Hobe Sound FL 33455 Residential Market Report June 2014

Hobe Sound FL 33455 Residential Market Report June 2014

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

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

There are currently 261 active listings. (Down by 11 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2014

 

95 Residential sales are pending and awaiting close  (Increased by 11 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2014

 

40 Homes Sold in June (Down by 7 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2014

 

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for June is showing some very strong pending activity.  An excellent indication for strong future closed sales.  Unfortunately, closed sales were off for June.  The inventory of available homes for sale also declined and is getting fairly low by historical standards for Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 6.5 months (5.8 months in May).  Back into an almost balanced market for Hobe Sound after over a year of being in a sellers market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2013 were:  238 active listings, 96 pending sales and 42 closed sales.   Very nearly identical activity to that of June 2013.

Hobe Sound FL 33455 Residential Market Report June 2014

 

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Hobe Sound FL 33455 Residential Market Report June 2014

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