Hobe Sound FL 33455 Condo Market Report November 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 November 2016

 

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

 

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

 

There are currently 11 active condo listings. (Up by 5 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2016

4 Condos are pending and awaiting close. (Up by 3 pending condos from October)

Hobe Sound FL 33455 Condo Market Report November 2016

No Condos sold in November. (Decreased by 1 closed sales from October)

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We have finally seen a small increase in inventory as well as pending sales which should show increased activity in future months.

With no sale for November, the absorption rate cannot be determined.  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 November 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 2015 numbers were: 4 active listings, 1 pending sales and 1 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 November 2016

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2016

 

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Rainmaker
1,071,785
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - A great real estate update for the Hobe Sound, FL condo market.  You are the agent to call first when it comes to buying or selling in the Hobe Sound area!

Jan 05, 2017 04:04 PM #1
Ambassador
3,451,049
Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Gabe

Thanks for the update on the Hobe Sound condo market. No doubt buyers interested in the area, and Hobe Sound homeowners, appreciate this information. Now they just need your expert guidance for their home buying and selling.

Jeff

Jan 05, 2017 04:35 PM #2
Ambassador
3,158,521
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Happy New Year Gabe.  You have shown once again just why you are the agent to contact when considering buying or selling in Hobe Sound. 

Jan 05, 2017 06:01 PM #3
Rainmaker
4,402,891
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Hobe Sound condo sellers will be in very good hands when they select you as their listing agent.

Jan 05, 2017 06:43 PM #4
Rainmaker
1,350,354
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Hobe condo market sounds like it is booming, good prices I hope 2017 will be good for you!

Jan 05, 2017 07:33 PM #5
Rainmaker
2,119,332
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Gabe: As always, good review of the condo market in Hobe Sound FL. Local readers will love the detail you put into these reports.

Jan 06, 2017 03:45 AM #6
Rainmaker
4,053,963
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!

Feb 06, 2017 03:33 PM #7
Rainmaker
4,053,963
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 03:33 PM #8
Rainmaker
4,053,963
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 03:33 PM #9
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Rainmaker
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Gabe Sanders

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