Hobe Sound FL 33455 Residential Market Report May 2018

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

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

There are currently 184 active listings. (Decreased by 1 homes from April)

92 Residential sales are pending and awaiting close  (Down by 9 homes from April)

63 Homes Sold in May (Up by 11 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme 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 May 2017 were:  176 active listings, 68 pending sales, and 64 closed sales.  Almost identical sales volume when compared to last year.  Pending sales, though, are much better this year.  Interestingly, this is one of the few areas in Martin County with a higher inventory of homes for sale this year when compared to last year.

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Hobe Sound Florida Real Estate for Sale