Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2017

For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 80 active listings. (Decreased by 13 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

41 Condo sales are pending and awaiting settlement. (Up by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

26 Condos Sold (Down by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

 The Jensen Beach FL 34957 Condo Market Report for August shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Pending sales were up for the month while closed sales were off, yet still a very hot area.

The one month absorption rate for the August 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.1 months (from 2.9 months in July), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2016 numbers were: 112 active listings, 38 pending sales and 25 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2017

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound FL 33455 Condo Market Report July 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2017

 

For July 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 19 active condo listings. (Increased by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2017

3Condos are pending and awaiting close. (Down by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2017

No Condos sold in July. (Decreased by 3 condos from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There were no sales this month and activity is weak.

The absorption rate for Hobe Sound condos cannot be determined for July as there were no sales (was 5 months in 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 on 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 2016 numbers were: 3 active listings, 6 pending sales and 3 closed sales.  Much higher inventory this year and reduced activity.

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report July 2017

Hobe Sound FL 33455 Residential Market Report July 2017

Hobe Sound FL 33455 Residential Market Report July 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2017

  For July 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 208 active listings. (Increased by 30 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2017

82 Residential sales are pending and awaiting close  (Up by 13 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2017

33 Homes Sold in July (Down by 20 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice rise in inventory and pending sales remain strong. Closed sales were off for the month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 6.3 months (3.4 months in June).  Now, a balanced 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 2016 were:  192 active listings, 83 pending sales, and 46 closed sales.  Better volume of closed sales last year with pending sales just about the same and more inventory.

Hobe Sound FL 33455 Residential Market Report July 2017

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 July 2017

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2017

For July 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 93 active listings. (Decreased by 12 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

32 Condos Sold (Up by 1 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

 The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.

The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2016 numbers were: 112 active listings, 46 pending sales and 27 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2017

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound FL 33455 Condo Market Report June 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2017

 

For June 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 15 active condo listings. (Decreased by 1 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2017

4 Condos are pending and awaiting close. (Down by 1 condo from May)

Hobe Sound FL 33455 Condo Market Report June 2017

3 Condos sold in June. (Increased by 1 condos from May)

 Hobe Sound FL 33455 Condo Market Report June 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Activity remains good, though with such low numbers, it’s dificult to follow any trends.

The absorption rate for Hobe Sound condos decreased to 5 months for June (was 8 months in May).  Back into a sellers’ market for Hobe Sound condos. 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 on 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 2016 numbers were: 4 active listings, 6 pending sales and 3 closed sales.  Similar activity this year while the inventory has more thantripled.

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2017

Hobe Sound FL 33455 Residential Market Report June 2017

Hobe Sound FL 33455 Residential Market Report June 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2017

  For June 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Unchanged from May)

Hobe Sound FL 33455 Residential Market Report June 2017

69 Residential sales are pending and awaiting close  (Up by 3 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2017

53 Homes Sold in June (Down by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2017

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong market, though inventory is getting lower once again and pending sales are down as well.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.4 months (2.8 months in May).  Still in a strong sellers’ 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 2016 were:  193 active listings, 100 pending sales, and 54 closed sales. Similar closed sales with less inventory for this year, but there’s a troubling decrease of pending sales.

Hobe Sound FL 33455 Residential Market Report June 2017

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 June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

Jensen Beach FL 34957 Condo Market Report June 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for June 2017

 

For June 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 105 active listings. (Decreased by 17 condos from May)

Jensen Beach FL 34957 Condo Market Report June 2017

44 Condo sales are pending and awaiting settlement. (Unchanged from May)

31 Condos Sold (Up by 3 condos from May)

 The Jensen Beach FL 34957 Condo Market Report for June shows a continuing active market though the inventory continues to decline makingfewer available condos available to purchase.

The one month absorption rate for the June 2017, Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (from 4.4 months in May), a stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The June 2016 numbers were: 22 active listings, 14 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report June 2017

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2017

For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 16 active condo listings. (Increased by 1 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2017

5 Condos are pending and awaiting close. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2017

2 Condos sold in May. (Decreased by 2 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Closed sales were off for this month, but overall the market activity is still very good.

The absorption rate for Hobe Sound condos decreased to 8 months for May (was 3.8 in April).  Back into a buyers’ market for Hobe Sound condos. 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 on 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 May 2016 numbers were: 5 active listings, 7 pending sales and 0 closed sales.  Better activity this year as the inventory has just about tripled.

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound FL 33455 Residential Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2017

  For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 178 active listings. (Down by 5 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

66 Residential sales are pending and awaiting close  (Down by 28 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2017

64 Homes Sold in May (Up by 10 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2017

The Hobe Sound Florida Market Report ZIP Code 33455 continues with a very active selling volume.  Unfortunately, pending sales decreased as has the inventory of available homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.8 months (3.4 months in April).  An extreme sellers’ 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 2016 were:  213 active listings, 90 pending sales, and 52 closed sales. Better closed activity for this year on a lower inventory, but pending sales are not as strong as last year.

Hobe Sound FL 33455 Residential Market Report May 2017

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 May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2017

For May 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 122 active listings. (Decreased by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

44 Condo sales are pending and awaiting settlement. (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

28 Condos Sold (Down by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

 The Jensen Beach FL 34957 Condo Market Report for Mayshows a continuing active market though we did have declines in all measured parameters for the month of May 2017.

The one month absorption rate for the May 2017, Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (from 3.3 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2016 numbers were: 26 active listings, 11 pending sales and 3 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2017

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound FL 33455 Condo Market Report April 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2017

 

For April 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 15 active condo listings. (Decreased by 1 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2017

6 Condos are pending and awaiting close. (Up by 2 pending condos from March)

Hobe Sound FL 33455 Condo Market Report April 2017

4 Condos sold in April. (Unchanged from March)

 Hobe Sound FL 33455 Condo Market Report April 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales and pending sales are doing well and the inventory is returning to more normal levels from last year’s extremely low numbers.

The absorption rate for Hobe Sound condos decreased to 3.8 months for April (was 4.0 in March).  A sellers’ market for Hobe Sound condos. 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 on 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 April 2016 numbers were: 5 active listings, 6 pending sales and 4 closed sales.  Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound FL 33455 Residential Market Report April 2017

Hobe Sound FL 33455 Residential Market Report April 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2017

  For April 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 183 active listings. (Down by 17 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2017

94 Residential sales are pending and awaiting close  (Down by 8 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2017

54 Homes Sold in April (Up by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong completed sales month for April.  We are once again approaching a market with inventory levels low enough that it may affect the future sales numbers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.4 months (4.8 months in March).  Even a stronger sellers’ 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 2016 were:  217 active listings, 99 pending sales and 54 closed sales. Very similar volume when compared to last year but with reduced inventory.

Hobe Sound FL 33455 Residential Market Report April 2017

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 April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2017

For April 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 135 active listings. (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

41 Condos Sold (Up by 16 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now a very 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 April 2016 numbers were: 113 active listings, 72 pending sales and 37 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2017

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound FL 33455 Condo Market Report March 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2017

 

For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 16 active condo listings. (Increased by 3 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condos sold in March. (Increased by 2 closed sales from February)

 Hobe Sound FL 33455 Condo Market Report March 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February).  A sellers market for Hobe Sound condos. 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 on 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 March 2016 numbers were: 5 active listings, 7 pending sales and 3 closed sales.  Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017

  For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 200 active listings. (Down by 33 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

102 Residential sales are pending and awaiting close  (Up by 26 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2017

42 Homes Sold in March (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February).  Still in a sellers’ 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 2016 were:  212 active listings, 105 pending sales and 56 closed sales. Slightly stronger activity last year, but this was with a bit more inventory as well.

Hobe Sound FL 33455 Residential Market Report March 2017

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 March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2017

 

For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Hobe Sound FL 33455 Condo Market Report February 2017

Hobe Sound FL 33455 Condo Market Report February 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2017

 

For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 13 active condo listings. (Unchanged from January)

Hobe Sound FL 33455 Condo Market Report February 2017

6 Condo is pending and awaiting close. (Up by 5 pending condos from January)

Hobe Sound FL 33455 Condo Market Report February 2017

2 Condos sold in February. (Decreased by 12 closed sales from January)

 Hobe Sound FL 33455 Condo Market Report February 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales dropped to a more normal level this month while pending activity rose nicely on unchanged inventory.

The absorption rate for Hobe Sound condos was 6.5 months for February (was 0.9 in January).  A balanced market. 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 on 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 February 2016 numbers were: 9 active listings, 5 pending sales and 0 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report February 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report February 2017

Hobe Sound FL 33455 Residential Market Report February 2017

Hobe Sound FL 33455 Residential Market Report February 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2017

  For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 233 active listings. (Up by 1 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2017

76 Residential sales are pending and awaiting close  (Down by 2 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2017

50 Homes Sold in February (Up by 23 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a big jump in closed sales for the month while maintaining inventory as well as pending sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.7 months (8.6 months in January).  Back into a sellers’ 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 February 2016 were:  206 active listings, 116 pending sales and 27 closed sales.  Considerably stronger activity this year than last for closed sales, but pending sales are somewhat less on greater availability of homes for sale.

Hobe Sound FL 33455 Residential Market Report February 2017

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 February 2017

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach FL 34957 Condo Market Report February 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2017

 

For February 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 123 active listings. (Decreased by 9 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

59 Condo sales are pending and awaiting settlement. (Up by 16 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2017

16 Condos Sold (Unchanged from January)

Jensen Beach FL 34957 Condo Market Report February 2017

 The Jensen Beach FL 34957 Condo Market Report for February had a decrease in inventory and a nice jump in pending sales while closed sales remained the same.

The one month absorption rate for the February 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 7.7 months (from 8.25 months in January), still a buyers’ market, but trending towards a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2016 numbers were: 26 active listings, 18 pending sales and 11 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report February 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2017

Hobe Sound FL 33455 Condo Market Report January 2017

Hobe Sound FL 33455 Condo Market Report January 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2017

 

For January 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 13 active condo listings. (Up by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2017

1 Condo is pending and awaiting close. (Down by 1 pending condo from December)

Hobe Sound FL 33455 Condo Market Report January 2017

14 Condos sold in January. (Increased by 10 closed sales from December)

 Hobe Sound FL 33455 Condo Market Report January 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  This was a big month for closed sales, the best for the year in Hobe Sound Condos.  Inventory remains challenged and only 1 pending sale for the month.

The absorption rate for Hobe Sound condos was 0.9 months for January (was 2.75 in December).  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 on 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 January 2016 numbers were: 6 active listings, 2 pending sales and 0 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report January 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report January 2017