Price Changes

 

     New Listings

 

          Sold's

 

         Rentals

    

       Back on Market

        JimMcLane@att.net

 

        561-744-7025

 

I attached in this week's report a local market update from the mls data that is compiled from our association. Click on the link below to view.

 

                      Jupiter Local Market Update

 

To summerize from last year to this year new listings were up 9.2% and closed sales were up 8.8%. The real intriging figure is the median sales price is up 9.3% from $215,000 last year to $235,000 this year.

 

The biggest drop was a 23.6% drop in homes for sale over the past year and the supply of homes for sale is at a 4 year low of 9.7 months. This is down from 14.3 months last year. An even buyer/seller market is 6 months.

 

Many of you have called about properties and they are already under contract. A good example, we just saw an Estuary in Jupiter Dunes come on the market at $275,000 this week and it was under contract in 8 days. The last Estuary was under contract in 3 days. Inventory is sparse, especially townhomes along the beach area. Even good condo inventory is sparse.

 

Did everyone look over the oceanfront condo link I sent out last week under $300,000? As you can see there aren't many real good condos in that price range with ocean views.

 

 

 

 

 

Remember I continue to tell you how important it is to watch the new listings. Everyone has seen the old listings and watch the price changes and eventually get tired of watching them. The new listings if priced right will get alot of action and sometimes sell in a record time if they price them correctly.

A few to take a look at today.

19845 N 198th Pl in Loxahatchee River. Large waterfront yard with great pool area.

806 Lincoln Ct in Evergrene - Beautiful house overlooking the lake with a splendid backyard

 

 

 

 

 

 

   

 Ritz Carlton Fractional Ownership for Sale: With the home is 5 weeks of use at Jupiter or any of the other Ritz Fractional properties ( Bachelor Gulch, Maui, Aspen, Lake Tahoe, St Thomas) as well as Membership perks at all Ritz Carlton hotels. Asking $199,000. Make me an offer.Contact me for details.                           

 

                               

Rentals- Bluffs Ocean South furnished - ocean views seasonal or annual. 2 bedroom 2 bath. Off season short term. $1,800 furnished. Seasonal - $3,800 per month.

 

The Estuary - 2 bedroom 2 bath with loft overlooking the par 3 golf course. Single car garage, community pool. Walk to beach. Gated community. Fully furnished for next season. 3 month rental at $3,600 per month. Available off season too.

 

 

Water Glades - Beautiful ocean views from this corner unit in Singer Island. Fully furnished and available off season or seasonally. Call for rates. 

 

Bluffs Marina- 2 bedroom overlooking marina. All new furniture and shows incredible. $3,500 per month minimum 60 days.

 

                     

          
                  Top Ten Report 

 

 

The first one I want you to look at is Aquarius on Singer Island at $269,000. This 15th floor SE direct oceanfront unit has brand new hurricane windows and doors. New balconies and building is being painted. The best oceanfront deal on Singer Island. 

 

 

Bluffs River single family pool home. Incredible pool area with remodeled kitchen and travertine floors throughout. Home has loft area for extra bedroom or office. Just reduced to $399,900.

The only reason it hasn't sold is the agent has the subdivision listed incorrectly.

 

The last two are two Via Del Mar beach homes. Both are 3 bedroom homes. One is a single level with private backyard and the other is a two story updated home. Both show incredibly well.

If you want to walk to the beach these are your homes. $419,900 which just dropped to $380,000 and the other is $399,000. Owners are motivated.

 

 

Last but not least but the Jupiter key oceanfront townhome in the gated oceanfront community of Jupiter Key.

 

 

 

 

 

 

                  Jupiter Top Ten Report