Hobe Sound FL 33455 Residential Market Report September 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 Residential Market Report September 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2014

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

There are currently 250 active listings. (Up by 8 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2014

 

74 Residential sales are pending and awaiting close  (Increased by 14 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2014

25 Homes Sold in September (Down by 24 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for September had a much weaker month with closed sales almost dropping by half.  The silver lining is that pending sales as well as the inventory of available homes was up, indicating good future activity in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 10 months (4.6 months in August).  Back into a buyers market for Hobe Sound, after over a year of being in a sellers market. I don’t expect this to continue though, and we should be back closer to a balanced or even a sellers market again next month.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2013 were:  245 active listings, 69 pending sales and 49 closed sales.   Considerably worse closed sales activity as compared to last year.

Hobe Sound FL 33455 Residential Market Report September 2014

 

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Hobe Sound FL 33455 Residential Market Report September 2014

 

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Hobe Sound
Groups:
All Things Florida
City and State
Market Reports
Advice for Sellers
Advice for Buyers
Tags:
residential
market report
hobe sound
florida
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Rainmaker
1,528,444
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Gabe, you're the agent to contact when buying or selling in Hobe Sound. Your market report shows your knowledge on your area and you work hard for your clients!

Oct 20, 2014 07:08 AM #1
Rainmaker
3,251,923
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

With 74 residential homes pending, the market in Hobe Sound is really strong!

Oct 20, 2014 08:00 AM #2
Rainmaker
1,434,565
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 Wow 15 million......and 11 million you certainly have something for every budget. I hope all is well with you and are having a great start to your day!

Oct 20, 2014 09:40 AM #3
Rainmaker
3,249,415
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gabe 

Your real estate market report shows the Hobe Sound Florida 33455 is very active.

Good luck and success.

Lou Ludwig

Oct 20, 2014 01:56 PM #4
Rainmaker
653,018
Bobbie Smith
Stroudsburg, PA
570-242-1891

Gabe, Good to see the pendings on the rise and hopefully the absorption rate will drop soon too. 

Very interesting to check in on the different market reports around the Country.

Oct 20, 2014 10:30 PM #5
Rainmaker
354,895
ActiveRain City and State Listing Group
Christiansted, VI

Appealing layout, specific market location identified by City and State, along with useful information designed to attract buyers and sellers to you is what the Group City & State: Listings and Market Reports is all about. Nice job.

Oct 20, 2014 11:25 PM #6
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 your comments, always appreciated.

Jan 25, 2016 05:25 AM #7
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.

Jan 25, 2016 05:25 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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