Hobe Sound FL 33455 Residential Market Report September 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2016

For September 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 193 active listings. (Up by 21 homes from August)

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

47 Homes Sold in September (Down by 1 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County returned to just very active from a red hot August. Hobe Sound remains a very strong segment of the Martin County real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (2.9 months in August). Still in a strong sellers market for Hobe Sound residential sales. 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 2015 were: 162 active listings, 89 pending sales and 32 closed sales. Better closed volume for this year while last year showed better pending activity. All, with a somewhat higher inventory this year.

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

Hobe Sound FL 33455 Residential Market Report September 2016

Hummingbird Place October 2016 Market Report

10.24.16 by Gabe Sanders

Hummingbird Place October 2016 Market Report

There are currently two homes available for sale in Hummingbird Place. These homes are listed for $399,000 and $419,990 for an average list price of $409,495 or $202.11 per sq. ft. of living area.

There is one home under contract awaiting settlement and was last listed for $399,000 or $208.14 per sq. ft. of living area. It was on the market for 56 days prior to accepting this offer.

In the past 12 months, 3 homes have sold in Hummingbird Place. Sales prices ranged from $395,000 up to $425,000 for an average sales price of $405,000 or $186.98 per sq. ft. of living area. These homes averaged only 20 days on the market before going under contract and sold for 98% of the last listed price.

About: Hummingbird Place in Stuart FL

Hummingbird Place is a small gated community of 19 homes in North Stuart FL located on Britt Rd and in close proximity to the Treasure Coast Mall and the US-1 shopping area of Jensen Beach FL. This community was built between 2010 and 2014. All homes are in the Key West style and offer homes of just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to 2,500 sq. ft. homes with 4 bedrooms and 3 baths.

Low HOA fees of $200 a month (as of October 2016) include maintenance and upkeep for the common areas and gate as well as lawn care for each home. All ages are welcome and pets are allowed. There are restrictions to commercial vehicles that are not parked inside the garage overnight.

Children living in the Hummingbird subdivision attend Felix A Williams Elementary School, Stuart Middle School and Jensen Beach High School.

Those looking for quality newer construction in a great area may want to consider Hummingbird Place.

Check here to see if any Hummingbird Place homes are available to purchase.

Jensen Beach FL 34957 Condo Market Report September 2016

10.23.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2016

For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 115 active listings. (Increased by 3 condos from August)

37 Condo sales are pending and awaiting settlement. (Down by 1 condos from August)

17 Condos Sold (Down by 8 condos from August)

For the Jensen Beach FL 34957 Condo Market Report September 2016 had another increase in available condos for sale (inventory) along with a decrease in sales activity. A typical result for this condo market as we are considered to be in the off season for condos.

The one month absorption rate for the September 2016, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.7 months (from 4.3 months in August), moving the Jensen Beach condo market into a balanced market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2015 numbers were: 22 active listings, 12 pending sales and 6 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

Jensen Beach Condominium Properties by Price

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2016

Be Ready to Show and Sell

10.23.16 by Gabe Sanders

Be Ready to Show and Sell

So you’re ready to buy a new home; to start a new and exciting phase of your life in what just may be the house of your dreams.

First, though, you have to sell your current place of residence; and doing so will take just a bit of steady and ongoing effort on your part to show off your current residence to its best effect.

You might begin the selling process by conducting a thorough cleaning and even remodeling of your current residence. And while this is a great idea, you also should work to maintain the beauty and order of your home for the duration of the selling process.

Think of it this way. The moment that you put your house up for sale, you technically begin to share it with any number of potential buyers; people who will be in and out of the home from now until the point that one of them (or so we hope) signs a contractual promise to buy the home. So with that in mind, here are a few ways to keep your home in sellable condition—up to and until it actually sells.

1. Spot clean. If you notice any spots, splotches or stains anywhere in your home, make it a point to clean and clear them right away. Your Realtor, after all, could call or visit at any moment to arrange a showing of your home. Make sure that you—and your home—are ready.

2. Organize. Throughout the course of a standard week, even the neatest houses become gathering places for discarded daily newspapers, books and work/school papers that have been cast aside, and common trash items that range from sandwich bags to candy bar wrappers. Make sure that you collect these items before they hit the ground, disposing those that are no longer needed and organizing and storing those that still have value.

3. Take care of your lawn. First impressions mean a lot; and when potential buyers pull up in front of your home, the first thing that they likely will see is your front lawn. So trim, mow and rake this area on a regular basis, also taking care to keep your driveway and sidewalks clean and in good order.

4. Take care of the basics. Be sure at all times that your carpet is vacuumed, your dishes are done and put away, and that your trash has been collected and taken to the curb. All of these small steps can add up to a big first impression for potential buyers; one that just might lead to the swift and successful sale of your home.

Jensen Beach FL 34957 Residential Market Report September 2016

10.22.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report September 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2016

For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 169 active listings. (Up by 2 homes from last month)

78 Residential sales are pending and awaiting close or lender approval. (Increased by 11 homes from August)

32 Homes Sold (Up by 1 home sales from August)

The Jensen Beach FL 34957 Residential Market showed increased activity for September after last month. Both pending and closed sales numbers were higher along with a small increase in inventory.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 edged down to 5.3 months ( was 5.4 months in August). Still a sellers’ market for the Jensen Beach residential real estate segment. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The September 2015 numbers were: 119 active listings, 61 pending sales and 31 home sales closed. Better closed and pending activity this year, but this is with a far greater number of available homes.

Jensen Beach FL 34957 Residential Market Report September 2016