Hobe Sound FL 33455 Residential Market Report April 2015
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2015
For April 2015 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 178 active listings. (Down by 44 homes from March)
133 Residential sales are pending and awaiting close (Up by 13 homes from March)
68 Homes Sold in April (Up by 14 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had an exceptionally strong April in closed and pending sales. Unfortunately the active inventory is now down to almost unheard of low levels that will effect future sales with the lack of homes for sale for buyers.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (4.3 months in March). Now a pretty extreme seller’s market for the Hobe Sound area of Martin County. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for April 2014 were: 228 active listings, 88 pending sales and 42 closed sales. Last April was a good month for Hobe Sound, but this year was even stronger.
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