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Hobe Sound FL 33455 Residential Market Report July 2018

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

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

There are currently 192 active listings. (Unchanged from June)

68 Residential sales are pending and awaiting close (Down by 12 homes from June)

53 Homes Sold in July (Up by 4 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 continues to show strong activity with closed sales up from last month while pending sales were off a bit on steady inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.6 months ( It was 3.9 months in June). 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 July 2017 were: 208 active listings, 82 pending sales, and 32 closed sales. Considerably stronger closed sales this year along with weaker pending sales.

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- Land Properties for Sale in Hobe-Sound, Florida Between $0 – $500,000
- Land Properties for Sale in Hobe-Sound, Florida Between $2,500,000 – $3,000,000

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- Rental Properties for Rent in Hobe-Sound, Florida Between $0 – $500,000

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Hobe Sound FL 33455 Residential Market Report July 2018

The Preserve of Hobe Sound August 2018 Real Estate Market Report

08.22.18 by Gabe Sanders

The Preserve of Hobe Sound August 2018 Real Estate Market Report

For August 2018, there is 1 home on the market in the Preserve of Hobe Sound. This home is listed for $319,900 which is $158.60 per sq. ft. of living area.

There are two homes currently under contract. These homes were listed for $325,000 and $335,000 for an average list price of $330,000 or $163.61 per sq. ft. of living area. These homes averaged 32 days on the market before going under contract

In the past 12 months, 10 homes have sold in the Preserve. Sales prices ranged from $270,000 up to $359,900 for an average sales price of $311,211 which works out to $154.29 per sq. ft. of living area. These homes averaged 30 days on the market before going under contract and sold for 98% of list price.

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound is a DiVosta built community which was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two car garage. The garages come in both front and side entrance varieties.

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

This is a gated community with a very attractive waterfall lake entrance. Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course. All ages are welcome and up to two large pets are permitted. The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse. Low HOA fees of $184.00 a month (as of August 2018) cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

There are also excellent medical facilities close by as well as restaurants and shopping. A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

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The Preserve of Hobe Sound August 2018 Real Estate Market Report

Bahia Sound Hobe Sound August 2018 Real Estate Market Report

08.15.18 by Gabe Sanders

Bahia Sound Hobe Sound August 2018 Real Estate Market Report

There are no homes for sale in Bahia Sound in Hobe Sound for August 2018.

One home is currently under contract. The list price was $379,900 or $136.36 per sq. ft. of living area.

4 Bahia Sound homes have sold in the past 12 months. The sales prices ranged from $450,000 up to $520,000. This is an average sales price of 475,000 which works out to $184.40 per square ft. of living area. These homes were on the market for an average of 96 days prior to going under contract and sold for an average of 95% of list price.

About Bahia Sound in Hobe Sound:

The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 to 2015 and as of this writing (July 2017), there are still 6 vacant lots. These homes are on lots of around 1/4 to 1/3 of an acre and range in size from 4 bedrooms, 3 bathroom homes of around 3,400 sq. ft. of living area down to 3 bedrooms, 2 bathroom homes of just over 2,000 sq. ft. Most homes are single story, however, there are a number of 2 story homes. There was no preferred builder so all of these homes are individual and unique.

There is a boardwalk through the preserve area to a private dock area as well as kayak/canoe storage. There are only a limited number of docks available and those with deeded docks have the ability to sell these docks to other Bahia Sound owners.

Children are currently zoned to attend the Hobe Sound Elementary School, Murray Middle School, and the South Fork High School.

This community is located next to the Jimmy Graham Park and is only 5 miles +/- to Jupiter Inlet or St. Lucie Inlet as well as 10 min to Pecks Lake by boat. There’s easy access to US-1 and either the City of Stuart or south to the town of Jupiter for entertainment, fine restaurants, movies and first class medical facilities.

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Bahia Sound Hobe Sound August 2018 Real Estate Market Report

Osprey Cove in Hobe Sound July 2018 Market Report

07.31.18 by Gabe Sanders

Osprey Cove in Hobe Sound July 2018 Market Report

There are currently 4 homes for sale in Osprey Cove in Hobe Sound, FL. The list prices range from $579,900 up to 799,000 for an average list price of $673,225 or 238.93 per sq. ft. of living area.

There is one home that is under contract and pending. This home was listed for $1,000,000 which is $171.79 per sq. ft. of living area. This home was on the market for 274 days prior to going under contract.

In the past 12 months, 4 homes have sold in Osprey Cove with sales prices ranging from $530,000 up to $718,000 for an average sale price of $607,000 which works out to $229.50 per sq. ft. of living area. These homes averaged 93 days on the market before going under contract and sales prices averaged 97% of list price.

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound

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.

Osprey Cove in Hobe Sound

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.

Osprey Cove in Hobe Sound

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

Osprey Cove in Hobe Sound

Hobe Sound Florida Real Estate

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

Osprey Cove in Hobe Sound July 2018 Market Report

Hobe Sound FL 33455 Condo Market Report June 2018

07.30.18 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2018

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

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

There are currently 4 active condo listings. (Decreased by 2 condos from May)

5 Condos are pending and awaiting close. (Unchanged from May)

3 Condos sold in June. (Increased by 2 condos from May)

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.

The absorption rate for Hobe Sound condos was 1.3 months for June as compared to 6 months in May). 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 June 2017 numbers were: 15 active listings, 4 pending sales, and 3 closed sales. Similar sales and pending activity to last year on an inventory that is two thirds less.

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

Hobe Sound FL 33455 Residential Market Report June 2018

07.27.18 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report June 2018

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

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

There are currently 192 active listings. (Increased by 8 homes from May)

80 Residential sales are pending and awaiting close (Down by 12 homes from May)

49 Homes Sold in June (Down by 14 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 slowed slightly from last month’s toridpace but remains a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased to 3.9 months ( It was 2.9 months in May). 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 June 2017 were: 178 active listings, 69 pending sales, and 53 closed sales. Interestingly Hobe Sound is one of the few areas in Martin County with higher inventory this year than last year. Closed sales were slightly lower while pending sales were higher for this June.

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