Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2013

 

For August 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 14 active condo listings. (Up by 3 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

3 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from August)
Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

6 Condos sold in August (An increase of 5 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For the first time in many months we had a relatively large increase in active listings (by percentage).   Pending sales dropped considerably while closed sales did take a nice increase. 

The absorption rate for September dropped to 2.8 moths from last months buyers market of 14 months.  Back to a strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The September 2012 numbers were:  28 active listings, 7 pending sales and 2 closed sales.   Other than this months pending sales decline, we compare quite favorable to last years numbers.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Search for Martin County Real Estate

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Leave a Reply