Hobe Sound FL 33455 Condo Market Report May 2015

By
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 May 2015

 

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

 

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

 

There are currently 8 active condo listings. (Down by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2015

4 Condos are pending and awaiting close. (Up by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2015

1 Condos sold in April (Decreased by 4 condos from April)

Hobe Sound FL 33455 Condo Market Report May 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 8 months (Last month it was 2 months). 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 may not reflect 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 May 2014 numbers were: 20 active listings, 5 pending sales and 3 closed sales.  Currently with single digit inventory numbers, it is very difficult to generate any kind of volume for condo sales in Hobe Sound.

Hobe Sound FL 33455 Condo Market Report May 2015

Search Hobe Sound Condominium Properties by Price

 

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

 

Hobe Sound FL 33455 Condo Market Report May 2015

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
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:
condo
market report
hobe sound
florida
33455

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
163,242
Michele Milic
Realty ONE Group ~ 702.419.5359 - Las Vegas, NV

In the market with such low inventory numbers, first thing prospective buyers looking into Hobe Sound condos should do is contact Gabe Sanders.

Jul 03, 2015 06:52 AM #1
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 Michele Milic for your comment about the Hobe Sound FL 33455 Condo Market Report.

Jul 03, 2015 09:42 PM #2
Rainmaker
5,570,216
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Home sellers and home buyers are in good hands when they use your professional real estate services.

Jul 03, 2015 10:38 PM #3
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Gabe.  The inventory is very tight in Hobe Sound.  Happy 4th.

Jul 03, 2015 11:47 PM #4
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. Your comments are always appreciated!

May 26, 2016 03:47 AM #5
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,797,927

Gabe Sanders

Stuart Florida Real Estate
Ask me about Stuart FL real estate
*
*
*
*
Spam prevention

Additional Information