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October 2014

Found 5 blog entries for October 2014.

Jupiter Real Estate Report September 2014

South Florida rose to the top of the nation’s leading home price index in August, with gains of 10.5 percent from the same time last year even as home market momentum slows.

The increase in the tri-county region of Palm Beach, Broward and Miami-Dade counties put the area in first place nationally for price growth, according to the Standard & Poor’s/Case-Shiller index.

  This is an article from the Palm Beach Post and is pretty  self explanatory. We are #1 in the entire country for rising prices.  You will notice this in the recent sales for the week as well as price changes, new listings and contingent listings. 

This week's new listings has just one listing under $200,000 and just a few properties

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Oceanfront condos on Singer Island

Singer Island Condo views

When looking for condos here along the Florida coast you must stop and visit Singer Island. The narrow island affords incredible water views from almost any condo on the island.  Ocean and Intracoastal views and many times both will be seen from your oceanfront condo.  Singer Island sometimes gets  a bad rap because of Riviera Beach on the mainland but most people that live on the Island exit off the North end into PGA Blvd which is a mecca of shops and restaurants. PGA is the one road where you will find everything you could possibly need or want.

Singer Island Condos for sale

Pick a budget number out and start searching for Singer Island condos online. You will see every condo with photos, maps, bird's eye

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Jupiter real estate trends

A recent article in the Palm Beach post this week reiterated what I have been saying for the past year about real estate values in northern Palm Beach County in areas such as Jupiter and Juno beach. Inventory levels continue to decline especially in the sub $300,000 market. Even the high-end market has limited inventory. I have seen a dramatic rise in selling prices in all areas of the market including single family homes and condos. The biggest rise in demand and pricing seems to be waterfront homes and direct oceanfront condos, once again showing the value of waterfront property. 

According to the Seattle-based housing research firm Zillow, home values in northerm Palm Beach County will continue to grow, but at a slower

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Jupiter Homes & Condos for Sale

                   Jupiter Home Report

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     Home sales continue to move at  a slowing pace after weeks of strong  sales here in the Jupiter area. We saw  37  homes close last week and expect similar  amounts until year end.  Last week, my featured property in Oceanside Terrace was listed at $229,000. A new listing in the same community with an updated kitchen and a few other upgrades came to market at $295,000. The $295,000 condo went under contract and immediately  the $229,000 unit went under contract as well. When that $295,000 condo went  under contract it made the $229,000 unit look like a true bargain. The $66,0000 price difference left plenty for renovations.  Once again there are

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Jupiter Homes & Condos Real Estate Report

   Welcome to our Newsletter

 

     Home sales have finally slowed down after weeks of strong  sales here in the Jupiter area. We saw  39  homes close last week as we enter our slow season. October and November sales tend to be the slowest for sales as we run 30 to 60 days from contract to close.  Last week, my featured property in Oceanside Terrace was listed at $229,000. A new listing in the same community with an updated kitchen and a few other upgrades came to market at $295,000 this week. The high sale in the community was $325,000 in the peak for an original condition unit. It reinforces what I have been saying about asking prices and upgraded units. 

 

Prices continue to rise and with season

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