Hobe Sound FL 33455 Condo Market Report December 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 December 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2018

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

There is currently only 1 active condo listing. (Decreased by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2018

4 Condos are pending and awaiting close. (Down by 4 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2018

5 Condos sold in December. (Up by 2 condo from November)

 Hobe Sound FL 33455 Condo Market Report December 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 0.2 months for December as compared to 0.7months in November).  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 December 2017 numbers were: 10 active listings, 5 pending sales, and 4 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 December 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2018

Comments (9)

Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Gabe Sanders - Your clients interested in Hobe Sound should let you know due to the shortiage of active listings!  

Feb 08, 2019 02:46 PM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Appreciate you sharing this with us. Have a great weekend!

Feb 08, 2019 04:29 PM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Great snapshot of Hobe Florida Gabe Sanders  thanks for the look

Feb 08, 2019 05:37 PM
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Feb 08, 2019 11:35 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Our cold weather in Maryland will encourage more retirees to head your way.

Feb 09, 2019 07:12 AM
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.

Mar 04, 2019 06:17 AM
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.

Mar 04, 2019 06:17 AM
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.

Mar 04, 2019 06:17 AM
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.

Mar 04, 2019 06:17 AM