Altos Market Data for Realtors

Hobe Sound, FL 33455

Single-Family Homes

Schedule a demo today at AltosResearch.com


Hobe Sound, FL 33455

Thu Nov 21 2024
This week the median list price for Hobe Sound, FL 33455 is $815,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has increased to 99. Click here to stay informed with the Hobe Sound market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Hobe Sound, FL 33455

Thu Nov 21 2024
This week the median list price for Hobe Sound, FL 33455 is $815,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has increased to 99. Click here to stay informed with the Hobe Sound market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Hobe Sound market.
Median List Price $815,000
Median Price of New Listings $2,397,500
Per Square Foot $360
Average Days on Market 103
Median Days on Market 77
Price Decreased 41%
Price Increased 3%
Relisted 9%
Inventory 99
Median Rent
Market Action 29
Slight Buyer's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,947,500 3,780 0.5 - 1 acre 4 4.8 24 5 0 73
$925,000 2,563 0.25 - 0.5 acre 4 2.5 24 2 1 63
$647,000 2,112 6,500 - 8,000 sqft 3 2 29 1 2 98
$495,000 1,533 6,500 - 8,000 sqft 3 2 31 2 0 91