Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for August 2011

Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for August 2011

For August 2011 in the 33455 Zip Code area of Hobe Sound, Florida :
(Due to technical difficulties the July Market Snapshot data was unavailable)

There are currently 42 active condo listings. (Up 1 from last June)

6 Condo sales are pending and awaiting close or lender approval. (Down 4 from June)

There were 3 sales. (Up 2 units from June)

The condo market for zip code 33455 in Hobe Sound is a fairly small market segment and showed minimal changes this summer. This is actually fairly positive news as we typically see less activity for the summer and early fall months in the more seasonal-driven condo segment of the Martin County real estate market. As long as we don’t have a flood of seasonal listings come on the market this fall, this should bode well for sales this coming season (assuming we don’t have continued terrible economic news as well).