Hobe Sound FL 33455 Condo Market Report April 2015

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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 April 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2015

 

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

 

There are currently 10 active condo listings. (Up by 2 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2015

2 Condo sale is pending and awaiting close. (Down by 7 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2015

5 Condos sold in March (Increased by 1 condo from March)

Hobe Sound FL 33455 Condo Market Report April 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  As we deplete the pending inventory with closed sales, this will continue to be a difficult segment of the Martin County condo market until we get more inventory of available condos.

The current absorption rate is 2 months (Last month it was 2 months also). 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 April 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 April 2014 numbers were: 21 active listings, 6 pending sales and 5 closed sales.  Similar closed sales activity to last year, but with less than half the available inventory, pending sales are down and I expect to see much reduced activity in the coming months without an increase in inventory.

Hobe Sound FL 33455 Condo Market Report April 2015

Search Hobe Sound Condominium Properties by Price

 

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

 

Hobe Sound FL 33455 Condo Market Report April 2015

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Rainmaker
2,051,149
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Gabe, As you said in your post the condo inventory for Hope Sound is low and you do need some additional listings. Good report my friend. 

Jun 03, 2015 04:37 AM #1
Rainmaker
5,578,342
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Gabe, for your Hobe Sound real estate market update. It is good to see that Maryland retirees will have many options in your area.

Jun 03, 2015 06:36 AM #2
Rainmaker
1,729,393
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

I hope you are having a great week Gabe Sanders ....your market reports are second to none!

 

Jun 03, 2015 09:46 AM #3
Rainmaker
3,253,901
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

Nice spotlight on Hobe Sound condos Gabe. Comsumers appreciate this info.

Jun 03, 2015 10:50 AM #4
Rainmaker
2,190,577
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

So, the higher the price, the longer homes are on the market in Hobe Sound? Hey, what makes a "sound" a sound in Florida, Gabe?

Jun 03, 2015 11:11 AM #5
Rainmaker
2,534,976
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Gabe, you do a great job on your real estate market reports for Stuart, Florida and surrounding areas.

Jun 03, 2015 03:06 PM #6
Rainmaker
4,432,533
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in Hobe Sound Florida will appreciate this report.

Jun 03, 2015 08:28 PM #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 stopping by and reading my Hobe Sound FL 33455 condo market report.

Jun 03, 2015 08:50 PM #8
Rainmaker
99,760
The Julie Morales Team
RE/MAX Cinco Ranch - Katy, TX
Real Estate Questions? Call (832) 367-3412

Thank you for sharing about the Hobe Sound market. Interestig to know it is the smallest segment of Real Estate in Martin County. Wishing you a great day!

Jun 04, 2015 01:18 AM #9
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.

May 21, 2016 05:50 AM #10
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

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

May 21, 2016 05:50 AM #11
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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