Hobe Sound Florida Market Report ZIP Code 33455 Condo, June 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2013
For June 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 19 active condo listings. (Down by 2 condos from May)
[singlepic id=3744 w=500 h=500 float=center]
10 Condo sales are pending and awaiting close or lender approval. (Up by 5 condos from May)
[singlepic id=3745 w=500 h=500 float=center]
0 Condos sold in June (Down 4 condos from May)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There were no sales for condos in June, whoever pending sales doubled to 10 units. Inventory is only 19 units making meaningful interpretation of this market fairly meaningless with such low numbers in this segment of the Martin County condo market.
With 0 sales, the absorption rate for June is nonexistent. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2012 numbers were: 30 active listings, 8 pending sales and 6 closed sales. Pending sales remain stronger than in 2012, and the inventory is off by 30%. Should see these pending condos translate into sales in the coming months.
Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:
[singlepic id=3747 w=700 h=700 float=center]
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, June 2013
Leave a Reply