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Hobe Sound FL 33455 Residential Market Report * October 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 October 2016

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

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

There are currently 198 active listings. (Up by 5 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2016

59 Residential sales are pending and awaiting close  (Down by 5 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2016

33 Homes Sold in October (Down by 14 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County has slowed down to a balanced market with reduced pending and closed sales and a continuing increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6 months (4.1 months in September).  A balanced market for the first time in close to three years of sellers markets.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2015 were:  122 active listings, 68 pending sales and 44 closed sales.  As with most other areas in Martin County for this month, weaker activity as compared to last year.

Hobe Sound FL 33455 Residential Market Report October 2016

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Hobe Sound FL 33455 Residential Market Report October 2016

Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Very informative post. Thanks for making it rain and best of luck!

Dec 01, 2016 12:01 PM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Gabe, Thanks for the market update for the month of Pctober concerning Hope Sound. 

Dec 01, 2016 02:28 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders Another great market report on Hobe Sound Florida You are the go to agent who knows the market place .Thanks for keeping us up to date

Dec 01, 2016 03:17 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Gabe, thank you for the update on the Hobe Sound real estate market. You are always up to date with the latest market trends and such an asset to your team and clients. 

Dec 01, 2016 04:24 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Gabe. Keep doing the great job you do on your market reports. They are detailed and provide a lot of useful information for both buyers and sellers. 

Dec 01, 2016 05:21 PM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will certainly appreciate your local real estate market reports.

Dec 01, 2016 06:23 PM
Janice Zaltman
United Realty Group - Boca Raton, FL
Energy Efficient And Eco-Friendly Homes in Florida

Thanks Gabe. It is gorgeous there.  Have a great weekend!

Dec 01, 2016 11:17 PM
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

Jan 03, 2017 10:49 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 reading, here’s a link for more information about Hobe Sound FL real estate.

Jan 03, 2017 10:49 AM
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!

Jan 03, 2017 10:50 AM