Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2013
For August 2013 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 233 active listings. ( Down by 5 homes from July)
95 Residential sales are pending and awaiting close (A decrease of 1 home from July)
48 Homes Sold in August (Up by 6 homes from last month)
Closed sales were up again for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County. The inventory levels continue to decrease to record levels not seen since well before the housing crisis began. Pending sales remain strong as well, decreasing by only one home, which is impressive considering the reduced inventory.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.9 months (5.7 months in July). A strong sellers market again. An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for August 2012 were: 298 active listings, 55 pending sales and 37 closed sales. Much stronger results year to year for the Hobe Sound residential real estate market.
Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
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