Hobe Sound FL 33455 Condo Market Report July 2014
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2014
For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 17 active condo listings. (Down by 1 condo from June)
4 Condo sales are pending and awaiting close. (No change from June)
2 Condos sold in June (Unchanged from June)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Now only 17 available condos listed and both pending and closed sales were steady at two condos apiece.
The current absorption rate is 8.5 months (Last month it was 9 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 July not indicate 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 2013 numbers were: 16 active listings, 10 pending sales and 5 closed sales. Unfortunately, this years activity is considerably worse than last year.
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Hobe Sound Florida Real Estate presented by:
Gabe Sanders
Hobe Sound FL 33455 Condo Market Report July 2014
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