The Arbors in Hobe Sound November 2017 Market Report

The Arbors in Hobe Sound November 2017 Market Report

There are 3 available homes for sale in The Arbors as of November 2017.  List prices are from $539,000 up to $599,000 for an average of $571,000 which equals $225.17 per sq. ft. of living area.

There are two homes under contract which has not completed the sales process.  The list prices were $425,000 and $450,000 for an average list price of $437,500 or $226.41 per sq. ft. of living area.  These homes were on the market for an average of 44 days prior to going under contract.

In the past 12 months, 7 homes have sold in the Arbors.  Sales prices ranged from $375,000 up to $575,000 for an average sales price of $479,657 which equals $193.08 per sq. ft. of living area.  These sales averaged at 96% of the listed price and were on the market for an average of 82 days prior to entering into an agreement for sale.

The Arbors in Hobe Sound FL

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 many modern developments.  In addition to the two serene lakes, the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna.  Residents of the Arbors enjoy seeing endangered scrub jays and gopher tortoises as well as pairs of sandhill cranes.   To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land.  Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

The Arbors in Hobe Sound FL  The Arbors in Hobe Sound FL

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County.  Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting.  The Arbors is less than an hour away from Palm Beach International Airport and just about equidistant from Miami and Orlando, both only two hours by car.

The Arbors in Hobe Sound FL The Arbors in Hobe Sound FL

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

The Arbors in Hobe Sound November 2017 Market Report

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2017

For September 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 17 active condo listings. (Increased by 2 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2017

3 Condos are pending and awaiting close. (Down by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2017

1 Condos sold in September. (Decreased by 5 condos from August)

 Hobe Sound FL 33455 Condo Market Report September 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is growing, but unfortunately, sales activity was weak for this month.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The absorption rate for Hobe Sound condos was 17 months for September as compared to 5 months in August). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The September 2016 numbers were: 5 active listings, 3 pending sales, and 3 closed sales.  Better overall activity last year when compared to this year.

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2017

  For September 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 177 active listings. (Increased by 4 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

57 Residential sales are pending and awaiting close  (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

28 Homes Sold in September (Down by 24 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed somewhat weaker activity for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.3 months ( It was 3.3 months in August).  Back into a balanced market after a brief month as a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2016 were:  193 active listings, 64 pending sales, and 47 closed sales.  Better activity for 2016 on slightly higher inventory levels.

Hobe Sound FL 33455 Residential Market Report September 2017

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound FL 33455 Condo Market Report August 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2017

 

For August 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 15 active condo listings. (Decreased by 4 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2017

4 Condos are pending and awaiting close. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2017

6 Condos sold in August. (Increased by 6 condos from July)

 Hobe Sound FL 33455 Condo Market Report August 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  A nice increase in sales for the month as compared to no sales for July.

The absorption rate for Hobe Sound condos was 5 months for August as compared to no sales in July). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2016 numbers were: 4 active listings, 5 pending sales, and 3 closed sales.  Better overall activity this year when compared to last year.

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2017

Hobe Sound FL 33455 Residential Market Report August 2017

Hobe Sound FL 33455 Residential Market Report August 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2017

  For August 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 173 active listings. (Decreased by 35 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2017

62 Residential sales are pending and awaiting close  (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2017

52 Homes Sold in August (Up by 19 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2017

The Hobe Sound Florida Market Report ZIP Code 33455 lost the inventory it gained last month on improved sales volume but also showed a reduced pending sales volume.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.3 months ( 6.3 months in July).  Back into a seller’s market after a brief month as a balanced market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2016 were:  172 active listings, 89 pending sales, and 60 closed sales.  Better volume of closed sales last year with better pending sales this year and just about the same inventory.

Hobe Sound FL 33455 Residential Market Report August 2017

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Hobe Sound FL 33455 Residential Market Report August 2017