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... 02/15/2011

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... 02/07/2011

After all the great news we passed your way last month about housing inventories continuing to drop across the market areas I service I could hardly wait to run the numbers when I finally got to the computer a couple days ago. Last month at this time we reported that Hobe Sound inventory levels dropped for the first time in four months.  So what has happened since then........   Well, I started off this month’s reports with the Tequesta market which had inventory levels remain steady and I thought I would let them bask in that glory overnight as the news is different in Hobe Sound For the fourth time in five months inventory levels increased again and are now at a new annual high. The net inventory of real estate currently for sale on our local Multiple Listing Service (MLS) in Hobe So... 02/03/2011

Bahia Sound in Hobe Sound Real Estate  Located off SE Gomez Ave, a low traffic road in Hobe Sound, Bahia Sound is a beautiful gated community that is a mariners dream, equipped with deeded boat docks, as well as being just seconds from Jimmy Graham Park and its boat ramps for quick river access!  Homes in Bahia Sound are spacious and have many of the amenities that today’s home buyers are looking for, such as; pools, beautiful landscaping, large patios, and updated interiors.  Have peace of mind knowing the neighborhood is just minutes from the Hobe Sound Fire Department!  The city of Hobe Sound is a peaceful and beautiful area that has quick access to either Stuart to the north and Jupiter and Palm Beach to the south,  as well as many recreational areas within close range.Bahia Sound i... 02/02/2011

Jupiter Island homes for sale are some of the most spectacular in the country, maybe the world.  It has long been a quiet enclave of old money who needed a sub-tropical hideaway where they could just be themselves. Lately the Island has seen its share of publicity with Tiger Woods, Celine Dion and Alan Jackson moving onto the Island.  Before they arrived though, Lee Trevino and Greg Norman were already there.  Trevino moved on, but Norman is still here and his home is still on the market after nearly 3 years. Now Jupiter Island real estate is very special and Norman owns perhaps the choicest piece of land up there.  His property was once owned by the Reed family that developed the Island so they had their pick of any spot to build and chose this one.  His property starts on the beach at... 02/01/2011

      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 more often that not 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... 01/15/2011

I've been away from posting on My Blog for a while. However, I'm back and will be update this regularly. So much happens each day in this real estate business it's important to dedicate the time. The market continues to be uncertain. There are lots of would be buyers waiting for the signal to buy, but are afraid of jumping in at the wrong time. Well, I think it's a good time and I am in the middle of negotiating a purchase for myself. 01/12/2011

December single family homes sales in Hobe Sound were SPECTACULAR!     Welcome to our first sales report of 2011 and what a way to start off the new year. Interest rates were down the first week of the year and now I have the pleasure to report that December single family home sale in Hobe Sound jumped 100% from November levels. It also tied us for the highest sales month of the year with April when sales were boosted by the expiring tax credit. No boost here from the government just an incredibly strong month of sales. During December our local MLS system shows a total of 28 successful closings as of this mornings’ update. That compares with 14 sales in November and again a tie for the highest monthly total of 2010.  Sales last month were not only very strong but they were also spread... 01/09/2011

The Medalist in Hobe Sound – Golf Perfection It just doesn’t get any better that The Medalist if you want to play golf. Surrounded by over 870 acres of pristine Florida natural preserve and the home of Greg Norman’s signature golf course.The Medalist is located in Hobe Sound between Jupiter and Stuart Florida. Easy access to Jupiter Island and the beaches and also a quick ride to I-95 and points South or North.New homes are available from quality builder Zuckerman Homes as well as a number of fine pre-owned homes in the estates or the Medalist Village. All homes at The Medalist Country Club Estates & Spa in Hobe Sound include access to the incomparable Medalist Village consisting of a world-class spa facility, a unique Par 3 golf course designed by Greg Norman, classic Har-Tru tennis co... 01/07/2011

      Welcome to the New Year of 2011. It should be an another amazing year for the local real estate markets and we look forward to bringing you the latest market statistics. Following the inventory levels is extremely important as it is the “supply” end of the equation that tells us where prices may be heading. As the supply of homes decreases and demand stays even we will see pricing increases. Tune in next week to see where prices have gone over the past year and you might be surprised.   The Hobe Sound Net Inventory Index decreased during December for the first time in four months, which is a most welcomed sign after the significant inventory increases we have seen since September 1st. The net inventory of real estate currently for sale on our local Multiple Listing Service (MLS) ... 12/31/2010

New Listings  13 Active Listings 478 Price Change  14 Back on Market  1   Total Available Listings 506 Median List Price is $249,000   Total Contingent Listings total 38 with a median list price of $144,500 Total Pending Listings total 31 with a median list price of $199,942   Total sales over the past year are 417 with a median sales price of $215,000   Current inventory level based on trailing 1 year sales is 14.6 months.     Always at Your Service,   Tom Priester  e-PRO "Results Driven Real Estate"   Keller Williams Realty  561 308-0175 tom@tompriester.com   www.tompriester.com 12/27/2010

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.  12/21/2010

Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Condo Sales for November 2010 For November, 2010: 1 Condo sold in Hobe Sound, Florida Zip Code 33455 There are currently 41 active listings. 9 Condo sales are pending and awaiting close. . Search here for Hobe Sound Florida Real Estate for Sale Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Condo Sales for November 2010   Hobe Sound Florida Real Estate presented by Susan Maxwell & Gabe Sanders     12/16/2010

Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Residential Sales for November 2010 For November, 2010: 16 Residential properties sold in Hobe Sound, Florida Zip Code 33455There are currently 431 active listings. 51 Residential sales are pending and awaiting close. . Search here for Hobe Sound Florida Real Estate for Sale Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Residential Sales for November 2010 Hobe Sound Florida Real Estate presented by Gabe Sanders    12/16/2010

The Arbors Homes for Sale in Hobe Sound, Florida - Sold. A Rutenburg treasure featuring 4 beautiful bedrooms with 3 well appointed baths nestled in a preserve setting. Rear yard privacy surrounding the screened pool & patio. The Arbors is a serene meandering neighborhood with picturesque nature trails, environmental viewing stations & large stocked lake. Numerous upgrades as expected in this fine home, including custom cabinetry, built-ins, wet bar, tile throughout, 10' ceilings, accordion shutters, and so much more! .                   View All Our Listings .   .   Search for all Arbors Homes in Hobe Sound Real Estate   The Arbors Homes for Sale in Hobe Sound, Florida - Sold  Hobe Sound Florida Real Estate presented byGabe Sanders     12/07/2010

Find JUPITER ISLAND Homes For Sale and JUPITER ISLAND 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 JUPITER ISLAND, 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 11/26/2010

Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Residential Sales for the October 2010 For October, 2010: 16 Residential properties sold in Hobe Sound, Florida Zip Code 33455 There are currently 431 active listings. 51 Residential sales are pending and awaiting close.   Search here for Hobe Sound Florida Real Estate for Sale   Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Residential Sales for the October 2010     11/09/2010

Designer Pool Home in the Arbors, Hobe Sound - Price Reduced Immaculate Pool Home for Sale in the Arbors 7797 SE Mammoth Drive, Hobe Sound, FL 33455 This is an absolutely impeccable screened pool home in the prestigious Arbors community of Hobe Sound. Located on a private preserve view lot with no neighbors across, behind or to one side. 2 BR plus office/den or a possible third bedroom, with a great room concept with formal dining area. Corian kitchen with dining nook and breakfast bar that is just perfect for entertaining. Top of the line accouterments including designer ceiling fans, water system, Sentricon pest control, newer Trane AC, and much more. Paver driveway. This home is ready for its new owners that want to enjoy the casual tropical lifestyle in the Arbors in Hobe Sound.   D... 11/02/2010

Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Residential Sales for the Past 30 days In the past 30 days, 19 homes have sold in the 33455 zip code area of Hobe Sound, Florida. There are currently 415 active listings. 48 Residential sales are pending and awaiting close.     Search here for Stuart Florida Real Estate for Sale   Market Report: Hobe Sound, Florida Real Estate Sales Zip Code 33455, Residential Sales for the Past 30 days 10/13/2010

Find THE OAKS Homes For Sale and THE OAKS 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 THE OAKS, 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 10/09/2010