Hobe Sound FL 33455 Condo Market Report October 2019

Hobe Sound FL 33455 Condo Market Report October 2019

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

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

There are currently 10 active condo listings. (Unchanged from September)

Hobe Sound FL 33455 Condo Market Report October 2019

4 Condos are pending and awaiting close. (Up by 1 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2019

4 Condos sold in October. (Down by 1 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  As a result, it is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 2.5 months for October (it was 2.0 months for September).  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 October 2018 numbers were: 3 active listings, 6 pending sales, and 2 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   Though, there was a bit more activity this year.

Hobe Sound FL 33455 Condo Market Report October 2019

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Hobe Sound FL 33455 Condo Market Report

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 October 2019

Hobe Sound FL 33455 Residential Market Report October 2019

Hobe Sound FL 33455 Residential Market Report October 2019

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

There are currently 172 active listings. (Down by 6 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2019

73 Residential sales are pending and awaiting close  (Up by 1 home from September)

Hobe Sound FL 33455 Residential Market Report October 2019

49 Homes Sold in October (Up by 9 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had an active October with more closed sales than the previous month.  The pending sales remain quite strong as well.

The current absorption rate for the Hobe Sound residential market dropped to 3.5 months (It was 4.5 months in September).  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 October 2018 were: 194 active listings, 49 pending sales, and 52 closed sales.  With a smaller inventory of available homes for sale, sales were the same and pending sales were greater than last year.

Hobe Sound FL 33455 Residential Market Report October 2019

Click here to view the previous Hobe Sound condo market reports

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

Click here to view previous Hobe Sound FL 33455 Residential Market Reports

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 October 2019

Jensen Beach FL 34957 Condo Market Report October 2019

Jensen Beach FL 34957 Condo Market Report October 2019

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

There are currently 100 active listings. (Decreased by 1 condo from September)

Jensen Beach FL 34957 Condo Market Report October 2019

30 Condo sales are pending and awaiting settlement. (Up 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2019

21 Condos Sold (Up by 2 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2019

 The Jensen Beach FL 34957 Condo Market Report rebounded with stronger activity than the past few months.  Sales and pending sales were both up while the inventory remained just about unchanged.

The one-month absorption rate for the October 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.8 months (from 5.3 months in September). Remaining in a 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 October 2018 numbers were: 98 active listings, 22 pending sales, and 17 condos closed.  All in all a better October this year than last.

Jensen Beach FL 34957 Condo Market Report October 2019

Click here to view the previous Jensen Beach condo market reports

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

Click here to view previous Jensen Beach FL 34957 Condo Market Reports

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 October 2019

Hobe Sound FL 33455 Condo Market Report September 2019

Hobe Sound FL 33455 Condo Market Report September 2019

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

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

There are currently 10 active condo listings. (Up by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2019

3 Condos are pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2019

5 Condos sold in September. (Unchanged from August)

Hobe Sound FL 33455 Condo Market Report September 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  As a result, it is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 2.0 months for September (it was 1.8 months for August).  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 September 2018 numbers were: 7 active listings, 1 pending sales, and 3 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   While, there was some increased activity this year.

Hobe Sound FL 33455 Condo Market Report September 2019

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Hobe Sound FL 33455 Condo Market Report

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 September 2019

Hobe Sound FL 33455 Residential Market Report September 2019

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)

Hobe Sound FL 33455 Residential Market Report September 2019

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

Hobe Sound FL 33455 Residential Market Report September 2019

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

Hobe Sound FL 33455 Residential Market Report September 2019

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.

Hobe Sound FL 33455 Residential Market Report September 2019

Click here to view the previous Hobe Sound condo market reports

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

Click here to view previous Hobe Sound FL 33455 Residential Market Reports

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 September 2019