The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  January 2014 started with little change from last month.  Only 1 sale, 1 additional pending listing and another small decrease in inventory.

The current absorption rate with only one sale is 22 months.  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The January 2013 numbers were:  19 active listings, 8 pending sales and 4 closed sales.   Better activity last year by a wide margin.  One of the only segments of the Martin County real estate market with these poor comparative results.

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code January 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For December, there was a another small increase in active listings.  Pending sales remained unchanged and there were no sales in December.

With no sales, there is no absorption rate numbers for this month.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The December 2012 numbers were:  26 active listings, 10 pending sales and 2 closed sales.   Unfortunately, better activity to close out 2012 than this year.

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code December 2013

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For November, there was a nice increase in active listings.  Unfortunately pending sales decreased by 1 condo.  Sales were only 2 units.

The absorption rate for November decreased to 10.5 moths from last months 15 months.  Still a buyers advantage for those in the Hobe Sound condo market..  Generally, a 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The November 2012 numbers were:  26 active listings, 10 pending sales and 1 closed sales.   Much stronger pending activity last year.  With the increasing inventory, I’m hoping for better numbers in the coming season.

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo November 2013

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For October, there was little change in the market, but unfortunately closed sales dropped to only 1 unit.

The absorption rate for October jumped to 15 moths from last months sellers market of 2.8 months.  Back to a strong buyers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The October 2012 numbers were:  29 active listings, 7 pending sales and 2 closed sales.   With only half of last years inventory, it’s difficult to generate any good market activity for Hobe Sound condos.

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo October 2013

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  For the first time in many months we had a relatively large increase in active listings (by percentage).   Pending sales dropped considerably while closed sales did take a nice increase. 

The absorption rate for September dropped to 2.8 moths from last months buyers market of 14 months.  Back to a strong sellers advantage for those in the Hobe Sound condo market..  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  These statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The September 2012 numbers were:  28 active listings, 7 pending sales and 2 closed sales.   Other than this months pending sales decline, we compare quite favorable to last years numbers.

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo September 2013