Hobe Sound FL 33455 Condo 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 Condo Market Report May 2018

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

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

There are currently 6 active condo listings. (Decreased by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2018

5 Condos are pending and awaiting close. (Unchanged from April)

Hobe Sound FL 33455 Condo Market Report May 2018

1 Condos sold in May. (Decreased by 6 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We saw a further decline in inventory which is not a good sign for future sales volume.

The absorption rate for Hobe Sound condos was 6 months for May as compared to 1.1 months in April).  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 May 2017 numbers were: 16 active listings, 5 pending sales, and 2 closed sales.  Much stronger activity last year with more than double the inventory of available condos for sale.

Hobe Sound FL 33455 Condo Market Report May 2018

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2018

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Florida Martin County Hobe Sound
Groups:
Market Reports
Advice for Sellers
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City and State Community & Marketing Reports
2018 Market Reports
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Rainmaker
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Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Gabe,

Your knowledge of your area shows in the blogs and analysis of the different places to live for your area shows through.

Jul 10, 2018 06:12 PM #1
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Your Hobe Sound  Condo Market Report for May 2018 should be required reading for those buyers looking to make an educated buying decision Gabe!

Jul 10, 2018 10:15 PM #2
Rainmaker
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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.

Jul 11, 2018 02:06 PM #3
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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