Hobe Sound Florida Market Report ZIP Code 33455 – Condo, September 2012
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2012
For September 2012 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 28 active condo listings. (Up 2 from August)
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7 Condo sales are pending and awaiting close or lender approval. (Unchanged from August)
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2 Condos sold in September (Unchanged from August)
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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. September showed very little change from last month. Only an increase of 2 condos in inventory with both pending and closed sales remaining unchanged from August.
The one month absorption rate is 14 months, signifying that it’s still a buyers market. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. But, with such low numbers, these indicators can easily be misleading.
The September 2011 numbers were: 38 active listings, 6 pending sales and 0 closed sales. Other than a significantly lower inventory, very similar results.
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, September 2012
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