Found 48 blog entries tagged as Jupiter Real Estate.

Jupiter Fl Homes for Sale

 

Moving to a new town can be daunting when you are not familiar with the various different areas. You need some help when starting a search for Jupiter homes for sale. You have read some great articles about Jupiter but you just aren't sure where to start your Jupiter home search. Do you want to live in one of the Jupiter golf communities or maybe one of the Jupiter waterfront homes where you can store you boat and be out in the Atlantic Ocean right out the Jupiter Inlet. You thought it would be easy, type in a price range and up comes all the properties for sale. They all look great on the computer, pictures look great and the narrative sounds terrific. Well I recommend you use the aerial under maps and more and see what…

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                                     Jupiter Real Estate

Before we speak about Jupiter real estate and whats happening in the housing market I want to speak to you about other areas of the country and their real estate markets. I traveled last month and had an eye opening experience of local real estate out West. 

I happened to time the perfect vacation out West this year leaving just a few days before Hurricane Irma visited Florida and caused power losses, empty food shelves as well as gas stations without gas. Instead I spent a few weeks out in Colorado , Jackson Hole and Idaho. It was a wonderful trip and of course being in real estate I spent a fair amount of time looking at homes at every town we visited. I reached out to several local realtors…

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Jupiter Real Estate  

Our Jupiter real estate market continues to show strength with just under 200 sales during the first two weeks of June. Almost anywhere along the beach from Boca Raton to Hutchinson Island I'm seeing a very limited supply of condos and homes for sale. I remember the days when I could show a buyer 12 or more properties that fit their criteria. Today I struggle to find just a hand full of properties to show them. I was up on Hutchinson Island last week and found limited choices there as well. One of the best deals I saw was in Island Village just across the street from the beach. They had  two - 2bd/1.5ba townhomes listed under $150,000. They needed an update but I thought they were well price to walk across the street to the ocean.…

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Jupiter Real Estate Market Report

 

Our Jupiter real estate market continues to show strong numbers with just over 200 sales for the last two weeks of April. The strongest market segment continues to be the $300,000 to $500,000 price range which has a limited supply of inventory choices. Finding properties under $300,000 continues to be a struggle along Jupiter Beach. Many Jupiter properties we see under $300,000 do need some updating unless your still into green shag carpets. As you look in individual communities many have no listings for sale or maybe just one property for sale. 

 

 I'm seeing a limited number of Jupiter oceanfront condos under $500,000 available. That seems to be the magic number as a spending limit for many second home…

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Jupiter Real Estate Buying or Selling

 

As the snowbird season comes to an end I'm seeing a Jupiter real estate market that is unlike any I have experienced in a very long time. We saw 200 properties sell during the last two weeks of March and I'm seeing more new listings coming to market. That is good news for buyers yet inventory choices still remain low. I'm seeing a constant struggle between buyer's and seller's trying to take control of  the market. I'm seeing more motivated seller's with constant price changes yet still some sellers are holding fast. There are of course some seller's listing their properties at unrealistic numbers and a similar amount of buyer's looking to purchase at unrealistic numbers as well.

 

I'm see a nationwide…

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Jupiter Real Estate Buying or Selling

 

As the snowbird season comes to an end I'm seeing a Jupiter real estate market that is unlike any I have experienced in a very long time. We saw 200 properties sell during the last two weeks of March and I'm seeing more new listings coming to market. That is good news for buyers yet inventory choices still remain low. I'm seeing a constant struggle between buyer's and seller's trying to take control of  the market. I'm seeing more motivated seller's with constant price changes yet still some sellers are holding fast. There are of course some seller's listing their properties at unrealistic numbers and a similar amount of buyer's looking to purchase at unrealistic numbers as well.

 

I'm see a nationwide…

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Jupiter Real Estate Market 

 

The first two weeks of 2017 got off to a strong start. We saw 117 Jupiter home sales as we began the new year. I am seeing is still a lack of inventory up and down the Florida coast. Many Jupiter communities haven't had any properties for sale for many months and with season here I'm still not seeing any properties in some communities. I'm seeing many potential buyers out there scouting the Jupiter neighborhoods looking for different properties but unable to find that right one. A limited supply is playing havoc with many buyers. One thing I tell buyers is, don't procrastinate if they see something that interests them. There are still a large group of buyers waiting on the sidelines for a specific community or price…

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             Jupiter Real Estate Market 

 

We closed out the year with 328 home sales for December here in the Jupiter area. Overall 2016 was a tremendous year with sales prices rising and demand for the Jupiter area continuing to grow. We can expect 2017 to be just as strong as limited inventory continues to put upward pressure on prices.

 

We saw many changes in the Florida real estate market starting with a continuance of low inventory spurring prices upward. This is the biggest factor pushing prices up. Along the beach most of the buyers are cash buyers so cheap mortgage money isn't playing a factor for buyers. Finding the right property is the most difficult task we face today. Of course the low interest rates are spurring buyers to the…

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Jupiter Real Estate

Our Jupiter real estate market continues to show strength with over 200 homes selling in November. Our low inventory choices and strong buyer demand continue to put upward pressure on sales prices. In Florida our  YTD sales prices are up 11% where historically prices have climbed an average of 3.5% per year. We have had several years of double digit price increases which tends to show there may be  a possibility for Jupiter home values to slow for 2017. 

 

A recent article in Florida realtors news stated many communities across the state of Florida are nearing their 2006 boom prices. I know here in Jupiter I'm seeing some Jupiter communities above their 2006 boom prices while others are still far below. A few local…

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Jupiter Real Estate

Today I'm going to present you with some interesting statistics regarding Florida properties including Palm Beach County properties and Jupiter properties. Our MLS covers properties from Fort Pierce down to Miami which is a very large area and it can not accurately reflect smaller areas that are more local in nature.  I will show you this below and it will give you a better understanding of the Jupiter real estate market.

 

The first three graphs represent the entire MLS area I mentioned above. As you can see the absorption rate is about 5.9 months which is falling after reaching a peak of 6.8 months in March 2016. This number is the number of months it would take to sell the remaining homes if no new homes were brought to…

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