Hobe Sound FL 33455 Residential Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2019

  For June 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 219 active listings. (Down by 6 homes from May)

67 Residential sales are pending and awaiting close  (Down by 15 homes from May)

53 Homes Sold in June (Down by 34 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 returned to a much more sustainable market after a super hot May.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (It was 2.6 months in May).  Remaining in a seller’s market for Hobe Sound residential real estate.  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 2018 were: 192 active listings, 80 pending sales, and 49 closed sales.  Slightly better closed sales volume this year but a considerably poorer showing for pending sales.  We do have a greater inventory of Hobe Sound homes available for sale.

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Hobe Sound FL 33455 Residential Market Report May 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2019

  For May 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 225 active listings. (Down by 2 homes from April)

82 Residential sales are pending and awaiting close  (Down by 8 homes from April)

87 Homes Sold in May (Up by 40 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a surprisingly stong month for closed sales and continues to be a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (It was 4.8 months in April).  Now an extreme seller’s market once 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 May 2018 were:  184 active listings, 92 pending sales, and 63 closed sales.  Much stronger closed sales volume this year along with a considerable greater number of Hobe Sound homes available for sale (inventory).

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Hobe Sound FL 33455 Residential Market Report April 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2019

  For April 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 227 active listings. (Down by 9 homes from March)

90 Residential sales are pending and awaiting close  (Down by 3 homes from March)

47 Homes Sold in April (Up by 12 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 did very well with an increase in the number of closed sales.  The inventory and pending sales were both off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (It was 6.7 months in March).  Transitioning back into a seller’s market after two months in a balanced one.  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 2018 were:  185 active listings, 101 pending sales, and 52 closed sales.  There was a greater volume of both closed and pending sales last year even with a reduced number of homes for sale.

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Hobe Sound FL 33455 Residential Market Report March 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2019

  For March 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 236 active listings. (Down by 20 homes from February)

93 Residential sales are pending and awaiting close  (Up by 27 homes from February)

35 Homes Sold in March (Down by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice big jump in pending sales which should translate to strong sales in the coming months.  Unfortunately, closed sales were down slightly and there was a sizeable drop in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 6.7 months (It was 6.6 months in February).  Remaining in a balanced market for Hobe Sound residential real estate for a second 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 March 2018 were:  194 active listings, 105 pending sales, and 45 closed sales.  Better all around activity last year with less inventory of available Hobe Sound homes for sale.

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Hobe Sound FL 33455 Residential Market Report February 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2019

  For February 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 256 active listings. (Up by 10 homes from January)

66 Residential sales are pending and awaiting close  (Up by 3 homes from January)

39 Homes Sold in February (Up by 13 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales after a weak January.  Though the inventory is increasing and sales appear not to be keeping pace with them at this time.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.6 months (It was 9.5 months in January).  Returning into a balanced market for Hobe Sound residential real estate after one month as a buyer’s 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 February 2018 were:  207 active listings, 80 pending sales, and 41 closed sales.  Slightly better sales activity last year, but also with a reduced number of homes for sale as compared to now.  With, that considered much better activity last year.

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Hobe Sound FL 33455 Residential Market Report January 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2019

  For January 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 246 active listings. (Up by 28 homes from December)

63 Residential sales are pending and awaiting close  (Up by 13 homes from December)

26 Homes Sold in January (Down by 13 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 showed a drop in closed sales and an increase in pending sales on greater inventory.  This segment of the Martin County residential real estate could use some improvement.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 9.5 months (It was 5.6 months in December).  Returning into a buyer’s market for Hobe Sound residential real estate after one month as a seller’s 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 2018 were:  193 active listings, 74 pending sales, and 37 closed sales.  Much better activity last year even though there was less inventory of Hobe Sound homes for sale.

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