Jupiter Homes for Sale

 

Jupiter Home Report

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It has been a month since my last Jupiter Report and we continue to see home sales remain strong with 57 properties selling this week. Our local market report was just released by the board of realtors today and we have some interesting facts.

First qtr sales of single family homes and condos are down 5% from last year but the median prices are up 22% from last year. The median price of a home in Palm Beach County is up from $235,000 to $286,825 this year. This is still a far cry from peak 2006 which had that number at just over $400,000. Several communities are reaching 2005/2006 prices but there are still many other areas in Palm Beach County that are dragging these…

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Jupiter Oceanfront Condos for Sale

The oceanfront condo market continues to improve as inventory levels are down to nearly the point where many condos don't have any units for sale. Direct oceanfront condos are scarce. We are seeing side views, back views but that direct view is almost non existent to find and the price will be approaching the million mark and higher for newer buildings.

In Juno the least expensive direct ocean is $750,000 and this is an 80's building that needs updating. Ocean Royale direct units are starting at 1.6 milion and last year they were just over a million.  Entry level ocean condos are now pushing $350,000 for low end condos with ok ocean views  if you can find one.

My biggest challenge is finding properties period. I am…

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