Hobe Sound FL 33455 Condo Market Report August 2014

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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 August 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2014

 

For August 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 18 active condo listings. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2014

1 Condo sale is pending and awaiting close. (Down 3 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2014

2 Condos sold in July (Unchanged from July)

Hobe Sound FL 33455 Condo Market Report August 2014

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately with only 1 pending sale, future activity could be quite weak.  No change in closed sales for August.

The current absorption rate is 9 months (Last month it was 8.5 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 August 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 August 2013 numbers were:  14 active listings, 8 pending sales and 1 closed sales.  Pending sales were considerably stronger last year with a smaller inventory.

Hobe Sound FL 33455 Condo Market Report August 2014

 

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2014

 

 

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Rainmaker
571,906
Maria Gilda Racelis
Home Buyers Realty, LLC-Manchester, Bolton. Vernon,Ellington - Manchester, CT
Home Ownership is w/in Reach. We Make it Happen!

Hi Gabe: I hope the inventory will turn over quickly. This will also reduce the absorption rate. Thanks for sharing Hobe Sound FL market report with us.

Sep 28, 2014 09:26 PM #1
Rainmaker
1,225,936
Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

The season should bring many sales to get the area back on track.

Sep 28, 2014 09:47 PM #2
Rainmaker
4,432,533
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, You always provide good infromation about your real estate market. Buyer looking to buy a home should call you to be tehir agent.

Sep 28, 2014 10:02 PM #3
Rainmaker
3,250,278
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

These are statistics that consumers can learn from and a good source of information on the Hobe Sound Condo market.

Sep 28, 2014 10:08 PM #4
Ambassador
3,984,175
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Gabe, That absorption rate is not so good but based on the past maybe it is okay. Our condo market is coming back.

Sep 28, 2014 10:40 PM #5
Rainmaker
3,412,978
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Gabe, in my experience the Hobe Sound condo market has always been a bit slow and  terrific value for the bargain hunter! Enjoy your day!

Sep 28, 2014 10:52 PM #6
Ambassador
2,081,269
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

I am already seeing snowbirds flocking down here to look to purchase and unable to find winter rentals. Guess last winter up north was enough for many.

Sep 28, 2014 11:37 PM #7
Rainmaker
4,201,836
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, sure looks like any buyers looking in Hobe Sound for a condo may have some choices with 9 months of inventory. 

Sep 28, 2014 11:56 PM #8
Rainmaker
1,965,187
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Thanks for the market report. Gabe you are very thorough. If you were a doctor, I would not enjoy the physical but would know what is causing the pain or whatever ailment. You know your stuff.

Sep 29, 2014 01:09 AM #9
Rainmaker
986,068
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Looking for Hobe Sound, Florida condominiums? Contact Gabe Sanders at (772) 210-2538, to Stuart, Florida. The 33455 zipcode looks appealing.

Sep 29, 2014 01:12 AM #10
Rainmaker
3,470,887
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Gabe - there are nuances in every market that is not always apparent through numbers alone.  In Hobe Sound and in other areas you are the go-to guy for the needs of buyers and sellers.

Sep 29, 2014 02:26 AM #11
Ambassador
998,316
Sharon Paxson
Compass - Newport Beach, CA
Newport Beach Real Estate

Good Morning Gabe - this is a great market report and provides the data and compares to prior month. There is a fair amount of active in comparison to number of solds, and hopefully this fall will bring you many sales!!

Sep 29, 2014 02:47 AM #12
Rainmaker
5,569,111
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Gabe, for your Hobe Sound market information. Relocation families will appreciate your local area knowledge.

Sep 29, 2014 06:59 AM #13
Rainmaker
5,569,111
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I took the extra moments to 'like' the comments on this blog to provide a little added support for those who are supporting your efforts.

Sep 29, 2014 07:00 AM #14
Rainmaker
4,797,927
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 07, 2016 04:46 AM #15
Rainmaker
4,797,927
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 07, 2016 04:46 AM #16
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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