Hobe Sound FL 33455 Residential Market Report July 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 Residential Market Report July 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2015

  For July 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 163 active listings. (Up by 13 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2015

90 Residential sales are pending and awaiting close  (Down by 29 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2015

55 Homes Sold in July (Down by 6 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County remains very strong.  Both sales and pending sales retreated a bit from last month, but still remain very strong.  The inventory took a slight increase from last month.  This is a much needed statistic that will hopefully continue in the months ahead.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3 months (2.5 months in June).  Still a strong 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 July 2014 were:  237 active listings, 80 pending sales and 51 closed sales.  Even with the significantly smaller inventory, sales activity is better than last year.

Hobe Sound FL 33455 Residential Market Report July 2015

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Hobe Sound FL 33455 Residential Market Report July 2015

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Florida Martin County Hobe Sound
Groups:
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Tags:
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Rainmaker
2,294,572
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Gabe. Can't even imagine the thought process of having properties on the market for three or four years. They must not care about selling.

Make it a great weekend!

Aug 28, 2015 07:33 PM #1
Rainmaker
572,444
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: I am extremely interested in the most expensive home which has been on the market for 1220 plus days. Can you show that property to me?

Aug 28, 2015 08:15 PM #2
Rainmaker
1,742,444
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thanks for the market update - it is really helpful to know what is going on around the rest of the country

Aug 28, 2015 09:10 PM #3
Rainmaker
4,432,533
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, Home bueyrs and sellers in the area will appreciate the information.

Aug 28, 2015 09:43 PM #4
Rainmaker
3,418,309
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Gabe, hope listings increase and the market stays hot. Enjoy your day!

Aug 28, 2015 09:58 PM #5
Rainmaker
4,205,764
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Gabe, valuable information to buyers and sellers in Hobe Sound thinking of making a move.  They should be calling you for more information! 

Aug 29, 2015 12:07 AM #6
Rainmaker
5,577,221
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Gabe, for sharing your Hobe Sound market report.

Have a great weekend.

Aug 29, 2015 01:12 AM #7
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Gabe.  The absorption rate of three months should be putting pressure on prices to go up.  Is it?

Aug 29, 2015 01:41 AM #8
Rainmaker
2,190,577
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Yeah, I'm with Conrad, it looks like low inventory and more than half of existing are pending, so that's a pretty strong market in Hobe Sound, right, Gabe?

Aug 29, 2015 01:59 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

Yes, Conrad Allen , prices have been rising.  

Aug 29, 2015 02:12 AM #10
Ambassador
4,013,839
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Gabe- glad to see that the inventory ticked up a bit.  Great information for Buyers and Sellers in Hobe Sound, FL. 

Aug 29, 2015 02:24 AM #11
Rainmaker
2,051,149
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Gabe, 

Hope Sound with only 3 months of inventory is as you said a strong sellers market. Increase of new listing is a good sign. Thanks for another excellent market report and analysis. 

Aug 29, 2015 05:19 AM #12
Ambassador
2,081,269
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, Gabe. Hope you have a fantastic weekend.

Aug 29, 2015 05:49 AM #13
Rainmaker
1,434,565
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 Good market report on Hobe, the $14million would be a nice pay check!

Aug 29, 2015 08:17 AM #14
Rainmaker
1,675,429
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Gabe Sanders ,  As usuaal, a great market report.  I'm sure it helps those in your area, who are either looking for a home or wanting to sell one.

Aug 29, 2015 02:01 PM #15
Rainmaker
3,249,421
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gabe

Thanks for sharing the July 2015 residential Market Report for Hope Sound Florida.

Good luck and success.

Lou Ludwig

Aug 29, 2015 02:18 PM #16
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 an commenting on my Hobe Sound market report.  Always appreciated!

Aug 29, 2015 09:04 PM #17
Ambassador
3,984,175
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

You do a wonderful job keeping your thumb on the pulse of the Hobe Sound real estate market. Have a wonderful Sunday, Gabe.

Aug 29, 2015 10:32 PM #18
Rainmaker
3,249,421
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gabe

The Hope Sound Florida residential real estate market . . . . will continue to move forward with strong activity.

Good luck and success.

Lou Ludwig

Aug 30, 2015 04:06 AM #19
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 your comments, always appreciated.

May 27, 2016 05:18 AM #20
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