Jim's Jupiter  Report       


Platinum Producer 2008/2009/2010

              Top 1% of the agents - $ 8 Million SOLD 2010




                                     Jupiter Key Townhome
                         4 Bedroom 4 Bath - 3,000 sq. ft 2 car garage
                          Beautiful ocean views from the 2nd and third floors
                                     Asking $1,250,000
                                 View Jupiter Key Townhome
                        Jupiter Yacht Club
               Original List Price - $895,000 
                  Reduced again to $600,000
                      2 Bedroom plus a den
Look at the Intracoastal views from your condo.
Enjoy your community pool which sits on the marina and the Intracoastal. Two  underground parking spaces.
                        View Jupiter Yacht Club
      Price Changes
     New Listings
       Back on Market

    Jupiter Facebook


       Local Services



       Jupiter Report  June 16, 2011 
             Thinking of Selling?
       Know someone looking  to SELL!
Call Me!
This week we had 66 homes close, down from 70 last week. Another good week for sales in the Jupiter area.
It seems to be very consistent with home sales each week. 
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.
New Listing Information        
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
SOLD Information
You'll notice a beautiful waterfront home sold this week for $2.7 million (Cash).  We also saw 3 homes in Jupiter Country Club close. They seem to be selling out there now and it is the more expensive homes selling. Not the smaller homes.
Waterfront homes: You can see the Palm Beach Isles original canal home sold for $765,000 on Singer Island. That is what you can expect to pay for a starter waterfront home here in the Jupiter area.
The average days on Market(DOM) is running 151 this week and 19 properties sold in less then 100 days. Remember from the time it lists till it closes is usually about 60 days minimum.
So 19 of the homes actually went under contract in about 40 days.
 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.
             Click below to View Trendgrahix
                  Top Ten Report 
My 10 best has some new listings this week.
Two of my 10 best from last week are under contract. Jupiter Yacht Club # 506 and 390 Sweet Bay Circle in New Haven in Abacoa.
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.
                 Reduced again from $625,000 to $600,000.
Jupiter Yacht Club Pointe building #506 is still available. It is well priced  and has incredible views. Watch the boats go by on the Intracoastal. A great value, was originally listed at $895,000. Buy it for almost what it sold for new in 2002 decorator ready. UNDER CONTRACT!
  Check out each property below in my 10 Best Report below.
                  Jupiter Top Ten Report    



Posted by Jim McLane on
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Hi there, Thanks for the comment! I would sgsegut giving us a call and we'll see what we have available for you. I know that none of our REO/bank owned homes are available for lease purchase.Mark's direct number is 614-554-2448 Hope that helps!

Posted by Shiva on Thursday, May 31st, 2012 at 11:24pm

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