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Hobe Sound FL 33455 Residential Market Report July 2014
Hobe Sound FL 33455 Residential Market Report July 2014 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2014  
 For July 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 237 active listings. (Down by 24 homes from June)

 
80 Residential sales are pending and awaiting close  (Decreased by 15 homes from June)

 
51 Homes Sold in July (Up by 11 homes from last month)

 
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for July had an excellent month for closed sales.  It appears that the inventory is heading lower and with fewer choices we also have less pending sales.  This may be an indication of less closed sales for the near future.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 4.6 months (6.5 months in June).  Back into a sellers market for Hobe Sound, which is where we’ve been for most of the year. (It was a litle off in June)  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the ... more

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