Hobe Sound, FL Real Estate News

By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source.  Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Florida, Palm Beach County and Martin County. 
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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 March 2011 For March, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 434 active listings. ( down 27 from February)   103 Residential sales are pending and awaiting close or lender approval (up 3 from last month)   45 Homes Sold in March (up 21 from December)   After a disappointing February, a strong rebound in the Hobe Sound Florida real estate market (zip code 33455) with gains in all categories and almost double the sales from the previous month.  Search here for Hobe Sound Florida Real Estate for Sale Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for March 2011  Stuart Florida Real Estate presented by:Gabe Sa...
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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 March 2011 For March, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 37 active condo listings. (Down 9 from last month)   9 Condo sales are pending and awaiting close or lender approval. (Down 3 from February)   There were 5 sales. (An increase of two condos from last month)   Inventory for Hobe Sound condos is down to a pretty low level, sales were up a bit and pending sales were off for the Hobe Sound condo market snapshot. Search here for Hobe Sound Florida Real Estate for Sale ( Condos) Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for March 2011 Hobe Sound Florida Real Estate presented by:Gabe Sanders 
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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)
The Oaks in Hobe Sound   Just minutes from the beaches in Hobe Sound, The Oaks is a beautiful gated community where every home has a preserve or pond to look out onto in their back yard. These gorgeous homes are all brand new and have plenty of space for growing families. The community has a play area for children and a public pool. Located in Martin County where schools have only the best reputation with their ‘A’ ratings. The Oaks is close to many recreational areas such as Jonathan Dickinson Park where you and your family can enjoy boating, fishing and jogging.   Some of the currently available homes for sale in the Oaks:(Please call us for a list of non-Martin County MLS listings in the Oaks) the Oaks in Hobe Sound Real Estate   The Oaks in Hobe Sound    
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Thirty days ago I reported here how every one of my main market areas in north Palm Beach County reported increases in pending home sales for the second month in a row, most of which set new year long highs. These statistics showed a local real estate market that continues to recover quite nicely. Once again I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better on the real estate front lines. It really is very difficult to find good properties in many locations in certain price ranges. Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like to carefully review this information for eac...
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By Paul Kitchen Group, Vero Beach Real Estate
(Starfish Real Estate)
Find LOBLOLLY BAY Homes For Sale and LOBLOLLY BAY Home Values. We also have information on mortgages, insurance, movers and other Hobe Sound Real Estate Services for anyone looking to sell or buy a home in beautiful Martin COUNTY Florida. Hobe Sound Real Estate Paul Kitchen and Starfish Real Estate provide clients, family and close friends with professional, honest and dependable service. A resident of the Treasure Coast, Paul is extremely familiar with the local neighborhoods including LOBLOLLY BAY, school districts and the Hobe Sound Real Estate market in this beautiful Martin County town. Paul Kitchen Broker-Owner Starfish Real Estate 416 SE Cortez Ave Stuart, FL 34994 (772) 539-8380 (800) 793-7304 toll free Hobe Sound Real Estate Hobe Sound Real Estate Blog
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
  Hobe Sound single family sales hit annual high. After jumping 20% in February Hobe Sound single family homes sales soared like an eagle during March jumping over 133% to a new yearly high. During the month our local MLS system shows a total of 28 successful closings as of this mornings’ update. That compares with 12 sales in February and a continuation of a market improving even though prices are still being held down. While the number of sales soared last month they remained intrenched in the lower price ranges with 75% of all sales below $300,000. The local market is doing a great job of absorbing the foreclosures as they hit the market but those properties are keeping a lid on price increases at this time. I am hopeful that we see a pick up in the upper price ranges over the comin...
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By Sandy Pitchford, Palm Beach, Jupiter, Tequesta Real Estate
(Distinct Estates)
Jupiter Island offers beautiful oceanfront and intracoastal estate homes. Recently moving into an amazing home on the ocean, listening to the ocean and feeling the beautiful breeze, there is truly nothing like it. Now this is the true reason people move to Florida. Jupiter Island offers some of the most desired beaches in all of the world. It attracts some of the highest end people and is truly an amaing place. These beautiful Jupiter Homes are truly special as i am excited to spend the next 6 months on the ocean here on Jupiter Island.
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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 Foreclosure Home - Sold   Comfortable, well maintained 3 bedroom, 2 bath house near beach, boat ramps and shopping.  Tile and bamboo and oak flooring.  Central vacuum system.  Newer roof, a/c, garage door and wired for surround sound.  Low HOA.  Search the MLS for Hobe Sound Florida Homes for Sale View all of our Listings Hobe Sound Florida Foreclosure Home - Sold  Hobe Sound Florida Real Estate presented by: Gabe Sanders 
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Last month at this time we reported decreases in the inventory levels in most of the northern Palm Beach County market areas. As the real estate market continues to recover it is important that we start to see these declines continue. Sales remain strong and there is truly a shortage of quality homes in the below $400,000 price categories. Working with numerous clients trying to find a home is difficult and we are often faced with multiple offer situations. Local inventories are full of homes that have quality issues and many of these are hard to sell and therefore skew the numbers. So what has happened to inventory levels over the past month?  This month in Hobe Sound inventory levels have moved in a positive direction and at a very nice clip. We are now approaching some of the lowest...
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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 February 2011 For February, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 48 active condo listings. (Down 5 from last month)   12 Condo sales are pending and awaiting close or lender approval. (Up 8 from January)   There were 3 sales.  (No sales last month for condos).   A pretty good month for condos in Hobe Sound, with a decrease in inventorym increased pending sales as well as sales. Search here for Hobe Sound Florida Real Estate for Sale ( Condos) .Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for February 2011.  Hobe Sound Florida Real Estate presented by:Gabe Sanders 
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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 February 2011 For February, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 461 active listings. ( up 73 from January)   100 Residential sales are pending and awaiting close or lender approval (up 43 from last month)   24 Homes Sold in February (up 6 from December)   Another increase in inventory for Hobe Sound in February which is not a good sign.  However a large increase in pending sales and a smaller increase in sold homes helps offset this a bit.  Search here for Hobe Sound Florida Real Estate for Sale Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for February 2011  Stuart Florida Real Estate presented by:Gabe...
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By Paul Kitchen Group, Vero Beach Real Estate
(Starfish Real Estate)
Find LOBLOLLY BAY Homes For Sale and LOBLOLLY BAY Home Values. We also have information on mortgages, insurance, movers and other Hobe Sound Real Estate Services for anyone looking to sell or buy a home in beautiful Martin COUNTY Florida. Hobe Sound Real Estate Paul Kitchen and Starfish Real Estate provide clients, family and close friends with professional, honest and dependable service. A resident of the Treasure Coast, Paul is extremely familiar with the local neighborhoods including LOBLOLLY BAY, school districts and the Hobe Sound Real Estate market in this beautiful Martin County town. Paul Kitchen Broker-Owner Starfish Real Estate 416 SE Cortez Ave Stuart, FL 34994 (772) 539-8380 (800) 793-7304 toll free Hobe Sound Real Estate Hobe Sound Real Estate Blog
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Last month at this time I was so pleased to report how every one of my main market areas in north Palm Beach County reported increases in pending home sales which shows a local real estate market that continues to recover quite nicely. I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better. It really is very difficult to find good properties in many locations in certain price ranges. Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like to carefully review this information for each of the communities where I am most active on at least a monthly basis as it gives me a heads up on what...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Hobe Sound single family sales jump 20% during February. After a rather dreary month in January Hobe Sound single family homes sales picked up nicely during the month of February. During the month our local MLS system shows a total of 12 successful closings as of this mornings’ update. That compares with 10 sales in January and a nice step in the right direction.  While the number of sales picked up last month they remained intrenched in the lower price ranges with 92% of all sales below $280,00. We had been seeing some very good sales in the luxury housing categories but they were nowhere to be found last month. I am hopeful that we see a pick up in the upper price ranges over the coming months as we really need to start seeing some positive signs  in inventory reductions. The chart b...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Last month at this time we reported increases in the inventory levels in most of the northern Palm Beach County market areas. As the real estate market continues to recover it is important that we start chipping away at some of the inventory levels. Sales remain strong and there is truly a shortage of quality homes in the below $400,000 price categories. Working with numerous clients trying to find a home is difficult and we are often faced with multiple offer situations. Local inventories are full of homes that have quality issues and many of these are hard to sell and therefore skew the numbers. So what has happened to inventory levels over the past month? We are starting off this months updates with Hobe Sound where things moved in a positive direction, albeit slightly. We still are...
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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 January 2011 For January, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 53 active condo listings   4 Condo sales are pending and awaiting close or lender approval.   Unfortunately No Condos Sold in January (There were 5 Sales in December). Search here for Hobe Sound Florida Real Estate for Sale ( Condos) . Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Condo Sales for January 2011 .   Hobe Sound Florida Real Estate presented by: Gabe Sanders    
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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 January 2011 For January, 2011 in the 33455 Zip Code area of Hobe Sound, Florida :   There are currently 388 active listings ( up from 374 in December).   57 Residential sales are pending and awaiting close or lender approval (up 10 from last month)   18 Homes Sold in January (down 10 from December)   An increase in inventory and decreased sales this month.  Pendings, however are up.  We think this will be an interesting spring season coming up.  Search here for Hobe Sound Florida Real Estate for Sale Market Report: Hobe Sound Florida Real Estate Snapshot for Zip Code 33455, Residential Sales for January 2011  Stuart Florida Real Estate presented by: Gabe Sanders
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like to carefully review this information for each of the communities where I am most active on at least a monthly basis as it gives me a heads up on what the future might bring for my clients.    When a bilateral contract is entered into there are typically contingencies, historically mainly for home inspections and financing, but in today’s world many times they are short sales waiting for third party, or bank approval. Once these contingencies are lifted the change should be properly recorded into the MLS system as “pending”. History  shows us that the large majority of pending listings will ultimately close, usually within the next two month...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
After strong December sales Hobe Sound single family sales drop to a 12 month low during January. After a great month in December for single family home sales in Hobe Sound where closings doubled from the previous month and were very near the best levels we had seen in a year, January was downright gloomy. In fact sales fell about 65% and hit a new low for the past 12 month period. During January our local MLS system shows a total of 10 successful closings as of this mornings’ update. That compares with 28 sales in December and again the lowest monthly total we have seen in a long time.  Sales last month were not only very weak but they were also all below $300,000 with one exception and that was a home on Sandshoal that sold for $349,900. We had been seeing some very good sales in the...
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