Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2011
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2011
For November 2011 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 40 active condo listings. (Down 2 from last October)
6 Condo sales are pending and awaiting close or lender approval. (Up 3 from October)
No Condos sold in November (Down from 2 sales in October)
The Hobe Sound condo market (Zip Code 33455) is a very small segment of both Hobe Sound real estate as well as the smallest condo market on the Treasure Coast. Unfortunately no sales last month, but the inventory dropped marginally and pending sales were up to 3 units. Compared to last year, where there were 41 listings, 9 pending sales and 1 closed sale, the market has not changed much for Hobe Sound.
Hopefully, we’ll see some improvement in sales in the coming months, but as long as the inventory stays this small, we just don’t see any appreciable rise in numbers. Most of these products are in the lower price ranges and this is where we expect to see activity.
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