Hobe Sound Single Family Home Sales Very Strong Again in April
By Tom Priester, Paradise Sharks
(Paradise Sharks )
Hobe Sound single family sales remain solid as a rock. After jumping 20% in February and 150% in March, Hobe Sound single family homes sales remained very solid during April. During the month our local MLS system shows a total of 30 successful closings as of this mornings’ update. That compares with 30 sales in March still at annual highs and a continuation of a market improving even though prices are still being held down by the foreclosure sales. While the number of sales were very strong last month they remained intrenched in the lower price ranges with 70% of all sales below $300,000. But the good news is we saw some great strength in the $1,000,000 plus market with 4 sales representing a very strong 14% of the market. Sales between $300,000 and $1,000,000 were slow and I am hopefu...
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