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

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

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

There are currently 379 active listings. ( down 30 from April)

93 Residential sales are pending and awaiting close or lender approval (up 4 from last month)

30 Homes Sold in May (down 17 from April)

Continuing decrease in inventory was the most positive sign for the Hobe Sound residential real estate market (zip code 33455) for May.  Sales dropped significantly last month, while those homes awaiting sales were up slightly.  Lots of uncertainty in the market at present as all eyes are on the economy.