Hobe Sound FL 33455 Residential Market Report February 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2015

  For February 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 250 active listings. (Up by 19 homes from January)

98 Residential sales are pending and awaiting close  (Up by 31 homes from January)

35 Homes Sold in February (Up by 2 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed some improvement for February after a somewhat slower start for the year.  The largest jump was in pending sales which should result in some very strong sales activity in the next month or two.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 7.1 months (7 months in January).  Just a little shy of a balanced market for Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2013 were:  289 active listings, 98 pending sales and 26 closed sales.   Considerably better activity with the lower number of active homes available on the market.

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