What's happening in the Jupiter real estate market?

I continue to watch the new listings coming up for sale in the Jupiter real estate market. What I am starting to notice is how many of the listings are recently updated. This is not what I am use to seeing.  I immediately start looking at the tax records and review the sales history of the properties. As I expected all are recent sales that have closed in the past 2 years and in many cases at nearly half the price they are listed for now. Granted they are been remodeled but many remodels look great on the surface but aren't done with quality materials or workmanship.

 

This week two properties caught my eye. I had to check twice to make sure the prices were correct. Usually these condos sell…

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 Jupiter Island Oceanfront Condos

Live on exclusive Jupiter Island for less than you might think. Many buyers think of Jupiter Island and all they think of is the expense of living on this prestigious address. Jupiter Island condos are much more affordable than you may think. Sure there are several condos that are approaching the two million dollar mark or higher but you can find an older direct oceanfront condo starting in the mid $400's. You get the same spectacular ocean views but will give up some space and features some of the newer ocean condos have. The lower priced condos will give you 1,200 sq. ft with 2 bed/2 baths and maybe in need of a remodel. If you don't need 3,000 sq. ft we can find you an affordable oceanfront condo on Jupiter…

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Buying a Jupiter Oceanfront Condo

With supply down to record lows we have seen prices escalate for oceanfront condos in Jupiter. Many condos have no listings for sale while others may have just one or two units for sale. If it is a good location in the condo most likely it will sell rather quickly. What is selling and what isn't selling? If you don't have an ocean view you will find it difficult to sell no matter what the price. Original condition units in need of major upgrades are also a bit more difficult to sell. Most buyers are buying an oceanfront condo because they want a view and they don't want to do complete remodels.

Buying Jupiter oceanfront condo tips

What to look for when buying an oceanfront condo. It may sound very stupid but by…

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