Jim's Jupiter  Report       


Platinum Producer 2008/2009/2010

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




                              Yacht Club Estates
                        Deep water - No fixed bridges      
                    Look at that view
                                   Just Listed - $750,000 
3 Bedroom 2.5 Bath Direct Oceanfront Condo
1,880 Sq. Ft Under Air
2 car garage parking
     3rd floor with SE exposure - Best exposure  
            Best Value for 3 bedroom Condo                            
      Price Changes
     New Listings
       Back on Market

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       Jupiter Report  July 15, 2011 
             Thinking of Selling?
       Know someone looking  to SELL!
             Call Me!
This week we had 56 homes close, down from 76 last week. We finally slowed down to our average weekly sales numbers. We haven't dipped below the level of our average for the year and it looks as if our average weekly sales this year will be going up.
                       BEST DEAL UNDER $225,000!
Jupiter 1 townhome. Walk to beach. Great unit and priced at $219,900.  Take a look at the link below. Don't miss this one! One of the better beach properties around the $200,000 mark. This townhome was listed for sale 2 years ago at $379,000.   Pet lovers - Any size dog allowed here!
           Jupiter 1 Townhome for Sale
I always like to tell you how many homes are available in some of the larger communities here in Jupiter. You'll hear me refer to the Bluffs. They sit west of US 1 betwen the Intracoastal and the ocean. There are only 13 homes for sale in this community of nearly 1000 homes. There are two  under $325,000 and all the rest are $350,000 plus.  Ocean Walk has just 7 homes for sale in a community of 200 homes. They are the lowest numbers I have seen in a long time. Xanadu a community of 65 homes has 6 homes for sale and hasn't had a closed sale in over a year.
What's this tell you? Overpriced homes and nearly 10% of the homes are for sale.
New Listing Information 
Take a look at a few new listings this week. 
119 Elsa Rd, a great waterfront home with a backyard to die for. Minutes to Jupiter Inlet you'll love this old Florida neighborhood. SOLD IN 7 DAYS!
There aren't many new listings this week that excite me but take a look and see if any interest you. 
Remember I continue to tell you how important it is to watch the new listings. Everyone has seen the existing homes for sale in a neighborhood and watch the price changes and eventually get tired of watching them. As soon as a new listing hits the market everyone is out looking at that property. The new listings if priced right will get alot of action and sometimes sell in a record time if they price them correctly.
SOLD Information
If you look at the sold's this week you will notice 42 of 56 properties were sold for cash. That is an amazing number of cash sales for the week. Many of the lower end homes are selling to investors for cash and I'm not seeing many FHA loans out there. The high end properties are all selling for cash these days. I want you to look at the foreclosures as most are selling above the banks asking prices. They are putting them out on the market below the true value and causing feeding frenzies. Don't expect to buy the bank properties below their asking prices. Once in a while you may get lucky, but if it's a descent property it probably will sell above the asking price.
471 Zephyr in Juno Beach a 765 sq. ft home walk to the beach older home just sold for $440,000.
774 Seaview Dr a remodeled townhome sold for $330,000. A beachside community with 2 bedroom 2 .5 bath about 1500 sq. ft.
A very nice unit and great price. 107 Rockingham in ABacoa sold for $320,000. Homes in there are selling well.
3 Condos in the Landmark sold this week. The building has been selling really well lately.
 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. RENTED
Jupiter 1 Townhome - Available unfurnished for annual rental. 1,700 sq. ft. Walk to beach. Community pool. $ 1,300 per month.
Abacoa Townhome - 3 Bd 2.5 Ba w/ 2 car garage and patio.
1,800 sq. ft under air. Great schools. $1,900 per month unfurnished annual. - RENTED
             Click below to View Trendgrahix
                  Top Ten Report 
My 10 best has some new listings this week.
This week I left my  10 best list alone.
Last week I had the 2004 Mainsail Circle in Sea Colony on my ten best list. Under contract this week!
Rarely comes to market Juno Beach direct oceanfront condo on Celestial Way. Over 1,700 sq. ft and priced at just $450,000.
The best home values along the beach. Look at the three Ocean Walk homes. Private pool, homes are remodeled with many new upgrades. You'll love entertaining in any of theses beach homes.  Only 7 homes in this community of 200 homes for sale.
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. 
They just sold a second floor 1 bedroom unit with a sliver of ocean view for $135,000. The above condo is the SE direct ocean corner. The most desirable corner in a condo.
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.
Abacoa townhome in Martinique  at $209,000. Shows well and built in 2005.
Charleston Court townhome overlooking golf course. Very rarely come up for sale. Take a look at this Abacoa townhome also.
  Check out each property below in my 10 Best Report below.
                  Jupiter Top Ten Report
Posted by Jim McLane on
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