For December, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 37 active condo listings. (Down 3 from last November)
7 Condo sales are pending and awaiting close or lender approval. (Up 1 from November)
5 Condos Sales closed in December (Up from zero sales in November)
The Hobe Sound condo market (Zip Code 33455) is a very small segment of both Hobe Sound real estate as well as the smallest condo market on the Treasure Coast. December did show good results though and this segment departed from the rest of Martin County by positive numbers in a decreased inventory and 5 sales when there were none in November. Compared to last year, where there were 40 listings, 3 pending sales and 5 closed sale, the market has not changed much for Hobe Sound.
Hopefully we’ll see some improvement in sales in the coming months, but as long as the inventory stays this small, we just don’t see any appreciable rise in numbers. Most of this product is in the lower price ranges and this is where we expect to see activity.
Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
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