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

Jensen Beach FL 34957 Residential Market Report January 2019

Jensen Beach FL 34957 Residential Market Report January 2019

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

 For January 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 221 active listings. (Up by 34 home from last month)

Jensen Beach FL 34957 Residential Market Report January 2019

54 Residential sales are pending and awaiting close or lender approval. (Increased by 10 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2019

26 Homes Sold (Decreased by 9 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2019

The Jensen Beach FL 34957 Residential Market showed greater inventory for the first month of the year and an increase in pending sales.  Closed sales were down.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.5 months ( was 5.3 months in December).  Into a buyer’s market for Jensen Beach homes, though not expected to remain there.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2018 numbers were: 193 active listings, 69 pending sales, and 24 home sales closed.  Similar sales volume to last year but not as many pending sales.  And all of this with a greater inventory for this year as compared to 2018.
Jensen Beach FL 34957 Residential Market Report January 2019
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Jensen Beach FL 34957 Residential Market Report January 2019

Highlands Reserve February 2019 Market Update

Highlands Reserve February 2019 Market Update

There are currently 7 homes for sale in Highlands Reserve in Palm City, Florida.  Prices range from $369,000 up to $1,259,000.  The average list price is $580,700 which equals $195.54 per square foot of living area.

There are 5 homes under contract awaiting closing.  These homes were listed from a low of $369,000 up to $735,000 for an average list price of $548,380 or $163.65 per sq. ft. of living area.  These homes went under contract in an average of 98 days after they were listed.

In the past 12 months, 18 homes have sold in Highlands Reserve with an average sales price of $558,467 which works out to $168.87 per square foot of living area.  These sales prices ranged from $380,000 up to $1,325,000 with the homes averaging 88 days on market prior to going under contract and selling at 97% of the listed price.

About Highlands Reserve in Palm City FL:

Highlands Reserve in Palm City FL

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well-appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Low HOA fees of $338.00 per month include landscaping and irrigation as well as the security gate, use of the full-service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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Stuart Florida Real Estate

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

Highlands Reserve February 2019 Market Update

North River Shores February 2019 Market Report

North River Shores February 2019 Market Report

The North River Shores February 2019 Market Report for Stuart Florida:

There are currently 3 active listings in North River Shores.  List prices range from $619,000 up to $748,700.  The average list price is $672,533 which equals $258.65 per square foot of living area.

1 home is under contract (pending sale).  This home was listed for $1,145,000 or $428.84 price per sq. ft. of living area.  This home was on the market for 154 days before going under contract.

In the past 12 months, 29 homes have sold in North River Shores at an average sales price of $524,991 or at $223.70 per square foot of living area. Sales prices ranged from a low of $280,000 up to $1,175,000 and sales averaged 96% of the list price.  These homes were on the market for an average of 98 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

 North River Shores in Stuart FL

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.
  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

North River Shores in Stuart FL

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores

North River Shores
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Stuart Florida Real Estate

North River Shores February 2019 Market Report