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There is an Oceanside Terrace townhome at 1801 S US Hwy 1 that was listed last week at $239,000 with a small pool in the courtyard. All original condition. Last sale just a few months ago without a pool was $180,000. A $59,000 price increase for a pool. A Jupiter 1 townhome next door at 1420 Ocean Way was recently listed at $289,000, $50,000 over the last sale. The sale just before that was $215,000. In the Surf at 900 Ocean Dr in Juno they just listed an original condition 2Bd for $439,000 with comments: owner not flexible. Last sale was $365,000 but it's the only condo for sale in this building. These are just a few examples I've noticed in the past few weeks. It is a growing trend with higher asking prices, higher selling prices and sellers dictating the terms and conditions. Sure, not every deal is like this but it shows a growing trend of what is happening in the real estate market here in Jupiter.
Jupiter ocean condos
We aren't seeing this in all segments of the market but the lower end is definitely leading this push upwards. As it continues it will slowly move to higher priced properties as well. Higher end properties are moving upwards but not just as quick as the entry level properties. Start searching for Jupiter beach condos online.
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Posted by Jim McLane on
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