Hobe Sound Florida Market Report ZIP Code 33455 – Residential, October 2011

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2011

For October 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 328 active listings. ( Down 20 from September)

59 Residential sales are pending and awaiting close or lender approval (Up 11 from September)

30 Homes Sold in October (An increase of 9 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a surprisingly strong October.  After a disappointing September, all of our indexes moved in a positive direction for a strong market.

Inventory decreased, homes under contract increased and closed sales showed an increase as well.  We are expecting a bit of a slowdown as we enter the holiday season, but time will tell, as the October Hobe Sound results were a bit of a surprise.

This will be an interesting season to watch!