Hobe Sound FL 33455 Condo Market Report January 2019

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)

Hobe Sound FL 33455 Condo Market Report January 2019

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

Hobe Sound FL 33455 Condo Market Report January 2019

4 Condos sold in January. (Down by 1 condo from December)

Hobe Sound FL 33455 Condo Market Report January 2019

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 January as compared to 0.2 months in December).  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 January 2018 numbers were: 12 active listings, 5 pending sales, and 4 closed sales.  Slightly better activity last year, but there was at least a few more condos available for sale.

Hobe Sound FL 33455 Condo Market Report January 2019

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report January 2019

Hobe Sound FL 33455 Residential Market Report January 2019

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)

Hobe Sound FL 33455 Residential Market Report January 2019

63 Residential sales are pending and awaiting close  (Up by 13 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2019

26 Homes Sold in January (Down by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2019

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).  Returning into a buyer’s market for Hobe Sound residential real estate after one month as a seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2018 were:  193 active listings, 74 pending sales, and 37 closed sales.  Much better activity last year even though there was less inventory of Hobe Sound homes for sale.

Hobe Sound FL 33455 Residential Market Report January 2019

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Hobe Sound FL 33455 Residential Market Report January 2019

Jensen Beach FL 34957 Condo Market Report January 2019

Jensen Beach FL 34957 Condo Market Report January 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for January 2019

For January 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 120 active listings. (Increased by 10 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2019

25 Condo sales are pending and awaiting settlement. (Up by 7 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2019

18 Condos Sold (Up by 6 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2019

 The Jensen Beach FL 34957 Condo Market Report continues with an increased inventory of available condos for sale.  Both closed and pending sales rose incrementally when compared to last month.

The one-month absorption rate for the January 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 6.7 months (from 9.2 months in December), back into a balanced market after one month in a buyer’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The January 2018 numbers were: 119 active listings, 47 pending sales, and 15 condos closed.  There was a much stronger number of pending sales last year while inventory and closed sales are very similar.

Jensen Beach FL 34957 Condo Market Report January 2019

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Jensen Beach FL 34957 Condo Market Report January 2019

Hobe Sound FL 33455 Condo Market Report December 2018

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)

Hobe Sound FL 33455 Condo Market Report December 2018

4 Condos are pending and awaiting close. (Down by 4 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2018

5 Condos sold in December. (Up by 2 condo from November)

 Hobe Sound FL 33455 Condo Market Report December 2018

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 condos was 0.2 months for December as compared to 0.7months in November).  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 December 2017 numbers were: 10 active listings, 5 pending sales, and 4 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report December 2018

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report December 2018

Hobe Sound FL 33455 Residential Market Report December 2018

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)

Hobe Sound FL 33455 Residential Market Report December 2018

50 Residential sales are pending and awaiting close  (Down by 13 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2018

39 Homes Sold in December (Up by 21 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2018

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 slight seller’s market for Hobe Sound residential real estate after one month as a buyer’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2017 were:  189 active listings, 62 pending sales, and 24 closed sales.  A larger inventory this year and better closed sales volume.  Unfortunately, a  smaller number of pending sales.

Hobe Sound FL 33455 Residential Market Report December 2018

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Hobe Sound FL 33455 Residential Market Report December 2018

Jensen Beach FL 34957 Condo Market Report December 2018

Jensen Beach FL 34957 Condo Market Report December 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2018

For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 110 active listings. (Increased by 10 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2018

18 Condo sales are pending and awaiting settlement. (Down by 6 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2018

12 Condos Sold (Down by 3 condos from November)

Jensen Beach FL 34957 Condo Market Report December 2018

 The Jensen Beach FL 34957 Condo Market Report had c continued increase in inventory and unfortunately a decrease in both pending and closed sales..

The one-month absorption rate for the December 2018, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 9.2 months (from 6.7 months in November), now a buyer’s market for the first time in quite a while.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The December 2017 numbers were: 108 active listings, 26 pending sales, and 16 condos closed.  There was considerably better activity last year.

Jensen Beach FL 34957 Condo Market Report December 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report December 2018

Hobe Sound FL 33455 Condo Market Report November 2018

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)

Hobe Sound FL 33455 Condo Market Report November 2018

8 Condos are pending and awaiting close. (Up by 2 condos from October)

Hobe Sound FL 33455 Condo Market Report November 2018

3 Condos sold in November. (Up by 1 condo from October)

 Hobe Sound FL 33455 Condo Market Report November 2018

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 condos was 0.7 months for November as compared to 1.5 months in October).  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 November 2017 numbers were: 15 active listings, 6 pending sales, and 3 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report November 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2018

Hobe Sound FL 33455 Residential Market Report November 2018

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)

Hobe Sound FL 33455 Residential Market Report November 2018

63 Residential sales are pending and awaiting close  (Up by 14 homes from October)

Hobe Sound FL 33455 Residential Market Report November 2018

18 Homes Sold in November (Down by 34 homes from last month)

Hobe Sound FL 33455 Residential Market Report November 2018

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 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 November 2017 were:  195 active listings, 52 pending sales, and 32 closed sales.  Better sales activity last year.

Hobe Sound FL 33455 Residential Market Report November 2018

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Hobe Sound FL 33455 Residential Market Report November 2018

Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2018

For November 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 100 active listings. (Increased by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

24 Condo sales are pending and awaiting settlement. (Up by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

15 Condos Sold (Down by 2 condos from October)

Jensen Beach FL 34957 Condo Market Report November 2018

 The Jensen Beach FL 34957 Condo Market Report had an increase in inventory and pending sales along with a decrease in closed sales.

The one-month absorption rate for the November 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 6.7 months (from 5.8 months in October), transitioning into a balanced market for the first time in quite a while.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The November 2017 numbers were: 106 active listings, 24 pending sales, and 17 condos closed.  Very similar activity when compared to last year.

Jensen Beach FL 34957 Condo Market Report November 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report November 2018

Hobe Sound FL 33455 Condo Market Report October 2018

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)

Hobe Sound FL 33455 Condo Market Report October 2018

6 Condo is pending and awaiting close. (Up by 5 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2018

2 Condos sold in October. (Down by 1 condo from September)

 Hobe Sound FL 33455 Condo Market Report October 2018

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 condos was 1.5 months for October as compared to 2.3 months in September).  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 October 2017 numbers were: 13 active listings, 8 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report October 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2018

Hobe Sound FL 33455 Residential Market Report October 2018

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)

Hobe Sound FL 33455 Residential Market Report October 2018

49 Residential sales are pending and awaiting close  (Down by 7 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2018

52 Homes Sold in October (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2018

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 September).  Remaining in a strong 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 October 2017 were:  212 active listings, 49 pending sales, and 29 closed sales.  Better activity this year. Interestingly, Hobe Sound residential is one of the few segments of the Martin County real estate market still showing lower inventory than last year.

Hobe Sound FL 33455 Residential Market Report October 2018

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Hobe Sound FL 33455 Residential Market Report October 2018

Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach FL 34957 Condo Market Report October 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2018

For October 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 98 active listings. (Increased by 12 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

22 Condo sales are pending and awaiting settlement. (Down by 5 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

17 Condos Sold (Down by 10 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show good activity.  Unfortunately not as robust as last month or last year.

The one-month absorption rate for the October 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 5.8 months (from 3.2 months in September), remaining in a seller’s market but inching close to a balanced one.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The October 2017 numbers were: 84 active listings, 32 pending sales, and 24 condos closed.  Considerably stronger activity last year and on a smaller inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report October 2018

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report October 2018

Hobe Sound FL 33455 Condo Market Report September 2018

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)

Hobe Sound FL 33455 Condo Market Report September 2018

1 Condo is pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

3 Condos sold in September. (Down by 1 condo from August)

 Hobe Sound FL 33455 Condo Market Report September 2018

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 condos was 2.3 months for September as compared to 1.0 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 2017 numbers were: 17 active listings, 3 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report September 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2018

Hobe Sound FL 33455 Residential Market Report September 2018

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)

Hobe Sound FL 33455 Residential Market Report September 2018

56 Residential sales are pending and awaiting close  (Down by 25 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2018

48 Homes Sold in September (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2018

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 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 2017 were:  177 active listings, 57 pending sales, and 28 closed sales.  Considerably better activity this year on a reduced number of homes available for sale.

Hobe Sound FL 33455 Residential Market Report September 2018

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2018

For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 87 active listings. (Increased by 5 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condos Sold (Unchanged from August)

Jensen Beach FL 34957 Condo Market Report September 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show strong activity.  There was a troubling drop in pending sale for the month.  This may be an indicator of slower sales in the immediate future.

The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed.  Slightly stronger sales this year but also on a greater inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report September 2018

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2018

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2018

For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Decreased by 1 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2018

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

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos sold in August. (Up by 1 condo from July)

 Hobe Sound FL 33455 Condo Market Report August 2018

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 condos was 1.0 months for August as compared to 1.3 months 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 2017 numbers were: 15 active listings, 4 pending sales, and 6 closed sales.  Much better activity last year on a greatly larger  inventory.

Hobe Sound FL 33455 Condo Market Report August 2018

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound FL 33455 Residential Market Report August 2018

Hobe Sound FL 33455 Residential Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2018

  For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2018

81 Residential sales are pending and awaiting close  (Up by 13 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2018

37 Homes Sold in August (Down by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a drop in closed sales for the month.  But, also, a rise in pending sales which should result in more sales in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.6 months (It was 3.6 months in July).  Remaining in 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 August 2017 were:  173 active listings, 62 pending sales, and 52 closed sales.  Better sales activity last year and better pending activity for this year.

Hobe Sound FL 33455 Residential Market Report August 2018

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

Hobe Sound FL 33455 Residential Market Report August 2018

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2018

For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Decreased by 5 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

27 Condos Sold (Up by 1 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

 The Jensen Beach FL 34957 Condo Market Report for August continued remained very active and is one of the strongest markets in the Martin County area.  Both pending and closed sales increased slightly along with another drop in the inventory of available condos for sale.

The one-month absorption rate for the August 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched down to 3.0 months (from 3.3 months in July), remaining in a strong 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 2017 numbers were: 80 active listings, 41 pending sales, and 26 condos closed.  Very similar market activity when compared to last year.

Jensen Beach FL 34957 Condo Market Report August 2018

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Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2018

Hammock Creek September 2018 Market Report

Hammock Creek September 2018 Market Report

There are currently 5 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $410,000 up to $675,000.  The average list price works out to $475,150 which is $173.92 per square foot of living area.

There are 7 homes currently under contract awaiting closing.  Their list prices range from $439,000 up to $725,000.  This is an average list price is $552,200 and is equal to $173.02 per square foot of living area.  These homes averaged 61 days from list date to being under contract.

In the past 12 months, 30 homes have sold in Hammock Creek.  Sales prices ranged from $360,000 up to $620,000. This is an average sales price of $481,617 which works out to $167.55 per square foot of living area.  These homes went under contract in an average of 48 days and sold for an average of 97% of list price.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides.

Depending on which section of Hammock Creek you are in HOA fees run from $285 to $485 per quarter.   The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City elementary, Hidden Oaks middle and Martin County high schools.

Here are the currently available homes in Hammock Creek September 2018 Market Report

For any questions you may have about Hammock Creek September 2018 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Hammock Creek September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound FL 33455 Condo Market Report July 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2018

For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 5 active condo listings. (Increased by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2018

5 Condos are pending and awaiting close. (Up by 1 condo from June)

Hobe Sound FL 33455 Condo Market Report July 2018

3 Condos sold in July. (Unchanged from June)

 Hobe Sound FL 33455 Condo Market Report July 2018

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 condos was 1.3 months for July as compared to 6 months in June).  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 July 2017 numbers were: 19 active listings, 3 pending sales, and 0 closed sales.  Much better activity this year on hardly any inventory.

Hobe Sound FL 33455 Condo Market Report July 2018

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Hobe Sound FL 33455 Condo Market Report July 2018