Hobe Sound FL 33455 Residential Market Report February 2016

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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 February 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2016

For February 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 206 active listings. (Down by 6 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

116 Residential sales are pending and awaiting close (Up by 40 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

27 Homes Sold in February (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong pending sales gain as compared to last month (and previous months), while after two months of increasing inventory. this month saw a decline. Closed sales were off for the month, but with the pending numbers so good, I expect to see increases for the next few months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 7.6 months (6.1 months in January). Into a buyers' market for February after last months balanced market. Though with the strong rise in pending sales I expect to go back into a sellers market in the next month or two. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2014 were: 250 active listings, 98 pending sales and 35 closed sales. Much stronger pending sales this year and weaker closed sales along with a much smaller inventory of available homes.

Hobe Sound FL 33455 Residential Market Report February 2016

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by: the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report February 2016

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Florida Martin County Hobe Sound
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Tags:
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Rainmaker
1,041,615
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

wow those numbers are amazing and great to see the chart climbing away!

Mar 31, 2016 10:06 AM #1
Ambassador
1,770,095
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, great reporting on the Hobe Sound FL 33455 Residential scene. You have an excellent format people love.

Mar 31, 2016 02:03 PM #2
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

Jul 11, 2016 04:32 AM #3
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.

Jul 11, 2016 04:32 AM #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 for your comments, always appreciated.

Jul 11, 2016 04:32 AM #5
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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