Search Results for: Hobe Sound FL 33455 Condo Market Report

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

01.20.14 by

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

 

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

 

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

 

There are currently 23 active condo listings. (Up by 2 condos from November)Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code December 2013

 

3 Condo sales are pending and awaiting close or lender approval. (Unchanged from November)
Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code December 2013

No Condos sold in November (Decreased by 2 condos from November)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For December, there was a another small increase in active listings.  Pending sales remained unchanged and there were no sales in December.

With no sales, there is no absorption rate numbers for this month.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The December 2012 numbers were:  26 active listings, 10 pending sales and 2 closed sales.   Unfortunately, better activity to close out 2012 than this year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code December 2013

 

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

 

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

12.23.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

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

 

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

 

There are currently 21 active condo listings. (Up by 6 condos from October)

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

3 Condo sales are pending and awaiting close or lender approval. (Down by 1 condo from October)
Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

2 Condos sold in October (Increased by 2 condos from October)Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For November, there was a nice increase in active listings.  Unfortunately pending sales decreased by 1 condo.  Sales were only 2 units.

The absorption rate for November decreased to 10.5 moths from last months 15 months.  Still a buyers advantage for those in the Hobe Sound condo market..  Generally, a 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The November 2012 numbers were:  26 active listings, 10 pending sales and 1 closed sales.   Much stronger pending activity last year.  With the increasing inventory, I’m hoping for better numbers in the coming season.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

 

Hobe Sound FL Market Report ZIP Code 33455 Residential November 2013

12.22.13 by

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)

Hobe Sound Florida Market Report ZIP Code 33455 Residential November 2013

75 Residential sales are pending and awaiting close  (Decreased by 9 homes from October)
Hobe Sound Florida Market Report ZIP Code 33455 Residential November 2013

 

37 Homes Sold in November (Up by 11 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential November 2013

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:

 Hobe Sound Florida Market Report ZIP Code 33455 Residential November 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, November 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

11.27.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

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

 

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

 

There are currently 15 active condo listings. (Up by 1 condos from September)

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

4 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from September)
Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

1 Condos sold in September (Decreased by 4 condos from September)

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For October, there was little change in the market, but unfortunately closed sales dropped to only 1 unit.

The absorption rate for October jumped to 15 moths from last months sellers market of 2.8 months.  Back to a strong buyers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The October 2012 numbers were:  29 active listings, 7 pending sales and 2 closed sales.   With only half of last years inventory, it’s difficult to generate any good market activity for Hobe Sound condos.

 

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

 Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

11.26.13 by

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)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

84 Residential sales are pending and awaiting close  (Increased by 15 homes from September)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

 

26 Homes Sold in October (Down by 23 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

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:

 Hobe Sound Florida Market Report ZIP Code 33455 Residential October 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, October 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

10.30.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2013

 

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

 

There are currently 14 active condo listings. (Up by 3 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

3 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from August)
Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

 

6 Condos sold in August (An increase of 5 condos from August)Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For the first time in many months we had a relatively large increase in active listings (by percentage).   Pending sales dropped considerably while closed sales did take a nice increase. 

The absorption rate for September dropped to 2.8 moths from last months buyers market of 14 months.  Back to a strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The September 2012 numbers were:  28 active listings, 7 pending sales and 2 closed sales.   Other than this months pending sales decline, we compare quite favorable to last years numbers.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

09.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2013

 

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

 

There are currently 14 active condo listings. (Down by 2 condos from July)
Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

 

8 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from July)
Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

 

1 Condos sold in July (Decreased by 4 condos from July)Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With an inventory of only 12 active condos it’s not surprising to see decreasing market activity in this segment of the market.  All statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The absorption rate for August jumped to 14 moths from last months sellers market of 3.2 months.  Back to a strong buyer advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The August 2012 numbers were:  26 active listings, 7 pending sales and 2 closed sales.   Inventory is less than half of last year, which relates to the slower activity for August of 2013.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

08.23.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2013

 

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

 

There are currently 16 active condo listings. (Down by 3 condos from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

10 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from June)
Pending - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

 

5 Condos sold in July (Increased by 5 condos from June)

 Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales increased to 5 units from 0 sales in July.  Pending sales were off slightly while the inventory is shrinking to very, very small numbers.

The absorption rate for July is 3.2 months.  A very strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The July 2012 numbers were:  28 active listings, 7 pending sales and 3 closed sales.   Strong activity when compared to 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:

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Condo, June 2013

07.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo, June 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2013

 

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

 

There are currently 19 active condo listings. (Down by 2 condos from May)

[singlepic id=3744 w=500 h=500 float=center]

 

10 Condo sales are pending and awaiting close or lender approval. (Up by 5 condos from May)

[singlepic id=3745 w=500 h=500 float=center]

 

0 Condos sold in June (Down 4 condos from May)

 

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There were no sales for condos in June, whoever pending sales doubled to 10 units. Inventory is only 19 units making meaningful interpretation of this market fairly meaningless with such low numbers in this segment of the Martin County condo market.

With 0 sales, the absorption rate for June is nonexistent.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The June 2012 numbers were:  30 active listings, 8 pending sales and 6 closed sales.   Pending sales remain stronger than in 2012, and the inventory is off by 30%.  Should see these pending condos translate into sales in the coming months.


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

[singlepic id=3747 w=700 h=700 float=center]

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
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Hobe Sound Florida Real Estate presented by:
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Hobe Sound Florida Market Report ZIP Code 33455 Condo, June 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential, June 2013

07.23.13 by

Hobe Sound Florida Market Report ZIP Code 33455  Residential, June 2013

 

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

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

 

There are currently 248 active listings. ( Up by 20 home from May)

[singlepic id=3732 w=500 h=500 float=center]

 

107 Residential sales are pending and awaiting close  (An increase of 2 home from May)

[singlepic id=3733 w=500 h=500 float=center]

 

37 Homes Sold in June (Down by 13 home from last month)

[singlepic id=3734 w=800 h=800 float=center]

 

Sales were off by 13 homes from a very strong May in the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory increased as sellers are realizing that some of the best conditions exist in many years for a successful home sale.  Pending numbers remained strong, decreasing by only 1 home.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 6.7 months from the 4.6 of last month, thus inching back to a very slight buyers market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2012 were:  266 active listings, 93 pending sales and 46 closed sales.   Still a strong showing for this year with some good future potential with the high number of pending sales.

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

[singlepic id=3735 w=700 h=700 float=center]

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Hobe Sound, FL Real Estate

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, June 2013

Hobe Sound Florida Market Report ZIP Code 33455 Condo, May 2013

06.24.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo, May 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2013

 

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

 

There are currently 21 active condo listings. (Unchanged from April)

[singlepic id=3659 w=600 h=600 float=center]

[singlepic id=3660 w=600 h=600 float=center]

 

5 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from April)

[singlepic id=3661 w=600 h=600 float=center]

 

4 Condos sold in May (Down 1 condos from April)

[singlepic id=3662 w=600 h=600 float=center]

[singlepic id=3663 w=600 h=600 float=center]

[singlepic id=3664 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales were only 4 units for May and pending sales were off slightly.  Meaningful interpretation of this market is fairly meaningless with the low number of available condos for sale.

The one month absorption rate jumped to 5.25 months, signifying a return to a seller’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The May 2012 numbers were:  33 active listings, 8 pending sales and 1 closed sales.   Still doing better this year when considering the tiny inventory of condos available for sale in Hobe Sound.


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Hobe Sound Florida Market Report ZIP Code 33455 Condo, May 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential, May 2013

06.23.13 by

Hobe Sound Florida Market Report ZIP Code 33455  Residential, May 2013

 

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

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

 

There are currently 228 active listings. ( Up by 1 home from April)

[singlepic id=3623 w=600 h=600 float=center]

[singlepic id=3624 w=600 h=600 float=center]

105 Residential sales are pending and awaiting close  (A decrease of 1 home from April)

[singlepic id=3625 w=600 h=600 float=center]

50 Homes Sold in May (Down by 1 home from last month)

[singlepic id=3626 w=600 h=600 float=center]

[singlepic id=3627 w=600 h=600 float=center]

[singlepic id=3628 w=600 h=600 float=center]

 

Strong sales activity for a third month in a row for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Numbers for May were almost identical for April.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.6 months from the 4.5 of last month.  Hobe Sound is now a strong seller’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2012 were:  285 active listings, 99 pending sales and 43 closed sales.   Considering the reduced inventory as compared to 2012, the market activity continues to grown and improve for the Hobe Sound residential real estate market.

 

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, May 2013

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013

05.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2013

 

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

 

There are currently 21 active condo listings. (Down 1 condo from March)

[singlepic id=3573 w=600 h=600 float=center]

[singlepic id=3574 w=600 h=600 float=center]

 

7 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from March)

[singlepic id=3575 w=600 h=600 float=center]

 

5 Condos sold in April (Up 3 condos from March)

[singlepic id=3576 w=600 h=600 float=center]

[singlepic id=3577 w=600 h=600 float=center]

[singlepic id=3578 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales were up to 5 units for April (over double from March) and pending sales were off slightly.  Meaningful interpretation of this market is fairly meaningless with the low number of available condos for sale.

The one month absorption rate jumped to 4.2 months, signifying a return to a seller’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The April 2012 numbers were:  35 active listings, 6 pending sales and 5 closed sales.   Still doing better this year when considering the tiny inventory of condos available for sale in Hobe Sound.


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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, April 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

05.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

 

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

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

 

There are currently 227 active listings. ( A decrease of 22 homes from March)

[singlepic id=3537 w=600 h=600 float=center]

[singlepic id=3538 w=600 h=600 float=center]

106 Residential sales are pending and awaiting close  (An increase of 6 homes from March)

[singlepic id=3539 w=600 h=600 float=center]

51 Homes Sold in April (Up 6 homes from last month)

[singlepic id=3540 w=600 h=600 float=center]

[singlepic id=3541 w=600 h=600 float=center]

[singlepic id=3542 w=600 h=600 float=center]

 

Strong sales activity for a second month for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Inventory levels dropped significantly for the month after a slight rise last month.  Pending sales were up.  With such low numbers of available homes on the market, activity might slow in the coming summer months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.5 months.  Continuing from last month into a now stronger seller’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2012 were:  315 active listings, 96 pending sales and 45 closed sales.   Considering the reduced inventory as compared to 2012, the market activity continues to grown and improve for the Hobe Sound residential real estate market.

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2013

04.27.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2013

 

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

 

There are currently 22 active condo listings. (Up by 4 condos from February)

[singlepic id=3487 w=600 h=600 float=center]

[singlepic id=3488 w=600 h=600 float=center]

 

9 Condo sales are pending and awaiting close or lender approval. (Unchanged from February)

[singlepic id=3489 w=600 h=600 float=center]

 

2 Condos sold in March (Down 2 from February)

[singlepic id=3490 w=600 h=600 float=center]

[singlepic id=3491 w=600 h=600 float=center]

[singlepic id=3492 w=600 h=600 float=center]

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We had a small increase in inventory making the number of available condos go up to 22.  Sales were off and pending sales remained unchanged.

The one month absorption rate jumped to 11months, signifying a return to a buyer’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer. 

The March 2012 numbers were:  38 active listings, 7 pending sales and 5 closed sales.  Difficult to make comparisons from last year with such a small sampling of available units.  When inventory differences are accounted for, closed sales are very similar.


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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, March 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, March 2013

04.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, March 2013

 

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

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

 

There are currently 249 active listings. ( An increase of 5 homes from February)

[singlepic id=3445 w=600 h=600 float=center]

[singlepic id=3446 w=600 h=600 float=center]

100 Residential sales are pending and awaiting close  (A decrease of 9 homes from February)

[singlepic id=3447 w=600 h=600 float=center]

45 Homes Sold in March (Up 17 homes from last month)

[singlepic id=3448 w=600 h=600 float=center]

[singlepic id=3449 w=600 h=600 float=center]

[singlepic id=3450 w=600 h=600 float=center]

 

Strong sales activity for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Inventory levels remain low, but did increase slightly for this month.  Pending sales were off for March.  With such low numbers of available homes on the market, activity might slow in the coming summer months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.4 months.  Now a slight seller’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2012 were:  323 active listings, 104 pending sales and 49 closed sales.   Considering the reduced inventory as compared to 2012, the market activity continues to improve.

 

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Hobe Sound, FL Real Estate

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, March 2013

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2013

03.27.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2013

 

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

 

There are currently 18 active condo listings. (Down by 1 condo from January)

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9 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from January)

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  4 Condos sold in February (Unchanged from January)

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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With a significant further decrease in inventory, I don’t see any meaningful market activity coming from this segment in the spring.  For February, good strong closed and pending activity when considering only 18 available condos for sale in this market segment.

The one month absorption rate is down to 4.5 months, signifying a seller’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  If you’re a Hobe Sound condo owner and thinking of selling.  This is your strongest market in over 7 years.

The February 2012 numbers were:  32 active listings, 4 pending sales and 1 closed sales.  The Hobe Sound condo market activity for February of 2013 was far superior to the same month last year.



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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, February 2013

03.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, February 2013

 

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

 

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

There are currently 244 active listings. ( A decrease of 18 homes from January)

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109 Residential sales are pending and awaiting close or lender approval (An increase of 13 homes from January)

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28 Homes Sold in February (Unchanged from last month)

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After a slower start in January for the Hobe Sound residential real estate market (zip code 33455) of Martin County, February market activity picked up a bit.  Closed sales remained steady and pending sales increased.  For the second month, inventory continues to decline in Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 8.7 months.  Still a slight 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 February 2012 were:  342 active listings, 102 pending sales and 31 closed sales.   Considering the reduced inventory as compared to 2012, the Hobe Sound real estate market remains very strong and active.

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, February 2013

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, January 2013

02.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, January 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2013

 

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

 

There are currently 19 active condo listings. (Down by 7 condos from December)

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8 Condo sales are pending and awaiting close or lender approval. (Decreased by 2 condos from December)

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  4 Condos sold in January (An increase of 2 condos from December)

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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With a significant further decrease in inventory, I don’t see any meaningful market activity coming from this segment in the spring.  For January, good strong closed and pending activity when considering only 19 available condos for sale in this market segment.

The one month absorption rate is down to 4.8 months, signifying a sellers market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The January 2012 numbers were:  32 active listings, 3 pending sales and 5 closed sales.  Considering the inventory, the market activity for January of 2013 was better than the same month last year.



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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, January 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, December 2012

01.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, December 2012

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2012

 

For December 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 26 active condo listings. (Unchanged from November)

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10 Condo sales are pending and awaiting close or lender approval. (No change from November)

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  2 Condos sold in December (An increase of 1 condo from November)

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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  December showed very little change from last month (which showed very little change from the previous months as well).  In fact the only change was an increase to 2 closed sales from 1 the previous month.

The one month absorption rate is up to 13 months, signifying that it’s still a buyers market.  But this will almost certainly change in the coming months.   Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  But, with such low numbers, these indicators can easily be misleading.

The December 2011 numbers were:  37 active listings, 7 pending sales and 5 closed sales.  Not quite as robust as last year even when factoring in the smaller inventory of available homes.



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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, December 2012