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)

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

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

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.

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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)

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

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

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.

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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)

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

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

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.

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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)

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

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

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.

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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)

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

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

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.

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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)

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

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

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.

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