Hobe Sound FL 33455 Residential Market Report January 2019

By
Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Hobe Sound FL 33455 Residential Market Report January 2019

HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for January 2019

  For January 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 246 active listings. (Up by 28 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2019

63 Residential sales are pending and awaiting close  (Up by 13 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2019

26 Homes Sold in January (Down by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2019

The Hobe Sound Florida Market Report ZIP Code 33455 showed a drop in closed sales and an increase in pending sales on greater inventory.  This segment of the Martin County residential real estate could use some improvement.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 9.5 months (It was 5.6 months in December).  Returning into a buyer’s market for Hobe Sound residential real estate after one month as a seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2018 were:  193 active listings, 74 pending sales, and 37 closed sales.  Much better activity last year even though there was less inventory of Hobe Sound homes for sale.

Hobe Sound FL 33455 Residential Market Report January 2019

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Hobe Sound FL 33455 Residential Market Report January 2019

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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
Tags:
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hobe sound fl

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Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Gabe, for sharing your local market reports.

Mar 07, 2019 10:42 AM #1
Rainer
404,805
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.

Mar 08, 2019 01:36 AM #2
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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