Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2013
For March 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 22 active condo listings. (Up by 4 condos from February)
[singlepic id=3487 w=600 h=600 float=center]
[singlepic id=3488 w=600 h=600 float=center]
9 Condo sales are pending and awaiting close or lender approval. (Unchanged from February)
[singlepic id=3489 w=600 h=600 float=center]
2 Condos sold in March (Down 2 from February)
[singlepic id=3490 w=600 h=600 float=center]
[singlepic id=3491 w=600 h=600 float=center]
[singlepic id=3492 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. We had a small increase in inventory making the number of available condos go up to 22. Sales were off and pending sales remained unchanged.
The one month absorption rate jumped to 11months, signifying a return to a buyer’s market. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2012 numbers were: 38 active listings, 7 pending sales and 5 closed sales. Difficult to make comparisons from last year with such a small sampling of available units. When inventory differences are accounted for, closed sales are very similar.
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, March 2013
Leave a Reply