Hobe Sound, FL Real Estate News

By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Residential Market Report September 2018 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2018   For September 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 168 active listings. (Down by 4 homes from August) 56 Residential sales are pending and awaiting close  (Down by 25 homes from August) 48 Homes Sold in September (Up by 11 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales and a drop in the pending sales.  Inventory remains a bit lower than we would prefer. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 3.5 months (It was 4.6 months in August).  Remaining in a strong seller’s market for Hobe ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Governors Landing September 2018 Market ReportThere are currently no homes on the market in Governors Landing for September 2018.There is one home currently under contract.  It was listed for $469,000 or $183.70 per sq. ft. of living area.  This home was on the market for 10 days prior to going under contract.In the past 12 months, no Governors Landing homes have sold.About Governors Landing in Hobe Sound FLGovernors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.G...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Condo Market Report August 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for August 2018 For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 4 active condo listings. (Decreased by 1 condo from July) 4 Condos are pending and awaiting close. (Down by 1 condo from July) 4 Condos sold in August. (Up by 1 condo from July)   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 1.0 month...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Residential Market Report August 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for August 2018   For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 172 active listings. (Down by 20 homes from July) 81 Residential sales are pending and awaiting close  (Up by 13 homes from July) 37 Homes Sold in August (Down by 16 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 had a drop in closed sales for the month.  But, also, a rise in pending sales which should result in more sales in the coming months. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.6 months (It was 3.6 months in July).  Remaining in a seller’s market for Hobe Sound resident...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Preserve of Hobe Sound August 2018 Real Estate Market ReportFor August 2018, there is 1 home on the market in the Preserve of Hobe Sound.  This home is listed for $319,900 which is $158.60 per sq. ft. of living area.There are two homes currently under contract.  These homes were listed for $325,000 and $335,000 for an average list price of $330,000 or $163.61 per sq. ft. of living area.  These homes averaged 32 days on the market before going under contractIn the past 12 months, 10 homes have sold in the Preserve.  Sales prices ranged from $270,000 up to $359,900 for an average sales price of $311,211 which works out to $154.29 per sq. ft. of living area.  These homes averaged 30 days on the market before going under contract and sold for 98% of list price.About The Preserve of Hobe...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Condo Market Report July 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for July 2018 For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 5 active condo listings. (Increased by 1 condos from June) 5 Condos are pending and awaiting close. (Up by 1 condo from June) 3 Condos sold in July. (Unchanged from June)   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 1.3 months for July as...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Residential Market Report July 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for July 2018   For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 192 active listings. (Unchanged from June) 68 Residential sales are pending and awaiting close  (Down by 12 homes from June) 53 Homes Sold in July (Up by 4 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June).  Remaining in a seller’s market for Hobe Sound residential real estate. ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Bahia Sound Hobe Sound August 2018 Real Estate Market ReportThere are no homes for sale in Bahia Sound in Hobe Sound for August 2018.One home is currently under contract.  The list price was $379,900 or $136.36 per sq. ft. of living area.4 Bahia Sound homes have sold in the past 12 months.  The sales prices ranged from $450,000 up to $520,000.   This is an average sales price of 475,000 which works out to $184.40 per square ft. of living area.  These homes were on the market for an average of 96 days prior to going under contract and sold for an average of 95% of list price.About Bahia Sound in Hobe Sound:The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 t...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Mystic Cove Real Estate Market Report for July 2018As of July 2018, there is 1 home on the market in the Mystic Cove community of Hobe Sound FL.   This home was listed for $624,000 or $176.67 per square foot of living area.There are no homes under contract (pending) at this time.In the past 12 months, 6 home has sold.  Sales prices ranged from $440,000 up to $552,500 for an average sales price of $485,083 which is $201.42 per square foot of living area. These homes averaged 75 days on the market prior to going under contract and they sold for an average of 96% of list price.About Mystic Cove in Hobe Sound:Mystic Cove in Hobe Sound is a gated community of only 35 lots.  As of this writing, there are still 2 vacant lots which have yet to be built upon.  This is a waterfront community on t...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Condo Market Report June 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for June 2018 For June 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 4 active condo listings. (Decreased by 2 condos from May) 5 Condos are pending and awaiting close. (Unchanged from May) 3 Condos sold in June. (Increased by 2 condos from May)   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.The absorption rate for Hobe Sound condos was 1.3 months for June as compared to 6 months in May).  Absorption rates in this segment of the Martin County ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Residential Market Report June 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for June 2018   For June 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 192 active listings. (Increased by 8 homes from May) 80 Residential sales are pending and awaiting close  (Down by 12 homes from May) 49 Homes Sold in June (Down by 14 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 slowed slightly from last month’s toridpace but remains a very active real estate market. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3.9 months ( It was 2.9 months in May).  Remaining in a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 t...
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By Denise Copeland, Jupiter Abacoa Sales & Beach Front Luxury Homes
(Home Sales Palm Beach)
The Hobe Sound FL real estate market trends are in for July, 2018. Overall dollar volume for single family home sales has tanked from the previous year, closed sales are down, prices have declined slightly and average sales price has dropped dramatically.I believe an educated buyer and seller creates trust and helps all parties to gain a better understanding of where our local real estate market is headed. If you're in the market to buy, sell or your just curious to know what your home is worth, click here and sign up for free market insider and listing alerts. Please feel free to call me for any of your real estate needs. Serving Palm Beach & Martin County since 1991Mirsky Realty Group | Denise Copeland 561-308-0007.Interested in finding out about neighborhood Sales in Hobe Sound?Follo...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Condo Market Report May 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for May 2018 For May 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 6 active condo listings. (Decreased by 2 condos from April) 5 Condos are pending and awaiting close. (Unchanged from April) 1 Condos sold in May. (Decreased by 6 condos from April)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We saw a further decline in inventory which is not a good sign for future sales volume. The absorption rate for Hobe Sound condos was 6 months for May as compared to 1.1 months in April).  Absorption rates in this segment of the Martin County real estate market should be taken with a libera...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Residential Market Report May 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for May 2018   For May 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 184 active listings. (Decreased by 1 homes from April) 92 Residential sales are pending and awaiting close  (Down by 9 homes from April) 63 Homes Sold in May (Up by 11 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme s...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Retreat in Hobe Sound June 2018 Market ReportFor the June 2018, there are currently 5 homes on the market in the Retreat of Hobe Sound, ranging in price from $295,000 up to $489,711 for an average price of $413,722 which equals $204.47 per square foot of living area.There are 2 homes under contract and awaiting sale.  List prices were $307,000 and $459,000 for an average list price of $383,000 which works out to $183.43 per sq. ft. of living area.  These homes were on the market for an average of 193 days before going under contract.In the past 12 months, 25 homes have sold in the Retreat.  Sales prices ranged from a low of $247,000 to a high of $493,000 for an average sales price of $347,668 or 184.57 per sq. ft. of living area. These sales averaged 97% of list price and these home...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Soundings of Hobe Sound June 2018 Market ReportFor June 2018 there are 2 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL.  List prices are $429,900 and $689,000 with an average list price of $559,450 which equals $288.83 per square foot of living area.There are also two homes under contract which have not sold to date.  The list prices are $430,000 and $489,000 with an average list price of $459,500 which equals $191.55 per square foot of living area.  These two homes were on the market for an average of 101 days prior to going under contract.In the past 12 months, 4 homes have sold in the Soundings.  Sales prices ranged from a low of $355,000 to a high of $825,000 for an average sales price of $560,875 or $279.71 per sq. ft. of living area. The average days...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
The Oaks at Hobe Sound June 2018 Market ReportIn June 2018 there are 6 homes available for sale in the Oaks at Hobe Sound.  List prices range from $340,0000 up to $465,000 for an average list price of $377,800 which works out to $152.84 per sq. ft. of living area.There are 2 homes currently under contract.  The list prices were $395,000 and $339,000 which averages out to $372,500 or $138.05 per sq. ft. of living area.  These homes were on the market for an average of 83 days before going under contract.In the past 12 months, 18 homes have sold in the Oaks.  The sales prices ranged from a low of $323,000 up to a high of $475,000 for an average sales price of $376,583 which equals $154.99 per sq. ft. of living area.  These homes averaged 59 days on the market prior to going under contract...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
My Wonderful Buyers just closed on the beautiful lot. Situated in a very quaint heavily treed neighborhood just about a mile from the beach. This highly desirable location is close to shops, restaurants, and an easy commute to I-95. Some people look for years trying to find a spot like this!!
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Condo Market Report April 2018 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2018 For April 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 8 active condo listings. (Decreased by 1 condos from March) 5 Condos are pending and awaiting close. (Down by 4 condos from March) 7 Condos sold in April. (Increased by 5 condos from March)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Good sales results for April but the ultra-low inventory of available condos for sale will negatively affect future activity. The absorption rate for Hobe Sound condos was 1.1 months for April as compared to 4.5 months in March).  Absorption rates in this segment of the Marti...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound FL 33455 Residential Market Report April 2018 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2018   For April 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 185 active listings. (Decreased by 9 homes from March) 101 Residential sales are pending and awaiting close  (Down by 4 homes from March) 52 Homes Sold in April (Up by 7 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 showed strong activity for April with closed sales increasing from March as well as strong pending sales numbers.  The inventory is getting quite low by historical standards and could use some improvement with more homes for sale. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropp...
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