Found 36 blog entries tagged as Jupiter condos.

Jupiter Real Estate - Homes & Condos for Sale

The Jupiter real estate market continues to follow and exceed National trends. National July was one of the best months for home sales in more than a decade. Record low mortgage rates, high consumer confidence have driven home prices to the highest in nearly a decade.  The biggest problem buyers face according to Realtor.com economist is finding a home to buy. With summer almost over buying slows down and inventory picks up which gives you the best opportunity to purchase a home. 

 

The Jupiter single family homes market saw 73% of the properties sell under $500,000 which is the most competitive market you will face. The limited supply of sub $500,000 single family homes makes it a real challenge for…

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Jupiter Real Estate- Jupiter Homes for Sale

The Jupiter real estate continues to show strong activity especially in the entry level market which is now starting near $200,000. Under $200,000 there are just 27 - 2 bedroom condos for sale in Jupiter and most are listed at $180,000 or higher.  Along the Jupiter beach area we have just 16 properties for sale under $300,000. Most are 1,200 sq. ft and with a few possible updates but many are original condition.

 

Expect to budget a minimum of $200 per sq. ft away from the beach and near the beach prices are starting at $250 per sq. ft for a walk to the beach property. Jupiter oceanfront properties are starting at $400 per sq. ft.  for older updated condos and newer condos are all a million dollars…

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             2016 Jupiter Real Estate Forecast by Alexander Clough

  The year ahead: More growth for county but housing costs raise fears   The Jupiter real estate market will continue its bull run, as housing and commercial projects in the pipeline start or complete construction.
Now, the bad: Rising housing costs will make it difficult for people moving here to find an affordable place to live. Construction might be slowed by higher land costs and spikes in labor costs, thanks to a limited supplies of skilled subcontractors. And, has been the case for several years now, there's no new office space to be had.   Last year was a good one for corporate deals, including the blockbuster announcement by United Technologies that it would…

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What's happening in the Jupiter real estate market?

I continue to watch the new listings coming up for sale in the Jupiter real estate market. What I am starting to notice is how many of the listings are recently updated. This is not what I am use to seeing.  I immediately start looking at the tax records and review the sales history of the properties. As I expected all are recent sales that have closed in the past 2 years and in many cases at nearly half the price they are listed for now. Granted they are been remodeled but many remodels look great on the surface but aren't done with quality materials or workmanship.

 

This week two properties caught my eye. I had to check twice to make sure the prices were correct. Usually these condos sell…

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                       Jupiter Real Estate Market Report

 

This week we saw 70 plus Jupiter area homes sell which is another good week for the real estate market.  What a way to end another strong selling season. I thought we would see a slow down in the market but I continue to get calls and requests from both buyers and sellers alike. Sellers it's a good time to sell with a limited supply of homes and the recent price increases. Buyers are having a difficult time finding that right property and are getting frustrated looking.  Both have to be patient. Sellers who want that top dollar may have to turn down a few offers and buyers have to be more aggressive with their offering prices when they find that right home.  I think we are going to see a…

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Jupiter Real Estate Report for 2105

Yesterday we had our annual office party at Admirals Cove in Jupiter, the premier Jupiter Country Club Community. It is a great time to see what other agents are saying about the real estate market. We all work and specialize in different areas and property types as well as different types of buyers. The biggest challenge was finding good properties to sell that are priced reasonably. No one wants an overpriced listing or a listing that does not show well unless of course they have no business and can justify taking the listing. Finding a clean, updated property is difficult. Many properties seem to be in need of major renovation work.
 
Lack of inventory continues to be the biggest concern for the agents this year.…

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What's happening in the Jupiter Real Estate Market

The sub $300,000 Jupiter real estate market continues to see homes selling very close to their asking list prices. Most of the homes are selling at 97% or higher of asking price and about $200 per sq. ft at the low end. We did see a big jump in lower priced homes selling this week. 35% of the homes selling were priced under $300,000. The sub $300,000 market is by far the strongest market here in Jupiter and the surrounding areas. Entry level condos are nearly all above $200,000 and most homes under $300,000 are selling rather quickly. The days on market (DOM) are short and many are buyers are cash.
Again the weakest market continues to be the $600,000 to million dollar market with just 7 homes selling…

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Jupiter Homes & Condos Real Estate Report

   Welcome to our Newsletter

 

     Home sales have finally slowed down after weeks of strong  sales here in the Jupiter area. We saw  39  homes close last week as we enter our slow season. October and November sales tend to be the slowest for sales as we run 30 to 60 days from contract to close.  Last week, my featured property in Oceanside Terrace was listed at $229,000. A new listing in the same community with an updated kitchen and a few other upgrades came to market at $295,000 this week. The high sale in the community was $325,000 in the peak for an original condition unit. It reinforces what I have been saying about asking prices and upgraded units. 

 

Prices continue to rise and with season…

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Jupiter Events- Loggerhead Marine Life

The third annual Loggerhead Run 4 the Sea was held recently in Juno Beach. The race is run to sponser the Loggerhead Marine Life Center and ocean conservation for endangered sea turtles. The four mile race for adults and the 1 mile race for children ran along A1A in Juno Beach. The race could be watched from the oceanfront condos in Juno Beach Ocean Royale. The race continues to grow in size and popularity each year. Many of the racers use A1A to train for the race. The strip from Juno Beach into Jupiter is a popular training ground for runners and bikers.

Jupiter Pointe Club & Marina

Located on US 1 just North of Countyline Rd can be found the boat club and marina. The club offers boat rentals of many…

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Jupiter Oceanfront Condos

Jupiter Top 10 Homes

My 10 Best list remained status quo this week.

Corinthians - Direct oceanfront! 3Bd $749,000

Ocean Club-   Closest condo to the beach! 3Bd w/9ft ceilings -$900,000

 

The Tower - Juno Beach 2bd/2Ba condo sits on the sand. Priced at just $350,000. Don't miss this deal! 

Seagrape -   NE corner remodeled condo with beautiful ocean views. Just 4 units per floor. $409,000

Ocean Walk - Updated/ expanded popular A model. Walk to beach. One of Jupiter's most popular beach communities.

Canterbury Place Townhome - 3Bd w/ 2 car garage and outdoor patio- $315,000

 

Jupiter Ocean Grande -7th floor w/ private pool cabana - $ 1,100,000.

 

Seawatch - Direct ocean on Jupiter Island - $675,000

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