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Hobe Sound FL 33455 Condo Market Report October 2014

Hobe Sound FL 33455 Condo Market Report October 2014

 

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

 

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

 

There are currently 19 active condo listings. (Down by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2014

5 Condo sale is pending and awaiting close. (Up by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2014 

1 Condos sold in September (Decreased from 2 sales in September)

Hobe Sound FL 33455 Condo Market Report October 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is down to only 15 condos for sale in all of Hobe Sound.  Pending sales were up for October after being zero in September.  Though, only 1 closed sale last month.

The current absorption rate is 15 months (Last month it was 9.5 months). The 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 October not indicate a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The October 2013 numbers were: 15 active listings, 4 pending sales and 1 closed sales. Almost identical to last year’s activity.

Hobe Sound FL 33455 Condo Market Report October 2014

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Hobe Sound FL 33455 Condo Market Report October 2014

 

Hobe Sound FL 33455 Residential Market Report October 2014

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)

Hobe Sound FL 33455 Residential Market Report October 2014

 

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

Hobe Sound FL 33455 Residential Market Report October 2014

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

Hobe Sound FL 33455 Residential Market Report October 2014

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.

Hobe Sound FL 33455 Residential Market Report October 2014

 

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Hobe Sound FL 33455 Residential Market Report October 2014

Hobe Sound FL 33455 Condo Market Report September 2014

Hobe Sound FL 33455 Condo Market Report September 2014

 

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

 

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

 

There are currently 19 active condo listings. (Up by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2014

1 Condo sale is pending and awaiting close. (Down 3 condos from August)

 

2 Condos sold in August (Unchanged from August)Hobe Sound FL 33455 Condo Market Report September 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There are now no pending sales in the Hobe Sound for September. Not a good sign for future activity. Active listings increased by one and closed sales remained at 2 units.

The current absorption rate is 9.5 months (Last month it was 9 months). The 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 September not indicate a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The September 2013 numbers were: 14 active listings, 3 pending sales and 6 closed sales. A considerably weaker market for Hobe Sound condos this year when compared to last year.

Hobe Sound FL 33455 Condo Market Report September 2014

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Hobe Sound FL 33455 Condo Market Report September 2014

 

Hobe Sound FL 33455 Residential Market Report September 2014

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)

Hobe Sound FL 33455 Residential Market Report September 2014

 

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

Hobe Sound FL 33455 Residential Market Report September 2014

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

Hobe Sound FL 33455 Residential Market Report September 2014

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.

Hobe Sound FL 33455 Residential Market Report September 2014

 

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Hobe Sound FL 33455 Residential Market Report September 2014

Hobe Sound FL 33455 Condo Market Report August 2014

Hobe Sound FL 33455 Condo Market Report August 2014

 

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

 

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

 

There are currently 18 active condo listings. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2014

1 Condo sale is pending and awaiting close. (Down 3 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2014

2 Condos sold in July (Unchanged from July)

Hobe Sound FL 33455 Condo Market Report August 2014

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately with only 1 pending sale, future activity could be quite weak.  No change in closed sales for August.

The current absorption rate is 9 months (Last month it was 8.5 months).  The 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 August not indicate a true trend in the market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2013 numbers were:  14 active listings, 8 pending sales and 1 closed sales.  Pending sales were considerably stronger last year with a smaller inventory.

Hobe Sound FL 33455 Condo Market Report August 2014

 

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Hobe Sound FL 33455 Condo Market Report August 2014

 

Hobe Sound FL 33455 Residential Market Report August 2014

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)

Hobe Sound FL 33455 Residential Market Report August 2014

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

Hobe Sound FL 33455 Residential Market Report August 2014

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

Hobe Sound FL 33455 Residential Market Report August 2014

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 33455 Residential Market Report August 2014

 

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Hobe Sound FL 33455 Residential Market Report August 2014

Hobe Sound FL 33455 Condo Market Report July 2014

Hobe Sound FL 33455 Condo Market Report July 2014

 

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

 

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

 

There are currently 17 active condo listings. (Down by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2014

 

4 Condo sales are pending and awaiting close. (No change from June)

Hobe Sound FL 33455 Condo Market Report July 2014

 

2 Condos sold in June (Unchanged from June)

Hobe Sound FL 33455 Condo Market Report July 2014

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Now only 17 available condos listed and both pending and closed sales were steady at two condos apiece.

The current absorption rate is 8.5 months (Last month it was 9 months).  The 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 July not indicate a true trend in the market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2013 numbers were:  16 active listings, 10 pending sales and 5 closed sales.  Unfortunately, this years activity is considerably worse than last year.

Hobe Sound FL 33455 Condo Market Report July 2014

 

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Hobe Sound FL 33455 Condo Market Report July 2014

 

Hobe Sound FL 33455 Residential Market Report July 2014

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)

Hobe Sound FL 33455 Residential Market Report July 2014

 

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

Hobe Sound FL 33455 Residential Market Report July 2014

 

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

Hobe Sound FL 33455 Residential Market Report July 2014

 

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 33455 Residential Market Report July 2014

 

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Hobe Sound FL 33455 Residential Market Report July 2014

Hobe Sound FL 33455 Condo Market Report June 2014

Hobe Sound FL 33455 Condo Market Report June 2014

 

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

 

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

 

There are currently 18 active condo listings. (Down by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2014

 

4 Condo sales are pending and awaiting close. (Decreased by 1 condo from May)

Hobe Sound FL 33455 Condo Market Report June 2014

 

2 Condos sold in May (Down by 1 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2014

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With only 18 condos on the market, not much variety for buyers to look at.  And, unfortunately the activity also continued to slow for June with reduced pending and closed listings.

The current absorption rate is 9 months (Last month it was 6.7 months).  The 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 June not indicate a true trend in the market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The June 2013 numbers were:  19 active listings, 10 pending sales and no closed sales.   As poor as the activity was this year, it’s still an improvement over 2013.

Hobe Sound FL 33455 Condo Market Report June 2014

 

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Hobe Sound FL 33455 Condo Market Report June 2014

 

Hobe Sound FL 33455 Residential Market Report June 2014

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)

Hobe Sound FL 33455 Residential Market Report June 2014

 

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

Hobe Sound FL 33455 Residential Market Report June 2014

 

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

Hobe Sound FL 33455 Residential Market Report June 2014

 

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.

Hobe Sound FL 33455 Residential Market Report June 2014

 

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Hobe Sound FL 33455 Residential Market Report June 2014

July 2014 Market Report for Osprey Cove in Hobe Sound

July 2014 Market Report for Osprey Cove in Hobe Sound

There are currently 6 homes for sale in Osprey Cove in Hobe Sound, FL.  Listing prices range from $569,000 to $689,900 for an average price per square foot of living area of $230.59.

There are no homes currently under contract in Osprey Cove.

In the past 12 months, 3 homes have sold with sales prices ranging from $559,000 to $615,000 at an average of $182.55 per sq. ft. of living area.

July 2014 Market Report for Osprey Cove in Hobe Sound

 

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

July 2014 Market Report for Osprey Cove in Hobe Sound

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

July 2014 Market Report for Osprey Cove in Hobe Sound

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

July 2014 Market Report for Osprey Cove in Hobe Sound

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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July 2014 Market Report for Osprey Cove in Hobe Sound

Hobe Sound FL 33455 Condo Market Report May 2014

Hobe Sound FL 33455 Condo Market Report May 2014

 

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

 

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

 

There are currently 20 active condo listings. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2014

5 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2014

3 Condos sold in April (Down by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2014

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  Unfortunately closed sales were off as well as pending sales for May.  The inventory is now down to only 20 available condos, so I’m not expecting any great movement here until this number can increase.

The current absorption rate is 6.7 months (Last month it was 4.2 months).  The 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.  Yet even with these low numbers, we are in a balanced market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The May 2013 numbers were:  21 active listings, 5 pending sales and 4 closed sales.   Little change in market activity from last years numbers.

Hobe Sound FL 33455 Condo Market Report May 2014

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Hobe Sound FL 33455 Condo Market Report May 2014

 

Hobe Sound FL 33455 Residential Market Report May 2014

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)

Hobe Sound FL 33455 Residential Market Report May 2014

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

Hobe Sound FL 33455 Residential Market Report May 2014

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

Hobe Sound FL 33455 Residential Market Report May 2014

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.

Hobe Sound FL 33455 Residential Market Report May 2014

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Hobe Sound FL 33455 Residential Market Report May 2014

June 2014 Market Report The Retreat in Hobe Sound

June 2014 Market Report The Retreat in Hobe Sound

For the June 2014 Market Report The Retreat in Hobe Sound there are currently 4 homes on the market, ranging in price from $259,000 to $335,900 for an average of $159 per square foot of living area.

There is 1 home under contract and awaiting sale.  Listing price is $239,900 at $143 per sq. ft. of living area.

In the past 12 months, 20 homes have sold in the Retreat.  Sales prices ranged from a low of $208,000 to a high of $410,000 at an average of $150 per sq. ft. of living area.

June 2014 Market Report The Retreat in Hobe Sound

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

 June 2014 Market Report The Retreat in Hobe Sound

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts.  Golf course access in right next door at Lost Lake.

 June 2014 Market Report The Retreat in Hobe Sound

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

 June 2014 Market Report The Retreat in Hobe Sound

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

June 2014 Market Report The Retreat in Hobe Sound

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June 2014 Market Report The Retreat in Hobe Sound


Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

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

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

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

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

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 Residential September 2013

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

69 Residential sales are pending and awaiting close  (A decrease of 26 homes from August)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

49 Homes Sold in September (Up by 1 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential September 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.  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:Hobe Sound Florida Market Report ZIP Code 33455 Residential September 2013

 

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

 

 

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