Hobe Sound FL 33455 Residential Market Report October 2017

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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 October 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2017

  For October 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 212 active listings. (Increased by 35 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

49 Residential sales are pending and awaiting close  (Down by 8 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2017

29 Homes Sold in October (Up by 1 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed a second slower month with an unexpected jump in inventory.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week in September.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 jumped to 7.3 months ( It was 6.3 months in September).  Now a buyer’s market after a brief month as a balanced market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2016 were:  198 active listings, 59 pending sales, and 33 closed sales.  Better activity for 2016 on slightly lower inventory levels.

Hobe Sound FL 33455 Residential Market Report October 2017

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Hobe Sound FL 33455 Residential Market Report October 2017

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Florida Martin County Hobe Sound
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City and State Community & Marketing Reports
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Rainmaker
2,483,880
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe love your market snapshots, hope the buyers and sellers appreciate it as much as I do,, Endre

Dec 07, 2017 11:25 PM #1
Rainmaker
3,708,841
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. Thank you for sharing 

Dec 08, 2017 05:26 AM #2
Rainmaker
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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 you as their listing agent.

Dec 08, 2017 06:36 AM #3
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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