July 2016 Monthly Market Detail Florida Townhouses and Condos

July 2016 Monthly Market Detail Florida Townhouses and Condos

The July 2016 Monthly Market Detail Florida Townhouses and Condos showed continued weaker activity compared to last year.   Closed sales were down by 11.5% as compared to last months decrease of 2.6% and new sales under contract (new pending sales) decreased by 11.3% (In June there was a 7.6% decrease).

Prices have continued to rise, though for July this rate has slowed appreciably.  Median sales prices were up by 6.8% (was up by 8.6% in June), while the average sales price increased only by 0.4% (was down 3.1% in June).  With the increase in inventory, these price rises will continue to moderate and possibly even decrease slightly.

The inventory increased by 7.6% from July of last year.  For July 2016 we have 5.9 months of inventory (was 6.0 months in June) and compared to 5.3 for July 2015.  We are currently in a very slight sellers market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

July 2016 Monthly Market Detail Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
July 2016 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

July 2016 Monthly Market Detail Florida Townhouses and Condos

Mariner Sands August 2016 Market Report

Mariner Sands August 2016 Market Report

For late August 2016 there are 45 properties for sale.  These 45 properties include a mix of condos and homes.  The list prices range from $165,000 up to $1,499,000 for an average list price of $427,338 which works out to $160.14 per sq. ft. of living area.

There are two homes under contract (pending) which have not completed the sales process to date.  List prices were $540,000 and $624,900 for an average of $582,450 or $175.33 per sq. ft. of living area.  These two homes averaged 91 days on market prior to going under contract.

In the past 12 months, 27 homes and condos have sold.  Sales prices ranged from $185,000 up to $705,000 for an average sales price of $376,929 which equals $136.64 per sq. ft. of living area.  These homes averaged 120 days on the market before going pending and sold on average at 92% of the last listed price.

About Mariner Sands

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics as well as tournaments keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has it’s own chapel. It has multi-denominational worship services and is host to art classes, a library and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

There is currently a one time capitol contribution of $20,000 for all new home or condo buyers in Mariner Sands.  Monthly HOA fees vary greatly depending on location and type of property from just over $350 a month to $1260 a month.

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Mariner Sands August 2016 Market Report

July 2016 Monthly Market Detail Florida Single Family Homes

July 2016 Monthly Market Detail Florida Single Family Homes

The July 2016 Monthly Market Detail Florida Single Family Homes had a reduced volume of sales when compared to last July, while prices continue to rise.  Closed sales were down by 8.0% (was up by 0.4% in June) and new sales under contract (new pending sales) were down by 9.6% (was down by 7.7% in June).

Both median and average sales prices continue to rise ( July 2015 to July 2016) by 11.6% and 8.0% respectively, compared to June’s 10.8% and 6.8%.  If the reduced volume of sales continue, I expect that these price rises will moderate considerably and possibly even retreat by next year at this time.

The inventory of available homes for sale fell by 3.3% from last year.  This is another trend that I think may reverse in the near future as more homes may come on the market while fewer sell.  For July there was only a 4.3 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (July of 2015 had a 4.4 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

July 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

July 2016 Monthly Market Detail Florida Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

July 2016 Monthly Market Detail Florida Single Family Homes

Gabe’s September 2016 HouseCalls Newsletter

Gabe’s September 2016 HouseCalls Newsletter

Click on the image below to view or download my September 2016 HouseCalls Newsletter:

Gabe's September 2016 HouseCalls Newsletter

Click here to download the full PDF of our September 2016 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Gabe’s September 2016 HouseCalls Newsletter

Mariner Village August 2016 Market Report

Mariner Village August 2016 Market Report

For August 2016, there are 9 homes for sale in the Mariner Village gated community of Stuart FL.  These homes range in asking prices from $309,900 to $345,000 with an average list price of $323,567 which equals $154.49 per sq. ft. of living area.

There are currently 2 homes with pending sales that have not closed to date.  These homes were listed for $262,000 and $310,000 or an average list price of $286,000 or $163.22 per sq. ft. of living area.  These two homes averaged 25 days on market before going under contract.

In the past 12 months, 15 homes have sold in Mariner Village.  Sales prices ranged from a low of $235,000 up to a high of $350,000 for an average sales price of $286,593 which works out to $141.69 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were actively on the market for an average of 60 days.

About Mariner Village

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedroom, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The HOA fees (as of August 2016) are $570 per quarter and include front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

lake in Mariner Village

Mariner village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Quarterly Market Report for St. Lucie County Townhouses and Condos

Quarterly Market Report for St. Lucie County Townhouses and Condos

2’nd Quarter 2016

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2’nd quarter of 2016.

St Lucie County Townhouse and Condo 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

The Food Truck Invasion Hits Jensen Beach

The Food Truck Invasion Hits Jensen Beach

jensen beach food truck invasion

Coming to Indian Riverside Park in Jensen Beach this Monday, August 29th is the food truck invasion.  This will be the inaugural event and is scheduled to repeat every fourth Monday of each month through February of 2017.  Begins at 5 pm and ends at 9:30 pm.  The address of Indian Riverside park is 1707 NE Indian River Drive, 34957.

Plan on some great eats with over 20 food trucks scheduled to be available.  Enjoy your dining experience in the park with picnic tables or bring your own blankets and chairs to dine on the lawn.

The current line up of trucks include (subject to change):

Best French Fries
Buenos Nachos
Buggy Bistro
Cheesezilla
Churrasco Grill
Dough Dough’s Donuts
Georgia Boy & Ethel’s Famous Wings
Good Eats See Food
Ice Cream Express
Jjack’s Grill
Meatheads BBQ
Munchie’s Snack Shack
Outside the Box
Parabas Grill
Smoke King BBQ
Think Greek
Veggie Love
Waffle Wagon

See you on Monday night and Bon Appatit!

The Food Truck Invasion Hits Jensen Beach

Quarterly Market Report for St. Lucie County Single Family Homes

Quarterly Market Report for St. Lucie County Single Family Homes

2’nd Quarter 2016

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 2’nd quarter of 2016.

St Lucie County Single Family 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Mariner Cay August 2016 Market Report

Mariner Cay August 2016 Market Report

There are 4 properties on the market in Mariner Cay.  3 homes and one condo.  List prices range from $269,000 up to $2,699,999 for an average list price of $1,379,500 or $375.40 per sq. ft. of living area.

Two properties are under contract (pending).  One condo and one home.  List prices are $425,000 and $650,000 for an average list price of $537,500 which equals $190.53 per sq. ft. of living area.  These two properties averaged 293 days on market before accepting their current offer.

In the past 12 months, 10 properties have sold in Mariner Cay.  9 were condos and only one home.  Sales prices ranged from $200,000 up to $720,000 for an average sales price of $317,450 which works out to $176.91 per sq. ft. of living area.  These homes and condos averaged 279 days on market before going under contract and sold for an average of 95% of the last listed price.

About the Mariner Cay Community

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activitiesand other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance form St. Lucie Inlet and the cross-roads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60 mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that  accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High Speed Internet and 24/7 Wi-Fi.

With a marina like this it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

Mariner Cay August 2016 Market Report

Quarterly Market Report for Martin County Townhouses and Condos

Quarterly Market Report for Martin County Townhouses and Condos

2’nd Quarter 2016

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 2’nd quarter of 2016.

Martin County Townhouse and Condo 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Pipers Landing August 2016 Market Report

Pipers Landing August 2016 Market Report

Pipers Landing in Palm City FL

There are currently 30 active listings for sale in Pipers Landing.  List prices for these homes range from $54,500 to $500,000 for an average list price of $223,580 which equals $83.46 per sq. ft. of living area.

As of this time there are 3 homes under contract which haven’t closed to date.  List prices for these properties ranged from $99,900 to $190,000 for an average of $136,633 which is $57.83 per sq. ft. of living area.  These three homes averaged 557 days on market before going under contract.

In the past 12 months 22 homes have sold in Pipers Landing.  The sales prices ranged from a low of $25,000 up to $560,000.  The average sales price was $210,343 or $65.34 per sq. ft. of living area.  These sold listings averaged 173 days on the market before going under contract and sold at an average of 74% of the list price.

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

This is an equity golf course community (membership is mandatory).  Championship Joe lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

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Palm City Real Estate is presented by:
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Pipers Landing August 2016 Market Report

Quarterly Market Report for Martin County Single Family Homes

Quarterly Market Report for Martin County Single Family Homes

2’nd Quarter 2016

Click the image below to view the full details of the Martin County single family homes market report data as reported by Martin County Realtor for the 2’nd quarter of 2016.

Martin County Single Family 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Lakeside Condos Indian River Plantation August 2016 Market Report

Lakeside Condos Indian River Plantation August 2016 Market Report

For August 2016, there are 3 active active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $239,900 to $295,000 for an average list price of $261,300 which works out to $248.13 per sq. ft. of living area.

There are 2 condos under contract and awaiting settlement.  These condos were listed for $169,000 and $230,000 for an average of $199,500 or $273.51 per sq. ft. of living area,  These two condos averaged 38 days on the market before going under contract.

In the past 12 months, 4 condos have sold in Lakeside with sales prices ranging from $159,0000 to $255,000 for an average sales price of $218,000 which is $225.35 per sq. ft. of living area.  These condos sold for an average of 96% of the list price and in an average of 60 days on market (before going under contract).

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area.  This is a pet friendly complex that will allow up to two large pets.  At the time of this writing the condo association fees were $375.00 a month.

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Additional Indian River Plantation Condos you may wish to consider: 
Bayview  Beachwalk  Dunes Club  Fairway Villas  Inlet Village  Ocean House  Ocean Terrace  Plantation Club Villas  Plantation House  Resort Villas  River Village  Riverbend  Riverwood  Tennis Villas

Lakeside Condos Indian River Plantation August 2016 Market Report

Florida Townhouses and Condos 2016 2’nd Quarter Report

Quarterly Market Report for Florida Townhouses and Condos

2’nd Quarter 2016

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 2’nd quarter of 2016.

Florida Townhouse and Condo 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Windstone Palm City August 2016 Market Report

Windstone Palm City August 2016 Market Report

Windstone real estate in Palm City FL

As of August, 2016:

There are currently 4 active listings for sale in Windstone.  List prices for these homes range from $485,500 to $1,025,000 for an average list price of $678,850 which equals $222.03 per sq. ft. of living area.

As of this time there are no homes under contract and awaiting sale in Windstone.

In the past 12 months 4 homes have sold in Windstone.  The sales prices ranged from $485,000 to $627,500.  The average sales price was $578,750 or $154.08 per sq. ft. of living area.  These sold listings averaged 181 days on the market before going under contract and sold for 97% of the list price.

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2016 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Larger lot sizes of half acre and more in these newer homes are the rule.  The neighborhood itself is very un-crowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2016 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone Palm City August 2016 Market Report is within close range to “A” rated school, I-95 and Florida’s turnpike making this a great place for locals or commuters to call home!

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Windstone Palm City August 2016 Market Report

Florida Single Family Homes 2016 2’nd Quarter Report

Quarterly Market Report for Florida Single Family Homes

2’nd Quarter 2016

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd quarter of 2016.

Florida Single Family 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Kingswood Condo August 2016 Market Report

Kingswood Condo August 2016 Market Report

August 2016 Market Update:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from$55,000 to $107,900 for an average list price of $82,533 which equals $75.74 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $89,0000 and $99,900 for an average list price for these pending sales of $94,450 or $89.13 per sq. ft. of living area.  These two condos averaged 49 days on the market before going under contract.

23 condos have sold in the past 12 months.  Ranging in sales price from $47,500 to $103,000.  The average sales price was $73,243 which comes out to $67.92 per sq. ft. of living area.  These condos sold on average of 92 days on market days with sales prices at 92% of list price.

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Search here for all available Kingswood Condos for Sale

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Kingswood Condo August 2016 Market Report

Hobe Sound FL 33455 Condo Market Report July 2016

Hobe Sound FL 33455 Condo Market Report July 2016

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

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

There are currently 3 active condo listings. (Down by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2016

6 Condos are pending and awaiting close. (Unchanged in pending condos from June)

Hobe Sound FL 33455 Condo Market Report July 2016

3 Condos sold in July. (The same number of closed sales from June)

Hobe Sound FL 33455 Condo Market Report July 2016

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 July, 2016 the absorption rate is 1 month (it was 1.3 months in 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 on percentages that July 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 2015 numbers were: 3 active listings, 6 pending sales and 1 closed sales.  Very similar numbers to last year with better closed sales for 2016..

Hobe Sound FL 33455 Condo Market Report July 2016

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Hobe Sound FL 33455 Condo Market Report July 2016

Tres Belle August 2016 Market Report

Tres Belle August 2016 Market Report

There are 6 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $599,900 to $898,900 for an average list price of $708,467 which works out to $201.34 per sq. ft. of living area.  A number of these homes are new construction from Kolter Homes.  If interested in new construction, please ask about our new home buyer rebate program.

There is currently 1 home under contract that was listed for $774,900 or $254.57 per sq. ft. of living area.  This home was on the market for 71 days before going under contract.

12 homes have sold in the past 12 months.  Sales prices ranged from $549,900 to $899,900.  The average sales price was $664,517 which comes out to $191.12 per sq. ft. of living area.  These homes sold on average of 118 days with sales prices at 98% of list price.

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2016).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle Stuart Florida real estate

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

pool 1 Tres Belle Stuart Florida real estate

For boaters, there are an abundance of  waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV.  This is a pet friendly community.

Search here for all Stuart FL real estate

Tres Belle August 2016 Market Report

Hobe Sound FL 33455 Residential Market Report July 2016

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)

Hobe Sound FL 33455 Residential Market Report July 2016

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

Hobe Sound FL 33455 Residential Market Report July 2016

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

Hobe Sound FL 33455 Residential Market Report July 2016

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.

Hobe Sound FL 33455 Residential Market Report July 2016

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Hobe Sound FL 33455 Residential Market Report July 2016