Hobe Sound FL 33455 Residential Market Report February 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2018

  For February 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 207 active listings. (Increased by 14 homes from January)

80 Residential sales are pending and awaiting close  (Up by 6 homes from January)

41 Homes Sold in February (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues with strong sales though a greater inventory of available homes for sale would be preferred.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.0 months ( It was 5.2 months in January).  Continuing as a seller’s market for Hobe Sound residential real estate.  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 2017 were:  233 active listings, 76 pending sales, and 50 closed sales.  Better closed sales volume last year but a greater number of pending sales for this February on all significantly lower number of available homes for sale.

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