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Hobe Sound FL 33455 Residential Market Report November 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 November 2014

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

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

There are currently 243 active listings. (Down by 7 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2014

 

71 Residential sales are pending and awaiting close  (Increased by 16 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2014

20 Homes Sold in November (Down by 28 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County is in quite a roller coaster ride these past few months.  A fairly weak closed month for September, a strong October and now back to a weak month for November.  Inventory decreased slightly and there was a nice rise in pending sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 12.2 months (4.3 months in October).  Back into a buyers market for Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2013 were:  277 active listings, 75 pending sales and 37 closed sales.   The Hobe Sound real estate market if one of the few areas with reduced inventory from last year.  Though overall activity was slower this month as compared to November of 2013.

Hobe Sound FL 33455 Residential Market Report November 2014

 

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Hobe Sound FL 33455 Residential Market Report November 2014

 

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: The disparity between the highest and the lowest is wide apart in Hobe Sound. Very interesting market.

Dec 29, 2014 05:30 AM
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

Another great market report to bring us closer to the New Year, Gabe!

Dec 29, 2014 05:34 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Hi Gabe, It looks like the market is fairly stable and hope that holds true through the winter months too.

Dec 29, 2014 10:44 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gary

The November 2014 residential real estate market report for Hobe Sound 33455 . . . . shows a strong real estate market.

Good luck and success.

Lou Ludwig

Dec 29, 2014 11:36 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks, Gabe, for your Hobe Sound market report. This is good information for home buyers and home sellers.

Dec 29, 2014 08:51 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for stopping by and leaving your comments for the Hobe Sound residential real estate market report.

Dec 30, 2014 08:44 PM
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 10, 2016 04:22 AM