Hobe Sound FL 33455 Residential Market Report May 2015
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2015
For May 2015 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 180 active listings. (Up by 2 homes from April)
113 Residential sales are pending and awaiting close (Down by 20 homes from April)
65 Homes Sold in May (Down by 3 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to set a torrid pace and is the winner for the strongest activity in residential sales for the county.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 eaked up to 2.8months (2.6 months in April). Still an 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 May 2014 were: 272 active listings, 84 pending sales and 47 closed sales. Considerably better activity this year even with the reduced inventory.
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