Hobe Sound FL 33455 Condo Market Report April 2018

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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 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2018

For April 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 8 active condo listings. (Decreased by 1 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2018

5 Condos are pending and awaiting close. (Down by 4 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2018

7 Condos sold in April. (Increased by 5 condos from March)

 Hobe Sound FL 33455 Condo Market Report April 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Good sales results for April but the ultra-low inventory of available condos for sale will negatively affect future activity.

The absorption rate for Hobe Sound condos was 1.1 months for April as compared to 4.5 months in March).  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 in percentages that do 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 2017 numbers were: 15 active listings, 6 pending sales, and 4 closed sales.  Better closed sales numbers this year, but also a greatly reduced inventory of available condos for sale.

Hobe Sound FL 33455 Condo Market Report April 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report April 2018

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Topic:
Real Estate Market Trends
Location:
Florida Martin County Hobe Sound
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
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Rainmaker
1,626,536
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Hard to beat insight from a local expert. Have a great weekend!

Jun 01, 2018 08:53 PM #1
Rainmaker
3,360,759
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Gabe - your careful analysis is benefit for those fortunate enough to work with you.

Jun 02, 2018 03:20 AM #2
Rainmaker
5,423,671
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Jun 02, 2018 05:35 AM #3
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jun 02, 2018 05:48 AM #4
Rainmaker
4,797,386
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 website at: http://www.gabesanders.com/market-stats

Jul 01, 2018 05:53 AM #5
Rainmaker
4,797,386
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 Martin County FL real estate.

Jul 01, 2018 05:53 AM #6
Rainmaker
4,797,386
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 01, 2018 05:54 AM #7
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for stopping by. Your comments are always appreciated!

Jul 01, 2018 05:54 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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