Hobe Sound FL 33455 Condo Market Report August 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 August 2018

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

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

There are currently 4 active condo listings. (Decreased by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos are pending and awaiting close. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos sold in August. (Up by 1 condo from July)

 Hobe Sound FL 33455 Condo Market Report August 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 1.0 months for August as compared to 1.3 months in July).  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 August 2017 numbers were: 15 active listings, 4 pending sales, and 6 closed sales.  Much better activity last year on a greatly larger inventory.

Hobe Sound FL 33455 Condo Market Report August 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 August 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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Ambassador
3,964,264
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Gabe-this is welcomed information for anyone interested in a condo in Hobe Sound, FL. 

Oct 09, 2018 06:50 PM #1
Rainmaker
418,773
Matthew Klinowski, PA
Downing-Frye - Naples, FL
Golf Community Real Estate Specialist

Gabe, thanks for sharing the latest on Hobe Sound. I hope you are starting to get busy!

Oct 09, 2018 07:08 PM #2
Ambassador
3,983,717
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Gabe, The market seems to be changing in the Hobe Sound area. You are smart to stay abreast and in the knwo.

Oct 09, 2018 07:15 PM #3
Rainmaker
4,432,467
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 

Oct 10, 2018 03:11 AM #4
Rainmaker
5,506,583
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Oct 10, 2018 02:18 PM #5
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my post.

Nov 03, 2018 07:36 AM #6
Rainmaker
4,797,822
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.

Nov 03, 2018 07:37 AM #7
Rainmaker
4,797,822
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.

Nov 03, 2018 07:37 AM #8
Rainmaker
4,797,822
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.

Nov 03, 2018 07:37 AM #9
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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