos from April)
3 Condos sold in May. (Up by 3 condos from April)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Even with these small number of available condos for sale, the activity remains very robust.
The absorption rate for Hobe Sound condos was 3.0 months for May. 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 in percentages that do 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 2018 numbers were: 6 active listings, 5 pending sales, and 1 closed sale. A better volume of sales and inventory this year. There was a better number of pending sales last year.
Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.
Leave a Reply