Hobe Sound FL 33455 Condo Market Report January 2019

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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 January 2019

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

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

There is currently only 1 active condo listing. (Unchanged from December)

Hobe Sound FL 33455 Condo Market Report January 2019

3 Condos are pending and awaiting close. (Down by 1 condo from December)

Hobe Sound FL 33455 Condo Market Report January 2019

4 Condos sold in January. (Down by 1 condo from December)

Hobe Sound FL 33455 Condo Market Report January 2019

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 selling well.

The absorption rate for Hobe Sound condos was 0.3 months for January as compared to 0.2 months in December).  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 January 2018 numbers were: 12 active listings, 5 pending sales, and 4 closed sales.  Slightly better activity last year, but there was at least a few more condos available for sale.

Hobe Sound FL 33455 Condo Market Report January 2019

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 January 2019

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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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Rainer
407,375
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 07, 2019 08:56 PM #1
Ambassador
3,080,977
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Thank you for sharing your data on Hobe Sound Gabe Sanders 

Mar 07, 2019 09:30 PM #2
Rainmaker
2,518,880
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

When one wants to know what is going on in Hobe Sound, they need only visit your blog or give you a call.

Mar 08, 2019 05:03 AM #3
Rainmaker
5,347,038
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Mar 08, 2019 06:39 AM #4
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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