Altos Market Data for Realtors

Hobe Sound, FL 33455

Single-Family Homes

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Hobe Sound, FL 33455

Thu Sep 19 2024
This week the median list price for Hobe Sound, FL 33455 is $749,275 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 82. 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 Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Hobe Sound, FL 33455

Thu Sep 19 2024
This week the median list price for Hobe Sound, FL 33455 is $749,275 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 82. 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 Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Hobe Sound market.
Median List Price $749,275
Median Price of New Listings $1,100,000
Per Square Foot $352
Average Days on Market 81
Median Days on Market 46
Price Decreased 39%
Price Increased 1%
Relisted 10%
Inventory 82
Median Rent
Market Action 33
Slight Seller's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$2,970,000 3,765 0.5 - 1 acre 4 4.5 22 4 1 31
$937,500 2,495 0.25 - 0.5 acre 4 2.8 26 3 0 35
$645,000 2,103 6,500 - 8,000 sqft 3 2 29 1 3 77
$495,000 1,624 6,500 - 8,000 sqft 3 2 35 1 4 35