Hobe Sound FL 33455 Condo Market Report February 2018

Hobe Sound FL 33455 Condo Market Report February 2018

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

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

There are currently 10 active condo listings. (Decreased by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2018

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

Hobe Sound FL 33455 Condo Market Report February 2018

1 Condos sold in February. (Decreased by 3 condos from January)

 Hobe Sound FL 33455 Condo Market Report February 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory, pending sales and closed sales all decreased for February.

The absorption rate for Hobe Sound condos was 10.0 months for February as compared to 3.o months in January). 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 February 2017 numbers were: 13 active listings, 6 pending sales, and 2 closed sales.  Stronger activity last year for Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report February 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 February 2018

Hobe Sound FL 33455 Residential Market Report February 2018

Hobe Sound FL 33455 Residential Market Report February 2018

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

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

There are currently 207 active listings. (Increased by 14 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2018

80 Residential sales are pending and awaiting close  (Up by 6 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2018

41 Homes Sold in February (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues with strong sales though a greater inventory of available homes for sale would be preferred.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.0 months ( It was 5.2 months in January).  Continuing as 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 February 2017 were:  233 active listings, 76 pending sales, and 50 closed sales.  Better closed sales volume last year but a greater number of pending sales for this February on all significantly lower number of available homes for sale.

Hobe Sound FL 33455 Residential Market Report February 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 February 2018

Hobe Sound FL 33455 Condo Market Report January 2018

Hobe Sound FL 33455 Condo Market Report January 2018

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

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

There are currently 12 active condo listings. (Increased by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2018

5 Condos are pending and awaiting close. (No change from December)

Hobe Sound FL 33455 Condo Market Report January 2018

4 Condos sold in January. (Unchanged from December)

 Hobe Sound FL 33455 Condo Market Report January 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Results remained unchanged from last month with the exception of a couple of additional condos for sale.

The absorption rate for Hobe Sound condos was 3.o months for January as compared to 2.5 months in December). 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 January 2017 numbers were: 13 active listings, 1 pending sales, and 14 closed sales.  Last January was an unusually strong month for closed sales in Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report January 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 January 2018

Hobe Sound FL 33455 Residential Market Report January 2018

Hobe Sound FL 33455 Residential Market Report January 2018

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

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

There are currently 193 active listings. (Increased by 4 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

74 Residential sales are pending and awaiting close  (Up by 12 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2018

37 Homes Sold in January (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2018

The Hobe Sound Florida Market Report ZIP Code 33455 showed some strong activity to begin the year with increases in both pending and closed sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.2 months ( It was 7.9 months in December).  Back into a sellers market after one month of being in a buyers 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 January 2017 were:  232 active listings, 78 pending sales, and 27 closed sales.  A greater number of closed sales on less inventory this year as compared to January of 2017.

Hobe Sound FL 33455 Residential Market Report January 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 January 2018

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2017

For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 10 active condo listings. (Decreased by 5 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2017

5 Condos are pending and awaiting close. (Down by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2017

4 Condos sold in December. (Up by 1 condos from November)

 Hobe Sound FL 33455 Condo Market Report December 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately, a significant drop in inventory for December.  But, good pending and closed volume.

The absorption rate for Hobe Sound condos was 2.5 months for December as compared to 5 months 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 2016 numbers were: 11 active listings, 2 pending sales, and 4 closed sales.  Very similar activity from year to year.

Hobe Sound FL 33455 Condo Market Report December 2017

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 2017

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2017

  For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 189 active listings. (Decreased by 6 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

62 Residential sales are pending and awaiting close  (Up by 10 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

24 Homes Sold in December (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice jump in pending sales, though closed sales were off from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 7.9 months ( It was 6.1 months in November).  Back into a seller’s market after one month of a balanced 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 December 2016 were:  206 active listings, 57 pending sales, and 40 closed sales.  Considerably stronger closed sales in December 2016 than last month on greater inventory.

Hobe Sound FL 33455 Residential Market Report December 2017

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 2017

Hobe Sound FL 33455 Condo Market Report November 2017

Hobe Sound FL 33455 Condo Market Report November 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2017

For November 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 15 active condo listings. (Increased by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2017

6 Condos are pending and awaiting close. (Down by 2 condo from October)

Hobe Sound FL 33455 Condo Market Report November 2017

3 Condos sold in November. (Up by 2 condos from October)

 Hobe Sound FL 33455 Condo Market Report November 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Market activity improved this month when compared to last month.

The absorption rate for Hobe Sound condos was 5 months for November as compared to 13 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 2016 numbers were: 11 active listings, 4 pending sales, and 0 closed sales.  Somewhat stronger activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report November 2017

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 2017

Hobe Sound FL 33455 Residential Market Report November 2017

Hobe Sound FL 33455 Residential Market Report November 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2017

  For November 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 195 active listings. (Decreased by 17 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2017

52 Residential sales are pending and awaiting close  (Up by 3 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2017

32 Homes Sold in November (Up by 3 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed improvement over last month with an increase in both pending and closed sales activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.1 months ( It was 7.3 months in October).  Back into a balanced market after one month of a 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 2016 were:  204 active listings, 64 pending sales, and 31 closed sales.  Slightly better closed activity but weaker pending sales as compared to last year.

Hobe Sound FL 33455 Residential Market Report November 2017

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 2017

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2017

For October 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 13 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2017

8 Condos are pending and awaiting close. (Up by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2017

1 Condos sold in October. (Unchanged from September)

 Hobe Sound FL 33455 Condo Market Report October 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory dropped this month while sales remained slow.  There was a good jump in pending sales which could have a positive impact on future closed sales.

The absorption rate for Hobe Sound condos was 13 months for October as compared to 17 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 2016 numbers were: 6 active listings, 1 pending sales, and 1 closed sales.  Slightly higher activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report October 2017

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 2017

Hobe Sound FL 33455 Residential Market Report October 2017

Hobe Sound FL 33455 Residential Market Report October 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2017

  For October 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 212 active listings. (Increased by 35 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

49 Residential sales are pending and awaiting close  (Down by 8 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

29 Homes Sold in October (Up by 1 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed a second slower month with an unexpected jump in inventory.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week in September.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 7.3 months ( It was 6.3 months in September).  Now a buyer’s market after a brief month as a balanced 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 October 2016 were:  198 active listings, 59 pending sales, and 33 closed sales.  Better activity for 2016 on slightly lower inventory levels.

Hobe Sound FL 33455 Residential Market Report October 2017

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 October 2017

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2017

For September 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 17 active condo listings. (Increased by 2 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2017

3 Condos are pending and awaiting close. (Down by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2017

1 Condos sold in September. (Decreased by 5 condos from August)

 Hobe Sound FL 33455 Condo Market Report September 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is growing, but unfortunately, sales activity was weak for this month.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The absorption rate for Hobe Sound condos was 17 months for September as compared to 5 months in August). 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 September 2016 numbers were: 5 active listings, 3 pending sales, and 3 closed sales.  Better overall activity last year when compared to this year.

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2017

  For September 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 177 active listings. (Increased by 4 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

57 Residential sales are pending and awaiting close  (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

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

Hobe Sound FL 33455 Residential Market Report September 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed somewhat weaker activity for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.3 months ( It was 3.3 months in August).  Back into a balanced market after a brief month as 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 September 2016 were:  193 active listings, 64 pending sales, and 47 closed sales.  Better activity for 2016 on slightly higher inventory levels.

Hobe Sound FL 33455 Residential Market Report September 2017

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 September 2017

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound FL 33455 Condo Market Report August 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2017

 

For August 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 15 active condo listings. (Decreased by 4 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2017

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

Hobe Sound FL 33455 Condo Market Report August 2017

6 Condos sold in August. (Increased by 6 condos from July)

 Hobe Sound FL 33455 Condo Market Report August 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  A nice increase in sales for the month as compared to no sales for July.

The absorption rate for Hobe Sound condos was 5 months for August as compared to no sales 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 2016 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  Better overall activity this year when compared to last year.

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound FL 33455 Residential Market Report August 2017

Hobe Sound FL 33455 Residential Market Report August 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2017

  For August 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 173 active listings. (Decreased by 35 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2017

62 Residential sales are pending and awaiting close  (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2017

52 Homes Sold in August (Up by 19 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2017

The Hobe Sound Florida Market Report ZIP Code 33455 lost the inventory it gained last month on improved sales volume but also showed a reduced pending sales volume.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.3 months ( 6.3 months in July).  Back into a seller’s market after a brief month as a balanced 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 2016 were:  172 active listings, 89 pending sales, and 60 closed sales.  Better volume of closed sales last year with better pending sales this year and just about the same inventory.

Hobe Sound FL 33455 Residential Market Report August 2017

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 2017

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound FL 33455 Condo Market Report July 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2017

 

For July 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 19 active condo listings. (Increased by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2017

3Condos are pending and awaiting close. (Down by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2017

No Condos sold in July. (Decreased by 3 condos from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There were no sales this month and activity is weak.

The absorption rate for Hobe Sound condos cannot be determined for July as there were no sales (was 5 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 on 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 2016 numbers were: 3 active listings, 6 pending sales and 3 closed sales.  Much higher inventory this year and reduced activity.

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound FL 33455 Residential Market Report July 2017

Hobe Sound FL 33455 Residential Market Report July 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2017

  For July 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 208 active listings. (Increased by 30 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2017

82 Residential sales are pending and awaiting close  (Up by 13 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2017

33 Homes Sold in July (Down by 20 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice rise in inventory and pending sales remain strong. Closed sales were off for the month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 6.3 months (3.4 months in June).  Now, a balanced 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 2016 were:  192 active listings, 83 pending sales, and 46 closed sales.  Better volume of closed sales last year with pending sales just about the same and more inventory.

Hobe Sound FL 33455 Residential Market Report July 2017

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 2017

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound FL 33455 Condo Market Report June 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2017

 

For June 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 15 active condo listings. (Decreased by 1 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2017

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

Hobe Sound FL 33455 Condo Market Report June 2017

3 Condos sold in June. (Increased by 1 condos from May)

 Hobe Sound FL 33455 Condo Market Report June 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Activity remains good, though with such low numbers, it’s dificult to follow any trends.

The absorption rate for Hobe Sound condos decreased to 5 months for June (was 8 months in May).  Back into a sellers’ market for Hobe Sound condos. 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 on 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 2016 numbers were: 4 active listings, 6 pending sales and 3 closed sales.  Similar activity this year while the inventory has more thantripled.

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound FL 33455 Residential Market Report June 2017

Hobe Sound FL 33455 Residential Market Report June 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2017

  For June 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Unchanged from May)

Hobe Sound FL 33455 Residential Market Report June 2017

69 Residential sales are pending and awaiting close  (Up by 3 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2017

53 Homes Sold in June (Down by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2017

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong market, though inventory is getting lower once again and pending sales are down as well.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.4 months (2.8 months in May).  Still in a strong sellers’ 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 2016 were:  193 active listings, 100 pending sales, and 54 closed sales. Similar closed sales with less inventory for this year, but there’s a troubling decrease of pending sales.

Hobe Sound FL 33455 Residential Market Report June 2017

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 June 2017

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2017

For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 16 active condo listings. (Increased by 1 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2017

5 Condos are pending and awaiting close. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2017

2 Condos sold in May. (Decreased by 2 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Closed sales were off for this month, but overall the market activity is still very good.

The absorption rate for Hobe Sound condos decreased to 8 months for May (was 3.8 in April).  Back into a buyers’ market for Hobe Sound condos. 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 on 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 May 2016 numbers were: 5 active listings, 7 pending sales and 0 closed sales.  Better activity this year as the inventory has just about tripled.

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2017

  For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 5 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

66 Residential sales are pending and awaiting close  (Down by 28 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

64 Homes Sold in May (Up by 10 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2017

The Hobe Sound Florida Market Report ZIP Code 33455 continues with a very active selling volume.  Unfortunately, pending sales decreased as has the inventory of available homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.8 months (3.4 months in April).  An extreme sellers’ 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 May 2016 were:  213 active listings, 90 pending sales, and 52 closed sales. Better closed activity for this year on a lower inventory, but pending sales are not as strong as last year.

Hobe Sound FL 33455 Residential Market Report May 2017

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 May 2017