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Hobe Sound FL 33455 Condo 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 Condo Market Report July 2015

 

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

 

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

 

There are currently 3 active condo listings. (Down by 5 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

6 Condos are pending and awaiting close. (Up by 4 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

1 Condos sold in June (Decreased by 5 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  I may have to stop reporting on Hobe Sound condos if we don’t get more inventory in the next few months.  We are down now to only 3 active listings.  This is the lowest inventory I’ve ever seen in Hobe Sound or any other segment of the Martin County real estate market since we’ve been looking at the data.

The current absorption rate is 3 months (Last month it was 1.3 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 July 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 July 2014 numbers were: 17 active listings, 4 pending sales and 2 closed sales.  Better closed activity last year, but we still have more pending sales this year.

Hobe Sound FL 33455 Condo Market Report July 2015

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

 

Hobe Sound FL 33455 Condo Market Report July 2015

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders  Great market report on Hobe-Sound-Fl-33455-condo-market .You are the agent to call when looking to buy or sell

Aug 31, 2015 03:19 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Gabe Sanders,  As usual you have done a great job with your market report for Hobe Sound.

Aug 31, 2015 03:35 AM
Raymond E. Camp
Ontario, NY

Good afternoon Gabe,

Looks like your market is rock solid.

Make yourself a great day.

Aug 31, 2015 04:09 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - Another excellent real estate market report for th Hobe Sound area in Florida!

Aug 31, 2015 06:56 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

 Your market reports are REALLY informative unlike some of the cut and paste we see scattered about that does not give us a good market picture.

Aug 31, 2015 08:51 AM
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

Another very nice Hobe Sound market report Gabe Sanders ....Hope you have a great week in FL!

Aug 31, 2015 09:05 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for taking the time to read and comment about my Hobe Sound FL market report.

Aug 31, 2015 09:43 PM
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 05:16 AM