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Hobe Sound FL 33455 Condo Market Report February 2015
Hobe Sound FL 33455 Condo Market Report February 2015  
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2015  
For February 2014 in the 33455 Zip Code area of Hobe Sound, Florida :
 
There are currently 19 active condo listings. (Up by 2 condos from January)

5 Condo sale is pending and awaiting close. (Up by 2 condos from January)

3 Condos sold in January (Unchanged from January)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for February for the third month in a row.  A welcome sight.   Pending sales also rose while closed sales remained unchanged.
The current absorption rate is 6.3 months (Last month it was 5.7 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that February not indicate 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 February 2014 numbers were: 23 active listings, 3 pending sales and 3 ... more

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