Hobe Sound FL 33455 Condo Market Report April 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 Condo Market Report April 2016

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2016

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

There are currently 5 active condo listings. (No change in active condos from March)

Hobe Sound FL 33455 Condo Market Report April 2016

6 Condos are pending and awaiting close. (Down by 1 condos from March) Hobe Sound FL 33455 Condo Market Report April 2016

4 Condos sold. (Up by 1 from last month)

 Hobe Sound FL 33455 Condo Market Report April 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  April showed strong activity for the little existing inventory available for Hobe Sound Condos. There were no sales in Hobe Sound condos for both January and March, but for April the absorption rate is 1.3 months, for December of 2015 it was 1.7 months.  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal 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 April 2015 numbers were: 10 active listings, 2 pending sales and 5 closed sales.  Considering we have just over half the active inventory from last year, this months sales volume is impressive.

Hobe Sound FL 33455 Condo Market Report April 2016

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Hobe Sound Florida Real Estate presented by: Gabe Sanders

Hobe Sound FL 33455 Condo Market Report April 2016

 

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Rainmaker
4,432,533
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is good information for home buyers and sellers in the area. 

Jun 01, 2016 05:50 AM #1
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Gabe.  How far away from the 2007/08 highs is Hobe Sound?

Jun 01, 2016 06:44 AM #2
Ambassador
1,770,095
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi there Gabe, hope you are enjoying some Florida Sun and thanks for the excellent Hobe Sound FL 33455 Condo market report.

Jun 01, 2016 07:05 AM #3
Rainmaker
1,130,394
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - Another great real estate update for the condo market in Hobe Sound, FL!

Jun 01, 2016 04:20 PM #4
Rainmaker
5,578,301
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Condo sellers and condo buyers will be in very good hands when they use your professional real estate services.

Jun 01, 2016 10:49 PM #5
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

Sep 12, 2016 01:45 AM #6
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.

Sep 12, 2016 01:45 AM #7
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.

Sep 12, 2016 01:46 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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