Jupiter Home Sales Report
Posted by Jim McLane on
This week we saw  Jupiter home sales  fall from 75 homes last week to 50 home sales this week. I continue to see multiply offers on many properties and remodeled homes are asking higher prices and moving fast. Here in Xanadu by the Sea where there hasn't been a home sale in almost a year we saw two homes go under contract this week. Inventory levels continue to fall and buyers are having less choices so homes that have been on the market for extended periods of time are starting to move. Nearly a third of the contingent listings went under contract in less than 30 days.
I hope to start seeing more properties come to market from sellers who are seeing rising prices. I am starting to see several incidents of this happening, but the sellers are raising…
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