Hobe Sound, FL Real Estate News

By Tom Priester, Paradise Sharks
(Paradise Sharks )
Hobe Sound Home Sales Jump 38% in October Still trying to catch up after a well deserved vacation and a return to a south Florida real estate market that is hot, hot, hot. While I quit reading the newspaper and listening to news on the TV I get more than enough from the internet and know how the talking heads report how bad everything is with the economy. Somebody forgot to tell home buyers how bad it is because they continue to spark the amazing rebound we have seen this year. Particularly strong is the single family home market and well priced waterfront properties but we are seeing strength everywhere. Watch for a big sale coming out of Martin County soon. During October our real estate sales power rankings ended up like this;       #1 Hobe Sound up 38%     #2 Tequesta up 36%     #3 ...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Hobe Sound Inventory Levels Down 4%Wow what a little havoc a well planned holiday can play. Working like crazy to ensure I took care of my clients before leaving the country on a little vacation then coming back to a real estate market that is on fire has put me behind on my blogs; way behind. With the Thanksgiving weekend upon us I knew the annual slowdown we experience this weekend would allow me to catch up and for that I am thankful!  Real estate sales throughout the north county area have had a strong showing for most of the year but we have seen some a little softening over the past couple months. In a little over a week we will be releasing the final November sales numbers and while it is still a bit too early for accuracy we will probably see those trends continue. Sales in the ...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound Florida Market Report ZIP Code 33455 –Condo, October 2011   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2011   For October, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :     There are currently 42 active condo listings. (Up 4 from last September)   3 Condo sales are pending and awaiting close or lender approval. (Down 3 from September)   2 Condos sold in October (Up from 0 sales in September)   The Hobe Sound condo market (Zip Code 33455) is a very small segment of both Hobe Sound real estate as well as the condo market on the Treasure Coast.  While inventory increased in October, it is still fairly low, but demand is also slack in this part of the local condo market.  With demand being so low, and high inventories in the surroundin...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound Florida Market Report ZIP Code 33455 –Residential, October 2011   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2011   For October, 2011 in the 33455 Zip Code area of Hobe Sound, Florida : There are currently 328 active listings. ( Down 20 from September) 59 Residential sales are pending and awaiting close or lender approval (Up 11 from September) 30 Homes Sold in October (An increase of 9 homes from last month)     The Hobe Sound real estate market (ZIP Code 33455) had a surprisingly strong October.  After a disappointing September, all of our indexes moved in a positive direction for a strong market. Inventory decreased, homes under contract increased and closed sales showed an increase as well.  We are expecting a bit of a slowdown as w...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
 Lost Lake in Hobe Sound Florida  18 holes of golf, a great club house, along with statuesque homes filling the beautifully landscaped streets, ideal views of open fields and small lakes in a peaceful neighborhood; Lost Lake could be your dream neighborhood in Hobe Sound. Located just west of US-1 in Martin County, Lost Lake sits in a peaceful area close to shopping in Hobe Sound, Stuart and only a few minutes further to Jupiter.  Lost Lake is located very close to the mariner’s destination known as Peck Lake, great for weekends out on the boat!  Just minutes to the beaches as well.  Lost Lake can be the location for your dream home tomorrow!Search for Lost Lakes Homes for Sale in Hobe Sound, FloridaSearch for Martin County real estateLost Lake in Hobe Sound FloridaRelated posts: The Oa...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Furnished Town Home in Heritage Ridge in Hobe Sound Florida – SOLD!Heritage Ridge residents are welcoming their happy new neighbors to this wonderful community in Hobe Sound, Florida More information and pictures are available for 7285 SE Concord Place. Wonderful opportunity to move right into a furnished town home in the Jamestown section of Heritage Ridge. A wonderful community that has a Fazio designed 18 hole golf course that is not mandatory to join. This spacious 2 bedroom two bathroom town home has an open kitchen with dining area and breakfast bar. Take advantage of the convenient community pool and tennis courts in this exceptionally clean and well maintained and landscaped community. Conveniently located close to the beaches as well as shopping. All ages are welcome. One small...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound Florida Market Report ZIP Code 33455 – Condo, September 2011   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2011   For September, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :     There are currently 38 active condo listings. (Down 4 from last August)   6 Condo sales are pending and awaiting close or lender approval. (Unchanged from August)       The Hobe Sound condo market is very small as cmpared to the condo market for the remainder of Martin County.  There were no sales of condos in September of 2011.  The inventory continued to decline and only 6 condos are presently under contract.    With the low inventory, this is one of the best seasons in quite some time for those that have a desire to sell their Hobe Sound condo.  While ...
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By Waterfront Properties
(Waterfront Properties & Club Communities)
Hobe Sound Homes peacefully sit along the Oceanside town in Martin County. Hobe Sound is located just north of Jupiter and south of Stuart with the ocean on one side and the Intracoastal Waterway on the other. Hobe Sound Real Estate includes waterfront homes with views of the ocean and winding Intracoastal, as well as charming single-family homes, condos and townhomes. Many of the communities in Hobe Sound include golf course homes. Amenities of Hobe Sound Real Estate Hobe Sound is a coastal town that has something to offer for everyone. Some of the amenities that come with owning Hobe Sound Real Estate include over 30 golf courses within 10 miles of Hobe Sound communities, the best in water sports and activities. By nighttime, residents can enjoy a walk down the private streets to loo...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Hobe Sound Florida Market Report ZIP Code 33455 – Residential, September 2011   Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2011   For September, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :     There are currently 348 active listings. ( Up 6 from August)   48 Residential sales are pending and awaiting close or lender approval (Down 6 from August)   21 Homes Sold in September (An decrease of 9 homes from last month)   The Hobe Sound real estate market (ZIP Code 33455) had a disappointing September.  All indexes reversed course and moved in the wrong direction, though not by significant numbers.  Inventory was up, and both pending and closed sales were down. This increase in inventory may also be attributable to many sellers trying to ...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Hobe Sound Pending Sales Increase for 1st Time in 6 Months   The local real estate market continues to chug on down the road towards another season and our northern friends can already be seen around town. Every time I drive by one of the clubs a truck is out front unloading cars. It will be interesting to see the impact they have on real estate sales in the upcoming months. One thing for sure is the market is constantly changing; this week interest rates were up considerably as were foreclosures for the second week in a row. Inventory levels remain very low and are no doubt having a negative impact on sales levels throughout the region. And today we get to take a deeper look into what has happened to pending sales levels in the north county area over the past 30 days.   Pending sales a...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Hobe Sound Single Family Home Sales Fall Again Another very interesting week on the front lines in the south Florida real estate market. Of note is a significant increase in foreclosures in Palm Beach County , the continuation of declining inventory levels and interest rates that remain at all time historical lows. We also say goodbye to Steve Jobs who made a bigger impact on our technological world than anyone; as I type this blog on my MacBook while listening to music on my iPod. We tend to see the market through our own eyes and thankfully I am as busy as ever and most interested in sitting down today to pull the final September sales figures and see where we stand. Last month our real estate sales power rankings ended up like this;       #1 Juno Beach     #2 Jupiter     #3 North Pal...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Buyers Looking for a Home Need Inventory Levels to IncreaseReal estate sales throughout the north county area have had a strong showing for most of the year but we have seen some a little softening over the past couple months. In a week or so we will be releasing the final September sales numbers and while it is still a bit too early for accuracy we will probably see those trends continue. Sales in the $1,000,000+ price ranges are showing strength, interest rates remain at record lows, and inventories as we have been reported continue to shrink. Interesting times indeed on the front lines of the Palm Beach County real estate market. Lower inventories and rising sales are a winning combination for upward price movement but that we have not experienced to date. The continued flow of forec...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for August 2011   For August, 2011 in the 33455 Zip Code area of Hobe Sound, Florida : (Due to technical difficulties the July Market Snapshot data was unavailable)   There are currently 42 active condo listings. (Up 1 from last June)   6 Condo sales are pending and awaiting close or lender approval. (Down 4 from June)   There were 3 sales. (Up 2 units from June)   The condo market for zip code 33455 in Hobe Sound is a fairly small market segment ans showed minimal changes this summer. This is actually fairly positive news as we typically see less activity for the summer and early fall months in the more seasonal driven condo segment of martin County real estate market. As long as we don’t have a flo...
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Hobe Sound waterfront homes for sale in Martin County, Florida consist of amazing oceanfront estates, lakefront residences, and canal front homes. Many of the Hobe Sound waterfront properties offer private docks, boat lifts, and easy access to the Atlantic Ocean via the Intracosatal Waterway. Hobe Sound real estate is comprised of luxury estates, custom homes, ranch homes, townhomes, and condominiums. Hobe Sound offers a small town feel and is nestled between Stuart and Jupiter, Florida.
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for August 2011 For August, 2011 in the 33455 Zip Code area of Hobe Sound, Florida : (August data is compared to June since there was a problem compiling July data)   There are currently 342 active listings. ( down 36 from June)   54 Residential sales are pending and awaiting close or lender approval (Down 18 from June)   30 Homes Sold in August (An decrease of 8 from June and the same for July – 30 homes sold)   Inventory levels for the Hobe Sound real estate market continue to decrease and are coming close to pre-bubble levels.  Unfortunately both sales and pending sales are off slightly.  With the latest poor economic news as well as a seeming political deadlock in Washington, consumer confid...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
    Pending Home Sales in Hobe Sound Drop 14%   The local real estate market continues to chug on down the road towards another season and we can count the weeks on our hands when our northern friends start pulling into town. Sales have flattened, inventories continue to shrink, interest rates are at all-time record lows and today it is once again time to dig into the pending home sales date for the north county region.   Pending sales are the most accurate predictor of what transactions we can reasonably expect to close escrow in the coming 30 to 60 days. Each month we track 5 different municipalities and bring those numbers to you to keep you in touch with where the market is heading as this affects everyone who is, or contemplating, either selling or buying property.   A couple weeks...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
Just Listed – Furnished Town Home for Sale in Heritage Ridge in Hobe Sound Florida   More information and pictures are available for 7285 SE Concord Place. Wonderful opportunity to move right into a furnished town home in the Jamestown section of Heritage Ridge. A wonderful community that has a Fazio designed 18 hole golf course that is not mandatory to join. This spacious 2 bedroom two bathroom town home has an open kitchen with dining area and breakfast bar. Take advantage of the convenient community pool and tennis courts in this exceptionally clean and well maintained and landscaped community. Conveniently located close to the beaches as well as shopping. All ages are welcome. One small pet allowed, under 20lbs. This home is ready for immediate occupancy, just move right in. More In...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
August Single Family Home Sales in Hobe Sound Drop Again Another month rolls on, summer is now officially in the rear view mirror, as we start off the fall season looking back at sales during August in the north county area. This month we are going to start giving our “power rankings” of the different municipalities and will post the blogs starting with the lowest ranking and continuing through the star of the month. So here for our first ever power rankings are the results for August;       #1 North Palm Beach     #2 Tequesta     #3 Jupiter     #4 Palm Beach Gardens     #5 Juno Beach     #6 Hobe Sound We start off this month’s report with the #6 ranking and Hobe Sound which was the only municipality that showed a decrease in August over the previous month. That being said they only wer...
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By Gabe Sanders, Stuart Florida Real Estate
(Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales)
  Heritage Ridge Town Home for Sale in Hobe Sound Florida – Coming Soon!   More information and pictures are available for 7285 SE Concord Place. Wonderful opportunity to move right into a furnished town home in the Jamestown section of Heritage Ridge.  A wonderful community that has a Fazio designed 18 hole golf course that is not mandatory to join.  This spacious 2 bedroom two bathroom town home has an open kitchen with dining area and breakfast bar.  Take advantage of the convenient community pool and tennis courts in this exceptionally clean and well maintained and landscaped community.  Conveniently located close to the beaches as well as shopping.  All ages are welcome.  One small pet allowed, under 20lbs. This home is ready for immediate occupancy, just move right in. More Inform...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Inventory levels throughout the north county area continue to shrink and this continued reduction is certainly having its effect on sales. We have seen sales levels drop over the past couple months and from my perspective this has more to do with fewer selections than fewer buyers. Todays buyers are still strongly driven by price, looking for the proverbial “deal” and they are harder and harder to find. We still have overpriced inventory with some sellers refusing to let go of visions of 2005 prices.  Much of the talk on the street among real estate professionals surrounds shadow inventory; how much is there and what really is shadow inventory?  Shadow inventory refers to the inventory of homes not yet for sale but that will come to the market at some point in the near future. Most defi...
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