Hobe Sound FL 33455 Condo Market Report November 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 November 2018

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

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

There are currently 2 active condo listings. (Decreased by 1 condo from October)

Hobe Sound FL 33455 Condo Market Report November 2018

8 Condos are pending and awaiting close. (Up by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2018

3 Condos sold in November. (Up by 1 condo from October)

 Hobe Sound FL 33455 Condo Market Report November 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 0.7 months for November as compared to 1.5 months in October).  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 November 2017 numbers were: 15 active listings, 6 pending sales, and 3 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report November 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 November 2018

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Florida Martin County Hobe Sound
Groups:
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Advice for Sellers
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2018 Market Reports
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Rainmaker
1,511,999
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Gabe Sanders, as always, great market update for Hobe Sound FL condos. With low inventory, it's a great time to list as well as buy. 

Jan 14, 2019 05:33 PM #1
Rainmaker
5,507,793
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Jan 15, 2019 07:19 AM #2
Rainmaker
4,797,872
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.

Feb 05, 2019 09:37 AM #3
Rainmaker
4,797,872
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.

Feb 05, 2019 09:37 AM #4
Rainmaker
4,797,872
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.

Feb 05, 2019 09:37 AM #5
Rainmaker
4,797,872
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.

Feb 05, 2019 09:37 AM #6
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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