Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound FL 33455 Condo Market Report July 2019

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

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

There are currently 10 active condo listings. (Down by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

5 Condos are pending and awaiting close. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

3 Condo sold in July. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  There is surprisingly strong activity for such a small market segment of Martin County.

The absorption rate for Hobe Sound condos was 3.3 months for July (it was 12 months for 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 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 July 2018 numbers were: 5 active listings, 5 pending sales, and 3 closed sales.  Very similar activity when compared to last year for the Hobe Sound July 2019 condo market activity.

Hobe Sound FL 33455 Condo Market Report July 2019

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound FL 33455 Residential Market Report July 2019

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)

Hobe Sound FL 33455 Residential Market Report July 2019

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

Hobe Sound FL 33455 Residential Market Report July 2019

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

Hobe Sound FL 33455 Residential Market Report July 2019

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.

Hobe Sound FL 33455 Residential Market Report July 2019

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Residential Market Report July 2019

Jensen Beach FL 34957 Condo Market Report July 2019

Jensen Beach FL 34957 Condo Market Report July 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2019

For July 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 105 active listings. (Decreased by 6 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

34 Condo sales are pending and awaiting settlement. (Down by 7 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

31 Condos Sold (Up by 8 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2019

 The Jensen Beach FL 34957 Condo Market Report had a drop in inventory and pending sales while the closed sales activity rose for July.

The one-month absorption rate for the July 2019, Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.4 months (from 4.8 months in June). Remaining in a strong seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The July 2018 numbers were: 87 active listings, 34 pending sales, and 26 condos closed.  Slightly better activity this year, but this is with a greater inventory of availblecondos for sale.

Jensen Beach FL 34957 Condo Market Report July 2019

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report July 2019

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2019

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

There are currently 12 active condo listings. (Up by 3 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

3 Condos are pending and awaiting close. (Unchanged from May)

Hobe Sound FL 33455 Condo Market Report June 2019

1 Condo sold in June. (Down by 2 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  This month was slow for closed sales but with an increase in inventory, I expect better results in the coming months.

The absorption rate for Hobe Sound condos was 12 months for June (it was 3.0 months for May).  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 June 2018 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  A better volume of sales and pending sales last year.  TThere is a little greater inventory of condos this year.

Hobe Sound FL 33455 Condo Market Report June 2019

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound FL 33455 Residential Market Report June 2019

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)

Hobe Sound FL 33455 Residential Market Report June 2019

67 Residential sales are pending and awaiting close  (Down by 15 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2019

53 Homes Sold in June (Down by 34 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2019

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.

Hobe Sound FL 33455 Residential Market Report June 2019

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Residential Market Report June 2019