Hobe Sound FL 33455 Residential Market Report March 2018

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

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

There are currently 194 active listings. (Decreased by 23 homes from February)

105 Residential sales are pending and awaiting close  (Up by 25 homes from February)

45 Homes Sold in March (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong and active real estate market with both pending and closed sales increased when compared to last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.3 months ( It was 5.0 months in February).  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 March 2017 were:  200 active listings, 102 pending sales, and 42 closed sales.  Better activity this year when compared to last March.

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