Jupiter Ocean Grande Condos- Jupiter Oceanfront Condos
Posted by Jim McLane on
Jupiter Oceanfront CondosÂ
I did some data collection on sales in Jupiter Ocean Grande and you will be quite surprised of the results. There are just 5 condos active in the JOG and 4 of the 5 are 3rd and 4th floor condos. Lower floors are always much more difficult to sell. We saw two sales break the million dollar mark in the past 6 months with one just shy of $1.1 million.  One of the condos sold at nearly the same price as it did it 2007 when prices weren’t far below the bubble market. The highest sales in here were just over $1.2 million at the peak in 2005/2006. We are rapidly approaching those prices again. The difference is they are not investors buying the properties but homeowners so we should not see a collapse as we did in 2006. The other key…
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