Open House in Rocky Point Condo with 40 Foot Deeded Boat Dock

04.20.12 by

Open House in Rocky Point Condo with 40 Foot Deeded Boat Dock

Port Manatee Condo in Rocky Point

Join us on April 22, from 1 to 4 P.M. to view this exceptional opportunity for the serious boater or investor!

Are you looking for a full-time home or just a getaway? Are you a boater or fisherman? This is the perfect place for you. Spacious first floor, 2 BR, 2 BA condo in the Manatee Pocket with a deeded 40′ dock (water and electric). Only minutes to the crystal clear waters of the Atlantic Ocean to fish, or to take a quick trip over to the Bahamas. This condo features reasonable fees, spacious grounds, a large community pool overlooking ‘the pocket’, and a free laundry room. Freshly painted and brand new carpets. Light and bright Florida room with water views. One small pet (under 25 lbs.) is allowed. Great location, only minutes to the beaches, shopping restaurants and all the amenities that Martin County has to offer. Call for more information.

Search for all Condos in Rocky Point, Stuart

Rocky Point Florida Real Estate is presented by:
the Gabe Sanders real estate team

Open House in Rocky Point Condo with 40 Foot Deeded Boat Dock

Price Reduced on Stuart Home on 2 Acres

04.19.12 by

Price Reduced on Stuart Home on 2 Acres

5689 SE Ault Ave is now $180,000

3, possible 4 bedroom, 2 bath, ranch home on 2 acres zoned for agriculture use to keep your taxes low. Solar hot water heater to keep utility bills low also. This unique and secluded property sits at the end of a private driveway with a lake that surrounds two sides of the property. Along with the spacious home and land is a detached air-conditioned workshop/garage and an air-conditioned kennel. A professional vegetable garden set up with underground sprinklers. Lots of room for whatever you may need for a home-based business or raising and taking care of animals. Horses permitted. A tranquil setting but still in the heart of Stuart, only minutes to schools, shopping, restaurants and the beaches of Martin County. Many, many extras. Now reduced to $180,000

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

Price Reduced on Stuart Home on 2 Acres

Another Cedar Pointe Condo Sold by the Gabe Sanders Real Estate Team

04.16.12 by

Another Cedar Pointe Condo Sold by the Gabe Sanders Real Estate Team

2929 SE Ocean Blvd. Unit 147-8
Sales Price – $45,000

Charming two-bedroom condominium located in desirable Village 8. This condo comes completely furnished and is in move-in condition. Serene views from the glass-enclosed porch was recently redone. The air conditioner and roof were replaced in 2009. Community laundry plus an extra storage room are just steps away from your door. Complex amenities include clubhouse, pool, shuffleboard and many enjoyable activities to meet the neighbors. 55+ Community Close to shopping and beaches.

Search all Cedar Pointe Condos for Sale in Stuart Florida
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Another Cedar Pointe Condo Sold by the Gabe Sanders Real Estate Team

Price Reduced on Rocky Point Condo with 40 Foot Deeded Boat Dock

04.03.12 by

Price Reduced on Rocky Point Condo with 40 Foot Deeded Boat Dock

Port Manatee Condo in Rocky Point

Now reduced to $199,000

Port Manatee Condos in Rocky Point FL
Port Manatee Condos in Rocky Point FL

Looking for a full time home or just a getaway? Are you a boater or fisherman? This is the perfect place for you. Spacious first floor, 2 BR, 2 BA condo in the Manatee Pocket with a deeded 40′ dock (water and electric). Only minutes to the crystal clea r waters of the Atlantic Ocean to fish, or to take a quick trip over to the Bahamas. This condo features reasonable fees, spacious grounds with a large community pool overlooking ‘the pocket’, and a free laundry room. Freshly painted and brand new carpe ts. Light and bright Florida room with water views. One small pet (under 25 lbs.) allowed. Great location, only minutes to the beaches, shopping restaurants and all the amenities that Martin County has to offer. Call for more information.

Port Manatee Condos in Rocky Point FL

More Information and Pictures for this Rocky Point Condo with Deeded Dock

Search for all Condos in Rocky Point, Stuart

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Rocky Point Florida Real Estate is presented by:
the Gabe Sanders real estate team

Price Reduced on Rocky Point Condo with 40 Foot Deeded Boat Dock

Martin County Florida Condo Market Report for February 2012

03.27.12 by

Martin County Florida Condo Market Report for February 2012

Commentary:

Much like the residential segment of the Martin County real estate market, the Martin County Florida Condo Market Report for February 2012 showed modest increases for February of 2012. Sales for February were a respectable 57 units, up by 3 from February of 2011 (54 units) and also up from January which had 37 sales. On a negative note, the median sales price took a dive to $85,000.  This is most likely a reflection of the mix of condos that sold in February as opposed to a big drop in values.  More of the lower priced mainland condos were the ones that drove down the median price.

The inventory continues to decline and is now down to 640 condos, which is down from 664 units last month and from 772 condos in February of 2011.  This is the lowest inventory since November of 2005 which was prior to the ‘bubble’.  A decreased inventory will trigger an increase in demand as the supply of existing units just isn’t available increasing the urgency for buyers.

The one month absorption rate is now at 11.23 months, while the three month average is at 13.54 months.  Considerably better than the 14.3 and 15.51 months of February 2011. We still need to see the absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

The big uncertainty that remains is the economy. We believe that if we have any sustained good news, we will see a pretty good rush on the market which will be a nice change from the present. For the longer term, even though we have the best mortgage rates in history at the moment, inflation is making news and this is not good for rates down the line. The Fed is working hard to keep rates down, but for how long, we’re just not to sure.

Our outlook for Martin County is fairly positive as for buyers, prices and rates remain very attractive. For sellers, it doesn’t look like we’re going to see any significant improvements soon, so if you need to sell, you may be better off now than possibly in the near future.

Click on the individual charts to see charts in expanded mode.

Martin County Florida Condo Market Report for February 2012

the Gabe Sanders real estate team

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

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Martin County Florida Residential Market Report for February 2012

03.27.12 by

Martin County Florida Residential Market Report for February 2012

Commentary:

The Martin County Florida residential market report for February 2012 showed excellent results. The sales volume of 116 homes was the exact same as last year and up by 18 homes from January (98). The one month absorption rate was down to 11.85 months while the three month moving average is at 11.31 months. Activity remains high and I expect some fairly respectable numbers for the coming months.

Both average and median sales prices were up from January.  In fact, average sales prices have risen for the last two months.  Along with this trend, listing prices are also inching up, and have been rising for the past six months.  The inventory declined to 1375 residential units.  This is the lowest value since October of 2005, before the ‘bubble’.  The reduction of inventory is what is exerting strong pressure on possible price increases.  While a continuing trickle of distressed properties (short sales and foreclosures) are counteracting the upward price pressure.

Our outlook for Martin County remains optimistic as prices and rates remain at historic low levels. For sellers, homes are selling, and if priced and presented optimally, they are going quickly. Buyers are seeing historically low interest rates and very affordable quality homes in almost all price ranges.

Please feel free to contact us if you have any difficulty interpreting these charts.

Click on the individual charts to see charts in expanded mode.

Residential Market Report for February 2012 in Martin County, Florida

the Gabe Sanders real estate team

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

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2012

03.26.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2012

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2012

For February 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 32 active condo listings. (Unchanged from last January)

4 Condo sales are pending and awaiting close or lender approval. (Up 1 from January)

  1 Condo Sale closed in February (Down 4 from January)

The Hobe Sound condo market (Zip Code 33455) is a tiny segment of both Hobe Sound real estate as well as the smallest condo market on the Treasure Coast. February showed very little change from previous months, with only 1 sale closed. With such a low inventory, I don’t expect to see any great movement in this segment of the Treasure Coast Florida condo market. Last February’s numbers were 48 active listings, 12 pending sales and 3 closed sales.

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2012

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2012

03.24.12 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2012

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2012

For February 2012 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the January Market Snapshot data was unavailable)

There are currently 68 active listings. (Down 2 from January)

21 Condo sales are pending and awaiting close or lender approval. (Up 5 condos from January)

2 Condo Sold (A decrease of 5 condos from January)

The Jensen Beach Condo market (zip code 34957) for Martin County is a fairly small segment of the market.  It maintains a good active market however with a low inventory and fairly good pending data.  Closed sales were down last month, but should be improving for the remainder of the season.  Last February there were 59 active listings, 21 pending sales and 5 closed sales. Basically unchanged over the year.

Search here for Jensen Beach Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

03.20.12 by

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2012

For February 2012 in the 34990 Zip Code area of Palm City, Florida :

There are currently 71 active condo listings. (Up 3 from January)

1 Condo sales are pending and awaiting close or lender approval. (Down 5 from last month)

5 Condos Sold in February. (Up 2 from January)

The 34990 zip code area of the Palm City condo market is a fairly small section of this area as most property in Palm City is either single-family homes or townhomes. With only 71 currently active listings, it is not a very large market. Last year at this time there were 71 active listings, 9 pending sales, and 3 closed sales as compared to this year’s 1 and 5 respectively. The condo market remains significantly more sluggish compared to the single-family residential market. We are seeing a new normal being established for this smaller segment of the Martin County real estate market.

Search here for Palm City Florida Real Estate for Sale ( Condos)

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2012

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

03.19.12 by

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2012

For February 2012 in the 34990 Zip Code area of Palm City Florida :

There are currently 482 active listings (Increase of 8 homes from January)

176 Residential sales are pending and awaiting close or lender approval. (An increae of 15 homes from last month)

49 Homes Sold in February (Increased 17 homes from January)

For the Palm City, zip code 34990, area of Martin County Florida, another positive month in terms of closed sales and future pending sales.  Inventory crept up by a small number, but sales activity remains strong in Palm City residential real estate. Comparing these numbers to February of 2011, when there were 570 active listings, 144 pending sales and 46 homes sold, very similar numbers with a significantly smaller inventory.

Search here for Palm City Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2012

Rocky Point Condo with 40 Foot Deeded Boat Dock

03.19.12 by

Rocky Point Condo with 40 Foot Deeded Boat Dock

Port Manatee Condo
Rocky Point

Looking for a full-time home or just a getaway? Are you a boater or fisherman? This is the perfect place for you. Spacious first floor, 2 BR, 2 BA condo in the Manatee Pocket with a deeded 40′ dock (water and electric). Only minutes to the crystal clear r waters of the Atlantic Ocean to fish, or to take a quick trip over to the Bahamas. This condo features reasonable fees, spacious grounds with a large community pool overlooking ‘the pocket’, and a free laundry room. Freshly painted and brand new carpets. Light and bright Florida room with water views. One small pet (under 25 lbs.) is allowed. Great location, only minutes to the beaches, shopping restaurants, and all the amenities that Martin County has to offer. Call for more information.

Search for all Condos in Rocky Point, Stuart

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Rocky Point Florida Real Estate is presented by:
the Gabe Sanders real estate team

Rocky Point Condo with 40 Foot Deeded Boat Dock

Beautiful Ocean House Condo on Hutchinson Island has been Sold

03.18.12 by

Beautiful Ocean House Condo on Hutchinson Island has been Sold

579 NE Plantation Drive, Suite S-108
Stuart, Florida 34996

Welcome the lucky new owners and congratulate the happy sellers of this Ocean House Condo in Indian River Plantation on Hutchinson Island in Stuart.  Just sold for $340,000.  The Gabe Sanders real estate team represented the sellers.

Enjoy resort-style living at its finest in this immaculately maintained Ocean House condo in Indian River Plantation on Hutchinson Island in Stuart. This fully furnished 2 bedroom, 2 bath unit is located on the first floor, three levels up, with two covered parking decks under the building. Spacious living area with balcony overlooking the ocean and pool areas of Ocean House. There’s a newly renovated clubhouse with a fully equipped kitchen, WIFI, BBQ areas, private beach access, and bicycle and personal storage areas. Very reasonable memberships are available to enjoy all amenities of the Marriott Resort at Indian River Plantation including golf, tennis, boating, beachfront tiki bar, pool with sidebar and fine dining at the Marriott Resort.

Search here for:

Hutchinson Island Condos For Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart, Florida Real Estate presented for your consideration by:
the Gabe Sanders real estate team

Beautiful Ocean House Condo on Hutchinson Island has been Sold

Sewalls Point Market Report – Residential, February 2012

03.09.12 by

Sewalls Point Market Report – Residential, February 2012

Sewalls Point Real Estate Snapshot, Residential Sales for February 2012

There are currently 66 active listings (an increase of 7 home for sale from January)

9 Residential sales are pending and awaiting close or lender approval (An decrease of 2 from January)

3 Homes sold in January (Unchanged from January)

Continuing slow results for the Sewalls Point market report.  Inventory has gone up to 66 homes while sales remained slow at 3 closed homes and pending sales were also off from the past couple of months.  This compared to other parts of martin County which had some fairly strong results.  The Sewalls Point price point remains high for many of today’s buyers and this is possibly what is causing the slow activity at present.

Comparing the results to February of 2011, the inventory is down from 69 homes, pending sales were 12 last year and no homes sold.  So while it wasn’t a particularly good month this year, still somewhat better than last year.

Search here for Sewalls Point Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Sewalls Point Market Report – Residential, February 2012

Danforth in Palm City Florida

03.06.12 by

Danforth in Palm City Florida

Danforth in Palm City Florida is a wonderful family subdivision with 335 homes of many sizes and shapes with a true neighborhood feel.  Very well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle School.  Both of these schools are top-rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a fantastic private feeling. Yet, this community is within a mile of the new Publix and close to restaurants and medical facilities.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or make a short trip to West Palm Beach or other points just North or South.

Currently, the following homes are for sale in Danforth in Palm City Florida

Palm City Florida Real Estate presented for your consideration by:
the Gabe Sanders real estate team

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Danforth in Palm City Florida

Just Listed Waterfront Pool Home in Palm City Florida

03.04.12 by

Just Listed Waterfront Pool Home in Palm City Florida

1645 SW Mapp Road

Waterfront Pool Home in Palm City Florida

A rare gem in beautiful Palm City.  Situated on a secluded and private 1/2 acre +, lushly landscaped lot, is this like a new 4 BR, 3 BA, Screened pool home with private dock and lift (4,500 LB – but supports will accommodate larger).  This 1998 Mercedes Eileen Isle model has been maintained in pristine condition, with a gourmet kitchen featuring new Shirestone counters, newer appliances, newer high-efficiency AC, and a resurfaced gas-heated pool with a gas-heated screened pool with spa all with a view of the length of the canal to the Saint Lucie River.  No neighbors in sight from this private setting.  Yet close to Martin County’s ‘A’ rated schools, shopping, beaches, and downtown Stuart.  Only minutes to the blue waters of the Atlantic ocean.  An exceptional opportunity.

More Information and Pictures for this Palm City Florida Home for Sale

Search for all Palm City Waterfront Homes

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Palm City Florida Real Estate is presented by:
the Gabe Sanders real estate team

Just Listed Waterfront Pool Home in Palm City Florida

Ocean House Condo in Indian River Plantation – Open House

03.03.12 by

Ocean House Condo in Indian River Plantation – Open House

Join us Sunday, March 4, from 1 p.m to 4 p.m. to view this wonderful opportunity on Hutchinson island at the Marriott resort in Indian River Plantation

579 NE Plantation Drive, Suite S-108
Stuart, Florida 34996

Enjoy resort-style living at it’s finest in this immaculately maintained Ocean House condo in Indian River Plantation on Hutchinson Island in Stuart. This fully furnished 2 bedroom, 2 bath unit is located on the first floor which is actually three levels up with two covered parking decks under the building. Spacious living area with balcony overlooking the ocean and pool areas of Ocean House. There’s a newly renovated clubhouse with a fully equipped kitchen, WIFI, BBQ areas, private beach access, and bicycle and personal storage areas. Very reasonable memberships are available to enjoy all amenities of the Marriott Resort at Indian River Plantation including golf, tennis, boating, beachfront tiki bar, pool with sidebar and fine dining at the Marriott Resort.

Search here for:

Hutchinson Island Condos For Sale

Stuart, Florida Real Estate presented for your consideration by:
the Gabe Sanders real estate team

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Ocean House Condo in Indian River Plantation – Open House

Spacious, Newer Harbour Pointe Lakeside Home in Palm City, Florida – Open House

03.02.12 by

Spacious, Newer Harbour Pointe Lakeside Home in Palm City, Florida – Open House

Join us on Sunday March 4 from 1 to 4 p.m. to see this exceptional home in Harbour Pointe, Palm City, Florida!

Spacious master suite upstairs with a connecting junior suite that can be a nursery, office, or a 5th bedroom. Two additional bedrooms on the 2’nd floor (one oversized – and possibly split into 2 for a 6th BR). The utility room is conveniently located upstairs. Modern kitchen with breakfast bar and dining nook overlooking the screened lanai with hot tub (stays) with serene lake views. 8′ doors throughout. Low HOA fees. An oversized garage can accommodate large vehicles or possibly a boat. It is conveniently located close to schools, public boat ramps, shopping and the turnpike.

ABOUT HARBOUR POINTE:

Harbour Pointe is located in gorgeous Palm City. This gated community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County! Residents enjoy preserve and lake views in spacious custom-designed homes. Harbour Pointe is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A-rated schools of Martin County. Close to shopping, restaurants as well as the beaches of Martin County as well as Harbor Pointe’s proximity to i-95 and Florida’s Turnpike makes it a commuters dream!

Search for Harbour Pointe Homes for Sale in Palm City Florida Real Estate
Palm City Florida Real Estate
is presented by:

the Gabe Sanders real estate team

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Spacious, Newer Harbour Pointe Lakeside Home in Palm City, Florida – Open House

Martin County Florida Condo Market Report for January 2012

02.26.12 by

Martin County Florida Condo Market Report for January 2012

Commentary:

Much like the residential segment of the Martin County real estate market, the Martin County Florida Condo Market Report for January 2012 retreated for the first month of 2012.  Sales for January were an anemic 37 units, down from January of 2011 (42 units)  and also off from December which had 52 sales.  On a positive note, the median sales price was at it’s highest level in over a year.  Unfortunately, I don’t believe that this represents a rise in prices, but rather the mix of types of units that have sold.  There is still too much inventory in some segments to sustain a continued rise in prices, though we are reaching very near the bottom of the market, if we haven’t already passed it.

The inventory is now down to 664 condos, which is down from 673 last month and from 774 in January of 2011.  A decreased inventory generally will trigger an increase in demand as the supply of existing units just isn’t available increasing the urgency for buyers.

Unfortunately the absorption rate remains troubling on the higher end, with January’s one month value of almost 18 months and the three month moving average is now up to 16.2 months. said another way, it’s averaging well over a year for the average condo to sell in Martin County, Florida.  We need to get the absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

The big uncertainty that remains is the economy. We believe that if we have any sustained good news, we will see a pretty good rush on the market which will be a nice change from the present. For the longer term, even though we have the best mortgage rates in history at the moment, inflation is making news and this is not good for rates down the line. The Fed is working hard to keep rates down, but for how long, we’re just not to sure.

Our outlook for Martin County is fairly positive as for buyers, prices and rates remain very attractive. For sellers, it doesn’t look like we’re going to see any significant improvements soon, so if you need to sell, you may be better off now than possibly in the near future.

Click on the individual charts to see charts in expanded mode.

Martin County Florida Condo Market Report for January 2012

the Gabe Sanders real estate team

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

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Martin County Florida Residential Market Report for January 2012

02.26.12 by

Martin County Florida Residential Market Report for January 2012

Commentary:

The Martin County Florida residential market report for January 2012 starts the year on a slow note. Sales volume (98 units) was up as compared to last year (85) but considerably down from December (160). The one-month absorption rate shot up to14.5 months while the three-month moving average is at a more respectable 10.7 months.  Activity does appear to be high though and I expect that the January numbers reflect slow closings from the slow holiday season (as closings tend to lag from one to three months after the contracts are agreed upon.

The average sales price was up slightly from last year, while the median price was down.   Prices seem to be holding pretty steady at this time in most segments of the market and quality homes that are priced well are selling quickly.  The inventory remained stable (up only by two homes).

Our outlook for Martin County remains optimistic as prices and rates remain at historic low levels. For sellers, homes are selling, and if priced and presented optimally, they are going quickly. Buyers are seeing historically low-interest rates and very affordable quality homes in almost all price ranges.

Please feel free to contact us if you have any difficulty interpreting these charts.

Click on the individual charts to see charts in expanded mode.

Data compiled from the Realtor Association of Martin County

Residential Market Report for January 2012 in Martin County, Florida

the Gabe Sanders real estate team

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

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, January 2012

02.24.12 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, January 2012

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2012

For January 2012 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 359 active listings. ( An increase of 29 homes from December)

78 Residential sales are pending and awaiting close or lender approval (An increase of 20 homes from December)

22 Homes Sold in January (A decrease of 6 homes from last month)

The Hobe Sound real estate market (ZIP Code 33455) had a fairly dramatic rise in inventory for January.  The good news is that activity was up as pending sales also rose significantly.  There was a fairly small drop in closed sales.
Compared to last January, we had 388 active listings, 57 pending sales, and 18 closed sales.  Fairly close to last year’s figures, but all this with less inventory.

Provided we don’t see a drastic increase in distressed properties (short sales and bank-owned foreclosures), we should be in line for a good performance from the Hobe Sound real estate market in 2012.

Search here for Hobe Sound Florida Real Estate for Sale
For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, January 2012