Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2014
For March 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 21 active condo listings. (Down by 1 condo from March)
6 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from March)
5 Condos sold in March (Up by 2 condos from March)
The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market). April 2014 market activity saw a slight decrease in inventory and pending sales and an increase in closed sales.
The current absorption rate is 4.2 months (Last month it was 7.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market. Yet even with these low numbers, we are in a sellers market for condos in the 33455 zip code area of Hobe Sound. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The April 2013 numbers were: 21 active listings, 7 pending sales and 5 closed sales. Almost identical activity year to year.
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Hobe Sound Florida Real Estate presented by:
Gabe Sanders
Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014
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