Hobe Sound, FL Real Estate News

By Denise Copeland, Jupiter Abacoa Sales & Beach Front Luxury Homes
(Home Sales Palm Beach)
If you're looking for a great place to live in Hobe Sound Florida, check out these 10 great neighborhoods. We've included condos, townhomes and single family homes throughout Hobe Sound and ranked them based upon location, curb appeal and overall value. In all honesty, there really aren't a whole lot of communities in this little town - but these neighborhoods are definitely worth a look.1. HERITAGE RIDGEHeritage Ridge encompasses a number of subdivisions with individual home owners associations and a variety of homes. The community's different sections range from condo living, manufactured homes, townhomes, villas and single family golf front homes. All anchored by the Heritage Ridge Golf Club, a non-equity course that is open to the public and features a friendly full service bar over...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for March 2020, for Martin County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Martin County Florida. If you are following a particular community I can set you up a free account to follow everyday activity in that community. Please feel free to call me for any of your real estate needs. Serving The Treasure Cost since 1975...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for January 2020, for Martin County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Martin County Florida. If you are following a particular community I can set you up a free account to follow everyday activity in that community. Please feel free to call me for any of your real estate needs. Serving The Treasure Cost since 19...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
 The numbers are in for the year end 2019 for Martin County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. If you are following a particular community I can set you up a free account to follow everyday activity in that community. Please feel free to call me for any of your real estate needs. Serving The Treasure Cost...
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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)
Heritage Ridge Market Report for February 2019 As of February 2019, there are 29 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $79,000 up to $289,000.  This is an average list price of $152,855 which equals $119.17 per sq. ft. of living area. There are 8 homes under contract.  These were listed with prices from $72,000 up to $169,900.  This works out to an average list price of $134,938 or $106.43 per sq. ft. of living area.  The average days on the market before they went under contract was 66. In the past 12 months, there have been 114 sales in Heritage Ridge.  Sales prices ranged from $45,000 up to $292,500.  This equals an average sales price of $113,654 which works out to $97.50 per sq. ft. of living area.  These homes were on the market f...
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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 2019 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for January 2019 For January 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There is currently only 1 active condo listing. (Unchanged from December) 3 Condos are pending and awaiting close. (Down by 1 condo from December) 4 Condos sold in January. (Down by 1 condo from December) 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 selling well. The absorption rate for Hobe Sound condos was 0.3 months for Januar...
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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 2019 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for January 2019   For January 2019 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 246 active listings. (Up by 28 homes from December) 63 Residential sales are pending and awaiting close  (Up by 13 homes from December) 26 Homes Sold in January (Down by 13 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 showed a drop in closed sales and an increase in pending sales on greater inventory.  This segment of the Martin County residential real estate could use some improvement. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 9.5 months (It was 5.6 months in December). ...
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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)
Osprey Cove in Hobe Sound January 2019 Market ReportThere are currently 6 homes for sale in Osprey Cove in Hobe Sound, FL.  The list prices range from $599,000 up to $680,000.  This is an average list price of $633,823 or 238.55 per sq. ft. of living area.There are no homes currently under contract.In the past 12 months, 6 homes have sold in Osprey Cove with sales prices ranging from $530,000 up to $970,000.  This equals an average sale price of $658,000 which works out to $221.88 per sq. ft. of living area. These homes averaged 123 days on the market before going under contract and sales prices averaged 97% of list price.About Osprey Cove in Hobe Sound:Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Flori...
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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 2018 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2018 For December 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There is currently only 1 active condo listing. (Decreased by 1 condo from November) 4 Condos are pending and awaiting close. (Down by 4 condos from November) 5 Condos sold in December. (Up by 2 condo from November)   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 So...
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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 2018 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2018   For December 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 218 active listings. (Up by 11 homes from November) 50 Residential sales are pending and awaiting close  (Down by 13 homes from November) 39 Homes Sold in December (Up by 21 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 had a rebound in closed sales after a terrible November.  There was a decline in pending sales that may affect closed sales in the months ahead. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.6 months (It was 11.5 months in November).  Returning into a slig...
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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 December 2018 Market ReportFor the December 2018 there are currently 5 homes on the market in the Retreat of Hobe Sound, ranging in price from $288,900 up to $563,315 for an average price of $398,843 which equals $206.93 per square foot of living area.There are 4 homes under contract and awaiting sale.  List prices were from $292,500 up to $335,000.  This equals an average list price of $306,600 which works out to $192.04 per sq. ft. of living area.  These homes were on the market for an average of 49 days before going under contract.In the past 12 months, 26 homes have sold in the Retreat.  Sales prices ranged from a low of $249,900 to a high of $493,000.  This is an average sales price of $367,915 or 187.03 per sq. ft. of living area. These sales averaged 96%...
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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 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for November 2018 For November 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 2 active condo listings. (Decreased by 1 condo from October) 8 Condos are pending and awaiting close. (Up by 2 condos from October) 3 Condos sold in November. (Up by 1 condo from October)   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 cond...
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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 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for November 2018   For November 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 207 active listings. (Up by 13 homes from October) 63 Residential sales are pending and awaiting close  (Up by 14 homes from October) 18 Homes Sold in November (Down by 34 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 had a large drop in closed sales for November as compared to last month.  Inventory and pending sales rose for the month. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 shot up to 11.5 months (It was 3.7 months in October).  Jumping into a strong buyer’s market for Hobe 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)
Eaglewood November 2018 Market ReportAs of November 2018, there are 4 homes for sale in Eaglewood in Hobe Sound FL.  These homes were listed from $220,000 up to $425,000.  This makes for an average list price of $322,250 or $163.65 per sq. ft. of living area.There is 1 home currently under contract.  The list price was $230,000 and $205,000 or $133.95 per sq. ft. of living area. This home was on the market for 39 days prior to going under contract.In the past 12 months, 19 Eaglewood homes have sold.  Sales prices ranged from $155,000 up to $335,000.  The average sales price was $218,000 which works out to $140.59 per sq. ft. of living area.  These homes sold for 96% of list price and were on the market for an average of 51 days prior to going under contract. About Eaglewood in Hobe Soun...
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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 2018 Market ReportAs of November 2018, there are 16 homes for sale in the Medalist in Hobe Sound FL.  This includes a selection of both new and pre-owned homes.  List prices range from $850,000 up to $2,850,000 for an average list price of $1,385,869 which works out to $368.23 per sq. ft. of living area.There is one home currently under contract.  The list price was $950,000 or $254.56 per sq. ft. of living area.  This home was on the market for 209 days before going under contract.In the past 12 months, 6 homes have sold in the Medalist.  Sales prices ranged from $665,000 up to $1,720,000.  This works out to an average sales price of $1,049,833 or $264.42 per sq. ft. of living area.  These homes sold for an average of 92% of the final list price and went under con...
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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 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Condo Sales for October 2018 For October 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 3 active condo listings. (Decreased by 4 condos from September) 6 Condos are pending and awaiting close. (Up by 5 condos from September) 2 Condos sold in October. (Down by 1 condo from September)   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...
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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 2018 HOBE SOUND REAL ESTATE Snapshot for ZIP Code 33455, Residential Sales for October 2018   For October 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 194 active listings. (Up by 26 homes from September) 49 Residential sales are pending and awaiting close  (Down by 7 homes from September) 52 Homes Sold in October (Up by 4 homes from last month) The Hobe Sound Florida Market Report ZIP Code 33455 showed an increase in inventory while also showing less pending sales when compared to last month. Our sales. however, remain quite strong in the Hobe Sound residential market. The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose slightly to 3.7 months (It was 3.5 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)
The Arbors in Hobe Sound November 2018 Market ReportThere are no homes available for sale in The Arbors as of November 2018.There are also no homes currently under contract.In the past 12 months, 11 homes have sold in the Arbors.  Sales prices ranged from $413,000 up to $590,000.  This is an average sales price of $491,591 which equals $211.35 per sq. ft. of living area.  These sales averaged 97% of the listed price and were on the market for an average of 57 days prior to entering into an agreement for sale.About the Arbors in Hobe Sound:In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors.  This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in ma...
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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 2018 Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2018 For September 2018 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 7 active condo listings. (Increased by 3 condos from August) 1 Condo is pending and awaiting close. (Down by 3 condos from August) 3 Condos sold in September. (Down by 1 condo from August)   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 ...
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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 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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