Hobe Sound Florida Market Report ZIP Code 33455 – Condo, January 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2013
For January 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 19 active condo listings. (Down by 7 condos from December)
[singlepic id=3296 w=600 h=600 float=center]
[singlepic id=3297 w=600 h=600 float=center]
8 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from December)
[singlepic id=3298 w=600 h=600 float=center]
4 Condos sold in January (An increase of 2 condos from December)
[singlepic id=3299 w=600 h=600 float=center]
[singlepic id=3300 w=600 h=600 float=center]
[singlepic id=3301 w=600 h=600 float=center]
[singlepic id=3302 w=600 h=600 float=center]
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. With a significant further decrease in inventory, I don’t see any meaningful market activity coming from this segment in the spring. For January, good strong closed and pending activity when considering only 19 available condos for sale in this market segment.
The one month absorption rate is down to 4.8 months, signifying a sellers market. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2012 numbers were: 32 active listings, 3 pending sales and 5 closed sales. Considering the inventory, the market activity for January of 2013 was better than the same month last year.
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, January 2013
Leave a Reply