Hobe Sound FL 33455 Residential Market Report January 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2017

  For January 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 232 active listings. (Up by 26 homes from December)

78 Residential sales are pending and awaiting close  (Up by 19 homes from December)

27 Homes Sold in January (Down by 13 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed a drop in closed sales from last month along with an increase in listings.  Pending sales look good, however, for future closed activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 8.6 months (5.2 months in December).  Once again, a buyers’ 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 January 2016 were:  212 active listings, 76 pending sales and 35 closed sales.  Slightly weaker activity with a little bit more inventory this year.

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