Median home prices in Jupiter area pull back again

For the 2nd straight month the median price of a single family home in the Northern Palm Beaches has trended lower. As of February 1st, the median single family home price in Jupiter and the surrounding communities has fallen to $425,000. This is a 2.4% drop over the past 30 days and more importantly takes today’s median price below year ago numbers when we sat at $430,000 on this date.

median-with-logo

We are still 8 days away from Paradise Sharks mid month market update but over the first week of February pending home sales have continued to move higher as have the number of homes on the market.

There is much diversity in the current market with different segments and locations showing a lot of contrast. Single family waterfront remains hot and just over the past three weeks we are seeing the condo market above $1M showing amazing strength. Anything well priced and marketed under $300,000 is selling quickly but inventory here growing a bit as well. Single family homes between $300K and $500K have also been performing very well with inventory holding steady.

Watch closely if you are doing anything real estate. Each specific property has a roadmap of numbers that you should clearly understand if you are buying, or selling. If Paradise Sharks can be of assistance in ANY way please feel free to reach out for a pain free conversation about your goals and how we will help you meet them. You will find us super easy to reach at 561.308.0175 or info@paradisesharks.com.

Fins up……..

#jupiterhomeprices

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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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