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Hobe Sound FL 33455 Residential Market Report January 2016

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Hobe Sound FL 33455 Residential Market Report January 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2016

For January 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 212 active listings. (Up by 25 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2016

76 Residential sales are pending and awaiting close (Up by 15 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2016

35 Homes Sold in January (Down by 5 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to show mostly positive and strong results with a nice increase in inventory (second month in a row) as well as a healthy increase in pending sales. Unfortunately closed sales were slightly down for the beginning of the new year.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6.1 months (4.7 months in December). Back into a balanced market for January after last months sellers market, which is where I expect it will be again next month. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2014 were: 249 active listings, 79 pending sales and 46 closed sales. Slightly better numbers for the beginning of last year, but with reduced inventory this year the percentages are actually superior for the current month.

Hobe Sound FL 33455 Residential Market Report January 2016

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

Hobe Sound FL 33455 Residential Market Report January 2016

Comments (8)

Michele Connors
The Overton Group, LLC Pitt & Carteret County - Greenville, NC
Your Eastern North Carolina Realtor

Gabe Sanders You are certainly the expert in Martin Co Florida ! Have a great weekend ! 

Mar 04, 2016 04:18 AM
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Gabe, always enjoy viewing stats and charts on other communities.

Mar 04, 2016 04:56 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, thanks for the detailed Hobe Sound FL 33455 Residential Market Report.

Mar 04, 2016 11:58 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate this information.

Mar 04, 2016 08:31 PM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will certainly appreciate your local real estate market reports.

Mar 05, 2016 12:44 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Jul 18, 2016 03:40 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Hobe Sound FL real estate.

Jul 18, 2016 03:41 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Your comments are always appreciated!

Jul 18, 2016 03:41 AM