The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for December after being down to under 10 condos for last month.  Nice activity for the month as well considering such low availability of condos.  Both close and pending sales were up.

The current absorption rate is 2.6 months (Last month it was 2.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that December not indicate 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 2013 numbers were: 23 active listings, 3 pending sales and no closed sales.  For the past two months, the Hobe Sound condo market has performed much better than last year.

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• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for December after being down to under 10 condos for last month.  Nice activity for the month as well considering such low availability of condos.  Both close and pending sales were up.

The current absorption rate is 2.6 months (Last month it was 2.3 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that December not indicate 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 2013 numbers were: 23 active listings, 3 pending sales and no closed sales.  For the past two months, the Hobe Sound condo market has performed much better than last year.

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• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $100,000 – $200,000
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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is now down to single digits  I haven’t seen this ever before for the Hobe Sound condo market.  Closed sales increased from last month and pending sales dropped slightly.  With the inventory so low, I don’t expect to see much activity until available condos for sale come on the market.

The current absorption rate is 2.3 months (Last month it was 15 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that November not indicate 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 2013 numbers were: 21 active listings, 3 pending sales and 2 closed sales.  Much better activity for this year.  With less than half the inventory, market activity is still double from last year’s values.

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• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
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• Condominium Properties for Sale in Hobe Sound, Florida Between $700,000 – $800,000

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is down to only 15 condos for sale in all of Hobe Sound.  Pending sales were up for October after being zero in September.  Though, only 1 closed sale last month.

The current absorption rate is 15 months (Last month it was 9.5 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that October not indicate 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 2013 numbers were: 15 active listings, 4 pending sales and 1 closed sales. Almost identical to last year’s activity.

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• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $100,000 – $200,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $400,000 – $500,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $500,000 – $600,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $700,000 – $800,000

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There are now no pending sales in the Hobe Sound for September. Not a good sign for future activity. Active listings increased by one and closed sales remained at 2 units.

The current absorption rate is 9.5 months (Last month it was 9 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that September not indicate 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 2013 numbers were: 14 active listings, 3 pending sales and 6 closed sales. A considerably weaker market for Hobe Sound condos this year when compared to last year.

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• Condominium Properties for Sale in Hobe Sound, Florida Between $0 – $100,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $100,000 – $200,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $400,000 – $500,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $500,000 – $600,000
• Condominium Properties for Sale in Hobe Sound, Florida Between $700,000 – $800,000

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately with only 1 pending sale, future activity could be quite weak.  No change in closed sales for August.

The current absorption rate is 9 months (Last month it was 8.5 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that August not indicate 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 2013 numbers were:  14 active listings, 8 pending sales and 1 closed sales.  Pending sales were considerably stronger last year with a smaller inventory.

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Now only 17 available condos listed and both pending and closed sales were steady at two condos apiece.

The current absorption rate is 8.5 months (Last month it was 9 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that July not indicate 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 2013 numbers were:  16 active listings, 10 pending sales and 5 closed sales.  Unfortunately, this years activity is considerably worse than last year.

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2014