Hobe Sound FL 33455 Residential Market Report July 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2016

For July 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 192 active listings. (Down by 1 homes from June)

83 Residential sales are pending and awaiting close (Down by 17 homes from June)

46 Homes Sold in July (Down by 8 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly though signs of reduced activity are showing up as the inventory increases and pending sales decrease.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.2 months (3.6 months in June). Still a sellers market for Hobe Sound residential sales. 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 2015 were: 163 active listings, 90 pending sales and 55 closed sales. Better activity last year with less inventory to work with. A somewhat slower market for Hobe Sound this year compared with last year.

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Hobe Sound FL 33455 Residential Market Report July 2016

Jensen Beach FL 34957 Condo Market Report July 2016

08.21.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2016

For July 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 112 active listings. (Increased by 90 condos from June)

46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)

27 Condos Sold (Up by 24 condos from June)

For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.

The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed. We had a change in reporting datsa and we are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid.

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Jensen Beach FL 34957 Condo Market Report July 2016

Vista Pines Condo EE-11 Under Contract

08.18.16 by Gabe Sanders

Vista Pines Condo EE-11 Under Contract

Listed for $47,925 Unit E-11 in Vista Pines is under contract with a buyer introduced to this property by the Gabe Sanders Stuart Florida Realty Team.

An immaculate condo in the highly sought after condo community of Vista Pines. This is a 2’nd floor 1 bedroom, 1 bathroom condo has been recently updated and is within easy walking distance to shops, restaurants and medical facilities.

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island. Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

Vista Pines condos were first built in 1970 and the last one was completed in 1973. All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units. Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units. Buildings are situated to maximize privacy and for serene views of green space.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts. No pets are permitted in Vista Pines and this is an age restricted (55+) community. The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

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TownPark Home in Tradition Under Contract

08.13.16 by Gabe Sanders

TownPark Home in Tradition Under Contract

Like new homes in the desirable TownPark community of Tradition in Port Saint Lucie is now under contract. This home located at 11715 SW Bennington Circle was listed for $262,000. Gabe Sanders will be representing the buyer of this home.

Living is easy in this beautiful Gulfstream model located in desirable TownPark community. With 2 bedrooms, 2 baths plus den open floor plan you will enjoy this perfect home for relaxing and entertaining. The minute you walk in you feel as the designer just left and you are there to enjoy all the beauty. Foyer invites you with its airy feeling and sleek light fixture. Living room/formal dining makes you just want to sit there and admire its crisp contemporary style. Recessed lighting makes it bright and comfortable. Family room is perfect for entertaining as you can prepare meals in your stylish and modern kitchen while conversing with family or friends. All GE stainless steel appliances, thick granite counter tops, wooden cabinets and oversized pantry complete this functional space.

Beautiful 18×18 porcelain floor tile makes the living area calm and cool. Breakfast corner is spacious enough to provide your guests with lots of comfort. Large sliders overlook beautifully landscaped yard with robelina and tiger tail palms that will provide lots of privacy. The covered paved patio creates your own little oasis to enjoy the warm Florida evenings.

The master bedroom is simply a retreat with its coffered ceiling, neutral colors and beautiful window treatments. New Avila laminate flooring just adds to this stunning look. Keep going past the two large walk-in closets and take a peek at the master bath with its huge glass shower, dual sinks and beautiful tile. Den has large double doors, gorgeous laminate flooring, beautifully toned colors and it can serve as an office or a third bedroom if desired. It is next to the 2nd bath and the guest bedroom which rest assured your guests will appreciate with its beautiful laminate floor, earth colors, stunning window treatments and ample closet space. The laundry room comes complete with GE Profile front load washer and dryer along with plenty of shelf and closet space. The two car garage has abundant storage and attic space.

This home is perfect for full time living or a vacation spot. Ideally positioned within walking distance to great amenities (clubhouse, exercise room, pool, tennis courts, basketball court etc.) of TownPark and close proximity to the shopping center, restaurants, schools and entertainment.

For more information about Tradition and/or TownPark real estate, please call Gabe Sanders at 772-323-6996.

TownPark Home in Tradition Under Contract

Hobe Sound Four Bedroom Home Under Contract

08.12.16 by Gabe Sanders

Hobe Sound Four Bedroom Home Under Contract

A wonderful opportunity for the family or individuals looking for an affordable four bedroom home in Hobe Sound. This home is now under contract and was last listed at the very attractive price of $235,000.

Older but solid CBS home in a well established Hobe Sound neighborhood. 3 bedroom, 2 bath home plus garage which has been converted into 4th bedroom. The 4th bedroom could possibly be a mother-in-law suite with separate entrance. Enter home into a large foyer area that opens to a spacious living room with a wood burning fireplace. Plenty of room in the kitchen for several cooks which is open to a formal dining area. Large fenced back yard with shed. Great family home with lots of room. Updated windows, hurricane shutters and a full home automatic backup generator come with this home. Very well located close to shopping, beaches as well as Jupiter and Stuart FL.

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Call the Gabe Sanders BlueWater Realty Team for professional and expert real estate assistance and advice for all your residential real estate needs on Florida’s Treasure Coast.

Hobe Sound Four Bedroom Home Under Contract

Hobe Sound FL 33455 Condo Market Report June 2016

07.23.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2016

For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Down by 1 condos from May)

6 Condos are pending and awaiting close. (Down by 1 condos from May)

3 Condos sold in June. (Up by 3 from last month)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For June, 2016 the absorption rate is 1.3 months which is what it was back in April (with no sales reported in May, there was no absorption rate for that month). 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 on percentages that June 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 2015 numbers were: 9 active listings, 2 pending sales and 6 closed sales. Better closed activity for last year, but this was with over twice as many active condos for sale. Inventory, or lack of, is playing a major obstacle in the Hobe Sound condo market.

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Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2016

Hobe Sound FL 33455 Residential Market Report June 2016

07.22.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report June 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2016

For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 193 active listings. (Down by 20 homes from May)

100 Residential sales are pending and awaiting close (Up by 10 homes from May)

54 Homes Sold in June (Up by 2 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly even as the inventory declined for this month, though still greater than last year.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 3.6 months (4.1 months in May). Continuing in the trend for all of Martin County as a sellers 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 June 2015 were: 150 active listings, 119 pending sales and 61 closed sales. Interestingly for Hobe Sound the inventory is up from last year while volume of sales and pending sales is still lower. Though, this is still an active market, just not as super heated as last year.