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

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Hobe Sound FL 33455 Residential Market Report August 2017

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Condo Market Report August 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2017

 

For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 80 active listings. (Decreased by 13 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

41 Condo sales are pending and awaiting settlement. (Up by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

26 Condos Sold (Down by 6 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2017

 The Jensen Beach FL 34957 Condo Market Report for August shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Pending sales were up for the month while closed sales were off, yet still a very hot area.

The one month absorption rate for the August 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.1 months (from 2.9 months in July), still a very stronger seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2016 numbers were: 112 active listings, 38 pending sales and 25 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2017

Jensen Beach FL 34957 Residential Market Report August 2017

Jensen Beach FL 34957 Residential Market Report August 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2017

 For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 143 active listings. (Down by 22 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2017

77 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2017

48 Homes Sold (Up by 21 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2017

The Jensen Beach FL 34957 Residential Market showed very strong summer activity with increases in close and ending sales while the number of available homes for sale decreased.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.0 months ( was 6.1 months in July).  Back into a strong seller’s market after one month of a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2016 numbers were: 167 active listings, 67 pending sales, and 31 home sales closed.  Considerably stronger overall activity this year even with lower inventory levels.
Jensen Beach FL 34957 Residential Market Report August 2017

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report August 2017

Plantation at Sewalls Point September 2017 Market Report

Plantation at Sewalls Point September 2017 Market Report

For September 2017 there are 3 homes available for sale in the Plantation at Sewalls Point.  List prices range from $1,600,000 up to $3,795,000 for an average list price of $2,363,333 which equals $362.31 per sq. ft. of living area.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been 2 sales in the Plantation at Sewalls Point.  Sales prices were $1,100,000 and $1,615,000 for an average sales price of $1,357,500 which works out to $551.59 per sq. ft. of living area.  These homes averaged 144 days on market before going under contract and sold for an average of 97% of the final list price.

About Plantation at Sewalls Point:

Aerial of the Plantation at Sewalls PointThe Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.  Plantation Home 4

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 1

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Plantation at Sewalls Point September 2017 Market Report

 

North River Shores August 2017 Market Update

North River Shores August 2017 Market Update

The North River Shores August 2017 Market Update for Stuart Florida:

There are currently 9 active listings in North River Shores.  List prices range from $360,000 up to $1,095,000.  The average list price is $640,631 based on $273.75 per square foot of living area.

3 homes are under contract (pending sales). List prices were from $349,900 up to $459,900 for an average of $413,233 which equates to a $172.96 price per sq. ft. of living area.  These homes averaged 82 days on the market before going under contract.

In the past 12 months, 24 homes have sold in North River Shores at an average sales price of $480,238 or at $221.88 per square foot of living area. Sales prices ranged from a low of $225,000 up to $1,850,000 and sales averaged 96% of the list price.  These homes were on the market for an average of 96 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

North River Shores

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.
There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.


North River Shores This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peacefully neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.
For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders or of Premier Realty Group.

North River Shores

 
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courtesy of:
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Stuart Florida Real Estate

North River Shores August 2017 Market Update