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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 Condo Market Report March 2017   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2017   For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 16 active condo listings. (Increased by 3 condos from February) 4 Condo is pending and awaiting close. (Down by 2 pending condos from February) 4 Condos sold in March. (Increased by 2 closed sales from February)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There continues to be solid activity, though with such small numbers, trends are difficult to analyze. The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February).  A sellers market for Hobe Sound condos. Absor...
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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 March 2017 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017   For March 2017 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 200 active listings. (Down by 33 homes from February) 102 Residential sales are pending and awaiting close  (Up by 26 homes from February) 42 Homes Sold in March (Down by 8 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February).  Still in a sellers’ market for Hobe Sound resid...
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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 February 2017   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2017   For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 13 active condo listings. (Unchanged from January) 6 Condo is pending and awaiting close. (Up by 5 pending condos from January) 2 Condos sold in February. (Decreased by 12 closed sales from January)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales dropped to a more normal level this month while pending activity rose nicely on unchanged inventory. The absorption rate for Hobe Sound condos was 6.5 months for February (was 0.9 in January).  A balanced market. Absorption rates in this segment ...
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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 February 2017 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2017   For February 2017 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 233 active listings. (Up by 1 homes from January) 76 Residential sales are pending and awaiting close  (Down by 2 homes from January) 50 Homes Sold in February (Up by 23 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a big jump in closed sales for the month while maintaining inventory as well as pending sales. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.7 months (8.6 months in January).  Back into a sellers’ market for Hobe Sound residential ...
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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 January 2017   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2017   For January 2017 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 13 active condo listings. (Up by 2 condos from December) 1 Condo is pending and awaiting close. (Down by 1 pending condo from December) 14 Condos sold in January. (Increased by 10 closed sales from December)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  This was a big month for closed sales, the best for the year in Hobe Sound Condos.  Inventory remains challenged and only 1 pending sale for the month.The absorption rate for Hobe Sound condos was 0.9 months for January (was 2.75 in December).  A...
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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 January 2017 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2017   For January 2017 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 232 active listings. (Up by 26 homes from December) 78 Residential sales are pending and awaiting close  (Up by 19 homes from December) 27 Homes Sold in January (Down by 13 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed a drop in closed sales from last month along with an increase in listings.  Pending sales look good, however, for future closed activity. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 8.6 months (5.2 months in December).  Once agai...
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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 December 2016   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2016   For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 11 active condo listings. (Unchanged from November) 2 Condos are pending and awaiting close. (Down by 2 pending condos from November) 4 Condos sold in December. (Increased by 4 closed sales from November)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory remained unchanged while closed sales were up, while pending sales were off.The absorption rate for Hobe Sound condos was 2.75 months for December  Absorption rates in this segment of the Martin County real estate market should be taken...
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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 December 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2016   For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 206 active listings. (Up by 3 homes from November) 57 Residential sales are pending and awaiting close  (Down by 7 homes from November) 40 Homes Sold in December (Up by 7 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed improved activity to end the year with increased closed sales and a small increase in inventory.  Pending sales were down for this month as compared to November. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 5.2 months (6.5 months...
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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 November 2016   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2016   For November 2016 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 11 active condo listings. (Up by 5 condos from October) 4 Condos are pending and awaiting close. (Up by 3 pending condos from October) No Condos sold in November. (Decreased by 1 closed sales from October)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We have finally seen a small increase in inventory as well as pending sales which should show increased activity in future months. With no sale for November, the absorption rate cannot be determined.  Absorption rates in this segment of the Mart...
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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 November 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for November 2016   For November 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 203 active listings. (Up by 5 homes from October) 64 Residential sales are pending and awaiting close  (Up by 5 homes from October) 33 Homes Sold in November (Up by 2 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with somewhat slower activity as the inventory grows and the increase in both closed sales and pending sales are not keeping up with this increase in inventory. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6.5 months (6 months in O...
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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 Medalist November 2016 Market ReportAs of November 2016 there are 20 homes for sale in the Medalist.  This includes a selection of both new and pre-owned homes.  List prices range from $719,000 up to $1,900,000 for an average list price of $1,166,645 which works out to $314.43 per sq. ft. of living area.There is one home under contract.  The list price was $1,950,000 which is also $378.20 per sq, ft. of living area.  This home was on the market for 164 days before going under contract.In the past 12 months, 8 homes have sold in the Medalist.  Sales prices ranged from $520,000 up to $1,649,000 for an average sales price of $1,028,125 which equals $245.15 per sq. ft. of living area.  These homes sold for an average of 94% of the final list price and went under contract in an average o...
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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 Arbors in Hobe Sound November 2016 Market ReportThere are 4 available homes for sale in The Arbors as of November 2016.  List prices range from $435,000 up to $629,900 for an average of $517,975 which equals $201.22 per sq. ft. of living area.There is one home under contract which has not completed the sales process.  The list price is $570,000 or $192.57 per sq. ft. of living area.  This home was on the market for 43 days prior to going under contract.In the past 12 months, 9 homes have sold in the Arbors.  Sales prices ranged from $345,000 up to $584,000 for an average sales price of $471,000 which equals $188.70 per s. ft. of living area.  These sales averaged at 96% of the listed price and were on the market for an average of 104 days prior to entering into an agreement for sale...
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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 October 2016   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2016   For October 2016 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 6 active condo listings. (Up by 1 condos from September) 1 Condos are pending and awaiting close. (Down by 2 pending condos from September) 1 Condos sold in October. (Decreased by 2 closed sales from September) The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.For October, 2016 the absorption rate is 6 month (it was 1.7 months in Sept...
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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 October 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2016   For October 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 198 active listings. (Up by 5 homes from September) 59 Residential sales are pending and awaiting close  (Down by 5 homes from September) 33 Homes Sold in October (Down by 14 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County has slowed down to a balanced market with reduced pending and closed sales and a continuing increase in inventory. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 6 months (4.1 months in September).  A balanced market for the first time in ...
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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 September 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2016  For September 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 5 active condo listings. (Up by 1 condos from August) 3 Condos are pending and awaiting close. (Down by 2 pending condos from August)3 Condos sold in September. (The same number of closed sales from August) The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market. For September, 2016 the absorption rate is 1.7 month (it was 1.3 months in ...
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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 September 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2016   For September 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 193 active listings. (Up by 21 homes from August) 64 Residential sales are pending and awaiting close  (Down by 25 homes from August) 47 Homes Sold in September (Down by 1 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County returned to just very active from a red hot August.  Hobe Sound remains a very strong segment of the Martin County real estate market. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (2.9 months in August).  Still in a strong ...
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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 2016 Market ReportThere's only one home available to purchase in Governors Landing for September 2016.  This homes is listed for $646,000 which is $249.90 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, 3 homes have sold.  Sales prices ranged from $445,000 up to $558,000 for an average sales price of $518,850 which works out to $180.06 per sq. ft. of living area.  These homes sold for an average of 97% of the list price and were on the market for an average of 81 days before going under contract.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 At...
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By Tracey Lavoll, Lavoll Real Estate Group serving Palm Beach County
(Keller Williams of the Palm Beaches)
  ANOTHER HAPPY CUSTOMER!! 5930 Southeast Frankllin Place, Hobe Sound, FL 33455 Sold For:  $228,500 Enjoy amazing views of the Tom Fazio 18 hole golf course from this meticulous 2 bed plus den and 2 car garage home. Vaulted ceilings make this home light and bright. Brand new tile floors, fresh paint, impact windows and shutters, and hurricane impact garage door. You will love the panoramic view of the golf course from your cozy screened lanai. Additional patio off of the kitchen is perfect for grilling, and sliding screen door in the garage is perfect for catching the breeze on cool days. Search for homes here Find your home value now 
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By Andy Spears, The Treasure Coast Real Estate Expert
(Spears & Associates Real Estate Team)
Homes for Sale in Soundings in Hobe Sound, FL    Why Do People Live here?Soundings is a beautiful community of single family homes that is located in Hobe Sound, FL. It's a neighborhood consisting of 153 homes, an active family lifestyle is what you will find here. This is a waterfront community with canal homes. Intracoastal waterway with no fixed bridges. Looking for a home in The Soundings?Interested in finding Homes for Sale in the Soundings Neighborhood of Hobe Sound FL? Click that link to find all the currently available homes in this area of Hobe Sound.What's the Neighborhood Like?  The Soundings is a community that started building in the mid 80's. The owners in here get to enjoy being steps away from their boats and waterfront living! If you are a boater you know how great that...
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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 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2016  For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 4 active condo listings. (Up by 1 condos from July) 5 Condos are pending and awaiting close. (Down by 1 pending condos from July) 3 Condos sold in August. (The same number of closed sales from July) The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market. For August, 2016 the absorption rate is 1.3 month (it was 1 months in July). Absorption rates...
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