Hobe Sound FL 33455 Condo Market Report July 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 July 2018

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

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

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.3 months for July as compared to 6 months in June).  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 July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 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 July 2018

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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
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Rainmaker
1,615,968
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Appreciate the insight from a local expert. Thank you for sharing!

Sep 04, 2018 06:44 PM #1
Rainmaker
2,704,775
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Another great market snapshot Gabe Sanders you have your thumb on the pulse of the Hobe Sound condo market!

Sep 04, 2018 07:00 PM #2
Rainmaker
5,386,336
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Sep 05, 2018 10:20 AM #3
Rainmaker
4,797,361
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 for a complete list of current and past market data.

Oct 01, 2018 07:52 AM #4
Rainmaker
4,797,361
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.

Oct 01, 2018 07:53 AM #5
Rainmaker
4,797,361
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.

Oct 01, 2018 07:53 AM #6
Rainmaker
4,797,361
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments. It’s always good to hear from you.

Oct 01, 2018 07:53 AM #7
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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