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Hobe Sound FL 33455 Residential Market Report June 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2015

For June 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 150 active listings. (Down by 30 homes from May)

119 Residential sales are pending and awaiting close (Up by 6 homes from May)

61 Homes Sold in June (Down by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to set a torrid pace for sales. Though the continuing drop in available inventory will soon effect the volume of sales unless more product goes back on the market. Can’t sell it if it’s not available.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 2.5 months (2.8 months in May). Still an extreme seller’s market for the Hobe Sound area of Martin County. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2014 were: 261 active listings, 95 pending sales and 40 closed sales. A very significant drop in inventory, yet the volume remains better than last year.

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report June 2015

July 2015 Market Report for Osprey Cove in Hobe Sound

07.07.15 by Gabe Sanders

July 2015 Market Report for Osprey Cove in Hobe Sound

There are currently 5 homes for sale in Osprey Cove in Hobe Sound, FL. Listing prices range from $635,000 to $1,249,000 for an average list price of $774,780. or a price per square foot of living area of $241.88.

There are three homes under contract which have not closed to date. List prices are from $514,900 to $699,000 or $218.22 per sq. ft. of living area.

In the past 12 months, 9 homes have sold in Osprey Cove with sales prices ranging from $445,000 to $689,900 for an average sale price of $545,000 or $206.41 per sq. ft. of living area. These sales averaged 613 days on the market and sales prices averaged 96% of list price.

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida. It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway. There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006. Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area. There’s also a community pool and tennis court available to all residents.

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County. All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school. There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

July 2015 Market Report for Osprey Cove in Hobe Sound

Hobe Sound FL 33455 Condo Market Report May 2015

06.22.15 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2015

For May 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 8 active condo listings. (Down by 2 condos from April)

4 Condos are pending and awaiting close. (Up by 2 condos from April)

1 Condos sold in April (Decreased by 4 condos from April)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. As we deplete the pending inventory with closed sales, this will continue to be a difficult segment of the Martin County condo market until we get more inventory of available condos.

The current absorption rate is 8 months (Last month it was 2 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may 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 May 2014 numbers were: 20 active listings, 5 pending sales and 3 closed sales. Currently with single digit inventory numbers, it is very difficult to generate any kind of volume for condo sales in Hobe Sound.

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2015

Hobe Sound FL 33455 Residential Market Report May 2015

06.21.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report May 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2015

For May 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 180 active listings. (Up by 2 homes from April)

113 Residential sales are pending and awaiting close (Down by 20 homes from April)

65 Homes Sold in May (Down by 3 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues to set a torrid pace and is the winner for the strongest activity in residential sales for the county.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 eaked up to 2.8months (2.6 months in April). Still an extreme seller’s market for the Hobe Sound area of Martin County. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2014 were: 272 active listings, 84 pending sales and 47 closed sales. Considerably better activity this year even with the reduced inventory.