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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 Residential Market Report August 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2016 For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 172 active listings. (Down by 20 homes from July) 89 Residential sales are pending and awaiting close (Up by 6 homes from July) 60 Homes Sold in August (Up by 14 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County outperformed all other Martin County real estate segments with a strong rise in closed sales and also an increase in pending sales with a decline in inventory. Most of our other areas eased off for August but this wasn't the case for Hobe Sound. The current absorption rate for the Hobe Sound Florida M...
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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 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2016  For July 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 3 active condo listings. (Down by 1 condos from June) 6 Condos are pending and awaiting close. (Unchanged in pending condos from June) 3 Condos sold in July. (The same number of closed sales from June) 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 July, 2016 the absorption rate is 1 month (it was 1.3 months in June). Absorption rates in 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 Residential Market Report July 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2016 For July 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 192 active listings. (Down by 1 homes from June) 83 Residential sales are pending and awaiting close (Down by 17 homes from June) 46 Homes Sold in July (Down by 8 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly though signs of reduced activity are showing up as the inventory increases and pending sales decrease. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.2 months (3.6 months in June). Still a sellers market for Hobe Sound residential sa...
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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)
June 2016 Market Report The Retreat in Hobe SoundFor the June 2016 there are currently 6 homes on the market in the Retreat of Hobe Sound, ranging in price from $292,900 to $395,000 for an average price of $345,433 which equals $185.80 per square foot of living area.There is only one home under contract and awaiting sale. This home was listed for $269,900 which is equal to $176.87 per sq. ft. of living area. This home was on the market for 74 days before going under contract.In the past 12 months, 24 homes have sold in the Retreat. Sales prices ranged from a low of $255,000 to a high of $490,000 for an average sales price of $325,579 which is $175.51 per sq. ft. of living area. These sales averaged 98% of list price and these homes were on the market for an average of 39 days before goi...
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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 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2016  For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 4 active condo listings. (Down by 1 condos from May) 6 Condos are pending and awaiting close. (Down by 1 condos from May) 3 Condos sold in June. (Up by 3 from last month) 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 June, 2016 the absorption rate is 1.3 months which is what it was back in April (with no sales reported in May, there was n...
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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 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2016 For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 193 active listings. (Down by 20 homes from May) 100 Residential sales are pending and awaiting close (Up by 10 homes from May) 54 Homes Sold in June (Up by 2 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly even as the inventory declined for this month, though still greater than last year. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 3.6 months (4.1 months in May). Continuing in the trend for all of Martin County as a sellers market. 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)
June 2016 Market Report for The Soundings Yacht and Tennis ClubFor June 2016 there are currently 4 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL.  List prices range from $380,000 to $899,000 with an average list price of $545,075 which equals  $212.18 per square foot of living area.  As of June 12, these homes have been on the market for an average of 93 days.There is one home under contract which has not sold to date.  The list price was $289,500 or $196.14 per sq. ft. and this home was on the market for 196 days before going under contract.In the past 12 months 8 homes have sold in the Soundings.  Sales prices ranged from a low of $315,000 to a high of $725,000 for an average sales price of $524,478 or $228.62 per sq. ft. of living area. The average days on ...
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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 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2016  For May 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 5 active condo listings. (No change in active condos from April) 7 Condos are pending and awaiting close. (Up by 1 condos from April) No Condos sold in May. (Down by 4 from last month)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We are down to only 5 available condos for sale in all of Hobe Sound which is not much for buyers to choose from.  Pending sales are strong, but there were no closed sales in May. There were no sales in Hobe Sound condos for May, but for April the absorption rate was 1.3 months.  Abs...
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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 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2016   For May 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 213 active listings. (Down by 4 homes from April) 90 Residential sales are pending and awaiting close  (Down by 9 homes from April) 52 Homes Sold in May (Down by 2 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to be a strong market even as sales and pending sales were slightly down from the previous month. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.1 months (4.0 months in April).  The third month in a row of being in a sellers market after two mon...
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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 May 2016 Market ReportThere are 4 available homes for sale in The Arbors as of May 2016. List prices are $439,900 to $597,500 for an average of $519,100 which equals $199.88 per sq. ft. of living area. These homes have been on the market for an average of 34 days. There are three homes under contract which have not completed the sales process. The list prices ranged from $479,000 to $575,000 for an average list price of $527,000 or $196.58 per sq. ft. of living area.. These homes averaged 162 days on market prior to going under contract. In the past 12 months, 8 homes have sold in the Arbors. Sales prices ranged from $315,000 to $578,500 for an average sales price of $407,063 which equals $176.87 per sq. ft. of living area. These sales averaged at 96% of the lis...
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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 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2016  For April 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 5 active condo listings. (No change in active condos from March) 6 Condos are pending and awaiting close. (Down by 1 condos from March) 4 Condos sold. (Up by 1 from last month)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  April showed strong activity for the little existing inventory available for Hobe Sound Condos. There were no sales in Hobe Sound condos for both January and March, but for April the absorption rate is 1.3 months, for December of 2015 it was 1.7 months.  Absorption rates in this segmen...
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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 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2016   For April 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 217 active listings. (Up by 9 homes from March) 99 Residential sales are pending and awaiting close  (Down by 17 homes from March) 54 Homes Sold in April (Down by 2 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County while still an active market is showing some signs of weakness with less close sales and pending sales and an increasing inventory. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.0 months (3.8 months in March).  The second month in a row of being in a 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)
Hobe Sound FL 33455 Condo Market Report March 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2016  For March 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 5 active condo listings. (Decreased by 4 condos from February) 7 Condos are pending and awaiting close. (Up by 2 condos from February) 3 Condos sold. (Up by 3 from last month) The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. March brought the first sale for condos in Hobe Sound for 2016. Though, with such low inventory, it is hard to make any meaningful comparisons as long as this market remains like this. There were no sales in Hobe Sound condos for both January and February, but for March the absorption rate...
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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 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2016 For March 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 206 active listings. (Down by 6 homes from February) 116 Residential sales are pending and awaiting close (Up by 9 homes from February) 56 Homes Sold in March (Up by 19 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded very strongly for March with increases in closed and pending sales. With this kind of activity, the available inventory of homes for sale just isn't enough to meet the buyers demands. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.8 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 February 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2016  For February 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 9 active condo listings. (Increased by 3 condos from January) 5 Condos are pending and awaiting close. (Up by 3 condos from January) No Condos sold in February (Same as January)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. February brought the second month of no condo sales, something that hasn't happened since I've been tracking this market. With a small increase in inventory and pending sales, I expect to see at least one or two closed sales for March. No possible absorption rate number for th...
Comments 10
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 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2016 For February 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 206 active listings. (Down by 6 homes from January) 116 Residential sales are pending and awaiting close (Up by 40 homes from January) 27 Homes Sold in February (Down by 8 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong pending sales gain as compared to last month (and previous months), while after two months of increasing inventory. this month saw a decline. Closed sales were off for the month, but with the pending numbers so good, I expect to see increases for the next few 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 January 2016  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for January 2016  For January 2016 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 6 active condo listings. (Increased by 2 condos from December) 2 Condos are pending and awaiting close. (Up by 1 condos from December) No Condos sold in December (Down 1 condos from December)   The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. 2016 began with a whimper for Hobe Sound condos with no sales. We did have small improvements in both the inventory and pending sales. No possible absorption rate number for this month with zero sales, for December of 2015 it was 4 months. Absorption rates in this 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)
Hobe Sound FL 33455 Residential Market Report January 2016 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2016 For January 2016 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 212 active listings. (Up by 25 homes from December) 76 Residential sales are pending and awaiting close (Up by 15 homes from December) 35 Homes Sold in January (Down by 5 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to show mostly positive and strong results with a nice increase in inventory (second month in a row) as well as a healthy increase in pending sales. Unfortunately closed sales were slightly down for the beginning of the new year. The current absorption rate for the Hobe Sound Flo...
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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 2015  Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2015  For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :  There are currently 4 active condo listings. (Unchanged from November) 1 Condos are pending and awaiting close. (Unchanged from November) 1 Condos sold in November (Unchanged from November) The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. With only 4 actively listed condos, there's just not that many options out there for buyers. Amazingly, there were no changes from last month at all. The current absorption rate is 4 months (Unchanged from last month). This absorption rate should be taken with a liberal grain of salt, 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 December 2015 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2015 For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 187 active listings. (Up by 21 homes from November) 61 Residential sales are pending and awaiting close (Down by 14 homes from November) 40 Homes Sold in December (Up by 12 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded from a slower November with an increase in closed sales and inventory as well. Unfortunately, pending sales were off for December. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.7 months (5.9 months in November). Back into a sel...
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