Hobe Sound FL 33455 Condo Market Report October 2014
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2014
For October 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 19 active condo listings. (Down by 5 condo from September)
5 Condo sale is pending and awaiting close. (Up by 4 condos from September)
1 Condos sold in September (Decreased from 2 sales in September)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory is down to only 15 condos for sale in all of Hobe Sound. Pending sales were up for October after being zero in September. Though, only 1 closed sale last month.
The current absorption rate is 15 months (Last month it was 9.5 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 October 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 October 2013 numbers were: 15 active listings, 4 pending sales and 1 closed sales. Almost identical to last year’s activity.
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 October 2014
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