Hobe Sound FL 33455 Condo Market Report February 2018

Hobe Sound FL 33455 Condo Market Report February 2018

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

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

There are currently 10 active condo listings. (Decreased by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2018

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

Hobe Sound FL 33455 Condo Market Report February 2018

1 Condos sold in February. (Decreased by 3 condos from January)

 Hobe Sound FL 33455 Condo Market Report February 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory, pending sales and closed sales all decreased for February.

The absorption rate for Hobe Sound condos was 10.0 months for February as compared to 3.o months in January). 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 February 2017 numbers were: 13 active listings, 6 pending sales, and 2 closed sales.  Stronger activity last year for Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report February 2018

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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 February 2018

Hobe Sound FL 33455 Condo Market Report January 2018

Hobe Sound FL 33455 Condo Market Report January 2018

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

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

There are currently 12 active condo listings. (Increased by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2018

5 Condos are pending and awaiting close. (No change from December)

Hobe Sound FL 33455 Condo Market Report January 2018

4 Condos sold in January. (Unchanged from December)

 Hobe Sound FL 33455 Condo Market Report January 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Results remained unchanged from last month with the exception of a couple of additional condos for sale.

The absorption rate for Hobe Sound condos was 3.o months for January as compared to 2.5 months 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 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 January 2017 numbers were: 13 active listings, 1 pending sales, and 14 closed sales.  Last January was an unusually strong month for closed sales in Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report January 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 January 2018

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound FL 33455 Condo Market Report December 2017

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

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

There are currently 10 active condo listings. (Decreased by 5 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2017

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

Hobe Sound FL 33455 Condo Market Report December 2017

4 Condos sold in December. (Up by 1 condos from November)

 Hobe Sound FL 33455 Condo Market Report December 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately, a significant drop in inventory for December.  But, good pending and closed volume.

The absorption rate for Hobe Sound condos was 2.5 months for December as compared to 5 months in November). 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 December 2016 numbers were: 11 active listings, 2 pending sales, and 4 closed sales.  Very similar activity from year to year.

Hobe Sound FL 33455 Condo Market Report December 2017

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 December 2017

Hobe Sound FL 33455 Condo Market Report November 2017

Hobe Sound FL 33455 Condo Market Report November 2017

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

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

There are currently 15 active condo listings. (Increased by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2017

6 Condos are pending and awaiting close. (Down by 2 condo from October)

Hobe Sound FL 33455 Condo Market Report November 2017

3 Condos sold in November. (Up by 2 condos from October)

 Hobe Sound FL 33455 Condo Market Report November 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Market activity improved this month when compared to last month.

The absorption rate for Hobe Sound condos was 5 months for November as compared to 13 months in October). 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 November 2016 numbers were: 11 active listings, 4 pending sales, and 0 closed sales.  Somewhat stronger activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report November 2017

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 November 2017

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound FL 33455 Condo Market Report October 2017

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

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

There are currently 13 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2017

8 Condos are pending and awaiting close. (Up by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2017

1 Condos sold in October. (Unchanged from September)

 Hobe Sound FL 33455 Condo Market Report October 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory dropped this month while sales remained slow.  There was a good jump in pending sales which could have a positive impact on future closed sales.

The absorption rate for Hobe Sound condos was 13 months for October as compared to 17 months in 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 2016 numbers were: 6 active listings, 1 pending sales, and 1 closed sales.  Slightly higher activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report October 2017

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 October 2017