Hobe Sound FL 33455 Condo Market Report February 2019

Hobe Sound FL 33455 Condo Market Report February 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2019

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

There are currently only 2 active condo listings. (Up by 1 condo from January)

Hobe Sound FL 33455 Condo Market Report February 2019

2 Condos are pending and awaiting close. (Down by 1 condo from January)

Hobe Sound FL 33455 Condo Market Report February 2019

1 Condos sold in February. (Down by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 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 2 months for February as compared to 0.3 months in January).  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 February 2018 numbers were: 10 active listings, 4 pending sales, and 1 closed sale.  Considerably better activity last year, along with a greater number of condos available for sale.

Hobe Sound FL 33455 Condo Market Report February 2019

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report February 2019

Hobe Sound FL 33455 Residential Market Report February 2019

Hobe Sound FL 33455 Residential Market Report February 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2019

  For February 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 256 active listings. (Up by 10 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2019

66 Residential sales are pending and awaiting close  (Up by 3 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2019

39 Homes Sold in February (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales after a weak January.  Though the inventory is increasing and sales appear not to be keeping pace with them at this time.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.6 months (It was 9.5 months in January).  Returning into a balanced 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 February 2018 were:  207 active listings, 80 pending sales, and 41 closed sales.  Slightly better sales activity last year, but also with a reduced number of homes for sale as compared to now.  With, that considered much better activity last year.

Hobe Sound FL 33455 Residential Market Report February 2019

Are you interested in the value of your Hobe Sound FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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 February 2019

Governors Landing March 2019 Market Report

Governors Landing March 2019 Market Report

There is currently 1 home on the market in Governors Landing for March 2019.  The list price is $500,000 or $233.61 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only 1 Governors Landing home has sold.  The sales price was $458,000 or $179.05 per sq. ft. of living area.  This home sold for 97% of list price and was on the market for 10 days prior to going under contract.

About Governors Landing in Hobe Sound FL

Governors landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors landing in Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lake front homes, many with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors landing in Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing and as of this writing in September 2015 there are 4 vacant lots which have yet to be built upon.  Existing lot sizes range from just over 1/6th to just under ½ acres. And, homes range from 3 bedroom, 2 bathroom, 2 car garage with around 2,400 sq. ft. of air conditioned living area up to 5 bedroom, 5 bathroom, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

The HOA fee is $144.00 per month and includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School and South Fork High School.

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing March 2019 Market Report

Lost Lake Hobe Sound March 2019 Market Report

Lost Lake Hobe Sound March 2019 Market Report

There are currently 6 homes available for sale in Lost Lake in Hobe Sound FL.   List prices range from $399,900 up to $669,000 for an average list price of $540,950 which equals $205.43 per sq. ft. of living area.

There are 2 homes under contract and awaiting settlement.  List prices were $279,900 and $309,900 for an average of $294,900 which works out to $169.72 per sq. ft. of living area.  These homes averaged 28 days on the market before accepting their offers.

In the past 12 months, 44 homes have sold in Lost Lake.  Sales prices ranged from $232,000 up to $567,000 for an average sales price of $346,720 or $183.35 per sq. ft. of living area.  Sales averaged 97% of list price and these homes went under contract in an average of 51 days.

About Lost Lake:

Lost Lake Golf Course Homes in Hobe Sound

18 holes of golf, a great clubhouse, along with statuesque homes filling the beautifully landscaped streets, ideal views of open fields and small lakes in a peaceful neighborhood; Lost Lake could be your dream neighborhood in Hobe Sound.

Lost Lake Golf Course Homes in Hobe Sound

Located just west of US-1 in Martin County, Lost Lake sits in a peaceful area close to shopping in Hobe Sound, Stuart and only a few minutes further to Jupiter.  Lost Lake is located very close to the mariner’s destination known as Peck Lake, great for weekends out on the boat!  Just minutes to the beaches as well.  Lost Lake can be the location of your dream home tomorrow!

Lost Lake Golf Course Homes in Hobe Sound

There are 600 homes in the Lost lake community.  Three gated entries control entrance into this subdivision.  Homes were first built in 1992 and the last ones were completed in 1999.  Home sizes range from 4 Bedroom, 3 Bathroom with over 3,000 sq. ft. of living area down to attached villas with 2 Bedrooms, 2 Bathrooms and 1,399 sq. ft. of living area.  Golf course membership is not mandatory and there are very reasonable HOA fees that vary depending on the location and sub-community.

Lost Lake Golf Course Homes in Hobe Sound

Please call us for more information as well as a tour of the facilities and homes.

Lost Lake Golf Club Homes in Hobe Sound

Search for Lost Lake Homes For Sale

Lost Lake Hobe Sound March 2019 Market Report

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

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report January 2019