Hobe Sound FL 33455 Residential Market Report July 2014

Hobe Sound FL 33455 Residential Market Report July 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2014

 

 For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 237 active listings. (Down by 24 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2014

 

80 Residential sales are pending and awaiting close  (Decreased by 15 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2014

 

51 Homes Sold in July (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2014

 

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for July had an excellent month for closed sales.  It appears that the inventory is heading lower and with fewer choices we also have less pending sales.  This may be an indication of less closed sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in June).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in June)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2013 were:  238 active listings, 96 pending sales and 42 closed sales.   Very similar to this year’s numbers with the exception of the pending sales which were higher last year.

Hobe Sound FL 33455 Residential Market Report July 2014

 

Hobe Sound, FL Real Estate

Rental Properties

Residential Properties

Vacant Land Properties

Condominium Properties

Commercial Properties

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

Hobe Sound FL 33455 Residential Market Report July 2014

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