Jupiter Home Report

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Palm Beach County price gains top nation in December

According to a report by California-based ZipRealty, Palm Beach County’s median sales price in December was $169,000, up 35 percent from the same time the previous year.

“Everything is really competitive, and we’re seeing situations where there are multiple offers again, but 35 percent seems high,” Kent said.

“I think house prices have fallen long enough and far enough that we finally found a bottom at the tail end of 2011,” Baker said

I wanted to make sure this was the first part of my home report this week. The above sentences are exactly what I have been saying for sometime. The so called deals are receiving multiply offers and every time a new house is listed it comes on higher than the last similar home. Expect to pay $500,000 for a newer 2,500 - 3,000 sq. ft home that will still need granite counters and S/S appliances in places like Abacoa.

I see wish lists from customers and after hearing their wants I really have to say you need to prioritize your list because this isn't a custom  home you are building on the premier lot. Even if you are spending more money you need to cut that wish list in half because what you are looking for doesn't exist or is double what you want to spend. Inventory levels have become so low that if you think about it to long someone else will own it. 


This week we saw  Jupiter home sales  fall from 65 to just 36 homes selling during the second week of January here in Jupiter.  A few interesting facts:

The least expensive home sold for $245,000. What that bought you was a 1979 CBS home that was 1,400 sq. ft with a pool and in need of an update.  

Lets see what $300,000 bought you this week. You could move into a remodeled 2Bd/2 Ba Bluffs Marina condo that is  1,385 sq. ft with a marina view and was built in 1985. Good news it was a Penthouse floor.

 If you wanted a single family home you would have bought a 4Bd/2Ba wood frame home built in 1983 with no pool, very clean and updated in the past 10 years.

If you spent $430,000 you would have bought a 2,600 sq. ft home built in 2003 that is CBS construction and has a 1Bd/1 ba guest house attached, no pool on a zero lot line. Sounds pretty good! The caveat is the HOA fee in this community which is Evergrene is $471 per month. They have a beautiful clubhouse and 24 hour guard. So the lower price of this home is reflected due to the larger than normal HOA fee.


Buyers, it is important to get signed up to receive new listings as they come to market. Not only do you have to do some research by looking on-line, use any of my websites for your daily searches. It will save your searches and email you new listings as they come to market. Don't be afraid to call or contact me for questions about specific Jupiter FL condos or homes or if you aren't seeing exactly what you want. 



Jupiter Top 10 Homes

My 10 Best list has two new listings this week. Jupiter Harbour with dock and Bluffs Intracoastal home.

750 Ocean Royale -#502 & #704 - 3bd 2.5 ba with almost 2,700 sq. ft under air. Large balcony, great views and both have beautiful marble or Travertine floors.

800 Ocean Dr #502 - Waterfront 3Bd/ 2.5 Ba with East & West balconies. Direct ocean views, sits on the sand. Best value for on the sand. Asking $825,000

146 Mangrove Bay Way - 2bd/2ba one story home near beaches built in 2001 with tall ceilings and is a 55+ community. Great value! $225,000. This won't last more then a few days.

511 Saturn Lane- 3,000 sq. ft beach house with ocean views in Juno Beach. Built 2004 $ 1,125,000

109 Tarpon - Ocean Walk- completely remodeled three-bedroom, pool home, walk to beach- Reduced to $795,000

112 Olympus Way - Complete remodel in beach community. Make an offer on this home.

368 River Edge Rd - Bluffs home overlooking Intracoastal. No dock but large yard w/ room fora resort pool and great views. Reduced $639,000

1000 N US Hwy 1 # 818 - 3,000 sq. ft townhome with boat dockage for 45ft boat included. Built 2005. Remodeled and shows well. $949,000

Jupiter Yacht Club Penthouse - Incredible Intracoastal views. Just reduced $100,000 to $1,095,000. Take a look. Least expensive condo in complex.

Ocean Parks- Corner unit with new kitchen. Walk to beach, shopping. $199,000

                Jupiter Top Ten Report


Email me your search criteria and I will be happy to send you new listings as they come to market so that you see the best deals out there. Don't miss that deal!


Juno Beach Condos     Abacoa homes Jupiter    Jupiter  Homes   

  Jupiter Waterfront Properties                                Singer Island Oceanfront Condos

Posted by Jim McLane on


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