Sea Brook Large 2Bd/2.5 Ba
1,620 sq. ft plus covered patio
Remodeled unit and walk to Beach
      Reduced to $235,000    
          View Sea Brook                 
            Best Priced 3 bedroom Ocean condo in Jupiter 
             3Bd/ 2 Ba Condo    1,696 sq. ft
                      9' ceilings - 4th floor
                       Reduced to $459,000
                            View Condo
      Price Changes
     New Listings
       Back on Market

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       Jupiter Report  February 28, 2011 
             Thinking of Selling?
   Know someone looking  to SELL!
                            Call Me!
This week we had 50 homes close, up from 39 from last week. Next week we should see  a record number of homes closing with the recent upswing of pending listings that have been going under contract recently. 
I spoke about the Bluffs homes last week. An original condition lake home came on the market at $350,000 this week. Five offers in the first three days and house is under contract.       Location!
                          Great opportunity
 Xanadu has a new listing at $349,000. It is basically a complete remodel but is selling for land value. Great beach community with private pool. A great opportunity to own in this beachside community and remodel to your taste.
Find a home , walk to the beach at $349,000. Take a good look at this home.   View Xanadu Listing 
            Under Contract with 4 Offers in just 2 Days
I did show a very nice Jonathans Landing West Bay this week. Very clean, showed well with the best SE exposure which made the unit light and bright. Ground floor unit with garage.  View West Bay Listing  Still available
Just reduced and a great property. Large 1600+ sq. ft townhome. Gated community. Walking path to beach. Newer roofs and just painted outside. Unit is beautifully done inside with granite and SS appliances. SE exposure and large covered patio. Just reduced $15,000 to $235,000. Owner wants it sold.
View Sea Brook Listing.  Best Value on the Beach. Still Available.
I continue to tell people there are very few prime properties out there for sale. This week in the Palm Beach Post:

Sales of existing homes in Florida started the year strong with a 14 percent increase over January 2010 and despite tighter lending standards that have buyers making historically large down payments.

In Palm Beach County, existing home sales jumped 36 percent in January compared to the same time in 2010, according to data released Wednesday by the Florida Realtors

This is good news for Palm Beach County. I also read another article this week saying that 2011 should be the bottom of the housing market nationwide and that prices this year should only drop 5%, well off the past few years of 10% or so.

Buyers need to remember that if they are purchasing a home that you will never pick the bottom of the market just like you will not find the bottom in the stock market. Plan on staying for 3-5 years and if you buy a good property you will see the value go up. Remember pick the best location.

Several properties that I have shown and are unique  all went under contract this week. Two Ocean Royale corner units asking $1.4 million both went under contract this week. A third penthouse unit in Ocean Royale also went under contract. Three 1.2 million plus units in one week under contract. Doesn't sound like a bad market to me.

                 View Ocean Royale Units

Jupiter Yacht Club #503 with those incredible Intracoastal views went under contract. This was in my top ten list.

Xanadu above went under contract in a few days. Ocean Dunes one level corner unit went under contract this week.

I hope you notice  each property was unique, a corner,  one level, geat views or  a great bargain.  There are alot of buyers out there looking for the right property.

I ran into an agent that specializes in Singer Island condos at the Food Shack this weekend and he said he never had so many showings as in the past two weeks. All positive news.

In this week's sales you will notice several multi million dollar properties closing this week as well as several waterfront homes.

Looking for a great golf community without the enormous fees you see in places like Admirals Cove, Frenchmens Creek or some of the other golf communities. Take a look at Hobe Sound Golf Club. A pure golfing community.
                        Hobe Sound Golf Club Information
If you would like to see some homes in the community please click below:
                        Homes in Hobe Sound Golf Club
This week I added a new rental for next season. The Estuary below is a nice beachside community. Take a look and check out the community online on my website.
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
Ocean Parks - 2 Bd/2 ba. Close to beach. Unfurnished.
1,100 per month annual lease. Rented
Sea Brook - 2 Bedroom 2.5 bath. Walk to beach. Gated community. Large patio. Great beach community. Available July 1.
$1,400 per month annual lease.
             Click below to View Trendgrahix
                  Top Ten Report 
This week I left my 10 best alone.  
Both condos are in Jupiter Yacht Club Pointe building. Both are well priced  and have incredible views. Watch the boats go by on the Intracoastal. My favorites for the week. 
#503 went under contract this week.
Jupiter 1 has a nice SW exposure townhome with a small pool just come to market. Take a look at this. Large dogs okay and walk to beach. 
Oceanfront condos , the Bluffs South is a great unit. Reduced to $359,000 tis week. The Surf ground floor corner unit is another favorite. Feels like you are sitting on the beach.
Looking for a beach home? Checkout Ocean Walk, just reduced to $590,000. Large D model, shows great and priced well. Best Priced beach home!
                Jupiter Top Ten Report 
If you know what you are looking for email me with your search criteria and I will send you new listings & price changes as soon as they hit the market. Be the first to see the best deals out there!
Jupiter Homes               Jupiter Waterfront Homes
Posted by Jim McLane on
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