The Arbors in Hobe Sound May 2015 Market Report
There are only 2 active listings for homes for sale in The Arbors as of May 2015. List prices are $327,900 and $425,000 for an average of $376,450 which equals $185.77 per sq. ft. of living area.
There are three homes under contract which have not completed the sales process. Listing prices were from $365,000 to $457,000 for an average of $409,000 or $185.00 per sq. ft. of living area.
In the past 12 months, 8 homes have sold in the Arbors. Sales prices ranged from $294,900 to $570,000 for an average sales price of $438,987 which equals $172.oo per s. ft. of living area. These sales averaged at 95% of the listed price.
In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors. This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments. In addition to the two serene lakes the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna. Residents of the Arbors enjoy seeing endangered srub jays and gopher tortoises as well as pairs of sandhill cranes. To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land. Great for a morning walk or excellent exercise for those that wish to go for a run or jog.
All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County. Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting. The Arbors is less than an hour away from Palm Beach International Airport and just about equi-distant from Miami and Orlando, both only two hours by car.
The Arbors is a wonderful place to call home.
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