Hobe Sound FL 33455 Residential Market Report September 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2018

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

There are currently 168 active listings. (Down by 4 homes from August)

56 Residential sales are pending and awaiting close  (Down by 25 homes from August)

48 Homes Sold in September (Up by 11 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales and a drop in the pending sales.  Inventory remains a bit lower than we would prefer.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 3.5 months (It was 4.6 months in August).  Remaining in a strong 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 2017 were:  177 active listings, 57 pending sales, and 28 closed sales.  Considerably better activity this year on a reduced number of homes available for sale.

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Hobe Sound FL 33455 Residential Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2018

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

There are currently 172 active listings. (Down by 20 homes from July)

81 Residential sales are pending and awaiting close  (Up by 13 homes from July)

37 Homes Sold in August (Down by 16 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a drop in closed sales for the month.  But, also, a rise in pending sales which should result in more sales in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.6 months (It was 3.6 months in July).  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 August 2017 were:  173 active listings, 62 pending sales, and 52 closed sales.  Better sales activity last year and better pending activity for this year.

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Hobe Sound FL 33455 Residential Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2018

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

There are currently 192 active listings. (Unchanged from June)

68 Residential sales are pending and awaiting close  (Down by 12 homes from June)

53 Homes Sold in July (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June).  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 July 2017 were:  208 active listings, 82 pending sales, and 32 closed sales.  Considerably stronger closed sales this year along with weaker pending sales.

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Hobe Sound FL 33455 Residential Market Report June 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2018

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

There are currently 192 active listings. (Increased by 8 homes from May)

80 Residential sales are pending and awaiting close  (Down by 12 homes from May)

49 Homes Sold in June (Down by 14 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 slowed slightly from last month’s toridpace but remains a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3.9 months ( It was 2.9 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 2017 were:  178 active listings, 69 pending sales, and 53 closed sales.  Interestingly Hobe Sound is one of the few areas in Martin County with higher inventory this year than last year.  Closed sales were slightly lower while pending sales were higher for this June.

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Hobe Sound FL 33455 Residential Market Report May 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2018

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

There are currently 184 active listings. (Decreased by 1 homes from April)

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

63 Homes Sold in May (Up by 11 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme 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 May 2017 were:  176 active listings, 68 pending sales, and 64 closed sales.  Almost identical sales volume when compared to last year.  Pending sales, though, are much better this year.  Interestingly, this is one of the few areas in Martin County with a higher inventory of homes for sale this year when compared to last year.

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Hobe Sound FL 33455 Residential Market Report April 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2018

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

There are currently 185 active listings. (Decreased by 9 homes from March)

101 Residential sales are pending and awaiting close  (Down by 4 homes from March)

52 Homes Sold in April (Up by 7 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 showed strong activity for April with closed sales increasing from March as well as strong pending sales numbers.  The inventory is getting quite low by historical standards and could use some mprovemtn with more homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.6 months ( It was 4.3 months in March).  In a pretty extreme 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 April 2017 were:  183 active listings, 94 pending sales, and 54 closed sales.  A very hot market that is similar in sales volume and inventory to last year.

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Hobe Sound FL 33455 Residential Market Report March 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2018

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

There are currently 194 active listings. (Decreased by 23 homes from February)

105 Residential sales are pending and awaiting close  (Up by 25 homes from February)

45 Homes Sold in March (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong and active real estate market with both pending and closed sales increased when compared to last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.3 months ( It was 5.0 months in February).  Continuing 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 March 2017 were:  200 active listings, 102 pending sales, and 42 closed sales.  Better activity this year when compared to last March.

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