Jupiter area condominium prices FINALLY move higher

It has been a long time since we have seen any signs of median condo prices rising in the Northern Palm Beaches. All the way back to June 15th of last year. Since then it had been all downhill but the hill was not steep as median prices over that 7 month period were only down about 8%. During the same time span median single home prices were up, but less than 1%. Again, the market remains dysfunctional.

CONDO prices

So median prices of condos in the Jupiter are up for the first time since June. Over the past 30 days they have moved higher by 2%. Watch for prices in this category moving higher over the next few months. Seasonal traffic is heavier than I have ever seen but so far they have not been writing real estate purchase agreements at the pace we would like to see.

Remember that each home is different and the numbers surrounding it’s value are different and changing all the time. If Paradise Sharks can help you make educated real estate decisions please feel free to contact us anytime at 561.308.0175 or info@paradisesharks.com




Published by

Tom Priester

After spending years among the top individual performers at one of Palm Beach County’s largest and most successful real estate brokerages, Tom Priester knew there was another way to do real estate. A better way. Real estate services focused on the customer. Like the old days when the customer truly was #1. He tired of listening to why he should be going out to have his customers sign one sided buyers’ brokerage agreements. He tired of hearing how he should be selling customers why paying higher commissions, like 7% and 8%, was to their benefit. He tired of hearing how he should sell his clients on why they should be paying hundreds of dollars in additional “transaction fees”. The business had slid way too far from being focused on the customer. His customer. So he decided the time was right to be different…..by design. To start his own unique boutique real estate firm truly focused on his customers. They will now have access to a process focused on them. Only the best marketing techniques to sell their homes. No cutting corners. Commission structures based on his clients needs not his. Paradise Sharks was born out of Tom’s passion to return this business to the customer. Where it belongs. If you want a real estate experience that benefits you, just give Tom a call at 561 308-0175 or send him an e-mail at tom@paradisesharks.com. You can always pay more and receive less but that just would not make any sense. Would it?

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