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Hobe Sound FL 33455 Condo Market Report August 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 Condo Market Report August 2016

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2016

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

There are currently 4 active condo listings. (Up by 1 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2016

5 Condos are pending and awaiting close. (Down by 1 pending condos from July) Hobe Sound FL 33455 Condo Market Report August 2016

3 Condos sold in August. (The same number of closed sales from July)

Hobe Sound FL 33455 Condo Market Report August 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market. For August, 2016 the absorption rate is 1.3 month (it was 1 months in July). 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 August 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 August 2015 numbers were: 2 active listings, 4 pending sales and 3 closed sales. It's very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Hobe Sound FL 33455 Condo Market Report August 2016

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Hobe Sound Florida Real Estate presented by: Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2016

 

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders  another wonderful market report about  Hobe-Sound-Fl-33455-condos

Oct 03, 2016 07:08 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 report.

Oct 03, 2016 07:49 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, well presented Hobe Sound FL 33455 Condo Market Report.

Oct 03, 2016 09:53 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 your comments, always appreciated.

Oct 17, 2016 02:25 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.

Oct 17, 2016 02:25 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

Oct 17, 2016 02:25 AM