Hobe Sound FL 33455 Condo Market Report December 2018

Hobe Sound FL 33455 Condo Market Report December 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2018

For December 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There is currently only 1 active condo listing. (Decreased by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2018

4 Condos are pending and awaiting close. (Down by 4 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2018

5 Condos sold in December. (Up by 2 condo from November)

 Hobe Sound FL 33455 Condo Market Report December 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 0.2 months for December as compared to 0.7months in November).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect 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 December 2017 numbers were: 10 active listings, 5 pending sales, and 4 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report December 2018

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2018

Hobe Sound FL 33455 Residential Market Report December 2018

Hobe Sound FL 33455 Residential Market Report December 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2018

  For December 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 218 active listings. (Up by 11 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2018

50 Residential sales are pending and awaiting close  (Down by 13 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2018

39 Homes Sold in December (Up by 21 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a rebound in closed sales after a terrible November.  There was a decline in pending sales that may affect closed sales in the months ahead.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.6 months (It was 11.5 months in November).  Returning into a slight seller’s 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 December 2017 were:  189 active listings, 62 pending sales, and 24 closed sales.  A larger inventory this year and better closed sales volume.  Unfortunately, a  smaller number of pending sales.

Hobe Sound FL 33455 Residential Market Report December 2018

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report December 2018

Hobe Sound FL 33455 Condo Market Report November 2018

Hobe Sound FL 33455 Condo Market Report November 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2018

For November 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 2 active condo listings. (Decreased by 1 condo from October)

Hobe Sound FL 33455 Condo Market Report November 2018

8 Condos are pending and awaiting close. (Up by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2018

3 Condos sold in November. (Up by 1 condo from October)

 Hobe Sound FL 33455 Condo Market Report November 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 0.7 months for November as compared to 1.5 months in October).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect 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 November 2017 numbers were: 15 active listings, 6 pending sales, and 3 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report November 2018

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2018

Hobe Sound FL 33455 Residential Market Report November 2018

Hobe Sound FL 33455 Residential Market Report November 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2018

  For November 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 207 active listings. (Up by 13 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2018

63 Residential sales are pending and awaiting close  (Up by 14 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2018

18 Homes Sold in November (Down by 34 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a large drop in closed sales for November as compared to last month.  Inventory and pending sales rose for the month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 shot up to 11.5 months (It was 3.7 months in October).  Jumping into a strong buyer’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 November 2017 were:  195 active listings, 52 pending sales, and 32 closed sales.  Better sales activity last year.

Hobe Sound FL 33455 Residential Market Report November 2018

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report November 2018

Hobe Sound FL 33455 Condo Market Report October 2018

Hobe Sound FL 33455 Condo Market Report October 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2018

For October 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 3 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2018

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

Hobe Sound FL 33455 Condo Market Report October 2018

2 Condos sold in October. (Down by 1 condo from September)

 Hobe Sound FL 33455 Condo Market Report October 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.5 months for October as compared to 2.3 months in September).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect 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 2017 numbers were: 13 active listings, 8 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report October 2018

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2018