REAL-TIME MARKET NUMBERS

Hobe Sound, FL 33455

Single-Family Homes

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Hobe Sound, FL 33455

Fri Nov 15 2024
This week the median list price for Hobe Sound, FL 33455 is $791,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 92. 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

Fri Nov 15 2024
This week the median list price for Hobe Sound, FL 33455 is $791,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 92. 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 $791,500
Median Price of New Listings $1,399,999
Per Square Foot $352
Average Days on Market 100
Median Days on Market 77
Price Decreased 42%
Price Increased 1%
Relisted 8%
Inventory 92
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. 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
$2,840,000 3,682 0.25 - 0.5 acre 4 4.5 25 3 0 70
$899,000 2,562 0.25 - 0.5 acre 4 3 24 1 0 63
$639,000 2,112 6,500 - 8,000 sqft 3 2 26 1 1 112
$495,000 1,533 6,500 - 8,000 sqft 3 2 31 1 3 84