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

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

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

There are currently 40 active condo listings. (Up 1 from last month)

8 Condo sales are pending and awaiting close or lender approval. (Down 1 from April)

There was 1 sale. (A decrease of two condos from last month)

The Hobe Sound Condo market was pretty slow for May with only 1 sale.  Pending sales were also off and a slight increase in inventory. Its a pretty weak market for this segment of real estate as the consumers are waiting for some definitive good news on the economy.