Hobe Sound FL 33455 Residential Market Report November 2016

By
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 November 2016

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

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

There are currently 203 active listings. (Up by 5 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2016

64 Residential sales are pending and awaiting close  (Up by 5 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2016

33 Homes Sold in November (Up by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with somewhat slower activity as the inventory grows and the increase in both closed sales and pending sales are not keeping up with this increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6.5 months (6 months in October).  A balanced market for the second month after numerous years of a strong sellers market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2015 were:  166 active listings, 75 pending sales and 28 closed sales.  Better closed sales for this year but less pending sales.  All this with a sizeable increase in inventory of available homes.

Hobe Sound FL 33455 Residential Market Report November 2016

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report November 2016

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida Martin County Hobe Sound
Groups:
All Things Florida
Market Reports
Advice for Sellers
Advice for Buyers
Hyper-Local
Tags:
residential
market report
hobe sound
33455

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
4,510,634
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Hobe Sound home sellers will be in very good hands when they select your as their listing agent,

Jan 04, 2017 04:35 PM #1
Ambassador
1,658,405
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Another amazing market report Gabe Sanders on Hobe Sound

Jan 04, 2017 05:44 PM #2
Ambassador
3,593,841
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

More inventory means buyers have more choices. Now I can see them liking that, Gabe.

Jan 04, 2017 07:46 PM #3
Rainmaker
3,920,327
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thanks for sharing.

Jan 05, 2017 04:55 AM #4
Rainmaker
4,157,063
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.

Feb 06, 2017 03:32 PM #5
Rainmaker
4,157,063
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.

Feb 06, 2017 03:32 PM #6
Rainmaker
4,157,063
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

Feb 06, 2017 03:32 PM #7
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,157,063

Gabe Sanders

Stuart Florida Real Estate
Ask me about Stuart FL real estate
*
*
*
*
Spam prevention

Additional Information