Hobe Sound FL 33455 Residential Market Report October 2018

Hobe Sound FL 33455 Residential Market Report October 2018

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

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

There are currently 194 active listings. (Up by 26 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2018

49 Residential sales are pending and awaiting close  (Down by 7 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2018

52 Homes Sold in October (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2018

The Hobe Sound Florida Market Report ZIP Code 33455 showed an increase in inventory while also showing less pending sales when compared to last month. Our sales. however, remain quite strong in the Hobe Sound residential market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose slightly to 3.7 months (It was 3.5 months in September).  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 October 2017 were:  212 active listings, 49 pending sales, and 29 closed sales.  Better activity this year. Interestingly, Hobe Sound residential is one of the few segments of the Martin County real estate market still showing lower inventory than last year.

Hobe Sound FL 33455 Residential Market Report October 2018

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

Hobe Sound FL 33455 Residential Market Report October 2018

Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2018

For October 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 98 active listings. (Increased by 12 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

22 Condo sales are pending and awaiting settlement. (Down by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

17 Condos Sold (Down by 10 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show good activity.  Unfortunately not as robust as last month or last year.

The one-month absorption rate for the October 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 5.8 months (from 3.2 months in September), remaining in a seller’s market but inching close to a balanced one.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The October 2017 numbers were: 84 active listings, 32 pending sales, and 24 condos closed.  Considerably stronger activity last year and on a smaller inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report October 2018

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Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2018

Hobe Sound FL 33455 Condo Market Report September 2018

Hobe Sound FL 33455 Condo Market Report September 2018

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

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

There are currently 7 active condo listings. (Increased by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

1 Condo is pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

3 Condos sold in September. (Down by 1 condo from August)

 Hobe Sound FL 33455 Condo Market Report September 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 2.3 months for September as compared to 1.0 months in 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 2017 numbers were: 17 active listings, 3 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report September 2018

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

Hobe Sound FL 33455 Condo Market Report September 2018

Hobe Sound FL 33455 Residential Market Report September 2018

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)

Hobe Sound FL 33455 Residential Market Report September 2018

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

Hobe Sound FL 33455 Residential Market Report September 2018

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

Hobe Sound FL 33455 Residential Market Report September 2018

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.

Hobe Sound FL 33455 Residential Market Report September 2018

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

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2018

For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Increased by 5 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condos Sold (Unchanged from August)

Jensen Beach FL 34957 Condo Market Report September 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show strong activity.  There was a troubling drop in pending sale for the month.  This may be an indicator of slower sales in the immediate future.

The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed.  Slightly stronger sales this year but also on a greater inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report September 2018

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

Jensen Beach FL 34957 Condo Market Report September 2018