RealtyTrac: Hobe Sound ranks as #1 of ‘Top 20 Beach Town Housing Markets’ in nation

(Source: RealtyTrac)

Four of the top 20 beach town housing markets were in Florida, led by Hobe Sound, which had an average temperature of 76 degrees, 64 percent sunny days, 98 percent of days with good air quality and a crime grade of A+. The town ranked No. 1 on the list thanks to its low median estimated market value of homes and condos: $191,189, according to RealtyTrac®, a leading source for comprehensive housing data.

For the report, RealtyTrac first selected the top 100 best beach towns based on four criteria: average temperature, percent of sunny days, percent of days with good air quality, and crime rates. The top 100 towns based on these criteria were then sorted by median value of single family homes and condos, from lowest to highest. The top 20 markets all had median home values below $1 million.

For the complete story: http://www.realtytrac.com/content/foreclosure-market-report/top-20-beach-town-housing-markets-8069

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