Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2013
For April 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 21 active condo listings. (Down 1 condo from March)
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7 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from March)
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5 Condos sold in April (Up 3 condos from March)
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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Sales were up to 5 units for April (over double from March) and pending sales were off slightly. Meaningful interpretation of this market is fairly meaningless with the low number of available condos for sale.
The one month absorption rate jumped to 4.2 months, signifying a return to a seller’s market. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2012 numbers were: 35 active listings, 6 pending sales and 5 closed sales. Still doing better this year when considering the tiny inventory of condos available for sale in Hobe Sound.
Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013
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