Found 44 blog entries tagged as Jupiter Real Estate.

Jupiter Home Sales

Jupiter Home Report

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     Another strong week  for home sales in  Jupiter & Juno Beach area. We saw  71  home sales last week, close to season numbers. It's the middle of summer in Florida with temperatures at 90 plus degrees, summer is in full swing in the Northeast and we are seeing record sales. Who is thinking about buying a winter home in August in Florida? Apparently I guess quite  a few. We saw only 4 properties sell under $200,000 and 12 properties sold between $200 and $300k.  That use to be the largest percentage of sales each week. It has now become the smallest segment.

The $400 -$600K market is very strong  with most of the sales in that price range. We are seeing a weakening  market…

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Jupiter Real Estate

Hello Friends & Neighbors

Season is coming to a close but I am expecting the season for home buying to continue several months past the normal timeframe of April for several reasons. The blistering winter in the Northeast slowed home sales both in the Northeast and here.  Flights were constantly cancelled and delayed with many buyers coming here to relax more than shop for homes as their vacations were shortened.  Season overall for local businesses were the best they have seen in years. All good signs for Jupiter and the real estate market. 

I received the market update for Palm Beach County this week and the numbers were quite surprising. The median home prices are up 15% from last year at $272,000 with days on market…

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Jupiter Home Sales

This week we saw homes sales in Jupiter jump dramatically from 54 to 82 homes selling this week. These are sales numbers we see during our peak season and not the first week of October. Strong buyer demand will continue to put upward pressure on prices as supplies shrink. Bay Colony sent out a close out incentive on the higher end marina collection which start at $600,000. The less expensive collection are selling faster and they start in the mid $300,000's and go up to just above $400,000. The under $500,000 is still the strongest market segment. The $500,000 to $900,000 is probably the weakest market segment now and the above 1 million remains strong. I'm seeing alot of buyers looking for $100,000 condos, more than I have ever seen.…

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Jupiter Fl homes

 

Jupiter Home Report

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Jupiter home sales rise to 61 home sales this week. In this months Money magazine they address the shortage of inventory in many popular sunbelt areas including Florida. The three states of CA, NV and AZ had the highest year over year rise in prices in the country. The Northeast had the lowest year over year rise. We all know that as baby boomers start thinking about  retirement we are seeing them moving South in record numbers. Places like South Carolina, GA and Florida are receiving the bulk of the soon to be retirees. Most buyers are not retired yet but are looking to purchase as they continue to see rising prices and they want to get in before they are priced out of the market…

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Jupiter River Walk      

The $144 million dollar Harbouside Plaza on the North side of Indiantown Rd on the Intracoastal is about 40% complete. This is  a huge project for Jupiter which will include 360,000 sq. ft total. On the old site of the Burt Reynolds Museum this parcel of land has had many businesses come and go though the years. The mainstay of the project will be a 4 star Wyndham Grand Hotel with 179 rooms, rooftop terrace with  a pool and bar.   This should be a beautiful hotel with Intracoastal views from many rooms and just a few minutes to the beaches of Jupiter.

Look for Jupiter Real Estate and buy a home before the new River Walk is complete.

We will also see 60,000 sq. ft of office space, 54,000 sq. ft of retail space and about…

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                  Jupiter Homes for Sale

  Jupiter Home Report

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This week we saw Jupiter home sales fall from 78 homes to 64 homes for the last week of April. It is the end of season but sales still remain strong. Lets see if the trend continues through the next few months. I still continue to receive requests for Jupiter condos that are priced under $200,000 and those pickings are slim at best and will probably need some updating. I still amazes me that the million dollar ocean condos are selling better than the $350,000 to $500,000 oceanfront condos.

What I continue to see is sellers watching the last condo or home sell in their community at say $200,000 and they are now listing their place at $250,000 because its…

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Jupiter homes

 

Jupiter Top 10 Homes

My 10 Best list has a new listing this week. Several of the homes went under contract this week. If you see a good deal don't hesitate. Will have to watch closely for some new additions to my 10 best Jupiter homes next week.

Jupiter Hills Courtyard home overlooking 14th hole & water view. Soaring ceilings. Great views and one of the top golf clubs in the area. $495,000

 

Ocean Parks - Complete remodel. Best condo I have seen in there in a long time. 1,500 sq. ft with carport. Close to beaches and shopping. Just $259,000

Beachfront Singer Island- Decorator ready, never lived in oceanfront condo with ocean and Intracoastal views. Ready for a new owner. Beautiful building. Just reduced to $775,000.

Sea…

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Jupiter Top 10 Homes

My 10 Best list has a two new listings this week. Several of the homes went under contract this week. If you see a good deal don't hesitate. Will have to watch closely for some new additions to my 10 best Jupiter homes next week.

Ocean Parks - Complete remodel. Best condo I have seen in there in a long time. 1,500 sq. ft with carport. Close to beaches and shopping. Just $259,000

Beachfront Singer Island- Decorator ready, never lived in oceanfront condo with ocean and Intracoastal views. Ready for a new owner. Beautiful building. Just reduced to $775,000.

                                      Juno Beach Condos

Sea Colony home- Walk to beach, 2,000 sq. ft with two car garage. Attached home in gated beach community. Just…

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This week we saw  Jupiter home sales  fall from 75 homes last week to 50 home sales this week. I continue to see multiply offers on many properties and remodeled homes are asking higher prices and moving fast. Here in Xanadu by the Sea where there hasn't been a home sale in almost a year we saw two homes go under contract this week. Inventory levels continue to fall and buyers are having less choices so homes that have been on the market for extended periods of time are starting to move. Nearly a third of the contingent listings went under contract in less than 30 days.

I hope to start seeing more properties come to market from sellers who are seeing rising prices. I am starting to see several incidents of this happening, but the sellers are raising…

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Jupiter Home Sales Report

 Welcome to our Newsletter   

This week we saw  Jupiter home sales  inch up a bit from 45 just last week to 51 homes selling this week here in Jupiter. Deals are getting tougher to negotiate as sellers are drawing the line in the sand and making the buyers cross that line. More than 50% of offers are being rejected by sellers. I can't blame them, as economics 101 is basic supply and demand. Buyers next year  are going to say I should have bought last year just like the buyers are saying this year. New home builders can't build fast enough and the prices of new homes are approaching $200 per sq. ft. Abacoa townhomes are nearly $180 a sq. ft. Yes for a townhome. Inflation and surging fuel prices are going to drive up the cost…

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