Hobe Sound FL 33455 Condo Market Report March 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 March 2018

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

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

There are currently 9 active condo listings. (Decreased by 1 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2018

9 Condos are pending and awaiting close. (Up by 5 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2018

2 Condos sold in March. (Increased by 1 condo from February)

 Hobe Sound FL 33455 Condo Market Report March 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales and pending sales were both up for this month.

The absorption rate for Hobe Sound condos was 4.5 months for March as compared to 10.0 months in February). 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 March 2017 numbers were: 16 active listings, 4 pending sales, and 4 closed sales.  Stronger activity last year for Hobe Sound condo sales, but better pending activity this year with much lower inventory.

Hobe Sound FL 33455 Condo Market Report March 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2018

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Topic:
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
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Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Gabe- once again you've shared a very thorough market report for the condo market in Hobe Sound!

May 07, 2018 07:26 PM #1
Rainmaker
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Gabe.  Once again, you share the important community real estate information quite effectively. 

May 08, 2018 04:33 AM #2
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local real estate market reports.

May 08, 2018 08:59 AM #3
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Gabe Sanders

Stuart Florida Real Estate
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