Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound FL 33455 Condo Market Report August 2018

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

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

There are currently 4 active condo listings. (Decreased by 1 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos are pending and awaiting close. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos sold in August. (Up by 1 condo from July)

 Hobe Sound FL 33455 Condo Market Report August 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 1.0 months for August as compared to 1.3 months in July).  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 August 2017 numbers were: 15 active listings, 4 pending sales, and 6 closed sales.  Much better activity last year on a greatly larger  inventory.

Hobe Sound FL 33455 Condo Market Report August 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound FL 33455 Residential Market Report August 2018

Hobe Sound FL 33455 Residential Market Report August 2018

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

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

There are currently 172 active listings. (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2018

81 Residential sales are pending and awaiting close  (Up by 13 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2018

37 Homes Sold in August (Down by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a drop in closed sales for the month.  But, also, a rise in pending sales which should result in more sales in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.6 months (It was 3.6 months in July).  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 August 2017 were:  173 active listings, 62 pending sales, and 52 closed sales.  Better sales activity last year and better pending activity for this year.

Hobe Sound FL 33455 Residential Market Report August 2018

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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 August 2018

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound FL 33455 Condo Market Report July 2018

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

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

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 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 1.3 months for July as compared to 6 months in June).  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 July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 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 July 2018

Hobe Sound FL 33455 Residential Market Report July 2018

Hobe Sound FL 33455 Residential Market Report July 2018

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

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

There are currently 192 active listings. (Unchanged from June)

Hobe Sound FL 33455 Residential Market Report July 2018

68 Residential sales are pending and awaiting close  (Down by 12 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2018

53 Homes Sold in July (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June).  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 July 2017 were:  208 active listings, 82 pending sales, and 32 closed sales.  Considerably stronger closed sales this year along with weaker pending sales.

Hobe Sound FL 33455 Residential Market Report July 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 July 2018

Hobe Sound FL 33455 Condo Market Report June 2018

Hobe Sound FL 33455 Condo Market Report June 2018

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

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

There are currently 4 active condo listings. (Decreased by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2018

5 Condos are pending and awaiting close. (Unchanged from May)

Hobe Sound FL 33455 Condo Market Report June 2018

3 Condos sold in June. (Increased by 2 condos from May)

 Hobe Sound FL 33455 Condo Market Report June 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.

The absorption rate for Hobe Sound condos was 1.3 months for June as compared to 6 months in May).  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 June 2017 numbers were: 15 active listings, 4 pending sales, and 3 closed sales.  Similar sales and pending activity to last year on an inventory that is two thirds less.

Hobe Sound FL 33455 Condo Market Report June 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 June 2018