Hobe Sound FL 33455 Condo 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 Condo Market Report October 2016

 

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

 

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

 

There are currently 6 active condo listings. (Up by 1 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2016

1 Condos are pending and awaiting close. (Down by 2 pending condos from September)

Hobe Sound FL 33455 Condo Market Report October 2016

1 Condos sold in October. (Decreased by 2 closed sales from September)

Hobe Sound FL 33455 Condo Market Report October 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For October, 2016 the absorption rate is 6 month (it was 1.7 months in September).  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 October 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 October 2015 numbers were: 4 active listings, 0 pending sales and 3 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Hobe Sound FL 33455 Condo Market Report October 2016

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2016

 

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Location:
Florida Martin County Hobe Sound
Groups:
All Things Florida
City and State
Market Reports
Advice for Sellers
Advice for Buyers
Tags:
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hobe sound
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Rainmaker
4,560,852
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Hobe Sound condo sellers will be in very good hands when they select you as their listing agent.

Dec 02, 2016 05:11 PM #1
Rainmaker
305,889
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

With a segment as small as this, Buyers and Sellers need your insight and advice even more. I hope they find you sooner than later.

Dec 02, 2016 05:47 PM #2
Rainmaker
1,727,747
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

Very nice as always Gabe .....Hope you have a great night in FL!

Dec 02, 2016 05:57 PM #3
Ambassador
3,273,459
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi  Gabe- another good market report!! Buyers and sellers will want to see this. 

Dec 02, 2016 07:31 PM #4
Rainmaker
3,961,519
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in your market area will appreciate this information.

Dec 03, 2016 03:55 AM #5
Rainmaker
4,560,852
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

I hope you are enjoying a very productive week. Have a lovely weekend.

Dec 03, 2016 06:06 AM #6
Rainmaker
4,207,052
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 05, 2017 09:40 AM #7
Rainmaker
4,207,052
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 05, 2017 09:40 AM #8
Rainmaker
4,207,052
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 05, 2017 09:40 AM #9
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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