Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound FL 33455 Condo Market Report July 2019

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

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

There are currently 10 active condo listings. (Down by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

5 Condos are pending and awaiting close. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

3 Condo sold in July. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  There is surprisingly strong activity for such a small market segment of Martin County.

The absorption rate for Hobe Sound condos was 3.3 months for July (it was 12 months for June).  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 July 2018 numbers were: 5 active listings, 5 pending sales, and 3 closed sales.  Very similar activity when compared to last year for the Hobe Sound July 2019 condo market activity.

Hobe Sound FL 33455 Condo Market Report July 2019

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound FL 33455 Residential Market Report July 2019

Hobe Sound FL 33455 Residential Market Report July 2019

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

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

There are currently 195 active listings. (Down by 24 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2019

76 Residential sales are pending and awaiting close  (Up by 9 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2019

38 Homes Sold in July (Down by 15 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2019

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active rsidentialreal estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 5.1 months (It was 4.1 months in June).  Remaining in a seller’s market for Hobe Sound residential real estate, but drifting towards a balanced one.  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 2018 were: 192 active listings, 68 pending sales, and 53 closed sales.  Better number of closed sales last year while the other metrics are similar to this year.

Hobe Sound FL 33455 Residential Market Report July 2019

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Residential Market Report July 2019

Four Rivers September 2019 Palm City Real Estate Market Report

Four Rivers September 2019 Palm City Real Estate Market Report

For September 2019, there are 9 homes available to purchase in Four Rivers in Palm City FL ranging in price from $745,000 up to $1,370,000.  This is an average list price of $1,072,778 or $345.13 per sq. ft. of living area.

There are no homes currently under contract.

Only 2 homes have sold in the past 12 months in Four Rivers.  The sales prices were $600,000 and $1,175,000.  This equals an average sales price of $887,500 which is $182.02 per sq. ft. of living area.  These homes averaged 256 days on the market before going under contract and sales were at 92% of the list price.

About Four Rivers in Palm City FL:

Four Rivers Waterfront in Palm City FL

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deepwater canals suitable for larger vessels.   With no fixed bridges (under 60’) to the Saint Lucie Inlet for quick and easy access to the Atlantic Ocean.

Four Rivers in Palm City, Florida

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family-friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike.  Great location for families and for those wishing to commute to our more crowded neighboring counties.

Four Rivers in Palm City, Florida

Canals ware maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Low HOA fees are used to fund the occasional dredging to maintain the canal water depth.  Four Rivers is a wonderful place to call home.

Four Rivers Waterfront Community in Palm City FL.

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Palm City Florida Real Estate is presented by:
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Four Rivers September 2019 Palm City Real Estate Market Report

 

Stuart FL 34997 Condo Market Report July 2019

Stuart FL 34997 Condo Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2019

For July 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 12 condos from June).

Stuart FL 34997 Condo Market Report July 2019

20 Condo sales are pending and awaiting close (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

16 Condos Sold in July (Up by 5 condos from June).

Stuart FL 34997 Condo Market Report July 2019

      The Stuart FL condo market for zip code 34997 picked up considerably from last month and is a very active condo real estate market.

     The absorption rate plunged to 2.8 months in July compared to 5.1 months for June.  Back into a very strong seller’s market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The July 2018 numbers were: 44 active listings, 21 pending sales, and 17 closed sales.  Very similar to the July 2018 condo activity for the 34997 zip code area of Martin County.

Stuart FL 34997 Condo Market Report July 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Condo Market Report July 2019

Stuart FL 34997 Residential Market Report July 2019

Stuart FL 34997 Residential Market Report July 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for July 2019

For July 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 313 active listings (Increased by 15 home from June).

Stuart FL 34997 Residential Market Report July 2019 

127 Residential sales are pending and awaiting close or lender approval (Down by 22 homes from June). 

Stuart FL 34997 Residential Market Report July 2019 

82 Homes Sold in July (Decreased by 15 homes from June)

Stuart FL 34997 Residential Market Report July 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  For July 2019, the inventory is up but both sales and pending sales decreased from last month.
     The absorption rate rose to 3.8 months (was 3.1 months for June).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for July 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for July, were: 258 active listings, 164 pending listings, and 80 closed sales.  Similar closed sales volume on a greatly reduced inventory of available homes for sale.  Pending sales were significantly less this year when compared to July 2018.
Stuart FL 34997 Residential Market Report July 2019

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report July 2019