Hobe Sound FL 33455 Residential Market Report May 2018

By
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 May 2018

HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for May 2018

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

There are currently 184 active listings. (Decreased by 1 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2018

92 Residential sales are pending and awaiting close  (Down by 9 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2018

63 Homes Sold in May (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2017 were:  176 active listings, 68 pending sales, and 64 closed sales.  Almost identical sales volume when compared to last year.  Pending sales, though, are much better this year.  Interestingly, this is one of the few areas in Martin County with a higher inventory of homes for sale this year when compared to last year.

Hobe Sound FL 33455 Residential Market Report May 2018

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Hobe Sound FL 33455 Residential Market Report May 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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Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Your Hobe Sound Florida residential market report for May seems to be following the same old trend Gabe as the rest of the country. Thank you for the information.

 

 

I hope you're having an awesome day Gabe!

Jul 09, 2018 04:11 PM #1
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe always good see sales going in a positive direction.  Good job on the market report.

Jul 09, 2018 04:54 PM #2
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Gabe- Hobe Sounds market report for May looks good!  Thanks for your very thorough information. 

Jul 09, 2018 05:04 PM #3
Rainmaker
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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.

Jul 10, 2018 06:58 AM #4
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

Jul 10, 2018 07:04 AM #5
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