Hobe Sound FL 33455 Residential Market Report October 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2014

  For October 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 250 active listings. (Down by 1 home from September)

 

55 Residential sales are pending and awaiting close  (Decreased by 19 homes from September)

58 Homes Sold in October (Up by 33 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for October showed a very strong recovery in closed sales from a weak September.  Unfortunately, pending sales were off a bit. Inventory pretty much unchanged.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.3 months (10 months in September).  Back into a sellers market for Hobe Sound, which is where it’s been for the past 12 months except for last month. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2013 were:  249 active listings, 84 pending sales and 26 closed sales.   Much better sales activity, unfortunately pending sales are weaker this year.

 

Search here for Hobe Sound Florida Real Estate for Sale

 

Hobe Sound FL 33455 Residential Market Report September 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2014

  For September 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 250 active listings. (Up by 8 homes from August)

 

74 Residential sales are pending and awaiting close  (Increased by 14 homes from August)

25 Homes Sold in September (Down by 24 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for September had a much weaker month with closed sales almost dropping by half.  The silver lining is that pending sales as well as the inventory of available homes was up, indicating good future activity in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 10 months (4.6 months in August).  Back into a buyers market for Hobe Sound, after over a year of being in a sellers market. I don’t expect this to continue though, and we should be back closer to a balanced or even a sellers market again next month.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2013 were:  245 active listings, 69 pending sales and 49 closed sales.   Considerably worse closed sales activity as compared to last year.

 

Search here for Hobe Sound Florida Real Estate for Sale

 

Hobe Sound FL 33455 Residential Market Report August 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2014

  For August 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 242 active listings. (Up by 5 homes from July)

60 Residential sales are pending and awaiting close  (Decreased by 20 homes from July)

49 Homes Sold in August (Down by 2 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for August had another excellent month for closed sales.  Though, troubling is the large drop in pending sales this month.  Inventory rose by a small amount which is a bit surprising for the month of August.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in July).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in July)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2013 were:  233 active listings, 95 pending sales and 48 closed sales.   Very similar to this year’s numbers with the exception of the lower number of pending sales this year.

 

Hobe Sound, FL Real Estate

Rental Properties

• Rental Properties for Rent in Hobe Sound, Florida Between $0 – $500,000

Residential Properties

• Residential Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
• Residential Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000
• Residential Properties for Sale in Hobe Sound, Florida Between $1,000,000 – $1,500,000
• Residential Properties for Sale in Hobe Sound, Florida Between $1,500,000 – $2,000,000
• Residential Properties for Sale in Hobe Sound, Florida Between $2,000,000 – $2,500,000
• Residential Properties for Sale in Hobe Sound, Florida Between $2,500,000 – $3,000,000

Vacant Land Properties

• Vacant Land Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
• Vacant Land Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000

Condominium Properties

• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000

Commercial Properties

• Commercial Properties for Sale in Hobe Sound, Florida Between $0 – $500,000

 

Hobe Sound FL 33455 Residential Market Report July 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2014

 

 For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 237 active listings. (Down by 24 homes from June)

 

80 Residential sales are pending and awaiting close  (Decreased by 15 homes from June)

 

51 Homes Sold in July (Up by 11 homes from last month)

 

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for July had an excellent month for closed sales.  It appears that the inventory is heading lower and with fewer choices we also have less pending sales.  This may be an indication of less closed sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in June).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in June)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2013 were:  238 active listings, 96 pending sales and 42 closed sales.   Very similar to this year’s numbers with the exception of the pending sales which were higher last year.

 

Hobe Sound, FL Real Estate

Rental Properties

• Rental Properties for Rent in Hobe Sound, Florida Between $0 – $500,000

Residential Properties

• Residential Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
• Residential Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000
• Residential Properties for Sale in Hobe Sound, Florida Between $1,000,000 – $1,500,000
• Residential Properties for Sale in Hobe Sound, Florida Between $1,500,000 – $2,000,000
• Residential Properties for Sale in Hobe Sound, Florida Between $2,000,000 – $2,500,000
• Residential Properties for Sale in Hobe Sound, Florida Between $2,500,000 – $3,000,000

Vacant Land Properties

• Vacant Land Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
• Vacant Land Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000

Condominium Properties

• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $500,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $500,000 – $1,000,000

Commercial Properties

• Commercial Properties for Sale in Hobe Sound, Florida Between $0 – $500,000

Hobe Sound FL 33455 Residential Market Report June 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2014

 For June 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 261 active listings. (Down by 11 homes from May)

 

95 Residential sales are pending and awaiting close  (Increased by 11 homes from May)

 

40 Homes Sold in June (Down by 7 homes from last month)

 

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for June is showing some very strong pending activity.  An excellent indication for strong future closed sales.  Unfortunately, closed sales were off for June.  The inventory of available homes for sale also declined and is getting fairly low by historical standards for Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 6.5 months (5.8 months in May).  Back into an almost balanced market for Hobe Sound after over a year of being in a sellers market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2013 were:  238 active listings, 96 pending sales and 42 closed sales.   Very nearly identical activity to that of June 2013.

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound FL 33455 Residential Market Report May 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2014

 For May 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 272 active listings. (Down by 26 homes from April)

84 Residential sales are pending and awaiting close  (Decreased by 4 homes from April)

47 Homes Sold in May (Up by 5 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for May had excellent market activity across the board.  Unfortunately the inventory continues to declines which could have an effect on the total number of sales in the future as there is less to choose from for buyers.  Closed sales were up for May while pending sales were off slightly.  However both sets of activity remain quite healthy.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 5.8 months (5.4 months in April).  A slight sellers market for Hobe Sound, which is where we were for most of 2013.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2013 were:  228 active listings, 105 pending sales and 50 closed sales.   Not as robust a sellers market as it was in 2013, but still very good activity.

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2014

 For April 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 228 active listings. (Down by 70 homes from March)

88 Residential sales are pending and awaiting close  (Decreased by 20 homes from March)

42 Homes Sold in April (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for April had excellent market activity across the board.  Please disregard the apparent large inventory decrease for this month as the Realtor Association of Martin County has changed their area definitions, hopefully we will get this sorted out for next month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.4 months (7.8 months in March).  Back into a sellers market for Hobe Sound, which is where we were for most of 2013.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2013 were:  2227 active listings, 106 pending sales and 51 closed sales.  Better overall activity last year.

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2014

 For March 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 298 active listings. (Up by 9 homes from February)

 

108 Residential sales are pending and awaiting close  (Increased by 10 homes from February)

38 Homes Sold in March (Up by 12 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for March had excellent market activity across the board..  Both pending and closed sales were up as well as a mice little increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7.8 months (11.1 months in February).  Still a buyers market, but getting close to a balanced market again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2013 were:  249 active listings, 100 pending sales and 45 closed sales. Better numbers this year than last, though when the increased inventory for this year is factored in, very similar in a percentage basis.

 

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2014

 For February 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 289 active listings. (Up by 2 homes from January)

98 Residential sales are pending and awaiting close  (Increased by 21 homes from January)

 

26 Homes Sold in February (Down by 17 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for February had a disappointing decrease in closed sales, though all other indications are positive for the future.  Especially a good increase in pending sales.  The inventory remained basically unchanged.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 11.1 months (6.8 months in January).  Slipping back into a buyers market (though I believe this is just temporary).  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2013 were:  244 active listings, 109 pending sales and 28 closed sales.  Interestingly with a sizable increase in inventory for 2014, numbers are very similar to last year.  This is an indication of a somewhat weaker market activity for this year.

 

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code January 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2014

 For January 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 287 active listings. (Up by 21 homes from December)

 

77 Residential sales are pending and awaiting close  (Increased by 2 homes from December)

 

43 Homes Sold in January (Up by 1 home1 from last month)

After a strong finish for 2013 from the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County, January began with continued strong market activity.  All measured activity in this report showed good gains.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose slightly tot 6.8  months (6.2 months in December).  A balanced market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2013 were:  262 active listings, 96 pending sales and 28 closed sales.  With the exception of the pending sales numbers, better activity this year as compared to January 2013.

 

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2013

 For December 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 266 active listings. (Down by 11 homes from November)

 

75 Residential sales are pending and awaiting close  (Unchanged from November)

 

43 Homes Sold in December (Up by 6 homes from last month)

A strong finish for 2013 from the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Pending sales were unchanged for December while sales increased.  Inventory decreased after a fairly sizable increase from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 6.2 months (7.5 months in November).  A balanced market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2012 were:  293 active listings, 84 pending sales and 45 closed sales.  Very similar numbers to the end of last year when the reduced inventory s taken into account.

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound FL Market Report ZIP Code 33455  Residential November 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2013

 For November 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 277 active listings. (Up by 28 homes from October)

75 Residential sales are pending and awaiting close  (Decreased by 9 homes from October)

 

37 Homes Sold in November (Up by 11 homes from last month)

Continued strong results from the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Pending sales were off for November, though this is more than likely a seasonal issue.  Interestingly there was a sizable increase in the active inventory which could be an indication of some pent up seller demand from the slow markets of the past years.  Closed sales were up for November.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 7.5  months (9.6 months in October).  Currently a very slight buyers market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2012 were:  301 active listings, 96 pending sales and 29 closed sales.  Better activity for 2013 than last year.

 Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Market Report ZIP Code 33455  Residential October 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2013

 For October 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 249 active listings. (Up by 4 homes from September)

84 Residential sales are pending and awaiting close  (Increased by 15 homes from September)

 

26 Homes Sold in October (Down by 23 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  After last month’s large decrease in pending sales, we had a significant decrease in closed sales this moth as well.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 9.6 months (5 months in September).  This is an unexpected jump back into a fairly strong buyer’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2012 were:  300 active listings, 79 pending sales and 26 closed sales.   Slightly better numbers for this year when the reduced inventory is factored into the activity.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

 

Search here for Hobe Sound Florida Real Estate for Sale

Hobe Sound Florida Market Report ZIP Code 33455  Residential September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2013

 For September 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 245 active listings. (Up by 12 homes from August)

69 Residential sales are pending and awaiting close  (A decrease of 26 homes from August)

 

49 Homes Sold in September (Up by 1 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains quite active and is one of the strongest performing areas of our county.  Troubling for this month was the large decrease in pending sales.  Hopefully, this is just a seasonal effect and will not signify slower sales for the near future.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 5 months (4.9 months in August).  Continuing as a sellers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2012 were:  316 active listings, 69 pending sales and 15 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market for this September.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

 

Search here for Hobe Sound Florida Real Estate for Sale

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:

 

Search here for Hobe Sound Florida Real Estate for Sale