Jupiter Real Estate Report

Random

   Welcome to our Jupiter Newsletter

     Another strong week  for home sales here in the Jupiter & Juno Beach area. We saw  62  home sales during the last week of August as we enter the lull before the storm. Season is just a few months away and I'm already starting to get calls from buyers coming down in September to see what is for sale. It should be quite an interesting year. Inventory choices are slim at best with most communities having only one or two condos for sale and many having none.

There are still a few  values out there but they are becoming more difficult to find. The market seems to have stopped and taken a breath so I am anxious to see what is going to happen with it. Many buyers are thinking we are…

1364 Views, 0 Comments

Read Full Post

 

 Juno Beach Oceanfront Condo

840 Ocean Dr Juno Beach , FL 33408 

$429,900

Imagine waking up each morning to the sunrise here in Juno beach. This ground-floor condo offers oceanfront views rarely seen in ground-floor units. No going up elevators to get your unit. This beachfront condo sits directly on the sand of Juno beach where you have an almost private beach. Juno beach was rated one of the top beaches in Palm Beach County and you soon realize the reason why when living here in the tower. The unit has been updated with new tile laid on the diagonal and 5 1/2 inch baseboards as well as popcorn removed from the ceilings. Freshly painted with beachfront colors this condo makes you feel like you're sitting on the sand. The new kitchen with…

1243 Views, 0 Comments

Read Full Post

Jupiter Home Sales

Jupiter Home Report

   Welcome to our Newsletter

     Another strong week  for home sales in  Jupiter & Juno Beach area. We saw  71  home sales last week, close to season numbers. It's the middle of summer in Florida with temperatures at 90 plus degrees, summer is in full swing in the Northeast and we are seeing record sales. Who is thinking about buying a winter home in August in Florida? Apparently I guess quite  a few. We saw only 4 properties sell under $200,000 and 12 properties sold between $200 and $300k.  That use to be the largest percentage of sales each week. It has now become the smallest segment.

The $400 -$600K market is very strong  with most of the sales in that price range. We are seeing a weakening  market…

1144 Views, 0 Comments

Read Full Post

Just Listed Juno Beach Condo $429,900

840 Ocean Drive Juno Beach, FL 33408

Imagine walking into your ground floor beach condo and seeing a beautiful ocean and beach view. The Tower in Juno Beach offers such a view. The condo sits elevated above the beach affording you great beach views. Juno Beach offers near private beaches, plenty of beach and beautiful white sand. No matter which direction you walk you will pass Seminole Golf Club to the South as well as the other Juno Beach condos that are on the ocean. You will also pass Frenchman's Creek Beach Club one of the only golf communities that has a beach club. Walk North and you will pass the Loggerhead Marine Life Center where they save and rehab sea turtles. Up the beach you will see the Juno Pier…

1243 Views, 0 Comments

Read Full Post

Jupiter Events- Loggerhead Marine Life

The third annual Loggerhead Run 4 the Sea was held recently in Juno Beach. The race is run to sponser the Loggerhead Marine Life Center and ocean conservation for endangered sea turtles. The four mile race for adults and the 1 mile race for children ran along A1A in Juno Beach. The race could be watched from the oceanfront condos in Juno Beach Ocean Royale. The race continues to grow in size and popularity each year. Many of the racers use A1A to train for the race. The strip from Juno Beach into Jupiter is a popular training ground for runners and bikers.

Jupiter Pointe Club & Marina

Located on US 1 just North of Countyline Rd can be found the boat club and marina. The club offers boat rentals of many…

1408 Views, 0 Comments

Read Full Post

Local Loggerhead Triathlon Carlin Park

This weekend we had the annual Loggerhead Triathlon at Carlin Park. They close the beach road for this annual event which continues to become larger each year. The first race began in 1985 where less than 100 people did the race. Today the race has grown to over 600 athletes who train year round for this event. Athletes are all sizes, shapes and ages which makes for a fun filled race. We have everyone from the serious tri athlete who have bikes especially  designed for this type of race and costing well over $5,000 to the not so serious athlete on a mountain bike. 

Jupiter Bike Race

The beach rd is blocked off from Indiantown Rd down to Juno Beach for this event. The event begins at the Jupiter Reef Club…

1509 Views, 0 Comments

Read Full Post

Jupiter Homes for Sale

Jupiter Home Report

   Welcome to our Newsletter

     Another strong week  for home sales here in Jupiter & Juno Beach area. Sales were down from the previous week but we still had 54 sales which is great for mid summer. There were three properties that sold under $200,000 and just 11 sales under $300,000. Most properties under $300,000 were $250,000 and higher as the median home price reaches $300,000. Palm Beach County  home sales were up 21% from June last year with prices up 6.4%. I said  expect to see around 5% for 2014 so let's watch and see once December comes. The good news is inventory county wide is up 35% but not here in Jupiter. 

Here in Jupiter we still continue to see a shortage of homes for sale as well as…

1501 Views, 0 Comments

Read Full Post

Jupiter Real Estate Market

The RAPB just came out with Junes local market real estate report including towns of Jupiter and Juno Beach. It comes as no surprise to see the strength of the numbers as we continue to watch prices rise. We are still far short of the peak 2006 median price record of $400,000 plus. Take a quick look below and see the single family home sales. 

Jupiter Home Sales

As you can see closed sales are up 21.5% from last year which is what we expected as the market has been red hot with limited inventory over the past year. We are starting to see some changes in the past few months. The median home price hit $295,025 which is up 6.4% over last year. The reasoning for  the huge upswing in sales vs the smaller rise in prices can…

1091 Views, 0 Comments

Read Full Post

Million Dollar Listing Comes to Old Palm Golf Club in Palm Beach Gardens

This week we saw Old Palm Golf Club in Palm Beach Gardens on Million Dollar Listing Miami. This is the second episode where the agents partnered with another listing agent in Palm Beach County. The first was One Thousand Ocean in Boca Raton a luxury Boca Raton condo building on the Boca Inlet on the former Resort & Hotel. This week they came North to Palm Beach Gardens located just South of Jupiter.

Old Palm Golf Club is a prestige golf community that features an 18 hole Raymond Floyd designed golf course as the draw to this community. There is a beautiful Mizner design clubhouse with spa and fitness center as well as a club pool. THe community offers a beach club special at a…

1240 Views, 0 Comments

Read Full Post

An amazing week for home sales here in Jupiter & Juno Beach area. Last week even with the holiday we saw 79 properties close here in the area.  What you may notice is the lack of sub $200,000 properties. Last year we saw quite an abundance of properties in that price range. This year not so much.

A few examples are the Sea Brook beach town home which sold at $230,000. Earlier this year they started to break the $200,000 barrier . Two sales last year  were $195,000 and $215,000 for the larger 3 bedroom units. Now we are seeing $230,000 for the 2 bedroom units.

The Nautica model in Mallory Creek in Abacoa  just closed at $350,000. Earlier this year they were selling the same model for $325,000.

 

Even entry level oceanfront condos on Singer Island…

1248 Views, 0 Comments

Read Full Post