Hobe Sound FL 33455 Residential Market Report June 2016

Hobe Sound FL 33455 Residential Market Report June 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2016

  For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 193 active listings. (Down by 20 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2016

100 Residential sales are pending and awaiting close  (Up by 10 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2016

54 Homes Sold in June (Up by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly even as the inventory declined for this month, though still greater than last year.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 3.6 months (4.1 months in May).  Continuing in the trend for all of Martin County as a sellers 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 June 2015 were:  150 active listings, 119 pending sales and 61 closed sales.  Interestingly for Hobe Sound the inventory is up from last year while volume of sales and pending sales is still lower.  Though, this is still an active market, just not as super heated as last year.

Hobe Sound FL 33455 Residential Market Report June 2016

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Hobe Sound FL 33455 Residential Market Report June 2016

Stuart FL 34996 Condo Market Report June 2016

Stuart FL 34996 Condo Market Report June 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for June 2016

For June 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 74 active condo listings (Down by 46 condos last month).

Stuart FL 34996 Condo Market Report June 2016

27 Condo sales are pending and awaiting close or lender approval (Decreased by 13 condos from May).

Stuart FL 34996 Condo Market Report June 2016

21 Condos Sold in June (Decreased by 11 condos from May) 

Stuart FL 34996 Condo Market Report June 2016

The Stuart FL 34996 Condo Market of Stuart had a large unexpected drop in inventory for this month.  Though the market activity remains strong.  It remains to be seen if this decline in inventory is just a short term phenomenon.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.5 months from May’s 3.8  months.  Still in a strong sellers’ market for June.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for June 2015 were: 102 active listings, 28 pending sales and 26 closed sales.  Slightly better volume last year but also with much more inventory.

Stuart FL 34996 Condo Market Report June 2016

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Stuart FL 34996 Condo Market Report June 2016

Hobe Sound FL 33455 Residential Market Report May 2016

Hobe Sound FL 33455 Residential Market Report May 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2016

  For May 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 213 active listings. (Down by 4 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2016

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

Hobe Sound FL 33455 Residential Market Report May 2016

52 Homes Sold in May (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to be a strong market even as sales and pending sales were slightly down from the previous month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.1 months (4.0 months in April).  The third month in a row of being in a sellers market after two months of 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 May 2015 were:  180 active listings, 113 pending sales and 65 closed sales.  Market activity was better last year even with a reduce inventory, though this is still an active market.

Hobe Sound FL 33455 Residential Market Report May 2016

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Hobe Sound FL 33455 Residential Market Report May 2016

Stuart FL 34996 Condo Market Report May 2016

Stuart FL 34996 Condo Market Report May 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2016

For May 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 120 active condo listings (Down by 6 condos last month).

Stuart FL 34996 Condo Market Report May 2016

40 Condo sales are pending and awaiting close or lender approval (Decreased by 8 condos from April).

Stuart FL 34996 Condo Market Report May 2016

32 Condos Sold in May (Decreased by 5 condos from April) 

Stuart FL 34996 Condo Market Report May 2016

The Stuart FL 34996 Condo Market of Stuart had decreased activity levels for both pending and closed sales.  Though, this is still a very hot segment of the Stuart condo market.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 3.8 months from April’s 3.4 months.  Still in a strong sellers’ market for May.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for May 2015 were: 103 active listings, 39 pending sales and 33 closed sales.  Similar activity to last year, but our inventory is also higher this year making the effective activity a bit weaker.

Stuart FL 34996 Condo Market Report May 2016

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Stuart FL 34996 Condo Market Report May 2016

Hobe Sound FL 33455 Residential Market Report April 2016

Hobe Sound FL 33455 Residential Market Report April 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2016

  For April 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 217 active listings. (Up by 9 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2016

99 Residential sales are pending and awaiting close  (Down by 17 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2016

54 Homes Sold in April (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County while still an active market is showing some signs of weakness with less close sales and pending sales and an increasing inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.0 months (3.8 months in March).  The second month in a row of being in a sellers market after two months of being in a balance 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 2015 were:  178 active listings, 133 pending sales and 63 closed sales. Better activity last year even though there was less inventory.  One of the few areas of Martin County with greater inventory than from 2015.

Hobe Sound FL 33455 Residential Market Report April 2016

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Hobe Sound FL 33455 Residential Market Report April 2016

Stuart FL 34996 Condo Market Report April 2016

Stuart FL 34996 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2016

For April 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 126 active condo listings (Up by 12 condos last month).

Stuart FL 34996 Condo Market Report April 2016

48 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from March).

Stuart FL 34996 Condo Market Report April 2016

37 Condos Sold in April (Increased by 6 condos from March) 

Stuart FL 34996 Condo Market Report April 2016

The Stuart FL 34996 Condo Market of Stuart showed strong sales volume and a welcome increase in inventory for this April 2016 market report.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to only 3.4 months from March’s 3.9 months.  Even a stronger sellers market for April when compared to earlier months.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2015 were: 110 active listings, 55 pending sales and 23 closed sales.  Impressively, better closed sales for this year.  And, also one of the few segments of our market with greater inventory than was available last year.

Stuart FL 34996 Condo Market Report April 2016

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Stuart FL 34996 Condo Market Report April 2016

Hobe Sound FL 33455 Residential Market Report March 2016

Hobe Sound FL 33455 Residential Market Report March 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2016

  For March 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 206 active listings. (Down by 6 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2016

116 Residential sales are pending and awaiting close  (Up by 9 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2016

56 Homes Sold in March (Up by 19 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded very strongly for March with increases in closed and pending sales.  With this kind of activity, the available inventory of homes for sale just isn’t enough to meet the buyers demands.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.8 months (7.6 months in February).  Back to a very strong sellers market after two months of either a balanced or buyers markets.  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 2015 were:  220 active listings, 122 pending sales and 52 closed sales. Stronger closed sales for 2016, but better pending sales and a slightly greater inventory last March.

Hobe Sound FL 33455 Residential Market Report March 2016

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Hobe Sound FL 33455 Residential Market Report March 2016

Stuart FL 34996 Condo Market Report March 2016

Stuart FL 34996 Condo Market Report March 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2016

For March 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 114 active condo listings (Down by 4 condos last month).

Stuart FL 34996 Condo Market Report March 2016

53 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from February).

Stuart FL 34996 Condo Market Report March 2016

29 Condos Sold in March (Increased by 11 condos from February) 

Stuart FL 34996 Condo Market Report March 2016

The Stuart FL 34996 Condo Market of Stuart showed continued strengthening from a weaker first two months of the year.  Though the inventory remains stubbornly low and pending sales were off, which will indicate some reduction in closed volume for the future.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to only 3.9 months from February’s 6.6 months.  Back into a strong sellers market for March.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2015 were: 110 active listings, 61 pending sales and 36 closed sales.  Still not as strong a market as last March.

Stuart FL 34996 Condo Market Report March 2016

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Stuart FL 34996 Condo Market Report March 2016

Hobe Sound FL 33455 Residential Market Report February 2016

Hobe Sound FL 33455 Residential Market Report February 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2016

  For February 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 206 active listings. (Down by 6 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

116 Residential sales are pending and awaiting close  (Up by 40 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

27 Homes Sold in February (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong pending sales gain as compared to last month (and previous months), while after two months of increasing inventory. this month saw a decline.  Closed sales were off for the month, but with the pending numbers so good, I expect to see increases for the next few months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 7.6 months (6.1 months in January).  Into a buyers’ market for February after last months balanced market. Though with the strong rise in pending sales I expect to go back into a sellers market in the next month or two.  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 2014 were:  250 active listings, 98 pending sales and 35 closed sales. Much stronger pending sales this year and weaker closed sales along with a much smaller inventory of available homes.

Hobe Sound FL 33455 Residential Market Report February 2016

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Hobe Sound FL 33455 Residential Market Report February 2016

Stuart FL 34996 Condo Market Report February 2016

Stuart FL 34996 Condo Market Report February 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for February 2016

For February 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 118 active condo listings (Down by 5 condos last month).

Stuart FL 34996 Condo Market Report February 2016

53 Condo sales are pending and awaiting close or lender approval (Increased by 17 condos from January).

Stuart FL 34996 Condo Market Report February 2016

18 Condos Sold in February (Increased by 7 condos from January) 

Stuart FL 34996 Condo Market Report February 2016

The Stuart FL 34996 Condo Market of Stuart showed considerable improvement over a pretty weak January with increases in closed and pending sales.  Unfortunately, also a decrease in inventory, giving buyers less of a selection.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 6.6 months from January’s 11.2 months.  Back into a balanced market for February.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for February 2014 were: 122 active listings, 60 pending sales and 25 closed sales.  Still not as strong a market for condos in this zip code when compared to 2015.

Stuart FL 34996 Condo Market Report February 2016

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Stuart FL 34996 Condo Market Report February 2016

Hobe Sound FL 33455 Residential Market Report January 2016

Hobe Sound FL 33455 Residential Market Report January 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2016

  For January 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 212 active listings. (Up by 25 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2016

76 Residential sales are pending and awaiting close  (Up by 15 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2016

35 Homes Sold in January (Down by 5 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to show mostly positive and strong results with a nice increase in inventory (second month in a row) as well as a healthy increase in pending sales.  Unfortunately closed sales were slightly down for the beginning of the new year.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6.1 months (4.7 months in December).  Back into a balanced market for January after last months sellers market, which is where I expect it will be again next 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 January 2014 were:  249 active listings, 79 pending sales and 46 closed sales. Slightly better numbers for the beginning of last year, but with reduced inventory this year the percentages are actually superior for the current month.

Hobe Sound FL 33455 Residential Market Report January 2016

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Hobe Sound FL 33455 Residential Market Report January 2016

Stuart FL 34996 Condo Market Report January 2016

Stuart FL 34996 Condo Market Report January 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for January 2016

For January 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 123 active condo listings (Up by 21 condos last month).

Stuart FL 34996 Condo Market Report January 2016

37 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from December).

Stuart FL 34996 Condo Market Report January 2016

11 Condos Sold in January (Decreased by 7 condos from December) 

Stuart FL 34996 Condo Market Report January 2016

The Stuart FL 34996 Condo Market of Stuart started out 2016 with pretty weak numbers as compared to both last year and last month.  Sales declined for January, while pending sales were up but still no where near as strong as last year’s numbers.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 11.2 months from December’s 5.7 months.  A major jump into a buyers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2014 were: 125 active listings, 60 pending sales and 23 closed sales.  Much stronger activity last year as compared to 2016.

Stuart FL 34996 Condo Market Report January 2016

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Stuart FL 34996 Condo Market Report January 2016

Hobe Sound FL 33455 Residential Market Report December 2015

Hobe Sound FL 33455 Residential Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2015

  For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 187 active listings. (Up by 21 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2015

61 Residential sales are pending and awaiting close  (Down by 14 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2015

40 Homes Sold in December (Up by 12 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded from a slower November with an increase in closed sales and inventory as well.  Unfortunately, pending sales were off for December.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.7 months (5.9 months in November).  Back into a sellers market for December after one month of a balanced 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 2014 were:  231 active listings, 67 pending sales and 33 closed sales. Showing better closed activity for this year even with the reduced inventory.

Hobe Sound FL 33455 Residential Market Report December 2015

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Hobe Sound FL 33455 Residential Market Report December 2015

Stuart FL 34996 Condo Market Report December 2015

Stuart FL 34996 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2015

For December 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 102 active condo listings (Up by 8 condos last month).

Stuart FL 34996 Condo Market Report December 2015

31 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from November).

Stuart FL 34996 Condo Market Report December 2015

18 Condos Sold in December (Increased by 2 condos from November) 

Stuart FL 34996 Condo Market Report December 2015

The Stuart FL 34996 Condo Market of Stuart continues to do well.  Another increase in inventory that we were in bad need of.  And, pending and closed sales continue to do well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 5.7 months from November’s 5.9 months.  A small move towards a sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2014 were: 142 active listings, 47 pending sales and 21 closed sales.  Somewhat slower market activity for 2015 as compared to last year, though in large measure due to the reduced inventory of available condos for sale.

Stuart FL 34996 Condo Market Report December 2015

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Stuart FL 34996 Condo Market Report December 2015

Hobe Sound FL 33455 Residential Market Report November 2015

Hobe Sound FL 33455 Residential Market Report November 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2015

  For November 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 166 active listings. (Down by 6 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2015

75 Residential sales are pending and awaiting close  (Up by 7 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2015

28 Homes Sold in November (Down by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed less sale as compared to last month, bur continued strong activity and a very good number of pending sales, indicating strong sales for the near future.  After a couple of months of increased inventory, the trend reversed for November.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 5.9 months (3.9 months in October).  Just shy of a balanced market for November.  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 2014 were:  243 active listings, 71 pending sales and 20 closed sales. Considerably better activity this year with a much reduced inventory.

Hobe Sound FL 33455 Residential Market Report November 2015

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Hobe Sound FL 33455 Residential Market Report November 2015

Stuart FL 34996 Condo Market Report November 2015

Stuart FL 34996 Condo Market Report November 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2015

For November 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 94 active condo listings (Up by 15 condos last month).

Stuart FL 34996 Condo Market Report November 2015

32 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from October).

Stuart FL 34996 Condo Market Report November 2015

16 Condos Sold in November (Decreased by 10 condos from October) 

Stuart FL 34996 Condo Market Report November 2015

The Stuart FL 34996 Condo Market of Stuart continues to do well.  The inventory had a nice increase, now two months in a row, as well as an increase in the number of pending sales.  Unfortunately, closed sales were off for November.  Though, I suspect the number of sales will rise dramatically as we enter the season in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 5.9 months from October’s 3.0 months.  Approaching a balanced market after numerous months of a very strong sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for November 2014 were: 144 active listings, 48 pending sales and 24 closed sales.  Much better closed and pending volume last year, though the inventory of available condos is still lower by a considerable margin.

Stuart FL 34996 Condo Market Report November 2015

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Stuart FL 34996 Condo Market Report November 2015

Saint Lucie County Third Quarter 2015 Market Report

Saint Lucie County Third Quarter 2015 Market Report

Saint Lucie County Third Quarter 2015 Market Report

“St. Lucie County housing indicators continued their upward trend in the 3rd quarter with increases in median sale price for single family homes, as well as townhouses/condos.  In addition, the City of Port St. Lucie has once again received national recognition, helping to spur our growth and expansion. Last week, Port St. Lucie was named one of “America’s 50 Best Cities to Live” according to 24/7 Wall St., a website which offers online analysis and commentary for U.S. and global investors. If you are currently in the market looking to buy or sell your home, I suggest speaking with a local REALTOR® from the REALTORS® of St. Lucie County (RSLC), a division of the Realtors® Association of the Palm Beaches (RAPB), for real insight on the home ownership process, said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

Saint Lucie County Third Quarter 2015 Market Report

Hobe Sound FL 33455 Residential Market Report October 2015

Hobe Sound FL 33455 Residential Market Report October 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2015

  For October 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Up by 10 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2015

68 Residential sales are pending and awaiting close  (Down by 21 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2015

44 Homes Sold in October (Up by 12 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County has finally had a couple of months of increased inventory.  This was sorely needed as the pool of available homes for sale was getting to a historically low level.  And, activity continues to be very strong in this market, even as we approach our slower off season.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped down to 3.9 months (5.1 months in September).  Even a stronger sellers’ market for Hobe Sound, after edging closer to a healthier balanced market last 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 October 2014 were:  250 active listings, 55 pending sales and 58 closed sales. Better closed activity last year, though our pending numbers are higher for 2015.  All of this with a considerably reduced inventory.

Hobe Sound FL 33455 Residential Market Report October 2015

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Hobe Sound FL 33455 Residential Market Report October 2015

Stuart FL 34996 Condo Market Report October 2015

Stuart FL 34996 Condo Market Report October 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2015

For October 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 79 active condo listings (Up by 3 condos last month).

Stuart FL 34996 Condo Market Report October 2015

29 Condo sales are pending and awaiting close or lender approval (Decreased by 12 condos from September).

Stuart FL 34996 Condo Market Report October 2015

26 Condos Sold in October (Decreased by 3 condos from September) 

Stuart FL 34996 Condo Market Report October 2015

The Stuart FL 34996 Condo Market is bucking the trend for the off season with increased activity for October.  Nice to see even a small increase in inventory as this segment of the Stuart condo market remain red hot.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.0 months from September’s 2.6 months.  Continuing as a very strong sellers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2014 were: 152 active listings, 50 pending sales and 15 closed sales.  We have a long way to go to get inventory levels close to what they were last year.  Though even with the reduced inventory, market activity remains very strong.

Stuart FL 34996 Condo Market Report October 2015

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Stuart FL 34996 Condo Market Report October 2015

Hobe Sound FL 33455 Residential Market Report September 2015

Hobe Sound FL 33455 Residential Market Report September 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2015

  For September 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 162 active listings. (Up by 13 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2015

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

Hobe Sound FL 33455 Residential Market Report September 2015

32 Homes Sold in September (Down by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to show very strong activity.  It is good to see a small increase in inventory for September, though we still remain quite far below historical averages.  Both pending and closed sales remain quite strong as we head into our typically slower sales months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 5.1 months (4.4 months in August).  Still a sellers’ market for Hobe Sound, though edging closer to a healthier balanced 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 2014 were:  250 active listings, 74 pending sales and 25 closed sales. Considerably stronger activity this year even with a much reduced inventory.

Hobe Sound FL 33455 Residential Market Report September 2015

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Hobe Sound FL 33455 Residential Market Report September 2015