Thinking of Selling your Jupiter home?

The 2014 real estate market report will be broken down into home sales and condo/townhouses so you can see what's happening in each particular market. Each market attracts different buyers and it will reflect differently in market conditions.

 

The single family home market in Jupiter is out of the reach of many first time home buyers so they look to purtchase condos as an alternative housing choice. Cash investors are also a dominant force in that entry level condo market as well. Two reasons: First they are paying cash. The rental rates based on sales price allow a decent return on their investment and the appreciation potential is strong. Many  have seen nearly a 100% appreciation since 2011. This is one…

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New listings in Juno Beach

I have seen very few new condos come up for sale here in Juno Beach. With season in full swing inventory levels remain sparse and sellers are just not budging on their asking prices. Why should they as there are so few condos for sale buyers have few options to chose from. Even the single family homes here in Juno Beach are bring steep prices. The standing joke is if I moved that house from Juno Beach almost anywhere else and instead of $600,000 it would be $200,000 to buy. The land along Ocean Drive is commanding $500,000 for lot values.

Juno Beach condos

Today I saw two new listings hit the market in two of my favorite buildings, Ocean Royale and The Surf in Juno Beach. This is the first new listings I have seen in…

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