The Preserve Real Estate Market Report February 2024
For February 2024, there are 4 homes on the market in the Preserve of Hobe Sound. The list prices range from $524,900 up to $550,000. This equals an average list price of $533,225 which is $264.37 per sq. ft. of living area.
There are 2 Preserve homes currently under contract. The list prices were $519,000 and $525,000. This is an average list price of $522,000 or $258.80 per sq. ft. of living area. These homes were on the market for an average of 81 days before going under contract.
In the past 12 months, 11 homes have sold in the Preserve. Sales prices ranged from $464,350 up to $565,000. This works out to an average sales price of $526,686 which equals $261.12 per sq. ft. of living area. These homes averaged 61 days on the market before going under contract. And, they sold for an average of 98% of the list price.
Click here to view the previous Preserve market report!
About The Preserve of Hobe Sound:
The Preserve of Hobe Sound is a DiVosta-built community that was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two-car garage. The garages come in both front and side entrance varieties.
This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded residents.
This is a gated community with a very attractive waterfall lake entrance. Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course. All ages are welcome and up to two large pets are permitted. The community offers a heated pool, two tennis courts, and two bocce ball courts along with a small clubhouse. Low HOA covers landscaping (front of home) as well as the common areas, basic cable TV, management fees, and trash pickup.
Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.
This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.
There are also excellent medical facilities close by as well as restaurants and shopping. A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.
Search here for any available Preserve Homes for Sale
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For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com
Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.
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