Hobe Sound FL 33455 Residential Market Report September 2019

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

There are currently 178 active listings. (Down by 12 homes from August)

72 Residential sales are pending and awaiting close  (Up by 5 homes from August)

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

The Hobe Sound Florida Market Report ZIP Code 33455 closed sales were off for this month while pending sales were up when compared to August.  This market remains quite active.

The current absorption rate for the Hobe Sound residential market dropped to 4.5 months (It was 4.0 months in August).  Remaining 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 September 2018 were: 168 active listings, 56 pending sales, and 48 closed sales.  There was a greater volume of sales last year in this very active segment of the Martin County real estate market.

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Hobe Sound FL 33455 Residential Market Report August 2019

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

There are currently 190 active listings. (Down by 5 homes from July)

67 Residential sales are pending and awaiting close  (Down by 9 homes from July)

47 Homes Sold in August (Up by 9 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active residential real estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound residential market dropped to 4.0 months (It was 5.1 months in July).  Remaining as a strong 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 August 2018 were: 172 active listings, 81 pending sales, and 37 closed sales.  A better number of closed sales this year while pending sales were stronger last year on a reduced number of homes for sale.

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Hobe Sound FL 33455 Residential Market Report July 2019

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

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

There are currently 195 active listings. (Down by 24 homes from June)

76 Residential sales are pending and awaiting close  (Up by 9 homes from June)

38 Homes Sold in July (Down by 15 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active rsidentialreal estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 5.1 months (It was 4.1 months in June).  Remaining in a seller’s market for Hobe Sound residential real estate, but drifting towards 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 July 2018 were: 192 active listings, 68 pending sales, and 53 closed sales.  Better number of closed sales last year while the other metrics are similar to this year.

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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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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)

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

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

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.

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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)

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

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

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.

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Hobe Sound FL 33455 Residential Market Report October 2018

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

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

There are currently 194 active listings. (Up by 26 homes from September)

49 Residential sales are pending and awaiting close  (Down by 7 homes from September)

52 Homes Sold in October (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 showed an increase in inventory while also showing less pending sales when compared to last month. Our sales. however, remain quite strong in the Hobe Sound residential market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose slightly to 3.7 months (It was 3.5 months in September).  Remaining in a strong 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 October 2017 were:  212 active listings, 49 pending sales, and 29 closed sales.  Better activity this year. Interestingly, Hobe Sound residential is one of the few segments of the Martin County real estate market still showing lower inventory than last year.

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Hobe Sound FL 33455 Residential Market Report September 2018

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

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

There are currently 168 active listings. (Down by 4 homes from August)

56 Residential sales are pending and awaiting close  (Down by 25 homes from August)

48 Homes Sold in September (Up by 11 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales and a drop in the pending sales.  Inventory remains a bit lower than we would prefer.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 3.5 months (It was 4.6 months in August).  Remaining in a strong 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 2017 were:  177 active listings, 57 pending sales, and 28 closed sales.  Considerably better activity this year on a reduced number of homes available for sale.

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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)

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

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

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.

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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)

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

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

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.

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Hobe Sound FL 33455 Residential Market Report June 2018

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

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

There are currently 192 active listings. (Increased by 8 homes from May)

80 Residential sales are pending and awaiting close  (Down by 12 homes from May)

49 Homes Sold in June (Down by 14 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 slowed slightly from last month’s toridpace but remains a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3.9 months ( It was 2.9 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 2017 were:  178 active listings, 69 pending sales, and 53 closed sales.  Interestingly Hobe Sound is one of the few areas in Martin County with higher inventory this year than last year.  Closed sales were slightly lower while pending sales were higher for this June.

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Hobe Sound FL 33455 Residential Market Report May 2018

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

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

There are currently 184 active listings. (Decreased by 1 homes from April)

92 Residential sales are pending and awaiting close  (Down by 9 homes from April)

63 Homes Sold in May (Up by 11 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme 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 May 2017 were:  176 active listings, 68 pending sales, and 64 closed sales.  Almost identical sales volume when compared to last year.  Pending sales, though, are much better this year.  Interestingly, this is one of the few areas in Martin County with a higher inventory of homes for sale this year when compared to last year.

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Hobe Sound FL 33455 Residential Market Report April 2018

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

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

There are currently 185 active listings. (Decreased by 9 homes from March)

101 Residential sales are pending and awaiting close  (Down by 4 homes from March)

52 Homes Sold in April (Up by 7 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 showed strong activity for April with closed sales increasing from March as well as strong pending sales numbers.  The inventory is getting quite low by historical standards and could use some mprovemtn with more homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.6 months ( It was 4.3 months in March).  In a pretty extreme 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 April 2017 were:  183 active listings, 94 pending sales, and 54 closed sales.  A very hot market that is similar in sales volume and inventory to last year.

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Hobe Sound FL 33455 Residential Market Report March 2018

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

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

There are currently 194 active listings. (Decreased by 23 homes from February)

105 Residential sales are pending and awaiting close  (Up by 25 homes from February)

45 Homes Sold in March (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong and active real estate market with both pending and closed sales increased when compared to last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.3 months ( It was 5.0 months in February).  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 March 2017 were:  200 active listings, 102 pending sales, and 42 closed sales.  Better activity this year when compared to last March.

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