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You are here: Home / BallenIsles Real Estate / Jupiter Real Estate Report – July 2014
9 Jul

Jupiter Real Estate Report – July 2014

Posted by Preferred Residential Properties

By Mark Meckly

Welcome Back to another Jupiter Real Estate Report brought to you by Preferred Residential Properties. Hurricane Arthur gave us a little weather, but everything in Jonathan’s Landing made it through OK and summer is back in full swing here in Jupiter. This week I’m going to talk about some of the latest numbers regarding real estate in Jupiter Florida, including new milestone hope prices in Palm Beach County, median home prices on the rise, and an unusually strong start to our summer.

Without further ado, here are the latest Jupiter Real Estate facts and figures.

We’ve hit an interesting milestone here as the median home price in northern Palm Beach County has hit the $400,000  mark. We are still trailing the high water average mark set in 2005 at $485,000 but we’ve made a steady recovery since our recent lows of $350,000 in 2008.

These median home prices have appreciated 12.3% year over year  and much of our inventory is at the lowest levels we’ve seen since last November. Depending on your needs there are several quality homes available in the Jupiter-Tequesta area but the amount of options might be a little lower than usual.

In fact, despite the low inventory, home sales have actually done very well thus far into summer. Typically a slower season, sales this month clocked in 290 single family homes in the area, slightly down from last month but up over 20% year to year. Single family home sales are strong in the Jupiter area and this could come from a variety of factors including increased confidence and continued low interest rates.

Thanks for checking out our latest Jupiter Real Estate Report. As usual, I’ll keep an eye on the latest numbers and be sure to let you know as soon I find anything significant. Until next time…

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Categories: BallenIsles Real Estate, Jonathans Landing Real Estate, Jupiter Homes For Sale Tags: Jonathan’s Landing Homes for Rent, Jonathan’s Landing Real Estate, Jupiter Homes For Sale

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Real Estate Search

JONATHAN'S LANDING

  1. THE ANCHORAGE

  2. BARROW ISLAND

  3. BAY HEAD

  4. BAYTOWNE

  5. BRIDGEGATE

  6. CAPE POINTE

  7. CASSEEKY ISLAND

  8. CRESSON ISLAND

  9. CROSSWINDS

  10. GREENS CAY

  11. THE HARBOUR

  12. HIDDEN COVE

  13. JONATHAN'S ISLAND

  14. LANTERN BAY

  15. LONGSHORE

  16. THE NARROWS

  17. PASSAGE ISLAND

  18. PORT DICKINSON

  19. RIVERWIND

  20. SHEARWATER

  21. SOUTHERN CAY

  22. SOUTHPORTE

  23. TRADER'S CROSSING

  24. WATERBEND

  25. WEST BAY

  26. WINDRIFT

  27. WINDWARD VILLAGE

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DISLAIMER

The foregoing information was furnished to us by sources which we deem reliable but no warranty is made to the accuracy thereof. Offer is subject to prior sale, rental, errors, omissions or withdrawal from the market without notice.
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Preferred Residential Properties

185 E. Indiantown Rd., Suite 121
Jupiter, FL 33477
Phone: (561) 747-8987

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